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MyZyncTech Review: Scam Cryto Trading Bot or Legit?

MyZyncTech Review: Scam Cryto Trading Bot or Legit?

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MyZyncTech.com is a Crypto trading bot and a website offering 3 investment packages. Other than using the bot to trade the Crypto currency markets, each one of the plans promises additional incentives (not disclosed), fast start, binary residual, advanced meter ranking and leadership pool. Actually some of these features are not very clear and we don’t know why a website owner would want to sound vague when they are addressing potential subscribers. These plans start at $300 (4 months), $600 (8 months) and $12,000 (12 months).

The people behind MyZyncTech tell us that they have more than 100 years of combined experience in the industry, and that they have been enforcing strict ethics and values.They also claim that Zynctech is a team of computer experts who have developed an Artificial Intelligence robot to give everyone a chance to participate successfully in the Crypto currency market place.

So far, that is all they have in their about us page. Again, this is a very shallow introduction. Even scams will say they have a team that comprises of computer experts and that they have developed a Crypto robot that works on AI. Our recommendation is that whoever is behind MyZyncTech should consider introducing the people who make decisions for this company and even the engineers who are responsible for making this bot. We don’t prefer generic introductions because these will kill trust instead of building it.

Note: If you want to trade Cryptos, rely on a genuine software programmed by an expert trader and computer programmer. Go here to find out what type of Crypto trading software are in store for you. 

MyZyncTech Review

In short, there is a lot of mystery which surrounds this site’s operations and the robot which they are claiming to give their traders. It is the wish of every trader looking for a similar service to find a website that is honest and transparent with their dealings. Every serious trader out there will be put off as soon as they come across a site that publishes generic content to introduce who they are. These sites are not legit, and so MyZyncTech comes across as one site that is not being honest with its audience.

Zynctech

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worldmarkets

One problem that traders have to go through if they want to learn trading is to look at the charts on a daily basis or even watch for any news that will affect the market they want to trade. And even though the Crypto currency markets remains open 24/7, there is the problem of keeping up with all the market happens so as to try finding the correct entry and exit.

Now, MyZyncTech bot is supposed to make the work of a trader easier because it scans the markets in order to find the perfect trade setups before it can send alerts. This way, the trader does not have to stare at the charts any more. MyZyncTech states that the aim is to provide traders with easy, fast, convenient and simple way to trade the Crypto currency market. However, they have forgotten to tell us which strategy their MyZyncTech bot is using to find these patterns. This means that we do not know the exact patterns that influence the decision or behavior of this bot.

MyZyncTech bot is customizable

Now, like most bots for trading Crypto currency in the market, this one too has customizable settings through which users can specify their ideal parameters so as to get the kind of signals they desire to get. Take profit and the maximum loss that the robot can subject a trading account to can also be tweaked depending with the risk appetite of the user.

Is this feature good? Yes this is a good feature to conclude in a trading bot. However, the problem arises where the developer refuses to tell us what trading strategies they have incorporated into the bot. This is rather suspicious because as a developer, it should be in your best interest to reveal as much info about your products as possible. But this is never the case with MyZyncTech.

Any promised returns?

MyZyncTech does not give us any numbers or promise us ROIs. This is a good thing because it shows that the developer is not after convincing us with ROIs. Past performance isn’t a guarantee of future performance, plus the robot can never perform the same even if it did well with historic data. So if you are looking for some kind of numbers here in order to make a purchase decision, you will be disappointed by MyZyncTech.

Can we trust MyZyncTech?

It’s really difficult to give these guys the green light and that’s simply because they do not offer a demo or free trial for us to test the robot in order to determine whether or not it’s worth the money.

The main problem here is the steep price tag which this robot is retailing for. With the kind of mystery that surrounds this developer and the product which they created, many people will find this price point too high and unnecessary.

You may have also noticed some alleged testimonials on this site. These testimonials have not been backed by any social media links and it is therefore hard to determine whether they are legit.

Our best guess here is that MyZyncTech just copy pasted free stock photos into this area and edited the text to sync well with the kind of message which they are propagating. If these testimonials are real, we should be able to see people praising MyZyncTech in the main trading forums all over the internet.

Our best advice for you

The truth of the matter is that MyZyncTech is just a trading bot whose sales page does not boost confidence among traders. The reason why that is so is because the developer does not want to reveal more information about the service. They should have considered giving an in-depth description of this robot before anything else. It is therefore hard to recommend this bot, but in case you missed our recommended bots, go here

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