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Kryptexpool Review: A Coy Crypto Investment Scam

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Kryptexpool Review: A Coy Crypto Investment Scam

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A multi-asset investment scam platform, Kryptexpool claims to have it all. What investors don’t know is that this platform is nothing but a shoddy website. There’s no investing going on, only fraudsters lurking to defraud investors. And we have to put a stop as they are tarnishing the good crypto and forex name. As complaints continue to trickle in, we decided to get to the bottom of things. Please read the entire post and find out more in our KRYPTEXPOOL Review.

Kryptexpool Review

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About Kryptexpool

According to their homepage, they offer flexible financing of up to $500 million. Kryptexpool is also an online trading platform dealing with CFDs on currency pairs, crypto, and stocks. The about us page seems to have everything sort out.

There’s also a mistake on the about us page. Instead of using the words Kryptexpool, they use Success Speaks Limited. This means that the entire website is a clone.

It’s all clear that the website’s design is a roost to entice investors. We couldn’t get any valid investment opportunity ourselves. Efforts to reach out to the people who run the platform hit a snag.

Once you land on successspeaks.ltd website, you will notice the similarity of these websites. And this is the proof we need to expose the platform.

Account opening procedure

Opening an account with the platform is easy and takes less than five minutes to complete. You have to fill in your full names and home address. Before committing funds to the platform, you need to understand the process.

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What the platform claims to offer is financial independence. It makes sense to monetize the process. The reason they fail to do it is easy, a chance to attract all classes of investors.

When the registration process is free, signing up means anyone can start the investment journey. As long as you have funds, you can easily set up an account with the platform. This is one of the many ways they get their hands on naïve investors.

Withdrawing for the first time requires a verification process. This is when all hell breaks loose as they demand valuable personal documents.

You have to send bank statements, a copy of your ID, and credit card details. We don’t see the reason why they would ask for such documents. The platform should instead focus on sending email links or SMS codes for verification.

Security experts claim the platform is harvesting banking data from members. Soon, members will start seeing charges on their credit cards for goods and services.

Affiliate and partnership program

The platform offers three plans for its affiliate partnership program. Only crypto mining and trading members can sign up with their affiliate marketing plan. We don’t understand why this is the case.

Kryptex pool affiliate plan

Don’t join any of their referral programs, as you will be considered an accomplice to online fraud. Most affiliate professionals have already added the website to the blacklist. Due to negative publicity, no one wants to be associated with the platform.

Business owner

With the website having a similar design with success speaks LTD, it’s hard to determine the owner. The whole platform is marred with controversy as the address does not match the actual place.

We went to check their London offices and found a residential building. You will also notice the support page has a different phone number from Success Speaks Ltd. The people behind this are using virtual phone numbers.

Avoid anonymous websites that don’t have actual locations. A legit investment platform will have a known physical address. Kryptexpool is an anonymous website trying to fool investors from all over the world.

Comments from users

After depositing $6,000 with the platform, John Vulentich waited patiently to withdraw. His funds would mature in seven days, and the ROI was 150 percent. It’s been three weeks now, and he hasn’t had the chance to withdraw.

According to support, there’s an error in his withdrawal transaction. They claim to do everything in their power to send him the profit. We know that John will have to wait an eternity for this.

Domain background (kryptexpool.com review)

The homepage claims the website has been running for 3234 days, same as Success Speaks Ltd. Records show that the website went live on March 2021.

It’s barely three months in and is already facing complaints from members. The platform shares the same server as other Crypto scams.

We don’t recommend interacting with the website as it has a low trust score. The website has a low rating in almost every major search engine.

Features of Kryptexpool

Accounts and plans

Kryptexpool Investment plans

Kryptex pool offers four plans to investors. These plans include Promo, premium, standard, and VIP. The premium package is the basic account and offers a guaranteed ROI of 120 percent.

Yields with this platform mature after seven days. We won’t even bother checking the features of other plans. No expert or robot can make such claims possible. With the market being volatile, investors are bound to make losses some days.

Contact and support

There’s a chat box that claims to reply immediately. We didn’t get a direct response, and the phone number listed doesn’t go through. Members will receive calls from different lines when the platform asks about depositing.

Without direct access to investors, this makes the platform totally useless. We won’t allow our readers to fall for such theatrics and hope authorities will shut down the website.

Depositing and withdrawing funds

Members get several options of depositing; it depends on where you are. Depository options include bank transfers, e-wallets, and wire transfers. There’s no need to deposit as withdrawing funds is not possible.

No one has come out with proof of withdrawing funds from the platform. Investors don’t need to face what victims are facing when withdrawing from the platform. There’s no proof of anyone withdrawing with Kryptex Pool.

License and Registration Kryptexpool

Kryptex pool is not a licensed entity and does not hold any valid credentials. We plan to expose them even with the other European regulators banning the use of the platform.

The Financial Conduct Authority does not have any platform licensed with the above name. We had to check with the FCA since they claim to reside in the UK.

Even the Company House doesn’t have an entity registered with the above name.

Safety of funds with Kryptexpool

Those who have engaged with the platform already know the answer to this. A cloned website does not guarantee the safety of funds.

kryptexpool.com depository options

Members don’t know who handles funds which is a huge threat. According to the terms and conditions, all liability falls on members.

Scam or legit Kryptexpool

Kryptexpool is a scam waiting to pounce on investors. We urge you to shun any interaction with their call agents. The platform is an all-out scam trying to rip off naïve crypto and forex investors.

Conclusion

We have to add them to our blacklist. There’s no way we would recommend such a platform.

Make the smart move today and use expert-backed forex trading bots. These are the best bots to use when trading in the forex market.

Our team wishes you all the best.

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