Read our review to understand that Crypto Engine is in fact a scam funnel designed to drive money away from you.
About Crypto Engine
They say that the price of bitcoin is continuously rising, therefore it is easy to make money. They will guide you through everything. But is it really that easy?
Crypto Engine is a scam
Let’s start with some basics. Financial trading and investing is never easy, there is no easy money in it. Yes, cryptocurrencies have had their exponential growth in the past, but for two years we have had a bear market and nobody knows if or when that will change.
Anybody saying that it is easy to make money in crypto trading is a liar and a scammer who is hiding the last two years from you. Indeed, that is what Crypto Engine is doing. They show you the chart of bitcoin up until the beginning of 2018 and they hide last two years when the price when down. You will se the complete chart on our picture.
How it really works
The reality is that people who run Crypto Engine don’t know how to make money in crypto trading. But they have partnered with some shady and unregulated brokers that are paying them for getting new customers.
So, it works like this: if they manage to persuade you to deposit and trade with one of their brokers, they will get paid by the broker for referring you. In our case it was Dash Trader they wanted us to deposit with, which is unregulated.
If you deposit money with them, you will never see it again. They will keep it and share it, and tell you that you lost it in trading. And then they will ask you for more deposits. They will say that circumstances were exceptionally unfavorable and that it will change. But it won’t, every deposit with them will be lost. So, don’t send them any money!
Crypto Engine review conclusion
Crypto Engine is a simple scam, just a way to make you send money to unregulated brokers that will rip you off. Stay away from them!
If you want to trade cryptocurrencies, start on a free demo with a regulated broker and learn with virtual money.
Only when you have a proper strategy and an understanding of the risks, you can start trading with real money.