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Crypto Contracts App is a new self-proclaimed trading robot for the crypto industry. This platform allegedly helps investors generate an average of $1300 in profits per day. Moreover, they ask for a minimum deposit of $250 but will keep pestering you to deposit more. The million dollar question here is whether Crypto Contracts App is a scam or legit trading robot. InsideBitcoins can confirm with 100% certainty that Crypto Contracts App is a scam.
We lost money in our live test and we can guarantee that you will lose your deposit if you register with them. There are a lot of complaints about this platform scamming unsuspecting users. We recommend that you stay away from it and instead try a tested and proven robot.
Is Crypto Contracts App a Scam? Yes!
Crypto Contracts App is one of those get-rich-quick schemes that promise heaven but delivers hell. They guarantee traders a profit of above $1k per day but those who have tried it report making zero profits. Even worse, they do not allow traders who opt out before live trading to withdraw their capital.
InsideBitcoins investigation shows that traders who engage in a real-time trading experience consistent losses until their deposit depletes. It takes less than an hour for an account with a deposit of $250 to go into the negative. During our live test, our $250 deposit was wiped out in less than an hour. We made a profit of $2 in the first five minutes after which it was all downhill.
From an in-depth analysis of individual users’ reviews, we believe that the Crypto Contracts App reports predetermined results. There are several other reviews that report a $2 profit in the first five minutes and consistent losses until the deposit finishes. It is typical of scam robots to report consistent losses from the beginning to the end.
What is Crypto Contracts App?
Crypto Contracts App is a scam platform camouflaged as a crypto trading robot. Our investigation has determined that this platform operates together with scam brokers to defraud traders of their money. They present a webpage that mimics a real trading robot to get unsuspecting users to deposit money with them.
For the record, crypto trading robots refer to computer algorithms that can automatically analyze the crypto markets for data and place trades. These algorithms tend to be more accurate than humans given that they derive insights from big data. Additionally, they can do so within milliseconds. Accuracy and speed are the two most important factors in trading.
Top trading robots such as Cryptosoft apply cutting edge technologies such as Artificial Intelligence and Machine Learning to analyze big data. This makes them the best for the highly volatile crypto markets. Cryptosoft in particular reports an average profit of over $1k per day from an investment as little as $250. Read our Cryptosoft Robot review or click the trade button in the table below to start trading.
How does Crypto Contracts work?
Once a user deposits money with the platform, the scammer behind the platform shares it with the sham broker facilitating the transaction. Crypto Contracts App also works with affiliates who get a cut for every deposit made through them. This platform does not involve any live trading. What they offer investors is a cleverly built webpage that mimics a real trading platform. As mentioned earlier, this webpage is set to report predetermined losses until the trader’s deposit finishes.
Like most scam robots, Crypto Contracts App uses emotional marketing. Their target market is the average person with financial difficulties. The testimonials on their website are mostly about people who were paupers before they came across the robots. Without a doubt, the scammers behind this platform are heartless and will do anything to get your money.
We recommend that you read our Top Bitcoin Robot 2019 review if you are looking for tested and proven trading robots. InsideBitcoins carries out rigorous research to differentiate between a scam and legit robots. Keep reading to learn more about Crypto Contracts App.
Who Founded Crypto Contracts App?
Crypto Contracts App does not reveal about its founder or team. This is not unexpected for a scam trading bot. It also does not reveal about its partner brokers until you make a deposit. This is because the brokers are well-known scammers meaning that no one will sign up if they know who they are dealing with.
They also do not disclose about their legal registration and supporting team. Moreover, there is no information about their support team and they do not provide a traceable phone number. What this means is that no one can trace them. When you deposit money with them, there is no way to hold them accountable.
Legit trading robots usually provide legal registration information and details about founders. They also partner with regulated brokers only. With these robots, you are assured of deposit safety since they are required by law to protect you. Read our Bitcoin Code review for a legit and highly secure trading robot.
Why you should not sign up with Crypto Contracts App
Crypto Contracts App: Key Features
While the Crypto Contracts App verification process is simple, it is unsecured. They are likely to share your data with other scammers and cybercriminals. Do not register with them.
Crypto Contracts App guarantees traders a return of $1500 per day from an investment of $250. However, InsideBitcoins investigation reveals that traders make zero profits through this platform. Furthermore, they will steal your money if you deposit it with them.
No money back guarantee
Crypto Contracts does not refund deposits to traders who opt out of live trading. This is because it is a scam aimed at stealing from traders. They won’t respond to your messages if you are asking for help during withdrawal.
Crypto Contracts is a scam trading platform that steals deposits from unsuspecting users. They claim to be free but you will lose your money if you sign up with them. Beware of robots that claim to be 100% free since they are likely to have hidden agendas.
This robot has a generally negative online sentiment. The majority of people who have tried it report losing money. We have determined that the testimonials on their website are all faked. The images used are from stock images sites. This is not unexpected for a scam trading platform.
InsideBitcoins investigation shows that Crypto Contracts App does not respond to inquiries unless they relate to making a deposit. This is because the only thing they are interested in is your money. They only provide email as the channel of communication.
Is Crypto Contracts legit? The Verdict!
Crypto Contracts App is a big scam and you should avoid it. Our live test shows that you will make consistent losses if you deposit your money with them. There are a lot of complaints about this robot disappearing with traders’ deposits. InsideBitcoins can confirm that this platform does not have a legit trading technology. What they offer is a webpage cleverly built to mimic a real web-trader. The page is set to report predetermined results. This is typical of most scam trading robots.
Furthermore, Crypto Contracts App partners with scam brokers. We have determined that these brokers are not regulated and have a poor reputation. Additionally, this platform does not disclose crucial details such as legal registration and founders’ identities. We recommend that you stay away from it and instead try a tested and proven robot. InsideBitcoins conducts intensive research to differentiate between a scam and legit robots. Click the trade button in the table below to start trading with a legit trading robot.