Crypto Profit happens to be one of the companies that promise highly exaggerated profit returns on minimal investments. Trading cryptocurrencies has become an attractive investment option for many people. Many people think of it as a quick way to become a millionaire. However, this makes it easy for them to fall into scams that promise such profits but always fail to deliver. Crypto Profit is one such scam. They claim to help customers trade in bitcoin and real money, and that you can become a millionaire in a few months. Certainly, there is no such simple way to get rich quick. The other thing is that they claim to transfer your investment into millions of dollars while having no charges. This makes the concept of business obsolete and cannot be maintained for very long.
Crypto Profit is amongst the latest of such online scams. They are only present online and can be found through a single website. However, there are no other indicators that this company is legitimate or even registered. They also do not provide any specific contact information which can be used to verify whether the company is real or not. Apart from an online presence, there is no ways to prove the existence of this company. The website is https://crypto-profit.io/ and they do not even have an e-mail address for customers to voice their complaints. This lack of concrete information makes it evident that this is a scam as no legitimate company would not provide contact information to its customers.
Crypto Profit Review
Crypto Profit is based on the assumption that you could earn millions by trading bitcoins and other cryptocurrencies. This might be possible if you invest an equally large amount. However, Crypto Profit claims that they can turn a few hundred dollars into a million dollars overnight. This is very unrealistic, even with cryptocurrencies. In addition to this, they claim that you do not have to do anything apart from a simple investment in their site. This means that they are essentially making money for you without taking any profit. This is an absurd idea and a clear indication that it is a scam. They claim that an automated system does all your trading automatically, so you do not have to spend any time learning about the crypto markets. This is also unreal as no robot can cope with constantly changing markets and still achieve accuracy levels of over 88%.
The strategy of Crypto Profit is equally suspicious. Although there is nothing wrong with trading in Bitcoin and other cryptocurrencies, there is no such ‘automated trading system that can guarantee thousands of dollars profit on every trade. Their actual strategy is to link the unsuspecting customers with third party brokers who have a reputation for scamming people’s money. This means that the company can blame the brokers for any money that you lose and they will not have to take any responsibility for the scam. They base this on the same strategy as many other bitcoin traders that are proven scams. In addition to this, they provide fake testimonials and simply paste the quotes of successful business people in order to support their seemingly risky investments.
- Company: Crypto Profit
- Product: Crypto Profit Bitcoin trader
- Strategy: Trading in bitcoins
- Trading results: Unverified
- Customer feedback: Negative
- Registration costs: Free
- Initial deposit: $250
The trading results are the main reason why this program is a scam. Crypto Profit claims that they can generate millions of dollars of profit from a few hundred dollars. Also, you will begin to see profits instantly and you don’t have to wait as compared to other investment options. However, none of these claims could be verified and they have no proof that they can generate such results through legitimate bitcoin trading. You should always verify the trading results of any company, especially those that claim they can do better than the majority of investment options. The trading results cannot even be verified from customer reviews as all customers claim that the company is a fraud.
The other main reason why we would call Crypto Profit a scam is due to its unpopularity. While some review sites have given it a positive rating, they have not based this on any genuine customer reviews. Rather, all their claims are based on testimonials that the company has produced by themselves. There is no way that these testimonials can be verified. Therefore, you should think twice after reading ‘customer reviews’ on the company’s affiliated sites. Not only are these reviews fake, but they also mislead the public into believing that the business is popular.
Crypto Profit is a complete scam that is designed to party you with brokers who will disappear after taking all your hard-earned money. Not only do they claim to generate unlikely profits, they also are not registered and do not provide any legitimate contact information. Therefore, you should stay away from such scams and invest through regulated brokers only.
Have you had any experience with Crypto Profit? Or, is there something else you’d want to share about the company? Leave a comment below!