Reviews of the company Reel Crypto in 2023
Reel Crypto claims that investing with them is profitable and safe. According to them, the company uses proven algorithms and strategies in the cryptocurrency market and shares profits with investors. Currently, there are no reviews, leaving some questions unanswered. It is recommended to conduct a thorough analysis of the legal documentation, investment conditions, and other key aspects before making a decision.
Key Information about Reel Crypto
Reel Crypto states that they build relationships with clients based on principles of honesty, providing security, quality support, and sustainable growth. Despite extensive promises, the company does not provide success statistics, and the duration of its existence remains unclear.
According to the whois service, the website reel-crypto.com started operating at the end of November 2022. This is a new project that has just begun attracting clients through an affiliate program. Therefore, favorable reviews and reviews with referral links may appear.
Reel Crypto limits communication channels with support. Only email (real) and an office address in Australia are available. However, the actual address turns out to be invalid, as other organizations are based there. Finding a company representative at the specified location is impossible.
Licensing and Regulation
Reel Crypto reports that it operates within the law and does not violate international norms. A copy of the registration certificate and links for data verification are posted on the website. The company is actually registered in Australia:
The company also has permission from ASIC and conducts regulated activities:
However, it should be noted that the real Reel Crypto is not associated with the project described above. Its official website is https://www.reelcrypto.io.
Scammers used the name and data of the company to deceive newcomers and attract capital. They rely on the vulnerability and trust of users.
Investment Terms in Reel Crypto
Reel Crypto specializes, according to their claims, in cryptocurrency arbitrage, short-term and long-term trading of digital assets, as well as non-futures markets. Various investment packages are offered:
- Initial deposit – from 10 to 500,000 dollars,
- Deposit term – 5 days,
- Income – from 10 to 41% (depending on the deposit amount).
The company also offers a multi-level referral program (income from the partner line up to 20% of the new participant’s deposit amount). Currently, no reviews confirming project payouts have been found.
Reviews and Recommendations
Due to the recent launch of a fraudulent hype, there are no reviews about it on the network. This allows scammers to actively attract new clients and strive to extract maximum profit before the truth is revealed.
If you have experience investing with Reel Crypto, share your opinion below to help other users.
Deception Mechanism
Reel Crypto is a typical financial pyramid where only the initiators benefit. Scammers attract newcomers, receive investments, and when it’s time for payouts, they stop responding to client requests. This scam scheme works effectively. Victims of investment scams can turn to regulatory authorities, but they are often told that investing in a project without the necessary documents was unwise.
Final Word
It is recommended to refrain from cooperating with Reel Crypto, as the project is just one of many scam projects that have flooded the investment sphere online. When making investment decisions, it is important to be vigilant and trust your funds only to reputable financial institutions and companies.