CapitalCastle is supposedly a mining solution which promises returns of up to 15% daily. The income claims are flat out lies. When we were investigating this service, we were convinced that this platform is nothing but a ponzi scheme. This service has been active for around 3 days as of writing this article. All the typical traits of a scam are present on this platform. Read our full review to find out why you should stay away from this fraudulent platform.
CapitalCastle Scam Warning-
As we have seen in many scams, the actual creator behind this platform have maintained complete anonymity. Every firm associates itself with a face or a brand in order to be transparent and engage interactions with the people. However, the faceless scammers behind this platform does not reveal any information which might reveal their identity because if they did so they would have to face prison. Will you invest money with some unknown person? We know we Wouldn’t.
CapitalCastle offers investment advice. This firm represent an ICO where in the funds are raised from general public for mining activities and depending upon their initial deposit are provided with a fixed return on investment. These type of activities involves heavy regulation all around the world. Though this features certain type of registration document on their website but that doesn’t mean they are authorized. We have confirmed through the FCA CapitalCastle Limited has never been licensed which means they are operating illegally.
A couple of years ago crypto currency mining was one of the profitable ventures which provided a good ROI. However, as times changes and the value to crypto hit the roof and grabbed everyone’s attention. Nowadays since many people have indulged in mining activities the profitability margin has drastically gone down. In recent times it is very hard to reach break even point in mining as the equipment costs have gone up and there is a lot of maintenance to be taken care of.
This firm never explains how strategic their mining farms are. They do not disclose the type of equipments used. How do they expect us to believe them without showing any concrete proof, no rational buyer will ever buy any plans on this platform.
CapitalCastle claims to generate returns of up to 15% per day forever. At this rate you are guaranteed to be a billionaire but unfortunately these returns claims are outright lies and no legitimate mining solution can never pay these kind of returns. High returns claims are used to lure in inexperienced investors who have no idea about how mining works. Ask yourself if this platform really generated up to 15% daily, why will they offer to the public for a minimal cost?
The only contact information provided on this website is an email address. Seems like these scammers did not have enough funds to hire a full customer support staff.
The basic investment plan on this platform starts at BTC 0.003 and goes all the way up to BTC 5.0001. For higher returns the investors have to ramp up their starting deposit. The deposit and withdrawal methods supported by this platform are Bitcoin, BitcoinCash, Litecoin, Dogecoin, Dash and Ethereum. They do not state how much time it takes to process withdrawals.
CapitalCastle offers a referral bonus program. Anyone promoting this fraudulent platform are handsomely rewarded. The affiliates are paid up to 8% of the deposits made by their referrals. Their main motive is to gather as many victims as possible before getting shut down and run away at the investor’s expense. Note that in order to get the commissions affiliates do not have to be an active investor.
This platform might even pay you a little gains every now and then but understand the fact that it is a ponzi scheme and can disappear whenever they like.
CapitalCastle Review Conclusion-
CapitalCastle is a phony mining platform which has nothing but empty promises to offer to their users. Don’t fall for any of their shady marketing tactics.
Review Date: 2018/06/29
Author Rating: 1/5
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