This review exposes the Mega Crypto Trade scam that offers profits from crypto mining and trading.
Mega Crypto Trade is a company with a wide variety of services, it says it offers bitcoin transactions, bitcoin mining, an instant exchange, investment banking, instant trading and investment planning.
In other words, it is an investment and financial service focused on cryptocurrencies.
The minimum investment is $300, and you can get up to a 50% bonus on your deposit. On Instagram you will find success stories about Mega Crypto Trade, but are they true?
Mega Crypto Trade scam
First things first, when you see a platform that offers everything from financial trading, investing and crypto mining to online banking, you should become very alert, because such a range of services requires a reliable and regulated organization.
Most of the services offered by MegaCryptoTrade require licenses from regulators, so you should check if it has them. But what a surprise, this company does not even tell where it is located!
It is not only a huge red flag, it automatically means that it is not regulated. Regulated companies have to provide complete contact information and details about their licenses.
This means that it cannot be offered legally in most countries and that deposits are not protected nor safe with this company. This alone is enough to stay away from it. But there is more.
Mega Crypto Trade testimonials
On our picture you will see that people on the photos are not real clients, because these pictures are stock photos that anybody can buy.
Instagram stories about profits made with Mega Crypto Trade are fake too, nobody is making money with this scam service.
You see, this is a common practice of scammers, not only they create fraudulent programs that are designed to steal your money, they will also infest the internet with fake reviews and testimonials. They have huge networks of websites and social accounts for this purpose.
You always have to do your own research and don’t just rely on stories posted by anonymous people. The first criteria you should always use is regulation, and as we explained, Mega Crypto Trade is not regulated, it is an illegal service.
Mega Crypto Trade review conclusion
Mega Crypto Trade is a scam, it is an illegal and unregulated investment service which displays fake reviews, stay away from it!
For trading you should stick to regulated brokers and start on a demo account with virtual money to try everything risk free.
Because there are risks associated with real money trading, so you first have to understand them and prepare a strategy before using real funds.