CryptoHuge.Website is a scam, not a legit cryptocurrency mining company. Yes, we agree that it may pay a few members but that doesn’t make its business model legal or sustainable. It will stop paying sooner or later or pay selectively to a few members due to which the majority of members will lose their money. Why? Well, let’s find out the answer in detail through our Crypto Huge Website review here.
Why is a CryptoHuge Website scam?
Crypto Huge Website is a scam due to the following reasons:-
# Crypto Huge Website is a Ponzi scheme which is neither a legal nor a sustainable scheme. Legal authorities have already warned the general public to stay out of the Ponzi scheme due to its unsustainable nature. The majority of members will lose their money in Ponzi scheme and only a few ones who join the system at first will make some few bucks due to which you will find out some few people who promote and support some Ponzi schemes.
# We can say CryptoHuge Website is a Ponzi scheme because it doesn’t have any real source of income to pay profit to its members. It claims to pay a 2% profit within a day per $100 investment by using the money of members in cryptocurrency mining. However, it fails to provide the physical location of its so-called mining farm which proves it doesn’t have any real source of income and only can pay members by routing the money between the members which is not a sustainable business.
# All the Ponzi schemes like CryptoHugeWebsite trick people by showing the real payment proofs because they pay few members by routing the money between the members so that they can lure more people into their scheme by showing those payment proofs. However, it is practically not possible to pay all members in that way because when they pay one member, they need to use the money invested by other two or more members so that they can pay the principle and profit to that one member. But, whenever they pay members in that way, they will create a debt equal to the amount of profit that they use to pay the members. So, even Ponzi schemes like CryptoHuge.Website want to pay all members they can’t because day by day the debt will be kept on increasing and they will not have enough fund to pay all members. That’s why Ponzi schemes like Crypto Huge Website are illegal schemes.
# There is not any information about who and from where is operating CryptoHuge.Website because it hasn’t provided those details on its website and it has also concealed those details in WHOIS. None of the legit investment companies hide the company’s location and owner details in that way, only scam companies do.
# Don’t go after its free $100 which you can get just signing up with CryptoHuge because even you use that $100 and invest in its plan to get $2 in a day, then also you have to wait more than a year to cash-out your earnings because the minimum cash-out threshold is $1000. So, giving that $100 is nothing other than the strategy to make you engage with them and trick you to invest money to reach the cash-out limit soon.
# CryptoHuge.Website also makes money by selling your submitted personal information like your social media account details, payment processor details, email address, and so on to the third parties. It also makes money by showing you the advertisements on its website. Well, showing the advertisement is not a bad thing but fooling you around to make you engage within a website so that it can make money by showing you the advertisement is definitely a bad move.
# CryptoHuge Website also claims to pay you $20 for each referral sign up. However, none of the legit websites can make many benefit by paying $20 just for referral sign up, this is another bogus and unbelievable claim.
Now you know that CryptoHuge is an illegal scheme, a Ponzi Scheme. So, CryptoHuge.Website is a fraudulent website. That’s why we have listed Crypto Huge Website within our “Scams” category. So, in this situation, we don’t recommend you to sign up with Crypto Huge Website.
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