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Cryptomia247 is a platform that deals with a variety of assets; digital currency, CFDs, Forex, indices, and Binary. The investment company seems flawless, and you can easily mistake them for a legit site.
Unfortunately, this platform is another crypto scam in the market that you should keep off. Cryptomia247 lure innocent investors in the site by false claims of making them productive within a short period.
The company states that an expert team of professional traders establishes it. Cryptomia247.com is one of the largest crypto/binary platforms in today’s market.
Sadly, this information is misleading as Cryptomia247 is nowhere among the best company in the global ranking. They are targeting newbies who have little to no knowledge of how the market works.
The company allegedly states on their site that they have been in the market since 2008. The platform also has a section that features the total deposits, withdrawals, accounts that are running, and the number of users that they currently have.
However, Cryptomia247 has no financial reports on their site. The company only brags of its top-notch team but fails to produce data to show its qualification.
The investment company wants investors to invest with them blindly. Legit crypto platforms always strive to create credibility with their investors.
The pyramid scheme assures investors that they will grow their funds daily if they become users of the company.
The crypto niche is very volatile, and making such huge returns is hard. The company does not state how they plan to mitigate the risks of the number of clients that will be used to cover the total incurred expenses in running their business.
They only make absurd claims that you will get quick money effortlessly. You should be very wary of platforms that make such promises.
Cryptomia247 site states that they are a licensed Forex broker in the market. Their focus is to ensure they provide their clients with a better trading solution.
Unfortunately, this platform’s only desire is to steal money from traders. They have not provided any banking detail or the business model that they use to generate their vast returns.
The company accepts funds via; Perfect Money, Bitcoin, Advcash, Litecoin, Dash, Bitcoin Cash, Ethereum, Payeer, and Dogecoin.
The platform claims that they handle the withdrawal requests instantly, despite there not being evidence of investors who have earned from this platform.
People have made a considerable fortune by investing in cryptocurrency, and other online assets, but this does not mean they became rich overnight. You need to have adequate skills before you venture into this niche.
Avoid believing the misleading narrative which this Ponzi scheme makes for enticing you into joining their sites. In this review, we will expose this platform for their scammers’ activities.
Cryptomia247.com has six investment plans for their clients. All the plans allegedly will yield you returns till eternity. They state that the withdrawal process is handled instantly.
They have basic, Classic, VIP, Rube, Platinum, and Presidential Plan. Their basic plan offers a return of 100%. They accept funds from $300-$2,000. The classical plan accepts money ranging from $1001 up to $5,000; it promises users a return of 120%.
The VIP package promise users 170% profit. The amount of money that they accept ranges from $5,0001 up to $10,000. The Rube Plan receives a deposit from%10,001-$25,000. The return that they assure their investors is $200%.
The Platinum plan grants users a 250% return, and the amount of funds that you can deposit is from $25,001-$50,000. The final pact is the Presidential. It offers a return of 300%; they accept money from $50,001-$5,000,000.
If you observe the profits that they promise their members, you will realize they are too high. Moreover, the deposit that they are accepting is also too vast.
If a deal is too good to be true, it should raise questions. Ask yourself, why is this platform offering vast returns, than their competitors?
Once you deposit a considerable sum of funds, the platform will ghost on you. You won’t get the promised returns, and you will lose your money.
The shady platform claims that it is a registered registers company, although they have not put up any regulation document on their site.
The pyramid scheme is known for providing false allegations to win investors’ trust. The majority of newbies do not understand the difference between regulation and registration; hence the pyramid schemes take advantage of them.
Platforms need to acquire a license from the authority to collect funds from members of the public. Cryptomia247 does not disclose its location to its members. Moreover, the founder of this suspicious company is operating behind the shadows.
Cryptomia247 is a notorious pyramid scheme that is operating illegally. The site can break the law as they please, without having any personal information regarding these scammers they cannot be tracked down.
The only way that you can reach the support of this company is via email. They do not have a telephone number despite claiming to respond to their customers 24/7. The email address of this pyramid scheme is [email protected].
Usually, a legit company will have excellent customer support since they have the best interest for their customers. On the other hand, pyramid schemes like Cryptomia247 will avoid displaying any contact to avoid being traced.
Affiliate marketing is an excellent way of driving traffic on a platform. However, pyramid schemes use unethical means to ensure they get revenue to stay relevant.
Cryptomia247.com has a two-level referral program. They offer a 6% bonus at level one for every member that you invite. After they make their first deposit, you will automatically receive your commission.
The second level offers a 2% commission for any new client who is invited by your referral. Nonetheless, you should keep in mind that companies like this only benefit their promoters.
They will use the funds of new members to pay their pioneer investors. It is the reason behind the false reviews online regarding the operation of Cryptomia247.com.
We gathered useful critical information regarding this platform in Whois.com and Alexa.com. The official domain name is Cryptomia247.com. The company was registered on 23/05/2019 and will expire on 23/05/2021.
It is currently unknown the area they are targeting their audience from. The founders of this company remain unknown, and there is no information regarding who they are.
Cryptomia247.com is a Ponzi scheme that you should not deposit your funds with. The platform is operating anonymously, and this is a major red flag.
There are better investment options in the market that you can use to generate income; unfortunately, Cryptomia247 is not among these companies. Venturing with this company will lead to regrets and loss of funds.
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