What is Crypto Builder? Is Crypto Builder Scam or Legit?
If you are searching for the Crypto-Builder.com reviews to find out what is Crypto-Builder.com in real, either is Crypto-Builder.com a scam or a legit, then you don’t have to search any other Crypto Builder reviews for that because here, within our Crypto-Builder.com review we are going to reveal the complete truth about Crypto Builder.
In short, we want to make you clear that Crypto Builder is a scam, so we have listed it in our Bad and Scams category. If you want to know why then you can find the details in our Crypto Builder review here as below.
But, now it is clear that Crypto-Builder.com is a scam. So, after knowing this fact, if you don’t want to find out more details on Crypto Builder but instead want to find out the real ways to make money online, then you can find that by clicking this link:- newsonlineincome.com/legitimate-work-home-businesses/
Although we have listed several legit ways to make money online, our No. 1 recommendation for that is Wealthy Affiliate. If you don’t know what is Wealthy Affiliate, then you can find the details by clicking this link:- newsonlineincome.com/wealthy-affiliate-review/
OK, let’s continue with our CryptoBuilder review to find out in detail what is CryptoBuilder and why is a Crypto-Builder.com scam.
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Crypto Builder login and join in link:- Crypto-Builder.com (Not recommended to join, it’s a scam)
Why is Crypto Builder a scam?
CryptoBuilder is a scam because the business model of Crypto Builder is not legal as it is a combination of two illegal schemes, Ponzi and Pyramid schemes, collectively known as cash gifting scheme. The legal authorities have already warned not to involve with cash gifting business models. So, Crypto-Builder.com is not a legit company.
If you don’t know what is Ponzi and Pyramid schemes, then you can find the details by clicking the respective links as below:-
Ponzi scheme:- newsonlineincome.com/ponzi-scheme/
Pyramid scheme:- newsonlineincome.com/2017/03/06/what-is-pyramid-scheme/
Yep, these kinds of business models claim themselves to be a donation program, but in reality is an illegal scheme. This kind of business never sustains for a long run. Many sites have been already failed which were running this kind of business model such as, MMM Global, BTCInvestments, ZarFund and so on which proves this business practically can’t sustain for a long time.
So, whenever you see the claims such as, “register and donate, also invite your friends to donate and receive monthly donations”, then it is better you run away with such companies because all of them are scams.
The whole business model of Crypto-Builder.com revolves around by gifting the cash between the members by making them believe they are providing the help to each other. But in reality, they are investing the money in this scheme in the name of donation in the return of which those members will earn a profit when other members who join after them invest in this program.
Crypto Builder claims to pay 100% net profit, means 200% total profit of your donation amount. But, in reality, none of the legit companies will welcome you to invest in their platform so that you can make 200% by inviting others to join that company, so this is a completely illogical claim.
So, these kinds of companies need the continuous flow of new investment coming into the company and that is also more than the amount that existing members have invested so that they can make profit which is actually not possible because whenever these companies pay one member, they need to use the money invested by two other members due to which each time they pay one member, they create a debt equal to the amount invested by one member. Like this, the debt will be kept on increasing and the whole system will be collapsed.
On the other hand, it is hard to get the new members continuously. So, the market will be saturated and the last one who joins the system will leave the system and slowly the members from down to up will start to leave the system and at last the whole system will be collapsed.
Actually, the owners of Crypto-Builder.com themselves know that they are operating an illegal scheme. That is why they don’t want to come upfront due to which they have hide their owner’s name and company’s address within the WHOIS details as well as within their official website. In online business industry, none of the legit companies will hide their owner details, only scam companies do.
When we were checking WHOIS details, we found that it is only 74 days when Crypto-Builder.com was registered, but in its website, it has claimed that Crypto-Builder.com is already 17480 days old at the time we are writing this review about which you can find in the screenshot taken from its website as below:-
If some company is lying about the small details of the company, then we should never believe such company. On top of that, Crypto-Builder.com hasn’t revealed about its owner and location and also its business model is completely illegal.
Actually, we have already reviewed many similar kinds of companies. So, if you are interested to know more about these kinds of companies, then we suggest you view our review on similar kinds of companies by clicking the respective links as below:-
Aforementioned, now it is clear that Crypto-Builder.com is an illegal company with unclear owner details. So, we don’t recommend it and have listed it within our Bad and Scams category.
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