简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Beefy Coin Ltd: Withdrawal Caused Account to be Locked?!
Abstract：The decentralized currency market is a massive goldmine for many. While retail traders attempt to make a life-changing amount of profit from this largest and most liquid financial market, there are also unethical syndicates attempting to target them as their easiest prey.
Beefy Coin Ltd is a Hong Kong-based broker that offers the trading of forex pairs, commodities, and cryptocurrencies.
Although Beefy Coin Ltd asserts on its website (https://www.bfy-c.co/) that it is an award-winning broker, WikiFX discovered that it is neither regulated nor holds a valid license.
Therefore, WikiFX gave it a low score for the high level of underlying risk that it may possess.
Todays article focuses on a withdrawal complaint that was submitted by a victim of Beefy Coin Ltd named Bruce.
The client intended to withdraw 1,000 USD from his account, but he discovered that this triggered Beefy Coin Ltd to lock his account, causing the remaining 38,000 USD to be stuck.
He tried to contact Beefy Coin Ltd for help, but to no avail – be it via phone calls or email.
When Bruce realized that he could have been scammed by Beefy Coin Ltd, he quickly contacted WikiFX for assistance. The images attached below showcase the conversation that Bruce had with WikiFXs customer service representative.
Currently, WikiFX is actively investigating this case. More information will be provided should we manage to progress further.
Meanwhile, Beefy Coin Ltd had reverted to Bruce that they need him to pay a foreign exchange income tax of approximately 29,211 USD before they could grant his withdrawal request.
WikiFX would like to highlight to our users that when a scam forex broker has gotten to the extent of asking for additional fees and withdrawals, it is highly probable that you have already fallen into their traps. Do not proceed with any further payments to minimize your losses. Read this article here for more information on such a scenario: https://www.wikifx.com/en/newsdetail/202209079914856356.html.
If you have unfortunately been scammed by a forex broker, this article is going to be handy for you.
Read more: https://www.wikifx.com/en/newsdetail/202206032924195275.html
Stay calm and follow the instructions listed. Remember, you are never alone in this. WikiFX is always here with you.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
WikiFX Review: Is IQ Option trustworthy?
IQ Option is catching our eye as it seems to be a trending topic. For those who want to know whether IQ Option is a reliable broker, WikiFX made this article to help you better understand this broker.
Pros and Cons of Choosing Unregulated Forex Brokers
Discover the pros and cons of unregulated forex brokers, explore risks, benefits, and key features, and learn how to evaluate their credibility with the WikiFX app.
5 Questions to Ask Yourself Before Taking a Trade
Before executing any trade, traders should pause and ask themselves critical questions to ensure they are making rational and well-informed decisions. Here are five questions to help you reflect on your strategy, manage risk, and control emotions before entering the market.
Interactive Brokers Boosts IBKR Desktop with Advanced Tools
Interactive Brokers upgrades IBKR Desktop with powerful tools like MultiSort, Option Lattice, and enhanced charting, simplifying global trading for all skill levels.
WikiFX Broker
Latest News
ASIC Sues HSBC Australia Over $23M Scam Failures
WikiFXTrader Turns $27 Into $52M With PEPE Coin, Breaking Records
WikiFXSingaporean Arrested in Thailand for 22.4 Million Baht Crypto Scam
WikiFXElderly Trader Loses RM2.1M in WhatsApp Forex Scam
WikiFXSpotware Unveils cTrader Store, Global Marketplace for Algo Creators
WikiFXGigamax Scam: Tracking Key Suspects in RM7 Million Crypto Fraud
WikiFXWikiFX Review: Is IQ Option trustworthy?
WikiFX5 Questions to Ask Yourself Before Taking a Trade
WikiFXFCA Seeks Input to Shape UK Crypto Market Regulations
WikiFXUnderstanding the Impact of Interest Rate Changes on Forex Markets
WikiFXCurrency Calculator
