All over the world people are looking on means on how to make money with Crypto. Today we take a look at Cryptrader. What is CrypTrader? read the review below to find out. Ok, with that being said, let´s go!
Owner: Director Vitaly Ipatov
Price: Minimum investment of $50.
Clients: Cryptocurrencies Traders
Overall rating: (2.2 / 5)
Enter Cryptocurrency trading and the scope of making money online expands. A lot of people know of Cryptocurrency because of the emergence and success of Bitcoin. It was only a matter of time that someone would try to sell you an investment plan in cryptocurrency and that is what CrypTrade offers.
What Is CrypTrader?
CrypTrade is a company that has been online since June of 2013. It started making impacts in social media and now its time to know whether is a legit platform. If you know nothing about cryptocurrencies, CrypTrader won’t tell you either, it describes its business as a trading platform for cryptocurrencies but will never give you any background to cryptocurrencies. The website is so ambiguous about what they actually do and so vague on who is behind the company. What they do is go straight to selling you their concept. Of which this concept is more of a Ponzi scheme since they don’t come clean on the products. If you’ve ever been involved in Affiliate marketing or MLM you will know that there is always a product that is being sold.
There are no products being sold by CrypTrader. they are selling investment portfolios. The concept is very straightforward and simple, you give them the money and they will make profits and give the money back. This is pretty much as stockbrokers but stockbrokers usually have a defined product line and specific portfolios that will inform you about what they do.
CrypTrade assures investors huge profits for minimum investments of $50. The compensation for your investment is then based on getting more affiliates to invest and get returns on their investments. The more you invest and your affiliates invest the more you make more money
$50 – $4999 will get you through the doors of a Standard package member. You are guaranteed a daily return of 0.59% on your investment that is a total 215.35% per year. Unbelievable, right? But it becomes harder to believe as you climb up the membership ranks:
- A Mega affiliate package member who invests $5000 – $9999 will get a daily ROI of 0.79% which is 288.35% annually.
- The VIP package that costs $10000 to $20000 yields an ROI of 0.99%, which is a whopping 361.35% annually.
The company offers residual commissions, the kind that guarantees that you’ll make money in your sleep. They use a uni-level structure that goes seven levels up. The initial member makes a percentage on all seven levels that are connected to him or her. The affiliate members rise up the ranks when they achieve the following:
- Investor (Invest at least $50) – makes 7% commission for the members he or she personally enroll.
- Agent (if the personal volume of enrolled members is $10000) – 7% of your level 1 members and 5% on level 2 members.
- Senior Agent (if the cumulative investment value of personally enrolled members is $5000), you make 7% on level 1 members, 1.5% on your level 2 members and level 3% personally enrolled members.
CrypTrader website Platform
What is CrypTrader? The CrypTrader platform is described as an innovative cryptocurrency trading platform that was developed and maintained by highly skilled crypto technicians and engineers. It only mentions that they use innovative tools well known for trade and generating profits for investors 24 hours each day. There is no mention of how investments are done or what these innovative tools can really do. The sparsity of information might be a way of guarding a method that is so revolutionary, they can’t risk anyone knowing about it, lest it is stolen and duplicated. But a Trade website that is sure of what it has and who want to be considered as more than just a scam would at least say a little bit more about who owns it, where it is based and have a little bit more to show on its website instead of an introductory video that could have been produced to deceive us.
Is This CrypTrader A Legit Way Of Making Money?
The reviews people are showing is a clear indication that they are confused and do not know whether to trust or not. This is so evident in their live chat. If the returns on investments were as big as they were, how is CrypTrade Capital making the money to payout or is it a case of robbing Peter to pay Paul? Since there are no products they are selling to gain profits to pay paul and peter for a go. If only they outline well their product line and some address on where they are located, they would at least gain a bit of trust from us.
: no thanks spammer
: what button i press to get rich?
: youre a good man cossie
: yo so i‘m broke as fuck, is it worth it to try and invest in any of this shit
: aka can you get returns on small investments
The Crypto Trader has all the makings of a scam that can be dangerous for your hard earned money. That is why I recommend you to consider a better and trustworthy alternative that has already been proven to work. Funding an account at the CryptoTrader platform with a minimum $50 bears an unreasonable risk for you. You can avoid it only if you proceed with caution. But why take risks when there are hundreds of other proven Platforms. But I would recommend you proceed to safety.
The Crypto Trader trade Platform is so new and is promoted through their very interest concept of cryptography. Unfortunately, there is not enough information provided by the creators or available online that can attest to the integrity of the system. That’s why I consider the Platform not worth investing in. So what is CrypTrader? CrypTrader is Swindler.
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I wish you the best!
Crypto trader and blogger on: