CryptCoin24

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General information about broker CryptCoin24 - scam review

The company began its activities in 2012, at least that’s what was said on the main page official website of CryptCoin24. It is registered in the offshore zone of Saint Vincent and the Grenadiers, but no evidence of this registration was found. Most likely, these are just words intended to strengthen the reputation of the site and the company.

The guys position themselves as a leading company in the field of binary options. But again, they do not have certificates and licenses that could confirm this information. In addition, there is no information about the owners and founders of the company, as well as their contacts. You can only contact technical support via [email protected].

The company’s trading assets are classified, but some of them became known:

BTC;
LTC;
RPL;
ETR

The proprietary Money Manager terminal helps traders earn money. Information about its functionality is kept silent; it is known that it was customized to the needs of traders of different levels. It is reported that transactions on it take place in just 60 seconds.

Fraudsters present this circumstance as an advantage of their site, but in reality it is a high-risk investment in CryptCoin24, which usually end in the loss of deposits and even entering the negative zone.

Status	SCAM
Year of foundation	2012
Affiliate program	No information
Regulation and jurisdiction	In the offshore zone of Saint Vincent and the Grenadines
Company Features	Work on your own platform, transactions in 60 seconds, bonuses when replenishing your balance as a percentage. The withdrawal of money is not arranged. Technical support responds selectively and may block your account.
Contacts	Unknown
Website	cryptcoin24.com

Pros

Trades in 60 seconds
Demo account for $1000
Bonus for beginners in % of the deposit

Cons

No registration or licenses
This is SCAM
Withdrawal not configured

Trading Platform	Money Manager
Types of accounts	No information
Deposit/withdrawal	No information
Min Deposit	$10
Financial Instruments	Currency pairs, stocks
Order execution	Unknown
Trading Features	Trade cryptocurrencies and stocks. Fast trades – in 60 seconds. Currency pairs and other assets for registered clients only.
Bonus	Yes

How Crypt Coin 24 scams clients

As always, it all starts with registration on the site. The next move is to replenish the balance. Before you top it up with real money, the company offers to use a demo account of $1,000. Clients are testing the company’s platform. At this moment, everything works out great for them, and the educational deposit turns into a high profit.

In order to further interest people in investing their money, scammers offer them bonuses based on their deposit. Only they do not warn that these bonuses will need to be worked out 30 times. Scammers deliberately set conditions that cannot be met in order to further draw the client into their system.

When real trading begins, scammers turn on their platform, which is completely managed by company employees. Quotes have nothing to do with real analytics of world trading. Therefore, customer deposits are quickly lost.

Fraudsters are well aware that no one can control them, so they act brazenly and unprincipled. 60-second trades help them a lot with this. Customers lose money and write negative reviews, but scammers don’t care that their site is down. They create such sites in batches and still continue their activities.

Terms of cooperation with Crypt Coin 24

Most of the conditions remain secret. You can view them only after you have registered. But we still managed to find out something. For example:

You can take part in trade transactions starting from $10;
you already know about 60 seconds;
a demo account is an advertising tool that encourages clients to replenish their balance with real money;
withdrawal of money from the site is carried out with a commission of $10, but in most cases it does not reach this point;
You can replenish your balance in one minute without any commissions from the company.

At first glance, the promised result is worth adhering to these rules. But in reality, few people have withdrawn good amounts from the site. If a person contacts technical support, he will be completely ignored. Apparently, its employees also benefit from the bankruptcy of clients. No one is able to withdraw money from the site, so people express their dissatisfaction in reviews about the company.

License

The website published information that the company CryptCoin24 is registered in Saint Vincent and the Grenadiers. After checking, it turned out that the company’s website is not on the regulator’s lists. This means it was fake information.

Nothing has been heard about the owners of the company either. As you know, all scammers hide their contacts and identities in order to continue their illegal activities.

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Expert opinion

Eugene Rudenko

As usual, scammers create their own platforms for trading cryptocurrencies and stocks. This makes it easier for them to manage transactions to prevent funds from leaving their site. Such services do not have access to the interbank market, so all trading is controlled by company employeesCrypt Coin 24. Scammers are interested in having all funds accumulated on their website so that they can be used at any time and the site closed.

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Reviews

Reviews about the company CryptCoin24 were found on the site scaud.info. Most of them have a negative meaning. This is not surprising, because this broker does not fulfill its obligations to cooperate with clients. So, Vladimir wrote that binary options cannot be trusted at all, and as for the company Crypt Coin 24, it is a complete scam. They arbitrarily blocked his account and took away his welcome bonus.

Another client Vlad wrote that these scammers do not allow anyone to withdraw money. Sometimes they allow you to withdraw a small amount from 10 to 20 dollars, but he was not able to do that either.

Oksana expressed the opinion that the CryptCoin24 broker is a deceiver led by Dmitry Istomin. They offer to make money on binary options using a robot. From 500 you can get 3000 in just 3 days. They swear that they will help you figure it out and set it up correctly, but in reality you will only lose your money irrevocably.

Expressing their responses, clients note that they trusted the CryptCoin24 broker with their money and wanted to make money, but only lost the money. They simply do not know that this issue can be resolved if they immediately contact our specialists. Having such information, you can choose a decent income on the Internet.

Conclusion

Binary options are too risky a niche for making money on the Internet. The risk increases significantly if it is not known who created the company, where and when it was registered, who its regulator is, etc. For the office, this is an opportunity to deceive traders with impunity. If one site closes, four similar ones grow in its place. Be careful when choosing a company so that you don’t have to worry about money donated to scammers.

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FAQ

How do customer reviews influence CryptCoin24 on the company's rating?

Customer reviews are one of the main criteria that influences the placement of a broker in the ranking of the best companies. See all reviews about CryptCoin24 you can visit the company’s official website.

How to write a review about cooperation with CryptCoin24 on the Rating Forex site?

Register on the Rating Forex website – it’s free and takes up to 5 minutes, taking into account the registration confirmation via the link that will be sent to your email. Detailed instructions on how to leave a review CryptCoin24, posted at the link.