According to the web presentation Crypto Trade Book is the “most advanced auto trader” for cryptocurrencies with a winning rate up to 85%. The robot allegedly uses professional external trading signals.
What is the cost of such a miraculous trading robot? $0. Really?
Crypto Trade Book scam
This trading software is very dangerous, because it has a demo that uses fake prices to generate fake profits. So, if a user starts testing it, he or she will see a lot of profits and will probably think that it is a profitable robot.
But if the user deposits money and let the robot trade with it, he or she will lose everything, because real trading cannot be faked and the robot is not profitable.
But Crypto Trader Book has no licence whatsoever, so it obviously is an illegal investment service.
How it really works
The true purpose of Crypto Trade Book is pretty simple. People who run it are paid by some unregulated brokers for referring new depositors. So, they use this scam robot just to do that, make people deposit with certain brokers.
In our case the robot was pushing us to deposit with eMarketsTrade, which of course is not regulated.
Crypto Trade Book is a scam based on a known losing trading robot, stay away from it!
If you are interested in making money in cryptocurrency trading, first try a free demo with a regulated broker to see how it really works.
Be sure to understand all the risks before you eventually start trading with real money.