whalesclub.io Review Is Whales Club Scam or Legit Investment

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whalesclub.io Review: Is Whales Club Scam or Legit Investment?

Whalesclub Review: Is whalesclub.io scam or should I Invest? WhalesClub claims it will make you high profits from your investments. How true is this? You may have come across many systems on the internet promising you quick fortunes, the truth is that majority of them turn out to be scams. In this review whalesclub.io, we provide you information based on our investigations and user experiences to help guide you make the proper decision. Is Whales Club truly a trusted hyip investment?

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What Should I Know About Whales Club

According to the information on the webpage, Whales Club is operated by a team of passionate crypto traders and developers, designers and content creators who want to help spread the knowledge and bring mass adoption of crypto trading in general. The platform is owned by Whales Club Inc, and they can be reached only via the form on their Contact Us page. On the home page is a feature of the advantages of the Whales Club platform and their three investment plans. Apart from that, there isn’t anything meaningful about this platform that claims to help you invest big like a Whale. Even the FAQ page contains vague information.

Whalesclub.io Scam Review: Disturbing Things Found

Though this platform might appear legit to a newbie, the truth is that it is just a wishy washy site built with the intention of scamming eager investors. This can be seen from the unrealistic returns and enticing referral program. This is a type of method of scamming unsuspecting investors. Most of this quick-profit investment schemes are HYIPs.

What is a HYIP? It is a just a type of ponzi scheme. Initial investors only get paid when new people sign up and invest, what this means is that you are under pressure to bring in new investors so that you will get paid. As soon as the amount of new investor drops, the owners do away with the money invested, and the site is closed down since there is no longer enough money to pay initial investors. Those that benefit most times are the first investors. The system is not sustainable because it will surely shut down abruptly leaving your money trapped in the hands of the scammers that set it up initially.

Most of them provide a registration certificate and so-called evidence of payments. Don’t be deceived, anybody could get a sham address and certificate most especially from the Company House in UK which most of them use, for just £5. These companies claiming to be located in the UK or similar countries are not in actual sense located there.

OUR VERDICT- SCAM !

A lot of people would try to tell you otherwise but the truth remains that there is no legit hyip. Don’t allow the well designed platform scam you into making a deposit. The truth is that it is just a ploy to make you believe they are legit. whalesclub.io might pay initial investors, but one day they will abscond with your money when there are not enough deposits.

whalesclub.io is not a legit investment platform. Don’t be deceived by their promises.

Conclusion

Everyday we get complaints of people been scammed. Most people fall for these schemes because of the sweet promises of making huge profits within a short time. On a serious note, legit systems exists but scams are very very numerous. So you need a guide to help you make a good decision. We have made it our duty, by exposing scams.

Our Recommendation

They are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We constantly search them out to guide our readers so they don’t fall for scams. Always feel free to interact with us in the comment section.

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Whales Club Review (Whalesclub.io)

Whales Club is an allegedly a new crypto trading platform which supposedly has flawless trading history. They claim to profit around 5% on a daily basis. However, despite all their bold statements, the owners are still operating from the shadows.

Their platform looks professional and can easily manipulate any newbie into thinking that, they are dealing with a legit authority. Unfortunately, many people have already fallen for these deceptive tricks and its time now to expose the truth about these crooks.

To know precisely the agendas of this institution, go through our review till the end.

Legality and Support Details

Every investment firm is subject to market risk. So, to ensure the safety of all the parties involved, strict rules have been laid on this sector. If any firm violates or fails to adhere these rules, then the consequences are severe and the owners might face criminal prosecution.

This platform haven’t shown any of their legal documents on their website and their physical location is also unknown. We ran a search across all the regulatory bodies and still we were unable to find a clue about them.

In short, we can confidently say that, their entire premise is a scam. Moreover, if you are trying to contact their support team, good luck. They communicate only using emails and are known to be extremely frustrating to deal with.

Think for a moment, what kind of investment firm operates without disclosing any of the details?

Whales Club Business Model

Whales Club claims to be a part of many activities simultaneously which involve content creation and trading different asset class. They vaguely talk about the different concept and aspects of trading.

However, without any sort of proof, this firm does not deserve the benefit of doubt. Cryptocurrency is the hottest sector in the financial world which has made many people rich in a matter of years, but it certainly isn’t a shortcut to wealth.

Trading involves a lot of process wherein an individual or firm takes minimal risk and aim for maximum profits. Since, there is no explanation about the procedure this firm follows, as far as transparency and investor’s confidence goes, it’s a huge red flag.

We don’t know their average profit or loss size and the maximum drawdown they have encountered. Investing with them is just like taking a shot in the dark, you will never have the odds on your side.

More importantly, without any solid data, will you really trust a stranger to handle your funds?

Investment Plans and Returns

Making profits at a push of a button has been a dream for many of us. Over the years, we have seen a lot of schemes which promises to make us rich at the beginning, only to abandon us after taking our money.

This firm claims to generate returns which tops out at 5% every day. Through compounding, if you can sustain this number, then you will become a billionaire within a decade on autopilot.

While this sounds interesting, never forget the fact that, it is only a fantasy. Here are the details of the investment plans on offer.

WHALESCLUB Overview

Program launched on May 14, 2020. First, the program completed one cycle from main plan, investors who joined few days later since launch made barely to profit zone. Admin was weak and made radical changes in program which scared investors away instead to work on marketing strategy and the inflow dropped to program crash.

Whales Club program historic details

Investment plans

From $100 / Return 150%

3-4% Daily (Floating) on Business Days and 1-2% Daily on weekends until 150% earned, Principal Included

From $30 / Return 125%

125% After 20 Calendar Days, Principal Included

Manual payments

Payments are accepted from PerfectMoney, Bitcoin and Payeer. Each currency hold it’s own value, not depending of USD markets. Withdrawals are processed manually in 24-hour time frame on business days, deposits are recorded instantly.

Multi level affiliate system

The affiliate system is designed two levels of 8% – 2% from multi-level referrals deposits to your account balance which you may withdraw or invest. You don’t need to have active deposit to earn referral commissions.

Technical features

Earning examples

You would receive

$3.50 daily to your account balance on weekdays (Monday – Friday) and $1.50 daily on weekend days (and holidays). These earnings can be withdrawn at any time. Complete cycle will last until 150% earned and your investment principal is included in daily returns. It will take around 7 weeks per full cycle. With included principal you have earned back $150 (150%).

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