Crypto binary is a new binary options brokerage that has close ties to the high yield investment program market. There are a handful of review sites claiming that this broker is a scam so it’s important that we take a closer look at it today.
In order to make sure this is a worthwhile investment will be doing an in-depth review analyzing what this brokerage has to offer the binary options community.
Crypto Binary Review
The crypto binary service offers 4 different investment plans. The Ethereum, which requires a minimum investment of $20 and will provide 2% daily with a payout coming after 90 days. The Dodge coin which requires a minimum investment of $210 and provides a 2.5% daily return. The Litecoin which requires a $5000 investment and provides a 3% daily return and finally the big coin which requires a $15,000 investment in order to gain a 3.5% daily return. These numbers are large and the developers of the system claim they can achieve these percentages because they have a group of expert traders. Yet, there is no proof that they can hit these numbers and there are no clients online claiming to have had success with this particular program.
While the title is crypto binary it’s quite apparent that this is not your usual binary options system. This is certainly a high yield investment program which is a type of market that I’m really not interested. I feel that the HYIP market is very dangerous because you are investing money with someone you don’t know and there’s really no guarantee that you will ever get a return.
In this case, cryptobinary claims to be certified and regulated by CYSEC which is important to me but this is a statement on the website. I would like to see proof on the CYSEC website that this is actually true. I appreciate the fact that the people behind the system claim to have 12 years of investment experience but it hasn’t come with this company because their domain was just registered 3 months ago. This fact alone makes it very difficult to invest. I don’t see why anyone would be interested in any investment firm that only has 3 months experience as a firm. Even if they have experience with other companies, I would rather wait and see if this company is successful instead of being a guinea pig.
At this point in time I am not interested in crypto binary, partly because of how new this system is to the market but mostly because it is not really a binary options system. This is a HYIP service, and I really don’t trust anyone else to invest my money, especially people I’ve never met.
Please let me know what you think about this new service and if you’ve tried it let us hear about your experiences.
I appreciate the time you spend here at binary today and hope that you spend more time learning which binary options software and binary options brokers are yielding the best returns from real traders.