The Crypto Genius located at thecryptogenius.net, which claims online users can trade cryptocurrency using his custom trading software, is a scam. This is because the software the so-called Chris Peterson is referring to does not exist. The website even claims they were featured on CNNMoney and BBC News, but that is a lie because there is no article on both news websites about The Crypto Genius.
Therefore, online users are asked not to register or invest in the bogus Chris Peterson The Crypto Genius trading software.
The "Chris Peterson The Crypto Genius CryptoCurrency Trading Software" Website
Remember, this is how the scammer going by his so-called name, Chris Peterson, makes his money, by convincing members into opening binary options trading accounts with a broker, which he will make a commission from every time those online users trade, whether they lose or earn money on their so-called investments, taking part in very risky binary options trading.
There is a lot of binary options trading scams online that are similar to the Chris Peterson The Crypto Genius trading software. All the scammers do is to change the name of the company and website, then they get actors to create an appealing video with rented luxury homes, cars, jets, which they claim they own, in order to convince viewers into believing in their scams.
What is Binary Options Trading?
Simply put, Binary Options trading allows you to basically trade by saying “yes” or “no”, and if you predict the right outcome you win a predetermined amount. If you are wrong, you lose your money.
Remember, the trading of binary options can involve overall market risk. In nearly all cases markets can and often times do move in various directions without ample warning. Although there are ways to predict potential market movements, even the most thorough of analyses cannot always accurately pinpoint exactly which direction the market will take.
Online users, the best way to get to know Binary Options trading better is by using a demo account. With such an account, you can trade under real market conditions without risking your own money. There are a lot of websites on the internet which allow you to set up a demo account. Just search for “open demo binary options account.”