GetPrimeCrypto is an offshore brokerage without proper regulation. As such, it’s risky for your funds. If you’re already involved with this firm, read our review and get all the information you need.
| Broker status: | Offshore Broker |
| Regulated by: | Unlicensed Scam Brokerage |
| Scammers Websites: | getprimecrypto.com |
| Blacklisted as a Scam by: | N/A |
| Owned by: | BHVN |
| Headquarters Country: | Marshall Islands |
| Foundation year: | 2022 |
| Supported Platforms: | WebTrader |
| Minimum Deposit: | $500 |
| Cryptocurrencies: | Available |
| Types of Assets: | Cryptocurrencies |
| Maximum Leverage: | N/A |
| Free Demo Account: | Yes |
| Accepts US clients: | Yes |
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What About GetPrimeCrypto Regulation?
GetPrimeCrypto is a brand of BHVN from the Marshall Islands. Knowing that GLOFSA is a bit of a loose regulator and doesn’t pay too much attention to new brokers on its territory, we wanted to confirm whether or not GetPrimeCrypto has regulation. It turned out that even the owner doesn’t exist in any register.
Why Must A Broker Have a License?
A broker must have a legitimate company and a license to be able to have a reputable bank account and keep your funds safe. Furthermore, Tier1 regulators such as ASIC and the FCA ensure that Forex firms have significant compensation funds to reimburse potential victims.
Since GetPrimeCrypto doesn’t have a registered owner and is not a licensed firm, your money can easily be stolen.
Besides, we want to invite you to read our recently updated reviews of the scam brokers GreenlinePro, BlueRoyalInv and TheCoinTrust. Be chary with these brokers.
Traders Reviews of GetPrimeCrypto
GetPrimeCrypto is negatively rated, with clients sharing everything they have experienced. Basically, the broker is terrific and supportive once they sign up, but the issue starts when they request a withdrawal. Then, the account manager will start making up excuses and fabricating all the reasons not to process the request until the moment the trading account is completely frozen.
If you experience something similar, ensure to report it right away.
What Platforms Does GetPrimeCrypto Offer? – Available Trade Software
We would be surprised to see GetPrimeCrypto offering anything other than a WebTrader. The company allegedly offers crypto staking, lending, borrowing, and trading, all via web-based software. Allegedly, you can lend crypto to the broker and earn a commission, while you can also put your crypto into the platform and get cash from the brokerage. No broker can give cash, so don’t be lured by this.
What About Mobile Trading Apps?
For all we know, GetPrimeCrypto has no mobile app and requires all investors to use Android and iOS web browsers.
All About GetPrimeCrypto Accounts
You can choose between 6 GetPrimeCrypto account types.
- Basic – $500
- Silver – $10,000
- Gold – $50,000
- Platinum – $100,000
- Diamond – $250,000
- VIP – invitation only
Accounts differ in offered bonuses, exclusive updates, webinars, account manager support, etc.
Does The Broker Have A Demo Account?
The firm has a Demo account where you can trade for free. However, your problems will start once you invest real money.
Countries Where GetPrimeCrypto Operates
The majority of the broker scam victims come from:
However, keep away from scammers such as GMGroup, FXLiveCapital and Bullquote. If possible, tell us about your scam experience.
GetPrimeCrypto Range of Trading Instruments & Markets
The only trading instrument available with this firm is cryptocurrencies. The broker offers over 250 coins for trading, staking, lending, and borrowing. As discussed, landing and borrowing are quite critical concepts we believe are just fake ads to lure you into investing. On the other hand, any form of trading with an illicit broker is risky, so we advise you to stay away from GetPrimeCrypto.
About GetPrimeCrypto Trading Conditions
When it comes to trading conditions, the trading company is quite bland. There’s nothing about the leverage, spread, or any commission you will have to pay. Basically, you’re left to be surprised once you open an account and deposit at least $500, double the industry standard.
GetPrimeCrypto Deposit, Withdrawal Methods, and Fees
The company accepts the following payment methods:
- Credit/debit cards
- Bitcoin
- WebMoney
- Skrill
- Neteller
- Sofort
- QIWI
- Wire transfer
The same methods are available for withdrawals. However, once you go to the deposit page, you’ll be prompted to invest in crypto or advised to buy crypto and transfer it to the company’s wallet. Another sign you’re dealing with a scammer since crypto transactions are hard to track and reverse.
Scammed by GetPrimeCrypto Broker? – Let Us Hear Your Story
If you were scammed by GetPrimeCrypto or a similar bogus firm, let us know. Our chargeback experts will be more than happy to assist and help you get a refund.
But What Is A Chargeback?
A chargeback is a way for your bank to reverse the funds from the merchant. Since the process is time-limited, we urge you to act now. Contact us to book a free consultation, and let’s recover your money.
What Is GetPrimeCrypto?
GetPrimeCrypto is an online CFD trading provider offering staking, trading, borrowing, and lending crypto.
Is GetPrimeCrypto a Scam Broker?
GetPrimeCrypto has no license and offers suspicious services, such as borrowing money in cash.
Is GetPrimeCrypto Available in the United States or the UK?
Yes, the firm is available in both the UK and the US.
Does GetPrimeCrypto Offer a Demo Account?
Yes, GetPrimeCrypto offers a Demo account to test their system.
Source:
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