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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Please share any thoughts, experiences or feedback you may have by leaving a comment below!
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!
Hi
My name is Sindi I have worked with both of them.Very bad service i must . Its hard to withdraw your money . I had to beg more that 5 times , I has withdraw 100usd and left 750usd when i open the system in afternoon , All money was gone . I and i was told that they lost all .
Hi Sindi, i have just got a message from Michael that your relations with him also went south.
listen, you have got both of our best advisors, with both of us, you have managed to fight somehow.
we are speaking about 2 advisors (me and Michael) that are dealing with hundreds of account from all over the world.
during 2 years of cooperation with our clients, we have never had any client who managed to fight or to argue or to treat or to speak to us in the way you spoke.
i am letting you know officially. from now on your account is BLOCKED until the legal department will finish checking your case.
i am sorry that this is the way you have chosen to go in and wishing you all the best.hahahaha
and be carful from writing to much so you won’t lose even more out of a legal procedure we will take against you
Sindi,
according to your explanation, you sound ni more than a bored and lonely woman that only looking to fight.
Sergio I think you can be only a paid writer, I dont find an other reason why you take time for comment like you do
1st, i can write the same about yourself.
seems like you spent much more time here then i did.
2nd, the reason is VERY simple. thanks to this company and those people i had enough money to pay more wife’s operations. (breath cancer)
same here Lost everything . be very carefll.Your money grow very fast untill you want to start to withdraw some profit .Then you will loose very fast and you will sit with a NEGATIVE BALANCE
Yes Rassie, spot on
hy ,i am from belguim ,happens totaly same with me lost 42500 euro.
friendly
Alain.
i am a brand new investor in the crypto-currencies market.
i gave it a try 4 months ago.
of course, at the beginning i was VERY suspicious regarding everything.
i was trying to make as good research as i can before i am taking any step forward.
because of this website, scaambitcoin.com i almost lost an amazing opportunity.
after reading a lot of comments i didn’t know what to do.
by the end of the day, i have decided to take a small risk myself and to have my own experience.
within 1 month only, Michael and Thomas changed my whole my mind and made this website to look like a joke.
i have already got MORE then what i have invested and no one on this planet can make me think something bad about the guys in CryptoAllDay.
Did you get the money on your account yet? Because if not. You’re screwed
the answer is yes. yes indeed.
working for almost 5 months already and got the money on my bank and on my E-wallet more than once.
i don’t know what you are writing about, but i am definitely not screwed.
Paid writer for corrupt company. Karma
my experience with CryptoAllDay is not less than amazing.
i can see here below many different comments and i am really confused.
i am working with Thomas Freiman for 8 months now!!!
invested around $67K
never had any problems with the w/d or with anything else.
i can understand that every institution who deals with people’s money will have some bad reviews but lot’s of the things i was reading here are absolutely not true!
even if someone lost his money, this is not a good enough reason to hurt people’s reputation.
Did you join this market? you took a risk!
Did you lose? do not blame the world!
Paid writer or part of the scam
cryptoallday and thomas friman are big layer and scammer
I invest with thomas and he allways said to invest more, so I became suspicious and wanted my money back, but he said at this time it is not possible of course he placed some trades, but this wasnt true. A few days later all the invest was gone and he told me some fairy tale
Mr. Patrick,
as a client of Thomas, i will not agree with your words and will not allow you to shame this man reputation.
this guy Thomas is managing my account properly for 8 months time!
never had any w/d problem with him and every time i was asking for money back i immediately got it.
before you are running to cry online and before you will try those other people will hear your voice, check yourself! try to see what you have done wrong.
because i will never believe or will never let anyone else believe the words you have just written.
I think you are a paid writer, look at all this negative reviews and think about it. From my site I do everything right, I dont trade myself and we spoke allways to do safe trades – only to trade Bitcoin (selling and buying) and no other risky trades. At the time I told Thomas I have to withdraw all my money, he does some risk trades with other currencies and he lost all my money although the trades should have been won
Patrick,
i think that YOU are a “paid write” lol
yes, i can see some negative reviews here.
but if you will count the reviews, one by one you will see that MOST of the reviews are positive and not negative.
i won’t believe to any of your words that this thing happened with purpose due to my very good experience with Thomas and his crew
Mark Stuart if that is your real name you are a lier I put in $25000 us for 6 months my balance got to $50000 then all of a sudden I looked one morning and everything was gone I can thank Michael for that he would have to be the biggest bull shitter I have ever come across. Advising people to stay clear of these scammers. They are complete con artists. Kama will get them in the end . Also they scammed me with my MEW wallet and took all that as well. Another $15000. SCAMMERS.
Yep. That’s how they do. Great talker and manipulators.
The same happends to me. Thomas breake me..
robbing fucks Thomas in my case i am coming for him ,he needs to be looking over his shoulder
TOTAL SCAM DO NOT INVEST A PENNY OF YOUR HARD EARNED CASH
I’m with you Brian something should be done . I’m from Australia.
This company is a scam. Trust me.
Beautiful company and support people’s too like me i proud you Micheal keep it up God will rewards you one day thank again
try to get your money back
so happy with them.
amazing place for making $$$
Great Company.
Great results.
GREAT returns.
Thomas, Michael, David, Chris, Matt, Kerstin, thank you all for an amzing journey!
will never forget you guys.
do not let your spirit to fall because of such corrupt websites
I think you are shaming here a good business, I worked with them last year, made a great profit and pulled out, I stopped my investment for a personal reasons, I needed the money to pay debts, but if I could I would have done it for a longer period ,they are doing a wonderful job, John, Michael, Daniel. and even christian from support, gave a great service and I managed to make money with them.
Good luck for you guys, I hope I’ll come back soon to make more money!
THANK YOU CRYPTOALLDAY – I CAME TO YOU AT ONE OF THE MOST DIFFICULT TIMES IN MY LIFE AND YOU HAVE HELPED ME TO RECOVER FROM FINANCIAL DEBT!
ALTHOUGH MY PROFITS HAVE NOT BEEN HUGE, THEY ARE CONSISTENT, AND I HAVE COME TO RELY ON A WONDERFUL MONTHLY WITHDRAWAL FROM MY TRADING ACCOUNT.
THANK YOU FOR MAKING ME A PART OF YOUR FAMILY.