Cryptolarity.com exhibits multiple red flags that evident it is a fake crypto website. Are you considering signing up to Cryptolarity.com? DON’T do that yet. Once you deposit your money, you will neither get your money back nor make any profit.
In this computer age, crypto currency platforms like Cryptolarity.com website has gained widespread popularity and value. Hence, crypto platforms are fast increasing and scammers are taking advantage of the opportunity to scam people. They set up fraudulent websites, copy contents and images from legit cryptocurrency platforms so as to lure people into investing.
Sadly, anybody that falls for the scam and makes deposit ends up loosing money. Cryptolarity.com is one of those malicious websites.
This article explains the details about this Cryptolarity.com website and why users and scam detectors flagged it fraudulent.
What Is Cryptolarity.com All About:
Cryptolarity is one of many fake crypto exchange websites that share the same content and that use Tiktok as their main way of finding potential victims for them to prey on. for people to buy and sell crypto currencies ranging from Bitcoin Ethereum, Ripple, Litecoin etc.
According to the official website, Cryptolarity claims that entrepreneurs like Elon Musk, Warren Buffett, MrBeast, Jeff Bezos, and Bill Gates endorsed it.
It also claims to be the crypto exchange platform that makes digital currency operations easy and affordable for everyone. Also, you can store and manage your digital assets using the most secure, compliant, and user-friendly custody solution on the market.
Moreover, this scam crypto website runs multi-channel campaigns on social media platforms like TikTok, Facebook, Instagram, and via email spam to advertise these fake celebrity partnerships and cryptocurrency rewards in order to make people believe they are legitimate.
What To Do To Earn The Alleged Money From Cryptolarity.com
Below are the following false ways to make money on Cryptolarity.com
- First of all, you have to register. Follow step by step and sign in
- Start trading. You can trade with any cryptocurrency of your choice.
- Use promo code to increase your income,
- Finally, you start earning money from the platform
Sounds interesting right? Don’t be deceived! In reality, you won’t make any money after following those stipulated means.
Specifications Of Cryptolarity.com Website
Red Flags Of Cryptolarity.com Website
Cryptolarity.com Was Recently Registered
According to Who.is (a domain checker) the website was recently registered on 27th November 2017 and expires on 27th November 2022. Meaning that the website has been in existence for a long time.. And it evident that the website can be disposed easily.
False Claims
The scammers behind Cryptolarity.com claims it is endorsed by some celebrities- Elon Musk, Warren Buffett, MrBeast, Jeff Bezos, and Bill Gates. Also, it runs multi-channel campaigns on platforms like TikTok, Facebook, Instagram, and via email spam to advertise these fake celebrity partnerships and cryptocurrency rewards.
No Contact Us Info
There is no information to contact the people behind Cryptolarity.com website. There is no address, email or phone number provided. How then can you contact them if anything should go wrong. It’s very risky.
No Social Media Presence
Cryptolarity.com failed to provide links to their social media pages. It is obvious that they are scared of being exposed by the social media authorities.
Is Cryptolarity.com A Scam?
Yes, it is a scam. Having seen the above analysis, Cryptolarity.com is a viral website designed by scammers to lure and defraud unsuspecting individual. Investors should not trade on it. The claims to be the fastest growing global cryptocurrency exchange – with the lowest fees around is false. Besides it has been flagged fraudulent by both scam detecting websites and users online.
Don’t be carried away. Just like Cryptotradeunit, cashjob, Maxebitex and Nevexet that we reviewed earlier, you will not make any profit rather you will be defrauded.
Besides, there are some negative reviews on Trustpilot by users calling it a scam.
See review below-
It’s a scam a massive fraud.
They scammed me of 3281 USD by following a link on you YouTube channel called Cryto & bitcoin news.
for they tried to milk me more by telling me that I needed to deposit a further 6000 USDT to unfreeze my fund i refused know the close my account. reported them to Fraud Action UK & FCA and FCA told me they are a scam.
Tips To Know Fake Crypto Trading Websites:
- The website promises of guaranteed returns.
- You cannot withdraw your money or they want you to pay more to get your money back.
- They use new domain names
- There are tons of negative reviews online about it
Ways To Protect Yourself From Being Scammed
- Analyze Celebrity Endorsements. Don’t just believe a website is real because it mentioned celebrities or public figures as its sponsor. Scammers often fabricate endorsements to gain credibility.
- Ignore Urgency. Most times, these scam crypto site like Cryptolarity use urgency as tactic to make investors to fall for them and make deposits. Legitimate investments offer time for research and consideration.
- Search for Reviews and Feedback. Look for independent reviews and feedback from fellow traders. Scammers may create fake positive reviews, Some go to the extent of paying bloggers for sponsored posts
- Question the too good to be true Promises. Be skeptical of offers promising unrealistically high returns or guaranteed profits. If an investment opportunity seems too good to be true, it likely is.
- Verify Regulation and Licensing. Check the authenticity of the platform or service. Check if it is regulated and licensed by relevant authorities. Scammers often operate without proper authorization.
Conclusion
Cryptolarity.com is a scam crypto site that is ripping people off their money. Once you deposit your money, You won’t get it back.
