Fundupico is a cryptocurrency trading platform that claims to offer high returns to investors. However, there is a lot of evidence to suggest that Fundupico is a scam. In this article, we will take a closer look at Fundupico and explain why you should avoid it.
Fundupico was founded in 2021 by a group of anonymous individuals. The company does not have a physical address or any contact information other than an email address. This lack of transparency is a major red flag.
Do Fund Up ICO Have Any License?
Fund Up ICO does not have any licenses to operate as a financial services company in any jurisdiction. Their “About Us” section, which is just some texts, not any details, does not show any information about their details.
Is Fundupico Regulated By Any Authority?
Fund Up ICO is not regulated by any financial regulator, including the Securities and Exchange Commission (SEC) or the Financial Conduct Authority (FCA). This means that there is no one to protect investors if Fund Up ICO goes bankrupt or disappears with their money.
Fund Up ICO Pros and Cons
Here is a table of the pros and cons of Fund Up ICO:
|Accepts a variety of payment methods
|No licenses or regulation
|Poorly designed website
|No customer support
|Negative reviews from previous users
How Does Fund Up ICO Reach To Their Prey?
Fund Up ICO reaches out to potential investors through a variety of channels, including:
- Social media ads
- Online forums
- Spam emails
- Cold calls
The company’s ads and promotions are often very misleading, promising high returns with little or no risk. Once they have a potential investor’s attention, Fund Up ICO representatives will pressure them to deposit money into the platform.
Technical Details of Fund Up ICO
Fund Up ICO’s minimum deposit is $250. The company’s trading platform is not very user-friendly and lacks some of the features that you would expect from a reputable broker. Fund Up ICO’s spreads are high and the leverage offered is too risky for most investors.
Packages and Products They Offer
Fund Up ICO’s packages are not mentioned on their website. We did not get any information about them. They did not disclose this information. You have to contact them and then you can get the information.
Withdrawal and Deposit Method
Fund Up ICO only accepts deposits in Bitcoin and Ethereum. Withdrawals can only be made in Bitcoin. The withdrawal process is slow and there are often high fees.
What Do Their Previous Traders Say?
There are many complaints online from people who have lost money with Fund Up ICO. Some people claim that the company is a scam and that they have never been able to withdraw their funds. Others say that they were able to withdraw their funds, but only after being pressured to deposit more money into the platform.
Summing Up- Why Should Not You Trust Fund Up ICO
There are many reasons why you should not trust Fund Up ICO. The company is anonymous, unregulated, and has a history of complaints from its users. The trading platform is not user-friendly and the spreads are high. The leverage offered is very risky.
If Bad Things Happen, Where Can You Get The Quick Solution?
If you have lost money with Fund Up ICO, you should contact the authorities in your jurisdiction. You may also want to contact us to get a quick response and customized solutions. We will provide you with a free consultation and service recommendations to help you in recovering the lost fund.
File A Complaint Against Scam Broker's
Fund Up ICO is a scam broker that you should avoid. If you are looking to invest in cryptocurrency, there are many legitimate platforms that offer better terms and conditions. Do your research before investing and never invest more money than you can afford to lose.
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