Cryptospacemine promises to deliver investors highly profitable cloud mining contracts. With the Crypto market booming, it's bound to attract all sorts of investors. And this creates space for platforms to create an illusion of providing lucrative cloud mining contracts. Crypto Space Mine is one platform that promises heaven and delivers hell. Members have been complaining about their inability to withdraw funds from Cryptospacemine.com. Here's more in our detailed CRYPTOSPACEMINE REVIEW.
Even the website design looks the same as other cloud mining contract scams. We have to expose the platform as it's mainly targeting Canadian Crypto investors. The platform is a clone and doesn't offer any cloud mining contracts.
What we have is an attempt by a small group of people to scam naïve crypto investors. We feel we have to protect the crypto world from such. Hopefully, regulators will aid in our effort and issue a warning on Cryptospacemine.
Once you land on the homepage, the platform doesn't load properly. You get a call to trade in Binary, Crypto, and Forex. In a true sense, the platform plans to trade on your behalf. You don't even get to know the set trading conditions.
You need to find refined cloud mining platforms with a proven track record. It means having to use expert-backed platforms that guarantee the safety of funds. Then, go for innovative cloud mining investments that successful investors are using.
Cryptospacemine is not a platform to double your investment. Even the vesting period is not enough to get the expected ROI. Instead, we believe the platform is targeting investors who want to make quick returns.
Before you embark on your investment journey, you need first to do some recon. Make sure to research the platform in question. Please get to know what others are saying about the platform and their experience with it.
It will help you make a more informed decision on whether to move forward.
Cryptospacemine offers four investment plans, with all offering a guarantee on profits. Unfortunately, it's one of the many mistakes the platform makes. With Crypto being a volatile market, anyone guaranteeing profits is throwing you off.
Let's take a closer look at the four plans
Starter
For the starter plan, the platform requires a minimum deposit of $200. The maximum you can deposit with the starter account is $2,000. With this plan, the platform guarantees 25 percent ROI within a few hours.
Premium
The minimum acceptable deposit with this account is $500. A maximum deposit of $4,000 is needed for this account. There's a promise of 50 percent ROI after the vesting period is over, usually within a few days.
Delux
For the Delux plan, investors get a promise of making 75 percent in returns. The acceptable minimum deposit for this plan is $1,000 and a maximum of $7,000. It comes with a vesting period of a week or two.
VIP
As the name suggests, it's the most exclusive of these accounts. There's a 100 percent ROI offered to members of this plan. The acceptable minimum deposit is $2,000, and the maximum is set at $10,000.
You should note that legit cloud mining contracts offer more extended periods in terms of vesting. For example, Crypto Space Mine is offering a few days to weeks. However, an average vesting period is a minimum of three months with as little as 10 percent ROI.
The platform also claims to offer investors Cryptospacemine cards. These cards have a credit limit of $10,000 with 56 percent interest. However, you have to contact support and obtain the card. Which means having to deposit a considerable amount to get it.
Although the platform claims to have its headquarters in Canada, it's not the case. The platform fails to mention their mining farm on the platform. All cloud mining contracts offer details on their mining farms, including location and miners.
What we have is an attempt by the platform to try and remain anonymous. And this has led to investors losing a considerable chunk of attempting to recover funds. Unfortunately, hiring recovery agents won't help you get back your funds.
Cryptospacemine is an anonymous cloud mining contract provider. It would be best if you stayed away from such platforms as they rarely offer any valuable investments. A majority of members have lost their initial deposit without earning a penny.
To try and make the platform look legit, the platform has even posted client testimonials. However, as we said before, this is a cloned website, and we have seen the same people before. You can confirm it on another fraudulent platform going by the name BITELITUM.
The testimony is meant to deliver a message to naïve investors. We believe these are stock images, and the platform puts up moving commentary. It helps sell the platform as a lucrative place to invest.
What the platform doesn't count on is independent review sites such as TrustPilot. The platform offers members a chance to air their experience with any service provider. We can only see scathing comments from members who lost funds with the platform.
Crypto space mine is not a regulated platform, nor does it have valid documents. Despite posting what appears to be a certificate, the platform is not regulated. The platform instead uses a doctored word document as their license.
We did check with regulators in Canada for any platform licensed with the above name. Nothing showed up as regulators plan to investigate the platform. We know for a fact that the platform will do or say anything to make the platform appear legit.
Without any compliance, it makes it hard to track the real people behind it. The platform will impose any conditions they deem fit. And this is why we must expose the platform. It's unfair for the platform to get away with it.
Despite claiming to offer Binary and forex trading, the platform only accepts Crypto deposits. As a result, you won't get the chance to fund your accounts using normal channels such as bank and wire transfers.
After opening an account, the platform will send you an email with a Bitcoin address. Those without a Bitcoin address will have to be locked out. We, however, learn that the platform does accept bank transfers if you insist.
Withdrawing funds from the platform is a huge problem. We don't know of anyone who has managed to withdraw funds from the platform. And this is the reason why we have to expose the platform.
Without any withdrawal taking place, it doesn't qualify as a crypto investment platform. So make sure to read and understand the terms and conditions. In addition, you must know how long the platform takes to process withdrawals.
There's no indication that Crypto Space Mine allows users to trade. Instead, the platform trades on your behalf. The platform is probably using custom-made trading platforms, which isn't that reliable.
Your funds are far from secure with a platform that fails to get any license. The platform is likely putting your funds in an offshore account. It makes it next to impossible for anyone to recover funds.
Please stay away from such platforms that claim to make quick returns. It's most likely a hoax.
There's no way we will recommend anyone to invest with such.
Make sure to join leading cloud mining contracts from proven platforms. It's the only safe way to invest in the Crypto market.
If you have any questions, feel free to email us.
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