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Crypto OnlineTrade Review – Scam Exposed

The internet is filled with amazing opportunities that can help people make any level of income relevant to the kind of sectors they want to get into. However, if you take a wrong step, then the scammers will bleed your bank account and will cause immense damage. Today, we want to expose a scam that features not vague, but irrelevant narratives and the name of the platform is Crypto OnlineTrade(Crypto-onlinetrade.com).

This website is popular and gets a lot of traffic from all over the world. They mainly accept deposits via cryptocurrencies in order to ensure maximum level of anonymity. Also, the management side of this platform is unknown and once you go through the entire report, you will understand all of their motives. According to their explanation, they are said to be involved with Paid to Click niche and the cryptocurrency trading sector at the same time.

Needless to say, there isn’t any thread of evidence to back up any of the things they showcase on their website. Moreover, their policies regarding deposits and investment schemes are vague and highly biased too. We can guarantee you that anyone that deposits with them is almost guaranteed to lose money. To know certain hidden secrets of this firm, continue reading and it will give you the complete perspective.

Crypto OnlineTrade Review

How does Crypto OnlineTrade Work?

There are two kinds of explanations provided by them. Funnily enough, both of them are vague and do not make any logical sense. First of all, they claim to be involved with the Paid to Click sector, but somehow magically they moved on to crypto asset management as well.

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    The explanation provided by them clearly proves that the people running this hustle do not know anything about the aspects they are talking about and their only goal is to loot innocent people. 

    PTC – Paid to click platforms have been around for decades together and the legitimate ones do provide an opportunity for people to make money with them. However, the income from those sites will never be high enough to replace your job and that is just a fact. The connection or the link between PTC segment and this firm is unknown and as they haven’t given any information on the parties they are linked with, it is unwise to trust any of their statements.

    If they are really paid by big brands and advertisers, why are they hesitant to make the names public? Wouldn’t the transparency part improve the trust score of this platform? They have not showcased any proof, because all of their narratives are imaginary and there is no denying that fact.

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    Cryptocurrency Trading – Cryptocurrencies have had a phenomenal year and every day, the number of retail investors getting in on to the scene is increasing. While lucky few early adopters and clever trading professionals made boatloads of money, the majority of the retail clients have lost their funds. So, do not jump on to the fancy things in the financial sector without knowing the risk rewards ratios.

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    This firm claims to be involved in crypto trading and it supposedly generates more than 550% returns after 14 days. They also claim to be located in the UK and are supposedly regulated in the same region. To verify the things they were peddling, we did a thorough check and the data proved that they were indeed bluffing. At the end of the day, do not believe anything you see on this platform and even if something is appealing, understand that it is nothing more than a trap.

    Is there any Proof?

    Evidence is necessary in the field of finance. From the investment banks to the top proprietary traders, everyone maintains a transparent record to further their cause. When we were surfing this platform, we checked every nook and corner to find verifiable track records or details to back up their alleged accomplishments.

    Usually the reputable account management services feature things like fund managers performance, trading records and license details. On this website, we didn’t find any important legal documents. Moreover, there wasn’t anything that could have enhanced their credibility as well. For a firm that claims to generate as much as 500% in less than 14 days, it was unjustifiable not to feature any evidence and that kind of behaviour tells us a lot about them.

    The top investment banks get their books audited at least once yearly to adhere to the current set of laws. However, fake platforms like this one do not care about the rules and as such, it is something you never should mess around with.

    Crypto OnlineTrade Background Checks

    While there is tons of information featured on their website, the surprising thing about them is that none of the information presented is verifiable. For starters, they have masked the details of their whereabouts in the domain registration process for obvious reasons. The founder’s identity is not revealed. Their registration number is unknown and their regulatory status is a lie.

    With so many flaws that are noticeable at first glance, it is no wonder that they do not like transparency at all. Any investment platform that has the best interest of their clients in their mind will always do anything it takes to earn their trust. The legit platforms have prominent social media presence and they link out to the social media handles of their staff to boost their credibility factor.

    Whenever you are looking at a new platform, always try to assess their transparency factor and if things do not add up, then simply avoid them. After all, the fund recovery process does take some solid time and it involves a lot of efforts as well.

    Support Team

    There are quite a few contact information shown on their website. For any newbie, the available information might be convincing enough to go forward with them. However, if you have a trained eye and curious nature, then you can spot the flaws pretty easily. First and foremost, their phone number is not functional and the only way to get a response from them is via email.

    All of their communication is structured towards badgering people to invest with them and they never reply to complaints or queries unless you are willing to make a deposit. If you ever get an email from them, then do not click on any of the links. Also, do not give them access to any of your confidential information.

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    Behaviour of these crooks and the usage of high pressure tactics clearly shows that they have no regards for moral values. For any reason, if you want their contact information, then know that it will be listed below.

    • Address – 217 Summit Boulevard Birmingham, AL 35243
    • Phone – +1 (818) 927-0959

    MLM/Referral Scheme

    This platform has a very lucrative referral program and it has more than 10 levels present in the recruiting scheme. Any marketer that promotes this investment scheme will make huge money without carrying any risk due to the way the referral compensation is set up. Note that we are not against affiliate marketing, but whenever a ponzi scheme is being marketed as a referral program, that is where we draw the line.

    Marketers of this bogus platform get 5% of the revenue amount they bring to the platform and many additional benefits are provided to them in the form of bonuses and perks. The affiliates of this platform are the ones that create fake reviews about this platform and the only motive is quick money. So, be very careful if you come across any website or forum that promotes them. After all, you cannot trust anyone that has a clear conflict of interest, right?

    Hidden Fees and Conditions

    The policies regarding the deposits and withdrawals of this ponzi scheme are outrageous. For example, if anyone wants to immediately liquidate their holdings, then he or she is forced to pay 20% of the total withdraw-able amount as charges. Crypto OnlineTrade is a ponzi scheme and their cash flow is highly dependent on the number of new clients joining their scheme.

    Once the number goes down, they will cease their operation on their own and disappear with all the cash. Their flimsy policies will help them till they bite the dust and they have indeed created a perfect environment for them to flourish. Before investing with any platform, always go through the policies in detail and make sure that you understand the risks involved.

    Sometimes, the concepts discussed are going to be complicated and the fine details might make you confused and overwhelmed. To be on the safer side always take advice from licensed financial advisers and never trust the things or claims you see online. 

    Crypto OnlineTrade User Feedback

    Crypto OnlineTrade has managed to keep a low profile despite the kind of traffic they get. We do not know for sure the kind of methods they are employing to erase information about themselves, but we strongly believe that it will be borderline criminal. There are few positive reviews about them on the internet with a referral link attached.

    In other words, the crooks are twisting the general consensus in their favor and you should be careful before trusting any random comment. You can go to Trustpilot to see the general opinion about this firm and it is as expected only. Many of the victims seem to think that there is no way to track the funds and make the crooks pay.

    However, the reality is a bit different and thanks to many crypto-intelligence firms, tracking is now both easier and faster. If you have lost funds to them, then let our experts do all the work for you for free. Use the contact form featured on our website to get in touch with them and tell us few details of the transaction. We will start our investigation as soon as we have the data and will regularly update you on the situation.

    Crypto OnlineTrade Review Conclusion

    Crypto OnlineTrade is not a reward website or a crypto broker. This platform is a ponzi program and the only reason they exist is to con people and make a fortune for themselves. They have not paid 26 million dollars like they say on their homepage, but they might have lotted a couple of millions from the public in the name of investments.

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    Their agendas are filthy and clients that stick with them for any duration is guaranteed to lose their money. Moreover, as the crooks behind the hustle are skilled, it might take a long period for the police to find them and make them suffer the consequences of their actions.

    So, do not get stuck with this fraud platform especially when there are tons of legit ones available. The returns might not be great on the regulated channels, but at the end of the day, reliability will be there and security will be given the highest priority.

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    If you have anything to say about Crypto OnlineTrade, please do so below.

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