What is Kryptolect.Com? Is Kryptolect Scam?
If you are searching the web to know about Kryptolect.biz, then you are one of those smart investors who study first about the company and then invest. Since, you are searching about Kryptolect it means that some questions might be troubling you, right? Questions might be like, is Kryptolect Scam? Or is Kryptolect Legit? Or is Kryptolect Real? Or is Kryptolect Fake? In this Kryptolect review we are soling all questions stated. Online investment market is vast and new cryptocurrency investment market grow besides old investment market. There is a craze of bitcoin in present world. It’s increasing value attracting worldwide investors towards it. Therefore, there are people opened websites offering high returns on their bitcoin investment. Even fraction of bitcoin is very valuable, therefore, investor should invest using its wisdom. If you do not want to read full review then ‘we do Not Recommend Kryptolect because it is working on Ponzi scheme’. In ponzi scheme companies pay to its members from the money invested by the new members. Since it not a sustainable model for any business entity, therefore, company stop payment after some time and then run away with people money.
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How does Kryptolect works?
The company have very simple investment plan i.e. they are offering 4% daily interest for 40 days and 0.4% hourly for 325 hours to its members. This number might lo0ok good and also genuine. If we multiply 4% with 30days of a month then it turned into 120% interest every month. If we multiply it with 365 days then the interest one receives will be 1460% interest annually. Major big banks of the world offer 5-6% annually. Kryptolect is bigger than those banks and offering 1460% interest annually. This is not possible. Many people may receive money initially for days, may be for some weeks but after that company will going to shut off. It is because people operating it will run away with your money. They are operating in ponzi scheme, therefore, they do not have any plans to pay interest to its members other than paying from the new deposits.
Therefore, investing in this company is futile because they got no sustainable plan for long term and investment without thinking of future is absurd thing to do. We advise our readers to avoid such website.
They have two affiliate programs i.e. 5% and 1% commission for members on each level respectively. The referrals are used to increase traffic for company but genuine company offer very low commission in reward and sustain for long. But Kryptolect offering high commission and that is why it makes our argument more strong questioning its sustainability. This company does not get any future. They are non-reliable as an investment company because of its working on unsustainable business model.
The credibility of any company increase through trust and transparency provided by it. They did not provided the information of the owner or professionals of the company. They are just want people to blindly believe on their words written on their website. The company also hided its information in WHOIS records and we are not able to know who is behind this website. They are hiding themselves intentionally because they have fear of getting caught. Since they are going to shut their website and not going to pay people their dues, leaving no information give them advantage to run away without fear of getting caught.
The company tried to proof its authenticity through registration certificate. They have provided UK Companies registration certificate. The company is registered under Company name: KRYPTOLECT TRADES LIMITED and company number: 11225979. Yes registration is right but we found out that to register any company in UK Companies is done through by paying 20GBP only. It means you can also become an owner of any company by paying its members. Their proof of authenticity is not solid enough to declare them a genuine Investment Company.
We do Not Recommend Kryptolect because many website listed in our Not Recommended list which were declare not recommended by us turned into scam. There are questions which are very genuine, not answered by this website. There are no ways to get high returns easily, companies are just taking the advantage of people ignorance and looting them by making fool.
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If you have any doubts about Kryptolect please bring in our watch by commenting in comment box.