An online De-fi platform named Cryptex claims to make De-fi accessible to everyone around the world. They also claim to be the first of their sort anywhere in the globe.
In this post, we will review Cryptex.to and let you know if it is a legit site or not.
What is Cryptex?
Cryptex is a De-Fi platform where you can engage in cryptocurrency trading and staking. Cryptex also offers an affiliate program that allows you to earn more money along with trading services.
There is no information available about the founders or operators of Cryptex and its headquarters as well.
According to SimilarWeb, the total visits on the Cryptex website are 108k+ with top countries reaching Germany (81%), El Salvador (8%), and Martinique (3%). Moreover, its domain was last updated on August 2022, as per WHOIS.
|Domain registration date||29 August 2020|
|Contact e-mail||Not Known|
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After investigating Cryptex’s business model, we can conclude that this is a scam. Here are some red flags which you should look for before investing in Cryptex:
- No information available about the founders
- No address of headquarters
- No contact support
- Money circulation scam
- False claims on the website
Because of this, it is obvious that Cryptex is more focused on its affiliate program than its De-Fi side. The De-fi division of the business was founded solely for the purpose to con people; their main revenue comes from affiliate program fees, which are then used for internal cash flow.
If you sign up to be an affiliate for this business, you will be required to stake your own money in cryptocurrencies, and there is a good probability that this is a Ponzi scheme that will eventually fail and cause you to lose your money.
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Who is the founder of Cryptex?
There is no information available about its founders.
From where Cryptex is operating?
There is no information available regarding Cryptex headquarters or the location of operation as well.
Is Cryptex Legit?
No, Cryptex doesn’t seem to be a legit site instead it looks like a clear Ponzi scheme.
Should I use the services of Cryptex?
No, you should refrain from using the services of Cryptex.
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