Highlights
Pros&Cons
Pros
- Easy to use
- Free to use
Cons
- Losing a deposit is just as easy and free
- Only two functions
- No working Cryptosoft mobile app
- Reports of deceived users
Key takeways
- No minimum deposit is required, but this does not guarantee that scammers will not call you after registration to convince you to make a deposit.
- One of the websites is a copy of the Crypto Superstar website, which leads to the conclusion that this is a well-organized group of scammers working on several fronts at the same time.
- These scammers redirect potential users to another website for offshore brokers, making it impossible for people to get their money back when they figure out the scheme.
Overview
Table of Contents
How to use Cryptosoft – Full Review: What Is Cryptosoft and Is It a Legit Trading Bot?
In this Cryptosoft review, we will examine this alleged crypto trading bot and check to see if it is prudent to invest money with this platform.
This trading platform is supposed to work by analyzing the cryptocurrency market and by auto trading on the users’ behalf. In theory, it will perform technical analysis, examine market fluctuations and market trends, and generate a passive income for you. Moreover, it will eliminate any emotional trading that humans are prone to.
And all of this while you’re relaxing or attending to other matters. There’s no trading technique needed. The only thing you need to do is adjust the auto trading settings and trading parameters. Sounds great, but that’s exactly what the scammers want you to think.
As a rule, trading carries risks and there’s a necessity for plenty of trading research, but reliable trading robots do exist. However, it can be tricky to find them.
That’s because they’re obscured by a long line of trading robots that are nothing more than immoral scams made to rid users of their money. However, with thorough research, it’s possible to identify a fraudulent trading platform.
Scammers usually make similar mistakes and don’t put much effort into their schemes, as they believe that the prospect of an easy passive income will be so alluring that people will be easily fooled.
In order to find out the truth, we will take a look at their website, ease of use, and testimonials. We will also check for any discrepancies in the data provided on their website and information we can find elsewhere.
In the end, we will assess all of the data gathered and give our final verdict about the Cryptosoft trading bot. But, first, let’s take a look at some of the features and give an overall assessment.
We have managed to find five Cryptosoft websites. When looking at them, it is obvious that they really put any effort into just two of them. The rest do not even offer any basic information.
As standardized for all of these schemes, everything is free of charge. There aren’t and never will be any fees at all, including hidden fees. We can’t help but wonder how they plan on paying the bills if they are basically running a charity. Probably by taking the users’ money and disappearing as quickly as possible.
The novelty with Cryptosoft is that there isn’t a minimum deposit necessary to start trading. At least none is specified on any of their websites. It appears that you can invest as much as you want after creating a Cryptosoft account. That is until we get to the Trustpilot reviews, which paint a different picture.
The scarce information we could get from their best-designed website, tells us that they use advanced algorithms to analyze the trading signals on the crypto market, look for lucrative trades, and provide the best investment advice.
They do state you need to set the parameters, which is probably the only true information on the entire website.
As standardized for all of these schemes, everything is free of charge, including the withdrawal process. There aren’t and never will be any fees at all, including hidden fees.
We can’t help but wonder how they plan on paying the bills if they are basically running a charity. Probably by taking the users’ money and disappearing as quickly as possible.
The novelty with Cryptosoft is that there isn’t a minimum deposit necessary to start trading. At least none is specified on any of their websites. It appears that you can invest as much as you want into your trading process after initially creating a Cryptosoft account. That is until we get to the Trustpilot reviews, which paint a different picture.
The scarce information we could get from their best-designed website, tells us that they use advanced algorithms to analyze the trading signals on the crypto market, look for lucrative trades, and provide the best investment advice.
They do state you need to set the parameters, which is probably the only true information on the entire website.
No Minimum Deposit is Needed, Suspiciously <>No Minimum Deposit is Needed, Suspiciously
equired, that doesn’t mean that the scammers won’t call you after registering in order to persuade you to place a deposit.On the contrary, they make it possible for users to place any deposit, so that the chance of those users leaving their trading capital for scammers is higher. Totally in line with this practice are the quick registration process and the non-existent verification system for the users.
Think about it, if you had to place a $250 deposit, as is usually the case, you’d have to think about it harder than if you could just place, for example, $100. And this is precisely what the con artists behind the Cryptosoft platform will insist on when calling you.
In other words, Cryptosoft operates by trying to convince you to leave a smaller amount of money. Then, if you’re not satisfied with the trading bot’s service after using it, there won’t be much harm done, they’ll say.
Well, that’s just what they want you to believe. In this way, these scammers are more cunning than the rest of the bunch:
Replicated Websites
One of the websites associated>Replicated Websites replica of the Crypto Superstar’s. This leads us to conclude that this is a well-organized group of scammers working on multiple fronts at once. If they don’t get lucky with one “crypto trading bot”, they will just go after users under a different name.
We’ve seen so many fake trading robots now, and they keep springing up like mushrooms after a rain. It’s logical to wonder how many of these fraudulent bots were “made” by the same scammers. They probably won’t stop trying to extract money out of unsuspecting users until they’ve been caught and brought to justice. Let’s hope we won’t have to wait too long for that to happen.
An Interesting (and Fake) Story about Cryptosoft
On one of their websites, C>An Interesting (and Fake) Story about Cryptosoftefore prompting you to sign up. The video specifies that only the first 77 people to sign up will get it for free and forever.
The satisfied customers have been making absurd amounts of money. The video states that you can make $1,760 daily. While occasionally possible, you will agree that it is impossible to do it every day unless you make a high-value-high-risk investment, which we do not recommend.
Cryptosoft is supposed to analyze the market signals and offers considered investment advice that’s so perceptive it can make you a fortune in no time. They want you to believe that there’s no need to ever trade manually; just let Cryptosoft trade Bitcoin and altcoins instead of you and wait until you get rich.
Of course, this is obviously a greatly exaggerated profit prediction, as it is common with this kind of scam.
Who is Thomas Green?
In the video, the CEO and “inventor” of the Cryptosoft trading>Who is Thomas Green?ntroduces himself, but only vocally. We don’t see a picture of this person. Why wouldn’t he show his face if he was an honest entrepreneur?
Furthermore, there aren’t any articles or posts about this person who has, allegedly, made millions in crypto trading. This guy’s supposed to be successful as Sam Bankman-Fried or Brian Armstrong, but nobody’s ever heard of him.
One would expect to find some newspaper articles or at least one or two social media accounts. We’ve found zero.
Fake Badges to Make You Trust Cryptosoft
One of the Cryptosoft websites even has badges at the bottom>Fake Badges to Make You Trust Cryptosofte first one is pretty standard, it is an SSL certificate. This means that the communication between you and the website’s server is encrypted and it is highly unlikely for hackers to intercept it.
This doesn’t mean that your personal information is protected from those who are in on the scam. While hackers won’t be able to steal your personal information, you’re already dealing with dangerous cybercriminals, who created well-known scam network:
Now, the other two badges are far more interesting.
The first one is posted on several other websites to guarantee you will be satisfied with their service. Take note that it isn’t anything official. No external entity guarantees you satisfaction and it is not an award. It’s just a badge created by scammers in order to deceive users.
The other badge is very similar to Guilded’s logo, which is a video game chat service. It has nothing to do with cryptocurrencies. It’s supposed to look fancy in order to impress the users, but you shouldn’t fall for it. So basically, they all mean nothing in terms of assurances and protection.
Fake Address
As it is common with these scams, there is only a “Contact Us” form, not any real contact information, and cert>Fake Addressal address.
This is, of course, highly suspicious. When you’re dealing with trading software that puts your money on the line, you want to be able to reach the developers quickly so that they may answer any questions you may have, at any time.
Luckily, Trustpilot can be trusted to have a listed address for almost any business.
And when we searched for the same address on the official government website in the UK, we have gotten a completely different company:
Aldgate East Technologies Ltd. does not exist in the online sphere anywhere. No website, no newspaper articles, nothing. So, a name that’s just as fake as everything else connected with this scam. Of course, this tells us all we need to know about this company.
Fake Testimonials and Reviews
When we went on the properly designed website for Cryptosoft, we got to see testimonials from satisfied >Fake Testimonials and Reviewsleased with Cryptosoft, singing high praises for it.
We have researched the people who left these reviews and gotten the following results:
The first person is most likely real and has quite probably had his picture misused. Presumably, this was done without his knowledge, making him another victim of these immoral people.
The other two people which have, supposedly, left positive testimonials are used and abused in many a corner of the internet for reviews and similar shenanigans.
You’d think that scammers would have at least used new photos for their fake testimonials, but no, they’re too lazy for that.
Fake Cryptosoft Reviews on Trustpilot
Just when we thought we’d discovered all of the websites, another one popped up. Just how many w>Fake Cryptosoft Reviews on Trustpilot class="wp-block-image">
