Secondly, there is NO mention whatsoever of Cryptex or crypt.EX in any of the mobile banking app award listings, despite it claiming to have won the 2019 “best mobile banking app” award. Cryptex, or crypt.EX, is definitely too good to be true. Learn How I Earn a Living Online (& How You Can Copy What I Do)įirst of all, if something sounds too good to be true then 9 times out of 10 it’s because it is too good to be true.This means that you could end up depositing literally thousands of dollars of dollars before you finally manage to figure out that the whole thing is actually nothing but a scam. The app has been designed to make you believe that you’re making profitable trades when you’re actually making nothing but losses, in an effort to encourage you to make additional deposits so that they can earn further commissions from you. What’s worse, however, is the fact that upon depositing, you do actually get provided with access to the Cryptex “app” as promised – but the app itself is a complete fraud. The brokers know that it’s designed to make you lose, not win & that’s the real reason they’re paying the creator commissions for getting you to sign up & use it. So this, therefore, makes it quite clear that the Cryptex is actually a scam & that the broker & the creator of the Cryptex app are actually both in cahoots on it together. The answer is that they wouldn’t – because if they did & the app really worked, it would put them out of business overnight. Why would a broker than only makes money when you lose money, pay commissions to the creator of an app that’s supposedly guaranteed to make you win? So couple that fact with the fact that the broker is affiliated with Cryptex, and ask yourself – why? Through a binary options broker, you don’t actually invest in anything, you simply place “bets” on whether you think the value of something will go up or down over a short period of time (usually under 60 seconds).Īnd the reason this is bad is that this means that the binary broker only earns money when you LOSE money since if you win, they have to pay your winnings out of their own pockets. However, in this instance, it is bad because the broker that they’re recommending to you is what’s known as a binary options broker, which is very different from a normal broker. It’s a method of earning known as affiliate marketing & it’s perfectly legitimate to earn commissions in such a way online. This means that if you sign up & make a deposit, then they get paid a commission at your expense. What they don’t tell you, however, is that they’re actually affiliated with the broker that they recommend to you. You’re led to believe that you just need to sign up, make a deposit with the broker that they recommend & then activate the system to begin making money. You’ll see why & get to learn how it really works below…Ĭryptex portrays itself as being an automated trading system. In fact, Cryptex (or crypt.EX as it’s alternatively known) is nothing more than a Russian-based scam. The answer is because, unfortunately, it doesn’t really work as promised. Why, if the Cryptex app can really generate people money so easily, are people still working at jobs that they dislike for less money instead? If it really has had all of those features & it really does work as promised, then why isn’t everybody using it? It even claims to have won the 2019 award for “best mobile banking app”, as shown below:Īnd on top of that, it claims to have been featured in various high-profile publications such as Forbes, the Financial Times & TIME magazine.īut the leads me to ask 1 pressing question… What Is Cryptex? | How Does Cryptex Work? | The Red Flags | Is Cryptex a Scam? | A Better Alternative What Is Cryptex?Īs I briefly touched on above, Cryptex claims to be an app that can allegedly provide you with “fast & effective way to get rich” as it is supposedly able to trade cryptocurrency profitably entirely on your behalf. Well, the good news is that you’ve landed in the right place to find out because in this Cryptex review I’ll be uncovering everything you need to know, including how it all really works. The Cryptex (alternatively known as crypt.EX) calls itself a “Smart Investing System” & promises to provide its visitors with a fast & effective way to get rich.Īll you need to do, according to the creators, is simply make a deposit & activate the system to have it begin making profitable trades for you entirely on your behalf.īut is it actually legit? Or is Cryptex a scam?
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