Universe YT is a website that purports to be a platform for cryptocurrency and forex trading, offering a variety of investment opportunities to its users. The website claims to have over 1 million partners who receive dividends from the company, and boasts partnerships with organizations such as NASA for developing space strategies for trading.
There are multiple reports from users suggesting that Universe yt may be a fraudulent platform that does not return deposited funds. If you are considering investing with Universe.yt, it is important to be aware of the red flags associated with the platform. Read along to know more.
Universe yt is a website that claims to offer trading services, including Forex, cryptocurrencies, and stocks. There is no information on the website about any licenses or regulations that they are required to have in order to operate as a financial investment company.
This lack of transparency raises concerns about the legitimacy of the platform and the safety of investors’ funds. It is important for investors to ensure that any investment company they work with is properly licensed and regulated to protect their investments.
The website prides itself on its partnership with NASA and the development of space strategies. But this information cannot be independently verified. There is no publicly available confirmation from NASA about any collaboration with Universe yt.
Additionally, the claim that users can receive a welcome bonus after registration is a common marketing tactic used by many investment platforms. It is important to read the terms and conditions carefully and to understand the requirements for receiving and using any bonuses offered by the platform.
The domain universe.yt was registered on May 13, 2022 for one year, which means it will expire in about 2 months unless renewed.
Owners’ information is hidden by a privacy service and the website is protected with Cloudflare.
They are ranked 223,054 globally and 1,568 in Israel. According to SimilarWeb, they received 259.3K visits in Feburary 2023.
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When we access the website we are greeted with a popup window that says “Tesla and Universe Collaboration А brand new Tesla Model 3 is waiting for you.” Clicking Show More leads to a page that says that Universe is collaborating with Tesla to hold a monthly draw for three Tesla Model 3 cars among new customers who become a customer, open a deposit, fund their trading account, and follow the company’s updates and news. The promotion runs from January 1, 2023, to March 1, 2023, and the budget for the promotion is 1,000,000 euros.
This was posted on September 7, 2022, and has expired a week ago, yet it is still showing.
Universe yt offers several investment plans, including Platinum Portfolio, Gold Portfolio, Silver Portfolio, Technology Sector, and Fear Index. Here is a brief description of each plan:
Platinum Portfolio: The minimum investment amount is €100,000, and the current price is not disclosed.
Gold Portfolio: The minimum investment amount is €50,000, and the current price is not disclosed.
Silver Portfolio: The minimum investment amount is €25,000, and the current price is not disclosed.
Technology Sector: This plan claims to include the best technology companies in the US and offers a potential return of 35%. The minimum investment amount is €4,000, and it is supposedly a low-risk investment.
Fear Index: This plan apparently allows investors to earn on a non-standard index and offers a potential return of 35%. The minimum investment amount is €6,000, and is proposed as a medium-risk investment.
All of these portfolios are advertised as low risk schemes with potential high profits. However, it is important to note that the lack of regulation of Universe yt raises concerns about the authenticity of these investment plans.
Users have reported that their funds were not returned after being deposited for investment purposes, and the company has been accused of running a scam. Therefore, it is advised to approach these investment plans with caution and do not blindly trust them.
Universe yt Unrealistic Claims
Here are the claims made by Universe yt and the potential risks associated with them:
“Using ready solutions even newbies in Forex can start to make a profit.” – This claim implies that novice traders can make quick profits through the use of the platform’s tools and resources. However, note that trading always involves risk and requires skill and knowledge
“Your chance to master the art of cosmo plane in the world of trading zero to a Pro” – This claim suggests that the platform can turn a beginner into a professional trader. Becoming a successful forex trader takes time, effort, and dedication. No platform or training course can guarantee instant success, and it is important to approach any promises of quick or guaranteed profits with caution.
“Trading signals: Subsidiary trading tools providing gravity during trading” – This claim suggests that the platform’s trading signals can provide significant benefits to traders. Trading signals and other tools should not be relied upon exclusively, and it is important to do your own research and analysis before making any trading decisions.
“Webinars: A star cluster of professionals who will teach you trading” – This claim suggests that the platform’s webinars are led by highly qualified and experienced professionals.
However, it is important to independently verify the credentials and experience of the individuals providing the training and education. One need to understand that no webinar or training course can guarantee success in trading.
Poor Customer Reviews
Many customers have reported issues with Universe yt, including difficulty withdrawing funds, poor customer support, and suspicion of fraudulent activity. Such complaints and negative reviews are a red flag for potential investors.
They have also complained that the website uses high-pressure sales tactics such as cold-calling and pushy retention agents to get clients to invest more money. Such tactics can be signs of a fraudulent company.
For example, on March 3, 2023, we received a complaint by a person who claims being scammed for $12,000 by universe.yt. He writes:
I was approached by a scammer who proposed a business opportunity in Forex and crypto trading. The scammer managed to withdraw 10,000 euros from my wallet. However, the trading was fake, and the profits were a scam. The scammer is still active online, and I can still communicate with him through WhatsApp and cellphone.
Scammer’s email: email@example.com
Scammer’s phone numbers:
- +381 61 1546735 – a valid Serbia number
- +447893927490 – a valid UK number
The contact information listed on the Universe yt website is:
Phone: +44 131 38 57 092
Address: Glandore office 2nd floor, City Quarter, Lapp’s Quay, Cork City, Ireland
It is important to note that while this information is listed on the website, it does not necessarily mean that Universe yt is a legitimate company.
Universe yt Bottom line
Universe Yt makes promises about high returns and easy profits through trading, but their claims are often vague and lack substance. The company’s narratives about their investment plans and strategies are unclear and provide no information about how they generate cash flow.
As a result, investors should be vigilant and cautious before investing any funds into this platform. It is to be skeptical of promises that seem too good to be true.
Ultimately, it is crucial to hold onto your hard-earned money and avoid scams by only investing with reputable and regulated companies. Always prioritize platforms that have a track record of delivering returns to their investors.
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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