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Cryptocurrency

Published on January 21st, 2020 | by Sara Kane

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Crypto Engine Review: Are You Aware of All the Facts?

Crypto engine is one of the most recent developments in terms of service that claim to help you make a profit from cryptocurrencies. This service is based on many of the same principles that other such companies have proposed. Unfortunately, they all have turned out to be scams. Crypto engine is basically a website that offers services in which you can trade bitcoin for other cryptocurrencies for a profit. They claim to have a system that allows users to have an accuracy rate of over 90%. Crypto engine promotes the assumption that bitcoin will always be rising in value and so you don’t have to worry about not making profits.

Crypto engine is an online-based scheme in which you have to register on their portal to access the so-called 90% success formula. However, they provide little information regarding their legality. There is no phone number, no addresses or registration details of this company. We do not even know which country this website operates from. While they do have a website: http://cryptoengine.com/, there has been little to no relevant information. They absolutely have not explained “how” they can make you the promised profit share and whether the results are verified or not.

Crypto Engine Review

The company that operates Crypto engine is an online company. They have based tier claims on a similar foundation that many other such scams have done. For example, they claim that bitcoin will continue to rise, even though the current market conditions point to the contrary. The Crypto engine supposedly analyses data from the whole crypto market and identifies the most profitable trades. The business uses this to claim that you could make up to $21000 in a single day. However, generating such profits usually requires a careful consideration of the markets, which is impossible to achieve when the markets are not profitable. So the claim that bitcoin and other cryptocurrencies will always be on the rise, is simply false. Additionally, there are no machines that can predict the behavior of human traders, which makes it impossible to achieve a success rate of 90%.

Strategy

The strategy of Crypto engine is similar to that of other such so-called trading robots. They claim that they can use robots that operate on AI to assess the crypto markets accurately. However, they also claim that access to this software is completely free. This makes no sense as the company would not be profiting from the business. This is the first sign that it is a scam. Additionally, they connect with so-called ‘robot-brokers’ who will transfer your money more effectively than a human broker. However, there is no such thing. In reality, these are real brokers who have become famous for scamming other people through various fraudulent programs. This means that the brokers are likely to disappear without a trace and the blame could be put on the ‘robot’. Most crypto companies scam their users through such brokers.

Analysis

  • Product: Crypto engine
  • Company: Unregistered
  • Trading results: Unverified
  • Customer reviews: Negative
  • Software Cost: Free
  • Initial investment: $250

Trading Results

Most such companies claim that their product can deliver profits of many times the original amount invested. However, there are no legitimate ways to generate such profits without incurring high levels of risk. In most cases, the amount you invest is proportionate to your earnings. Crypto engine also claims that its users can become millionaires in a few months. They show the trading results of many of their previous clients as well as how much profit they had earned. However, all these results are fake and could not be verified through any external source. It appears that these stories were made up. This shows that it is a scam and should be avoided. The only results that such scams will produce are losses for the customer.

You may be interested in looking into other similar platforms…

Client Feedback

Most of the client feedback surrounding the Crypto engine is negative. Many customers have complained that the app showed how much profits they made and then the broker refused to let them withdraw. Brokers also demanded more investment without releasing the initial investment. However, many sponsored review sites have given positive reviews of the Crypto engine. It appears that they were funded by third parties as the independent client feedback was completely negative. The positive feedback could not be verified through an independent party. This negative feedback points to the fact that the Crypto engine is a scam.

Conclusion

Most people try and invest in get-rich-quickly schemes. They usually fall prey to scams that promise high levels of profit without any risk. Crypto engine seems to be just another scam. It promises continuous positive results that are not substantiated by market evidence. In addition to this, they have a system of unregistered brokers that usually try and scam more than your initial investments. Therefore, you should always conduct thorough research before wasting money on such scams.

Have you had an experience with Crypto Engine? We’d love to hear your opinion about it, so leave a comment below…!

– Happy Trading!

Crypto Engine

$250

4.4

Price


5.0/10

Strategy


2.1/10

Results


2.1/10

Feedback


6.0/10

Support


6.9/10

Pros

  • Crypto trading

Cons

  • Little legitimacy or explanation


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