Review or Exposé: Reviews of the Crypto Arena Exchange
Analysis of the Crypto Arena Pseudo Exchange
The company Crypto Arena represents an innovative project in the trading sphere, offering the use of advanced technologies. Powerful computing systems ensure instant execution of millions of operations. However, reality turned out to be far from what was claimed. Why? Let’s figure it out.
Main Exchange Characteristics
First, let’s look at the appearance of the crypto-arena.com site to get an idea of the project.
The web resource looks: neat, using modern design and a harmonious color palette, with attractive background images and widgets. The site also features a motivational block claiming that the platform is innovative and one of the best in the world!
We have seen all this repeatedly. Every scammer claims that their project is “the one” and makes efforts to lure the gullible victim into their networks.
The next step is to review the main platform metrics. The main factor is the presence of 2,580 investors. While this number is not impressive, it still piqued our interest. Through SEO tools, we have determined that the site has an average of 150 visitors per day. This leads us to the conclusion that the claimed number of investors is unrealistic.
A quick analysis reveals the actual number of visitors. Every sensible investor visits the platform at least once a day for trading or monitoring results. Therefore, the information provided by Crypto Arena is false, created to attract new investors.
Company Information
The exchange’s starting page ends with a block of inflated advantages and guarantees. The main claim is the promise to “guarantee the security of your investments.” However, the fact that these funds can be irretrievably lost is confirmed by numerous reviews from deceived investors.
In the “About the Company” section, the lack of objective information is noted. This section is full of pompous words but lacks specific details.
Let’s focus on the tariff plans. The minimum deposit is $250 and can smoothly increase. Interestingly, the terms of cooperation and tools for clients depend on their budgets.
The question for investors is whether different cooperation terms for different types of clients really exist on a serious stock exchange? A scientific approach to this issue suggests that everyone should have equal opportunities, regardless of their budgets.
Legal Analysis
The legal entity behind Crypto Arena is called Personal Found Ltd. The legal address is Sofia 1111, Sofia District (Capital), Municipality Stolichna, Slatina District, Geo Milev residential area, 17 Andrey Nikolov Str., ground floor, office. 4. This factual address is located in Sofia, the capital of Bulgaria. However, the degree of its officialness raises doubts.
Interestingly, this organization is also associated with another scam – OMC Markets. It is worth noting that such projects have negative ratings and tend to close.
An analysis of customer reviews also warns against interacting with Crypto Arena. Negative comments prevail, indicating the company’s dishonesty.
Overall Conclusion
Crypto Arena is a typical fraudulent project revolving around the topic of cryptocurrencies. It is advisable to avoid this pseudo exchange if you value the safety of your assets. Otherwise, be prepared for financial losses. It is better to donate your funds to charity than to trust them to dubious projects like Crypto Arena.