Caution! Lpleurope is an offshore company! Your funds may be at risk.
Lpleurope Key Features
🔴 Lpleurope services are questionable – a warning sign!
🔴 Lpleurope was reported as a scam – a red flag!
🔴 Lpleurope is not transparent – a red flag!
🔴 Lpleurope creates unreasonable expectations – a red flag!
Lpleurope Products and Services
Lpleurope is seemingly a crypto brokerage offering a wide variety of services, including trading, auto trading, auto mining and investing. However, there is not much information about the specific services, with the exception of the leverage mentioned – 1:5 on crypto. Other than that, there is nothing in particular – Lpleurope has simply stuffed its website with useless crappy slogans about how the best they are, innovations, safety and so on! So, based on the poor product specification, we should note there is a red flag as Lpleurope is not transparent enough – it doesn’t share information. Actually, Lpleurope’s services are illegal and unregulated, but we’ll deal with it in the following section. Beware!
Cryptos went to become extremely popular, and they come with tremendous profit potential, but the assets are pretty complex and a bit enigmatic for the vast majority of people. Bitcoin is still surging, and the entire crypto market is growing exponentially, but all investments carry significant risks, such as high unpredictable volatility and absence of regulation, for example. And we’d also like to emphasize the fraud risk- crypto scams are virtually everywhere. In fact, the latest trend among scammers is to create fraudulent websites offering fictitious crypto investments and mining services aimed to entice unsuspicious investors into scam settings. The fraudulent offers usually stick to the rule “sounds too good to be true”, the entity offering the services is totally anonymous, and there is no regulation whatsoever. So, based on the products and services offered alone, we can affirm that the entity under review is dangerous. You’d better avoid it.
That said, it’s worth considering trendy cryptocurrency alternatives that have already proven to be reliable. For example, many cryptocurrency exchanges like Coinbase and Bitstamp already provide passive income opportunities like BTC and ETH staking, other earning opportunities, affiliate programs, so on and so forth. Both mentioned are law-abiding financial firms that operate transparently, so you won’t be exposed to fraud risks if you trust them.
Lpleurope Company and Regulation
Lpleurope is allegedly a British company, but we couldn’t find anything about it! However, even if it’s based in the UK, its service would be illegal – the British regulator FCA doesn’t allow leveraged crypto trading! Lpleurope has no license, so you’d better consider it a risky brokerage and a potential scam – scammers are never regulated!
So, the crypto service under review isn’t a typical firm, and as such, it’s not regulated. The absence of regulation implies that your investments will be at risk if you deposit. Moreover, you won’t have access to complaint procedures or money protection schemes, so if things go wrong, you’ll be the one to suffer the complete loss. Even more so, the digital coin transactions are anonymous, so if you get scammed by a shady crypto provider, you can’t get your money back.
Indeed, cryptocurrency regulation has been a hot topic for a long time. The digital coins themselves are not issued or governed by central banks, but too many countries already have plans to introduce centralized cryptocurrencies. Still, Bitcoin is a peer-to-peer payment system that’s considered too risky for many. However, many crypto firms are now operating with financial licenses; they are transparent, and their clients can benefit from certain customer protection measures if things go wrong. And that doesn’t apply to the entity under review, which is an anonymous and most probably totally illegal enterprise that can switch off its servers, pocket clients’ money and get away with the crime.
Lpleurope Address and Contacts
|Address:||2 London Wall, London, EC2M 5UU, UNITED KINGDOM|
|Phone number:||+441617687727; +4930300194580|
Lpleurope’s address is unverifiable, and the same applies to the phone numbers seen above! So, the only thing we have at our disposal is an e-mail address, which doesn’t make Lpleurope transparent in any possible way. The transparency issues are always a red flag, so make sure to avoid Lpleurope as we already have a sufficient amount of red flags to suspect it’s a scam!
Considering investment opportunities, transparency is always crucial. As for cryptos, you already know that Bitcoin is a peer-to-peer payment system, which is designed to protect the privacy and to provide security. However, that doesn’t mean that the crypto providers should also be anonymous. After all, these people will handle your money, so you should at least know who they are and where they operate from. In fact, we need to note that some trustworthy exchanges don’t reveal such information on their websites, but it’s still easy to verify that businesses are legal, law-abiding companies; therefore, it’s always a worrying sign if the crypto provider isn’t transparent.
Lpleurope.com Website Info
|Alexa Ranking||None at the time of writing|
|WHOIS Reg. Date||2021-11-24|
|Owner||Redacted for Privacy|
|Administrator||Redacted for Privacy|
Is Lpleurope Safe?
Lpleurope is not safe! It’s an illegal crypto broker that may as well be a pure scam! It’s not e legal entity, have no license, and on top of all that, experience transparency issues – more than enough for you to stay safe and avoid it! Beware!
Scammers are always riding the trends, so it’s not at the least surprising that cryptocurrency fraud is now blooming. Even more so, the high-tech nature of Bitcoin actually facilitates scams as most people don’t really know how crypto works, so scammers take advantage of the lack of understanding. Indeed, the crypto scam has been here for a while, and it proved to be extremely dangerous- just recall OneCoin, which happened to be a multi-billion Ponzi scheme disguised as a revolutionary digital currency. However, scammers rarely go out of their comfort zone, so most crypto scams happen to be very similar to the typical investment fraud.
The fraudulent crypto schemes are also anonymous and illegal, while scammers introduce themselves with fake identities. There are also too many impersonators resembling the websites of valid start-up companies from where customers get redirected to other insecure fishy payment portals that may as well carry additional security risks. The cons yet again promise the moon and the stars to their victims but won’t deliver a thing in the end. However, the difference between crypto and the rest of the investment scams is that people are more likely to believe that they can become rich overnight as Bitcoin has already proved to have massive profit potential. In any case, you should be very cautious when it comes to crypto, as the markets are plagued by scammers ready to take advantage of you.