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Crypto-Bounty Ltd Review: Beware of Crypto-Bounty.ltd

Crypto-Bounty Ltd Review: Beware of Crypto-Bounty.ltd

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Crypto-Bounty Ltd is a cryptocurrency scam that you should keep off. The platform claims to be a big, crypto mining company. It helps investors to double their investment every 3 days.

The said return is complete red flags; they are characteristics of a Ponzi Scheme. The company has also not disclosed who is the founder of the team behind the alleged operation.

Any person who knows how the financial market works will tell you that those returns are unrealistic and cannot be achieved within such a short duration.

Many investors do not know how crypto mining operates. It is for this reason that you find mining pyramid schemes are targeting a lot of people. ‘

If you are not careful enough, you will lose all your hard-earned money. Many fraudsters flock the cryptocurrency sector. It is easy to fall for their financial narrative if you luck the necessary knowledge.

It is impossible to make the amount of money advertised by Crypto-Bounty. You should be cautious with your money and only invest in trustworthy mining services that have been proven to work.

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Crypto-Bounty.ltd Review

Crypto-Bounty Ltd is a mining company that claims to allow investors to start mining activities in a simple automated model.

The platform has insufficient information regarding their operations. We don’t know how they perform their mining activities. Everything they claim to be doing, they haven’t verified it.

We do not know the scale in which they are running their mining activities or the machinery in use. These are red flags proving the platform is a pyramid scheme and should be avoided at all costs.

Crypto-Bounty Scam Review, Crypto-Bounty website

Crypto-Bounty Ltd has not provided its investors with a report showing the expenses involved or transparent data concerning the potential drawdowns.

There is no experienced cryptocurrency trader that would trust Crypto-Bounty operations. That is why, they are targeting the newbies and intermediate investors. Avoid the platform, no matter how tempting their rewards are.

Cryptocurrency is the future, and making money online is possible. There are legit cryptocurrency platforms that offer clients real-time returns. However, stay away from fraudsters that their sole aim is to steal your funds.

Regulations and Customer Support

Crypto-Bounty claims to accept investors from all over the globe. They do not discriminate, which is a great thing. This means they should be licensed in multiple areas so as to carry out their investment services.

However, this is not the case, as there is no relevant authority that has register Crypto-Bounty Ltd. Any investment company ought to be licensed to be classified as legal.

Crypto-Bounty is carrying high-risk investments involving public money. They do not state where they are located, and nobody has info of who they are.

The platform is a pyramid scheme that will exit the market sooner or later. The mining company has a corporation number on their site, but this doesn’t mean they are a legal entity.

The only way you can reach customer support is via email address. Chances are they will never respond to your emails after they have received your funds.

A legit investment company will list a telephone number to be contacted with. It creates trust, and investors are rest assured their grievances will be handled within no time.

The address of their company is 41 Chester Road, WC2 6H1, WC London. They claim to be registered under the 12457193 corporate number.

Without a telephone number, Crypto-Bounty cannot be tracked down by any authority since they are a ‘ghost company.’ Stay away from this pyramid scheme, for there is no means of recovering your lost funds.

Crypto-Bounty Returns

The platform promises users a 40% ROI within 24 hours. If the allegations were true, then this means you would become a millionaire within a month.

No investment company would offer such returns. If at all any person discovered a venture with high profits like these, they would not share it with members of the public.

They would focus on opening their portfolio instead of advertising. The reality is Crypto-Bounty is a pyramid scheme, and the only thing you will get from them are losses.

 

Crypto-Bounty wants to make money by luring innocent investors into their platform. Steal their funds and then disappear in the thin air.

Cryptocurrency is not a simple venture as Crypto-Bounty has put it. The Crypto margin is difficult to attain for retail investors.

Crypto-Bounty Referral Program

Crypto-Bounty offers a referral program to its investors. Keep in mind that pyramid schemes only benefit themselves and marketers.

The mining investment companies depends on the marketers for their survival. They monetize traffic by giving false information to the public.

Crypto-Bounty referral program starts from 1% up to 25%. The platform claim that any investor can use their level 1 referral program without actively depositing money and get a return.

Crypto-Bounty Scam Review, Crypto-Bounty website

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The marketers are given a certain percentage of revenue depending on the number of people they bring in the platform. If they hit their target, they are also given more money.

The marketers will create false testimonials, blogs, and videos to lure more people in depositing funds with Crypto-Bounty Ltd.

The marketers can do anything to convince you to trust the website. They got nothing to lose, walk away from Crypto-Bounty as they are a fake investment.

The Domain Name

The founder of Crypto-Bounty.ltd remains unknown to the public. The platform is still new in the market. However, we managed to find the domain name of the platform, which is Crypto-Bounty.ltd

It was registered in February 2020, and it’s expected to expire in the same month in 2021. The platform is not listed in Alexas. We also don’t know from which location they are targeting their victims.

Is Crypto-Bounty Legit or Scam?

Crypto-Bounty is the Ponzi scheme platform. There is no cryptocurrency mining taking place in this company. The returns of this investment company are unrealistic and bogus. Their competitors are not offering anything close to their returns.

The owner of the platform is determined to stay anonymous at all costs. The platform utilizes marketers to advertise and promote their fraudulent services to generate traffic on their platform.

The platform is also not licensed, and they are operating illegally. The Pyramid scheme will collapse and disappear with its clients’ money. Avoid them at all costs.

Crypto-Bounty Ltd claims to be located in the UK. But we looked it up, and their offices are not based in London. The company has no history; it is new in the market.

Crypto-Bounty Ltd claims to be using high-level servers to protect clients’ data, but they have not specified which company or software is responsible for their security.

The platform is trying to look legit to the public eye. We did not get a performance report or any data related to their mining activities.

Final Verdict

Crypto-Bounty is a Ponzi Scheme that wants to rip off investors’ funds. They might pay a few investors at their initial stages, but this won’t be for long. They encourage more people to join the platform.

When they can no longer reach more new clients, they will exit the market. The chances of the Ponzi scheme founders being caught are zero. The returns are too good to be true. There are positive reviews on this platform, which are not true. There are several investment companies that would give you good returns.

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