Voya crypto is a crypto broker that claims to offer a variety of trading services, including spot trading, margin trading, and derivatives trading. However, there are a number of red flags that suggest that Voya crypto is a scam.
Voya crypto is a relatively new broker, having been founded in 2022. The company does not have a clear regulatory history, and its website does not provide any information about its ownership or management team.
Does Voya crypto Have Any License?
No, Voya crypto does not have any licenses from any financial regulatory authorities. This is a major red flag, as it means that the broker is not subject to any oversight or regulation.
Is Voya crypto Regulated By Any Authority?
No, Voya crypto is not regulated by any authority. This is another major red flag, as it means that there is no one to protect investors from fraud or abuse.
Pros and Cons
- The minimum deposit is low.
- The trading platform is easy to use.
- There are a variety of trading products available.
- The broker is not regulated.
- There is no customer support.
- There have been reports of fraud and scams.
How Does Voya crypto Reach To Their Prey?
Voya crypto uses a variety of methods to reach potential victims, including:
- Social media advertising
- Spam emails
- Cold calls
The broker often targets people who are new to the world of cryptocurrency trading. They promise easy profits and quick returns, but in reality, they are just taking advantage of people’s naivety.
The minimum deposit to open an account with Voya crypto is $250.
Voya crypto uses a web-based trading platform that is not very user-friendly. The platform lacks many of the features that are standard in other trading platforms, such as technical analysis tools and order types.
The spreads on Voya crypto are high, which means that traders pay more to buy and sell cryptocurrencies.
Voya crypto offers high leverages, which can magnify profits but also losses.
Packages and Products They Offer
Voya crypto offers a variety of trading packages, each with its own set of features and benefits. The most basic package is the Starter Package, which offers a small number of trading features and limited leverage. The most expensive package is the VIP Package, which offers all of the features and benefits of the other packages, plus additional perks such as dedicated account manager and priority customer support.
Withdrawal and Deposit Method
Voya crypto offers a variety of deposit and withdrawal methods, including credit cards, debit cards, wire transfers, and cryptocurrencies. However, there are high fees associated with these methods, and there have been reports of delays and problems with withdrawals.
What Do Their Previous Traders Say?
There are a number of complaints about Voya crypto online, from people who claim that they have been scammed or that the broker has not honored its withdrawal requests. There is also a class-action lawsuit pending against Voya crypto.
Summing Up- Why Should Not You Trust Voya crypto
The red flags mentioned above suggest that Voya crypto is a scam. The broker is not regulated, there is no customer support, and there have been reports of fraud and scams. If you are considering trading with Voya crypto, I urge you to reconsider. There are many legitimate cryptocurrency brokers available, so there is no need to risk your money with a scam.
If Bad Things Happen, Where Can You Get The Quick Solution?
If you have lost money to a crypto scam, there are a few things you can do. First, you should report the scam to the authorities. You can also try to recover your funds through a crypto recovery service. These services typically charge a fee, but they can be successful in recovering lost funds.
To find the best option, we can help you. Based on your case you can have a free consultation and service recommendations to get the perfect help.
File A Complaint Against Scam Broker's
Voya crypto is a suspicious crypto broker that should be avoided. If you are considering trading with this broker, we advise you to reconsider. There are many legitimate cryptocurrency brokers available, so there is a good chance to put your investment in the right place.
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