Caution! Kryptechinvestment is an offshore company! Your funds may be at risk.
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Kryptechinvestment Key Features
🔴 Kryptechinvestment services are not trustworthy – a warning sign!
🔴 Kryptechinvestment is under no regulatory oversight – a red flag!
🔴 Kryptechinvestment is not transparent – a red flag!
🔴 Kryptechinvestment creates irrational expectations – a red flag!
Kryptechinvestment Products and Services
Kryptechinvestment is not just a scam, it is a lazy one at that! If you have taken a look at the logo of the website, you might be wondering what that Fionca logo means. Well, it turns out that Fionca is a website template from WordPress. This means the people behind Kryptechinvestment could not be bothered to even change the logo on their website.
And the site itself is predictably generic too – the only noteworthy part of it is the section on Kryptechinvestment’s business plans. Here is what it looks like:
Of course, Kryptechinvestment promises obscene returns on investment. And of course, it cannot grant them – the company is a scam. A daily ROI of 5% is simply not possible. We are sorry to say it, but there are no easy ways to becoming rich – and you cannot trust companies that claim the opposite to be true.
If you consider it possible for Kryptechinvestment to come through with its promises, however, consider the following – if there were a way for the company to achieve such serious returns, it would not need you to deposit with it. The people behind Kryptechinvestment would simply have invested their own money in the scheme! Kryptechinvestment is what is known as a HYIP – here is what that means:
HYIP stands for High-Yield Investment Programme and these businesses usually promise higher ROIs (return on investment) than usual. In some cases, the offers are just ridiculous- up to hundreds and thousands of percentages per day, which certainly can’t happen. To draw a comparison, even the wealthiest banks or investment funds are not capable of delivering more than 10% per year, let alone per day or week. Therefore, the products and services assessment suggests that you’ll be at risk if you deposit.
That being so, it’s worth considering trendy alternatives that can help you build an extra income, such as Forex brokers PAMM managed accounts, social trading or crypto services that may as well fulfil your investment needs. For example, many cryptocurrency exchanges already provide passive income opportunities like BTC and ETH staking but make sure to subscribe to well-known, proven networks.
Kryptechinvestment Company and Regulation
Kryptechinvestment does not mention regulation once on its website. The only way to know if a company is not running a scam is to make sure it is regulated. And without a license, all bets are off about Kryptechinvestment!
The lack of regulation implies that the people operating this HYIP are working unchecked, meaning they can misuse or misappropriate your funds, eventually bearing no responsibility for their actions. To draw a distinction, regulated investment companies are forced by law to follow certain rules that guarantee the safety of clients’ funds. For example, to get a license, a firm should meet minimum capital requirements that vary from country to country and may also depend on the product specification as there are many types of investments possible- stocks, bonds, mutual funds, banking products, fixed-income, retirements and so on.
In the US, the minimum capital requirement is 20 million USD, which happens to be among the heftiest in the world. Other than that, US financial services companies are also required to keep accounts segregated, thus ensuring that clients’ money can’t be exposed to unnecessary risks or stolen. However, it’s worth noting that the US regulatory framework is very complex as there are numerous financial authorities, among which NFA, CFTC and SEC, to name a few, and all of these monitor companies in one way or another. The US markets may be tricky for the ordinary investor, so make sure to acquaint yourself with the environment before you’ve wasted money on potential scams like the one under review. And you’d better avoid unregulated investment businesses at all times.
Kryptechinvestment Address and Contacts
|Address:||Otakaari 1 FI-02143 Espoo Finland|
Kryptechinvestment provides us with a Finnish address – but the company is not licensed to deal in Finland. Therefore, the address is fake. Scammers often lie about their whereabouts – make sure you are dealing with a transparent firm instead!
When it comes to investing, transparency is crucial as you should know who’s running the investment and where your money actually is. Legit firms always operate transparently and are bound by law to provide the public with basic corporate information, including addresses, contacts and legal documents disclosing all provisions related to the service. And our experience shows that it’s most probably a scam if you can’t reach anyone over the phone given, can’t validate the addresses or can’t in any other way prove that the investment provider has the authorisation to offer financial products.
Kryptechinvestment.com Website Info
|SimilarWeb Ranking||None at the time of writing|
|WHOIS Reg. Date||2021-09-06|
|Owner||Redacted for Privacy|
|Administrator||Redacted for Privacy|
Note that we reviewed more than one suspicious investment scheme hosted on the same IP, so all covered may as well be a part of a larger network. Check the ones we’ve come across so far:
Is Kryptechinvestment Safe?
Kryptechinvestment is not a safe place for your money. The unlicensed company is a scam – one that you should avoid at all cost!
Dealing with HYIPs and other unregulated investment providers is not recommended for many reasons. Above all, the absence of regulation strongly suggests a scam as only regulated firms are authorised to provide investment services. As you probably guess, scams can’t flourish in a strong regulatory environment, so you’d better think twice before you’ve deposited with unregulated investment schemes.
The authorisation is only granted when the firm complies with the requirements and standards, which guides how the entities should treat you as a customer and what sort of information they should give you. Each country’s regulator maintains a register of licensed firms and the investment services that each licensee is authorised to provide. On the other hand, unauthorised firms aim to avoid complying with the controls that legal, authorised entities are subject to, thus leaving investors entirely unprotected. Needless to say, scammers want to get you totally unprotected, and that’s why they always work without a license.
As for HYIPs themselves, many of these schemes operate precisely as a Ponzi because many investors can actually withdraw initially, but sooner or later, the service will inevitably close. HYIPs usually target traders and investors with little or no experience by promising fictitious investment opportunities said to deliver unrealistically lucrative gains. 10% or 100% per day certainly isn’t a legit offer.