Last Updated on December 31, 2022 by Stephan Lindburg
Welcome to our NFT Profit review and scam investigation.
The NFT Profit scam Software is a newly-launched algorithmic trading robot. This app reportedly analyzes market movements and offers new members a “fast and effective way to get rich” through digital art. But is that really the truth or have we stumbled onto another sinister scheme designed to defraud unsuspecting victims?
We are here to help you understand just how deceptive the NFT Profit money-making system really is. Our staff went above and beyond in order to obtain viable evidence of scam and documented all the fraudulent activity. If you have read some of our previous articles and wish to know who is behind this latest hoax, the answer is the same. It’s a very tight-knit group of affiliate marketers and media agencies that are operating in partnership with unlicensed offshore CFD brokers.
When we joined this program to conduct our £250 deposit test, the broker which was assigned to us was named “Coin Central”. This broker has a registered business address in St. Vincent and the Grenadines. St. Vincent is a very well-known tax shelter where professional money launderers and criminals hide their money. That’s a huge red flag for anyone considering investing with NFT Profit.
Making money trading Bitcoin as well as other cryptocurrencies online has recently come under our fire for being involved in a number of fraudulent activities. We have received initial reports that several of our members had their computers infected with viruses after registering for the NFT Profit software.
As a result, the staff here at scamcryptorobots.com decided to run a virus check through our testing software. Lo and behold, the virus check came back with some very interesting results. We have actually dedicated a separate section just to address the alarming issue in the lower part of our NFT Profit review.
So, if you have read an article or seen an advertisement on social media which is prompting you to register for the NFT Profit scam, we encourage you to think twice and refrain from doing so. We tried it and lost our investment in a matter of minutes.
Official Website, Login Page, and Members Area: nftprofit(dot)money
The NFT Profit scam trading app uses a geo-targeting system which redirects new members to different websites. For example, if you are located in Sweden you will not see the same version of the website as someone from the United Kingdom. It’s important to be aware of these discrepancies, as they are highly indicative of a scam. This also helps explain why Google chrome blocked the NFT Profit website when we conducted the virus scan.
NFT Profit Review: Scam Evidence
OK so here we have the main website and registration area for NFT Profit. If you take a look at the center of the screen you will see that it says that NFT Profit is a “fast and effective way to get rich”. If that doesn’t answer to the criteria of “get-rich-quick” scheme nothing does.
NFT Profit: Fake Claims And Fraudulent Activity Go Hand In Hand!
- 1 NFT Profit: Fake Claims And Fraudulent Activity Go Hand In Hand!
- 2 Fake Testimonials
- 3 NFT Profit Trading Software: Virus Detected
- 4 Fake Celebrity Endorsements
- 5 What Is NFT Profit and How Does It Work?
- 6 NFT Profit Review. Make $1,000 Daily Or Scam?
- 7 NFT Profit Dashboard and Signals
- 8 NFT Profit Leveraged Trading
- 9 Regulation Check: No Licensing Or Certifications Of Any Kind
- 10 NFT Profit Cashier (Deposits And Withdrawals)
- 11 NFT Profit Bonus Structure
- 12 Taxes Related To The NFT Profit Scam
- 13 Alternative Systems That Work!
The NFT Profit scam signals app is making some very bold claims. In fact, in the sales page they are literally telling you that their software has a “99.6% success rate”. Needless to say, this is not possible (not to mention illogical).
Still these types of exaggerated claims stand at the center of this scheme, and even the smallest con artist will tell you that catch phrases like guaranteed wins or no-risk trades will help them seal the deal every time.
NFT Profit is no different than any of the other scams we exposed here on our website. Make sure to stay alert and on your toes because these liars understand how to manipulate the facts and get victims to believe their tall tales.
We caught the NFT Profit software using fake testimonials for promotional purposes. It’s very clear that the people providing testimonials have not actually used the service, and are instead just image bank actors that are being used to by the platform. Here we can see that “Daniel Zhou” is not really and entrepreneur. We found him on an image bank named deposit photos where he poses as “an Asian man in a suit”.
The same is true for Anna Moreno, Martin Smith, and Charles Stevens. They are all image bank actors and their testimonials are completely falsified.
NFT Profit Trading Software: Virus Detected
The NFT Profit scam app has been flagged as a potential threat by a number of reputable online security firms, including Kaspersky, McAfee, and Norton. This is because the website has been found to include viruses and other malware that can infect your computer, leading to identity theft and other serious problems. We recommend that you scan your computer or device if you have visited any the NFT Profit website!
Above you can see the scan and the application which was blocked. The extension .exe means that there is a file which is attempting to be downloaded on your computer or device. The reason it was blocked has to do with the fact that it is associated with PUPs (potentially unwanted programs), malware, or spyware. This means NFT Profit is not only a scam, its also a potentially malicious program and that is a fact.
Fake Celebrity Endorsements
At the start of the NFT Profit sales video, the scammers show you an assortment of short news clippings which feature a variety of different news items that talk about NFTs. These are legitimate news videos, however they are totally taken out of their context and edited in a way which is designed to lend an added dimension of credibility to the NFT Profit software.
More importantly, we have received initial reports of fake news campaigns flooding the internet. These types of campaigns will usually use fake endorsements by celebrities such as Holly Willoughby, Martin Lewis, Elon Musk, and Richard Branson. Scammers understand that celebrities or high-profile public figures can easily influence public opinion, so they are cleverly using that in order to promote schemes like NFT Profit.
Fake NFT Profit Reviews Flooding The Web
Please be advised that of all the websites providing positive reviews and 5-star ratings are affiliate marketers who are endorsing the NFT profit scam. This crafty lot of cheaters get paid to write positive reviews and also receive referral commissions every time a new member registers through one of the campaign links they have on their websites!
These reviews are not independent and completely insincere. We recommend you avoid review websites which tend to endorse every offer that’s available in the market. It simply doesn’t make sense that all systems are credible and generate money for their members.
What Is NFT Profit and How Does It Work?
NFT Profit is supposed to be a new automated crypto robot which uses “digital art” in order to trade NFT’s or non-fungible tokens. It’s supposed to generate as much as $1,000 a day in passive income for its members. It is stated that this new platform uses artificial intelligence and calculates “millions of key factors” which influence the NFT market. The app reportedly executes instant buy/sell orders with “99.6% success” ratio.
What Are NFT’s?
NFT’s or non-fungible tokens are a non-interchangeable units of information or data-sets which are stored on a blockchain ledger. These units of stored data can be sold or traded on exchanges. In most cases NFTs are associated with certain formats of digital files like photos, audio files, or videos.
NFT Profit Review. Make $1,000 Daily Or Scam?
Interestingly enough NFT Profit does trade NFT’s. It also has nothing to do with artists that sell their digital art, and there is definitely no algorithm which powers this software. In fact, there is no software at all! NFT Profit is simply a kind of promotional website which integrates with a CFD broker and that’s pretty much it. The con artists are using the concept of NFT’s in order to conceal the true intention of this hideous piece of trash technology.
NFT Profit has nothing to do with genuine NFT’s. This is a trick scammers are using to get your attention. Please conduct proper research before risking your money!
This also helps explain why the cheaters are pushing new customers to buy Ethereum before they purchase NFT’s. We can clearly see this in the NFT Profit FAQ section, and that’s because they are very sneaky and understand how to manipulate their victims by appealing to their sense of greed or need to generate money quickly.
And just when we though things couldn’t get any worse, we noticed severe grammatical errors on the NFT Profit website. This is a strong indication that the crooks who are responsible for publishing this content are not native English speakers.
This is really a sloppy con job and to be quite honest we have to thank these amateur nitwits for providing us with all the proof we need in order to expose their fraudulent activity.
NFT Profit Dashboard and Signals
You may find it strange but for us it’s very common not to have any kind of trading dashboard at all. Additionally, there are no signals or indicators such as TREND or MACD, Parabolic SAR, or Moving Averages.
This simply validates our conclusions and proves that NFT Profit is just another fancy sales page that is being heavily promoted. It has no intrinsic value, or any value at all for that matter. It’s simply a way for affiliate marketers to attract new customers in order to collect fat commission checks.
|NFT Profit Traders Snapshot||Comparative Data|
|Reliability||This bot is not reliable and not to be trusted|
|Is The Bot Licensed?||No. There is no licensing or regulation of any kind.|
|Customer Service||Horrible. Don't waste your time trying.|
|Demo Account Available?||We could not find demo trading.|
NFT Profit Leveraged Trading
The platform will offer you 1:1,000 leverage which is really a lot. But no protection against losses is given. This means that you can very easily get into an overdraft in your trading account, and owe your broker more than your initial investment. That’s an extremely dangerous path to take, however not one of those review websites takes the time to mention it or warn new members about it.
Regulation Check: No Licensing Or Certifications Of Any Kind
The NFT Profit software hasn’t been regulated by any legal authority such as CySec, BaFin, or FCA. Moreover, all the brokers that the software integrates with are dodgy. In fact, all of them are unlicensed and their gain is your loss hence the inherent conflict of interest.
We also searched for patents, ISO 9001 certifications, and PCI compliance. We came up with a big blank, and this means that privacy of personal or financial data is not a priority where NFT Profit is concerned.
In fact quite the opposite is true! We are sure that your personal information will be sold to third parties and you will start getting spammed immediately and harassed on the phone by sleazy sales agents with strange accents just like we did.
NFT Profit Cashier (Deposits And Withdrawals)
As is the case with these types of platforms, members will find it very easy to fund their trading account. But making a withdrawal is practically impossible. That’s because NFT Profit uses what we refer to as “deposit only” brokers. That means the money is transferred from your wallet to theirs, but never the other way around.
We have received multiple complaints about inability to withdraw existing funds. We have been exposing scams for many years now, and we are always shocked at the lengths brokers will go to in order to deflect, delay, and eventually decline withdrawal requests.
NFT Profit Bonus Structure
NFT Profit offers bonuses, but those do not come without a price. Every bonus, perk, comp, or incentive you receive requires a minimal trading amount. From our experience, customers who receive a bonus always end up using it as well as the rest of the balance they have in their account. When that is finished so is your money and that’s the secret behind bonuses so don’t accept them and make sure to document your conversations with the broker.
Taxes Related To The NFT Profit Scam
Have no fear! You will not be required to pay any taxes to your local authorities from money you won through NFT Profit. That’s because you can only be taxed on income generated, and since you will be losing your money not gaining it you will not be required to report tax earnings to your local legal jurisdiction.
Alternative Systems That Work!
If you have made it to this part of our review then you may be interested in trying out a legitimate trading app. Our recommended section offers a short list of tested trading systems. Every time we spot a trading app which actually has potential we add it to our recommend systems section for a limited time. If it performs consistently it stays and we keep monitoring it to make sure the success ratios don’t start to decline. So go ahead, check it out for yourself!
NFT Profit Review, Summary, and Conclusions
We blacklisted the NFT Profit scam software and phony digital art platform. Our researchers have produced unequivocal and clear-cut proof of scam, and trying to claim otherwise is both futile as well as senseless.
During our £250 deposit test we were called about 20 times by different account managers, and they all offered us a variety of strategies and in-house trading systems “which actually work” as opposed to NFT Profit. These are all lies designed to suck in the victims even further and get them to reinvest.
In light of the overwhelming amount of evidence we were able to provide, we have no choice but to advise our members and viewers to avoid the NFT Profit trading software and seek alternative investment opportunities. Should you have any additional questions or need clarifications, please reach out and message us through our contact page.