Trading cryptocurrencies using trading robots can be quite a thrilling experience. Firstly, you do not need to have any experience at all. Anybody can trade using a crypto bot. Cryptocurrency trading robots also help in reducing the stress associated with analyzing the crypto markets which are known to be very volatile.
However, one will have to be very careful not to fall into the hands of a scammer who are very many on the internet. The scammers will pose like genuine crypto bots but end up running away with your money after you make the deposit. Therefore, you will need to always do a background check on a crypto bot before investing/depositing any money with them.
Below is a review on Weenzee crypto bot. in the review, we have captured important information on whether it is really a worthy investment or not.
Weenzee claims to be an automated cryptocurrency trading platform that manages a market of more than $ 200,000,000,000. How that is possible we don’t know.
It is said to be a community that comprises of a network of cryptocurrency traders and financiers who are specialists that come up with trading strategies for the traders.
In researching Weenzee we were unable to find any parties who claimed to be owners or founders of this. This lack of transparency raises greater questions on the authenticity of the service, and may make some believe that it could be a scam.
Before investing in any crypto bot, it is always very important to verify whether it is legit or just another scam. You have to do all your research. Remember there are very many crypto bots and if you realize that the one that you had found out to be good turns out to be a scam, then just look for another.
One of the things that caught our attention about Weenzee is that they do not have any contacts on their website or even a hint of their official location.
The platform also acts as an MLM website and there are claims that it could be a Ponzi scheme looking to get as many members as possible.
And though they show a registration document with the UK Companies House, that does not mean it is authorized and regulated to operate investment plans.
Weenzee has a very attractive website which has tried to outline all its ambitious plans.
To start with, Weenzee claims to have developed an Artificial intelligence Network for analyzing cryptocurrency markets and also trading. The network has three functions: the AI Analytics, the AI neural network and the AI Trading.
As per their investment program, an investor or trader should expect at least 1.16% profit on a daily basis. Therefore, the amount of profit will depend on the amount of money that you invest in. This translates to a profit of more than 30% in a month.
Weenzee also has plans of introducing its own cryptocurrency, the WNZ, which it wishes to use as a means of transacting in the platform.