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Crypto Owl Review: They are Scammers Beware

Crypto Owl Review: They are Scammers Beware

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Crypto Owl is operating as a Crypto mining operation in addition to offering trading and exchange services. In their about us page, they make the following statement to help us see how genuine the website is:

Cryptowl.group international financial company is engaged in cryptocurrency mining as well as its further sale on the world’s largest cryptocurrency exchanges. Cryptowl.group Hong Kong company operation is controlled by Cryptowl world group LTD large international investment holding.

The company operation is modern financial and informational Blockchain technologies principles based. Our experts are actively engaged in new projects developments as well as beneficial profit-making conditions creation while using new generation technologies. Our investment plans provide the highest return rates while being user-friendly for both newcomers and experienced investors as well.”

From this statement, we can see that this company is based in Hong Kong and is claiming to deal in Crypto currencies. They are also claiming that Crypto owl group is registered where they are based at. They have provided at least 3 certifications in order for investors to see that they are credible. One thing you should know is that this is an off shore operation and secondly, registration of a company does not necessarily mean that its operations are legitimate. We have also looked at their returns and realized that they are just too good to be true. If this is not a scam, then it is definitely a pyramid scheme that has nothing to do with Crypto currencies or trading. If you want to invest in trading, it is better to trade with a reliable Crypto currency trading bot instead of putting your money in the hands of scammers.

Crypto Owl Review

It is not clear who is operating this company. The only thing that is clear is that it is based in Hong Kong. They also claim that they intend to extend their operations to countries like the UK and Australia. To get started, one has to create an account before choosing their investment plan and funding that account. You need to realize that when you send funds to these people, it is going straight to their bank accounts and there is no way to retrieve it if it is a big amount.

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worldmarkets

You also have to realize that one of the most critical processes of the function of Crypto owl group website is sharing your link with others. This suggests that this is not a trading operation but a pyramid scheme or a scam at best. Another thing is that funds are not being stored in segregated accounts. That means they are not separating your funds from that of the company’s operation. In other words, the owners of this company have direct access to your fund and can steal your money anytime they want to.

Daily returns are too good to be true

These websites tend to be obsessed with daily operation simply because they are running a type of illegal business where victims need to be convinced in order to make a deposit. The daily returns of this operation is up to 3.5% which is quite unrealistic because this would mean earning over 90% per month. You know that there is no kind of trading or mining that can earn you those returns. Anything that promises such kind of returns is definitely a scam.

Crypto Owl does not provide evidence of their trading activities

”They have these statements on their site which are supposed to suggest that they are engaging in meaningful trading operations.

Timely perspective altcoins mining due to powerful and modern hi-tech equipment as well as mining farms strategic location near of hydropower plants.

We are glad to provide all our customers with professional crypto trading at the most world’s reliable cryptocurrency exchanges at profitable currency rates. Then we distribute the profit between our investors once we have got it.

Besides our company provides an international currency exchange service. Cryptocurrencies exchange and purchase service, which gives a great chance to make secure and confidential purchases as well as convert a currency into another one intermediaries-free way at the most profitable rates, will be available for all our customers.

Our highly-experienced professional programmers have developed our website manually. So, we are aware of the website operation way, therefore we are able to control all the operation processes and potential issues, thereby totally protecting our customers’ data and funds. Our customer support service is available 24/7. We’ll be glad to both answer all your questions as well as resolve all your issues. All your profits will be regularly sent to your balance during the whole investment period. I.e. all the withdrawals will be completed instantly at your request.”

In as much as they are claiming that they are trading, the question you should ask is proof of performance. Have they documented their performance ever since they started? The answer is a big no. You won’t be given any results even if you request them because these people are not trading. Consider this a scam.

On the same note, the operators of Crypto owl are not mining or conducting any exchange operations on their site.

The Crypto exchange

Owlex.pro cryptocurrency exchange service which provides a great chance to convert cryptocurrencies intermediaries-free way, absolutely securely and anonymously at the most cost-effective rates, is available for our customers.

So we are understanding that they have another website called Owlex.pro. Upon observing this website, we realize that it looks shady just like Crypto Owl Group’s website.

Generic testimonials

There are a few of those on this website. It appears the owner of this site has not updated this section since they installed the template. However, one thing should be clear. These guys are not professional and this is quite clear from the look of things. If they are using generic testimonials which came with the template of the site, it clearly means this site has no testimonials of its own.

Our best advice for you

This is not investing. Crypto Owl does not offer anything close to investing because they are clearly thieves. Stick to these solutions.

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