Crypto Nation Pro Review: Working With Unlicensed Brokers?

Crypto Nation Pro is raising major concerns about its legitimacy. The shady affiliate campaign seems to be partnered with illicit offshore brokers, collecting information about clients and forwarding it to them. Providers such as Ventorus that operate under lax jurisdictions are unreliable.

Our investigation reveals that the website and its content are bad copies of a fraudulent platform, Bitcoin Code. Moreover, we found a regulatory warning against the firm.

Since the cyber thief is still roaming online, we have undertaken to expose the fraud in our Crypto Nation Pro Review. Also, we offer our professional help in the fund recovery process to all those who fell victim to the scam.

Company status:	Unregulated Affiliate Campaign
Regulated by:	No Regulation Expected
Operating Status:	Active Affiliate Campaign Scam
Known Websites:	cryptonationpro.com
Blacklisted as a Scam by:	CNMV
Owner:	N/A
Headquarters Country:	UK (allegedly)
Website Active Since:	2019-03-18
Online Trading Platforms:	N/A
Mobile Trading:	Unavailable
Minimum Deposit:	250 USD
Deposit Bonus:	N/A
CFD Trading Option:	No, you cannot trade CFDs
Crypto Asset Trading:	Yes
Available Trading Instruments:	Cryptocurrencies
Maximum Leverage:	N/A
Islamic Account:	Unavailable
Free Demo Account:	Unavailable
Accepts US clients:	Yes
Global Fraud Protection Experts’ Verdict:	Stay Away from this Scam

Is Crypto Nation Pro Legal?

Operating under the guise of an affiliate campaign, Crypto Nation Pro strategically chose the aforementioned marketing model because it is an online approach that does not inherently require a special license.

However, the absence of regulatory oversight casts doubt about its legitimacy, especially given the platform’s questionable content and non-alignment with industry standards. We had a similar case with Immediate Peak.

This is confirmed by the warning issued by the Spanish Comisión Nacional del Mercado de Valores (CNMV) on February 13, 2023.

We advise you to avoid unlicensed platforms and opt for providers regulated by reputable financial authorities like the FCA (UK), CFTC & NFA (US), ASIC (Australia), IIROC (Canada), MAS (Singapore), BaFin (Germany), ensuring benefits such as segregated funds, negative balance protection, and a compensation scheme in the event of insolvency or suspicious losses.

Fake Legal Background

Legitimate enterprises and firms prioritize transparency and provide clear, comprehensive legal documentation that outlines user rights, responsibilities, and the terms of engagement.

Crypto Nation Pro lacks valid legal documentation. Without a verified track record or transparency, it further adds to the uncertainties surrounding the platform.

The operators behind the website do not care about regulatory supervision and lack essential security measures like SSL encryption, heightening the risks associated with the platform.

Trader Reviews – Sharing Experiences

There are several Crypto Nation Pro reviews on a widely popular forum – Sitejabber. All but one are positive, claiming that the platform is 100% legit, which we already debunked. It leads us to believe that this feedback is fake, i.e. incentivized.

Numerous dishonest experts provide reviews endorsing websites as safe and reliable, often claiming an implausibly high success rate of nearly 90%, which is insane. No such thing exists, implying that the Crypto Nation Pro AI bot is a hoax. This approach is considered a breach of trust, as people rely on professional review sites for honest and unbiased assessments.

How Does the Affiliate Scam Work?

Scammers employ fake news tactics, fabricating stories about how their website got endorsed by famous people such as Elon Musk to deceive and attract innocent individuals.

Crypto Nation Pro promises unrealistic returns and profits. They aim to collect your personal information and send it to the broker that is supposed to provide you with a trading platform. Once that broker has your info, you can easily get defrauded.

Certain financial swindlers employ the traditional Ponzi scheme model, where initial investors receive returns from funds contributed by later investors. These pyramid scams depend on a continuous influx of new investments to sustain payouts to earlier participants. Once this influx diminishes, the entire scheme collapses and the money is gone.

Who Are Crypto Nation Pro’s Targets?

According to godaddy.com/whois, the cryptonationpro.com website domain was created on March 18, 2019. Since then, the imposter has been targeting mainly traders and investors residing in the following countries:

• United Kingdom;
• United States;
• Netherlands;
• Germany;
• Spain.

These countries benefit from esteemed financial watchdogs that rigorously enforce regulations and meticulously oversee the market, ensuring that anonymous fraudsters cannot operate their schemes.

A prevailing rule stipulates that every market participant must acquire the required permit. It is crucial to emphasize that Crypto Nation Pro is exempt from obtaining a license, resulting in a lack of regulation.

Despite affiliate campaigns not mandating permits, the partnered brokers should still be subject to regulatory oversight. To reiterate, the Spanish CNMV blacklisted this monkey business.

Is There a Trading Platform Available?

No, the Crypto Nation Pro trading platform does not exist. The website lacks a functional trading platform, and despite promising a convenient mobile app, there is no download link. The platform is supposedly owned by the offshore broker.

The website’s focus on trading bots, cryptocurrency investments, educational courses, and the promise of passive income through referrals seems to be a deceptive strategy. The platform asserts the use of an AI algorithm for significant earnings through BTC trading in a day. However, the evidence suggests that these claims are false and designed to deceive unwary individuals.

Withdrawing Funds From Crypto Nation Pro

Crypto Nation Pro’s payment procedure remains obscure, with minimal information beyond the absence of registration fees, which matters little in this case. Payment methods are unknown.

Conventional methods like credit/debit cards and wire transfers can be reversed via a chargeback but scammers frequently favor cryptocurrency payments for anonymity and to complicate the refund process.

While recovering funds paid through crypto is difficult, our experts proficient in using software like CipherTrace can handle such cases, identifying the wallet receiving funds within specific crypto exchanges. If you are facing issues, do not hesitate to contact us to start the fund recovery process.

What Should I Do If I Have Issues With Crypto Nation Pro?

To summarize our review, we shall give the final verdict – Crypto Nation Pro is an affiliate campaign scam designed to collect information from traders and investors and forward it to fraudulent offshore brokers. The CNMV blacklisted the platform.

We strongly advise you to avoid the scheme. It aims to rob you of your hard-earned funds. Do not believe the fake reviews that praise the shady affiliate campaign on various analytical websites.

If you have fallen victim to the Crypto Nation Pro scam, we recommend you book a free consultation and tell us what happened. As mentioned, we have a team of professionals who will gladly help you with the fund recovery process and guide you every step of the way. Fill out the form below and get in touch with us!

Book your free consultation today and get your money back