Categories: BrokersForex Brokers

CryptoBO – a crypto project or a scam?

The CryptoBO company positions itself as a profitable investment project that allows you to withdraw profits in bitcoins. The intermediary says that he serves 1,500,000 traders and manages large trading volumes. It offers its customers a multi-platform application that can be downloaded from the official website. In today’s article, we will tell you how an exchange intermediary works and whether it is worth trusting it. The investor will receive available information, on the basis of which it is possible to draw a conclusion about the potential for cooperation.

Broker project analysis

The official website cryptobo.com talks about fast registration and a generous bonus program. A new investor receives 500 Satoshi, which he can freely use to make profitable transactions. The company talks about the operation of its platform, which generates profits in three simple steps:

  1. Deposit. The market player must send bitcoins to a personal wallet created by the brokerage platform. You can deposit money using a payment system, credit or debit card.
  2. Receiving a profit. A trader can fix earnings up to 91% in 60 seconds.
  3. Withdrawal of earnings. Profits are received within 3 hours after the submission of the relevant request.

CryptoBO offers to trade cryptocurrencies 24 hours a day, 7 days a week. It does not set the initial deposit, and therefore the market player can independently choose the starting capital. Cryptographic currencies provide for complete decentralization, and therefore they are independent of external influences. At the same time, a market player should not make hasty decisions about cooperation with the project. Before starting practical trading, it is recommended to carefully check the reputation of the brand.

Features of the exchange intermediary

CryptoBO calls itself the world’s first binary options broker. It provides its clients with the opportunity to profit by analyzing cryptocurrencies. A market player can increase their own capital through a crypto exchange. CryptoBO talks about several important advantages of its platform:

  • The broker specializes in cryptographic currencies, and therefore provides a wide range of financial instruments.
  • The minimum trade size is 0.0,000,001 BTC. A market player can trade relatively small amounts.
  • There is a bonus of 500 Satoshi for training.
  • Quotes are supplied from the main stock exchanges, and therefore the client always receives fresh data.
  • High return on investment. For one transaction, you can get up to 91% profit.

An exchange intermediary talks about profitable market trading, but you should not believe empty words. The trader must understand that the company is interested in attracting new customers, and therefore it may publish false information. To understand the real state of affairs, you need to check customer reviews.

Conclusion: is it worth registering in the CryptoBO system?

On the network you can find quite a lot of comments about the fraudulent activities of the project. Affected customers talk about how criminals block accounts after applying for a withdrawal of funds. They do not pay out money, because they do not carry out any real trading. Scammers are engaged only in the fact that they collect money from gullible investors. We recommend avoiding a dubious project by choosing only reliable brokers for cooperation.

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