Corona Millionaire – Crypto Trading Bot Review by Traders

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How to use Corona Millionaire – full review

If you google Corona Millionaire, you will find no website. Just review websites that are known for supporting fraudulent portals. This probably indicates that scammers have abandoned this particular brand.

Here, at SpecificNz.org you can see what the Corona Millionaire logo and website should look like. 

However, once you click on the link, you will see it takes you to another well-known scam, Bitcoin Trader, one of the oldest fraudulent portals out there.

You will notice that this website is not even hosted on the BitcoinTrader.app or BitcoinTrader.io, but apexoffer.net. This in itself isn’t proof of fraud, but many fraudulent platforms use similar tricks. In fact, 90% of the scammers use this kind of redirection, so we can interpret this as a strong red flag.

Another review site that supports scams is Crypto 4 Future (hosted as danubefuture.eu ?!). Again, the discrepancy between the company name and the actual product is not proof, but it is another red flag.

If we try to follow the link, it takes us to that very same Bitcoin Trader iffy webpage. This is a strong indicator that there is something wrong going on here. Why? Because the standing practice of the fraudulent websites is to spread their scam across myriad different names: Bitcoin Trader, Bitcoin Union, Bitcoin HQ, Bitcoin Revival, Bitcoin Billionaire, Bitcoin Compas, etc.

All of the names are tailored to somehow promise riches and easy profits using buzzwords like crypto, cryptocurrency, crypto trading, bitcoin, machine learning, AI, wall street secrets, 60% return of investment, etc.

Trustpilot sometimes catches all these different scams, but for Crypto Millionaire there is just an old warning message from May 2020. 

Of course, the website listed is not even registered.

How do these scams operate?

There are several known practices for these fraudulent websites.

• They change names and logos to avoid targeting by market regulators, legit review sites, and agencies (like Trustpilot)
• They ask $250 deposit. Legitimate trading platforms do have minimum investments, but these measure in low figures, typically $10. 
• They ask phone number as part of the registration. Legit crypto services have several layers of identification. The typical platform will ask for email, then proceed with different Know Your Customer verification protocols (scan of ID or other national ID documents). These fraudulent websites usually claim speedy registration with just phone and email.
• They all have disclaimers that make the customer agree with the breach of their privacy. Namely, they make it legitimate for the agents or ‘brokers’ of the fraudulent sites to call the customer (typically they will contact the gullible via WhatsApp). 
• Brokers aggressively pursue customers to deposit the first $250 and then it becomes impossible to get your money back. There are no profits. Another reason to change names and website addresses. Once the number of angry customers mounts up, scammers simply move to greener pastures, abandoning their project.
• I wouldn’t be surprised if the scammers realized that ‘Corona’ is no longer a buzzword, collapsing the platform.

Final verdict

This is a known scam! Do not fall for it.

FAQ on Corona Millionaire