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.
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.
Want a Crypto gold account? Consider an alternative!
From the details provided above, you can clearly tell that it may not be safe to invest with Crypto gold since it most likely seems like a scam. There are definitely better automated crypto trading platforms like Cryptosoft that you can invest in instead of investing in a platform that you aren’t sure about.
To enjoy the services of the Cryptosoft platform, simply follow the step by step guide below:
STEP 1: Registration
On their official website, you will see a dialog box on the right-hand side where you should enter your name and your email address.
After clicking ‘Get started NOW’, you directed to the next step where you are supposed to fill in your phone number.
After entering your phone number, just hit the ‘Start making $2,200+ a day’ button and wait to be redirected to their trading platform. However, if they do not accept traders from your region, you will not be able to move past this step.
Another thing worth noting is that CryptoSoft has a set number of Traders that can register with them per day and once that limit is exceeded, you will have to wait till next day to register.
STEP 2: Open a demo account
If you are allowed access, you should first open a demo account so as to familiarize yourself with the robot and see how it operates so as to make a decision on whether to trust it with your funds or not.
STEP 3: Deposit funds
Once you are satisfied that CryptoSoft is a genuine crypto trading robot, you should go ahead and deposit funds into your real trading account. The only allowed payment methods for deposits and withdrawals are credit cards and bank wire transfers.
The minimum allowed deposit is 250 €.
STEP 4: Activate automated trading
After making the deposit, you should click on the ‘AUTO TRADE’ button at the top to allow the robot to take over trading and make profits for you.