Quwiex Review: Scam or Legit?

Quwiex limited: Scam or legit? cover photo

8 minutes

Quwiex Is Not Available Anymore!

Quwiex is not online anymore since 18.04.2022. The company seems to have disappeared without noticing investors. No new information has been disclosed so far. For the most recent information, please visit: Quwiex Offline: What Now?

I’ll leave this post online for the time being, as a reference.

Today we’ll have a look at Quwiex Limited and decide, based on the information we have on this relatively new company, if Quwiex is likely a scam or actually a legit investment opportunity.

Review of Quwiex Limited

Name: Quwiex Limited
Website: https://quwiex.com
Minimum Investment: $20
CEO: George Bennett
Registered company?: Yes, registered in New Zealand, proof here and here. Also registered in the United States, now as QUWIEX GLOBAL INC. More info here. However, they’re lacking a financial license that’s needed to conduct business in the financial sector!!
Financial Statement 2021: View Financial Statement 2021 here (Seems Fake!)
Overall Rank: 0 out of 100 – SCAM!

UPDATE 03/31/2022: Quwiex is officially incorporated as QUWIEX GLOBAL INC. in the United States of America. Read all about it here.

Quwiex Overview

QUWIEX is an international trading company that uses innovative strategies on cryptocurrency exchanges to provide stable returns to its clients.

QUWIEX is located in 41 SHORTLAND STREET, AUCKLAND CENTRAL, AUCKLAND, 1010, New Zealand, it is registered with the competent authorities, the founder is George Bennett.

  • How it works: The platform uses your deposit to grow it with trading
  • Yield : Gains of 1 to 5% per day.
  • Duration of investments:  from 15 to 180 days
  • Fees: no license fees, no deposit fees, no withdrawal fees
  • Currencies accepted: USDT – BTC – ETH – LTC – TRON – TRC20
  • Investment: $20 minimum
  • Withdrawal: Daily withdrawals free of charge
  • Market: Cryptocurrency Trading
  • Started in: September 2021

How Does Quwiex Work?

Here’s a quick video I found online that shows how Quwiex works:

https://www.youtube.com/watch?v=9v2KNYWcPJk

You can check out Quwiex directly here.

It’s actually quite simple: You register for an account (you’ll need at least 1 wallet deposit code where they can send you your money), send your crypto coins there, select your preferred deposit and enter the amount you want to invest, click enter and DONE.

The deposit will pay you the respective earnings daily 24 hours after you started your deposit for the deposit’s complete runtime.

How Does Quwiex Present Itself?

Quwiex has an official YouTube channel in which they publish their official videos. In their videos they emphasize on showing George Bennett, the founder of the company. I think It’s a good thing that he’s showing himself as the head of the company because that puts him in the spotlight and – it it were a scam or some kind of fraud – also on the target of people trying to come after him and Quwiex.

They also provide high-quality footage of their employees which are branded inside the videos with Quwiex face masks and Quwiex apparel. I think they do that on purpose to show that they don’t need to use stock videos because they’re a real company.

They keep making the statement that they’re a legal company approved and bound by the laws of New Zealand. I think it’s great that they keep reminding everyone of that fact. My guess is that they want to separate themselves from the tons of scams and frauds out there to make sure not to be mixed up with the ponzi schemes in the crazy world we live in right now.

quwiex domain information

The Quwiex Website Is Pretty High-End!

One thing that’s one of the most common indicators of a crypto investment company being a scam is that their websites and backoffices have really bad design, don’t work properly and have a domain that’s registered for only 1 year.

Quwiex is the complete opposite. Their website has a great user experience, the user interface is designed beautifully, has a fast loading time and it’s responsive design is done correctly.

Also, their domain is registered until 2029 which is a very good sign that they are actually planning a long term future for the company, not a quick exit scam.

Does Quwiex Have Social Media Channels?

Quwiex actually runs several social media channels which for me is a trustworthy sign. They publish regular content on Facebook, Instagram, Telegram, YouTube, WeChat and Talk.

On their social media channels you can see that they actually post regular news and information around the world of cryptocurrencies – which is their home turf.

How Does Quwiex Make Money?

quwiex trading percentages

According to their website, they make money with trading cryptocurrencies, specifically pairs trading, volatility trading, basket trading and arbitration.

So basically they get money from investors. The more investment partners they have, the more money they can use to trade, the more money they make. Obviously, they make a lot more money than they pay back as daily earnings to the investors.

I think that’s a pretty good deal for people who don’t know how to trade, themselves. I don’t, and I don’t want to spend my time trading crypto currencies on the computer all day. I’d much rather give my investment to someone else who uses it to make a profit for both of us.

What Types of Deposits Does Quwiex Offer?

You can open deposits in US Dollar, Bitcoin and Ethereum. The US Dollar deposits range from a minimal investment of $20 to a maximum investment of 1 million US Dollar at a time per deposit.

Depending on the amount of money you invest, your deposit will use that money for a specified amount of time. For example, an investment of $300 runs in the deposit called “Kron Light” and will run for 15 days, and will pay you you 1.00% – 1.40% of interest daily. After the 15 days, you’ll get your initial investment back.

deposits on quwiex

A great feature of Quwiex is that they’ll show you what kind of profits you can expect when filling in the Deposit amount.

What About the Safety of the Investment?

In a Zoom call, the founder George Bennett stated that they have over 50 employees who are solely dedicated to risk management inside of the company. Based on the 1442 employees that they claim to employ, according to Quwiex’s website, I think that might very well be possible.

Quwiex number of employees and KPI

Withdrawing Money from Quwiex

To do a withdrawal is pretty easy. Just please make sure that you’ll use the correct network so that your coins won’t get lost as with any crypto wallet.

Go to the website, click “Withdrawal” and choose the cryptocurrency you want to get paid in. You can get paid in Bitcoin, Ethereum, Litecoin, USDT and Tron. Enter the amount you want to withdraw (starts from $10) and click the button. Done.

How Can I Invest In Quwiex?

You can start investing with Quwiex starting from $20. Just create an account, fund it, choose your preferred deposit and start earning. When investing any amount between $20-$499, you’ll get your initial investment plus your profits back in 15 business days.

Currently, I have 2 deposits running, so I get paid twice every day. Here are my earnings since I started:

quwiex daily earnings

Final Verdict: Is Quwiex a Scam or Not?

Based on the information I have gathered on Quwiex so far, it’s clear to me that it’s a legit company that makes money, that works and that deserves a chance.

They present themselves very professionally, they seem to know what they’re talking about. The system works, I’ve gotten my money every day. They even have live chat support on their website that’s engaging and answers quickly. Their financial reportings seem legit. They are a legal company operating under the law of New Zealand, which is very strict. The companie’s founder states over and over that he and his team are not starting their company from nothing and that they’ve been trading together for years before deciding to expand as one company.

(The site turned out to be a scam!)

Learn how to recognize whether an opportunity is a scam in this guide.

Obviously, with young companies like this you’ll never know for sure. I’ve tried it out, I like the service and I will keep investing with Quwiex.

If you want to try it out, you can sign up for a free account here.

Have any questions? Be sure to leave them in the comments below!

UPDATE 03/31/2022

Quwiex now has an official business license and is incorporated as QUWIEX GLOBAL INC. in the United States of America! Read all about it here.

UPDATE 04/18/2022

The Quwiex Website is offline and I haven’t heard back from the support so far. Read more about the current situation here: Quwiex Offline: What Now?

Read more about Quwiex here:

Official Quwiex Website

If you want to know more about Quwiex, visit their official website. You can sign up and invest crypto in deposits that provide daily profits of 1%-3% and release the principal investment after as few as 15 days.

At the time of publication of this article – the service still works. Profits are stable, withdrawals work without problems.

Do you think Quwiex is a legit company? Let’s discuss in the comments below!

If you’re still looking for ways to make money online since Quwiex scammed, you might want to have a look at a company that has been going strong for more than 10 years and is known for it’s stability and growth. If that’s the case then you should check out my review of Jeunesse Global and how you can make money with Jeunesse.

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2 responses to “Quwiex Review: Scam or Legit?”

  1. Frank Avatar
    Frank

    Why is Quwiex Limited inaccessibile and there is no information sent to its investors. We are left in the dark. I want to know what is happening. Is it a scam as people are saying right now?

    1. Sandro Avatar

      Hey Frank, thanks for your comment! I’ve been trying to stay up to date on news around Quwiex as well, but to be honest, there’s no information out there. Quwiex just went away. No information, nothing. The Support Chat in Telegram wasn’t online anymore after the website went offline. So yes, I’d say we’ve been scammed. Currently, I’m looking for people who successfully filed a complaint and get information on what we can do.

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