Last Updated on December 31, 2022 by Stephan Lindburg
Metaverse Profit is advertised as a cryptocurrency trading robot which generates income through metaverse stock volatility trading. However, we believe this new signals platform is not what it is cracked up to be. Unfortunately for the scammers, we also have all the proof which is required in order to validate our claims.
Speaking of con artists, the people who are responsible for orchestrating the Metaverse Profit scam are not new to the online trading scene. Unethical affiliate networks and media agencies are the culprits behind this latest get-rich-quick scheme. However this time they have managed to make quite a few mistakes, and as a result we were able to expose the facts and warn our readers.
Metaverse Profit Brokers: When we registered to conduct our £250 deposit test the broker that was assigned to us was named “Coin Stars”. This unlicensed broker has a registered business address in Seychelles, which happens to be the preferred banking destination for tax evaders, criminals, and con artists. This helped us piece things together, especially when we heard about the difficulties our subscribers mentioned regarding withdrawals.
Still feel Metaverse Profit is a legitimate trading app? If that’s the case, we recommend you take a minute and read our Metaverse Profit review. Our researchers managed to compile an impressive dossier filled with facts and information. Conducting proper research is mandatory before you risk your money, and this is especially true when considering trading apps like Metaverse Profit.
Official Website, Login Page, and Registration Area: We identified three (3) websites claiming to be the “official app”.
- 1 Scam Evidence
- 2 Metaverse Profit Fake Testimonials
- 3 Fake Metaverse Profit Reviews
- 4 Metaverse Profit Fake News
- 5 What is Metaverse Profit And How Does It Work?
- 6 Metaverse Profit Review, Is This Trading Platform Scam Or Legit?
- 7 Metaverse Profit: Our £250 Deposit Test And Experience
- 8 Metaverse Profit: Chain Scammers Exposed!
- 9 Metaverse Profit Safety And Security
- 10 Diversion Tactics Used By Professional Scammers
- 11 Leverage
- 12 Is Metaverse Profit Compatible With Any Cryptocurrency Exchange?
- 13 Metaverse Profit Cashier FAQ (Deposits and Withdrawals)
- 14 Legal Brief
- 15 Metaverse Profit On Trustpilot, Reddit, and Other Forums
- 16 Bonus Packages
- 17 Taxes
- 18 Other Working Alternatives
- 19 Metaverse Profit: The Verdict!
Here is the Metaverse Profit primary registration area where members can create an account. If you take a close look you can see that the con artists were so sloppy that they forgot to change the content. The logo says Metaverse Profit, and the main content area talks about another scheme.
And here is the lower section of Metaverse Profit scam website which talks about the features. Only problem is that the scammers goofed it again and unintentionally copied the entire section from another scam we exposed here quite some time ago.
Metaverse Profit Fake Testimonials
And once more, the whole Metaverse Profit testimonial section is forged as can be seen below. We have spoken many times about how deceptive fake testimonials can be, and Metaverse Profit is no exception.
Fake Metaverse Profit Reviews
We saw many fake Metaverse Profit reviews. All of the websites endorsing this fake app are a part of a fraud network specializing in crypto scams. This has been covered by a variety of highly credible media sources and non-profit organizations.
Metaverse Profit Fake News
We have already seen multiple fake Metaverse Profit news articles. In most cases scammers use celebrities like Elon Musk, CEO Amazon Jeff Bezos, Martin Lewis, and other celebrities, politicians, as well as high profile wealth gurus.
If you happen to see any fake news articles related to Metaverse Profit, or for that matter any type of scheme please let us know and we shall update our reviews accordingly.
What is Metaverse Profit And How Does It Work?
Metaverse Profit is supposed to be an advanced money-making software for the cryptocurrency markets. It is said to be unique in the sense that it utilizes algorithms designed to exploit margin prices in metaverse stock volatility trading. Some review sites are saying that the app uses “vetted” and “reliable” brokers to help it generate profitable trades. It’s also stated that this signals platform has a 95% success rate. However, as we have already mentioned we are quite skeptical about these claims, and our review explains why.
Metaverse Profit Review, Is This Trading Platform Scam Or Legit?
Metaverse Profit aims to draw a connecting line between a newly-launched fraudulent trading app and crypto metaverse. The metaverse is basically a virtual or augmented reality based on 3D worlds or environments with a strong focus on highly immersive social and financial connections.
We are led to believe that the app scans the augmented reality and generates winning signals in a seamless and highly profitable manner. This is done on a connotative manner, meaning that the actual name of the software suggests that this is the type of experience that’s waiting for users. But also in a very direct manner, by trying to piggyback on the various forms of hype related to the Metaverse which we can see in the media these days.
In reality, Metaverse Profit has nothing to do with the Crypto Metaverse or any Metaverse for all intents and purposes. The swindlers who have crafted this ridiculous idea are simply using time-tested methods that are designed to trap uneducated opportunity-seekers looking to generate a quick buck online.
To prove our point, when we registered we were not able to access any types of strategies or technical indicators such as MACD or TREND. These types of strategies are pretty basic when it comes to any type of Forex or Crypto trading apps, but there was really nothing we could make use of after registration. It was all just smoke and mirrors with a lot of hype and double talk!
Metaverse Profit: Our £250 Deposit Test And Experience
When we registered the first thing that was very apparent to us was that there is no augmented reality trading platform. In fact, there was no platform at all. We were simply referred to a contracts for difference broker and immediately contacted via phone. The person on the other line was named Chris Stephenson and he had a strange accent. We believe the name was an alias and designed to protect the real identity who called us.
Chris told us that if we wanted to get started we should start with at least £1,000. We told him that’s fine just to shut him up and then proceeded to fund our account with £250. Chris got angry, but at not in a rude manner. He then proceeded to refer us to another gentleman named Dave Toledo. Dave was very aggressive and insisted we invest an additional £5000. He told us that if we didn’t do it we would most likely end up losing our initial investment. This classic type of sales pitch is referred to as a “foot in the door“.
Metaverse Profit has nothing to do with metaverse stock volatility trading. This is just a ruse intended to deceive new investors. Don’t believe the lies because ultimately you will be the one held accountable for your actions!
It means the initial deposit was just a kind of probe to see if we were willing to risk money. But the real squeeze comes after that when you suddenly get 5 consecutive phone calls from professional, highly trained sales reps who are not willing to accept no as an answer. When we realized what was happening we quickly changed our passwords on the computer and refused to answer any phone call from a number we didn’t recognized. Eventually the calls stopped, and we started receiving SPAM emails on a daily basis.
Metaverse Profit: Chain Scammers Exposed!
Here we have a screenshot of a website which we previously exposed here on ScamCryptoRobots.com. If you look at the image, you will see that it looks exactly the same as Metaverse Profit. The con artists merely switched logos, name, and changed some of the texts. This is done because certain affiliate networks operate on a mass scale and have certain constraints. They need to be able to roll out fake websites quickly, so they use the same template as a turnkey solution for their get-rich-quick schemes.
Just remember that regardless of what format you happen to land on, all versions of the Metaverse Profit app are scam. Anyone providing you with a positive Metaverse Profit review and claiming otherwise is simply trying to get you to invest so they can collect affiliate commissions.
Metaverse Profit Safety And Security
Scammers understand that every website needs to have a padlock, a standard 128 bit SSL encryption key, and security certificate. So having one doesn’t mean you are surfing on a safe website. In fact, these cheaters are using the fact that the website is secure in order to make their scheme seem more trustworthy.
According to Enisa, which is the European Union Agency for Cybersecurity, any software company that operates in the European Union has to conform to a “certification framework“. We did not see any reference to this framework, or for that matter any information in regards to the firewall settings and protection from viruses, malware, or spyware.
Diversion Tactics Used By Professional Scammers
If you are not familiar with the concept of Metaverse then you should probably learn about it. Many corporations like Facebook and Google are investing in Metaverse technologies because they believe it is the future of all things web. If you want to get a feel for what the Metaverse is about you should probably see a movie called Ready Player One. The movie lets you understand how immersive a new virtual universe can be and why many companies believe that it is the future of the internet.
But, as we have already mentioned the Metaverse has nothing to do with this fraudulent software. We have to assume that scammers are trying associate the Metaverse with their new bogus app. Anyone in their right mind should be skeptical of their claims, and at minimum start making inquiries in regards to the authenticity of the system at hand.
Metaverse Profit offers a massive leverage of up to 6000:1. We strongly recommend you refrain from accepting leverage since it is actually a type of loan. So regardless of what your balance is you have to pay it back. That means you could lose a lot more than your initial deposit, and that’s something most people are not aware of.
Is Metaverse Profit Compatible With Any Cryptocurrency Exchange?
Absolutely not. Again, this is just a dirty trick which is used by fake review websites. Our staff checked with all the major exchanges such as Binance, Coinbase, and Kraken. None of them knew what we were talking about. If you want to see their response emails please message us.
Metaverse Profit Cashier FAQ (Deposits and Withdrawals)
Funding your account is not a very difficult process. In fact, we had someone help us make our initial deposit and they were extremely useful in helping us navigate the cashier. But when we tried to cash out it was like trying to get water out of a stone. Simply an impossible and horribly daunting task. We were stonewalled, deferred, and deflected so many times that we simply gave up.
Metaverse Profit is an illegal trading app. We checked with a few regulating entities such as CySec, ASIC, and BaFin. The software is not listed with any of these regulatory bodies. Additionally, there is no patent pending and nothing which resembles ISO certification or a PCI compliance protocol.
Moreover, the support staff refused to answer any questions regarding confidentiality of personal data and transfer of private information to third parties. In other words, you can be sure that your information will be passed around and resold to other commercial entities who will try to contact you and sell you anything from used bubble gum to second-hand shoe strings.
Metaverse Profit On Trustpilot, Reddit, and Other Forums
We have already seen fake profiles on a variety of social media outlets. Part of these profiles are connected to the same fraud network that inserts affiliate links into their Trustpilot profiles. The same is true for Reddit, where we have seen a few articles that have been posted about how much money you can make using the Metaverse Profit app. On these platforms anyone can say what they want and get away with it. Ultimately it’s your responsibility and you will end up paying for your mistakes so please put your thinking hat on!
|Metaverse Profit||Comparative Data|
|Anonymity Versus Transparency||Totally anonymous trading app!|
|Success Ratio||Total Flop. Only losing trades.|
|Minimum Deposit||The usual. €/$/£250|
|Back Testing||No back-testing or performance analysis provided.|
We were offered bonuses multiple times but refused to accept them. That’s because these bonuses are not free and carry a trade-through requirement. In our case when we inquired we were told that it was 25 times the deposit amount plus bonus received. Make sure to document your conversations and speak in plain terms when declining these types of incentives.
We can assure you that your will be exempt from paying taxes after trading with the Metaverse Profit software. That’s because taxes are paid on profits, and we already know you will lose your investment. That means you are in the clear.
Other Working Alternatives
If you are in the market for a genuine trading app then you have reached the right place. We test all of of our systems and risk our own money. If the software passes our screening process and generates consistent profits we add it to our recommended section. So why not give it a go and see how a real trading app works!
Metaverse Profit: The Verdict!
We blacklisted the Metaverse Profit scam trading software after testing it and losing our money in a matter of minutes. In our our Metaverse Profit review, we were able to produce sufficient evidence which proves without a shadow of a doubt that the app is totally fraudulent. For these reasons we are advising our viewers and readers to avoid registering for this hoax. Our findings and conclusions have been presented to you in a very clear and legible manner in our review. However, if you require additional information please reach out and message us.