Warning: Is PAIRMiner a Scam?
PAIRMiner (pairminer.com) has been flagged as a potential scam broker. It operates without a valid financial license.
Review: PAIRMiner (pairminer.com)
We reviewed PAIRMiner (pairminer.com) and discovered concerning issues.
PAIRMiner claims to be a trading firm, but it appears currently unlicensed by any credible commission, like the ASIC or CySEC.
Money Stuck in PAIRMiner?
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Regulatory Check: PAIRMiner
The major issue is that PAIRMiner (pairminer.com) is unauthorized to operate.
Trading with unregulated entities is extremely risky. Trusted firms are must be registered with bodies like the FINRA or FCA to protect investors.
PAIRMiner lacks this protection. As a result, there is no legal recourse if they steal your money. Many online scams involve unlicensed entities, and getting back money from them is hard without expert help.
For instance, in the UK, unlicensed firms are outside the jurisdiction of the Financial Ombudsman. In America, they are not members of SIPC, meaning your capital is completely exposed.
How They Steal Money
Online trading fraud is evolving. Criminals use manipulation to steal wealth. Here are typical methods used by sites similar to PAIRMiner (pairminer.com).
Pig Butchering & Romance Scams
"Pig Butchering" is a common method where scammers build trust over months. They fake a romance on social media. Once trust is built, they mention a "lucrative" crypto opportunity. It is a lie to lure you onto a fake platform .
The "Bonus" Trap
Scammers build websites that mimic real trading apps. You see graphs and profits that increase. But it is a simulation. The broker manipulates the prices to convince you so you invest more. If you ask for a payout, the "profits" disappear.
Red Flags
- Unsolicited Contact: They call you from "brokers" out of the blue.
- Unregulated: The company lacks legal registration.
- Guaranteed Profits: They guarantee huge profits with no risk.
- Withdrawal Issues: They refuse withdrawals. They demand "tax fees" before releasing funds.
- Aggressive Sales: "Account managers" pressure you to deposit more.
Do not trust positive ratings. Fraudulent brokers frequently post their own 5-star reviews to appear real.
Conclusion
PAIRMiner is not trusted. It is likely a scam. Save your funds and find a regulated broker. Avoid pairminer.com at all costs.
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