Cardanopays Review

Cardanopays (cardanopays.com) is supposedly an all in one investment platform which deals with pretty much any of the digital assets like stock, crypto, forex, bonds, etc.  

This company advertises returns of up to 12,550% after just 75 days.  There is no doubt about the fact that this platform is a simple ponzi scheme and all the returns claims are just fabricated lies.  

After going through all the information put up by these shameless scammers, we believe that they are specifically targeting newbie investors as they are much more likely to fall for their cheap marketing tricks.  

If you want to know everything about fake investment platform then continue reading our full review where we have unraveled all their agendas.

Cardanopays.com - Scam Review

Company and Contact Details

Regulatory authorities for decades have been trying their best to prevent innocent investor falling prey to online get rich quick scams.  Strict rules and been enforced on firms which provide financial services to the retail investors.

Cardanopays is an ICO which basically uses funds raised from the general public for investing and allied activities, the investors are entitled to get predetermined returns after certain time period.  While we were checking the legitimacy of this firm, we couldn’t find any certificate they must lawfully hold.

We have confirmed through FCA this firm has never been licensed which means they are operating illegally

These scam artist feature some sort of registration certificate on their website but that does not mean that they are authorised.  

Here are the contact details of this firm:

Address – 9th Floor 6 Bevis Marks, London EC3A 7BA, United Kingdom.

Email – support@cardanopays.com

How does Cardanopays.com Work?

This company states that it is an international crypto trading consulting agency that specializes primarily in stock trading, bitcoin mining, debt and anti-crisis management and real estate management, all these claims are made to lure in all type of investors.  

This agency apparently operates through a vast network of freelancers, investment manager, individual traders and venture capitalists.  This narration does not make any sense. We are not briefed upon how the funds raised are utilized or allocated. There is no information about diversification or risk profiling.  

We have no clue as to what indicators or parameters are considered by this firm before executing a trade.  How can any rational investor trust this firm without knowing the exact plan of action?

Promises

If there is one thing all scammers offer that is hopes and dreams of making vast amount of money.  These crooks offer 6 investment plans wherein the amount of returns tops out at 12,550% which is obviously fake.  

Here are the complete details of the investment packages:

VIP plan

Returns – 200%

Duration – 1 Hour

Minimum Deposit – $500

Cardano

Returns – 10% Hourly

Duration – 15 Hours

Minimum Deposit – $1

Standard 1

Returns – 350%

Duration – 3 Days

Minimum Deposit – $1

Standard 2

Returns – 1,450%

Duration – 15 Days

Minimum Deposit – $1

Premium 1

Returns – 3,500%

Duration – 30 Days

Minimum Deposit – $1

Premium 2

Returns – 12,550%

Duration – 75 Days

Minimum Deposit – $1

Affiliate Program

The amount of money a ponzi scheme makes depends on their marketing ability.  In order to earn as much as they possibly can before they get shut down, these scammers offer an affiliate program wherein they offer high rewards to anyone who brings more people on to their platform.  

Cardanopays.com - Referral Program

The affiliates promoting this service are paid a fraction of cumulative deposits made by their referrals.  On top of the commissions the affiliates are given access to some marketing tools which helps them to monetize their traffic efficiently.  It is not compulsory for the affiliate to be an active investor in order to get their share of the revenue.

Domain Insight

According to whois.com this domain was registered on 19/07/2018 and it expires exactly after one year.

This website has a global rank of 1,030,384 and it ranks 35,979 in Singapore according to alexa.com.

The majority of the users coming to this website are from Singapore, United States, India, Vietnam and Russia.

Deposit and Withdrawals

The minimum spend is $1 and the minimum withdrawal amount is $0.10.  The e-currencies accepted by this platform are Bitcoin, Litecoin, BitcoinCash, Dash, Ethereum, Dogecoin, PerfectMoney, Payeer and advcash.  

We do not know whether there are any transaction fees associated with deposits and withdrawals.  They state that the withdrawals are processed instantly but sometimes may take longer.

Is Cardanopays.com a Scam?

No doubts about that,

This platform is as deceptive as it can be.  It employs all the shady practices of a scam.  The identity of any person involved with this fraudulent firm cannot be traced.  Considering all these points it is clear that this firm is an unreliable ponzi scheme which might pay some clients every now and then to instill hope and trust among the investors.  

If you were lucky enough to get a payment from them do not dream about getting rich instead avoid any kind of interaction with them.  Always remember at the end of the day they are unregulated, once they get shut down there is absolutely nothing you can do to get your money back.

Cardanopays Review Conclusion

Cardanopays is just a lousy scams designed to attract newbie investors and flee away with their hard earned money.  There is no such thing as guaranteed returns because of the level of uncertainty present in the market.

Just like any other profession, trading has certain prerequisites and even after learning them in reality there is no way of achieving profits the kind of profits these fraudsters advertise.

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