Cryptron Review: Cryptron.io Clearly this is a Scam

Cryptron is a company that is dealing with digital currency investment. They are offering several coins to investors. To become a member of this platform, you need to follow simple steps. Deposit funds, choose to either purchase or sell. Then set the duration to close your position.

However, this firm is overhyping itself with dramatic praise. The firm is an offshore entity that claims it is the leading CFD crypto trading venture. They have enticing deals for their clients. Nonetheless, there is a high chance that this is a scam in the market.

Cryptron has multiple red flags visible to investors. The entity does not have a functional trading platform for its clients. Moreover, the platform does not offer an MT4 or an MT5 trading interface. We highly doubt there is a legit business taking place in this entity.

Investors might come across marketers promoting this broker as a trustworthy entity. It has become the norm of these shady companies to advertise themselves using every means possible. You find that investors are quick to grab any opportunity without verifying whether a platform is legit.

This is the reason why people end up losing funds. Scammers have invaded the market, and they want to reap where they did not sow. They do not care about anything else apart from fattening their big pockets.

Cryptron.io Review

The trading conditions of Cryptron are not discussed. The entity fails to shed light on the spread which investors should accept from them. Nonetheless, the broker offers a leverage of 1:40 to their clients. The cap is higher than what the regulatory bodies approve.

It means that investors are exposed to more risks. It can take seconds to lose all your money. The investment service which the entity is offering is very volatile. Investors cannot predict the outcome of the trade. If you are not careful with the company you venture with, it is easy to be scammed.

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Cryptron is not a transparent platform. They only claim to be the best, yet there is much critical information missing from their website. We do not know how this entity is performing in the market. They want investors to believe every word the firm claims, yet there is no proof that it is profitable.

Ensure that you research before settling for every company that has a lucrative offer in the market. Invest with legit forex trading brokers that will not scam you. You will earn real-time profits while you are guaranteed your safety.

It is essential that you gain knowledge of the market before diving in blindly. Cryptron is a venture that can exit the industry without issuing the notice. You cannot sue them since they are an anonymous venture that is not regulated.

Withdrawal and Deposits

The company is accepting funds via BTC, Wire transfer, debit, and credit card. However, we cannot verify this information. If you want to test the water with a platform that is not reputable, we would advise you to use the credit card method.

This is because financial institutions have put up measures to mitigate fraud. They allow investors’ to issue a chargeback within 540 days. Unfortunately, crypto and wire transfers’ payment will lead to loss of funds. You cannot reverse the payment.

The minimum amount that you can deposit at Cryptron is $250. Investors can withdrawal a minimum amount of $30 for wire transfers and $10 for bank cards. Additionally, they also charge a fee upon cashing out.

The entity charges an amount of $25. We find this an outrageous requirement. Legit investment companies allow investors to withdraw for free. The cashing out process takes a period of 5 days to be complete. You need to be patient with this shady broker.

Cryptron considers an account dormant after 60 days of inactivity. They do charge a fee of 10% every month. The duration is short, and their charges are also outrageous. The red flag with this venture should not be taken lightly.

They do not hide their greediness to the public. It shows that the firm is only interested in the funds which investors deposit. The platform has a bonus for their clients. You will not find legit companies offering such rewards to investors.

Cryptron Contact Details

Cryptron is allegedly based at St Vincent and Grenadines entity. The area is infamously known for hosting fraudulent companies. The government of this country does not license investment companies. Therefore, this is an ideal place for scammers in the market.

The corporate that oversees this firm is known as Miracle Tree Labs LCC. There is nothing extraordinary about this platform. They feature a phone number and an email address. However, we cannot attest to the response rate of their team.

Regulation Status of Cryptron

Cryptron is not licensed or regulated in any jurisdiction in the world. The company is operating illegally without being monitored by anyone. Investors’ funds are not safe in this firm. The entity can go out of the market whenever they please.

Make sure that your safety is a priority by dealing with licensed brokers. The reason why we invest is to have an extra source of income. If the risks involved are numerous, then the company is not worth a try.

Cryptron is an entity that does not care about their clients. The platform is the operation on their own accord breaking the law. They do not have any intention of making investors rich. It is every man for himself. Avoid this broker at all costs.

Investors Feedback

Cryptron has several negative reviews that come from their clients. The company is being accused of calling random people without their consent. They are very convincing, and if you are not careful, you can lose all your money in a second.

There is a possibility that the platform originates from china. The salesperson who act as account managers always keep calling. They ask for $250, which, if you deposit, you won’t recover.  Additionally, they also market their bonus without disclosing their terms and conditions.

Cryptron claims that it has risk management ability that prevents their clients from making huge losses. Unfortunately, this is another way to win over their victims. There is nothing positive about this platform. Investors have already lost their saving with the scam.

The platform has not responded to the grievance of their clients. The support is not helpful as they do not respond to emails or phone calls. There is no reason to deposit funds with Cryptron. Clients have had a bad experience with them. It is, therefore, wise to look for a better alternative.

Final Verdict

Cryptron is a platform that has absurd trading conditions for their clients. The entity is not regulated, and neither does it offer fund safety to its clients. Their bonus has fixed measures that show the entity is only interested in the funds of investors.

You should not share your personal data with them. The entity might use your contact details to call you, making enticing offers. It is hard to resist the deals which scammers present, considering they are professional fraudsters.

Invest with legit forex trading companies that are reputable and genuine. They offer professional services to their customers. Additionally, your safety comes first, and you will enjoy great services. Try them today to have a unique experience.