The immense boom of the Bitcoin industry over the past several months has inevitably sparked the endless creation of cryptocurrency related scams. It feels like for every one legitimate opportunity we come across there are 3 or 4 other deceptive operations that we had to debunk prior to reaching it. In the case of Crypto All Day, we encounter not a cloud mining or pyramid scheme business model but instead an online investment platform that, at first sight, successfully pulls off the appearance of a legitimate brokerage. Upon further analysis though, slowly and exhaustively we were able to peel away the deceptive layers of the CryptoAllDay.com platform. Throughout this detailed review, you will discover our findings regarding this phony investment brokerage and why this platform is not one that should be trifled with.
What is Crypto All Day?
The About Us section found at CryptoAllDay.com does a relatively poor job of providing insightful information regarding their platform. Claiming to operate as a 100% safe personal Internet wallet, crypto investors are encouraged to part with their bitcoins by depositing through their site. How many bitcoins an investors deposits through Crypto All Day will dictate which investment plan they become enrolled through and which trading features become available to them.
What does Crypto All Day Offer?
Crypto All Day portrays their operation as an online platform that will safely guard your deposited bitcoins. Pooling together your deposited funds with other investors funds, the team of financial experts employed through this brokerage will then intelligently invest your deposit through a variety of high yielding investment channels. No specification as to which assets are traded are specified but allegedly their team will apply hedging trading approaches along with provide hedging insurance to ensure the well-being of your deposited funds.
What we found misleading about claiming to provide hedging insurance would be how deeper research revealed that this platform is not regulated or insured by any regulatory entity. This indicates to us that this brokerage is not safe to invest with while also discrediting their claim of “safeguarding” your deposit since they are not an insured platform. Investors who still wish to ignore these red flags and enroll through this platform are able to get started with 1 of 4 account types.
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Light Trading Account
Deposit Bonus: 20% initial, 10% for reoccurring deposits
Deposit Required: $250 USD or 0.04 BTC
Account Features: Daily and weekly market reviews
Standard Trading Account
Deposit Bonus: 30% initial, 20% for reoccurring deposits
Deposit Required: $500 or 0.07 BTC
Account Features: Professional Market Analysis, 3 Daily Trading Tips, Daily/Weekly Market Reviews
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Premium Trading Account
Deposit Bonus: 50% initial, 30% reoccurring deposit
Deposit Required: $2500 or 0.36 BTC
Account Features: Standard account perks, 1 risk refund trade, 1 monthly risk free trade, bi-weekly mentoring sessions
VIP Trading Account
Deposit Bonus: 100% initial, 50% reoccurring
Deposit Required: $5000 or 0.73 BTC
Account Features: Premium account perks, 2 risk free trades per month, weekly mentoring sessions
It should be made clear that the acceptance of any of these deposits bonus will “lock in” your funds with the brokerage. It isn’t until you generate a volume of trades between 15x to 40x the accepted bonus deposit that you will be eligible to file for withdrawal.
Crypto All Day Misconceptions
According to CryptoAllDay.com, their operation is owned and operated by a private limited corporation known as Petrasol Ltd. Negating this claim would be how search queries conducted through Republic of Seychelles business registers fail to churn up any credible search results of Petrasol Ltd being a verified business. As previously mentioned, their site claims to offer hedging insurance yet they are not overseen by any regulatory body which means that they are not insured.
Other misconceptions found on their site would be how they essentially operate anonymously. The only real identifying information disclosed to us on the site would be there telephone number +44 203 808 3763 along with their email address support@cryptoallday.com. No information regarding their creators or operators can be found mentioned anywhere on the site. Furthermore, the site claims to have been in operation since 2015 yet a WHOIS report will reveal that this domain was created only on August 14th, 2017.
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Can CryptoAllDay.com be Trusted?
After considering the information laid out to you above, it becomes quite clear that this operation is not trustworthy. No information regarding their technology platform is disclosed, they are operating completely anonymously, they fail to verify that their team of financial experts are licensed and foolishly lie about their operational procedures and date of origin.
Popularity
While CryptoAllDay.com claims to have over 95,000 active trading accounts on their platform, a SimilarWeb search will reveal these claims to be bona fide fabrications of the truth. Reflecting a poor SimiliarWeb global rank of 7,047,018 it is clear to us that this operation is not popular and receives minimum amounts of traffic, if any at all.
Testimonials
I saw you wrote an article on Cryptoallday and that they are scammers. I want to confirm that. They scammed me out of $25 000 on Friday. They blame the drop of a the bitcoin, but Timothy O’Connor told me my money is liquid. They sold my bitcoin before the price started dropping. Unfortunately I was doing business with them from 20/11/2017 … that was before you wrote the article on them.
Crypto All Day Review Conclusion
Crypto All Day is a poorly developed online platform that will do nothing more than steal your Bitcoin deposits. Providing no insight into their platform features while leaving much of their operation unknown is a considerable red flag that we cannot ignore. If you are searching for investment brokerages or Bitcoin exchanges to invest through, make sure the operation you are looking into is more than open about their identity and provides transparent information regarding their operational model.
Review Verdict: Crypto All Day is a SCAM!
Blacklisted Site: CryptoAllDay.com
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Important note regarding the following comment section. Some of the positive reviews you’ll read below were posted by people with different names but using the same IP addresses, making it quite obvious that they are fake comments!
my expirience with “Cryptoallday” was and still very good.
i won’t share the amount i have invested with Thomas, my financial advisor, Mr. wonderful as i named him.
mostly, i am a very sceptical guy. very suspicious and trying to not put trust in any 3rd party hands.
i was almost missing this opportunity bacuse of that.
Thank to Thomas, i have managed to catch good seats in the Crypto currencies train.
thank you very much Mr. wonderfull!
when i made my initial investment with CryptoAllDay, i was making an early research about the company.
then, i found this website.(ScamBitcoin.com).
i almost cancelled all my agreement with CryptoAllDay because of the horrible shaming you are doing here.
by the the end of the day, i have made a decison to give it a try with low amount and to try that myself.
i’ve invested €1000 at the beginning.
after a month or so, after i’ve seen VERY good results, i’ve made a plan with my financial advisor and invested €180k.
so far, i’ve managed to gain nice profits and recieving money back on a monthly basis for 6 months already.
LUCKILY, i didn’t took your advises guys.
you website is no more then BS.
your fake bad comments are no more then a sha.
Well, I’m very worried to read all of it, the way I’m working with Cryptoallday sounds a little bit different than what you guys describe, I have some experience in FX trading and Binary options before, (binary it’s a pure scam, I can tell), and this time I have much better service, I’m also trading with other platforms of crypto currencies but they never call and explain you what to do.
As for today my account is profitable, and I’m not a fool, I told Michael I want to Withdraw my total investment first and work only with the profits I made, I don’t think it’s an appropriate place to to talk about my finances, but I can definitely say that I pulled out my investment plus approximately 20% on top of it.
So, I’m not saying that everybody lies ,but my experience is good so far.
And hopefully, will be better when the Bitcoin will go up again!
My name is Steve Loren from Australia, you can even check my FB account, I’ve been scammed before (TWICE!) and after doing home works and taking funds PLUS the profits back to my E-wallet I’m happy to say that I have very good service from Cryptoallday and David, my advisor, and I’m going to take a bigger step with him into this crazy but profitable market.
Your not Australian you have to many spelling mistakes . Get a life mate.
Cryptoallday. The problems starts to appear after you put in money. I gave them 250$ because I confused them with another phone call I was expecting and quickly understood that I had been scammed. Have little to none hope getting it back. Minimum amount to get a bank transfer back from them is 1000$. Just that is bad enough to not give them anything.
you made a ‘mistake’ because you were confused. LOL.
does that make them unprofessional?
it makes YOU unprofessional.
No, any story to get you to pay in more money.
You cannot withdraw more than what you have put in.
It is a SCAM!!!
I have no idea what it is all about, I have started at 8/12/2017 with 1000 Euro with David, he gave me so much information that my mind blow, profits were more than good by the end of the month, we have decided to make a withdrawal before I move forward with this ( due to your guys advice here ) i have never told him that this is the reason why I’m taking the money out. after 8 business days, which is too much if you ask me but still, the funds including profits land on my bank account. today I’m on a Gold package of 20 BTC, I have received a cold storage wallet and a Macbook pro as part of the promotion of this package, and I even took 4 BTC back to my cold storage, it is clear that someone here either lies, or either has interest were ever you trade guys I wish you all the best.
Warning: This comment seems to be fake!!! It came from the same IP as the comments from Toni, Craig G, dwain, Tom, Amiro, Phillip March and David below.
the thing i hate the most is what you see in the comment below me.
people are playing the poor victim.
are you crazy? do you really think that someone will believe that you are so unclever?\
did you borrow money to put in risk and you wasn;t aware to the risk? come on!!!!!
no one wil convince me that CryptollDay is a scam.
i made money with them and lot’s of it!
‘nice’ & ‘innocent’ people go away!
this company has no fault that you aren;t the sharpest toll in the shade
I’ve lost $44k AUD that I borrowed and paying interest on. I was informed that they would only trade 1/2 of my Bitcoin. My account was almost $100k US and well the software bott has lost almost all of it now with less than $500us left.
Its going to take me years to recoup what I’ve lost.
Both Chris Taylor and Brian Dell don’t respond to my Skype messages now.
in days that this market is Highly volatile, why are you using automatic system?
Im sorry for your loss i totally understand what u are going through is there an email you can send me to discuss this with you i am an australian that also was scammed buy brian and chris get back to me we want to catch these guys .
Yes Jacque my email is
merv.robinson@yahoo.com
I live most of my time in Cambodia but come from Kojonup 280 km south of Perth
Hy, also my lost 42500e from cryptoallday,
If you want, you can contact my on mail, alain.mertens1811@gmail.comail.com
Regards.
Alain Mertens.
They owe me €25000 too
i am trading for many years.
i’ve seen good companies with good and/or bad reviews.
very hard to find financial institution without any bad reviews.
to deal with real money of real people it’s not a piece of cake.
i’ve seen so many people losing their money and blaming the company.
who ever can’t lose, i will highly recomend to not get involved.
what about myself you ask? i made very nice money with this company.
to recomend if it’s a scam or not? in my point of view, they aren’t. i got my investment plus my ptofits and i am still trading with them.
AlfredoVaselino
CRYPTOALLDAY123456
IT IS THE LOTTERY
The weakest link is a bad Trader/Broker and they brake you. Thats the lottery to get a “good” trader. Common Password = 123456 . Change PASSWORD…
Have you done some Profit? You put in 2000$ the account on CAD and then you have after a few days 4600 $ on it. Tanks traders… how mutch profit have you done ? You say 2600$ !! NO NO I say 0 $ – you only make profit when you take out 4500$ and then the money are at your bankaccount and you can see them. Put back 2000$ to CAD and do the yourny one more time. On your accont you are 500 $ up. Congratulation.
We are the foundation of the company. We are not a Candybag that you are picking the best sweets…. and trow away the rest…
And they have 90 k account. How many of this accounts have less than 100$ on it????