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