You Can Now Withdraw Your Investment with Doubly — For a Fee.
Doubly (reviewed here) has made two recent Facebook posts concerning “insurance.” It is now possible to cancel your investment with Doubly at any time and get your investment refunded. Apparently, what happens is that an insurance company does the refunding and they take over your investment. You have to pay them a fee to do this (the amount of the fee isn’t given yet). This is good news from at least two points of view. First, you can withdraw your investment at any time that you like (for a fee). Second, and maybe most important, this insurance company appears to have enough confidence in Doubly to take over your investment package. This can only add to the confidence that investors will have in the long-term survivability of Doubly.
Apparently, Doubly has also insured its trades. In the event of a loss, the insurance company picks up the tab. The catch is that Doubly has to give them a number of “shares” when successful trades are made.
All this, of course, keeps Doubly’s resources on a steadier level. This is good, but nothing is for free. In the first case, you, the investor, pay a fee to get a refund. In the second, Doubly pays a fee whenever they make a winning trade. This is the way insurance works…
Here’s the first post from Doubly:
One giant Step to the Future!
Today we have very special news to share! We have worked hard to offer you an even safer and more convincing service! For now, it is official! We have started a cooperation with the insurance group **Financial Global Insurance Solution Ltd.** and all formalities have now been completed!
Financial GI Solution Ltd., or FGI for short, is an insurance company specializing in financial services companies. It protects the investment funds of the clients of a company as well as the company’s own activities. Thus, it prevents a company from suffering from a lack of liquidity and completely excludes bankruptcy!
FGI’s quality management team has had to do a lot of research at Doubly to see if insurance is even possible. Since this is the case, our company was therefore classified in their insurance level. For example, one of her responsibilities was to examine Doubly’s finances, such as success rate, income, expenses, and total liquidity.
Doubly and the FGI have come up with a very special insurance to make our service even safer and more familiar to our investors.
Your money invested, always available!
With the help of the FGI, you can now pay off your invested money whenever you want and cancel your investment. FGI is taking over this investment and takes the profit so that our system will not be affected by a loss of money and will continue to achieve the best results. You are the master of your money so you should always have the right to decide on your funds and always have it in your control! The FGI covers up to $39M per month of all released packages! You will be able to release the package directly on our website, there are just some integrations needed in our system which will be completed in the next days!
FGI covers Doubly’s trades up to $15M!
Furthermore, we have opted for further security measures for Doubly, because even if our success rate of trades is very high, we must also cover for worse case scenarios. Because the market sometimes brings big surprises and we as a smart company who have the goal to be at the very top in this market, prepare ourselves for such situations. Now, the FGI and Doubly have agreed on a coverage of $ 15M per trade decision made by Doubly. Through this cooperation, we completely exclude a loss and keep the liquidity of the company constant in all times. In return, the FGI has claimed shares for each successful trade made by the AI Trading Bot from Doubly. These shares won’t affect the actual return rate for our investment packages.
Thus, we make ourselves one of the safest companies and make a big step into the future. We have already achieved a lot of goals and we owe that to you! Nevertheless, our journey is far from over. It is just starting!
Through our service, you can double your funds and through you, our motivation, our goals, our curiosity, our teamwork is doubled! Because only with you we are a team!
Of course, we have signed a contract for cooperation with FGI. This is completely accessible and visible for you! The IT Department needs to integrate a few things in the system, like the function to release the package directly on our page and then everything is completed. We will inform you when it’s done!
Richard Greene | CEO of Doubly Ltd
Here’s the second post from Doubly:
Insurance Implementations fully completed!
Yesterday we told you about our new cooperation with the insurance company FGI Solution, which makes our company and the funds of our investors much safer.
As we promised you, our IT team has been working hard on implementing the new features on our website has now completed everything!
Now you can release your money and stop your investment whenever you want. The FGI then takes over the investment for a fee and refunds your investment.
Thus, we give you the full control of your funds and you can always decide for yourself what to do with it!
Richard Greene | CEO of Doubly Ltd
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