Cloud Token Wallet is a digital wallet that helps you invest and earn cryptocurrencies. If you are interested in making investments in this app then you should definitely read this review where we would discuss if the app is worth your time and energy.
Digital investments are one of the best ways to make money online. Not as simple as it sounds, finding the right investment at the right time is not an easy job.
It requires proper analysis of the markets, understanding of the trading rules, and quick thinking on the part of the investor.
If you have been thinking about making investments with the Cloud Token then hold that thought because there are a lot of things that you should know about this program before you go and join it.
So without wasting any more time, let’s get into the detailed review-
Table of Contents
What Is Cloud Token?
Cloud Token is an online digital cryptocurrency wallet, storing a wide range of currencies, all under a single app. The app makes it extremely convenient to trade the various cryptocurrencies.
Basically, Cloud Token is a digital cryptocurrency wallet that promises you to make money, just for keeping cryptocurrency in your wallet.
It uses the power of Artificial Intelligence, to skillfully invest your funds, to get the maximum return out of them.
The website uses a combination of Blockchain 4.0 technology combined with the powers of a cloud investment trading system to invest in various crypto exchanges.
All you are required to do is download the app, deposit some funds, and see your money grow on its own.
How Does It Work?
To get started with Cloud Token Wallet, the first thing that you are required to do is download the app. The app is available as a free download on both – Apple App Store and Google Play Store.
After installing the app, you are required to create an account and sign up on the app. This is a fairly easy process and shouldn’t take you any longer than 5 minutes.
After this, all you have to do is fund your account. You need to buy CTO (Cloud Token) in order to start investing. Once you do so, the app takes the driving seat.
It uses its proprietary Artificial Technology – Jarvis A.I. to understand the crypto markets and invest your CTOs accordingly. Your money is invested by the App.
You are free to withdraw your earnings whenever you feel like it. However, one thing to notice is that if you withdraw your money within 30 days, the platform charges you with a 10% fee.
Also, currently, you can only withdraw in ETH, that is, Ethereum. You will be required to have a minimum of 10 CTO to initiate a withdrawal.
The app is currently running a referral program, where if your referral invests more than $500, you get a certain percentage of that transferred in your account.
Referrals
The Cloud Token app has a uni-level compensation plan and once you recruit someone you get a commission based on your investment.
So, if you have a level one affiliate then you get a 100% Return on Investment in terms of CTO. If you have a level 2 affiliate then you get 50% ROI and the list goes on.
Basically, in order to earn money, you have to invest money into the program which is something I have never supported. If a program asks you to open your wallet even before you know how to make money then you need to stay away from the program.
The program has nothing substantial to offer for the investment that you are making. So you are paying just for the membership and you are selling the membership to others in the promise that they would be able to make money doing the same.
Pros
1. The app is available for free on the App Store and the Play Store.
2. It has all the major cryptocurrencies from Bitcoin to Ethereum.
3. They have developed a proprietary technology, Jarvis A.I. that maximizes the return of your investments.
Cons
1. The website has a lot of conversion and other hidden fees.
2. If you withdraw your earnings before 30 days, you will pay a fine of 10%. Also, you need to have a minimum of 10 CTO to withdraw your money.
3. You can only withdraw in Ethereum (ETH) as of now.
4. The referral code only works if your referral deposits more than $500.
5. The app has got some bugs and internet connection problems.
Would I recommend this website?
The website is a typical MLM and it is not going to be late when people would declare it as a Ponzi scam. Most of the online programs that ask you to invest your money with them so that you can get double the return within a few days is a scam.
There are so many ways to make money online but joining an MLM program is clearly not the way to go and there are so many reasons why. One of the major reasons has to be that these programs are not legit.
They claim that they would help you make money online but in reality, all they are doing is using you for some free marketing. You are selling the membership of the program to others as they do not have any real products.
So, the whole promoting Cloud Token Wallet makes no sense. Earning money from the website by investing some money into it is definitely risky and I do not think I would recommend anyone to do it.
It is better to join a course that actually teaches you how to make money online rather than waste your time with something as useless as Cloud Wallet Token.
If you think you can make money by promoting this then you should think twice because people are more aware now and they read such reviews before joining any program so the chance that someone would blindly join a program without any research is just being delusional.
Not many people would join the program because of the tons of negatives that it comes with.
Conclusion
Cloud Wallet Token is an MLM Ponzi Scam and if you wait long enough then you would be able to see that such programs vanish into thin air.
You are not only going to lose your time but you would also lose all the investment that you have made on the program. It is best to stay away from MLMs as they are never up to anything good.
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If you have any questions about this course, then let me know in the comments below, and I would be happy to help!
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This Scheme is said to be scam. If Cloud Token Wallet is a fraud app then why some of the users are getting interest and profits? Rumors are everywhere for everything. This is a good wallet to invest as i used it myself.
What is the ROI? Do tell!