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Crypto 300 Club Review – A Deceptive Scam?

Crypto 300 Club (crypto300club.com) is an online crypto trading solution. Their platform is user-friendly and straightforward in their approach. They claim to generate revenue of up to 300% annually. For any newbie investor, this might seem like a reasonable target.

However, that is not the case. There isn’t any trading history disclosed by them. They do have a rough history which we will go over later in the review. Though, this firm is nothing more than an ICO, they do not feature any legal documents.

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Any details about the fund managers are not discussed. Go through our impartial review which will give you a clear idea about this firm.

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License and Support

All the companies which offer financial services to the public are required to be licensed and regulated. There is no exception to this rule. Moreover, it is safer for the clients if they stick with the regulated entities.

Crypto 300 Club represents an ICO. They raise money from a pool of investors to trade the crypto assets. The investors are promised some amount of profits in the near future. We checked the database of FCA and FTC, but we couldn’t find any details about them.

This firm does not reveal a single detail about their legal aspect. Furthermore, if you encounter any problems on their platform, then it is game over. What kind of investment firm operates in such an unethical way? Seems like these so called trading institution was on a budget.

How does Crypto 300 Club Work?

They say that their team consists of experienced traders. Apart from this one line narration, they do not reveal any details. We as investors do not know anything about the technical aspects of trading.

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There is no information on the indicators they consider before opening a position or about the strategy they follow. The maximum drawdown limit is not specified. Since, there is no verifiable trading history, on what basis can we trust them?

Trading is a complicated profession and it requires a lot of prerequisite skills. Whenever, an individual starts trading without familiarizing themselves with the fundamentals. The risk of losing the entire investment amount is high.

Crypto 300 Club Review

Plan and Profits

The returns are 2% daily for 60 days and then 1% for life. This number is not sustainable regardless of what strategy you follow. Risk exposure in the markets can be reduced, but it is impossible to eliminate them. If you do the math, 1% per day adds up to 365% yearly.

This type of returns is unrealistic and not the kind of profits investment banks or other big institutions aim for. Ask yourself, if they were really able to achieve the advertised amount of profits, then why are they offering it to the public for free?

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Affiliate Program

This platform offers an affiliate program. All the promoters are paid 5% of the cumulative deposit made by their referrals. In the past, the commission percentage offered was high, but for some reason it was halved. The exact guidelines for the affiliates are not specified.

Basically, any individual who has blog or any other popular web platform can sign up with them. Note that, the affiliates are not required to be an active participant.

Domain Insight

Below is a rundown about the key statistics of this website. Thanks to whois.com and alexa.com service.

Domain – Crypto300club.com

Registered On – 15/07/2018

Expires On – 15/07/2019

Alexa Global Rank – 48,554

Rank in United States – 37,382

The registrant details are untraceable. Majority of their traffic are coming from United States, Iran, India, Venezuela and Russia.

Red Flags

There are no information regarding the fund managers. Usually, all the legitimate firms feature details of their employees. So, that the public can always measure the performance of an individual. Since this firm does not uphold these standards, it it better to stay away from them.

They do not offer demo accounts. Almost all of the reputable solution feature free trial or demo accounts to showcase their level of commitment and effectiveness. However, since this element is absent do not give them the benefit of doubt.

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There are some testimonials about them online, but they are all too flattery. Check out the comments from users on Beermoneyforum. Do not trust any of the testimonials, if there are referral links attached to them.

I am not the admin.

“The Top Online Crypto Trading Club

Our expert traders use pooled revenue to earn you Daily Profits – Everyone Earns BIG from the Crypto Market!

Just a Few Details…

Club Members Earn 1% Daily (Over 300% Annually) on All Purchases

($10 – $1,000,000)

Withdrawal Requests Paid within 48 Hours

Promoters Earn 10% During Initial Launch Period (5% after launch)

Only E-mail Address and First Name Required – Earn Millions without Government Oversight!”

Link: Crypto 300 Club

Never invest more than you can afford to lose.

Crypto 300 Club Review Conclusion

Trading any asset or instruments require knowledge. Whenever you encounter a company or platform which offers shortcut to procuring wealth, be cautious. Always make sure that you indulge with regulated firms and entities only and ignore these kind of platforms.

DaxRobot

Do you have any experience with Crypto 300 Club? We invite you forward to share your opinion.

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9 Comments

  1. Ken Christie

    Further to my comment about Crypto 300 Club, there has been a further development.
    I logged in the other day to find a message which says that my account has been suspended… and has been deleted.
    When I contacted them on live chat, I ‘spoke’ with Elijah, a most ill mannered person, who advised me that I had sent a message asking for my account to be closed. He even sent a copy of the alleged message to me.
    I pointed out I had invested money in this account, so why should I want to close it? He insisted someone did, I said my account may have been hacked…but thinking about it, they probably fabricated the message just to get rid of me.

  2. Rob

    They are a copy of another scam called Ad Click Xpress, and they both make up excuses to take your ad packs and demand you buy more.

  3. Ken

    I have been using Crypto 300 Club now since January 2019 and started with their free trial to show how the system works. The payout for the free trial is $1 paid in Bitcoin to my wallet. I felt relatively happy with this, and I was getting regular email messages from them, so I decided to invest the minimum $10 on 22 January 2019. I understood I would be paid 2% per day and half at the weekend.

    Then, it became complicated. Let me explain:

    Their email said that the original owners had decided to go and the company was taken over by new owners who suggested that the old owners had not been running the company correctly and had lost a lot of their reserve money.

    They would put new measures in place to safeguard their future and the choice of 2% per day would be complimented by 1% per day and 0.5% per day with a choice to be made after the first week of investment.

    They advised that with the 2% per day, there was a good chance that it could be cut to 0.5%, the 1% per day had a slight chance of being cut to 0.5% and the 0.5% per day would have no chance of being cut.

    In order to be paid, members have to login each day and claim their payment. The payment is shown on a pop up. (Incidentally, each link on the website opens in a separate tab, so if you are looking around the website, you actually open a considerable amount of tabs on your browser.)

    I had joined before this choice was publicised so I was continuing on $0.20 (2%) per day. Then, suddenly, on 1st March 2019, it changed without notice to $0.005 (0.5%) per day. This continued, according to my spreadsheet, until Wednesday 16th April 2019, when the payment pop up showed, or rather didn’t show a payment after the dollar sign.

    I contacted them on their live chat, advising them that my payment was being shown on the pop up window. They said don’t worry, the payments are still being made into my account.

    When I queried them three days later, saying that my balance had not increased for four days, only to be served an abrupt reply, simply saying that I should read their emails for my answers.

    It appears that they have decided to stop payment into my account, and I can bet that they have stopped paying into their members’ bitcoin wallets as well.

    I hope this stops others from losing their hard earned money.

  4. Lesław Lipski

    Crypto 300 Klub mnie okradł!!! Zwabili mnie zarobkami i zapewniali ,że nie ma oszustwa! Wpłaciłem $ 30 i ani grosza nie zarobiłem ani wypłaciłem ,i nie chcą odpowiadać.

  5. DaxRobot
  6. Marlin D Julson

    I have been earning for months now. I really like it. Earning from referrals are excellent as long as they activate their first crypto pack. With bitcoin going down, it is the only way I am earning anything at the moment. Dump bitcoin and get earning 1% daily for life on expired 2% for 60 day packs. Click the Get Paid daily button and that’s it. They do all the investing. You earn from those investments 1% daily regardless of the swing in bitcoin and you keep earning for life of program. Nobody has lost any money here that I know of. Don’t know how you could other than the site shut down and go by by like a million others. I have trusted them more than all the others, so your being steered the best you can in this world for a good opportunity really earn some bitcoin.

  7. Ryan

    Personally been using crypto300 club for 3 months now with no issues. There was some complaints when they changed their payment system from 2% for life to 2% for 60 days but so far they have always been paying out.

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