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!
Cryptoallday you have done it again. Once again you knew exactly when to hold and when to sell.
Thank you!!!
This is a fake comment, left by someone using the same IP as the comment from Sibusisoo below.
Cryptoallday is a videogame you can never make any $.
CryptoAllDay is a SCAM, they will delete your so-called trading account so that you can’t have access to the money you have invested or deposited, you will never get the money you have invested, when you do follow up with their email service centre being support@cryptoallday.com and verification@cryptoallday.com you will never get any feedback back, instead they will keep on calling you and pressing you to trade even if you are not interested, they will end up deleting your account when you try to withdraw your funds. After they have deleted your account, you won’t be able to login because their systems won’t recognize your login credentials, they won’t even respond to your emails. Don’t get tempted with this smooth talk actor. This is a SCAM and they are not regulated, you can’t report them to Financial Authority Regulators. If you see this advert, grow eyes behind your head and run as far as you can from CryptoAllDay, you are going to loose all your money. This facebook advert is misleading and is also a bait to attract potential investors. Your bank won’t even attemp to reverse the transactions after you informed them that you have been SCAMMED by CryptoAllDay SCAM Trading Company. This Thomas Frieman will try by all means presurise you to trade even if you advised him that you are no longer interested and you are pulling out. He has just deleted my so-called trading account after i have submitted withdrawal request. This are so-called CryptoAllDay Account Managers:
1. Thomas Frieman – thomas.f@cryptoallday.com
2. Daniel Smith – Daniel.s@cryptoallday.com
Dear Sir/Mrs.
i found your words very strange.
i am working with Thomas for 3 years.
he is one the most professional advisors i have ever worked with,
everytime, when i have been asking for stop trading, he did so.
everytime i have been asking for a withdraw, he have sent me the money.
you either a lier or either fake.
identify yourself.
provide with some proofs.
as per to my expirience you are absolutely wrong
Gangster rap made me do it! :))))
i guess you are not the sharpest toll in the shade
i also want to give a piece of my mind here.
i am working with Thomas and Daniel for 8 months time.
asll the words you have wrote here are a big lie.
Thomas is the best place i have ever invest money in.
i would really like to know who you are so i’ll come and kick your a**
My experience with Michael is Very Good.
He is a professional guy and know all about the crypto currencies.
I didn’t know nothing about Blockchain and Alt coins and now I’m very happy that I have the honor to work with this nice guy.
He helped me to triple my investment and I also payed my daughter’s college for this year thanks to him.
If you are looking for someone to work with, Michael is your guy.
Thank you Cryptoallday, for the help and support, I’ll let everyone know about it.
my name is Vladimir.
living and operating in Moxcow, Russia.
i am working personaly with Crypto-All-Day and the only ward i have to write is FANTASTIC!
what you are doing here guys it is a SHAME! big shame!
i do not know when you are taking your info from but as a guy that made money with this brand (and a lot) i cannot just accept it.
i am making my living as a lawyer and i will find any possible way to shut your website down because this is absolutely a lie! big big lie!
thank you Crypto-All-Day for changing my life.
shame on you scambitcoin.com for almost ruing the best opportunity i have ever got in my life
amazing place to make money.
i made load s*** with them and already after to process. after cashing out.
Grazi cryptoallday for everything!
Un un ami à moi se fait arnaquer par ces escrocs j’espère qu’il crève
very nice. very mature.
Mr. Admin, i am finding this review inappropriate and do not understand howa website like yours is allowing such language.
and for you, go and find yourself life.
if your friend got scammed there let him speak by himself and identify yourself. this is a serious website not 16yo girls chat
my name is Brian,
I am from Dublin, Ireland.
working with this firm for 8 months and doing AMAZING!
already got funds to my bank account.
if this is a scam, I am a rabbit!!!
Your an Irish rabbit
just finished 5 months with the company, didn’t make much, however, I finished with profits.
i took my initial investment back to my FNB debit card and the profits to my bank account, it took 8 days to get the profits to my bank account.
the service was very good I must say.
and Michael told me that if I will invest small amount the profits will be small as well, so I feel like everything was very clear and professional from the company side.
Sibusisoo.
My name is William, i am living in Hong Kong.
i have been trading all my life. mostly stocks and FX.
when i first faced this company (CryptoAllDay) i was making my research online.
a thing that worried me a lot.
by the end of it, due to a lot of different reviews i have decided to give it a try myself.
i have decided that this is the best way i have in order to discover this mystery.
i was jumping on board with an amount i can afford to lose.
luckily i have found out a bunch of amazing and professional team.
the team of CryptoAllDay (David, Thomas, Michael and Chris) was helping and teaching me a lot.
on top of everything, they are making me amazing returnes (that i have already took back to my bank account).
very strange to see how all the shaming comments looks like they have been wrote like kids in school and the good comments are very detailed.
i think that every one must check what the things he made wrong are and only then to go and dirt on such a professional team.
my expirience with CryptoAllDay is not less then AMAZING!!!
Mr. Michael and Mr. Thomas are both doing very well with my account.
i wino’t lie. we also had some losses but wea re on the profitable side indeed.