Features of the Crypto Invest financial pyramid
The functioning of a financial pyramid boils down to mimicking profitable investments to attract new depositors. Only the creators of the scam project benefit from this, while others lose their funds. Despite numerous negative reviews about this scheme, some still believe in quick money and transfer their finances to new hype projects. One such project, Crypto Invest, will be scrutinized in this review.
What did we learn about the Crypto Invest company?
Crypto Invest presents itself as a young and promising team that has achieved significant success in the cryptocurrency market in a short period. However, we could not find any evidence or confirmations of their worthiness. Instead, we encountered empty promises and inflated claims.
The company does not disclose its actual age, but an analysis of the domain name cryptoinvest.vip showed that the site was launched at the end of October 2020. This explains the lack of reviews, as the new project simply has not yet earned the trust and attention of the public.
Furthermore, we identified a scanned copy of the company registration certificate (13083404) on the website. Although the document is authentic, Crypto Invest was registered in the UK even later than the site was created, in mid-December 2020, reducing the actual period of its operation in the market.
In addition, their FAQ states that the company has a certificate of incorporation, which they seek to present instead of a license. However, it is worth noting that almost anyone can register in the UK, unlike obtaining a license from the local regulator. It is to be expected that Crypto Invest is absent from the FCA register.
My experience with Crypto Invest as a broker was absolutely terrible. It turned out to be unprofessional with poor customer service. I found their platform confusing and not user-friendly, especially for someone who is new to cryptocurrency investment. The hidden fees were outrageous and presented without any clear explanation. Communication with their support team was a frustrating struggle as they either took ages to respond or simply ignored my inquiries. They lack transparency, and I constantly felt like I was being misled. Overall, they failed to offer any confidence or assurance in their services. I strongly advise against entrusting your investments with Crypto Invest.
I am deeply dissatisfied with the broker’s work as the investment advice provided for Crypto Invest was incoherent and lacked substantial market overview or credible customer reviews.