Cryptoix claims to let you make money by mining Bitcoin. In this review, I am going to reveal everything about Cryptoix. This review is written to answer the question ‘Is Cryptoix Scam?’.
This review consists of information like:
- What is Cryptoix?
- How Does Cryptoix Work?
- How to Join Cryptoix?
- What Do I Like About Cryptoix?
- What Don’t I Like About Cryptoix?
- Is Cryptoix A Scam?
Before I start, I must congratulate you for spending time to do your own research about the truthfulness of any program.
It is important to check a program’s review before buying it because there are too many scammers online!
I am not associated with Cryptoix in any way so rest assured that I am not here to sell you anything.
Cryptoix Review Summary
Product Name: Cryptoix
Product Type: Cryptocurrency network platform
What is Cryptoix?
Cryptoix is a cryptocurrency network platform that offers up to 200% of daily returns by mining Bitcoin. There is no named founder and the company is based in the United States.
The company handles investments not only in cryptocurrency, but also in gold and foreign exchange. Not only that, the company offers affiliate memberships for free up to 4 levels. However, you need to join one of their investment plans to obtain the full income opportunity.
To those who don’t understand Bitcoin mining, I will explain a little bit.
Cryptocurrency was invented nearly a decade ago. What made Bitcoin so popular was the blockchain technology it used. Essentially, a block is the data of transaction and the chain is the public database.
Blockchain technology in cryptocurrency is highly secured and almost impossible to manipulate. That is because the data is stored in a network of supercomputers that are in the Bitcoin protocol network. If a hacker attempts to alter information on the blockchain, the hexadecimal generated by the blockchain will be altered, which makes it discoverable and then terminated.
Since the blockchain is on a public database, it has a lot of copies. Even if a hacker manages to alter one of the blocks, the other databases are still around and the altered ledger will be eliminated.
However, due to the high security, Bitcoin transactions must be audited by supercomputers. This process is called mining. It is basically guesswork to obtain a hexadecimal equal or lower than the transaction code. Only the number that is obtained the fastest can be rewarded with Bitcoin.
How Does Cryptoix Work?
Cryptoix claims to use Bitcoin mining to achieve the enormous return on investment it promises to its customers. However, they do not state their approach as in how they are going to mine Bitcoin.
As I have mentioned above, Bitcoin mining is a complex procedure that requires supercomputers. I do not think an experienced cryptocurrency investor would follow Cryptoix if they do not know how they are going to mine Bitcoin.
Besides investing in Bitcoin, Cryptoix also offers a chance for investors to become affiliates. The referral system is divided into 4 levels. The first level can earn up to 9%, second level 3%, third level 2% and the fourth level 1%.
How to Join Cryptoix?
It is fairly easy to start using the platform. All you have to do is click “Sign Up” and the rest of the process is pretty much self explanatory. You also need to agree to their terms and conditions before joining.
Under the terms and conditions, Cryptoix has stated that their services are not available to the general public. Only those invited are allowed to join, does it sound familiar?
Cryptoix not only supports Bitcoin, it also supports Payeer and other altcoins.
What Do I Like About Cryptoix?
1. It is a secure site
Cryptoix uses SSL encryption on their website. If you are planning to purchase something online or make a transaction through a website, always check if it is secure.
You can do so by checking if there is a lock icon beside the URL of the website. If there is one, it indicates that the website has a very secure connection with the server. This means the data transmitted from your browser to their server is encrypted.
It is important for a company that handles transactions like Cryptoix to have a secure website so that clients can always be at ease.
What Don’t I Like About Cryptoix?
1. No named founders
In the “About Us” section of the website, you would expect to find information about the founder. However, all it says is how Cryptoix is an investment company made up of financial professionals. There is no information about the founders at all.
If you are going to invest in a company, are you going to invest if you have no idea who is handling your money? I wouldn’t do it.
2. Fake address
The website has stated that their physical address for the company is 2303 State Road 120, Lake Geneva, WI53147, United State. However, when I looked it up, it was a fake address.
The address stated was a residential house in a suburban area for sale. If a company has to fake their physical address, what else do you think they are hiding from you?
Is Cryptoix A Scam?
As legitimate as the website claims to be, Cryptoix has raised some red flags. They may be a secure website for transactions, but a SSL certificate is not expensive to buy.
Providing a fake address and no actual founder raises suspicion no matter the company. Cryptocurrency might be a good investment due to its technology and security, but blindly investing in a company unknown to the market is not a smart move.
I recommend you stay away from this site if you value your time and money. If you are truly interested in cryptocurrency, you should learn more about how they operate and research on safer platforms to trade.
I have made money online myself and I can guarantee you that it’s certainly not easy if you are creating consistent income.
For example, I make money by promoting products on my website and I do search engine optimization (SEO) on my website to gain traffic from Google.
Thus, I don’t have to spend a dime on advertising and yet I get hundreds of visitors on a daily basis.
If you would like to learn more about how I did it, please feel to check below for how I make money online.
At last, I hope this review is helpful to you because I don’t want anybody else to waste time like I did.
Please feel free to leave a comment or share this blog with your friends to raise awareness. Thank you.
Have you thought of creating side hustles that will become your passive income sometime in the future?
This is the No.1 Recommended method that requires no start-up fee but it requires a good amount of time and effort for building the business up.
Click here to learn how to create 4-figure passive income every month with minimal risk.
More Read: Highest Paying Online Survey Sites in 2019
More Read: 6 Ways to Earn Money With a Blog
More Read: How to Make Money From Home With $0 to Start