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Crypto Legacy Review 2022 - Is It Legit or a Scam?

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Author: Saad Ullah Updated: March 17, 2022

Leveraging the use of artificial intelligence and automatic trading tools, Crypto Legacy is a crypto-focused trading robot that says it can help people gain profits higher than what they can earn through manual trading. The website claims to be able to offer a profitability level of up to 60%, far higher than what traders normally can achieve.

This is obviously appealing and at the same time makes people wonder if this is real or not. We take a deep dive into the claims made by Crypto Legacy to see if they are true or not.

What is Crypto Legacy?

Crypto Legacy claims AI makes it faster at analysis and that it can detect price movements with a fair degree of accuracy. Using AI, the robot is said to be able to use analytics and place buy or sell orders automatically, thus requiring minimum human intervention. The small fractions of time shaved off in both instances is what makes Crypto Legacy the best tool, the website says.

Crypto Legacy: Our Verdict

Free sign-up

Leverages AI

Demo account available

Low deposit

Multiple withdrawal methods

Register Now With Crypto Legacy

Who Created Crypto Legacy?

Though the website claims that the robot was created to analyse historical price movements and predict future outcomes, there is no information provided about who is the mastermind behind the apparently high-profit robot.

While this may cast doubts on the legitimacy of the robot and its creators, the website claims to affiliate itself with regulated platforms where the actual trading takes place. Regulated platforms are answerable to their respective financial authorities for their practices and this does point to Crypto Legacy being a serious service since regulated platforms don’t tend to associate with shady businesses.

Start Trading in 3 easy steps

1. Open a Free Account

Crypto Legacy offers one of the simplest account opening processes. All potential users have to do is to visit their website and enter nominal information about themselves which includes their name, contact number, and email address. The whole sign-up process takes only a few minutes, including verification by the robot’s team.

2. Make a Deposit

The website claims that it allows very small deposits to be made through a variety of funding methods, including all major debit and credit cards, bank transfers, PayPal and other e-wallets. Deposits of as little as $250 are said to be supported. The time it takes for your deposit to reach your account will depend on your funding method.

3. Start Trading

Users can immediately start trading after funds are deposited. Crypto Legacy has a vast partner network of brokers that help users trade in different major and altcoin CFDs. Along with this, users can also use the demo feature to have a test run. With fully automated trading, traders only need to tell the robot to start their trading journey and sit back.

Register Now With Crypto Legacy

Pros & Cons of Crypto Legacy?

Pros

Available globally: With its stated affiliations with different brokers, users will always have a platform that they can use to do auto trading.
Multilingual: Available in different languages, Crypto Legacy makes trading easier for non-English speakers too.
Demo account: Traders can test out the robot for free to see how they would fare with Crypto Legacy’s automatic trading.
Low deposit requirement: Asking as little as $250 for the first deposit, Crypto Legacy makes its services accessible.

Cons

No mobile support: Crypto Legacy lacks a dedicated mobile app.
No crypto withdrawals: Crypto Legacy states that it uses CFDs to trade, meaning users cannot withdraw cryptocurrencies, only fiat earnings.

Key Features of Crypto Legacy

Payouts

Crypto Legacy claims to have a profitability level of up to 60%, achieved through its application of AI to gain an edge over the rest of the market. After some research, however,  it is our belief that this profitability level won’t be achievable for most users.

Verification System

A simple verification is all that the website says is needed, limited to a user’s name, contact number, and email address. However, we believe that for trading to begin, users might need to provide more information since the robot claims to use regulated brokers and they will definitely have their own KYC/AML checks.

Withdrawal Process

The trading robot says that the withdrawal process is easy and all users have to do is to put in a request to have their funds withdrawn through the robot dashboard. Multiple channels such as debit cards, bank transfers, and even e-wallets such as Skrill are supported.

Costs and Fees

Crypto Legacy does not claim to have any kind of fee or cost associated with its service. The registration is free of cost and there are no annual charges either. The brokers that it uses might have their own cost structure and it is advisable to check in with the assigned broker for clarity.

User Testimonials

There are several user testimonials on the Crypto Legacy website that claim they have been able to make sizable profits using the robot. While the claims made may seem a bit unrealistic due to the extremely high profits said to be made, the feedback online appears to be generally positive.

Customer Service

Crypto Legacy has a dedicated customer service system where traders can reach out to have their issues resolved or questions answered. Traders are also assigned accounts managers who are available to provide support should the need arise.

Affiliated Brokers

Crypto Legacy is a trading robot that only analyses the market and does not make direct trades. The trades are done through affiliated brokers using different CFDs. Crypto Legacy says that brokers are regulated and reputable. This offers a greater degree of financial and technical security as the brokers have to comply with different laws in place for traders’ asset protection.

Is Crypto Legacy Legitimate?

With good user feedback directly on their website and different discussion boards and websites reporting that users have made decent profits using Crypto Legacy, the robot does appear to be satisfying its users.

Some users have said they have lost money through trading with the robot, but Crypto Legacy does say in its disclaimer that crypto trading is highly volatile and there is always a chance that users will lose money.

5 Reasons to Use Crypto Legacy

Intuitive Interface

Crypto Legacy claims to have a very intuitive dashboard that anyone, even novices to the crypto trading scene, can quickly understand and begin trading within a matter of minutes.

Enhanced Profits

The reported use of AI and auto trading means that Crypto Legacy can play on the volatile nature of cryptocurrencies faster than people and take advantage of price movements. This, it says, leads to more profits overall, even in the short time of a day.

Long and Short Trading

Since Crypto Legacy says it uses CFDs, this means that users can make profits even when the overall market is falling using shorting, thanks to the derivative nature of the contracts.

Non-Stop Trading

As a robot, Crypto Legacy enables users to trade whenever they want. Unlike stocks or forex, there are no trading times. The versatility means that the robot says that it can work without ever needing to stop.

Practice Trading

One of the many features of Crypto Legacy is its stated feature of a demo account, where traders can create a practice auto trading session and check the ability of the robot.

What’s the Best Way to Use Crypto Legacy?

Crypto Legacy at first glance seems to be the holy grail of crypto trading since it claims to optimise and automate the best crypto trading experience. Although no robot is infallible, when used sensibly they can be used to supplement your income.

Novices can build their confidence in demo mode and then learn the ropes by watching how the robot trades in automatic mode. More experienced traders can also benefit from trading bots, in manual or automatic mode, by using them to increase their speed, time spent trading, and overall efficiency.

Has Crypto Legacy Ever Appeared on TV?

Dragons’ Den

Famous for its hosts, collectively known as the Dragons, the hit TV show has gained immense popularity among entrepreneurs and start-up businesses looking to expand their operations through investments. A lot of discussion boards on the internet talk about Crypto Legacy and its developers making an appearance on the show and securing funding from at least one of the hosts. We have looked into it and have found no evidence of the robot specifically being mentioned or featured on the show.

The Profit

Looking for businesses in need of cash, The Profit features Camping World CEO and multi-millionaire Marcus Lemonis who gives cash-strapped businesses a chance to present him with their business plan so he can help them achieve their dreams. There are several rumours that Lemonis has met Crypto Legacy’s creators and backed their auto trading venture. Our research shows that this is not the case and Crypto Legacy has never appeared on the show.

Has Crypto Legacy Ever Been Endorsed by a Celebrity?

Elon Musk

Perhaps the most influential mainstream personality in the crypto sector, Musk makes it no secret that he likes crypto, especially Dogecoin. While some believe that he has built a significant wealth through Crypto Legacy, there has never been any evidence of this.

Winklevoss Twins

Tyler and Cameron Winklevoss are twins who became famous for their early investment in Bitcoin and setting up the Gemini crypto exchange. While they have certainly made a fortune investing in cryptocurrencies and many believe that they use a trading robot, there is no evidence of them ever using Crypto Legacy.

Richard Branson

Knighted for his entrepreneurial efforts, Sir Richard Branson is a man of many talents who has interests in different fields, primarily through his Virgin Group, covering communications, tourism, entertainment, and travel amongst others. Many websites talk about Branson venturing in crypto trading, more specifically with Crypto Legacy. Sir Richard Branson has never acknowledged this and neither have we been able to find any evidence of it.

Bill Gates

If you own a Windows-based device, you already pay homage to Bill Gates since he is the brains behind the computer operating system. Always interested in bleeding-edge technologies, there is speculation that he may be using Crypto Legacy to increase his wealth. We can assure you that the speculations seem to have no basis in fact.

5 Ways you can Maximise Success with Crypto Legacy

Making a profit is never guaranteed, no matter how good your trading robot is, but there are a number of precautions you can take to improve your chances of success and minimise any losses.

Start Small

Crypto Legacy says people can deposit as little as $250 and you should use this to your advantage. Invest the minimum $250 and see if the profits are up to your expected level. This way you only commit a small amount and protect yourself against bigger losses.

Save Some Profits

Don’t immediately spend all your profits or reinvest them into the robot. Put aside some of the profit you make. This way you have money on hand that you can use or reinvest at a more optimal time.

Follow the Advice of Experts

Fast trading or not, computer codes cannot factor in human intuition or insight and this is exactly why you should follow crypto industry leaders to find out their take in the short and long term.

Keep a Record for Tax Purposes

You will need to report your income to your tax authorities and having a detailed record of all transactions will help you do this. False reporting, even unintentionally, can land you in hot water.

Only Invest what you can Afford to Lose

Cryptocurrency trading is a volatile activity and where you will hear of people making millions, there are always those who have made a loss. Be smart and only invest an amount that you can live without. This way you avoid going under even if you lose all of your investment.

Our Conclusion: Crypto Legacy

Crypto Legacy purportedly offers an innovative means for people to make profits in crypto. The robot’s claims are somewhat outlandish and it is reasonable to be suspicious. However, a large number of users’ testimonials seem to suggest that Crypto Legacy does in fact provide good profits. Taking into account its reputation and users’ satisfaction, the popularity of Crypto Legacy may be warranted. 

Looking for another crypto trading robot? Why not check out our reviews of others such as Bitcoin System, Immediate Edge, Bitcoin Up and Bitcoin Prime.

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Frequently Asked Questions

  1. Crypto Legacy states that it complies with different laws and regulators, including the EU’s GDPR, the UK’s FCA, and Australia’s ASIC.
  2. Crypto Legacy claims that its analysis is accurate up to 99% of the time.
  3. Crypto Legacy is available in several languages. Check out their website to find out if yours is supported.
  4. The robot supports BTC, BCH, ETH, BNB, XRP, and some 70 others through CFDs.

Disclaimer: All testimonial photos are stock imagery and do not represent the people behind the feedback.

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