Hedge Cloud Miner (HCM), a platform for crypto trading and mining, is a mobile application that gives its users a facility for automated cryptocurrency mining. Is this application authentic or a scam?
Provided the widespread presence of fraudulent apps with the same features, suspicion naturally circles the Hedge Cloud Miner, because it may be aimed at people who aren’t careful. Here, it is important to check whether is Hedge Cloud Miner legit or not.
In the world of such possibilities, generally concerns about legitimacy arise. Whether you’re interested in Hedge Cloud Miner’s authenticity or checking it as a scam, in this post, you will get insights collected from online sources that will help you make an informed decision.
This Hedge Cloud Miner review will let you know if the HCM is a legitimate platform or one to be avoided. Let’s get started.
Hedge Cloud Miner Application Overview:
- Application Name: Hedge Cloud Miner
- Date of Release: November 28, 2022
- On Google Play Named: LunarBit/BTC Cloud Mining
- Accessible: Global – Google Play Store.
- Red Flags Detected: Max.
What is Hedge Cloud Miner (HCM), and How Does it Work?
HCM claims to facilitate its users with automated cloud mining services, available via the Google Play Store. Once downloaded and installed the application, a user can start the mining process in no time.
There are two mining options offered: (i) free and (ii) paid. To Hedge Cloud Miner withdrawal of free mining (earnings), a user has to upgrade his account necessarily, chances are that the free miners (users) may not get any payouts. Also, the platform provides the Hedge Cloud Miner referral code or program, promising $10 per referral earnings if a referred person joins the platform via the referral code.
Is Hedge Cloud Miner Real or Fake?
In our investigation, we have found several red flags associated with the Hedge Cloud Miner (HCM) app, showcasing doubt on the security of users’ funds. In simple words, there is a possibility that the app unexpectedly might abscond with the user’s funds. Provided with the concerning indicators, the surety of payouts with the app is unreliable.
Here is the general rule of thumb for such cases in the crypto space: only invest the funds you can afford if lost while upgrading your HCM app account.
This precaution is a must because apps such as the HCM have vanished in the past after collecting the investors’ money with them.
Therefore, being cautious and vigilant with Hedge Cloud Miner is essential, because in the event of losses, there might be no legal redress.
Currently, we found no verifiable information to confirm its legitimacy and business certification. Thus thorough research before investing in it is of utmost importance.
Also see: Is Uwerx Crypto a Scam?
Is the HCM Application Secure?
HCM seems to be secure. We have not encountered any immediate threats while using it. However, always remember that the security status of any application could change with future updates. Let us know if you find any security concerns related to the app’s security promises if compromised.
Never compromise on your data security and always prioritize your privacy. To ensure safety, only use reputable origins for sourcing any applications. Before installing any kind of application on your device, make sure you do the necessary research and acquire information from reliable sources.
