Read Customer Service Reviews of hyperfund-global.com

About hyperfund

The process of investing in cryptocurrency is now simpler than ever. Anyone with a reliable internet connection can begin constructing their cryptocurrency portfolios in only a few clicks.

However, this accessibility to cryptocurrencies also has a cost, and that is the potential rise in dishonest parties looking to prey on naive investors who are new to the industry.

It should go without saying, but you should always approach any investing venture with prudence and vigilance. This is especially true for cryptocurrency investments, where there is a lot of buzz, market turbulence, and FOMO.

Having said that, HyperFund is an example of this. A Ponzi or MLM scheme, also referred to as a Pyramid scheme, is how Hyperfund might be categorised.

More information click here: Hyperfund Login

Here are a few signs that point to their motivations:
  • In New Zealand, HyperFund is not authorised to offer any kind of financial services.
  • UK FCA has issued warnings, claiming HyperFund is an unauthorised entity.
  • User testimonials on TrustPilot regarding their individual interactions with HyperFund.
Several more as well, which we'll highlight in the sections following.

Affiliates or members who sell the company's goods and services bring in revenue for the business. But frequently, these kinds of scams prey on unsuspecting customers by promising them a certain amount of reward in exchange for a certain quantity of capital. 

These lofty promises are problematic precisely because they frequently seem too wonderful to be true.

We'll examine HyperFund in this post and discuss the type of programme they are promoting.

What is HyperFund?

For users of digital currencies, HyperFund claims to have built a DeFi (Decentralized Finance) ecosystem with a number of decentralised service platforms and blockchain technology.

Affiliates that add new members to a unilevel team, elevating them to the team's leadership, are compensated with referral commissions.

A purchase of 300, 500, or 1000 HU must be made by transferring USDT at a 1:1 ratio in order to become an affiliate member. The pledge made by Hyperfund was for daily payments of 0.5% to 1%, reaching 200–300% ROI paid in HU.

Since HU is an internal token with no real value, you must convert it to MOF through Hyperfund and then withdraw to an exchange in order to profit from it.

The issue is that MOF may rapidly lose value, much like Xu's failed HyperCash, as is depicted here, and you might end up with considerably less than your initial investment.

Who is behind HyperFund?

Ryan Xu established The HyperTech Group in 2014. The website presents Xu as an effective investor and businessperson in the blockchain sector, but public information suggests otherwise because other unsuccessful cryptocurrency launches turn up in searches.

Prior to HyperFund, the group launched HyperCapital in an effort to revive the defunct coin "HCash." Similar to HyperFund in its business model, HyperCapital was finally shut down and no longer has a website.

Based on previous ventures, we may anticipate that HyperFund will take a similar position and engage in cryptocurrency-related fraud.

Is Hyperfund safe?

These are some of the main reasons why, in our opinion, Hyperfund is not a secure investment.
  1. According to https://fsp-register.companiesoffice.govt.nz/, Hyperfund is not authorised to offer financial services in New Zealand.
  2. UK FCA's concerns about Hyperfund being an unlicensed company can be found at https://www.fca.org.uk/news/warnings/hyperfund
  3. Affiliates can only promote their affiliate membership; Hyperfund does not sell any goods or services.
  4. The extra service platforms they list as part of their "Hyper Ecosystem" have no online ratings and don't seem to be active.
  5. On Trust Pilot, there are a lot of negative reviews that reveal the business to be a fraud; the majority of the positive ratings look to be bogus and are probably the work of affiliates trying to promote HyperFund.
  6. The top two options that appear when you search for "Hyperfund" on Google are "Hyperfund review" and "Hyperfund fraud," and they are based on popular, trending, and prior queries.

HyperFund review takeaways

You should approach every investing venture with careful planning and research, as we said in the introduction. If at all feasible, research any offer or deal that might seem too good to be true by consulting several sources and references.

Even the most ardent investors occasionally make foolish decisions when faced with rich opportunities, choosing to ignore rationality in favour of taking a chance to earn rapid gains.

Schemes and benefits provided by companies like HyperFund may appear to be a good deal, but when you examine the fine print, you'll see that they don't add up. Once more, if something seems too good to be true, it probably is.

At least 99% of participants in these schemes lost money, according to a Federal Trade Commission (FTC) investigation of 350 MLM businesses in the United States (JM Taylor FTC, 2011).

With that stated, we sincerely hope that our viewers and anyone else looking to start investing in the cryptocurrency field have learned something from this quick review of HyperFund.

Since HyperFund is not permitted to offer financial services in New Zealand, it is highly likely that it is doing so illegally.

Recall that if you decide to invest with an unregistered firm, you are not covered by any NZ laws and incur the risk of losing your money if something goes wrong.

Before making an online investment, always be sure to conduct comprehensive research. If you have any questions, feel free to get in touch with us. Visit our Knowledge Base for more details on scams.

Comments