If you are looking for a solid cryptocurrency to invest in that also pays you a high percentage of interest, you need to read our full Cryptolux.io Review. Cryptolux.io is a brand new HYIP that offers both an ICO (initial coin offering) and a paying interest plan for you to participate in. Our report below will expose why this website is not only illegal but also highly dangerous and misleading.
Please contact us immediately if you have already invested in this HYIP scam. Within the next few months, you can visit back to this review to read the comments section which will be full of people talking about how much money they lost. We advise you not to add any more additional funds into this scam!
Official Website: https://www.cryptolux.io
Cryptolux.io is a HYIP or high yield investment program that offers eight different investment plans as well as an ICO. They offer up to 45% returns each month depending on how much money you invest with.
Most people who chose to join this website will simply invest and then take withdrawals. However, the site also offers an ICO which they call CLX. CLX is not an officially recognized coin and is not usable in the real world. Its only value lies on the site, where they claim you can trade it back and forth with your friends.
Let’s take a deep look at how their investment program works and if their ICO is legitimate or fake. After you finish reading our Cryptolux.io review it will be clear to you what the truth is.
How do the investment plans with Cryptolux Scam work?
Cryptolux claims that they are trading cryptocurrency as well as trading their fake CLX coin for profits. They offer you a chance to partner with them by investing your money. After you invest your money, they promise to use it in their trading and then pay you back a percentage of the earnings.
There are two ways to bust this lie open. Firstly, if a company is trading cryptocurrency or even if they are trading their own private coin, they will have easy access to trading reports that will show gains and losses over a particular time period.
We contacted Cryptolux.io support and kindly asked for any trading reports that they could show us to prove that they are legally trading. They declined to show us any proof and claimed that we would try to steal their trading strategies. This is entirely false. A trading report only shows opened and closed positions. It does not reveal a strategy.
The second way to bust this lie open is by searching for whether Cryptolux LTD is a regulated trading program or not. Only regulated trading programs are legally allowed to operate a business. The unregulated companies that do exist usually only last a year or so before they close down or go bankrupt.
Cryptolux scam is NOT regulated and nobody in the industry has ever heard of them.
What is Cryptolux Scam doing with your money?
We firmly do not believe that Cryptolux.io scam is trading or investing any of your money. So how does it pay withdrawals? The site operates on a basic ILLEGAL Pyramid scheme plan. They use the money of new investors to pay older withdrawal requests.
Cryptolux is a ponzi scam that can’t last longer than a few more months because ponzi scams never last.
What is the CLX coin that Cryptolux Scam offers?
Even more appalling then their lack of trading evidence is their claim to be offering a unique ICO. This is 100% false. Their coin simply does not exist and it has absolutely no value.
Cryptolux.io scam even offers an ATM card for Cryptolux users that allows them to withdrawal the CLX coin at any ATM. This is a HUGE joke. Everyone knows that unless you have a VISA, Mastercard, Discover, or some other legal bank card, you can’t just go withdraw money from an ATM. Their ICO is worthless so no ATM would give you money without something backing it up.
The sad thing about the Cryptolux scam is that so many hundreds of people don’t mind investing their money into worthless trash. They get carried away by false promises and a fancy looking website.
Please don’t fall into this trap. There is nothing real or honest about the site. Even the owner himself refuses to reveal his identity. This is most likely because he has already opened several other failed ICO and HYIP sites in the past.
Is Cryptolux.io Paying? User Reviews!
Cryptolux scam has been operating for a few months now and has so far been paying. You may wonder why we would include Cryptolux in our scam section if it was paying.
A scam is any website that lies to you about the nature of their business. Cryptolux.io scam lies to you about how they make money as well as the value of their ICO and the ATM card they offer. These are all blatant lies, which means that Cryptolux is a scam that should be exposed by every review site. Many sites have not blacklisted Cryptolux.io because they are trying to make money through their referral system.
Please remember, a scam HYIP will close it’s doors on any day they want and will stop paying, including referral commissions. When they shut down, you won’t be able to get your money back. Please understand this risk before you decide to join.
The Best Regulated Legal Sites For Earning
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eToro Review – Is our 1st top regulated social trading broker. Harness the power of the crowd and talk directly with professional traders before you copy their profitable trades in to your account…
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Is Cryptolux.io a Scam?
Cryptolux.io is a scam and should be avoided. If you have already lost your money, please post in the comments below. We’d like to encourage anyone that ordered their worthless ATM card to please let us know how that worked out for you too!
Please email or comment below if you need help choosing the best-earning program