Young investment company Group Crypto Trade offers high interest rates to its clients, but does not properly explain where such high returns, ranging from 1% to 9% per day, come from. According to the legend on the official website, the project was founded by Scandinavian entrepreneurs in 2022, though the main page indicates only 2 days of operation at the time of writing the review. The headquarters is located in the United Kingdom, but there is no license for the activity. All this looks highly suspicious. Can one trust an unlicensed organization promising high returns?
How to Invest
Group Crypto Trade has developed seven tariff plans for its investors. The better the tariff, the higher the minimum investment amount, the shorter the deposit term, and the higher the interest rate. Profits are accrued daily at a rate of 1% to 9%.
The project offers to invest funds for up to 120 days, with the principal amount being returned after the deposit term expires. Group Crypto Trade also promises instant withdrawals, but this should not be taken at face value. According to the official website, clients can participate in an affiliate program and receive a reward for inviting partners up to 5% of the referral’s deposit.
The high interest rates without a real product rais significant suspicions about the nature of the investment project. Almost always, such high returns are only possible in financial pyramids, where there is a high risk of losing funds.
Group Crypto Trade Vital Info
On the official website, the company talks about being founded in 2022, but there is real proof that this is not the case. Firstly, the domain of the site only appeared on November 12, 2023. Secondly, legal information from the Companies House registry in the United Kingdom is provided. There, the organization was incorporated on November 14, 2023. It’s unclear why the company provides false information about its operating period.
So, we’ve already checked the UK registry, and such an organization indeed exists. However, the type of activity that Group Crypto Trade is involved in requires regulation by the FCA. And here’s where the most interesting part comes in. It turns out, the project has not received a license from the regulator, so its activities are illegal.
It's the third day and the withdrawal is not working!!! Is this normal??? The scammers don't want to communicate. They simply ignore me!!! Where is my money? Do other investors have the same problem??? What are we going to do???
Group Crypto Trade has a 100% risk because it is a fraudulent HYIP. If you don't know what HYIP is, I advise you to first research the internet, and then invest. There is no trading. Dollars are just being shuffled from one pocket to another, and in the end, everything collapses when a new investor does not come into the project. The project lies about reliability, guarantees, and safety. They want to lure you into their scam trap, but I recommend not investing. It's better to invest your money in stocks or cryptocurrency yourself, and then you will get a good result. And if you are offered 1% per day - you are being deceived.
The project has been added to my HYIP portfolio. If you are not comfortable with the fact that sooner or later you will see a non-working site, meaning lost money, then you are advised not to invest in sites like group crypto trade, because the likelihood of the project closing, and at the most unexpected moment, is 100%. This project is standard and usual; it is unlikely to last long, so I invested only 2% of my working capital intended for high-risk investments. I will not recommend investing here and following my lead. You should only invest the capital you are prepared to lose. And if you have already invested here, forget about these funds as if you have already lost them. It will be easier psychologically.
Of course, one cannot speak of 100% safety in Group Crypto Trade, but still, there is an opportunity to earn money here. I invested in it a few days ago. My deposit is $1000, and the daily return is 1.5%, which amounts to $15. I am very satisfied with such a profit because I don't need to do anything, the interest is automatically credited to my account, and I withdraw it when it accumulates to $100.
I consider the project good, but risky. It's suitable only for those who are ready to take risks and are prepared to accept losses at any moment, as such sites often close quickly, and the money is not returned to anyone. At the moment, there are payouts, the withdrawal works, and everything is fine. But I don't know how long this will continue, as Group Crypto Trade can close at any time, and of course, withdrawals will be unavailable.
Do not dare to believe the scammers, because it is a fake company that does not have a license and does not carry out any activity. They offer you up to 9% daily, which is 270% per month, or 3240% annually. WITHOUT ACCOUNTING FOR COMPOUND INTEREST!!! Where have you seen such percentages? Such huge returns are only possible in fraudulent financial pyramids. Therefore, they are a classic scam hyip.
I know these kinds of enticing offers… these swindlers just want to collect as much money as possible from gullible people and foolish investors, and then scam everyone… I already participated in a similar scam like Group Crypto Trade, and lost over 1000 dollars… no, I don’t want a repeat of such a sad experience… and I advise nobody to…
The company has been operating for too short a time, but it seems to me that it won't last long. I bet it will close by 2024, and all investors in this fraud will lose their money. No one will be able to get back a penny! In such fraud schemes, only the creators make money. There is also another criminal category of participants in such Ponzi schemes - the so-called referrers or leaders. They too are scammers, ready to sell their souls just to get you to register via their referral link and make a deposit into the system. So I recommend staying away from Group Crypto Trade, you will lose everything anyway.
Support does not respond to me, and for some reason, the withdrawal is not happening. What's the use of a profit of +$150 if it can't be withdrawn? What can I do to get Group Crypto Trade to return my deposit and profit? How can I influence them?