The growing popularity of cryptocurrency has led to an increase in platforms offering investment opportunities. One such platform is on-celsius.network. In this article, we will explore whether on-celsius.network is a legitimate service or a potential scam.
Company Overview
| Company Name: | N/A |
| Website: | on-celsius.network |
| Registered Country: | Unknown |
| Regulation Status: | N/A |
| Operating Since: | N/A |
| Trading Platforms/Methods: | N/A |
| Leverage Offered: | N/A |
| Minimum Deposit/Deposit Bonus: | N/A |
| Available Assets to Trade: | N/A |
| Demo Account Availability: | N/A |
| Customer Support Contact Methods: | N/A |
Red Flags Indicating It is a Scam
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Lack of regulatory oversight and transparency.
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Negative reviews on various forums regarding payout issues.
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Pressure tactics to invest larger amounts.
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Unrealistic returns advertised on their platform.
License and Regulatory Issues
Upon conducting thorough searches through various regulatory bodies including the FCA, ASIC, and FINMA, there is no evidence that on-celsius.network has any registered licenses. This raises significant concerns as operating without relevant licenses can mean that there are no protections for users. Trust scores from sites such as ScamAdviser are currently unavailable, resulting in an unknown trust rating.User Feedback
User sentiment regarding on-celsius.network appears to be largely negative. Many reviews highlight issues with withdrawing funds as well as unresponsive customer support. Common complaints indicate that users often face difficulties when trying to retrieve their investments.-
Difficulty in withdrawing funds.
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Unresponsive customer service.
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Reports of aggressive marketing tactics.
Deposit and Withdrawal Methods
Information regarding deposit and withdrawal methods is limited and largely suggested to be non-transparent based on user reports. There are claims that access to funds is frequently denied, and processing withdrawal requests is fraught with delays.Why Unregulated Brokers Are Risky
Investing with unregulated brokers such as on-celsius.network poses significant risks due to the lack of financial protection mechanisms. Users have no recourse if disputes arise, and there exists a high risk of total loss of investments, as these platforms often operate in a legal gray area.How Can “ReviewsAdvice” Help You If You Get Scammed?
Unfortunately, recovering funds lost to a scam can be challenging. However, “ReviewsAdvice” can help by:-
Raising awareness: By exposing potential scams, we can help others avoid similar pitfalls.
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Providing resources: We offer guidance on identifying fraudulent brokers and reporting scams to relevant authorities.
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Actionable support: We will provide you recovery service recommendations, which will help you in recovering the lost funds or you can report your case here for assistance.
