Cryptocurrency cloud mining is a breakthrough technology that allows people to mine digital coins without all those mining-related challenges. If you’re searching for a profitable, legit сloud mining provider, our LetMeCloud review may help you to make a choice. In the following review, we find out if LetMeCloud scam or a legit provider, and which kind of services the company currently offers to the numerous customers.
About LetMeCloud: Review Details
Let’s start our LetMeCloud review with some brief facts about the company. LetMeCloud was founded in 2016 in England. They have several data centers in Iceland, Sweden, Canada and Norway equipped with the latest mining machines that work 24 hours without downtime. Every person can start mining Bitcoin on the LetMeCloud platform via the cloud by investing $250. The current average yield is 230% on LetMeCloud. Review the company’s main advantages below.
- 0% setup fees.
- Round-the-clock technical support.
- A mining calculator helps to predict estimated profit.
- The cloud mining process is available from any device.
- Fast 24h withdrawals to credit cards and BTC wallet.
- Reinvestment tools for increased income.
As distinct from LetMeCloud, scam ‘providers’ do not possess any real functionality and profitable services. In fact, they usually do not even own any physical mining facilities. So you better not waste your time and funds on questionable cloud mining projects.
Is LetMeCloud Scam or a Trusted Company?
Many crypto investors that search for a trusted cloud mining provider may doubt if LetMeCloud scam or a reliable company worthy of trust. So let us shed some light on this sensitive topic. There are a lot of fraudulent projects in the field of cryptocurrency cloud mining nowadays. So it’s critical to find a really credible hash provider to make a profit. Here are some reasons you can confide in LetMeCloud (scam websites usually don’t have all those benefits).
- They care about the security of cloud mining services. All information is strongly guarded by the latest SSL encryption algorithms.
- The company always makes its customers aware of all mining-related financial risks. And it is an important thing.
- To keep cloud mining safe for every user, LetMeCloud implied the Anti-Money Laundering (AML) Policy and the Know Your Customer (KYC) Policy.
- LetMeCloud is a licensed company that operates under the law of the United Kingdom. They provide real working risk management tools to protect customers’ investments.
- You can find 24-hour customer service on the platform. Experienced agents are always ready to help you and fix any technical and financial issues you can face during mining cryptocurrency in the cloud.
As you can see, LetMeCloud is definitely a trusted website and a safe place to mine Bitcoins in the cloud. All processes as well as personal and financial information are strongly guarded at every step. So the answer to the question is LetMeCloud scam or legit would be fairly obvious, in fact.
How to Start
Coming up next on our LetMeCloud review is a registration and launching process. It’s amazingly simple to start mining Bitcoins on LetMeCloud and you’re gonna see it now.
- To sign up, click the ‘Register’ Button (you can easily find it in the upper right corner on the home page). Then, choose the ‘Register’ tab.
- Enter your first name, last name, email address, and telephone number in the space provided.
- Create a strong password for your account and then repeat it. Never share your password with anyone.
- Agree to the ‘Terms and Conditions’. Click the blue ‘Register’ button.
Don’t forget to confirm your email address to start using LetMeCloud. Scam websites usually require users to confirm their telephone numbers (it is actually easy to guess why they need your number). And on legit cloud mining platforms such as LetMeCloud, you’re not required to confirm your telephone number by SMS to start mining cryptocurrency.
Purchasing on LetMeCloud: Review Payment Tools
You have to deposit $250 or more to buy a contract on LetMeCloud. Scam projects may promise you a valid contract for a few dollars with super high profitability (or even for free) but you surely understand this isn’t real, right? So trusted cloud mining providers establish realistic minimum deposit amounts that normally are a few hundred dollars or something like that nature.
When you are ready to make a deposit on LetMeCloud, review available payment methods.
- Credit cards. The company allows making instant payments via all types of bank cards, including MasterCard, Visa, American Express, Visa Electron, and Maestro. This is such a helpful option for those beginners who don’t have a Bitcoin address yet.
- Exchange service. To make a payment via Exchange, copy your one-time BTC address and input it on one of LetMeCloud’ partner websites. Fill out a payment form and complete the transaction by transferring a particular amount in BTC. Note you should complete the operation within one hour after creating a payment request on LetMeCloud’s partner website. It is done when the payment status has changed to ‘Transaction received’. You are not required to have a Bitcoin address to pay via Exchange service, feel free to use your credit card.
- Bitcoin wallet. If you already have your cryptocurrency wallet, use it to make deposits on LetMeCloud. Review the entire process on the relevant page on their website. In short, you have to copy your one-time Bitcoin address and scan the QR code in the ‘Payment’ section. Then, fill out the form and complete the transfer in BTC. Check the status of the transaction in the ‘Payment Info’ section.
How to Withdraw Funds
Instant 24-hour withdrawals are one of the key benefits of LetMeCloud (scam websites usually can’t boast of stable payouts). To receive funds, create a request on the ‘Withdrawal’ section in your account on the LetMeCloud website. At the moment, they offer three several payout methods.
- Credit card. Input your bank card number, name, and the amount you wish to withdraw. Note the payment will be made in the currency of your credit card at the current Bitcoin exchange rate. Also, you should have a bank card that supports direct payments to use this withdrawal method.
- IBAN Transfer. Enter your name, country, IBAN, and amount you want to withdraw. The payment will be made in the currency of your bank account at the current Bitcoin exchange rate.
- Bitcoin Wallet. Use your BTC address to withdraw rewards from cloud mining on LetMeCloud. Review details on the related section on your account.
Overview: is LetMeCloud Scam or Best Place to Invest in BTC?
So is LetMeCloud scam or a trusted cloud mining company that will help you to create a stable passive income stream with a small investment? Since 2016, the British company provides high-end cloud mining services at affordable prices per GH/s. As you can see from our LetMeCloud review, the company has a lot of benefits for both advanced crypto investors and those who are just starting. Instant payouts, a great variety of contracts, and reasonable profitability are the key advantages of LetMeCloud. The company also does its best to promote crypto and financial culture for individuals.
To know more about LetMeCloud, review constantly updated information on their official website.