You visited a website, got a mail, or saw an advertisement and are asking yourself:
Is Crypto Boom safe & legit or Scam & Fake?
According to our experience, Crypto Boom is a scam!
For your investment in cryptocurrencies, Bybit is a reliable and reputable alternative:
Reading this review and comments will save you money and show you safe alternatives to buy Bitcoin or other cryptocurrencies. Because crypto is a great thing, but some sites are not!
If you already registered with Crypto Boom and have made your own experience, please use the comment section below to share your knowledge and help others.
Table of Contents
Key Takeaways
- Crypto Boom is, in our opinion, a rip-off and scam
- a reputable alternative for trading cryptocurrencies is Bybit
- read our full review to learn all the details about Crypto Boom
Is Crypto Boom Scam?
According to our opinion, it is, and with this easy comparison, you can make an opinion yourself:
Criteria | Crypto Boom | Bybit |
---|---|---|
Realistic Promises Is the product advertised correctly? | No | Yes |
Real Profits Have users already made real profits? | No | Yes |
Risk Warnings Are investment risks shown prominently? | No | Yes |
Real Testimonials Can you verify the reviews and customer testimonials? | No | Yes |
Solicited Contact Did you get in contact with the broker on a trustful source? | No | Yes |
Client Funds Is the handling of customer money transparent and disclosed? | No | Yes |
Verification Do customers have to verify their identity? | No | Yes |
Company Information Can you find the address and contact information? | No | Yes |
You can check all the above points directly on the website of Bybit.
About Crypto Boom
Also, there is not much information available, this is what we could find about Crypto Boom:
Name | Crypto Boom |
---|---|
Company | unknown |
Address | unknown |
Website | seen on different domains |
App | unknown |
Contact | unknown |
CEO | unknown |
Founded | unknown |
Payment Methods | unknown |
Fees | unknown |
Languages | unknown |
Conclusion
There is not much left to say: You read our review of Crypto Boom, and we hope you got to the same conclusion as we did:
Stay away from Crypto Boom because, in our opinion, it is a scam.
But don’t let this stop you from looking into cryptocurrencies. There are safe and secure ways to buy your first cryptocurrencies, and we can recommend you to have a look into Bybit.
Frequently Asked Questions
We collected and answered some of the Frequently Asked Questions about Crypto Boom:
What is Crypto Boom?
Crypto Boom (which we reviewed here) is one of hundreds of marketing funnels several brokers use to acquire new customers. It doesn’t matter which broker you finally sign up with or if the broker is regulated (or not). Or if it is not even a broker but just an online simulation. These marketing funnels violate the most straightforward marketing (and moral) standards, promising easy profits and more. Point!
Is Crypto Boom safe & legit?
When reading this review, we will show you a simple process of how you can find it out yourself and make your own opinion. By doing this, you don’t have to trust us or other websites, following the concept of DYOR (do your own research).
Why do some reviews say that Crypto Boom is safe?
Pecunia non olet or: Money doesn’t stink. According to our information, you can earn between $500 and $800 per new depositing client when promoting Crypto Boom. And this is at least five to six times higher than promoting safe crypto brokers and exchanges. And within our review, this leads us to one conclusion. More questions?
I'm part of the crypto space since 2013 and I strongly believe in it. But I also know how it feels to get scammed and to realize financial losses. With my website Cryptoscam.info I want to support you to stay safe and to give you a platform to share your experiences.
Today I came across a website claiming Sadhguru swore by Crypto Boom to make millions for himself. No search on YouTube yielded any such interview. I left my number and was immediately contacted by a customer rep. He said they were based in S.America with several offices in different countries, but did not disclose his location in India, from where he had called. He claimed if I started to trade right away, I need only deposit 100$ (not 250$ as required by them) and he’d give a 50$ bonus. He also said there is no commission taken and the whole amount can be withdrawn instantly without any cut. He shared a questionable screenshot without any date etc, showing a withdrawal request of 100$! He was quite persistent I start right away and was visibly upset when I declined. More research and I came here. Thanks for spreading the awareness about yet another crypto trading scam.