Chrysos Coin: Lend & Trade Cryptocurrency Exchange Scam?
If you want to know all about the new companies in the market, you have come to the right site. Today we will review a new company called Chrystos.
What Is Chrysos?
Chrysos is a new exchange and a lending company which has recently entered the market after its successful Initial Coin Offering (ICO). This company states that it intends to be the future of the digital finances. Chrysos uses a blockchain technology powered by P2P transactions and it intends to create a network in which the investors can really trust the security and the efficiency of the company.
The company offers its clients the chance to use its exchange platform and a lending platform, which can also be used to get money with a low risk. The company offers 24/7 support for the people who decide to use the Chrysos exchange platform.
How Does Chrysos Lend & Trade Cryptocurrency Exchange Work?
You will be able to use this company to make cryptocurrency exchanges with other users from the same company by paying low fees. The company will not have a lot of different currencies at the beginning, but they will upgrade their number of tokens soon.
The lending platform will let you lend a certain quantity of money to the company and you will be paid with interest when you take your money back after a certain number of days. You can see the investments that you can make:
- $100-999 USD: 1.5% Daily for 210 Days;
- $1000-4999 USD: 1.5% + 0.15% Daily Bonus for 180 Days;
- $5000-9999 USD: 1.5% + 0.20% Daily Bonus 120 for Days;
- $10000-99999 USD: 1.5% + 0.25% Daily Bonus 90 for Days;
- More than $100000 USD: + 1.5% + 0.35% Daily Bonus for 60 Days.
How To Invest In Chrysos Coins?
At the moment, the Initial Coin Offering (ICO) of Chrysos is over. This means that this company has already sold all of its tokens and you cannot buy them anymore for the best price. You have two options if you still want to give Chrysos a chance and invest in this company.
The first option is to invest by buying the tokens of the company on any cryptocurrency exchange which sells them. You will have to pay the market price for them but they will still probably be profitable because this token is still pretty new.
The other option is to use the platform. Independently of you buying the tokens or not, you will be able to enjoy all the features of this company if you decide to use its platform. The registration is free, but you have to pay a fee for the transactions.
Should you invest in Chrysos? Not really, unfortunately. This company lacks any special feature that would make it an investment that you really have to make. Chrysos is just another exchange with lending features which will probably not fare very well in the market. In fact, since the ICO of this company has already ended, you have even fewer reasons to invest in this company at all.
Even if Chrysos might have been a good investment during the ICO, which was really not, it is not right now, so just save your money and enjoy the opportunity that you have to invest in better companies than this one instead. You do not really have a lot of reasons to waste your time and money on such an unoriginal company like Chrysos.
The choice is obviously yours, but we believe that you would not be making a very wise choice if you decided to invest in Chrysos right now. In case you want to use the exchange platform, sure, you can use it if you want, but the cryptocurrency will probably not become the next huge profitable coin of the cryptocurrency market, so you should just ignore it.