Kryptobot Review: Crypto Scam

Kryptobot Review: Crypto Scam

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Kryptobot ( is another Crypto currency trading scam platform with an eye for stealing from members. Krypto Bot is claiming to have over 600 traders online at any given time. With a number of complaints floating around the web, we decided to conduct a thorough investigation. What we found out is shocking beyond words as it is unclear what the website is about. Read this genuine KRYPTOBOT Review for more.

About Kryptobot

Kryptobot Review

The platform is selling itself as a Binary options broker and platform as well as Crypto investment. They claim to be located in New York which is a clear indication the website is a fraud. According to US regulations, Binary Options has been banned in the region. These scam artists are offering binary options services in a jurisdiction where it is banned. The platform is full of crappy claims which best be said, are unfounded. For those who want to deal with legit binary trading, safe avenues are available. Trade with accurate binary option signal providers with a solid reputation.

Kryptobot is claiming to offer Binary Options, Cryptocurrency, Forex, and spreads. When it comes to their binary trading claims, this is where claims get overboard. Scam artists will post over the moon claims just to entice investors to sign up. According to their homepage, members are guaranteed of 100 percent profit ROI after 60 seconds. These claims are bogus and will never materialize. There is no expert or robot that can achieve such a high profit margin on a daily basis. These are scam artists who want to target investors looking for high ROI.

Award Claims

The platform claims to have been awarded different accolades for their performance. Scam artists who deal in the binary arena will use awards to pull in investors. A check with the award devisee shows no such award was given. These scam artists look for award shows and post their names. They have simply claimed to have these awards with no actual pictures of the award ceremony. After a closer look, we could not find any award listed with their name on the accolade.

Business Owner

When a platform is successful, the owners will want to get recognition. The problem with Kryptobot is no one has come forwards and claimed to be the founding member. We checked with the website information for any details regarding founding members. There were no details showing who the actual owners are. And this is a clear indication we are dealing with an anonymous platform. Stay away from any anonymous online investment platform as they are a rip off.

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Domain Details

Kryptobot Award Claims

It remains unclear when the website was created as most domain registers don’t have this information. According to Alexa, no such platform exists which is an indication this is a scam website. The domain register does not recognize the .online address which is synonymous to scam artists. We are sure Kryptobot is another offshore led scam platform targeting American and European investors. A warning should be issued by authorities regarding this bogus trading platform.

License and Registration of Kryptobot

The platform claims to be located in New York. To confirm their license status, we had to reach out to various regulatory bodies in the region. Claims of being licensed by the CFTC are false since the register has no such platform registered. We also reached out to the NFA for verification. It is clear that the NFA has banned all binary trading which makes their license claims, bogus. They also claim to be licensed by the IFSC in Belize. These claims are unfounded as the register has no such registered broker.

And this is concrete proof Kryptobot IS NOT LICENSED OR REGISTERED to offer any trading services. These are scam artists who are looking for ways to steal from online investors. We also tried search for any license certificates and documents on their website. It is clear the website holds no documents to prove authenticity. Another issue with Krypto Bot is lack of a license number displayed on their homepage. It is expected that a platform displays their license number for all to see.

Restrictions of Kryptobot

Account Details

When it comes to the account packages, Kryptobot is unclear on the packages available. And this is another proof we are dealing with scam artists. A legit binary and Crypto trading platform will have details regarding accounts. Even if the platform has a single account, you expect to find account features. The website is unclear on the leverage and spread available on Forex assets. Members still don’t know the acceptable minimum depository requirement to start trading with the platform.

Contact and Support

At the bottom of their homepage, there is a contact option. Once you click on it, you are directed to a tawk agent. And this is where more evidence piles up revealing the platform is a clone. Their contact page is owned by another scam called 360SmartOptions. These scam artists are using the same chat details with an exposed scam website. And this is solid proof we are dealing with a rogue platform.

Deposit and Withdrawals

Disclaimer at the footer of their homepage reveals they have an array of depository channels. The listed depository channels include Bitcoin, MasterCard, Net Exchange, and Visa. There are no details regarding the acceptable minimum deposit. The platform offers no information regarding the deposit and withdrawal process. And this gives them leeway not to allow any withdrawals. Members have still not been able to withdraw any funds with this platform. Proof Kryptobot is another binary and Crypto scam.

False Testimony

Kryptobot False testimony

These scam artists have posted false testimonials from unknown characters. Scam artists will download stock images and use them as clients. Kryptobot is no different as they have posted moving testimony from these stock images. These people have no social media profiles which make them made-up personas. The testimonials from Antonio Moreno, Paula Wilson, and others have been doctored. Stay away from the platform as it does not offer any real trading services.

Trading platform

Another issue we have with Kryptobot is lack of proper information regarding their trading terminal. Before signing up with a platform, it is best to know which trading platform is in use. Are they using MT4, MT5, SIRIX, or Custom made platform? Does the platform have a demo account? These are all important questions you should ask before signing up. Sadly, the platform is unclear which type of trading terminal is in use. Screenshots from victims reveal they are using a custom made platform.

Security of funds with Kryptobot

The website has no clear account details which mean segregation of accounts is out of the question. Members should be aware that Kryptobot is pooling funds in one account. Members are actually depositing funds straight to owner’s bank account. Stay away and never deposit funds with them as you will be filling the pockets of scam artists.

Scam or legit Kryptobot

Kryptobot CySEC Register

With evidence clearly showing the extent of how scammers behave, Kryptobot is a scam. Stay away from this platform and never accept any calls from their agents. These scam artists will hire call agents to act as trading experts and ask members to give up control. Warn your family and friends from joining any of their affiliate programs. Stay away from the platform as it is another online binary and Crypto scam targeting unsuspecting investors.

Final Thought

By adding this platform to our scam blacklist, we will be protecting our readers from this website.

Stay safe when dealing
Cryptocurrency by using dedicated Cryptocurrency trading robots.

We wish all traders the very best in their online investment venture.

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