Cryptic Max supposedly is a company that provides its clients with an opportunity to make money in crypto mining.
You are supposed to deposit money with Cryptic Max and get paid mining profits, up to 15% daily.
Is this a real opportunity?
Cryptic Max scam
Unfortunately, Cryptic Max is not a mining or investment company, it’s scam. The first thing you should know is that it is absolutely impossible to make 15% daily in real cryptocurrency mining. That’s a fact.
Because of the lower prices mining is today barely profitable even for big miners.
The important thing is that Cryptic Max is providing investment services, which is a regulated activity, so they need a licence from the FCA.
But as you can see on our picture Cryptic Max is not regulated, therefore it is operating illegally.
What is Cryptic Max really about? It is a crypto Ponzi scheme. This means that money is collected and some profits might be paid at the beginning, but only with new deposits. No real business activity is going on, just an illegal financial game.
As you can guess, such a scheme is going to collapse very soon, when there is not enough new deposits to cover withdrawals.
Cryptic Max is an investment scam that is abusing cryptocurrencies to steal money from people. Stay away from it.
Making money in crypto mining is very difficult, but you can try crypto trading instead. If you are interested, start on a free demo with a regulated broker.
But you have to know that you won’t be able to make 15% daily, such a high number is simply impossible to achieve.