Crypto Ant Limited supposedly is a company of professional cryptocurrencies traders. The trading activity allegedly generates high profits that you can get a share of.
The company offers three investment plans with returns up to 550% after 10 days, deposit included. This means 450% net after 10 days, which is 1350% net in on month. Really?
Crypto Ant scam
Anybody offering 1350% per month is a scammer, there is no other way. In fact, Crypto Ant is a Ponzi scheme. This means an illegal financial game, where some profits might be paid out, but money from new deposits will be used for that purpose.
Such a scheme always runs out of money quickly, especially with returns promised by Crypto Ant.
Crypto Ant is proudly showing a certificate of incorporation in the UK, but it means nothing. First of all, it is only a few days old, and secondly, it does not say anything about the legitimacy of the business.
In order to provide investment services legally, you need a licence from the Financial Conduct Authority. But as you can see on our picture, Crypto Ant is not registered with the FCA, so it is acting illegally.
Crypto Ant is a typical Ponzi scheme, a scam that is going to fail and take a lot of money away. Don’t get involved.
If you want to make real money in crypto trading, start on a free demo with a regulated broker. You will have to learn a lot of things and build a sound strategy.
And don’t forget that in trading you can not only make, but also lose money, so be careful if you decide to switch to trading with real money.