HostBitc Review: A Suspicious Broker
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Hostbitc.com Review
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Fund Safety
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Customer Support
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Regulation
Summary
HostBitc strategy for investment is questionable. The investment firm is only after your money. You should read reviews from reliable sources and conduct thorough research before investing funds.
HostBitc is an online cryptocurrency exchange claiming to be the best. It claims to be the best cryptocurrency exchange. Traders expect to receive a fast investment education. It completes 75000 trades in a second. The investment firm offers low trading fees and secure trading.
Do not be quick to invest even a single coin in the company. As you read this impartial review on HostBitc, we highlight the ambiguity it exposes. You end up reconsidering any investment decisions with the broker considering the red flags. Fraudsters promise massive unattainable profits. HostBitc does not function any differently.
Meanwhile, these forex investment firms apply tried-and-tested strategies. A convenient investment strategy generates sensible returns on funds. HostBitc does not contain enough information on the About us section explaining services. Nothing it renders to traders is sensible.
Investing in various financial markets is highly competitive. The wrong tools attract adverse outcomes. HostBitc does not celebrate how it stands out from the massive competition in the market. Also, investing in the crypto niche is no child’s play. The investment firm guarantees consistent profits. There is no such thing as consistent returns. While investing, you encounter losing returns. Nonetheless, you can limit losses through reliable risk measures. HostBitc does not include a Stop-loss or any other proper strategy to protect you from losing outcomes.
Hostbitc.com Review
Hostbitc.com complete massive trade executions in seconds. Automated trading is preferable to human trading. Bots do not mix up emotional interference with trading directions. Fraudulent companies also promise state-of-the-art technology. It’s best to stay cautious and not to purchase awry tools as it attracts adverse outcomes. The kind of algorithm it uses to stand out from competitors is unknown.
The investment firm applies social trading. Price actions and inflation, among several factors, affect the changes in price patterns. Copy trading is not the most reliable strategy investment-wise. Investing in similar profit directions to the account managers does not necessarily generate profits for you. It does not elaborate on the time frame for investment.
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HostBitc offers investment services to all sorts of traders. You require more data on transparency to consider investing in the platform. Beginners require super helpful academic materials to understand market operations.
It is inadvisable to invest without proper academic knowledge or understanding. Hoaxers brag about the best academic tools. You encounter basic explanations of trading terms. You can easily access similar data online for no extra cost.
The crypto market experiences bullish and bearish runs. With proper academic knowledge, you can easily take proper action during the dip.
HostBitc Account and Trading Conditions
HostBitc does not feature any accounts to lure you into investing more money. Scammers often feature investment plans with no variance to opt to pay more. The investment conditions it presents are unbearable.
How it manages to generate profits for customers is questionable. The investment firm appears to be generating negative outcomes. It does not have any data on trade activities taking place. Trade history for three months or more assists in determining the outcomes to expect.
HostBitc software is not compatible with a reliable MetaTrader. MetaTrader is available for investment. You encounter advantages such as access to automated trading charting tools and market analysis. Relying on any web trading platform may expose you to malicious third-party attacks.
How Hostbitc.com Operates
Hostbitc.com does not present a reliable strategy for operation. The investment firm exposes numerous resemblances to scam companies. Expecting any preferential treatment from fraudsters is absurd. Consider business over-investing your money with fraudsters.
Scammers result in denying you access to the services it offers or even your account. It features news and market analysis data. The same information barely has any update. You risk relying on irrelevant or expired news. The news and analysis information is from mysterious unreliable sources.
The investment firm not only fails to showcase transparency in its operation. There is no data regarding its founders or team of employees. You do not come across any qualification information to prove expertise. You risk relying on trading directions from people who do not have a clue about market operations.
Fraudsters maintain anonymity. They result in creating clone entities and attempting to defraud more money from innocent traders. You may come across a bonus on the first deposit of 100% or more. You hardly have access to the reward money even after completing the tasks.
Client Feedback
HostBitc does not feature any positive feedback from its traders. You encounter numerous red flags and negative remarks you should not ignore. Scammers pay professionals to write positive reviews. You may come across stock images.
To your shock, the people whose data appears barely have a clue about HostBitc’s existence. Testimonials highly welcome you into a trading entity. You ought to verify any testimonies with trade evidence. The traffic it manages to generate barely proves the following huge claims.
Funds Safety
HostBitc does not guarantee any safety of funds. The security of your money is a top factor to consider in any platform. The investment firm functions anonymously. Not only do you risk losing your money. Personal data may fall into the wrong hands leading to criminal activities.
The investment firm appears only to benefit the unsung people behind its operation. They may keep your money in personal accounts while you wait for mysterious profits. You do not come across a demo account to familiarise its operation before investing real money. HostBitc does not have any bank information to affirm your money is secure.
Deposit and Withdrawal
HostBitc minimum investment amount is unknown. Scammers encourage payments through non-refundable options. Wire transfer and cryptocurrency transactions are irreversible. It’s best to consider using the Credit/Debit option for chargeback claims up to 540 days.
The investment firm does not have any evidence of successful withdrawal by its customers. How long it takes to process a withdrawal request is unknown without any policies in place. Fraudsters find ways to hold your money for a long. Eventually, they create ways to disappear with your cash without a trace. HostBitc does not feature a refund policy to reclaim your money if you find its services displeasing.
Customer Support
HostBitc only mentions being from Singapore. Additionally, it does not provide any verifiable whereabouts address. There is no certainty in the customer support data available. Fraudsters often cut-off communications upon receiving your money.
You should receive an instant reply to your query, if not fast. Active customer support assists in building trust with the platform. It aims to avail a friendly interface that is not easily attainable without proper customer relations. The investment firm does not feature any telephone or email support service.
Regulation Status Of HostBitc
HostBitc does not appear under the radar of a legit regulator. It fails to provide any regulation documents to prove otherwise. It is illegal in most countries to access public funds without mandatory adherence to regulation. Consequently, different nations have responsible organs for authorising and licensing investment firms.
Scammers cannot afford regulation fees and end up facing bankruptcy quickly. Moreover, these regulated forex investment firms showcase a high level of transparency. You can easily find and verify similar documents with responsible watchdogs. The investment firm fails to avail data regarding its founders because they risk facing criminal charges for illegal operations.
Final Verdict
HostBitc’s strategy for investment is questionable. The investment firm is only after your money. You should read reviews from reliable sources and conduct thorough research before investing funds.
Accordingly, these reliable forex investment firms attract a reliable trading experience. Through a reliable approach, you can enjoy returns on your money. It’s best to avoid Hostbitc.com at all costs.
