unitedsolar-vip Review

Investors Alert unitedsolar-vip – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements

Introduction:

If you are interested in cryptocurrency mining, you may have come across the website unitedsolar-vip, which claims to offer ASIC mining services with high returns. However, before you invest your money with this entity, you should be aware that it is not licensed or regulated by any financial authority, and it may be a scam.

Products and Services:

According to its website, unitedsolar-vip offers three types of ASIC mining plans: Basic, Standard, and Premium. Each plan requires a minimum deposit of $500, $1000, or $2000 respectively, and promises daily returns of 2%, 3%, or 4%. The website also claims that the entity has a team of experts who monitor the market and adjust the mining strategies accordingly.

Financial institution & regulatory license:

However, there is no evidence that unitedsolar-vip is a legitimate financial institution or has a valid regulatory license. In fact, the Australian Securities and Investments Commission (ASIC) has issued an alert about this entity, warning traders that it is not authorized to provide financial services in Australia. Moreover, the website does not disclose any information about the entity’s location, registration, or contact details.

Trader’s Reviews and Customer Service:

A quick search on the internet reveals that many traders have reported negative experiences with unitedsolar-vip. Some have complained that they were unable to withdraw their funds or contact customer service. Others have claimed that they were pressured to deposit more money or upgrade their plans. Some have even alleged that they were scammed out of their money by the entity.

How do online trading scams operate:

Online trading scams are becoming more common and sophisticated in the cryptocurrency space. They often use fake websites, testimonials, and social media accounts to lure unsuspecting traders into investing with them. They may also use phishing emails, cold calls, or pop-up ads to solicit personal or financial information from potential victims. Once they have access to the trader’s money, they may manipulate the trading results, charge hidden fees, or simply disappear with the funds.

How to Safeguard Against Fraudulent Brokers:

To protect yourself from online trading scams, you should always do your research before investing with any entity. You should check whether the entity is licensed or regulated by a reputable financial authority, such as ASIC in Australia. You should also verify the entity’s identity, location, and contact details. You should avoid entities that make unrealistic or guaranteed promises of high returns, or that pressure you to deposit more money or upgrade your plans. You should also be wary of unsolicited offers or requests for personal or financial information.

Conclusion:

In conclusion, unitedsolar-vip is an unlicensed entity that may be a scam. It claims to offer ASIC mining services with high returns, but it does not have a valid regulatory license or a transparent business model. It has also received many negative reviews and complaints from traders who have lost their money or faced difficulties with the entity. Therefore, we advise traders to stay away from this entity and report any suspicious activity to ASIC or other relevant authorities.