Cryptoempire.ltd claims to be an all in one investment platform which offers both cryptocurrency trading and mining opportunities to their investors. They boast of generating returns of up to 110% every week.
There is no sort of credible proof to support their claims and the details of the mining activities are not discussed thoroughly.
Names of the staff or traders are not revealed and there is no assurance about the reliability of their trading system. When we were investigating this service the lack of clarity was overwhelming and makes us question about their legitimacy.
If you were considering to buy any investment or mining plans from them then continue reading our comprehensive review to find out why you should be extremely cautious while dealing with this platform.
Company and Contact Details
Laws governing the firms which provide investment advice or any other type of investment opportunity in the United States are very strict.
Since Cryptoempire.ltd raises money for trading purposes from the retail investors and provides them with fixed predetermined returns after certain time period, they have to be regulated in order to operate lawfully.
While we were trying to validate their services we were unable to find any licenses they must lawfully possess. We have confirmed through FTC this firm has never been licensed which is an alarming factor which should tell you a lot about their credibility which in this case is non-existent.
This firm has featured some type of registration certificate on their website but don’t get confused, just because they are registered does not mean they are authorized to collect money from the investors.
If you encounter any problem on this platform, the support team can be reached through a support form provided on their website.
Here are some more contact details of this investment firm:
Address – 501 NW 78th Ter, Kansas City, MO 64118, US.
This firm is said to be involved mainly with cryptocurrency trading and mining activities. This investment platform claims to be a product of careful preparation, fruitful work and vigorous activity in Cryoto industry which has allowed them to generate an effective team of technical and fundamental analysts who has the necessary practical experience to generate consistent profits.
This narration is very basic and gives us no information about the trading approach. We do not know which parameters or fundamental events they consider before entering a position. There is no information on how the funds are allocated or utilized.
Other crucial factors required for profitable trading like risk profiling and diversification are not discussed. In short there is nothing on this platform which can boost investors confidence.
This is an interesting part. The main reason for trading or investing is to earn money but if you have unrealistic expectation then be prepared to face disappointments. The returns advertised on this platform depends on the duration of the investment plan chosen by the investor.
Here are the details of packages offered by this firm:
Returns – 110%
Period – 7 Days
Returns – 8.5% per day
Period – 14 Days
Returns – 6% to 8%
Period – 21 Days
According to whois.com this domain was registered on 01/06/2018 and it expires on 01/06/2019. The registrant contact is not revealed as they are using a privacy service.
This website has a global rank of 2,063,646 and it ranks 318,388 in Russia.
Since this website is very new there isn’t much data regarding where they are getting the traffic from, the majority of the users landing on this website are from Russia, Bangladesh and Ukraine.
Deposit and Withdrawal
The e-currencies accepted by this platform are Bitcoin and Litecoin. The minimum deposit amount is $10 and the maximum is $100,000. We do not know whether there are any transaction fees applicable on deposits or withdrawals. They state that they usually process withdrawals within 24 hours.
This platform encourages its existing clients to refer more people on to their platform. The affiliates promoting this platform are heavily incentivised and are provided with promotional tools which helps them monetize their traffic effectively to get the most amount of engagement from the audience.
For the affiliates who provide this firm with enough volume in terms of capital, they can become a representative and get higher percentage of commissions. It is not mandatory for the affiliates to be an active investor in order to get their payments.
There is a section called reviews on this platform but all the videos provided their are in russian, so we weren’t able to understand anything demonstrated on that video but if they are too favorable or flattering then use your common sense and make a judgement.
Can I Trust Cryptoempire.ltd?
This platform offers way too unrealistic returns which is highly unlikely to achieve on a consistent basis. They do not have the necessary licenses and as far as the narration goes that does not make much sense either.
So to summarize this platform want us to hand over our money to them without getting to know how they are dealt which we are obviously reluctant to do.
Cryptoempire.ltd Review Conclusion
This firm is very new, so there isn’t much complaints about them on the internet but considering the fact that they offer returns which are too good to be true, it is better to stay away from them. Since there is no demo account provided by them, you can’t test their efficiency without risking your money.
If you were scammed by Cryptoempire.ltd, please let us know by leaving a comment below.
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