In this review you will learn that Crypto Family is a fraudulent project that is hiding behind cryptocurrencies to play an illegal financial game.
What is Crypto Family
Crypto Family is describe as a cryptocurrency project that will generate you a passive income. The project allegedly is mining crypto in a cloud system, generating NFTs, validating crypto transactions and doing professional market analyses.
The basic investment is 21 USD, which after 8 days will start generating you 2 USD per day in profits. You can also increase you profits by referring new paying members to the system.
So, is Crypto Family legit, should you invest your money?
Crypto Family scam
It couldn’t be more obvious that Crypto Family is a scam. It has no substance, there is no legitimate activity going on. It is just a financial pyramid that is going to collapse. Here are the details.
When a project promises to generate you profits, you should ask where will the money come from. And Crypto Family does not provide clear answers.
They say they are mining cryptocurrencies. But on the other hand they say they use the Wax blockchain. These two don’t go together. It’s because Wax is based on delegated proof of stake, so there is no mining in that blockchain.
So what is Crypto Family mining and where? Where is the hardware it is using?
Similar questions apply to all the other activities that the project is supposedly doing. Where are the NFTs? How are they “validating transactions” and in which blockchain?
The reality is that Crypto Family is not doing any of those things because it is a scam.
How do we know for sure that Crypto Family is a scam? It’s because of the rewards they are promising and their structure.
Let’s start with the basic investment of 21 USD that will generate you 2 USD daily after the first 8 days. Already in the first month it means more than 200% in net returns, in the second month it’s 300%.
Which is absolutely unrealistic. No legitimate crypto project can generate 200 – 300% monthly for its users. Certainly not in mining or staking. And it would take someone who sees the future to achieve such profits in trading.
The reality is whenever you see a project that is offering a steady 10% daily like Crypto Family does, you can be absolutely sure that it is a scam.
How Crypto Family truly works
What if Crypto Family is paying, is it still a scam? Yes it is. Its presentation clearly shows that it is built as a Ponzi scheme, and these schemes tend to pay in their early stages.
It’s because they take money from new users and use it to pay older users. Which can always work only for so long.
That is why they will motivate you to leave money in the system, to reinvest, to bring in new investors. They will try to maintain the illusion of a growing system full of money, while in reality it will be a house of cards that will crumble as soon as withdrawal requests exceed deposits.
Which will happen for sure, the only question is when. You don’t want to be part of a Ponzi scheme not only because you don’t know when it is going to fail, but also because no profits are legit in these schemes.
Even if you are lucky to get some profits out of Crypto Family, you have to know that somebody else will have to lose and get scammed for that.
Crypto Family review – Conclusion
Crypto Family is a pure Ponzi scam that is only pretending to be doing real activities in the crypto world. It is going to collapse and reveal that the system is empty, so you have to stay away from it.
Stay away from all projects that promise daily returns in the same magnitude as Crypto Family because they all are scams. Nobody can generate you hundreds of percent in monthly profits.