ObeBIT Review – Is obebit.com a Scam or Safe?

ObeBIT Review – Is obebit.com a Scam or Safe?

ObeBIT Key Features

🔴 ObeBIT offers dubious services- a warning sign!

🔴 ObeBIT was reported as a scam- a red flag!

🔴 ObeBIT isn’t transparent- a red flag!

🔴 ObeBIT creates unrealistic expectations- a red flag!

🔴 Many other identical websites with only the name and logo changed over were found- a red flag!

ObeBIT Products and Services

Frankly speaking, we have already reviewed ObeBIT twice. What we mean to say is that we’ve seen two other schemes that are literally the same with only the name and the logo changed over. The rest of the stuff is pretty much the same- the same offers, the same website, the same address, the same phone numbers, the IP address and so forth. ObeBIT happens to be the third one of a kind, and just like the rest, it’s most probably a scam, so make sure to stay away. Later, we’ll put links to the other two so that you can see the absolute resemblance between those.

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.

ObeBIT Company and Regulation

Company:obeBIT Financial Company OÜ
Country:Estonia
Regulation:None
Warnings:None

ObeBIT is purportedly an Estonian company, but that’s not actually the case. The truth is that ObeBIT is not even registered as a financial firm, so it’s basically anonymous and illegal. Dealing with such businesses is always a no-no because you’ll be protected as an investor. Beware!

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.

ObeBIT Address and Contacts

Address:ObeBIT Financial Company OÜ Sepise tn 1 Lasnamäe linnaosa, Tallinn Harju maakond 11415, Estonia
Phone number:+3726104267
E-mail:[email protected]

ObeBIT’s address and phone number are all fake. And that being so, we can label ObeBIT as anonymous- there is a lack of transparency which indeed suggests 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.

Obebit.com Website Info

Alexa RankingNone at the time of writing
IP91.241.19.212
Server Country Russia
WHOIS Reg. Date2021-12-15
RegistrarRegistrar of domain names REG.RU LLC
SSL certificateValid
OwnerRedacted for Privacy
AdministratorRedacted for Privacy

See that we already covered a number of fishy crypto schemes hosted on the same IP, so all of these may as well be connected to each other. Check the ones already reviewed by us:

BitaegoZnoBITObeBIT
BITiamoShenBITDaunBIT
WhiteBITEX

Update: Note there are even more identical websites with similar names constantly appearing, which indeed further suggests that ObeBIT is a part of a larger scheme. Though the scam doesn’t seem to be a sophisticated one, we can positively say that it’s conducted by experienced fraudsters. Beware!

Is ObeBIT Safe?

ObeBIT is not safe! It’s a risky crypto scheme that’s anonymous and illegal, so make sure to stay away because it appears to be just another crypto scam!

Scam Warning

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.

7 Comments

  1. Did 3 deposits – they said due the money I made I need higher verification – first deposit as normal / than for being user / than for being VIP / support tickets they don’t reply. They change BTC address each time// be careful – discord server is RUG as well

    1. have you any proof that obebit is not scam..????????

  2. Did 4 deposits, wish I had come across this earlier. first deposit as normal / than for being user. Now they demand for being VIP which I refused to do so – its lined to the Pump Manipulator discord group with Markus, Arly etc as heads. They. are all scammers in on it. All the transfers were to different BTC addresses – stay clear from this fraudulent scam. No way to recover your funds

    1. thank you for your warning, iam also invited to markus discord

  3. I made the initial deposit, was going through the verification process, was partly approved so I sent a message to support to follow up and the next day I tried to log in to check status and my account had been deleted, can’t log in, tried to change password and it says account not found. I wish I would have read this review first, complete scam from Pump Manipulator discord group.

  4. Be aware that they changed the exchange from obeBIT to BITiamo.

  5. I am just a kid trying doing a minimum wage job trying to pay my way through college. Put every crypto cent I had saved up hoping to make enough to finishing paying the next semesters fees. As we all know now, it was a scam. Make a deposit, and one excuse after another, why I can’t get anything back out. Can’t even get them to follow their own rules, of “you can take out $100 or less every 24 hours”. I even tried begging. I told them, “ok you are a scam, I know it, but any chance I can get enough back to make the next semester deposit and you can keep the rest?” Of course, there was no reply. With there help, I have managed to ruin all my plans for the future. I am not sure how these people sleep at night. Not sure what else to do. I don’t even have a car I can sleep in, I only own a bicycle.

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