Have you heard about Uplexo Crypto? Have you been approached by people on Discord to inform you that it was a contest winner? Are you curious to find out whether the offer is genuine or genuine? Find this review to learn more about Uplexo
According to its website, it claims to provide secure storage for digital assets by combining of cold wallets and Multi-party computing (MPC) technology. It claims to also use the most recent technologies to ensure the security of funds and to stay ahead of attacks and vulnerabilities.
The application claims to be developed around a tested formula to win trades and that all you have to do to start making money is make a single deposit and then enable it.
But this Uplexo is a fraud, it is a scam that sends bitcoin to your wallet using a referral code that is available on their exchange. However, for withdrawal of any bitcoin, you have to make a deposit of 0.015btc minimum. This is clearly a scam.
The perpetrators behind these scams continue to launch brand new “systems” as well as “apps” with new names such as Dotxbep, Dotxswap an attempt to avoid the bad reviews so they can continue to lure users into signing up.
It is clear Uplexo is a rip-off as a lot of users have posted negative reviews online, describing Uplexo as it is, a scam.
How Uplexo.com Scam How It Works:
In the beginning, they will entice you false promises of high return and low risk.
You are then required to give the details of your financial and personal information.
You will then be required to pay a minimum amount (usually $250) before you can begin trading.
When it comes time to withdraw your money, they have a myriad of excuses. Most of the time, you’re required to pay tax that is much higher than the initial deposit. When you do, you can’t withdraw the money You’ve been scammed.
One investor had this to declare:
Total fraud of BTC you must deposit in a verified account. Upon the deposit, your account will never be verified, and you are unable to take back your BTC never again
Four Reasons Why You Should Stay Away from Uplexo.com
The website is not controlled by any regulatory body, and as such, the individuals behind it are able to part of your money at any moment.
They charge commissions and fees that are high.
There’s no enough information available on the site.
When it’s time to withdraw your money, you are greeted with a myriad of excuses, and ultimately you can’t withdraw your money and risk losing the money.
In the above we can see it is evident that Uplexo Trading is a scam as was Dotxbep which we previously discussed Investors should be wary of these websites as their goal is to scam off investors who are not aware of the scam.