Caution Investors Global Cryptos – global-cryptos.com – Regarding fraudulent or manipulative practices (insider dealing, market manipulation, misrepresentation of material information, etc.)
Global Cryptos Review: Is it a Scam or Legit?
Overview:
Global Cryptos is a website that claims to offer cryptocurrency trading and investment services. The website promises high returns, low fees, and secure transactions. However, there are several red flags that suggest that Global Cryptos is not a trustworthy or reliable platform. In this review, we will examine the regulation and compliance, customer reviews, products and services, location, and customer service of Global Cryptos, and conclude whether it is a scam or legit.
Regulation and Compliance:
One of the most important factors to consider when choosing a cryptocurrency platform is whether it is regulated and compliant with the relevant laws and authorities. Regulation and compliance ensure that the platform follows certain standards of security, transparency, and accountability, and protects the rights and interests of its customers. However, Global Cryptos does not provide any information about its regulation and compliance on its website. It does not disclose its legal name, registration number, address, or license. It also does not mention any regulatory body or jurisdiction that oversees its operations. This means that Global Cryptos is operating illegally and without any oversight or supervision. This exposes its customers to various risks, such as fraud, theft, hacking, money laundering, and tax evasion.
Customer Reviews:
Another way to assess the credibility and reputation of a cryptocurrency platform is to look at the customer reviews and feedback. Customer reviews can provide insights into the quality, performance, and satisfaction of the platform’s products and services. However, Global Cryptos does not have any genuine or positive customer reviews on its website or on any other online platform. Instead, it has many negative complaints from customers who claim that they have been scammed by Global Cryptos. Some of the common issues reported by customers include:
– Difficulty in withdrawing funds or closing accounts
– Hidden fees and charges
– False or misleading advertising
– Manipulation of prices and trades
– Poor or non-existent customer service
– Loss of funds or access to accounts
These complaints indicate that Global Cryptos is not a legitimate or trustworthy platform, but rather a scam that exploits its customers and steals their money.
Products and Services:
Global Cryptos claims to offer a variety of products and services related to cryptocurrency trading and investment. These include:
– A web-based trading platform that supports multiple cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, Ripple, etc.
– A mobile app that allows users to trade and manage their accounts on the go
– A demo account that allows users to practice trading with virtual funds
– A referral program that rewards users for inviting others to join the platform
– An education center that provides tutorials, guides, and tips on cryptocurrency trading and investment
However, these products and services are either fake or inferior to those offered by other reputable platforms. The web-based trading platform is poorly designed, unstable, and prone to glitches and errors. The mobile app is not available on any app store or download link. The demo account is rigged to show unrealistic profits and entice users to deposit real money. The referral program is a pyramid scheme that pays commissions from new deposits rather than actual profits. The education center is outdated, incomplete, and inaccurate.
Location:
Global Cryptos does not disclose its physical location or address on its website or anywhere else. It only provides an email address ([email protected]) as its contact information. However, this email address is not valid or responsive. It either bounces back or ignores any queries or complaints from customers. This means that Global Cryptos does not have a physical presence or location that can be verified or visited by customers or authorities. This also means that Global Cryptos can easily disappear or change its identity without any trace or consequence.
Customer Service:
Global Cryptos does not have a reliable or professional customer service team or system. It does not provide any phone number, live chat, or social media channels for communication with its customers. It only relies on email as its sole method of contact. However, as mentioned above, the email address is not valid or responsive. Customers who try to contact Global Cryptos for any reason are either ignored or blocked by the platform. This shows that Global Cryptos does not care about its customers or their needs or concerns. It also shows that Global Cryptos has something to hide or avoid from its customers.
Conclusion:
Based on our review of the regulation and compliance, customer reviews, products and services, location, and customer service of Global Cryptos, we can conclude that Global Cryptos is a scam and not a legitimate cryptocurrency platform. It operates illegally and without any regulation or compliance. It has many negative reviews and complaints from customers who have been scammed by it. It offers fake or inferior products and services that do not work as advertised. It does not disclose its location or address and does not have a reliable customer service team or system. Therefore, we advise you to stay away from Global Cryptos and avoid using its website or services.
