Hpx Crypto is an investment platform which claims to generate consistent returns to its users on autopilot. Their way of presentation is world class and many newbies will definitely fall for their trap. They supposedly achieve returns ranging from 2% to 4% per day.
Many beginners might be under the notion that, these numbers are achievable, but that is not the case. These kind of numbers are impossible to sustain and will end in horrible manner every single time someone attempts to maintain it.
The details of the creators of this firm is also a mystery and as far as transparency goes, it is a concerning matter. Read our full review to know everything about this platform and why you need to refrain yourself from entertaining them.
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Company and Customer Support
In most of the countries, strict rules have been implemented around the firms which operates in the financial markets. Since the world of online investing got popular, the number of people who lost money to fake investment programs and frauds went up.
Nowadays, considering the risks involved with unregulated companies, it is definitely not worth our time to indulge with them for any reason. This firm fails to provide the visitors with any kind of legal documents which is a huge red flag. We ran a search across all the major regulatory bodies to trace out details about their organisation.
Unfortunately, the results were negative and without any doubts we can say that, their entire scheme is a scam. Moreover, they haven’t put up any details about their whereabouts.
Do you really believe any legit investment firm would dare to operate in this way? Lack of transparency is the first trail of a shady business model and it should never be taken lightly.
How does Hpx Crypto Function?
Hpx Crypto supposedly has a team of professional traders and fund managers who will carry out the control functions of the firm. The strange thing about them is the fact that, they haven’t shown any statistics of the performance of the traders. Moreover, even the names of the employees are unknown.
Trading cryptocurrency might seem interesting at first, but it surely is not an easy task. This asset class requires precision along with the ability to take quick decision to make the best out of the volatility. We searched nook and corner of their website to know their approach to market.
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However, we couldn’t find anything which would instill confidence. Without knowing the parameters, approach and their trading history, how can they expect us to trust them?
Always stay away from any systems which only emphasises on results and avoid talking about the methodology. After all, if something is too good to be true, then it usually is.
Investment Plans and Profits Promised
This firm advertise returns ranging from 2% to 4% per day. We know that many of the new traders might argue that, it is a reasonable target. However, the statistics and historic data says otherwise. Sustaining 4% per day is no joke and if anyone really could manage to do it, then they wouldn’t go around the internet asking for other people’s money.
Most of the hedge funds rarely generates 35% yearly returns and they charge hefty fees for it. If you think a stranger you meet online with no track record can beat that score, then you might want to reconsider your decision.
Referral Program
One of the easiest ways to gather huge client base without putting a lot of efforts is to host a referral program. This firm provides high cash rewards to their promoters to motivate them to refer more people to their platform. Work frame of their affiliates resemble to that of a pyramid scheme which suggests that, they will eventually meet a horrible end.
To make quick money from misleading the public, the affiliates create fake reviews and publish positive comments on open forums to create a false impression. If you encounter any of the above mentioned activity, then make sure to click away from their platform quickly.
Do not get sold to the hype and always look for tangible proof regardless of how good an opportunity might sound.
Domain Insight
Below is a rundown of the details of this website and domain. Note that, we were unable to trace out the details of the actual creators, seems like they are professional crooks who knows how to hide their identity.
Domain – Hpxcrypto.com
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Registered On – 08/11/2018
Expiry – 08/11/2020
Global Rank – 26,720
Rank in France – 7,510
Audience Geography – France, Italy, Germany, United States and Brazil
Ponzi Business Model
The goal of all the high yield investment program is to make money without putting in any work. They create cash flow by utilizing fake narratives to increase their customer base. The payments made by them to the older participants of the scheme comes from the deposit money brought in by the new victim.
In short, this operational model is not reliable and once they are incapable of finding new customers, it will collapse. So, just because you heard someone getting payments from them does not necessarily mean that, you will also acquire the same. Moreover, this type of business is illegal in most countries as well.
Hpx Crypto Review Conclusion
Hpx Crypto is not a legit investment firm. They are anonymous and are making bold claims only to lure in all the newbies. Cryptocurrencies provide us with a world of opportunities to make money. However, just like any other sector, you need to be aware of the risks as well.
If they were really legit, then why aren’t they providing the user free trial or a demo account? In short, for your own safety, stay away from any organisation which claims to make you money while you sleep and fails to provide any track record or proof.
Now, its a SCAM on BRazil, there is a lot of accounts stopped and withtradraw payments was stop.
Do you any suggestion regarding legit Crypto flatform aside from the scam or crook. I mean, do you have of possible legit crypto site Sir / Ma’am