Review of the ABU Finance Ltd cryptocurrency exchange: project investigation
ABU Finance Ltd is a company representing a cryptocurrency exchange that aims for success, operating with a British license. However, all documents presented on their website turn out to be fake, and enticing promises of profitable trading do not correspond to reality. Vague wordings and a complete lack of information about the location of the investment platform abu-finance.com should alert potential investors. Nevertheless, more and more clients fall into the trap of scammers. In this review, we will take a closer look at the manipulative techniques used by the hype project.
ABU Finance Ltd organization: what is known
After conducting an analysis, we noticed a lack of information about the platform itself on its official website abu-finance.com. The platform’s creation date is not specified, nor is the location of the main office. The company claims to offer services of a cryptocurrency bank and mining farm. However, the age of the domain abu-finance.com is only 41 days, which raises doubts and explains the absence of reviews about the project. The license, though presented on the website, does not provide legal protection to the company as it is formal and belongs to an offshore zone.
ABU Finance Ltd website: analysis and conclusions
The website interface suggests that the platform is not intended to exist for long. Even for a beta version, there is insufficient content – few sections and bulky text blocks without a clear structure. Although the resource is translated into 5 languages, the translation button is non-functional, leaving the site in its original format. Everything indicates that ABU Finance Ltd will soon disappear, yet many users continue to fall for their tricks.
Investment offers from ABU Finance Ltd
After analyzing the platform’s actions, it becomes clear that ABU Finance Ltd offers a limited investment plan with indefinite terms and opaque conditions. Profitability of income is promised at 110% per month, with possible additional 5% for good results. However, it is unclear whether the percentage is calculated based on the deposit amount. The advantages listed on the site are just a myth and have no practical value, designed to attract novice traders.
Registration procedure on abu-finance.com
Registration on the ABU Finance Ltd website requires a minimum of time and information, without the need for identity verification. Simply fill out the standard form, providing basic data: full name, email address, password, secret question, and answer. Upon receiving the email and clicking the link, you will automatically activate your account.
Technical support from ABU Finance Ltd
It is evident that there is a lack of quality technical support on the ABU Finance Ltd website. Contact with operators can only be done via email, and even then, it is not always possible to receive a response. No other means of communication, apart from a fake address, are provided. Everything indicates that the platform minimizes contacts with clients.
Conclusions
An analysis of ABU Finance Ltd confirms that it is a fraudulent project, compounded by a poor website, lack of technical support, and a fake license. The scheme discussed is standard: the user invests funds hoping for income but ultimately encounters account blockage and deception. It is not recommended to use this platform.
Author: Alina Maymistova
