CryptoMiningEarns247 is a website that claims to offer cryptocurrency investment opportunities and automatic Bitcoin doubling programs. It is operated by Forex Explore Limited, a company that is supposedly fully certified and licensed. However, the legitimacy of the website has been questioned, given the lack of transparency and verifiable information
After conducting a comprehensive examination of all aspects of CryptoMiningEarns247.com, we have uncovered misleading information on the platform.
Our review will expose the platform’s deceitful tactics and provide an honest assessment. Through this review, we aim to explore the various aspects of the platform and determine its legitimacy.
About CryptoMiningEarns 247
CryptoMiningEarns247 claims to have been established in 2017 as a cloud mining provider and states on its website that it was listed as one of the top sites to double bitcoins in 2018. The platform also claims to offer an automatic BTC doubling program and provides access to a high liquidity order book for top currency pairs in the market.
However, there is no credible evidence to support these claims. Additionally, despite stating on its website that it is fully certified and licensed under the name Forex Explore Limited, there is no verifiable information to confirm its claims.
The website does not provide much information regarding the owners or the management team running the company. It is concerning that there is a lack of information regarding the creators, owners, or operators of CryptoMiningEarns247 on their About Us or Contact page.
The fact that the only information regarding a corporate entity is listed on their Terms of Service page is suspicious. Any company that is not transparent about its ownership or operations should be approached cautiously.
It appears that the website is trying to lure unsuspecting individuals with a range of attractive services related to Bitcoin, such as Bitcoin Escrow Service, Bitcoin Mining, Bitcoin Investment, Bitcoin Transactions, and Bitcoin Exchange. These services promise high returns, strong security, and world coverage, all of which may seem too good to be true.
The website claims to provide the “safest Bitcoin and cryptocurrency escrow payment service in the world.” Still, there is no way to verify the security measures in place or the level of protection offered to users’ funds. Similarly, the platform claims to offer easy and smart Bitcoin mining with no evidence to support the efficiency or profitability of the mining process.
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CryptoMiningEarns247 also claims to be an award-winning licensed broker for Bitcoin investment and trading. Also, it boasts of a popular and trusted block explorer and crypto transaction search engine, but again, this just adds to the list of false claims they made.
Furthermore, the website claims to provide a new dimension of trading through its Bitcoin exchange service, with features such as easy perpetual contracts and full transparency. However, one should not fall for this carefully set-up trap.
In essence, CryptoMiningEarns247.com purports to provide a variety of Bitcoin-related services that may seem appealing on the surface. Still, upon closer examination, it becomes clear that the platform lacks the necessary infrastructure and support to meet the needs and expectations of its users.
CryptoMiningEarns247 Investment plans
One major issue with the website is that it does not allow users to view the investment plans or packages offered without first logging in. The lack of accessibility can concern potential investors who want to evaluate the investment opportunities before committing their funds. Without the ability to review the investment plans and packages offered by the website, investors cannot make informed decisions about their investments.
Moreover, the lack of transparency makes it clear that the website is trying to hide something. It is also common for fraudulent investment platforms to hide their investment plans and details from the public to avoid scrutiny.
It should be noted that although the website advertises a free trial for its services, the reality is that the free trial option is not currently operational. There is no indication of when, or if, it will become available.
Therefore, investors should not rely solely on the information provided by the website and should seek out independent sources to verify the platform’s legitimacy.
CryptoMiningEarns247 Red flags
There are several red flags associated with CryptoMiningEarns247:
Fake statistics: The website displays various statistics related to registered users, traders, and deals made, which appear to be artificially inflated. They are likely used as a marketing tactic to create a false sense of credibility.
No reviews: The website does not display any reviews or testimonials from users, which is concerning considering they claim to offer investment services. This lack of social proof raises questions about the satisfaction of its users.
Unverifiable contact info: The website provides contact information, including an email address and phone number, but there is no way to verify the validity of this information. Additionally, the website does not provide a physical address or any information about the company behind the platform, which is shady.
Recently, we came across a complaint by an individual who claims to have lost $390. He writes:
So I joined them, but they kept telling me that I needed to pay two different amounts to receive my withdrawal money. However, the required amount kept increasing and becoming larger.
On August 13, 2023, we received the following complaint:
I was never given my earnings, which amounted to a significant sum. The account manager did not provide my profits even though I made a substantial investment. I suspect they continued using my account because the account manager hacked into it. My initial profit was over $4600, but the transfer was blocked. She then asked for an additional sum, which I declined.
In conclusion, CryptoMiningEarns247 raises numerous red flags and appears to be an untrustworthy platform for investing in Bitcoin or any other cryptocurrency.
It is advised to avoid such websites and look for more reliable and trustworthy alternatives to avoid falling prey to potential scams or fraudulent activities.
If you have fallen victim to online scams, please comment below. If you have suffered a substantial financial loss, do not despair. We are here to assist you in recovering your funds!
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