Crypto Trader System is an online investment instrument whose creator David Richmond claims to be a skilled cryptographer who established the software because he wanted to have access to a system that could generate him solid daily earnings.
Since he is also an alleged philanthropist, he decided to make the sign up for the auto-trading software free in order to help as many people as possible achieve considerable profits. He wants nothing in return, stating that the users must donate to charity when they also become wealthy.
These words may sound promising but our investigation managed to prove that they are nothing more than far-fetched claims issued by an amateur actor. There is also no company going under the name of Richmond Ventures.
All online traders are best advised to avoid utilizing the services of this auto-pilot solution due to the high probability of it being a scam. They can choose to either Proceed to Safe Binary Robot OR Choose a Reliable Robot from the following table.
Top Binary Options Robots
- Price: Free Registration
- Software: Cryptographic Software
- Max Returns: 100%
- Min Deposit: $250
- Founder is an Amateur Actor
- Success Rate is Impossible
- Personal Data Not Secure
- No Positive Feedback
- Does Not Assess Market Trends Accurately
What is CryptoTrader Software?
David Richmond states that he is a self-made man who established a trading system which is capable of providing risk-free investments to online users. He comes from a modest background and his inspiration for the CryptoTrader Software came from his estranged uncle whom everyone called ‘Crazy Arthur’.
When he was a small boy, Crazy Arthur took Mr. Richmond to the cabin in the woods in which he lived. The place was dirty but filled with books and resembled a library. Young David asked for a puzzle and when he was leaving his uncle gave him a couple of books about cryptography and spies.
David Richmond supposedly got so inspired that he dedicated all of his free time to the subject. Unfortunately, none of this information is true. It is best for users to proceed to a more legitimate software like HBSwiss System by Hans Berger who is a genuine person.
Cryptography is often used for the creation of software algorithms. It is one of the main responsible ones for personal data security. But users should keep in mind that David Richmond has little to do with the actual code designing processes.
How Does Crypto Trader System Work?
Mr. Richmond claims that he was recruited by the National Security Agency (NSA) shortly after graduating from high school. They supposedly decided that he was quite skilled and gave him a position at the Digital Counter-Intelligence Division to work on code-braking.
He was a sophisticated cryptographer and allegedly did a good job but work left him little time for family and friends and he felt lonely. Since the salary was also not very impressive, he decided to quit and develop a crypto algorithm that could successfully identify market patterns and place timely trades with 100% accuracy.
As most people know very well, the market is highly volatile and its future movements can not be predicted with absolute certainty.
Is CryptoTrader System a Scam or Genuine?
All available evidence suggests that CryptoTrader robot is not a genuine and authentic investment tool. It does not have a 100% success rate and it is not mathematically impossible for its algorithm to make a mistake.
David Richmond is not even a real person. We have also come across information in user testimonials that the trading software’s set-up takes more than just the 5 clicks mentioned in the promo video. This would suggest that CryptoTrader Software is nothing but a scam.
CryptoTrader System is a fraudulent and dubious trading software. There is even some proof that it has close connections to creators of binary options scam. This is why we advise everyone to avoid utilizing its services and turn to a more reliable profit-accumulating solution. The one at present does not feature a cryptographic algorithm for which it is mathematically impossible to lose.
Our investigation team conducted a comprehensive investigation on Crypto Trader to find out if this product is genuine. As a result we cannot say that there was enough evidence indicating if Crypto Trader is generating high profits. We found many reasons that made us suspicious about this robot being a scam.
In order to protect traders from bad trading experience and financial loses we recommend you to
1. Trading Inversions for Multiplications in Elliptic Curve Cryptography – (Mathieu Ciet, Marc Joye Kristin, Lauter Peter & L. Montgomery, Designs, Codes and Cryptography, May 2006, Volume 39, Issue 2, pp. 189–206);
2. An ASIC Implementation of Low Power and High Through put Blowfish Crypto Algorithm – (P.Karthigai Kumara & K.Baskaranb, Microelectronics Journal, Volume 41, Issue 6, June 2010, pp. 347-355);