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Published on October 5th, 2020 | by Sara Kane

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Wallet Plus review: Profitable investment or scam site?

Wallet Plus is an investment platform that uses cryptocurrency mining, Forex trading stock option and other investments to create profits for investors. They do not specialize in a single area of investment and they will invest according the expected returns in the time period. It is basically a portfolio investment with a diverse investment platform. You do not have to know about investing in any of these platforms as the Wallet Plus plans will already include them in the investment plans. They will manage the trading and investment options and all you need to do is invest in the site and withdraw your profits on an hourly basis. Sounds too easy, right? Whenever an investor comes across a site that offers hourly returns on an investment that is completely automated, you should know that there is something wrong. Before you decide to try this site out, you should consider various aspects of how they work. The sites strategy, its investment plans and their referral program all point to the fact that it is not your typical investment site, so be careful before investing in it.

Wallet Plus is based in Dubai and has been operational since 2018. The company is registered under the name of Jet Bitcoin Ltd. However, they have provided registration details that point towards a UK registered company. It is unclear whether they are based in Dubai as the claim, or in the UK as shown in the registration documents. The company’s physical address is also a UK address, but it cannot be verified. The address is: 17 HIGHFIELD AVENUE WARRINGTON UNITED KINGDOM WA4 5EE. Company No. 10379529. They have also provided a UK number:  +44 (020) 3287-1485. If you want to contact them via email, you can do so at: webmaster@walletplus.pro. Although they seem to be providing enough information, the strange thing is that they claim to be based somewhere else, so an investor will be unsure what to believe. You can visit the site at: https://walletplus.pro/.

Wallet Plus Review

Wallet Plus is an investment site that offer various plans for investors. When you visit the site, you will notice that they focus entirely on depositing money and getting your returns and they make no mention of their strategy. They have 15 minutes, 18, minutes, 20 minutes and 5 hour plans that all provide instant returns after the time period. They claim that all you need to do is invest in the plans and wait for your returns. Judging from the first plan of 15 minutes, they offer a return of 215%, which is totally ridiculous as it cannot be achieved through any legitimate platform in the real world. Is it really possible to double your money every 15 minutes?

Strategy

There is no specific trading strategy of Wallet Plus. They claim to be involved in mining cryptocurrencies, but they do not even mention which cryptocurrency they are mining. They also claim to be trading in Forex, but provide no details about that either. Without a solid trading strategy, it is unclear how they expect to make returns of 215% every 15 minutes as it is not even possible to do so even if you win all your trades.

Analysis

  • Company: Wallet Plus
  • Product: Investment plans
  • Minimum investment: $5
  • Strategy: Unknown
  • Trading results: None
  • Customer feedback: Negative

You may be interested in looking into other similar platforms…Coinsource InvestmentBitcoin Fast ProfitInvExpert, and Crypto Omega.

Trading Results

Just as predicted, Wallet Plus has not provided any trading results that can be used to verify their claims. They claim to be mining cryptocurrencies, but they have not provided any proof of this. Similarly, they cannot prove that they are actually investing in stocks or Forex trading.  From an investor point of view, they have not provided any payment proof to show that members are actually earning through this site. Unless they can prove their claims, it is very risky to invest in this site as there is no guarantee that you will get your money back.

Client Feedback

A few unlucky investors have got scammed by this site. Wallet Plus actually focuses a lot on expansion and works more like a pyramid scheme. They payout returns on initial investments and convince you to invest more. Once you invest a significant amount, they do not pay off. This has been a consistent story with most people who invested in this site. The poor customer feedback shows that investing in this site is actually quite risky.

Conclusion

While Wallet Plus has positioned themselves as a purely investment company, they have not provided any details on their investments. The sites does not offer legitimate registration details and they claim to be registered in Dubai while their address is a UK one. They do not provide any trading strategy or payment proofs either and many customer who have invested in this site claim that it is a scam.

If you have had any experience with this company, we would love to hear from you. So, share with us in the comments section below.

Wallet Plus

$5 (minimum investment)

2.4

Price


4.0/10

Strategy


3.0/10

Trading Results


2.0/10

Client Feedback


1.0/10

Customer Support


2.0/10

Pros

  • They have a seemingly professional website
  • They claim to be managing all the investment options and trading on your behalf

Cons

  • They do not have a well-defined strategy
  • The 215% return that they are promising seems highly exaggerated
  • They do not have verified trading results


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