Cryptoseven.biz is an online investment opportunity which supposedly generate returns of up to 18% on a hourly basis. Their claims are nothing but empty promises which are just used to catch your attention. This service has been active for less than a month as of writing this article. While we were investigating this service, we found a lot of highly misleading information and outright lies sprinkled all around this website. Read our complete and unbiased review to find out why you should never mess with this fraudulent platform.
Creator, Company and Contact
Though we went through all the information put up on this website, there wasn’t a clue about the creators or developers behind this platform. The lack of transparency is a common trait seen in most of the scams.
The actual creators behind this platform have maintained anonymity just to avoid criminal prosecution.
Companies which provide investment advice and financial service to the general public have to be regulated by certain authorities depending upon their geographical location. This firm does not reveal any of the licenses or certificates they must lawfully hold. While we were trying to validate their services, we couldn’t find a single document they must legally hold.
We strongly believe these scam artists are operating illegally and they have no rights raise money for investing and trading purposes from the public.
To appear genuine in front of the investors, they have provided physical address and contact details of their firm.
Address – Tower Financial Center, 50th Street and corner of Elvira, Mendez Street, Panama City.
Email – email@example.com
Telephone- +507 315 8474
How does Cryptoseven.biz Work?
This firm claims to be involved in both the crypto currecy trading and mining activities but does not provide much detail about anything. Since there is no verifiable performance report of these so called investment experts, there is no evidence to prove that they are profitable.
We are not told about what parameters are considered before executing a trade. They do not talk anything about the money management and risk management technique it employs.
Do they think the investors are gullible enough to trust this firm with their funds blindly?
Crypto currency mining was one of the most attractive ventures a couple of years back. When the Bitcoin started getting a lot of media attention, the number of people engaged in mining activities increased. As a result of fierce competition the margins of profit in mining declined significantly.
Nowadays it is very difficult to earn a living from mining unless and until you have set up the mining farms strategically.
What kind of profits does Cryptoseven.biz Offer?
By looking at the kind of returns offered by this platform, anyone can become a millionaire within months but unfortunately that is not the way the world works.
There are 3 investment packages wherein for higher returns the investors have to increase their initial investment.
16% Hourly Profit
Starts From $3
Period – 7 Hours
17% Hourly Profit
Starts From $300
Period – 7 Hours
18% Hourly Profit
Starts From $3000
Period – 7 Hours
If you invest $3000 on this platform, you are getting $540 in pure profit every 7 hours. Sounds like a dream, right?
Most of the internet scams including this one have a primary motive of accumulating as much money as possible from registrations before they get shut down and disappear with your money. In order to reach more people this firm provides incentives to anyone who promotes their platform.
The affiliates are paid up to 9% of the deposit amount made by their referrals. There is also tier 2 and tier 3 levels on this platform.
Deposit and Withdrawal
The deposit and withdrawal methods accepted by this platform are Bitcoin, Altcoins, PerfectMoney, Payeer and advcash.
They state that the withdrawals are processed instantly.
According to whois.com this domain was registered on 23/06/2018 and it expires on 23/06/2019.
This website ranks 144,641 in Turkey and has a global rank of 3,569,123 according to alexa.com.
This service specifically targets users from Turkey, Indonesia, Bangladesh and Russia.
Is Cryptoseven.biz a Scam?
Claiming to do a lot of things at once by featuring a wide range of investment spectrum is just a trick used by scams to attract every type of investor.
If this platform really could generate the type of returns as advertised, why would they offer it for free?
Cryptoseven.biz Review Conclusion
Cryptoseven.biz is just another get rich quick scam which will eventually run away with your funds. Do not mess around this platform for any reason.