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Criptotrade.es Review: Criptotrade is a Scam

Criptotrade.es Review: Criptotrade is a Scam

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Criptotrade is a company that claims to be involved in Forex and stock trading. The platform is also dealing with Bitcoin investment. It allegedly has the capability of reviving crypto traders by managing users’ accounts.

We do not believe that the company has a pure intention for the traders. The platform is bragging of having more than 15 years of experience in the industry. Criptotrade is assuring clients that they will have decent income due to their knowledge and experience.

Keep in mind that the platform is too shy to present their team to the public. The kind of anonymity with this venture is not something that we appreciate. The company is transforming its Forex and stock success in the crypto niche.

Criptotrade.es Review, Criptotrade Platform

Novice traders might be confused when they visit this website as it looks flawless and legit. However, the company is just another pyramid scheme that you should keep off. The company seems desperate and will do anything to win the trust of the investors.

First of all, the company has not been in the market for more than 15 years. Hence, how do they expect that we will believe their claims without the ability to verify the information? The profit that the platform promise investors is also ridiculous and unattainable.

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It is an indicator that Criptotrade is nothing but a fraud venture that wants to steal from naïve traders. You can invest with legit crypto trading software that is transparent and the only avail correct data.

Criptotrade Review

There is no available evidence that shows that Criptotrade is a company that is involved in crypto trading. We believe the firm is only bluffing, and it does not have background knowledge in the digital currency niche.

The company has no source of income; you will only be subjected to fish victims for the Ponzi scheme by referring as many people as you can for you to earn returns. The only people that benefit from such a venture is the pioneer investors.

The system will, however, not be able to sustain the process. When no newer investors are coming on the website, it will be time to exit the market. It would help if you did not trust such a shady venture to manage your investment.

It is only claiming to drive profits in your monthly gain. The platform is not transparent, and soon they will be out of the business, leaving you broke and stressed. The crypto space is not always profitable; the venture is risky, and you should be cautious of platforms that are only offering high profits.

The VIP clients seem to be the ones getting the best out of the company. The company should work on equality, as all clients are important. To become a VIP member, you will need to deposit a huge amount, which is not worth it.

How Does Criptotrade Works?

The company mode of operation is not clear. Apart from their unproven claim of having 15 years of experience in the industry, they have nothing to show. The trading condition that the platform experience or the activities are all mysterious.

Criptotrade promises that it will double its clients’ earnings. The promises that this Ponzi make is only meant for enticing users. To become a member of this platform, you will have to purchase an investment plan.

It has a basic account that costs 0.10 BTC, the Elite plan will require clients to deposit 0.25 BTC, and the final investment package that is Platinum requires traders to cash in 0.5 BTC. The company also permits users to have multiple accounts.

The majority of legit ventures do not permit this, and you can only have one account. The platform is also requiring their clients to verify their account using a passport or ID. Additionally, you need also to verify your address.

The platform is a Ponzi scheme, and that being said, trusting them with your personal information will come back to harm you big time. Criptotrade can sell tour information to a third party or use it to steal from you.

The fact that the company is only accepting payment via Bitcoin is another drawdown. There is a higher possibility that you will be depositing into a scammer wallet. You won’t be able to recover your money back.

Ownership of Criptotrade

The company does not disclose who its founder is, and it is worrisome. We are not aware of the people behind the whole operation. With their claims of making investors rich, they should avail all the necessary data to gain the trust of clients.

The only info that we have is Criptotrade is being run by an expert team. However, we did not see any data that can prove the claim are correct. The platform should avail managerial repost and give their employees the credit that they deserve by showcasing their skills and qualification.

Withdrawal and Deposit

All the packages that you purchase will expire after you have attained a profit of 300%. After attaining this figure, you can renew your plan. The company also have absurd requirements when you wish to cash out.

Investors can only withdraw when they have acquired a total of 300%. It means that you cannot withdraw as you please. Investors should have the right to do whatever they please with their money.

Criptotrade does not have a specific timeline that you can use to recover your money. The company provides a monthly pack update on every 20th of every month. The trading settlement returns will be used in investors’ back office balance.

You need to have a wallet for you to earn from this system. You will also have a commission that you can use to earn extra money. The platform also features a road map that you see how they have been fairing in the market.

Contact Detail and Regulation

The company claims that investors have the benefit of contacting their support team 24/7. However, this being a Ponzi scheme will avoid all your emails. Their email address is; [email protected]

The platform should avail numerous options like a telephone number that the client can use. Once you deposit a high amount of funds, it is highly likely they will stop contacting you.

Criptotrade does not disclose its actual location to investors. Investors’ have the right to know where an investment company is operating from. The firm is accepting investors from across the universe.

It is important you note that various governments in the world have come up with very strict measures that investment companies need to follow. Any financial body does not regulate Criptotrade. If caught, they will be prosecuted for operating illegally. The company is not a trustworthy crypto venture and should not win your trust.

Final Verdict

Criptotrade has not done much in proving its legitimacy. The platform does not have a license to run their business. Additionally, the promises that the company is promising is unattainable and ridiculous.

The firm does not have a trading history, and it would be unwise to trust them with such an amount of Bitcoin. Invest with legit digital currency ventures that are transparent and will not spam you. They are only accepting crypto, and that is because it wants to remain anonymous, and the authority will not be able to trace them.

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