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Watch out for Jalin Finance, and It’s not your usual cup of tea when it comes to investment. These are professionals who know how best to swindle clients. Their main target is naive investors, and we are here to expose them. Jalin-fs.com is a notable platform due to several complaints lodged against them. We have to find out some of the red flags surrounding this platform. It would be best if you went through this detailed and eye-opening JALIN FINANCE REVIEW.

About Jalin Finance

On paper, everything looks perfect; wait until you sign up and start the process. That’s when you will notice some sketchy features. Some of them include having to ask for bank documents which is uncommon.

Jalin Finance Review

Our investigation will reveal some of the hot spots that make Jalin Finance a financial scare. You might not like what we find out. The truth, however, must be revealed to anyone seeking it. We have hard facts pointing to Jalin FX’s misconduct.

Here, we thrive on informing users of the best and safest ways to invest. These include using proven alternatives that make the investment worthwhile. Some of the proven options include Coin Staking, DeFi, and Masternoding.

JalinFinance has to be one of the laziest platforms we have seen in a while. The platform fails in its objective to offer its full features. Even after glaring all day at their website, you feel that something’s missing.

What’s missing is the fact that the platform does not disclose its true identity. There are more questions than answers. And this is the reason why we signed up, hoping to see how the platform works from the inside.

Account opening procedure JalinFinance

When opening an account, you will find the process straightforward and takes less than five minutes. Once you open an account, there’s a call to action meant to drive high hopes of winning.

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You might even receive a call thanking you for choosing Jalin-fs.com. The person claims to be an account manager, and they will oversee your account. You only have to deposit a substantial amount and start ripping the profits.

It’s not that easy; once we deposited funds, that was the last time we heard from the account manager. And things started going downwards from that point on. Even after making several profitable trades, we couldn’t withdraw funds.

Alerts and warnings when sending documents

When you click on the withdrawal tab, the platform will ask for verification documents. And this was one of the first red flags we noticed. The platform ought to ask for these documents during the signup process.

There’s a reason they wait for you to click the withdrawal tab and ask for these documents. At this time, they know for sure you want out. Once you send your documents, there’s no telling what they will do with them.

Some of the documents they ask for include a copy of your ID, Bank statements, and credit card information. It’s not for verification, and the platform could be selling your personal information to third parties.

Business holder

Jalin Finance Service Limited is the parent company that we are told owns this platform. The people who operate and run both entities remain unknown. And this exposes the anonymous feature that comes with the platform.

You should avoid investing with anonymous platforms. There’s nothing good that comes with anonymity. We don’t know why the people running the platform are hiding their identities. The parent company has no known registration or address.

Compliance, License, and Registration Jalin Finance

Jalin Finance License and Registration Documents

Jalin Finance is not a licensed entity and doesn’t have any legal cover. No regulator claims to license or give the go-ahead for its operations. Instead, we have a platform that shows up with a clone license.

Yes, the platform uses a Word-edited document to prove their license. None of the details match credentials on the Company House UK. That said, the platform fails in its duty to offer any license from the FCA.

With the Financial Conduct Authority being the governing body, there’s no confirmation from them. In fact, the FCA plans to issue a warning in their upcoming press release. That’s enough proof that the official regulator is against the platform.

Considering they have been using false documents, it’s wise to follow up on the registration status. You should ensure the registration documents match that on the regulator’s official registry page.

We have seen cases where companies use registration documents of legally licensed entities. In most cases, they claim they belong to the parent company. It’s wise to check with the regulator first for confirmation. 

Contact and support Jalin Finance

Once you click on their customer service tab, you are redirected to an account opening page. There’s no point of contact as the platform fails to leave a forwarding email. That’s the main reason why we are against the platform.

From the website, we can see no live chat or phone number listed as points of access. You can’t even reach out to the account manager who made the call once you signed up. It seems the platform blocks all access once you make a deposit.

No one should have to go through the process of finding your investment partner is out of reach. We recommend you stay away from a platform and find out their availability. Each investment platform should have available agents to help members at all times.

What this shows is the lack of commitment to help members. The platform is avoiding contact by controlling communication. It’s easy for them to contact you but not you. We have doubts about the professionalism of the platform.

Domain background (jalin-fs.com review)

According to website records, jalin-fs.com has been active for 173 days. The website was created on January 5th, 2021. Records also indicate the website uses the same server that hosts other Forex investment scam websites.

JalinFinance Features

Most of the websites under this server don’t have search engine ranking. Most search engines have labeled this platform as a high-risk platform. Even their trust score is low, considering the ranking comes from search engines.

It goes to show the security concerns search engines have over this platform. And it’s rightly so as the platform doesn’t have any security software to protect users from third-party attacks. Your information could be stolen from an attack on the website.

Payment options Jalin Finance

When it comes to depositing, the platform uses Bank transfer as their preferred mode. There’s a list of banks they claim to work with. That’s not the problem you will face. As a member, withdrawing funds is the biggest obstacle.

No one has managed to withdraw funds from the platform. And this makes it a worthless investment platform. What’s the use of investing if you won’t get to enjoy your profit or returns? That’s another solid reason to stay away from JalinFinance.

Safety of funds with Jalin Finance

There’s no safety of funds from a platform that fails to offer any help. With no license, oversight is out of the question. JalinFinance doesn’t even offer a safety net for deposits made. There’s no insurance cover to protect investors in the event of bankruptcy or insolvency.

jalin-fs.com Review

We have seen the platform cloning license documents; that’s the reason why we add them to our blacklist.

Make the best investment decision by using proven alternatives such as Coin staking.

Our review is meant to open your eyes; feel free to drop your thoughts in the comment section.

Naabiae Nenu-B is a Medical Health Student and an SEO Specialist dedicated to flushing the web off fake news and scam scandals. He aims at being "Africa's Best Leak and Review Blogger" and that's the unwavering stand of Xycinews Media.

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Review

Is Elon Musk’s Remark to #Hashledger Is Implying to #Hedera? Is This a Big Catalyst for HBAR Price?

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Hedera momentum is building, and with Elon Musk’s mention of #hashledger at the B-word event, it appears like the Hbarians’ celebration is just getting started. Elon Musk was referring to Hedera, as confirmed by a tweet from a founding member of the HBAR community.

HBAR is a cutting-edge technology that is being used by businesses all around the world. Hedera has grown to become one of the largest crypto networks in the world. As additional transactions are added to the network, the speed of transaction verifications rises, but it remains entirely undetected. It’s big and has a lot of uses, and it’s one of the big players. 

Also Read : Elon Musk Reaffirms Support For Bitcoin in the B-word Event, Markets Sentiments Turned Bullish!

HBAR Price Analysis

Although the HBAR price is currently bearish, the cryptocurrency price began surging at the start of 2021, and the positive trend lasted until mid-March when it reached an all-time high of $0.45. The currency failed to break through the all-time high price in April before entering a bearish trend that has lasted till today even though the asset was seen trading in the green zone in the past week.

Hbar closed the day at $0.17. Hbar is currently trading at $0.16, after a bearish start to the day. In the previous 24 hours, the price of HBAR has risen 2.51%. Currently, Hbar must avoid the key initial support level of $0.15, which is followed by $0.14 and $0.13. The biggest resistance level on the upside is $0.20, followed by $0.25. As long as it retains a critical support level, HBAR will resume its bullish trend. 

Since its ATH, the lowest price was $ 0.139984. (cycle low). Since the last cycle low, the highest HBAR price was $ 0.212739. (cycle high).

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Review

Polkadot Will Compete with Ethereum to Reach a Price of $100, Expects Industry Veteran

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Crypto-fintech expert and industry veteran Keith Bliss, the president of fintech solutions provider company Capital2Market, believes that Polkadot, the ninth-largest cryptocurrency in the market, may witness significant growth in the next three years

Keith Bliss: A Veteran in the Industry

Keith has remained associated with the fintech industry since the late nineties. At the beginning of his career, he sold time-order-management systems. The large buy-side asset managers were Bliss’s clients. Gradually he moved on to the dealings of electronic trading systems. These systems created a link between the institutional buy-side players and the sell-side players, facilitating seamless equity transactions for Wall Street. 

Bliss has been a witness to the fintech industry’s gradual growth. His experience in the industry makes him optimistic about the evolution of cryptocurrencies and the process of asset tokenization. But his reasons to believe in Polkadot’s potential growth story go far beyond the general hopefulness around the crypto industry.

The Factors Driving Polkadot’s Growth

Keith believes that Polkadot will grow in the imminent future as a competitor to Ethereum. To back his claim, Bliss cites the growing inclination among developers to turn to Polkadot as a foundation for building their platform. But why is it so? 

As we know, Ethereum, unlike Bitcoin, is seen more as an enabler of application development than as a store of value. Its smart contracts and other technological benefits have immensely helped DeFi to grow in applicability and usage. Yet, when developers develop something on Ethereum, the additions get coded right onto its blockchain. With a growing number of applications, these coded additions stunt the transaction speed of Ethereum and take a toll on its scalability. 

Polkadot solves this problem through its bridges. Polkadot can connect with other blockchains through bridges. Such a bridging system allows developers to work with their applications without building right into Polkadot’s main blockchain. Resultantly, Polkadot retains its scalability. However, Bliss does not believe that these advantages would make Polkadot replace Ethereum, as Ethereum already has a much higher adoption rate and is working on future upgrades. But, Polkadot will emerge as one of the strongest competitors of Ethereum. 

Estimating the Future Price of Polkadot

On one hand, Polkadot is a new entrant in reputed exchanges like Coinbase. It also does not have products like Ethereum ETFs or ethereum futures. But, at the same time, it has parachains, independent blockchains that connect to and run off its network. These parachains can attract developers in bulk to turn towards Polkadot as their preferred DeFi application protocol. As the developer pool grows, the Polkadot ecosystem can continue to prove that it’s here for the long term.

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Review

Altcoins To Surge Nearly 80% To 150% In Upcoming Bull Run!

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The crypto space is experiencing a huge roller coaster ride nowadays and the previous day surge was the phenomenal one. Amid the B-Word Event, the Bitcoin price gained a notable push and the other altcoins also ranged above the levels. Currently, the Ethereum price is all set to propel high with notable gains. However, the second half of 2021 is expected to be more fruitful.

It is a known fact that the crypto market flows with the BTC price and hence a substantial jump could ignite the altcoin market. Currently, the price is attempting hard to break the immediate lower high above $33,000. And later the rally above $35,000 seems to be imminent which could ignite the price to head towards $40,000. The price needs to sustain above these levels and this is when the altcoins could rise more than 80%.

The bitcoin price received some bullish moves from the event. The price was pushed to $32,600 and before it could register new highs, a strong rejection wick hindered the uptrend. Currently, the price is trying to hold above $32,000 and in order to continue with a bullish momentum, the price is required to smash $33,000. 

btcchart

Despite a substantial push, the price still failed to smash the upper trend line and initiated a consolidation. The rectangle box signifies crucial ranges to hold on to in order to propel further. The altcoins like Ethereum(ETH), Cardano(ADA), Stellar(XLM), Polygon (MATIC), XRP, AAVE, etc and many more could record a series of double-digit gains in the coming days. 

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  • bitcoinBitcoin (BTC) $ 32,261.00
  • ethereumEthereum (ETH) $ 2,022.69
  • tetherTether (USDT) $ 1.00
  • binance-coinBinance Coin (BNB) $ 284.55
  • cardanoCardano (ADA) $ 1.16
  • xrpXRP (XRP) $ 0.584245
  • usd-coinUSD Coin (USDC) $ 1.00
  • dogecoinDogecoin (DOGE) $ 0.187832
  • polkadotPolkadot (DOT) $ 12.59
  • binance-usdBinance USD (BUSD) $ 1.00
  • uniswapUniswap (UNI) $ 17.29
  • bitcoin-cashBitcoin Cash (BCH) $ 436.42
  • litecoinLitecoin (LTC) $ 118.50
  • solanaSolana (SOL) $ 26.66
  • chainlinkChainlink (LINK) $ 15.40
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 32,272.00
  • stellarStellar (XLM) $ 0.254366
  • ethereum-classicEthereum Classic (ETC) $ 43.95
  • matic-networkPolygon (MATIC) $ 0.873471
  • daiDai (DAI) $ 1.00
  • compound-usd-coincUSDC (CUSDC) $ 0.022165
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  • internet-computerInternet Computer (ICP) $ 32.47
  • vechainVeChain (VET) $ 0.065255
  • filecoinFilecoin (FIL) $ 45.38
  • cdaicDAI (CDAI) $ 0.021622
  • tronTRON (TRX) $ 0.054443
  • moneroMonero (XMR) $ 196.55
  • aaveAave (AAVE) $ 273.65
  • okbOKB (OKB) $ 12.66
  • eosEOS (EOS) $ 3.49
  • shiba-inuShiba Inu (SHIB) $ 0.000006
  • ftx-tokenFTX Token (FTT) $ 28.35
  • cosmosCosmos (ATOM) $ 10.92
  • terra-lunaTerra (LUNA) $ 7.09
  • compound-ethercETH (CETH) $ 40.50
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  • tezosTezos (XTZ) $ 2.56
  • compound-governance-tokenCompound (COMP) $ 392.46
  • terrausdTerraUSD (UST) $ 1.00
  • neoNEO (NEO) $ 28.32
  • avalanche-2Avalanche (AVAX) $ 10.63
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