Cryptomatic360 Review Is This A Scam Or Legit App

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Fighting online scams since 2020

UNIVERSAL SCAM: CryptoMatic360 review

This review contains proofs that CryptoMatic360 is a scam that you have to avoid. It is presented by Mr. X.

Mr. X claims that CryptoMatic360 is a trading system that is profitable not only with cryptocurrencies, but also with Forex and commodities.

It allegedly can turn a few hundreds of dollars into tens of thousands of dollars in 60 days. To get trading signals from this system you have to pay $37 per month.

Table of Contents

CryptoMatic360 scam

The truth is that CryptoMatic360 is a scam, it certainly can’t make you the money Mr. X suggests.

Experience traders will tell you that it is impossible to have a software that will generate profitable trading signals for three different markets in the long term. Technical analysis has a lot of limitations and the CryptoMatic360 alleged features are pure fiction.

Also, ask yourself why somebody sells such a miraculous software that can make you a millionaire for $37 monthly? It doesn’t make any sense.

Illegal program

Mr. X is obviously an anonymous guy who is selling illegal investment advice. He literally says that he will tell you when and what to buy and sell. This is investment advice that is regulated.

But CryptoMatic360 is not licensed, no regulator approved it, therefore it is an illegal product in most countries.

Fake testimonials

Perhaps the most tangible proof that CryptoMatic360 is a scam is in the testimonials on its website, because they are fake.

As you can see on our picture, paid actors were used, so the stories are obviously fictitious.

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Conclusion

CryptoMatic360 is a scam, don’t buy it, it cannot deliver the results that Mr. X speaks about.

Making money in trading is not as easy as following some cheap trading signals, you have to learn a lot of things and create your own strategy. You can try and do that on a free demo account.

Be sure to first understand the risks if you later decide to switch to trading with real money.

Immediate Edge Review. Is Immediate Edge App SCAM? For Sure!

Immediate Edge Review and SCAM Investigation
Crypto is back baby, and scammers are not wasting any time! Such is the case with the Immediate Edge SCAM (AKA Immediate Edge Bot) by the fictitious Edwin James. The Immediate Edge app and automated cryptocurrency trading platform (crypto robot) is advertised as a cryptocurrency investment system which generates money for you on auto pilot. However, as our detailed Immediate Edge review will prove, after you signup a Forx or CFD broker is assigned to you, in our case it was an unlicensed broker named Infinitrade which has a registered business address in Sofia Bulgaria. And this broker is scamming customers (that’s YOU) in what is commonly referred to as a revenue share scheme. A revenue or profit share scheme is when affiliate marketers or media agencies strike a deal where they split the profits based on customer referrals. But when it comes to Immediate Edge their profit is your loss, hence the conflict of interest.

Now, when we started receiving complaints we noticed something strange. We signed up ourselves and started receiving phone calls from this broker (Infinitrade), and they were trying to convince us to join another software. Well, we thought this was highly unusual as we are usually told the software we signup for is a credible system with proven results. However, this is clearly not the case when it comes to the fraudulent Immediate Edge app. Why does this happen? Well, we started connecting the dots and immediately realized that the broker was trying to cheat the affiliate marketers out of their commissions by having them signup again with a different email account. So, as Axl Rose would say “welcome to the jungle” and enter at your own risk because you are about to get ripped off by thieving con artists who view you as their personal cash cow and will do their utmost to steal your money.

Immediate Edge Complaints: We have received about a dozen complaints about the Immediate Edge app and they are all mentioning difficulties in cashing out and the fact that Immediate Edge is a losing software. This is not a big surprise as we are very well acquainted with these types of get-rich-quick schemes and how they operate. We also got wind of another broker which is actually deeply involved in this scam and they are blacklisted by the FCA as well as ConSob in Italy for illegally providing Investment Services without proper certification. So if for some reason you feel tempted to join the losing Immediate Edge App scam, we recommend you read our detailed Immediate Edge review before you take that leap of faith and risk your hard-earned money.

Official Website, Login Page, and Members Area: immediateedge(dot)app

Update: Immediate Edge is also Being Marketed these days as “Immediate Advantage”.

Proof of SCAM
OK, so here we have the Immediate Edge SCAM sales page and registration area. A closer look will reveal that it is marketed as the “world’s most intelligent crypto software” which generates $950-$2,200 daily. That’s quite a bold claim from a totally sub-standard piece of trash trading technology. But that’s just the start of it.

Here is the testimonial section of the Immediate Edge scam website. Its plain to see that “Delilah Adams” is not a real person and her image was stolen from the internet for promotional purposes. We are 100% convinced that The other two characters are also fake and all the promotional content is copied and forged.

Immediate Edge App Fake Testimonials

And here is the last piece of evidence (you will not need anymore). We have marked in red 2 sections. The first says Zero Risk, and the other one says 98.9% success rate. Take these two pieces of information, put them together, and what you have is a bona fide scam and confirmed get-rich-quick scheme.

Immediate Edge App Fake Claims

What is Immediate Edge, Who IS Edwin James, and How Does The Immediate Edge App Work?
Immediate Edge is advertised as an artificial Intelligence trading app which uses state of the art algorithms to identify only profitable trends (that’s the so-called edge). Edwin James is presented to us as the owner and creator of this software. The app is supposed to scan the market for price differences.

Immediate Edge Review, Is Immediate Edge App SCAM Or Real Deal At $950 Daily?
Edwin James is the man of the hour since he discovered a way to gain an immediate edge on the market. Immediate Edge follows a deeply ingrained rule of how cryptocurrencies are traded. It’s trading algorithms allow it to buy low from one exchange and sell high to another. The profits are in the margins and that is how you are supposed to generate the income.

There is also talk about a secret and how they know the insiders, so in other words they claim to have access to inside information. In reality this could not be farther from the truth and once you signup you will get ripped off by thieving brokers.

Immediate Edge Is NOT Working With ANY Of The Major Crypto Currency Exchanges
We checked with Coinbase, Binance, Kraken, Poloniex, and Bittrex. They never heard about the Immediate Edge app or Edwin James, but they did warn us that there are many systems these days making all kinds of claims about integrating with their platforms. In most cases these are swindlers illegally using the names of legitimate exchanges for promotional reasons.

Immediate Edge Just Made the FCA Blacklist
Immediate Edge has just been officially blacklisted by the Financial Conduct Authority in the United Kingdom and effective immediately labeled as a scam (better late than never). For those of you who are not aware, the FCA is the official licensing body for all financial firms, instruments, or services which are provided for residents of the United Kingdom. We believe that this will cause a domino effect now and other legal entities such as ASIC or BaFin will follow this trend.

Immediate Edge Blacklisted by The FCA

Fake Immediate Edge Reviews
We have spotted multiple fake Immediate Edge Reviews. Originally when we published our article we could not find any, but now there are more than 8 confirmed fake reviews which are endorsing the Immediate Edge app in order to receive affiliate commissions. We honestly want to know how the owners of these websites feel now that the cat is officially “out of the bag” after the recent FCA scam alert and everyone can see just how biased their reviews are. So if you believe something isn’t quite right just stop and take a minute to think things over. If you need additional information simply reach out and let us know immediately.

Fake Immediate Edge Reviews

Other Viral Scams Trending
The scams to watch out for are Bitcoin Revolution and Bitcoin Profit.

Immediate Edge Fake News
It seems that despite the Facebook blanket ban on all CFDs (contracts for difference) advertising some scammers managed to slip between the cracks. The image below illustrates how advertisers in Poland were able to launch this fake news campaign and started baiting new victims using fake celebrity endorsements. Other fake news articles related to Immediate Edge include Gordon Ramsay, members of the Shark Tank, Dragons’ Den, Elon Musk, Ben Yeo, Richard Branson, Per Gessle, Celeste Barber, Robert Gustafsson, Singapore Billionaire Peter Lim, Celeste Barber, and other famous actors and politicians are also illegally used for promotional purposes.

Immediate Edge Fake News

Still Trust Immediate Edge App?
It happens, we all get tempted and for some reason connect to something without any logic. If this is the case and after reading our Immediate Edge review you still want to invest then you need to treat this little adventure as a type of gamble and as every gambler knows the house always wins.

Quick Update: Immediate Edge has been cloned and is also being marketed these days as Immediate Bitcoin.

A Few Alternatives That Really Work
OK so if you are searching for the real thing you need look no more. Our staff constantly tests new systems and every once in a while we identify a genuine trading software which actually delivers as promised. Once we conclude that the system generates profits consistently we add it to our recommended section, so take a minute and check it out!

Immediate Edge Review, Conclusions, and Recommendations
Avoid the Immediate Edge SCAM app, software, and fraudulent trading platform. There are no signals or trading dashboard, its all just a bunch of hot air designed to get you signed up and trading with an offshore broker. Our research staff was able to produce more than enough evidence of scam, but if you feel you need more then please message us via our contact page or through our social media.

Cryptomate Review – Is cryptomate.co.uk scam or good cryptocurrency exchange?

Trading Accounts

Account type Daily limit Leverage Fee
Non-verified £100 None Approximately 7-8%*
Verified £1,000 None Approximately 7-8%*

*This exchange does not openly reveal its pricing policy. We got this level from ours own calculations.

Cryptomate.co.uk is a company, which provides a gateway into the world of cryptocurrencies for UK enthusiasts. While CoinCorner is one of the other major entry-level services, supporting the British Pound, there are quite a few differences between the two.

The company, security of funds

Company Country Regulation
Cryptomate UK N/A

Cryptomate is registered in the UK, but does not fall under any specific financial regulation, unlike Crypto Facilities. That being said the latter offers derivatives trading, while Cryptomate is more of service, than a trading facility.

The company is basically a peer-to-peer network, connecting buyers and sellers of cryptocurrencies, although not everybody can sell at the website. In order to become a “vendor” one must contact the website and probably meet some volume requirements. The most unique feature at Cryptomate is that only UK bank transfers are accepted as a payment method.

This “exchange” is one of the few which doesn’t offer a wallet, although they provide useful links for beginners, who can read-up on the topic. When making an order at Cryptomate, you have to provide your own external address, to which the coins will be sent.

Unlike a lot of other companies in the space, Cryptomate has to follow the working hours of UK banks. This is simply due to the fact, each transfer comes has is connected with the Faster Payments Service (FPS). For those of you who are not familiar with it, this is a system connecting British banks, allowing them to make cheaper and faster payments between one another (much like the SEPA system in the EU).

Cryptomate claims around a transaction processing time of aroun 15 minutes. While this is absurd from a trading perspective, it is actually quite fast, when compared to similar services, like CoinTree in Australia.

There haven’t been any reports on hacks at Cryptomate. The fact the company only connects buyers with vendors and does not store any cryptocurrencies has something to do with this – there are very few things which can be hacked.

When it comes to the user reviews, Cryptomate is generally praised. The few complaints we managed to find were in regard to the lack of transparency on the execution. This is a common theme with such services, as the volatility in the crypto-space is very high.

Trading conditions

Trading instruments (cryptocurrencies)

Despite the service being very different from a traditional exchange, the vendors at Cryptomate do offer a lot of variety. At the time of writing of this review 12 coins are available for purchase, namely: Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Ethereum Classic, Dash, Ark, Dogecoin, Monero, Zcash and Britcoin.

Maximum daily transaction(s)

Cryptomate has set a daily limit of £100 for unverified clients. After submitting your details, this level will be increased to £1,000. These levels are set as an anti money laundering (AML) measure.

It should be quite obvious by now, that margin trading is now available at Cryptomate. However one can always transfer her cryptocurrency to a different exchange, like OKEX if speculative trading is the main goal.

That being said, some forex brokers also offer ceyptocurrency CFDs. As an example, the industry-leading UK broker and spread betting provider IG currently has Bitcoin and Ethereum trading. The margin requirements for the two are 7.5%, meaning an effective leverage ratio of 1:13.

Cryptomate does not disclose the exact fees, which it charges. User reports claim around 7%. Our manual calculations, which may be a bit faulty revealed a similar, if not slightly worse situation. While these fees are not unheard of, given what the company offers, there are slightly cheaper alternatives. However most of them do not support the Pound as a direct payment currency, with CoinCorner being the major exception.

The forex brokers, offering cryptocurrency trading usually do not charge a deposit fee. When you start trading your costs will be included in the spread. However, when trading CFDs you do not get ownership of the actual coins. As we mentioned previously, this is suitable for short-term speculative trading, but for a full comparison be sure to check out our detailed explanation.

Trading platform

When it comes to a “trading platform”, Cryptomate offers basically an order entry form. This is how it is presented to unverified clients:

You have to give them a few details and most importantly, the wallet to which you would like your newly acquired coins to be sent. The information provided on the left side will be useful for newbies in the space.

Methods of payment

As we mentioned in the beginning, in order to present the service, only UK bank transfers are accepted at Cryptomate. While this guarantees fast executions, due to the FPS, it obviously prevents non-British clients to use the service. Adding an option like Skrill, would open the company to a world-wide client-base.

Conclusion

Cryptomate is a British service, which allows newcomers to enter the world of cryptocurrencies. Their offer is tailor-made to UK residents who have a local bank account, as payments utilize the Faster Payments Service (FPS). While this is obviously a beginner-friendly service, the number of available altcoins is relatively nice. Here is a summary of what Cryptomate has to offer:

Pros Cons
No major hacks yet Relatively high fees
Accepts UK bank transfers Only buying crypto/no selling (for smaller customers)
Easy to use interface Only UK bank transfers accepted
12 coins available No wallets provided by the company
Buying with GBP Does not transparently disclose mark-up
Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

Trading212 is a European broker with an excellent proprietary trading platform, which is now available as an iPhone app as well (we tried it out and we loved it). Trading 212’s customers enjoy fast execution a vast selection of trading instruments.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

Smiley360 Review: A Legit Opportunity To Get Free Products Or A Scam?

If you’re someone who enjoys getting free products, then you will like this opportunity that I’ll be reviewing today.

Smiley360 is a company designed to give you free products in exchange for testing them out and writing a review about them.

The company, though will not pay you any money for testing a product, as the payment you will receive is the free product itself.

Since you will only be getting products from them, it’s hard to determine the monetary value this site offers. As for how many products you can get, it will depend on a lot of factors.

It’s more likely that you can qualify to review at least 2 products a month. But is this opportunity legit or just a scam?

You can also check out the step-by-step training that helps me earn over $10,000+ per month working from home.

Smiley360 is a Legit Opportunity to Get Free Products

Smiley360 is a website that provides you with a chance to get free products by trying them out and providing a review.

It’s basically an online community for consumers who want to be influential to the kinds of products and services that companies are offering.

Based on what Smiley360 promises, it’s a legitimate opportunity to get free products just by qualifying to review them.

You really will get free products delivered to your home for you to review and keep. Of course, that is provided you qualify to review them.

This is an important note that you would need to consider when you decide to join Smiley360. Reviewing products is not guaranteed and you will see, as the review progresses, why that’s the case.

It’s free and simple to join Smiley360. Unfortunately, it’s not an opportunity available to everyone, as you need to be a resident of the U.S. or Canada to be able to sign up.

Who Uses the Smiley360 Website?

The Smiley360 website is designed for two types of people, with one being businesses and merchants who are looking to improve the products and services that they are offering.

The other type are people like you who are looking to get free products and want to be an influence on how products or services are improved.

For businesses and merchants, Smiley360 gives them an opportunity to get people to test out their products to get their opinions before they make it available for purchase.

They can also use the website to get comments on a product they have already released and see how they can improve it.

They will just need to provide a sample of the product they want to have reviewed and Smiley360 will send it to the right people.

For people like you, the website provides an opportunity to get free products. You will just need to test out the product and give a review of it, and it will be yours to keep.

You will just need to qualify to review the product and Smiley360 will ship it to your home. There will be a guideline that you need to follow when writing your review.

You don’t need to pay anything to be a member, but you need to be living in the U.S. and Canada in order to be able to sign up.

How Do You Earn with Smiley360?

The Smiley360 website gives you an opportunity to earn free products in exchange for testing them out and providing a review. You would just need to qualify first for the review before getting the product.

The company will ship the product to your house, along with a guideline on how to test and review the product. Smiley360 calls the process of doing a review missions.

The first thing you need to do is to register on the website, which is easy and free to do so. You just need to be a resident living in the U.S. or Canada to sign up.

You can sign up via your Facebook or Twitter account, or you can sign up using your email. You just need to provide a password and confirm your email address.

Once done, the first thing you would need to do is to complete your profile and this includes linking your Smiley360 account to your social media accounts.

The reason for this is that a lot of the missions that you will partake in will require that you share your review and opinion to your friends on social media.

Completing your profile will earn you points, which will help increase your chances of getting missions. Missions will be available depending on your profile and the number of points you already have.

The more points you have, the more missions that are likely to be made available to you. The company gives preferences to members who have a lot of points and have a matching profile for the missions they have.

There are a lot of ways to earn points, and the first one is by completing missions. The first mission you will need to do is the introductory mission.

It is basically just a tutorial of the tools that you will be using on the site and how you can properly review a product.

Completing the introductory mission will earn you 20 points. Other than completing missions, other activities you do on the website can also earn you points.

Sharing on social media, answering surveys, uploading photos and videos, and so on, can earn you points.

It’s important to remember that the more points you have, the higher the chance that you will have more missions available to you. Your profile alone won’t determine your qualification for a mission.

Unfortunately, the points you earn cannot really be used other than gauging if you qualify for a mission or not. The website doesn’t offer any other rewards, other than the free items you get for the mission.

What I Liked about the Smiley360 Website

Now that we know more about Smiley360 and what it does, it’s time to talk about what I liked with the opportunity they offer.

  • The first thing that I liked about Smiley360 is that you will only need to test out the product and write a review about it in order to get it for free. You won’t need to do anything special to get the product for free. You just need to qualify for the review and the product will be shipped to your home without any charge to you. The task is also easy enough to do so it won’t take you a lot of time and effort to earn free products.
  • I also like that the opportunity is available for free. You don’t need to pay for any registration fee nor would you need to provide an upfront cash payment to be able to get the product. Once you qualify, the item will be shipped to your home, free of charge, and you will just need to test and write a review.

What I Didn’t Like about Smiley360

Of course, there are also things that I didn’t like about the opportunity that Smiley360 provides, which I’ll discus here.

  • The first thing that I didn’t like with Smiley360 is that there’s no opportunity to earn money on the website. The only thing that you will really get with this opportunity is free products. If you’re okay with that, then you won’t have a problem here. But if you’re also looking to earn some cash, then this opportunity is not for you.
  • Another thing that I didn’t like about Smiley360 is that getting free items is not guaranteed. Your profile alone won’t determine whether you qualify to do a review or not, as your activity on the website will also be a big factor. You will need to earn a certain number of points before you can qualify to do a review, which makes it harder to be able to get free items on the website.

Based on what I’ve learned and seen with the Smiley360 website, I don’t really recommend it. My first reason for not recommending it is that it doesn’t have an option to earn cash.

There’s nothing wrong with getting free items, but having a chance to earn cash or even gift cards would be a great addition to the website.

Furthermore, the need to earn points has somehow lessened the value of the free items that you will have a chance to get.

It’s not enough that your profile matches what the company needs for the review, you also need to have the matching points with it. This shows you are not guaranteed to get free items.

This is why I say you will likely only be able to get 2 free items a month with this website because you will need to earn some points first.

This also means you will need to spend a certain amount of time on the website to increase the points that you have. And with only a chance to get free items as your payment, I find it a waste of your precious time.

At the very least, Smiley360 should have offered other rewards that you can redeem the points you’ve earned since you’ll be spending time there anyway.

If free items are what you want, you’d be better off to look at other similar opportunities than this one.

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