XCrypto.biz Review: Legit? Genuine? XCrypto Scam
X Crypto Review: XCrypto.biz Scam Alert! XCrypto.biz is a scam, not a genuine or trustworthy company. Yes, we agree that it may pay a few members but that doesn’t make it legal or sustainable. It will stop paying sooner or later due to which the majority of members will lose their money. Why? Well, let’s find out the answer in detail through our XCrypto review here.
Why is an X Crypto scam? What is XCrypto.biz in real?
XCrypto is a fraudulent website due to the following reasons:-
# XCrypto 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 few people who promote and support some Ponzi schemes.
# We can say XCrypto is a Ponzi scheme because it doesn’t have any real source of income to pay profit to its members. It claims to pay up to 2.5% profit daily on the investment amount of members by using the money of members in the cryptocurrency trading using its X Crypto BOT. But, it fails to provide the proof of the existence of its so-called business or BOT 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 X Crypto trick people by showing the real payment proofs because they pay few members at starting 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 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 X Crypto 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 XCrypto are illegal schemes.
# X Crypto has tried to trick people by showing the company’s registration document registered from the UK Companies House in the name of XCrypto Holdings LTD. But, don’t fall for that trick. Lots of Ponzi schemes in the past had already turned into scams which were registered from the UK Companies House. Actually, it is very easy to register a company in the UK Companies House by providing the virtual address which you can rent from the virtual address provider services as well as by providing the third person identities. Even you can register a company in the UK Companies House without a big hassle. On top of that, such kind of registration is not the license to run an investment company like XCrypto, but just a registration for the tax purpose. On the other hand, there is not any proof that proves XCrypto Holdings LTD is operating the XCrypto.biz website.
Now you know that XCrypto is a Ponzi scheme. So, X Crypto is a scam. That’s why we have listed X Crypto within our “Scams” category which means we don’t recommend you to invest in X Crypto.
Actually, these days there are many Ponzi schemes online such as SuperCrypto, AntiMining, GoldBuildTrade, HourlyPay, TrustBox, CashDeposit, BTCValue, Bit Alpha, BoostMiner, HourBull, Wullex, Hooplex, MiningTower and so on. So, stay away from any sites which show you easy money.
If you want to report something about X Crypto or add your own XCrypto.biz reviews, then please feel free to leave your comment below. You can also comment below to report about similar kinds of scams or even to report about any kinds of scams. After all, we are here to spread awareness about the scams. So, let’s do it together. Let’s save innocent people from scams.
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Actually, we recommend you to share this post with your friends and families through your social media accounts because it will help to spread the awareness about this scam and other similar kinds of scams. More we share about scams with our friends and families, more they will be aware of these kinds of scams which will ultimately make difficult for a scammer to scam innocent people. So, it’s better you share this post with your friends and families if you want to fight back with the scammer.
Don’t go after these kinds of easy ways to make money online. If you are looking for a serious way to make money online, then leave these kinds of easy ways to make money online. Instead, do your own blogging business. Yes, it may sound difficult, but it is not. These days it is very easy to start your own blogging business by joining renowned training programs like Wealthy Affiliate where you can learn everything about blogging through video tutorials and make money from there. If you want to find out more details, then you can check the Wealthy Affiliate Review provided by NewsOnlineIncome.com by clicking this link:- newsonlineincome.com/wealthy-affiliate-review/
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Having fallen victim to this scam company and having proof of my scam incident, operations at swiftsources dot Com helped with no upfront payments after receiving my mail.
Having fallen victim to this scam company and having proof of my scam incident, operations at swiftsources dot Com helped with no upfront payments after receiving my mail.
Maybe next time I will be more careful Investing in this company was one of the terrible decision I made this year, I had made my first few investments and collected my returns. I then advance to make a large sum payment only for me to find out that I had been ripped. At the time, it felt like a dream.
Please let us all be careful out there. As beautiful as the returns of this investments might seem. You can easily fall victim of numerous scams..
Having fallen victim to this scam company and having proof of my scam incident, operations at swiftsources dot Com helped with no upfront payments after receiving my mail.
Do not contact swiftsources dot Com as mentioned in the comment above because swiftsources dot Com is a scam.
Apakah cryptoTab browser scam
Can you provide us a link to CryptoTab Browser website so that we can check either that is a scam or not.