QubitTech Review – What Do We Know About QubitTech?

William Thompson 18.11.2022 No Comments

Rating

Broker status	Unregulated
Regulated by	Unlicensed
Scammers Websites	qubittech.ai
Blacklisted as a Scam by	N/A
Owned by	QubitTech Corporation
Headquarters Country	Estonia
Foundation year	N/A
Supported Platforms	N/A
Minimum Deposit	N/A
Cryptocurrencies	N/A
Types of Assets	N/A
Maximum Leverage	No info
Free Demo Account	N/A

As of May 2023, the qubittech.ai has ceased operations. But you can read the article to avoid falling for similar scammers.

QubitTech: What’s it all about?

QubitTech is described as a digital ecosystem based on blockchain technology. It is not yet live and is not in testing. Only the whitepaper is currently being prepared at the time of this review.

Two digital tokens will be used to create the blockchain: QST (for financial settlement) and QDT (for attraction of additional liquidity). QST will be used in financial settlement, while QDT will be used as a way to attract liquidity to the ecosystem.

QubitTech was supposedly created to be a digital bank as well as a platform for socio-economic development.

QubitTech also offers trading signals. You can use a free bot and purchase two paid robots. QubitTech should also have a trading platform and an exchange, while select users will receive a mobile phone that is extremely secure.

While most of the above mentioned things are only on paper at the moment, QubitTech has a generous investment offer in digital licenses.

These digital licenses can be purchased for up to 25% monthly returns on your investment. Minimum investment: 100 USD

We were unable to find any explanation of how these digital licenses generate such a high profit. QubitTech will only use your money to trade cryptocurrencies.

Inexistent ecosystem

QubitTech is a blockchain ecosystem built on QST and QDT. The QubitTech blockchain isn’t even available in a whitepaper. It is obvious that QST tokens and QDT tokens do not exist.

What are we left with then? Is there a website promising money for investing in digital assets What, how, and where can you find proofs or certified results?

Fake trading

QubitTech claims to deliver 25% monthly returns on digital licenses that they have backed by God only knows what. This is a red flag because even the most successful investment funds won’t reach that level in one year. However, QubitTech claims they will every month.

Qubit Tech claims that they currently achieve 0.84% daily. This corresponds to the promised 25% monthly.

You can also earn tens of per cent on deposits made through their affiliate program at 12 levels.

QubitTech must be trading at a rate of 25% per month, which would be absurd. This is something that no legitimate company can achieve every month. QubitTech is a fraud, that’s for sure.

Scammers that hide behind fake cryptocurrencies and trading robots, as well as giant pyramid structures, are known to charge 25% per month. QubitTech was just an evolution of Bitconnect, the first major fraud of this type.

Illegal service

QubitTech doesn’t have a product. It is selling digital licenses that are supposed make you money. QubitTech’s digital licences are unregistered securities, as this is what an investment contract looks like.

QubitTech cannot sell securities in any country around the globe. It is therefore an illegal investment service.

QubitTech has been warned by the Spanish financial regulator CNMV. This warning is applicable worldwide, as Qubit Tech does not have any license.

Anyone who promotes this scam is violating the law and could be prosecuted if they are found selling or promoting unregistered securities.

Fake company

QubitTech claims it is a Estonia-based company. This is clearly false. It is possible to verify this yourself.

You will not find QubitTech in Estonia if you do a search there.

We have an anonymous group of people selling unregistered securities, and claiming they can trade financial markets more efficiently than any legitimate investment firm. They are not trustworthy. We don’t think so!

QubitTech: How it works

QubitTech is a fraud. Its affiliate program is built on a large pyramidal structure.

This means they aren’t trading real currency, or at least they aren’t profitable. They don’t have profitable robots, and they can’t offer profitable trading signals.

QubitTech accepts deposits only in cryptocurrencies (BTC, ETH) so it will be difficult to recover any money when the house of cards collapses. It will also be difficult to track down the transactions and locate the perpetrators.

QubitTech may seem appealing to some because it offers a time frame when they actually pay, but it is not worth the cost.

First, these schemes are not a zero-sum game. Far from it. The majority of the participants will lose in order to make a profit. It is possible for it to crash right after you have made your deposit. Last but not least, authorities can charge you with promoting a fraud if you promote it actively.

Chargeback Is Your Solution!

A chargeback is the retroactive cancellation and refund of a charge made using your credit card, wire transfer or some other payment methods.

By putting together a compelling chargeback strategy from beginning to end, victims of online fraud have a relatively high probability of recovering some of all of their funds lost.

However, using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance.

Request a free consultation today by clicking the button below!

Free consultation

What is a chargeback?

Chargebacks are a way for your bank to recover funds from the merchant. We recommend that you contact us immediately to begin the process. We will have a free consultation to discuss how we can recover your money right away!

QubitTech: Video

Below you will find a short video about QubitTech. Watch it so you don’t miss anything important. In a few minutes you’ll learn the whole truth about QubitTech!

Author: William Thompson

William Thompson

Copywriter with more than 10 years of experience. Wrote analytical content for one of the largest forex brokers in the world. Works as an editor-in-chief at assistance-refund.com

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FAQ

Why do people think that QubitTech is a scam?
Qubit Tech is also considered to be a scam due to certain aspects of the program. The system is not based in the United States. This is why some people aren't happy about it. Most people assume that a legitimate company would be able to operate in the top economy in the world. This is often false.
What is the point of Qubit Tech being a mixed bag?
Qubit Tech is a scam, according to some people. They think it is rigged to steal people's money and not give them any profit. People believe that this platform will instantly make them rich.
It's not good, but why?
Some investors believe that the system delivers everything they want and more. It is easy to use and offers many benefits for investors. The system makes crypto trading easier, according to some reviewers. The program also helped them to learn how to be a better investor.
Why is Qubittech not located in the U.S.A. or Canada?
Qubittech doesn't have a presence in the United States or Canada, as the founders may not want to be located there. People who live in the U.S. and Canada can still access the platform using technology that allows them to do so from any part of the world.