A new cryptocurrency trading software has launched called “Corona Millionaire“, a play on the current global pandemic coronavirus (COVID-19), but what does the research say about this semi-automated investment platform?
Forex (foreign exchange) market is a global, decentralized market for trading currencies. This market is what determines foreign exchange rates for every existing currency. With the corona virus pandemic quickly spreading and affecting individuals across the globe, it seems to have hit numerous economies as well.
As we continue to witness high volatility in both global markets and the US Dollar, this opportunity can be used to make some income. How? This is where it is most fit to introduce the Corona Millionaire.
Let's review Corona Millionaire trading system to see what the correlation is with coronavirus and whether or not this auto-investing crypto software is a scam or legit.
What is the Corona Millionaire?
The Corona Millionaire has been described as a professional platform software that automatically identifies high potential trades in the currencies market. Using technical analysis and artificial intelligence, this system was created to provide investors with signals for immediate execution. The end result? Potential returns of double, triple and possible quadruple on investments.
How does the Corona Millionaire work?
According to the claims made, the Corona Millionaire works by using five reliable technical indicators. These indicators look closely at the price differences between exchanges. When investors are notified, they are actually buying currency low in one location then selling it high in another; helping to increase their money’s worth. This approach is expected to guarantee high returns with zero risks.
What are some notable features of the Corona Millionaire?
Time leap: The Corona Millionaire supposedly uses advanced programming that works 0.01 seconds ahead of the other markets. This feature makes it the most consistent app to date.
Relies on a number of technical indicators: This permits the best possible signals without any false indications.
Customer service support: Support from the Corona Millionaire brokers is supposedly made available 24/7.
Allows income generating from home to be a simple and straightforward process
Takes into account rules and regulations of all currencies when signalling trades
How to join the Corona Millionaire?
Investors are encouraged to fill in their contact information here. Once received, the Corona Millionaire team will review each individual application and send out acceptance in the form of a downloadable link to the software. From there, creating an account supposedly takes a matter of minutes. As proclaimed by the team, sign up is risk-free and allows each individual to trade immediately. While there are a few red flags and glaring risk factors immediately noticeable about this CoronaMillionaire web-based trading system, let's save that for the final thoughts.
With the coronavirus revealing newer and newer cases, and many countries issuing immediate lockdowns, the value of a currency in some locations is surely to suffer in comparison to others. This is deemed an appropriate time to trade currencies as it can be bought low in one location and traded such that the value increases.
That said, it is often difficult, especially for novice traders to understand analytical charts. With the Corona Millionaire, all of the work is taken care of by a team of specialists who developed a program that does all of the work. It is deemed a sophisticated system that can easily be integrated to just about any trading platform.
As for the cost, this system supposedly does not have monthly fees nor will one be charged after registration. This definitely comes as a surprise; however, one should note that this service is being offered for a limited time only.
The one drawback is the lack of information regarding customer service. They’ve claimed that brokers will be available 24/7, but nothing regarding how this can be done has been shared. On that note, such information might be available only to applications that have been accepted.
The best insights available about Corona Millionaire investment platform is a sincere buyer beware word of caution. The odds of generating profitable automated trades with this software are slim, and one should know upfront these types of programs can be here today and gone tomorrow without a notice, alert or care for the end user.
To learn more about the Corona Millionaire, click here.