According to the website of CryptoPoint System, this platform works in the same way a Cryptocurrency exchange software would work. However, when we zoom into the alleged features to learn more, we discover that some of its features resemble those of a Cryptocurrency broker or platform for that matter. The platform was allegedly created by ”top market experts” who are also anonymous. The aim was to provide a financially favorable trading environment to both beginners, intermediate and experienced traders alike.
In fact, CryptoPoint System markets itself as ”fun, fresh and exciting”. However, we were not able to confirm these things in the authentic user testimonials which are spread throughout the internet.
According to these users, they lost a lot of money as a result of trusting this trading tool to open and close trades on their behalf.
The software allegedly offers the ability to purchase and invest the main Cryptocurrencies according to their current market value. These would include Bitcoin, Ethereum, Litecoin and many more. The Swap Option is also provided. This means that users can switch trading assets at will.
So, can this trading algorithm be trusted? Here is what we think:
After going through the entire website and the features which they are promised, we are convinced beyond doubt that CryptoPoint System is a scam. Such a Cryptocurrency investment robot will lose money because it does not have any real ability to generate profits from the funds it is trading with.
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Therefore, as a trader who desperately wants to make money, the best thing to do would be to choose a reliable trading software designed towards trading of Cryptocurrencies. We have them here.
Some people are asking whether this trading tool is a robot or a platform.
If you are one of them, you should know that scams don’t disclose much about their operations. In fact, this is the same thing that happens with CryptoPoint System. Not so much is known about their operations or origin.
This digital investment product does not seem to know what exactly it’s supposed to be doing. However, the website does mention a win ratio and an automated feature which enables the system to trade funds automatically. These features might suggest that this is an ordinary Cryptocurrency robot.
But on the other hand, these guys are also offering an education center. This is a typical feature of a broker as opposed to a trading software whose job is to trade. However, the website does not offer us any distinctive account types. These feature usually make up a reliable investment platform. Because of the reasons cited above, we will go ahead and categorize it under Cryptocurrency trading robots.
You must remember that CryptoPoint System is not able to explain what it is. This should be considered a red flag since scams don’t bother explaining what they are. We should never take this red flag fore granted.
It appears that CryptoPoint System is being marketed towards beginners and experienced investors. The system is only working with 3 Cryptocurrencies. There is no option for trading other altcoins in this system. The lack of variety in trading assets make it a bad choice for people who want to diversify their portfolio.
The other thing is that this trading solution is being advertised as fun and exciting. However, there is nothing particularly exciting about how it works or what it offers.
The reason it isn’t fun or exciting is because we do not know how the algorithm works. It would be a big lie to say that these guys gave an explanation on how the algorithm is supposed to work.
Essentially, you should never trade with any product whose algorithm has not been disclosed. It either means that the developer knows nothing about trading or is hiding critical details from you. This is never a good sign though.
Another problem is that the creators of CryptoPoint System have not been introduced anywhere on the website. We have no idea who these people are. It looks as if they are hiding from their audience and at the same time trying to convince them to use this product. Any sane investor would see that this is a scam operation because of lack of transparency and credibility. This should be obvious just by looking at the website.
We ultimately found one damning evidence suggesting that this is a scam. The creators of CryptoPoint System do not know exactly who their audience are. They do not know whom to sell it to or even the main purpose for selling this digital investment platform. They appear confused and not knowledgeable in matters related to trading Cryptocurrencies.
We can only confirm that they have an education center, nothing else. But there is also an issue with this feature as well. This trading education center offers sub-par education materials. You will be surprised that the material is still talking about what Bitcoin is when they should be talking of real practical ways to trade the altcoin.
In short, this education center is not providing value to anyone. Going through it is a total waste of time because you will never learn any new thing or lucrative ways of making money with this Cryptocurrency.
Furthermore, they have provided us with ”tools” in their research section. These are not impressive at all. We do not want generic content because it ads no value to the user who wants to get started right away.
CryptoPoint System is unregulated, which is why it is partnering with other unregulated digital investment platforms. For that reason, it will be risky to sign up. This can only lead to future losses if you ignore this advice.
CryptoPoint System is nothing. It’s just an attempt to scam you. Don’t give them any money because the risk of losing it is 100%.
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