One of the first details you realize is that everything is hidden from the public. The company presents us with a generic talk about its features, safety, and goals. In reality, none of that matters if they’re not legitimate.
Even at first glance, we can recognize dozens of issues. Luckily, you won’t have to explore them in a hard way if you read this ALTCRYPT review.
| Regulated By: | No Regulations |
| Is This Company Safe? | No |
| Known Websites: | |
| Have Warnings From: | N/A |
| Registered In: | N/A |
| Operating Since: | 2020 |
| Trading Platforms: | WebTrader |
| Maximum Leverage: | N/A |
| Minimum Deposit: | N/A |
| Deposit Bonus: | N/A |
| Trading Assets: | Cryptocurrencies |
| Free Demo Account: | Not Available |
| How To Withdraw From This Company? | With 100% negative reviews and zero transparency, it’s clear you can’t expect a positive experience with this firm. Instead, we strongly recommend you get in touch with our refund experts and start the recovery process right away. |
Legal Info: Is ALTCRYPT Legit Or A Scam?
If you are looking for legal information, T&Cs, or registration details, you better stop wasting your time. This shady crypto exchange doesn’t reveal any of those relevant details. Neither do they mention who founded the firm, where they are based, or what contact options they offer. Even support features are locked for website visitors.
Unfortunately, such experience is only possible with unregulated companies. Therefore, if you look in the databases of CFTC, SEC, ASIC, BaFin, or FCA, you won’t find this crypto exchange. Their name doesn’t show up even in any other low-tier regulatory databases. So, you can simply consider this company a scam and avoid it.
Who Are ALTCRYPT’s Victims?
Quite surprisingly, this fake crypto exchange has been operating since 2020 and yet without any warnings against them. Sadly, warnings can’t be published without enough complaints against the firm. So, if you come from any of their targeted countries, leave your reviews about this firm as soon as possible. Those countries are:
- United Kingdom
- Netherlands
- Australia
- Spain
- Switzerland
All these countries have one thing in common – strong regulatory oversight. So, if authorities have enough proof the company is a scam, they can issue a warning. However, that doesn’t mean they won’t come back with a different brand. All in all, if you ever get tricked by a company such as ALTCRYPT, reach out for a refund consultation.
Traders Reviews
If you search for ALTCRYPT reviews, you’ll find only 15 comments on the Trustpilot platform. However, the reality is that 100% of those are negative. But Reddit comments are nothing better, either. It appears the company approaches traders online while providing them with promotional codes. Usually, these promotions include some fake giveaways and crypto assets that can be claimed.
Of course, the trick is that traders have to pay upfront sums of money to get those rewards. Of course, none of those rewards truly exist. So, when traders send money, they’ll never see it again unless they talk to our refund specialists for alternative options.
Leverage, Commissions, Spreads, Fees and Taxes
Before completing the ALTCRYPT account registration, you won’t be able to find any details about investment costs. To make everything even worse, you need a promo code to register in the first place. So, we are unable to test those options for you. Thus, with such mysterious features, you shouldn’t even think about testing their services.
Bonuses
Obviously, the company might be using any fraudulent tactic they want. Starting with rewards, fake giveaways, and potential bonus offers.
However, without transparent T&Cs, it’s hard to prove that. But for some more cheesy tricks and advice, we recommend you read our ETHWorld review as well.
ALTCRYPT Trading Features
Unfortunately, there are no features that can truly attract any experienced trader to this company. Fairly, when you see such low transparency about all offers, fees, and available options, you should stay away from such firms.
Some advanced options with trusted exchanges are contract options, futures and perpetual trading, copy trading, etc. Sadly, none of that is available here.
Trading Platforms Available
One of the key details about the ALTCRYPT exchange is its trading platform. It’s completely web-based and all you see in your dashboard is entirely fictive.
Yes, you might be using third-party platforms to purchase crypto via card, and it might appear legit. However, the details presented to you are completely fake.
Available Trading Assets
As can be seen, the available ALTCRYPT crypto assets are another mystery that has not been solved by the company. Quite strangely, they don’t present us with any details about its offers. As mentioned, most likely it’s all fake, and therefore, don’t bother investigating those at all. Instead, make sure to check our tips from the Onechain Capital review.
Account Types
With such low transparency, we didn’t expect any account-type information to be available. But not to reveal any details about the minimum deposit requirements, that’s highly suspicious.
Sadly, before you complete the ALTCRYPT login process, you won’t be able to find any information.
Mobile Trading App
Even though the company briefly mentions the ALTCRYPT app to be available, be sure it’s not. Otherwise, it would be transparently presented to customers and also available in trusted stores.
Demo Account
Expecting a demo account with the fraudulent firm is nonsense. Firstly, it would expose all the company’s flaws. Secondly, that would waste their precious time to steal your money. Instead, keep your funds with top-tier regulated firms to avoid any trouble.
Education
Education about cryptos can definitely keep you away from shady firms. After all, that’s why ALTCRYPT has no educational programs at all.
ALTCRYPT Withdrawal
Fairly, withdrawing funds in a few clicks, as advertised, is impossible. Especially after all the complaints about the ALTCRYPT withdrawal procedure.
The company can easily make up any excuses they want. In most cases, those are verification problems and delays in transfers. But also, don’t be surprised if they require you to pay taxes through them.
Customer Support
Honestly, when the company is hiding contact options, there’s no excuse to trust them at all. Apparently, all the contact options are available for registered users. But that simply tells you they want to stay anonymous for as long as possible.
Key Information To Consider About ALTCRYPT
Literally, every bit of detail about the ALTCRYPT scam company is suspicious. Starting with missing regulations, hidden conditions, platform irregularities, and contact options. Also, there are 100% negative reviews about the company.
So, if you are stuck with this firm, there’s only one thing to do. Get in touch with our refund experts, find out the possibilities of the CipherTrace tool for crypto tracking, and then decide what’s your next move. Before you know all the options, you won’t make an educated decision. Therefore, book your first free consultation today.
FAQ Section
What is ALTCRYPT?
ALTCRYPT is an anonymous crypto exchange that has been scamming traders worldwide since 2020.
Is ALTCRYPT Legit?
Absolutely not. The company has been operating without the regulations and transparency required for a money services business. Not to mention their 100% negative reviews.
How Much Are ALTCRYPT Fees?
All the fees with this exchange are hidden. Most likely because it’s all made up. But if you fell for their tricks, get in touch for refund options.
Source:
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