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Crypto Genius is the brainchild of a man identified as Chris Peterson. This software promises its user to generate an average daily profit of $5,900. According to him, he hired a team to develop the cryptocurrency trading software with an algorithm that makes it faster than any other software in the market. Are these claims true? Our review reveals otherwise. Crypto Genius is a scam that should be paid no attention. However, we have found that Cryptosoft is a legit robot which can bring you solid profits.
- 1 Is the Crypto Genius a Scam? YES!
- 2 What is the Crypto Genius, and is it a Scam?
- 3 Who founded the Crypto Genius?
- 4 Why the Crypto Genius is a Scam
- 5 The Signup, deposit, and trade process on Crypto Genius
- 6 Have people made money with the Crypto Genius?
- 7 Recommended robots
- 8 Crypto Genius Review: The Verdict!
- 9 FAQs
Is the Crypto Genius a Scam? YES!
In a bid to deliver important news to our esteemed readers, InsideBitcoins have done adequate research about this automated trading platform and have observed the following:
Although the use of Bitcoin robots to trade cryptocurrencies is a valid way of earning through cryptocurrency trading and investment, scams infiltrate the system to confuse the public. A close study of this scam trading platforms shows it is a well-arranged scam. Claiming to search for the most profitable trading signals for cryptocurrencies like Bitcoin, Ethereum, Ripple etc., and this software has duped many unsuspecting investors. With many unrelated stories, Chris Peterson tries to convince that his software is not a scam. He claims there is a South Korean fiber optic technology which helps the app take a good trading position faster than other software, this, in fact, is not true, there is no such technology, it is a bunch of crap put together to sound official.
Requiring a minimum deposit of $250 before trading, Crypto Genius sounds contradictory against its initial statements which confirms that the app is free to use for all registered users. Launched in December 2017, Chris claimed also that the total accumulation value of cryptocurrencies this Crypto Genius software has traded is pegged at $13 million. Wow, that seems huge. However, there is no official validation from any regulatory body or member. With fake reviews showcased on its website, Crypto Genius is only but a SCAM which should not be engaged with.
What is the Crypto Genius, and is it a Scam?
Yes, the Crypto Genius software is a scam. This can be proven from all indications. After creating an account with the platform, the user is connected with a broker to trade cryptocurrencies called STOX Market. A quick background on this broker site reveals that it is an unregulated broker site and it was created solely for the purpose of scamming unsuspecting customers. There are many other unlicensed broker websites used to perpetrate this act.
As earlier stated, this app was created by Chris Petersen. However, our research proves that this character is only fictitious and that is not its real image. The image of Chris Petersen is an image available on iStock. Thus, the image was either stolen or bought from the platform. The characters in the video on the platform also are internet actors paid to act as investors and real users of the imaginary trading system. Although the software can be accessed on mobile phones (Android and iOS), computers (Windows, Mac, Linux), the information displayed on the platform makes it a SCAM to watch against. The information is unverified, untrue and unrealistic. Having read a lot of reviews about this software, many who have used it in time past complained about the system with most of them having withdrawal problems after depositing, and trading.
As a rule of thumb, to unmask a scam, observe the platform, if the platform presents services that are risk-free, booming and contains a lot of excitement from parties to vacation, these are signs to show that the program is a scam.
Who founded the Crypto Genius?
Crypto Genius was founded by an anonymous individual called Chris Petersen. Having researched this personality, it was observed that this wasn’t a real human but rather an image bought from Shutterstock as can be seen in the image below. Searching for the registration details of the domain name the same way we did for Crypto GPS, we searched for www.thecryptogenius.com and we found out that its registration details were all kept private. Thus, having a face who we found out to be an image bought or stolen from Shutterstock, and private details of the domain name, all these lead to only one conclusion. CRYPTO GENIUS IS A SCAM!
The Signup, deposit, and trade process on Crypto Genius
Crypto Genius is a platform that claims its software is free for all its registered users but requires $250 to activate trading. From here, one can easily get the trick being used. After registration on the website, the trading platform connects the registered user to a broker website to deposit funds for live trading. This platform has connections with different unlicensed crypto brokers i.e. STOX Market etc. such that when there is a deposit, the platform shares the money between them.
After all of this, the system supposedly deposits the funds into the account and the money is seen in the account. With trading, the money would be increasing by the day showing profits are coming in. However, this is where the problem lies, upon sending a withdrawal request, the request would not be accepted nor attended to. Contacting support is also a dead end as there would be no response. At this point, it is clear the whole process was a scam.
Have people made money with the Crypto Genius?
In the course of the research of this software, all testimonies shared on other platforms asides from the software’s web platform were negative reviews. This goes to further assert that there is no one, not one that has earned money on this trading platform.
The presence of fake and scam robots doesn’t mean that there are no good robots in the automated trading industry. There are quite a number of them, however, one of the best which we recommend greatly is Cryptosoft.
Crypto Genius Review: The Verdict!
Having brought to light the status of Crypto Genius as a scam. It is important for you to know that the software is not trustworthy. They are only out to manipulate you with sweet information. Only gullible people would trust such systems where you would just earn a lot of money doing nothing. Asides from the fact that this system deceives with the data showing profits, this system also lies with its bogus claims of making thousands of dollars daily. So, once again, we do not recommend this software and it is a TOTAL SCAM!