Crypto Binary is yet another binary options trading robot which promises to make huge profits for its users. So does it really work or is Crypto Binary just a scam?

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Our team of experts made a study of this binary options robot and found that it does not rate high. Also, there is no significant information available about them.

Since there wasn’t enough data to analyse, our team cannot guarantee you that Crypto Binary is safe enough to invest in. You are given the opportunity to Proceed to Safety OR Choose one of the Top10BinarySignals.com approved Binary Options Robots:

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Introducing CryptoBinary

Binary options service providers, regardless of them being brokers or robots, have begun to diversify. Nowadays, not only finding a legitimate online trader is almost a mission impossible, but finding a pure one is just as difficult. An example of that is CryptoBinary – supposedly a binary options brokerage, which provides an automated trading software and has more in common with High Yield Investment Programs (HYIPs) rather than traditional binary options trading. The following review presents to you CryptoBinary and our thoughts on it being a scam or not.

Is CryptoBinary a Scam?

The first thing that should leave an impression from any binary options trading provider you come across is the availability of a license. CryptoBinary and the company CryptoBinary Ltd. claim on the site that they are licensed and regulated by CySEC. This is a sign of legitimacy if only it were true. Everyone can go on the CySEC website and check if such claims are true or false if they know the name of the company that owns the platform.


In the case of CryptoBinary, we were unable to find any confirmation of the claim that they are licensed by CySEC. This lie is a major reason for concern and show use that CryptoBinary is most likely a scam. Opt for a provider that is actually regulated and a binary options system you can actually trust instead of taking a chance with CryptoBinary.

How Does CryptoBinary Work?

Crypto Binary is a company that focuses on managing financial resources, more specifically – mining cryptocurrencies and binary trading. CryptoBinary’s team of investment experts is claimed to have developed a highly accurate automated trading software. Your funds are also managed by said team. All of the investment plans are for 90 days. The differences are in the minimum and maximum investments and the daily return rates:

  • Ethereum – 2% daily, minimum investment of $20, maximum of $200.
  • Dodgecoin – 2,5% daily, minimum investment of $210, maximum of $4,500.
  • Litecoin – 3% daily, minimum investment of $5,000, maximum of $14,500.
  • Bitcoin – 3,5% daily, minimum investment of $15,000, maximum of $24,900.

These exact investment plans are a clear indication of the type of scam this binary options brokerage is – a HYIP. You will not be able to use their binary options trading software yourself, instead your funds and investments will be managed by their team. And this is something we do not really like as traders. The risks are too high. There are already lots of users’ complaints and we cannot recommend this online trading solution as good for your needs.

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How to Get Started

If want to risk it and join Crypto Binary, the sign up process is fairly simple. You choose your investment plan and fill in the form. You have to choose your preferred way of funding this account – there is a variety of payment methods, including e-currency. Still, if you are in need of an online trading solution for the purpose of generating additional income, traditional binary options investments are a much better choice.

Final Verdict on CryptoBinary

Our investigation led us to believe that CryptoBinary is more likely to be a scam. It is more of a High Yield Investment Program than a brokerage or a binary options robot, although it has the characteristics of both. The fact that the creators of CryptoBinary lied about the license from CySEC is our strongest argument that CryptoBinary Ltd. is not to be trusted. If you join them, you risk losing your funds and investments. We cannot guarantee you neither reliability nor safety with it. There are much better alternatives on the market and you should opt for one of them.

Conclusion

After making a thorough research, our team of investigators concluded that there are better signal providers than Crypto Binary . We browsed the web and forums and found many traders that were unsatisfied with the performance of this signal provider.

We cannot confirm if this signal provider is legitimate or not, that’s why we recommend you to Proceed to Safety by choosing one of the High-Rated and Accurate Signals providers trusted by Top10BinarySignals.com

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Aaron

Aaron

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I am Aaron Daughtry and this is my blog about Binary Options Brokers, Signals Providers and Auto Trading Systems.
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