Cryptopayou: user reviews of the platform and expert review
Review of the Cryptopayou Cryptocurrency Platform: User Reviews Evaluation and Professional Analysis
The company Cryptopayou offers users the opportunity to earn on cryptocurrency, however, it does not enjoy high popularity in the market, and reviews about it are rare. In this review, we will carefully analyze the information about the platform to assess the advisability of registering on it.
Verification of Legal Status and Features of the Cryptopayou Website
The official website of the company Cryptopayou does not stand out among others, however, two key points should be noted. Firstly, the resource is entirely in English, without other language versions. Secondly, the name of the platform sounds similar to the popular existing British cryptocurrency platform Cryptopay. Despite the external resemblance, the data are officially in no way related.
According to the information provided, the company was founded in 2017 by a certain Felix Romer, however, a search for information about him or other team members was unsuccessful. The website itself, according to Whois data, was registered recently, in the summer of this year. In addition, the contact details of the registrant are hidden, making it impossible to verify the owner’s identity.
The information on the website states that the company is registered in Britain at the address: Profex House, 25-27 School Lane, Bushey, United Kingdom, WD23 1SS, with the registration certificate number 11142206. However, there is a discrepancy with the government database, where a completely different enterprise is registered under the specified number, which was also annulled in 2019.
Key Aspects of Cryptopayou’s Activities
In the “About Us” section and in the website footer, information about the company’s registration in Britain can be found, however, no factual verification of the data was found. The documentation is limited to just the “User Agreement,” indicating the unseriousness of the structure.
Regulation of Activities and Terms of Use on Cryptopayou
Currently, the regulation of the cryptocurrency market is in the process of formation, and the process of licensing cryptocurrency exchanges is not legislatively established. This leaves room for fraudulent schemes, as there is no control over activities. It should also be noted that blockchain transactions are irreversible, making the chargeback process irrelevant.
Cryptocurrencies, therefore, can be used to deceive citizens, as confirmed by numerous reviews of injured clients. As long as legislative bodies do not take action, the Central Bank has started blocking payments to cryptocurrency exchanges and exchangers. This is due to the high risk for citizens who become victims of scammers.
Expert Conclusions: Cryptopayou — Target of Scammers’ Attention
Based on the data presented, the Cryptopayou website contains misleading information. The presented company has never been registered in Britain or any other country, has only existed for a few months, and there are no mentions of it at all. Reviews of the Cryptopayou platform are almost non-existent, indicating that no withdrawals are made here, and the brand itself resembles a primitive pseudo-company.