Do you want to get rich from cryptocurrencies – but you want to avoid doing any hard work? Crypto Auto Trade might be the right choice for you. Here’s our review.
What is Crypto Auto Trade?
Crypto Auto Trade, found online at CryptoAutoTrade.com, is a cryptocurrency trading platform. The platform promises to make profitable cryptocurrency trades on your behalf. You just deposit a bunch of money into the platform, and a magical trading robot will turn it into more money.
Obviously, you should be skeptical any time a website promises easy money online – especially when you start seeing words like “automated” and “cryptocurrencies”. A number of amateur investors have been drawn to the cryptocurrency world after hearing stories of “easy money” by buying and holding bitcoin.
Is Crypto Auto Trade a legitimate investment opportunity? Or is this yet another cryptocurrency scam? Let’s take a closer look at how Crypto Auto Trade promises to make you rich.
How Does Crypto Auto Trade Work?
Crypto Auto Trade lets anyone sign up using the online form at their official website. After you sign up, you deposit money to a broker then gain access to the company’s “unique automated trading software”. The company also claims to have a network of professional traders who will send trading signals on bitcoin, Ethereum, Litecoin, and other digital assets.
You’ll have access to a dashboard where you can customize your trade options, adjust trading parameters (like daily stop loss, max daily trades, and reverse trading), and check advice from professional traders.
In reality, Crypto Auto Trade is hiding a crucial fact: you don’t actually invest in cryptocurrencies through the platform. You’re investing in binary options (called “fixed return options” or FROs on the official website). After you open an account, you’ll participate in binary options trading through the Crypto Auto Trade platform.
The platform claims to be free to use. However, they also recommend depositing $500 to $1,000 for maximum effectiveness. Once you sign up for a broker through their website, you’ll discover the brokers have a minimum deposit of $200.
Who’s Behind Crypto Auto Trade
There’s no information about the founders of Crypto Auto Trade available online. The company does not mention any address, nor does it list any members of its management team.
It appears that Crypto Auto Trade was created by an affiliate working on behalf of BinaryPowerAffiliate.com. That platform promotes platforms like “Binary Robot” and “Binary Option Auto Trading” – so it makes sense that Crypto Auto Trade would be linked to their services.
In any case, that platform offers 15+ brokers and multiple trading platforms.
Crypto Auto Trade Conclusion
Crypto Auto Trade promises to make you rich quick with no work or skill required. You just give the company a bunch of your money, and they’ll turn it into more money using a magical “automated trading platform”.
Ultimately, Crypto Auto Trade appears to be a lead capture website for a binary options trading platform. You give the company your information, and then they’ll refer you to a binary options trading platform listed as part of the Binary Power Affiliate network. You deposit money into the platform, then participate in “automated binary options trading”.
Binary options trading is risky. Many claim it’s more like gambling than investing. There’s no easy money unless you get really lucky. You can decide for yourself if Crypto Auto Trade is a legitimate investment opportunity at CryptoAutoTrade.com.