Estimated reading time: 6 minutes
When criminals lack creativity, they just copy paste everything from their cousins’ website hoping to make quick bucks in Bitcoins. This Crypto 301 is a giant shame because they copied a not so-inspiring scam website called Crypto 360 Pro. This blatant attempt to push a fraudulent investment program to the masses is illegal and dangerous.
Fortunately, it’s very easy to spot these scams. You cannot fail to pick the tell tale signs since they are crystal clear even to the newbie of newbies. But just in case you don’t know what to look for when it comes to establishing whether Crypto 301 is a scam, we implore you to read this review.
It’s quite clear that Crypto 301 will not live up to its promises. The kind of returns that investors are promised here don’t make any sense. Besides this, the owners have deliberately chose to hide their faces from their audience. The only way to connect with these anonymous crooks would be through sending your Bitcoins to an anonymous address and hoping that the investment magic will start to work.
Don’t be surprised that Crypto 301 program is one of those generic internet scams that are loathed to the core. Let’s examine the reasons why Crypto 301 has attracted such negative energy to its shady brand.
Note: Mine Bitcoin with these trusted platforms.
The most interesting thing to talk about here is the promised returns. Although they are not as ridiculous as those of its cousin, Crypto 360 pro, they are far from being realistic.
NB: Interested In Trading Bitcoin And Other Cryptocurrencies for Profit? Now, You Can Trade Better, Faster and Smarter for More Profits With Ready to Use "High Performance" and Approved Verified Robot. With This Software, You Are Not Only Able to Auto-trade Bitcoin and Other Cryptocurrencies Profitably, You Can Also Invest in them or Other Newer Cryptocurrencies. You're Given a Dedicated Account Manager After You Fund Your Account Who Will Help You With the Best Settings and Strategies To Get the Most Out of Your Investment. Click the Banner Below To Register Now:
Note: If your language is not English, you should use the language dropdown menu at the top right hand side of their page to select your language.
In the case of Crypto 301, the daily returns for the basic plan is 10% per day for 10 straight days. The second plan is promising 124% in 24 hours — certainly abnormal. The third plan promises 200% in 2 days while the fourth plan is promising 400% in 4 days. The last 2 plans are suggesting that you will earn 100% returns from your investments on a daily basis.
What these guys are doing is to lure you into their scam so that you can send them the required amount of Bitcoin. These returns cannot be achieved, and even scammers know this very well.
The only reason why they are still insisting is that some investors are ignorant of matters related to Cryptocurrency mining. They want to scavenge on this ignorance through manipulation and shady marketing tactics. These mainly include promises of overnight riches for doing nothing.
It is unfortunate that the minimum amount of Bitcoins that these scammers are asking for is 0.01BTC. The maximum is 500BTC. This is madness of the highest order. If you have 500 Bitcoins in your wallet, chances are that you will look for a sound investment program to put your money in. You will not start considering online pyramid schemes as an investment venture. You are not that dumb to have accummulated 500 Bitcoins.
For those who have 0.01 BTC, this is not the best way to ”invest” your money. You can put that money to better use by mining more Bitcoins here. It makes sense to do so rather than throwing your money at these crooks hoping that they will be merciful.
We must say that this website is filled up with monotonous content that was blatantly copied from Crypto 360 Pro. This is not exactly confidence inspiring because it suggests that these scammers were too lazy to spend time building the face of their business.
Their about us page is filled up with garbage content as well. It talks of financial freedom and how you can secure it using Cryptocurrency mining as a tool of investing.
The web page goes ahead to discuss BS that was directly copied from Crypto 360 Pro website. In this section of the site, they talk about how this scam website can give you passive income for your financial freedom.
The point is, there is nothing in this page that can lead you to discovering who owns this company. Nothing was published here to help prove that this website truly mines Cryptos.
A physical address is hard to come by. But there is a contact number on the header of the website. That number does not appear to be functional as it is always switched off.
The other means of contacting these scammers is through email and live chat. We’ve tried engaging them in a conversation but realized that the agent who was chatting on the other side of the internet was not willing to be transparent. At some point, they abandoned the conversation because we were interrogating them concerning the owner of the platform, their location, and whether or not they have proof that they are paying out. It is not possible to get an answer from a scam like Crypto 301.
Crypto 301 is destined to collapse in the near future. Their referral program is designed to ”compensate” members based on 3 levels. The first level rewards 5%, while the second and third levels are supposed to reward members with 3% and 2% respectively.
Add these figures to the plans mentioned above and you will quickly see that the operator behind this shady website is promising overnight wealth. Remember that when it’s too good to be true, it definitely means that it’s a scam.
The most important thing to remember here is that Crypto 301 has a referral system in place since they want this project to go viral in order to steal from a huge number of victims.
This is often an indication that we are dealing with a ponzi scheme. The owner of the site did not make any effort to present a professional website. And that’s because they are typically scammers whose job is to launch as many shady sites as possible. If they can pull a few Bitcoins at a time from one or two of their sites, that can be a profitable business for them.
Just in case you did not get the chance to read every word in this Crypto 301 review, here’s a quick checklist of things that we have discussed so far:
The problem is that some people are too trusting such that they will never hesitate to jump into such a project without thinking twice.
If you’re that kind of a person, you now know the truth. There is no need to sugar coat this scam by calling it a legitimate mining project. Crypto 301 is designed to lose money, period.
Help Us Fight Scams. Please Donate to Support Our Work. No Amount is too Little or too Big. Thank You..
August 23, 2017 By Warren
Some social media users have been blasting and trolling Meir Barak of Tradenet because he said in one of his...
June 7, 2017 By Warren
Is Forex School Online going to really teach you the right skills needed to make money from the markets? We...
June 6, 2017 By Warren
The word ''Forex'' is an intriguing phrase for most people. That alone makes the Forex market a healthy breeding ground...
June 6, 2017 By Warren
Traders Elite (traderselite.com) is a scam that claims to have the secret of identifying the exact millisecond to enter and...
June 4, 2017 By Warren
The Forex market is a lucrative place to be. However, it is also a conducive environment where scams like Super...
Valforex.com cannot be held liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Both Forex and Binary options involve high-risk and are not suitable for all investors. Either Forex or Binary options may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity… Read More
Forget Poloniex, Bitfinex, Binance, Coinbase etc
NB: You won’t see this offer again.