Cryptex.to Review – Another Dubious Staking Scheme

The Cryptex.to scam crypto platform wants to convince you that they’re your one-of-a-kind opportunity to get rich overnight by trading and staking digital coins with them. Without revealing a single piece of information pertaining to their registration and legitimacy, these cons expect everyone to believe their word for it. 

Reality is different and this Crypto.to review will show you how risky it is to trust promising deals that will eventually cost you dearly.

Nothing is Known About the Firm

It remains a complete mystery as to who owns the Cryptex.to exchange and what company the brand belongs to. Legal disclaimer in the footer of the homepage claims that Cryptex is a reputable brand with multiple trademarks, yet the owner of these is still not revealed. 

Nowhere online are there any traces of those behind the scheme, so we had no other choice but to base our investigation on searching through databases of regulators. 

After inquiring with CNMV, FCA, ASIC, NFA, and CySEC, no results were shown. Such anonymous platforms are better avoided, including a notorious fraud going by the name of Abyss World Asset.

Same Ole Crypto Fraud

The Cryptex.to coin staking scheme is based on lies about high returns and staking rewards. Clients from all over the world, including the following countries are convinced that their financial growth should be based on investing in the mentioned fraudulent project:

• Germany
• Switzerland
• Austria
• France
• United Kingdom

While it goes without saying that suspiciously attractive new crypto projects should not be trusted, still many inexperienced investors fall for the lies. 

No matter how promising or alluring the statements of con artists like AI2Trade sound, you shouldn’t fall for them. After all, these miscreants are ready to say anything that would convince you to give them access to your assets.

High Ratings From Dishonest Reviews

Valuable insight provided by the Cryptex.to reviews on Trustpilot considers the fake ratings and more fraudulent tactics that swindlers resort to. Review selling networks are often engaged by unscrupulous exchanges to help them boost their online ratings. This has a strong influence on newbies that don’t read all the comments.

Unfortunately for the schemers, the truth is starting to surface, as defrauded users accuse the firm of stealing assets, displaying false information and impersonating other clients.

Furthermore, some of the targets were asked to pay payout fees in advance, which is yet another sign of scam. If you’re facing similar issues, contact us for recovery options.

Not an Honest Approach to Fees

Scarce information concerning costs doesn’t clarify all the aspects of paying for the company services. There’s zero deposit fees and a default fee for withdrawing in a particular digital currency:

• 10% BTC
• 10% ETH
• 8% ADA
• 10% HEX
• 2% PLS

Except for statements about being free to change these fees at any time without prior notice, the company doesn’t reveal any more details related to charges.

Referral Bonus – Sign of Ponzi Scheme

Clients who have registered for a Cryptex.to login can take part in the referral program. This is advertised by the company as a great solution for passive income. 

The affiliate structure encompasses 20 levels of participants and promises daily rewards. This is exactly the mechanism of pyramid schemes and ponzi scams.

Fewer Features Not Worth the Cash

Besides several staking options for not more than a few coins, there’s not much to discuss when it comes to specialized tools and technology. The platform consists mostly of advertisements of high passive income from referral programs and staking. Other than that, there’s no dedicated trading software or any reasons to invest here.

Only for Ponzi Scheme Participants

To successfully register for the platform, interested clients have to provide an email or username of a so-called “Upline Sponsor”.

This means that only those referred to the company by the existing members can join the community. Otherwise, the portal is closed off for those that don’t have contact with someone who’s already a member.

Simplified Staking Solution

The provided Cryptex.to app isn’t a typical crypto trading software. Instead, it’s only a terminal for fund transfers via digital currencies and a platform used to stake coins. 

Other than that, it doesn’t have any additional options, such as margin trading in the traditional sense. Lack of advanced functions and tools doesn’t quite make this software seem like a prestigious technological solution.

Only Several Assets Available

The Cryptex.to wallet supports only some of the most traded digital currencies. While popular exchanges grant access to hundreds and thousands of coins, this platform can’t exactly say the same. The only few assets available are: BTC, ETH, ADA, HEX and PLS.

Long Time to Payouts

Unless you decide to become a part of the financial pyramid scam and try to earn from alleged referral bonuses, payouts come between 36 and 84 months. That’s how long you stake your funds for. 

The same few crypto coins available for depositing and staking are also used for withdrawals. However, not a single person up till now has been able to withdraw a single cent from this unscrupulous site. As various negative reviews and complaints suggest, the firm steals all of the deposited coins and disappears without ever paying the clients their profit.

Can’t Be Contacted

We’re pretty confident that the platform doesn’t even have a client support office or any similar form of client assistance. Since there’s no communication channels enabled, there’s not a single possible way to get in touch with the help desk. Besides FAQs, nothing else is available if you want to learn more about your problem and how to solve it.

Don’t Wait – Report the Cons to Us!

Passive income indeed sounds like a dream come true – stable earnings without much effort. However, such ideas sold by financial cons and cybercriminals don’t actually help you profit and they’re completely useless. The sole purpose of such advertising strategies is luring victims into the financial trap. 

Don’t become one of the many struggling to pull out their investments from fake crypto investment sites. Contact us today and let our recovery experts handle your case. Don’t forget – your first interview is completely free of charge!

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