Global Broker Regulation & Inquiry App

Score

0123456789
.
0123456789
0123456789
/10

Genesis Miners

United Kingdom|2-5 years|
Suspicious Scope of Business|High potential risk|

https://genesis-miners.site/?a=home

Website

Rating Index

Contact

admin@genesis-miners.site
https://genesis-miners.site/?a=home

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2024-05-18
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Users who viewed Genesis Miners also viewed..

XM

9.04
Score
10-15 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

GMI

7.47
Score
5-10 yearsRegulated in United KingdomStraight Through Processing(STP)MT4 Full License
Official website

FXCM

9.45
Score
Above 20 yearsRegulated in AustraliaMarket Making(MM)MT4 Full License
Official website

CPT Markets

8.21
Score
5-10 yearsRegulated in United KingdomMarket Making(MM)MT4 Full License
Official website

Genesis Miners · Company Summary

Aspect Information
Company Name Genesis Miners
Registered Country/Area HongKong
Founded Year 2018,Ended in 2022
Regulation Unregulated
Customer Support Offline Consultancy
Educational Resources Blog

Overview of Genesis Miners

Genesis Miners was a cryptocurrency mining company based in Hong Kong, established in 2018 and ceased operations in 2022.

It operated without regulatory oversight throughout its existence. The company offered offline consultancy services for customer support but did not have a wide range of educational resources, offering only a blog.

Details on its products, services, spreads, and trading platforms were not provided, reflecting its unregulated status.

Overview of Genesis Miners

Is Genesis Miners Legit or a Scam?

Genesis Miners operated without regulatory oversight, meaning it was unregulated throughout its existence from 2018 to 2022.

This lack of regulation often implies that the company did not adhere to any established financial or trading standards set by financial authorities, which can be a significant concern for potential clients looking for security and accountability in their investments.

Pros and Cons

Pros Cons
Educational Resources Unregulated
Limited Information
Customer Support Limitations
Short Operational Duration

Pros:

Genesis Miners exhibited a commitment to education within the cryptocurrency sector through its maintenance of a blog. This resource provides valuable insights and information about cryptocurrency mining, helping to educate clients and visitors alike.

Cons:

Genesis Miners was hindered by several significant drawbacks during its operation from 2018 to 2022.

Operating without regulatory oversight posed a considerable risk to investors, as it meant there was no accountability to financial standards or protections.

The company also provided very limited information about its services and trading practices, which could make it difficult for potential clients to fully understand what was offered.

Additionally, customer support was restricted to offline methods, which may not have been sufficient for timely or effective assistance. The brief operational period of the company might also suggest issues with its business model or market positioning.

Customer Support

Genesis Miners Ltd., located at Chinachem Century Tower, 31/F, 178 Gloucester Road, Wanchai, Hong Kong, provides customer support primarily through offline consultancy.

This mode of support allows for direct, personalized assistance, although it may not attract clients needing immediate or real-time help.

Customer Support

Educational Resources

Genesis Miners offers a variety of educational resources on its website, primarily through its blog which covers a wide range of topics within the cryptocurrency and blockchain fields.

These resources include detailed discussions on the Ethereum POS Merge, fraud protection strategies, the different types of crypto wallets, and several aspects of decentralized finance (DeFi) such as yield farming, DeFi lending, and the broader implications of decentralized finance.

Educational Resources

Conclusion

Genesis Miners, although unregulated and with some limitations in customer support and operational transparency, served as a significant educational resource in the cryptocurrency and blockchain fields.

The company's blog offered insights into various topics like Ethereum's POS Merge, fraud protection, crypto wallets, and multiple facets of decentralized finance, helping to enhance the knowledge of its audience.

Despite its cessation in 2022, Genesis Miners contributed to the broader understanding of cryptocurrency operations and security.

FAQs

Question: What was Genesis Miners's approach to customer support?

Answer: Genesis Miners provided customer support mainly through offline consultancy..

Question: Did Genesis Miners operate under any financial regulatory body?

Answer: No, Genesis Miners operated without any regulatory oversight, which meant it was not bound by the stringent standards typically enforced by financial authorities.

Risk Warning

Genesis Miners is an unregulated entity, lacking formal oversight from financial regulatory authorities. This lack of regulation may expose clients to increased risks, including potential issues with transparency, operational integrity, and the security of client funds.

Broker Information

Company Name

Table Bitcoin Limited

Company Abbreviation

Genesis Miners

Regulatory Status

No Regulation

Platform registered country and region

United Kingdom

Phone of the company

--

Twitter

--

Facebook

--

Instagram

--

YouTube

--

Company address

--

Linkedin

--

WhatsApp

--

QQ

--

WeChat

--

Customer Service Email Address
  • admin@genesis-miners.site

Company Summary

User comment

0

Comments

Write a review

No comment yet

start to write first comment

TOP
Select Country/Region
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com