{"id":3847,"date":"2018-12-03T15:45:38","date_gmt":"2018-12-03T15:45:38","guid":{"rendered":"https:\/\/www.wasteyourtime.co\/?page_id=3847"},"modified":"2020-07-10T06:59:22","modified_gmt":"2020-07-10T05:59:22","slug":"banking-on-blockchain","status":"publish","type":"page","link":"https:\/\/traders-paradise.com\/magazine\/wall-of-shame\/banking-on-blockchain\/","title":{"rendered":"Banking on Blockchain"},"content":{"rendered":"<h3><strong>Banking on Blockchain &#8211; Why is this scam<\/strong><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4761 alignleft\" src=\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2018\/12\/banking-on-blockchain-2.jpg\" alt=\"Banking on Blockchain\" width=\"300\" height=\"114\" \/><br \/>\nBanking on Blockchain is designed to take up the money of the investors but as we could see, there is no gain in using this system. It is well known that brokers earn their money from the crypto trading of people using the system. Okay, let&#8217;s call them brokers because this system does not connect an individual to the legit individuals you are exchanging the cryptocurrency.\u00a0 Hence, that makes it a scam.\u00a0 Moreover, the only thing we could notice for sure about Banking on Blockchain, it is a clever marketing strategy.<\/p>\n<p>The only goal of this hype behind Banking on Blockchain is acquiring an increased number of people using the system in the cryptocurrency market and later gets wealthy at the expense of investors.<\/p>\n<p>Newcomers in the crypto trading are involved in the website which leads to loss of money. Novice has to pay $250 after registering to get the connection to a broker system and start earning profits.<\/p>\n<p>However, the software is a scam whose aim is at acquiring money from the investors in the wrong way.<\/p>\n<p>Considering the complexity of the cryptocurrency trading most investors want to use the software to manage their investments.<\/p>\n<p>Banking on Blockchain offer exercises false marketing through the lies. their only wish is to make money from their clients. This system&#8217;s main focus is to get wealth from people&#8217;s investment.<\/p>\n<p>Hence, it is the scam.<br \/>\n<a href=\"http:\/\/bankingonblockchain.com\/\">http:\/\/bankingonblockchain.com\/<\/a><\/p>\n<h4><strong>The signs of confirmation<\/strong><\/h4>\n<p>The system developers and brokers have partnered to provide that they obtain wealth from unaware investors.<\/p>\n<h3>How does it work?<\/h3>\n<p>The creators send a new member to a broker who in turn pays commissions to the creator for the client. The binary broker option to optimize profits is a plan to increase money from the investor.<\/p>\n<p>For the $250 deposit, they will not provide the terms to get the profits as promised on the website.<\/p>\n<p>The software will start trading your funds, and all you get is losses from the operations. If you try the system, your deposit is lost as there are no withdrawing options. In this case, once you deposit $250 you cannot get the money back.<\/p>\n<h3><strong>Let&#8217;s see the other signs. <\/strong><\/h3>\n<p>It sounds amazing being able to use the Banking On Blockchain software to make a fortune from cryptocurrency.\u00a0 But is it really that easy? 500 developers worked on the software including 3000 strategists.<\/p>\n<p>To be honest those figures seem a little unrealistic but ultimately there\u2019s no way to verify whether this is legitimate or not.<\/p>\n<p>Investors have identified the software to control the cryptocurrency investment.<\/p>\n<p>Banking on Blockchain is a scam all way as it is aimed at acquiring wealth at investors\u2019 expense. In our opinion, you should avoid the system as it will make you lose your money. The unsuspecting newcomers are required to know that they are the main targets on Banking on Blockchain software.<\/p>\n<p>Therefore, we recommend you not to use Banking on the Blockchain system as developers and brokers partner to get your money.<\/p>\n<h3><strong>Recommendation\u00a0<\/strong><\/h3>\n<p>It is highly advised not to use the Banking on Blockchain software as you will lose your investment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banking on Blockchain &#8211; Why is this scam Banking on Blockchain is designed to take up the money of the investors but as we could see, there is no gain in using this system. It is well known that brokers earn their money from the crypto trading of people using the system. Okay, let&#8217;s call [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":2933,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"content-type":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"class_list":["post-3847","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Banking on Blockchain - Wall of Shame - Traders-Pardise<\/title>\n<meta name=\"description\" content=\"Banking on Blockchain is designed to take up the money of the investors but as we could see, there is no gain in using this system.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/traders-paradise.com\/magazine\/wall-of-shame\/banking-on-blockchain\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banking on Blockchain - Wall of Shame - Traders-Pardise\" \/>\n<meta property=\"og:description\" content=\"Banking on Blockchain is designed to take up the money of the investors but as we could see, there is no gain in using this system.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/traders-paradise.com\/magazine\/wall-of-shame\/banking-on-blockchain\/\" \/>\n<meta property=\"og:site_name\" content=\"Traders-Paradise\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradersParadisecom\" \/>\n<meta property=\"article:modified_time\" content=\"2020-07-10T05:59:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2018\/12\/banking-on-blockchain-2.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@Traders_Paradis\" \/>\n<meta name=\"twitter:label1\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/traders-paradise.com\/magazine\/wall-of-shame\/banking-on-blockchain\/\",\"url\":\"https:\/\/traders-paradise.com\/magazine\/wall-of-shame\/banking-on-blockchain\/\",\"name\":\"Banking on Blockchain - Wall of Shame - Traders-Pardise\",\"isPartOf\":{\"@id\":\"https:\/\/traders-paradise.com\/magazine\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/traders-paradise.com\/magazine\/wall-of-shame\/banking-on-blockchain\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/traders-paradise.com\/magazine\/wall-of-shame\/banking-on-blockchain\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2018\/12\/banking-on-blockchain-2.jpg\",\"datePublished\":\"2018-12-03T15:45:38+00:00\",\"dateModified\":\"2020-07-10T05:59:22+00:00\",\"description\":\"Banking on Blockchain is designed to take up the money of the investors but as we could see, there is no gain in using this system.\",\"breadcrumb\":{\"@id\":\"https:\/\/traders-paradise.com\/magazine\/wall-of-shame\/banking-on-blockchain\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/traders-paradise.com\/magazine\/wall-of-shame\/banking-on-blockchain\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/traders-paradise.com\/magazine\/wall-of-shame\/banking-on-blockchain\/#primaryimage\",\"url\":\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2018\/12\/banking-on-blockchain-2.jpg\",\"contentUrl\":\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2018\/12\/banking-on-blockchain-2.jpg\",\"width\":300,\"height\":114,\"caption\":\"Banking on Blockchain\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/traders-paradise.com\/magazine\/wall-of-shame\/banking-on-blockchain\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/traders-paradise.com\/magazine\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Wall of Shame\",\"item\":\"https:\/\/traders-paradise.com\/magazine\/wall-of-shame\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Banking on Blockchain\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/traders-paradise.com\/magazine\/#website\",\"url\":\"https:\/\/traders-paradise.com\/magazine\/\",\"name\":\"Traders-Paradise\",\"description\":\"Talking Algo Trader\",\"publisher\":{\"@id\":\"https:\/\/traders-paradise.com\/magazine\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/traders-paradise.com\/magazine\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/traders-paradise.com\/magazine\/#organization\",\"name\":\"Traders-Paradise\",\"url\":\"https:\/\/traders-paradise.com\/magazine\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/traders-paradise.com\/magazine\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/07\/cropped-TP-Full-Landscape-transparent.png\",\"contentUrl\":\"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/07\/cropped-TP-Full-Landscape-transparent.png\",\"width\":3816,\"height\":1402,\"caption\":\"Traders-Paradise\"},\"image\":{\"@id\":\"https:\/\/traders-paradise.com\/magazine\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/TradersParadisecom\",\"https:\/\/x.com\/Traders_Paradis\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Banking on Blockchain - Wall of Shame - Traders-Pardise","description":"Banking on Blockchain is designed to take up the money of the investors but as we could see, there is no gain in using this system.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/traders-paradise.com\/magazine\/wall-of-shame\/banking-on-blockchain\/","og_locale":"en_GB","og_type":"article","og_title":"Banking on Blockchain - Wall of Shame - Traders-Pardise","og_description":"Banking on Blockchain is designed to take up the money of the investors but as we could see, there is no gain in using this system.","og_url":"https:\/\/traders-paradise.com\/magazine\/wall-of-shame\/banking-on-blockchain\/","og_site_name":"Traders-Paradise","article_publisher":"https:\/\/www.facebook.com\/TradersParadisecom","article_modified_time":"2020-07-10T05:59:22+00:00","og_image":[{"url":"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2018\/12\/banking-on-blockchain-2.jpg","type":"","width":"","height":""}],"twitter_card":"summary_large_image","twitter_site":"@Traders_Paradis","twitter_misc":{"Estimated reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/traders-paradise.com\/magazine\/wall-of-shame\/banking-on-blockchain\/","url":"https:\/\/traders-paradise.com\/magazine\/wall-of-shame\/banking-on-blockchain\/","name":"Banking on Blockchain - Wall of Shame - Traders-Pardise","isPartOf":{"@id":"https:\/\/traders-paradise.com\/magazine\/#website"},"primaryImageOfPage":{"@id":"https:\/\/traders-paradise.com\/magazine\/wall-of-shame\/banking-on-blockchain\/#primaryimage"},"image":{"@id":"https:\/\/traders-paradise.com\/magazine\/wall-of-shame\/banking-on-blockchain\/#primaryimage"},"thumbnailUrl":"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2018\/12\/banking-on-blockchain-2.jpg","datePublished":"2018-12-03T15:45:38+00:00","dateModified":"2020-07-10T05:59:22+00:00","description":"Banking on Blockchain is designed to take up the money of the investors but as we could see, there is no gain in using this system.","breadcrumb":{"@id":"https:\/\/traders-paradise.com\/magazine\/wall-of-shame\/banking-on-blockchain\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/traders-paradise.com\/magazine\/wall-of-shame\/banking-on-blockchain\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/traders-paradise.com\/magazine\/wall-of-shame\/banking-on-blockchain\/#primaryimage","url":"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2018\/12\/banking-on-blockchain-2.jpg","contentUrl":"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2018\/12\/banking-on-blockchain-2.jpg","width":300,"height":114,"caption":"Banking on Blockchain"},{"@type":"BreadcrumbList","@id":"https:\/\/traders-paradise.com\/magazine\/wall-of-shame\/banking-on-blockchain\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/traders-paradise.com\/magazine\/"},{"@type":"ListItem","position":2,"name":"Wall of Shame","item":"https:\/\/traders-paradise.com\/magazine\/wall-of-shame\/"},{"@type":"ListItem","position":3,"name":"Banking on Blockchain"}]},{"@type":"WebSite","@id":"https:\/\/traders-paradise.com\/magazine\/#website","url":"https:\/\/traders-paradise.com\/magazine\/","name":"Traders-Paradise","description":"Talking Algo Trader","publisher":{"@id":"https:\/\/traders-paradise.com\/magazine\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/traders-paradise.com\/magazine\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/traders-paradise.com\/magazine\/#organization","name":"Traders-Paradise","url":"https:\/\/traders-paradise.com\/magazine\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/traders-paradise.com\/magazine\/#\/schema\/logo\/image\/","url":"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/07\/cropped-TP-Full-Landscape-transparent.png","contentUrl":"https:\/\/traders-paradise.com\/magazine\/wp-content\/uploads\/2019\/07\/cropped-TP-Full-Landscape-transparent.png","width":3816,"height":1402,"caption":"Traders-Paradise"},"image":{"@id":"https:\/\/traders-paradise.com\/magazine\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/TradersParadisecom","https:\/\/x.com\/Traders_Paradis"]}]}},"_links":{"self":[{"href":"https:\/\/traders-paradise.com\/magazine\/wp-json\/wp\/v2\/pages\/3847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/traders-paradise.com\/magazine\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/traders-paradise.com\/magazine\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/traders-paradise.com\/magazine\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/traders-paradise.com\/magazine\/wp-json\/wp\/v2\/comments?post=3847"}],"version-history":[{"count":2,"href":"https:\/\/traders-paradise.com\/magazine\/wp-json\/wp\/v2\/pages\/3847\/revisions"}],"predecessor-version":[{"id":23422,"href":"https:\/\/traders-paradise.com\/magazine\/wp-json\/wp\/v2\/pages\/3847\/revisions\/23422"}],"up":[{"embeddable":true,"href":"https:\/\/traders-paradise.com\/magazine\/wp-json\/wp\/v2\/pages\/2933"}],"wp:attachment":[{"href":"https:\/\/traders-paradise.com\/magazine\/wp-json\/wp\/v2\/media?parent=3847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}