Crypto Gold 2019 Test & Review
Crypto bots are the talk of the day nowadays. Every crypto trader is looking for a profitable crypto bot that can generate income for him/her without hi/her having to struggle too much trading.
However, many traders are ending up in the hands of scammers who have identified the urge for traders to get free cryptocurrencies and they have come up with fake platforms which they are using to collect funds from traders. If you search for crypto bots on the internet, you will find very many suggestions including Crypto Gold. But you should go an extra mile to cross-check the platform before depositing any money with it. You should go through such reviews to get an in-depth understanding of crypto bot before even investing a cent.
What is Crypto gold?
After in-depth research, we were able to find out that Crypto gold is just Multi-level marketing (MLM) platform that is recruiting traders as its affiliate members. But from their official website, the platform advertises itself as a crypto mining platform.
Many advertisements have classified it as a crypto trading but since it claims that it will generate Bitcoin and Ethereum freely for its members. But this is not the case.
Our Recommended Robot to Try Out
Whilst we would recommend you staying away from the above robot, there are robots that are trustworthy. Below is a step by step of Bitcoin profit, a robot that we have tried and tested and found that it is not a scam. Signing up to this robot is simple, it consists of 3 steps; signing up, depositing and the start trading! The instructions below will give you more information, you can click the link below to get started.
Step 1: Registration
Registering is easy, you’ll need to fill out your name, email address, phone number and then set a password. Signing up is completely free, click the link below to get started. Once signed up, you’ll receive a confirmation email and will need to verify your account.
Step 2: Deposit
Once into your account, hit the deposit button to get started. You will need to deposit the minimum amount, which is $250, and we’d recommend not going over this on day 1. Start small and grow. Bitcoin Profit offers several payment methods, with card payments being the most popular.
Step 3: Auto-trading
Once you have funded your account, you will need to decide the trade settings you intend to use. This includes managing your risk by determining your stop loss and take profit limits. You can also decide which cryptocurrencies you want to trade and how many you want to trade at once.
Is Crypto gold a legit crypto bot? Or is it a scam?
As an MLM, the only business that Crypto gold is concerned with at the moment is recruiting as many members as it can. And immediately a new member registers, he/she is required to deposit $50, $100 or $500 so as to be guaranteed commissions from the mining of cryptocurrencies.
The minimum deposit is very enticing and any trader would not feel much pain parting with $50. Therefore, there is a likelihood that very many traders will fall or have fallen prey to this scam.
Also, if you look kindly into the official websites of Crypto Gold, you will realize that there is a lack of transparency. You need to know how safe your funds will be and how and when you will get your profits. But sadly, there is no concrete information on who owns the Crypto gold platform nor where the company is located.
How does Crypto gold work?
Research shows that you will need a membership fee of seventy nine dollars to be allowed to register with Crypto gold. Then after registering, you will have to invest at least $50 so as to be entitled to any commission from the platform.
They also claim to make the highest from the platform, you will need to register for their highest package which requires a deposit of $500.
However, since there are very many indications that this platform could be a scam, we recommend looking for a better alternative of a crypto bot. Look for a bot platform that is verified and profitable.
Instead of investing in a platform like Crypto gold, which definitely looks like a scam from the word go, it would be worth investing with a profitable platform like Cryptosoft.
Cryptosoft has been tested and proved to be a genuine cryptocurrency trading robot and it could give better returns.
Whilst we would advise you staying away from this robot, check out our favourite robot or choose from other alternative robots below.