Emagic Trading Review: HUGE ICO SCAM
OFFICIAL SCAM WEBSITE: emagictrading.com
If you are looking for a new initial coin offering to invest in, don’t bother with the Emagic Trading ICO scam. It might seem like a really good cryptocurrency to invest in from the exterior, but that is anything but the case. The ICO itself is centered around an automated trading platform for exchanges and stocks, but that is just what the final product is supposed to be. For now, the Emagic Trading ICO promises to mine various cryptocurrencies for you with massive profits.
Apparently, this investment plan can provide you with a whopping several thousand percentage points in ROI per day. Yes, of course this would be fantastic, but it is also not true in the least. There are a ton of factors where which prove that the Emagic Trading ICO system is a scam. The initial coin offering from the finished product, the trading software, and the mining returns are all totally bogus. Trust us when we say that this is a massive Ponzi scheme that is hell bent on stealing your money. We are here today doing an Emagic Trading scam review to give you all of the dirty details about this malicious and thieving cryptocurrency ICO scam.
Emagic Trading – The ICO
The initial coin offering aspect itself already looks like a scam. Even first glances cannot hide what we all know, that the Emagic Trading ICO is a total rip off. They claim to be doing an initial coin offering for the business and the service, but there is literally no evidence of this to be found. We are never informed of the most crucial aspects of this ICO, such as the name/call sign of the token, what the hard cap is, how many token are available, and what their price is. Heck, the Emagic Trading system website does not even feature any kind of whitepaper or roadmap for us to look at.
An initial coin offering that does not present a viable roadmap is not to be trusted. The same can be said for an ICO that does not disclose a whitepaper. Seriously, these crooks want us to invest money with their Emagic Trading ICO when there is absolutely zero information about it available. This has to be a joke. Sure, we are promised massive returns, but we are never really told what the product is. Apparently it is some kind of international stock trading system which the tokens will fund, but even this is very unclear. It is all just a little bit too suspicious for us.
The Emagic Trading Stock Program
Like we said, the finished product is supposed to be some kind of trading software for stocks of companies and other assets too. Apparently, it is a fully automated trading system that will allow people to make tons of money through automated stock trading. Sure, this all sounds nice until you realize that they offer no explanation of how this trading system is supposed to work. We are never informed of any kind of coherent trading strategies.
Also, there is no mention of any technology or algorithms which will guide the process, nor is there any word of any kind of market indicator tools being used. We are told that the Emagic Trading system is going to be able to put thousands of dollars in our pockets per day without fail. However, we are never actually told how this system is supposed to work. Once again, this is all way too suspicious for us and we cannot possibly trust this Emagic Trading scam.
Emagic Trading Scam – The Coin Mining
Ok, so we are told that our returns are going to come from cryptocurrency mining. Now, this would be fine if it was not all a bunch of bologna. First off, we are never told where the mining software and hardware is located. Seeing as cryptocurrency mining is so expensive, this seems like something that is important to know.
Second of all, we are never informed of which coins are being mined. As you probably know, some cryptocurrencies are worth mining while others are not. Neglecting to tell us which crypto coins are going to be mined for our profit is something that we simply cannot get over. In fact, this is a pretty clear indication that there is no mining going on whatsoever.
Next, the most ridiculous part of this whole Emagic Trading scam is the amount of profits we are promised. We are told that 4 days of mining will result in a 320% ROI. This is obviously bogus because there is no way in hell that you can triple your money in 4 days through cryptocurrency mining. Life just does not work that way. This is obviously a Ponzi scheme. These crooks want you to deposit a bunch of cash that they are going to steal.
Other Disturbing Facts About The Emagic Trading ICO
- The Emagic Trading system has an affiliate program that is meant to make you trick your friends into signing up with this scam. This is what we call a pyramid scheme
- It is painfully obvious that the Emagic Trading app is just another Ponzi scheme disguised as a legit ICO.
- We are never told the name of a person or people who are in charge of this Emagic Trading scam. We are also not provided with any real contact details whatsoever. This is an anonymous system, which is a very bad sign to say the least.
Emagic Trading Review – Conclusion
There is really nothing left to say about this Emagic Trading scam except that you really do need to stay as far away from it as you can. If you do invest in this Emagic Trading ICO, you will accomplish nothing but the total loss of your investment.
If you would like to find out more about cryptocurrencies and cryptocurrency trading, go to our Cryptocurrency Explained section!
NEW CRYPTO & BO TRADING SERVICE COMING SOON!
WE ARE HAPPY TO ANNOUNCE THAT A NEW AUTOMATED CRYPTOCURRENCY, FOREX, AND BINARY OPTIONS TRADING SERVICE IS BEING RELEASED NEXT WEEK. WE CANNOT REVEAL THE NAME OF IT AS OF YET, BUT WE CAN TELL YOU THAT IT COMES TO US FROM THE SAME PEOPLE THAT MADE SEVERAL OTHER HIGLY PROFITABLE CRYPTO AND BO TRADING SYSTEMS. STAY TUNED BECAUSE THIS NEW CRYPTO/FX/BO TRADING SERVICE IS GOING TO BLOW EVERYTHING ELSE OUT OF THE WATER!
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