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Crypto Wides Limited Review: Cryptowides.com a Simple Ponzi Scheme

Crypto Wides Limited Review: Cryptowides.com a Simple Ponzi Scheme

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Crypto Wides Limited markets itself as the best investment venture in the market. Once you sign up with them, they guarantee that you will create a robust financial instrument that will generate profit for you.

The company promised investors quick riches during a short duration. The only thing that you need to participate in the Investment company is a drive to get rich. Scammers only make such promises in the market. The company claims that its professional team is always ready to help whenever you have any problem.

It is important to note that they do not have an ideal communication method. Some of the features that the company brags about are basic and expected from any form of investment platform. Crypto Wides Limited claims that their main focus is the security of their customer’s funds.

Therefore, they have a DDOS and SSL certificate to protect the information of their client from hackers. However, the only people that you should be scared of are the ones handling your money in this company. They are the biggest threat that you should be wary of.

Invest with legit crypto trading software. The companies are more transparent and have no intention of scamming investors. The safety of your money will come fast. Additionally, you will get genuine profits from them.

Additionally, the company state they handle the withdrawal request very fast. The company still being new in the market. They might pay a few clients to win the trust of their clients. Sadly, this will not go on for long. Usually, the withdrawal request will surpass the money coming into their company.

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The company does not have a trading history or a reputation that outshines them. The number of clients that they claim to have raises questions. Being in the industry for a concise duration, they cannot have attained such figures. Therefore, the statistics that Crypto Wides Limited brags about are false data.

Cryptowides.com Review

Crypto Wides Limited wants the public to see them as the ideal investment venture. They are offering a 7% referral bonus to those who help them to drive traffic on their platform. This venture is a Ponzi scheme.

Crypto Wides Limited Review, Cryptowides.com Limited

The platform operates as a Pyramid scheme. Their Pioneer investors might benefit at the initial stages. However, when their ideology is no longer enticing, people stop depositing money. The system of this company will collapse, trapping investors’ money.

Crypto Wides Limited guarantee investors that they will get daily profit for the rest of their lives. The minimal amount that you can deposit is $20, and the maximum is $50,000. You have to deposit more money for you to earn ridiculous profits.

They promise profits ranging from 6% up to 10% within 24 hours. No investment platform in the market can generate such high figures. We still don’t understand how investors fall for the narrative of these scammers.

The platform is an HYIP accepting fund by various payment methods like Payeer, Perfect Money, ETH, LTC, and BTC. From these, we can see the firm targets crypto investors in the industry. Nonetheless, the only income coming to their doorstep is the deposit that client makes.

Who is the Founder of Crypto Wides Limited?

Crypto Wides Limited does not disclose any information regarding its owner. The whole operation is being run anonymously. When it comes to investment, the company must showcase its founder unless a firm is hiding from the authority. We also don’t know the expert team that is handling investors’ money.

Contact Details

Crypto Wides Limited is a company that is religiously located at 78 High Rd, London, NW10 2PX, UK. However, we cannot verify these claims. Since this platform is not transparent, we believe that this is just another act to win the trust of investors.

From the look of things, the company is operating in an undisclosed area. Nonetheless, they also claim that they offer 24/7 customer support services. You can reach them by email at; [email protected] This is not a convenient method of communication as the company might ignore your message.

Licensing

The platform features a registration document on its website. Their company number is 12817011. However, this document is quickly and cheaply accessible in the United Kingdom. Hence, you should not use this method to examine the credibility of the venture.

Furthermore, what is of essence is that a company is regulated. Since Crypto Wides Limited is allegedly located in the UK, they should have a Financial Conduct Authority (FCA). It is not the case, and the company is operating against the law.

It is illegal to collect money from members of the public without being authorized by the government. You can be sure that you will not enjoy fund safety in such an entity. Therefore, look for a better alternative in the industry that is legit.

Safety of Funds

Your money is not safe in this platform. The platform has a low trust score; hence you should walk away from them. The company does not care about making anyone rich. They only promise quick riches to investors.

However, there is no existing feedback from their customers. It raises suspicion since what they are offering is supposed to be a goldmine. When there are no people who have tried their services, it shows that this is a scam.

A reputable venture will attract several customers. Crypto Wides Limited is 100% anonymous. They lack credibility as they promise high profits, which are realistic. We would love to see their financial report for us to recommend them to the public.

Nonetheless, since this company is bluffing, they do not have anything to show. Investors need to be very careful because the Ponzi scheme will say anything to win your trust. The safety of your money should be your most significant concern.

Crypto Wides Limited does not have a compensation scheme. Therefore, once they exit the market, you will not be able to get back your money. Additionally, the firm does not safeguard investors’ money in a reputable financial institution.

Clients who chose to test the water will make the deposit directly into the con artist account. Additionally, payment made through digital currency cannot be traced. The red flags that the company has are multiple.

The Domain Insight

Cryptowides.com is a company that was registered in August 2020. The entity is only intending to be in the market for a period of one year. The likelihood of this company renewing its contract is very minimal.

One of the elements that show that an entity is not a severe investment venture is the lifespan of their domain.  The company has average traffic coming on their website. We have a total of 938,283 Alexa global ranking, and most of their traffic is from Bangladesh.

Final Verdict

The company does not elaborate on the financial activities that they partake. We do not know whether they are trading or mining. However, there is no evidence of investment services taking place in Crypto Wides Limited. Always Invest with legit crypto trading software in the market.

If Crypto Wides Limited is a trustworthy venture, they should avail multiple methods that clients can use to contact them quickly and fast. There is no existing feedback from their clients, and you believe that the services they are offering are not the best.

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