Caution! Quantumex is an offshore company! Your funds may be at risk.
Quantumex Key Features
🔴 Quantumex is a shady crypto exchange – a warning sign!
🔴 Quantumex is under no regulatory oversight whatsoever – a red flag!
🔴 Quantumex has none of its contact information available – a red flag!
🔴 Quantumex creates irrational expectations – a red flag!
Quantumex Products and Services
Quantumex is another crypto exchange – and there is nothing wrong with such companies in general, but the fact of the matter is that most of them are unlicensed scams. There are thousands of exchanges and the best case scenario of trading with an unlicensed one is getting your transaction taxed heavily. Of course, the worst case scenario is much more dramatic – in it, you get your whole deposit stolen!
And by everything it seems that Quantumex is one of the scam exchanges. The company’s website makes no mention of its regulation and it is quite opaque – we will touch on all of these points later on. For now it suffices to say that trading on the Quantumex exchange is quite dangerous and you should seek the services of bigger and recognized firms instead!
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.
Quantumex Company and Regulation
Quantumex is not licensed in any capacity. And that is quite unsurprising – we did mention the majority of crypto exchanges having the same issue nowadays. Once again, to be safe, you need to trade on one of the few legitimate exchanges!
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.
Quantumex Address and Contacts
Quantumex does not have enough contact information – it just has an email address available. This is not sufficient – who knows how slow the communication on it is. If Quantumex were a big exchange as it claims on its page, how would it handle all of its clients questions and concerns only via one email address? The lack of contact information is simply another sign of 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.
Quantumex.vip Website Info
|SimilarWeb Ranking||None at the time of writing|
|WHOIS Reg. Date||2021-10-20|
|Owner||Redacted for Privacy|
|Administrator||Redacted for Privacy|
Is Quantumex Safe?
Quantumex is not a safe company – there are no guarantees of what will happen if you invest with it. The chances of companies like it being scams are too high to warrant depositing with them – always make sure you are trading on a big, regulated and popular exchange. Otherwise, you will get scammed. You will have no legal recourse either – Quantumex makes it so with its lack of regulation and transparency!
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.