Cindicator Review – Does Predicting Crypto Future Work?

The Cindiactor platform has been around since 2015 and has rapidly grown its community day by day. With all of the platform’s features, it’s no wonder they gained so much popularity.

However, with some of the features being quite expensive, some traders wonder if it’s worth the money or not. To find out all the pros and cons of this platform, read this Cindicator review carefully.

Legal Info: Who Runs Cindicator Platform?

Cindicator is a project that was started in early 2015 by Mike Brusov and Yuri Lobyntsev, CEO and CTO of the company. With headquarters in the United States, Cindicator Ltd. quickly gained popularity and raised funding through the ICO (Initial Coin Offering).

Proprietary coin CND was primarily listed on Binance, where the company runs most of its features. It’s worth noting that the company currently counts more than 150,000 crypto analysts worldwide.

What Users Say About Cindicator?

Since the company has been around for almost 10 years, it’s quite surprising there are not many Cindicator reviews available. Yet, the 136 comments on Trustpilot might raise concerns over the quality of the company’s features. With failed traders and poor customer support reported, that’s certainly something not worth the money.

Thus, if you are interested in other forms of trading, we have some useful tips for you. Make sure to check our SpreadMarket and BoringDAO reviews as well.

What Does Cindicator Offer?

One of the critical features of this company is the Cindicator app for automated crypto trading called Stoic. Apparently, the app offers up to 2,143% APR annually (average profit estimate) in Bitcoin trading. However, the mentioned reviews don’t confirm such a story.

Even though it sounds quite attractive, traders should be extremely careful with it. On the other hand, they can opt for other products that are potentially more reliable, such as: 

• Macro Sentiment Indicators
• Signals from Superforecasters
• Collective Intelligence Platform
• Cindicator Edge

Pricing Plans Quite Speculative

One of the cheapest and least reliable options is the Stoic app, which has quite low fees. Thus, these have to be paid annually. Anyway, you can choose between three packages: 

• Starter – $20/month for portfolio up to $3.5K
• Plus – $25/month for portfolio up to $10K
• Pro – 5% in crypto for portfolio over $10K

Yet, it’s not precisely explained 5% of what. Is it from the portfolio or profits? It remains a mystery. When it comes to macro sentiments and super forecasters, you’ll have to set aside $20K per month or $200K annually. But let’s be fair; if a person has $200K annually, they can just purchase cryptos and let it sit there.

On the other hand, if you are looking for a more diversified option, you can opt for Cindicator Edge, which requires up to 700,000 CND tokens in balance. Since the Binance delisted the token, there’s nothing in circulating supply at the moment. So, bear that in mind.

Features Not Supported Anymore

One of the quite disturbing details is that after completing the Cindicator login process, you won’t have all the options available.

As can be seen, the platform clearly announced that some of its features are no longer supported. Primarily the aforementioned macro sentiments and super forecasters. Instead, they promote their automated crypto bot. 

What Happened to CND Token?

Based on some user reviews on the Reddit platform, it appears the token was delisted due to low user interest. After all, it was only used for utility and not for trading purposes. 

Still, this way, the company was generating returns from your deposits in return for practically nothing. Therefore, you shouldn’t be surprised that the Cindicator price dropped from $0.25 to $0.00048 at the time of writing.

Trading Limitations With Stoic App

Generally speaking, the Cindicator Binance partnership stumbled after Binance realized there was no worth in keeping the token. And now there’s no alternative to it but to pay fees regularly. Another key disadvantage is that the Cindicator coin trading app can work only on Binance.

With fairly much better crypto exchanges, some traders will still be looking for other options. Especially after all the complaints about Cindicator crypto trading tools.

Questionable Customer Support

Generally speaking, customer support usually requires quick feedback solutions. That’s the only way you can sort out potential issues timely. Sadly, with this platform, there are none of look-a-like options. Instead, you can only reach them via e-mail and Telegram.

Yet, we all know that Telegram is an encrypted app and that you can easily get kicked out. On the positive side, the Stoic platform offers a bit more reliable contact options. However, traders don’t find these that much trusted.

Summary: Is It Worth It In The End?

Whether you opt for Cindicator News, Stoic app, or any other feature, it appears traders don’t trust it much, especially after the removal of the CND token from Binance. All in all, there are too many risks involved in automated trading in general.

For that reason, we always recommend taking the old-school path. Once you understand the markets yourself, nobody can manipulate you. And what’s a better place for testing skills than a prop trading company? If you hate losing money in the markets and still want to earn profits, Funded Trading Plus company is the right place to be.

It’s a great place to start with funded accounts up to $200K, advanced trading tools, and education options. Not to mention, the company offers a profit split of up to 90%. It’s no wonder this UK-based company has more than 2.000 satisfied users based on Trustpilot. Test them out yourself, sign up today, and don’t waste your precious time and money testing shortcuts.

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