Crypto5 is considered to be a platform that provides Crypto trading and Crypto currency exchange.
It provides facility to sell and purchase Crypto coins such as Bitcoin, Ethereum, poloneix, and other Alt coins.
Crypto5 is supposed to be located somewhere in Europe as its actual location has not been mentioned in its website.
They make their clients belief that they are absolutely safe and secure to trade with but this merely a fib, they swindle them to gain enormous profits.
They had not provided any details regarding payment methods, most of the regulated brokers do provide such information as they want to make every detail transparent prior to any dealing with users.
- As per various verified testimonials and clients review Crypto5 is supposed to be unregulated and an offshore broker that deals with trading and investment of Cryptocurrencies.
- The governments and other regulating bodies had formed guidelines according to which a brokerage firm has to work but offshore brokers do not have to follow such guidelines and they can easily trick their clients by providing them false information.
According to their website they provide bitcoin mining and blockchain system but in truth such features are created merely to attract more clients towards their firm.
Crypto5 seems to be as a potential Scammer as it does not provide any firm evidence to show that it’s a safe and secure platform for trading and cryptocurrency exchange.
Is Crypto5 a Scam or Legit?
According to their website they do not provide any information related to its office address or any contact details, most of the scammers hide such details in order to perform illegal activities thus they should not be trusted in any condition.
They provide various engrossing offers and services for instance Profitable Investment, Future financial transactions, very low risk of hacking etc., such offers are always proven to be as Scams merely created to attract affluent investors seeking them to invest huge amount of money.
Most of the essential facts are hidden from users thus they are more likely to be a potential scammer.
They are not very much transparent about their trading and investment conditions for instance transaction fees and commission is no where mentioned in their website.
Crypto5 is absolutely inadvisable to trade with as they are very much suspicious and they might be potential scammers as well.