CryptoAlarm is a crypt signals provider that keeps you updated on the current crypto exchange changes enabling you to make profits from the info. Founded in 2017, the service focuses on crypto signals as its main feature and claims that the quality of the signals is constantly growing.
The vendor does not provide info on the location of the company. We could not find an address or phone number for contact. The online contact form present does not seem to be working and the vendor requests users to contact via email. From the lack of contact and support details, it is clear the vendor transparency is absent.
The website design is simple and provides the bare minimum details regarding the platform. There are separate sections for the company info, pricing, and contact. Some of the key features this service assures include
- Provide quality signals
- Good support with the signals and related details
- Signals are valid for a few hours to enable using them in different time zones
- Provide performance proof
- Signals are generated based on many trading strategies, AI-based trading tools, experienced traders, and analysts.
- Differentiated signals that provide profits in the short, mid, and long period
Using the service is easy and hassle-free as per the vendor. You need to first purchase one of the plans available and download the Telegram App to activate the membership. The service sends the signals via the app.
The vendor provides a quick stats overview for its performance in the past few years. In the History section, excel sheets are present revealing profit/loss percentages for different cryptocurrencies. Since these are not verified results the chances of the results being manipulated are high.
The idea behind CryptoAlarm
This cryptocurrency platform was created mainly as a signal-generating service. It makes the current info on the crypt exchange conditions available to users. The users can make use of the information and trade cryptocurrencies to make profits.
The company has 8 team members that include traders and tech lovers. Mike, Adam, Jacob, Rob, Kate, George, Monica, and Kamil are the team members. The job description for each of the members is provided but there is no information on their experience. As with the other sections of the website, the info here is also minimal and does not divulge much about the team or the company.
Safety of CryptoAlarm and the network
The vendor does not provide any information on the security features present. As per the vendor, you are required to furnish only your email address for payment processing and membership along with Telegram ID. There is no mention of the security measures in place for the transactions like payments and withdrawals. The lack of info raises a red flag.
Pricing for this service is on a subscription basis. A trial pack costing $279/month includes signals access and support. The Premium plan costs $1279 per year and has signal access, automation done via Cornix and support. With the Pro plan, you get early access to all the new features of the service besides the other features. This plan costs $1979 as a one-time payment. Compared to the competitor services, the pricing plans of this company are exorbitant and not worth it.
We could not find user feedback for this platform on reputed sites like Trustpilot. Although the vendor provides user testimonials on the official site they may be manipulated. With reputed sites, we can be assured of unbiased reviews and know important details like the performance, support, reliability, and more. The absence indicates this is not a popular service.
Is CryptoAlarm a legit investment service?
From our evaluation of the features, performance and other factors, we find this is not a legit crypto signal provider.
Our verdictOur verdict
- Signals for short, mid, and long period
- Expensive price
- No proven track record
- Insufficient security features