Is Polarbtc.com legit or a scam?
PolarBTC.com found a scam. This website uses a PO Box as its registered address. There are many online reviews for the site stating that it is a scam.
This website, PolarBTC, claims to have been established for several years, but the reality is that the domain name was only registered in 2022.
PolarBTC.com company owner proves that entrusting this broker with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds.
It is unequivocally a scam. Polarbtc scam investment platform that claims to offer passive income.
What is www.polarbtc.com?
PolarBtc Reviews is a Bitcoin-based platform. We offer leveraged trading on Bitcoin, Ethereum, Litecoin, and Ripple. Our company was founded in 2013 and has experienced exponential growth.
We serve clients in over 150 countries. Our clients have access to top-tier liquidity and a variety of trading tools. PolarBtc reviews prioritize security and liquidity to ensure a safe and efficient trading environment for all our users.
Polarbtc Details:
Company URL | polarbtc.com |
Company website status | Offshore Broker Scam Alert |
Company Creation Year | 2022 |
Domain AGE | 9 months, 22 days, 6 minutes, 28 seconds |
Date registration | June 27, 2022 |
Licensed | Unlicensed Forex Provider / No Regulation |
Broker Owner | N/A Hidden |
Maximum Leverages | 1:100 |
Minimum Deposit | 250$ |
Company Review | Negative |
Trading Platform | Bitcoin, web traders |
Regulated authorities | Unregulated by the UK,Low tier regulated |
Broker Active | UK, France, India,Sweden |
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Deposits and withdrawals
Please don’t deposit with this unlicensed business. This broker utilized a chargeback to recoup customer deposits after making numerous requests over several weeks. do not pay money back to their customers and have the account closed.
The rules and regulations of the domain and bonus withdrawal policies are not legitimate.
Account Types
Polarbtc scam broker house offers various deposit methods, including bank transfers, credit cards, cryptocurrencies, and even e-wallets. We are disappointed with these methods because they are all risky for customers.
Red flags and warning signs
- The broker provides a fake phone number, email, and address as contact details. We have discovered that the address is fake.
- PolarBTC scam proves to be an unregulated broker. This broker can’t have regulation by any other authority in the UK and shows red flag signs.
- The Polarbtc scam owner does not reply to their company customer. The Polar BTC broker did not experience any problems with support and left unanswered questions.
- The trust score is unavailable because of the negative reviews.
- We researched and found positive reviews (last 12 months) = 0%.
- This Ploarbtc claims to be licensed but not regulated by the Crypto Conduct Authority. However, once you check the register of the UK companies at the given address, you can’t find CCA.
- This company’s domain broker requires a minimum $250 deposit, which is unacceptable nowadays. So the broker urged the client to invest money, but sometimes he did not respond to signal calls or phone calls.
- This is not legal information and is not licensed.
Read our carefully selected list of 100 top regulated brokers to make Safe investment decisions in legitimate companies.
Customer complaints and negative reviews
FAQs
Is My Money Safe With this company?
Cryptocurrency is considered highly secure compared to credit and debit cards. This is because cryptocurrencies do not require third-party verification. When a customer makes a payment with cryptocurrency, their data is not stored in a centralized hub, where data breaches often occur.
Does Polarbtc offer a demo account?
This broker doesn’t provide a demo account version. Therefore, it is not a trusted one.
What Is the Minimum Deposit for It?
The minimum deposit is $250 at PolarBTC.
Got scammed by Polarbtc.com? We help victims!
If you have fallen victim to a Polarbtc.com scam and fear for your funds, don’t hesitate to reach out to us. Our team is committed to assisting you in recovering your money.
Reportscammedbitcoin.com is here to support you in your efforts to get your funds back. You Can report to us today by the below form.