Cryptomatic App: Is it a Crypto Trading Scam or is it Legit?

What Is CryptoMatic App?

CryptoMatic is new cryptocurrency trading software that automatically trades Bitcoin over the internet. David Fox, the app creator, claims that he developed the app five years ago with the aim of making it possible to trade and benefit from Bitcoin.

The platform features advanced trading strategies that allegedly enable traders generate one to two bitcoin per week. Additionally, the platform creator claims that the team behind CryptoMatic App consists of people with vast experience in the financial and technological world and earned millions from cryptocurrency.

How CryptoMatic App Works

To begin trading on CryptoMatic, users are required to provide their name and email address after which they will be directed to the member area. The user will then have to deposit 250 Euros and the app will automatically trade on their behalf.

How Safe Is CryptoMatic App?

Various aspects of the CryptoMatic App indicate the app is a scam. They include:

Lack Of Information

There is no information on the CryptoMatic website, about how the system functions, its trading process, or the technology behind the app. This makes the app seems suspicious, as there is no way know how the app actually works. Besides, the website does not state how users can contact the creator or customer support team in case of issues while trading.

Fake Creator And Testimonials

A quick internet search on the David Fox, the alleged creator of CryptoMatic did not return any results, which highlights the fact that he is a fake character and doesn’t exist. There are also pictures and testimonials of people who claim that they have been making money from the app, however, the photos used are from a photo database, and the names used are not genuine.

Cryptomatic App Conclusion

For individuals who want to make money from cryptocurrency trading, it is advisable to carry out thorough due diligence in order to avoid losing funds from fraudulent platforms that promise huge returns over a short period. Moreover, traders should consider using regulated brokers on platforms with proven reliability.

This website is possibly a scam. We cannot confirm whether the information provided in the website is true.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide