Crypto Wealth Creator is a binary options trading website that uses falsified testimonials, paid actors, outlandish claims, and technical jargon to goad you into falling for one of the oldest tricks in the book: tricking you to sign up for an unregulated online broker that will take all your money.
What Is Crypto Wealth Creator?
Crypto Wealth Creator is supposedly the brainchild of one Max Carney, an investor-turned-philanthropist that helped create a breakthrough trade signals algorithm for the cryptocurrency market and is now literally giving it away for free out of the goodness of his heart.
The truth, of course, is that there is no Max Carney; the true creators of Crypto Wealth Creator are anonymous. The site’s registration is private, making it impossible to know who’s behind it; Alexa points to Nigeria as one of the possible locations for Crypto Wealth Creator, based on the amount of traffic it receives from that country, but the real location of the site – and the identity of its administrators – is impossible to know for sure.
Crypto Wealth Creator Product
Crypto Wealth Creator’s “product” is a miraculously accurate trade signals algorithm that will tell you, with unerring accuracy, what to buy and sell, and when to do so, in order to make a profitable trade any time.
Users sign up for free, and then open up an account at a “trusted broker partner” of Crypto Wealth Creator in order to fund their trading account. Then, the cryptocurrency trading bot goes to work, supposedly making you thousands of dollars a day without any input or oversight from you.
Crypto Wealth Creator Opportunity
Crypto Wealth Creator sells you hard on the opportunity to create nearly unlimited passive income through its “free” system, as it only requires a little seed investment money of your own to power your broker account. How magnanimous of Max Carney to provide access to Crypto Wealth Creator for free! It’s almost too good to be true… because it is.
Crypto Wealth Creator Verdict
There’s no such thing as a free lunch, no matter what Crypto Wealth Creator tells you. The “foolproof” trading algorithm doesn’t work – it’s about as accurate as flipping a coin, if not worse – and it’s designed to simply drive new recruitment to unlicensed, fly-by-night online brokers in return for referral kickbacks.
Please don’t be fooled – binary options trading scams like these are a dime a dozen, differentiated only by the tale they tell their prospective victims. Tactics like fake testimonials and using paid actors to portray the founders of a specific company are all too common in order to provide a veneer of respectability, but the bare truth is that all – or nearly all – of these outfits are just trying to get referral payments from unscrupulous online brokers by any means necessary. If that means blatantly lying to you, then so be it.
In other words, avoid Crypto Wealth Creator. You will not get rich if you sign up and use its software. In fact, just the opposite could occur if you invest too much.