A Closer Look at Kripto Future
The platform claims to offer users immense crypto support features. These include the chance to mine crypto and store digital assets in cold storage. The only problem is transparency as it lacks from the company.
Those who have already signed up with their investment wing are in for a rude surprise. After the vesting period is over, none of them will get to withdraw funds. After depositing funds with the platform for investing, there are no returns.
At the end of the day, Kriptofuture.com is another crypto investment red flag. We have to expose them to protect you, the investor. Thanks to years of investing and trading, we know how to spot scams a mile away.
That said, you should invest in realistic investment platforms with proven outcomes. These platforms include those that offer Coin staking, DeFi, and Masernoding. We have a list of some of the best Crypto investment platforms the industry has to offer. So why don’t you give them a try?
We can only feel sorry for those who have already lost funds with the platform. Our duty is to protect other investors from falling into this trap. Stay away from the platform or become the next Abigail.
Abigail’s Experience with Kripto Future
With the Crypto world growing with excitement, Abigail saw this as an opportunity to invest. So she decided to deposit $10,000 and wait for the vesting period to end. After the vesting period, she was promised a hefty ROI.
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According to Abigail, the ROI would be in the realm of $15,000 after four months/ All she had to do was deposit and wait for the platform to do its magic. But, of course, that was four months ago, and today, no one even attempts to call her.
She has no access to her account and receives emails claiming her funds are in cold storage. However, the platform is adamant that she will receive her funds six months later. According to kriptofuture.com, the first period was the initial phase of investing.
The platform certainly didn’t inform her about the second phase of investment. That means she has to wait for half a year to receive her funds. The problem persists as she can’t withdraw funds as the terms dictate against it.
You would expect such a platform to inform users of the people behind it. But, unfortunately, it’s not the case as there’s no information on who owns the platform. All we have is claims the platform has an office in Liverpool, United Kingdom.
Anonymity is one reason to stay away from the platform. There’s no need for you to invest funds with an anonymous platform. Please stay away from it or else risk losing your funds. Then, no one can track them down.
Hiring recovery agents won’t help as they don’t have the power to freeze accounts. In most cases, the recovery agents will ask for more money and fail to deliver. The only solution is to avoid investing with anonymous platforms.
Once you look at the website, it has a catchy design. With such features, you expect direct communication with the support team. Unfortunately, it’s not the case as the platform only leaves an email address as a point of contact.
Suppose you send an email today requesting to withdraw funds due to an emergency. Unfortunately, it’s not possible to get a response in time. So the platform uses the email avenue to gauge the mindset of members.
Once you send a withdrawal request, they already know you want to withdraw. And this makes it a perfect time for the platform to block your account. With no other point of contact, your funds are as good as gone.
Deposit and withdrawal channels
When depositing funds with this platform, they go for e-wallets. In case you don’t have an e-wallet, the platform gives you a link to PerfectMoney. It’s one way for the website to earn funds using affiliate partnerships.
Withdrawing funds with KriptoFuture remains to be the biggest hurdle facing members. No member has made any withdrawals from inception. It would be best if you remembered that the first vesting period is over.
What this points to is a platform with no guarantees of releasing members’ funds. And that’s the main reason why you should avoid it. But, on the other hand, the platform will readily accept your funds and avoid withdrawals at any time.
Domain Records (kriptofuture.com review)
As we publish this post, the platform is 212 days old. By now, the second vesting period is over. Unfortunately, we still don’t have anyone with proof of withdrawing funds or getting returns. The website went live on December 2, 2020.
According to their IP location, the platform is in Sao Paulo, Brazil. They claim they are located in Liverpool is false. And this is how you expose or find out a platform’s location. These are offshore crypto enthusiasts trying to take advantage of European investors.
Is Kripto Future Licensed or Regulated?
Kripto Future is not a licensed or registered entity which makes it a dangerous platform. Without any proof of oversight, you are at the mercy of these unknown persons. The advantage of using a regulated platform is enjoying the protection that comes from regulators.
No regulator in their right mind would allow users to wait for such a long time. The regulator would ensure there’s a withdrawal timeline in between vesting the vesting period. That’s you need the right investment platforms that protect your interests.
Pros and cons Kripto Future
An ecosystem of Kriptofuture does not give a clear picture of what the platform is about. We get the feeling the platform wants to offer several crypto products and services under one roof. Although this is possible, they fail to execute it.
An example is their Kripto Academy, where they fail to disclose any information about it. As a result, you are left with more questions than answers. Is it a Crypto learning academy meant to enlighten users on crypto mining and trading?
These are the missteps the platform makes on the homepage. All you have is a diagram showing their ecosystem. It would have been nice if they had a video trying to inform users of what to expect.
Kripto Trading Robot
According to the homepage, they claim their experts have come up with a unique trading robot. But, unfortunately, there’s no demo available for testing their robot. All you have is an assurance from the platform that the demo works.
It’s not the case as the platform does not offer any robot to boost your trading outcome. If they had a revolutionary robot, they would sell it to the highest bidder.
Safety of funds with Kripto Future
With no oversight in play, the security of funds is out of the question. The platform fails to offer users the chance to safeguard their interests. There should be insurance cover for deposits made by investors.
With the safety of funds not possible, we wouldn’t recommend using Kripto Future.
Conclusion on Kripto Future
Every aspect of the platform screams security risk. Therefore, we are adding kriptofuture.com to our blacklist.
Here’s the best part of investing, there are proven crypto investment platforms. Just use industry-backed crypto investment options for a safe experience.
Feel free to leave a comment, and we would happily engage.