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Is Cryptotab Browser A Scam? Free Crypto Mining Site Unveiled!
Welcome to My Cryptotab Browser Review!
Bitcoin mining is one of the online money-making opportunities that are still making a buzz in the scene nowadays. There are indeed many companies and platforms that offer such services including “CryptoTab Browser,” which we will be tackling in this review.
Cryptotab Browser Review Summary
Name: Cryptotab Browser
Founders: Not Disclosed
Product Type: Multi-Level Marketing
Quick Summary: Cryptotab Browser is a website that offers a crypto mining opportunity. Basically, you’ll have to install this plugin on your existing browser. Once installed, you can then start mining Bitcoin.
It appears to be a multi-level marketing(MLM) company since it will pay you to recruit people. Joining is free. However, this may not give you much substantial income. There are also transparency issues.
Overall Rating: 2/10
We’ve already discussed a couple of Crypto Mining MLM opportunities here, such as Dunamis Mining, GoMiner, and X10 Platform.
Most of these programs are low-quality or downright scams so what would make Cryptotab Browser any different?
Let’s find out in this honest Cryptotab Browser review!
What Is Cryptotab Browser About?
Cryptotab Browser is a Bitcoin mining site. It’s a plugin that you can install on your existing browser and once installed, you can then start mining Bitcoin. You also have the choice to make it your default browser, which will in turn enable you to mine your cryptos faster.
Besides Bitcoin, CryptoTab Browser will also mine Monero (XMR) and then convert it to Bitcoins.
On their website, they claim that CryptoTab is the world's first browser with a built-in mining function. They also claim that with CryptoTab, you can earn cryptocurrency just by visiting your favorite sites, watching videos, and chatting online.
The CryptoTab Browser works the same way how crypto-jacking works.
Cryptojacking (also called malicious crypto mining) is an emerging online threat that hides on a computer or mobile device and uses the machine's resources to “mine” forms of online money known as cryptocurrencies. The difference is that you are permitting CryptoTab Browser to use your computer and other devices.
And as mentioned, once you have the plugin installed, it will run in the background and mine Bitcoin as long as your mining mode is on and your browser window is open.
The company does have a strong social media presence, such as in Facebook, Twitter, Instagram, and more which is a good sign. Their landing page is even equipped with FAQS. However, important details like founder or company whereabouts are not stipulated.
Upon researching, it appears that the website was created on December 26, 2017.
How Cryptotab Browser Works?
To install this CryptoTab Browser, you simply have to download the browser for free on the "get.crypto browser.site" and follow the installation instructions. After installation, you will be redirected to sign in with your Google Account or you could also link your other social media accounts.
It's available for Windows, macOS, iOS and Android.
Cryptotab Browser Product Line
Basically what the company offers is a browser that people can download and use to mine bitcoins.
Is Cryptotab Browser A Scam?
Cryptotab Browser appears to be legit and is not a scam. It’s for free and it comes with an earning opportunity as it allows you to mine bitcoins. Though there are allegations that it’s a scam, I couldn’t find any substantial evidence to prove that.
The good news is that there’s nothing to lose since it’s free to download. The not-so-good news, however, is that there are things you must take into consideration before you install this plugin and devote your time to it, such as letting it run on your computer.
Also, it may only be good as a side income and since it’s still a crypto MLM, everything is still uncertain.
Is Cryptotab Browser A Pyramid Scheme/Ponzi Scheme?
Though Cryptotab Browser encourages recruitment and incentivizes it -- it is not a Pyramid Scheme.
First of all, it is absolutely free. All you have to do is download the browser. Pyramid schemes take place when recruitment becomes the only way to make money and people who joined earlier will make more money than those who join on the latter.
Yes, they may offer a referral program yet the income is not solely dependent on it rather, it’s from the mining opportunity.
Again, there’s no cost in joining, unlike usual pyramid schemes that will require you to put in a huge investment before you can earn. There’s also no promise of big ROI unlike usual what scammers do.
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Cryptotab Browser Compensation Plan
You can make money online with CryptoTab Browser. As mentioned, other than mining Bitcoin, CryptoTab Browser will also mine Monero (XMR) and then convert it to Bitcoins following the current exchange rate.
It also allows you to boost your income through their CryptoTab Browser Referral Program as you participate in the referral program by inviting other people to use the browser, too.
Every time someone installs the plugin using your affiliate link, you will earn a percentage of their earnings through the company’s Unilevel compensation plan for up to 10 generations. That’s why CryptoTab may be considered as a multi-level marketing company since it will pay you to recruit people.
The Unilevel compensation plan structure that CryptoTab Browser offers has ten levels. Below is a breakdown of what you can potentially earn from each level:
- First Level - 15%
- Second Level - 10%
- Third Level - 5%
- Fourth Level - 3%
- Fifth Level - 2%
- Sixth Level - 1%
- Seventh Level - 0.5%
- Eight Level - 0.25%
- Ninth Level - 0.125%
- Tenth Level - 0.0625%
Well, as I mentioned, you’ll only gain something that is good as a side income as it would take you millions of people to earn a decent income with their referral program.
Based on an income calculator provided by the company, let’s take for example you will recruit 5 people on your first level who will also recruit 5 people on their first level, and so on. With that, you could potentially earn more than $40,600 that’s IF all the slots are filled down to your 10th level. But that’s just an IF.
So to be able to earn the tantamount value of $40,000, you will definitely need to have more than 12,200,000 people under your team. 12 million? That’s indeed a big number!
It will definitely take longer. Well, it probably depends on your recruitment strategy but how did they arrive at such computation?
To learn more about Cryptotab Browser, you can watch the video below:
How Much To Join Cryptotab Browser?
Joining CryptoTab Browser is FREE. All you need to do is download the browser and install it. After installation, you just have to sign in with your Google Account or you could also link your other social media accounts.
You’ll also have to recruit other people to download and install the browser to boost your earning potential.
It’s good that it’s an opportunity that is for free yet you can have the convenience of making income even while relaxingly surfing the web.
It’s also good to earn from something free and will not cost you much. It means that everything you’ll earn is directly your profit!
Cryptotab Browser is not totally transparent as you won’t see any founder information and company whereabouts on their website and this matter can be a red flag. Probably, why they are allegedly accused of a scam.
Low Income Potential
Yes, it’s a legit opportunity where you could earn income even if it’s for free yet mining those bitcoins and gaining lucrative income would take a lot.
Even with the referral, it would still take you millions of people to gain the substantial income that you desire. It’s only good as a side income and not even enough to sustain a living.
Uncertain Business Model
Cryptotab Browser, as the name, depicts as it mines bitcoins and as we know cryptocurrencies are volatile. You can never really tell, as bitcoins' future value is also uncertain. So success can never be certain and most of the time it can be hazy.
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I haven’t seen much information about Cryptotab Browser training tools and support but basically, you’ll have a user interface to access all your mining details.
There are also FAQs made available on their website and Cryptotab Browser can as well be reached through other social media platforms such as Facebook, Twitter, and many more. Training videos are also accessible online.
Yes, Cryptotab Browser may appear to be a legit opportunity and it’s great to find an earning opportunity that can be joined for free. However, if you are looking to earn a full-time income using this free platform, then it’s not the best opportunity for you.
It can give you some side income but really not enough for a living. It’s really of low-income potential. It will definitely take you a lot, even millions of people to refer to arrive at the lucrative income you are desiring for and it will definitely take a long time.
Well, regardless of your recruitment strategy, that’s definitely a lot of hard work! The idea of being a free opportunity is enticing but this is not gonna be worth your time, believe me! And at the end of the day, there are still no certainties when it comes to cryptocurrencies.
So, if I were you better skip this one as there are indeed a whole lot better opportunities than this.
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Anyways, thank you for reading my Cryptotab Browser Review! Hope this has helped you and has let you come to a wise decision. So, I do hope you try what I recommended. Have a great day!