Earning cryptocurrency through mining, and in particular while browsing the web, is a concept that, it must be said, appeals to a lot of users. CryptoTab reviews quickly made this leading Bitcoin mining platform very popular with investors. But is the CryptoTab platform reliable? Are its offers scams? You will find the answers in this complete CryptoTab review.
CryptoTab: Our Expert Review
The CryptoTab platform is now a real reference among sites that let users mine to earn cryptocurrency. Because it is free and therefore accessible to everyone, CryptoTab quickly built up a certain popularity in this field.
Cryptocurrency mining is also increasingly offered on trading sites. It essentially involves earning small rewards by completing simple tasks on behalf of crypto blockchains, such as subscribing to web pages, watching advertising videos or even answering paid surveys.
CryptoTab presents itself as a browser, or an extension, compatible with the features of the famous Google Chrome browser. CryptoTab users can therefore use the platform every day to browse the web. In the background, the platform’s mining bots use the power of their computer’s processor to carry out complex calculations and tasks that mine Bitcoin.
However, even with very powerful machines, users only generate an average of $1.3 per month, or around $16 per year. As you can see, you should not expect to become a millionaire with the earnings generated on the platform. Our view is that CryptoTab is a good solution for anyone new to cryptocurrencies or who would like to make the time they spend online a little more profitable.
However, the earnings are fairly negligible and therefore not at all suitable for investors with bigger ambitions. For them, sites such as eToro offer better options for investing in crypto.
On related topics, our articles “Hashflare Review” and “ZuluTrade Review” are a useful complement to this one.
CryptoTab Review: Why Choose This Platform?
- To earn cryptocurrency for free and effortlessly;
- Because it is also a useful web browser with all the necessary features;
- To take part in the CryptoTab referral program and turn it into an additional source of income;
- Because it is a leading platform for cryptocurrency mining;
- The platform is also fairly intuitive and easy to use, with a dashboard that lets users track their earnings;
- CryptoTab is also available on mobile.
All these strengths contribute to a positive CryptoTab review, but they do not really tell you whether this platform is the best possible option for getting into cryptocurrency trading. Before giving a firmer opinion, we need to compare CryptoTab with the crypto trading sites most popular with investors.
What Is CryptoTab?
- A browser, or simply an extension compatible with Google Chrome, that lets you earn Bitcoin via an installed application that runs every day whenever you use it. That is the concept behind the CryptoTab platform, a project launched in 2018. It was an innovative idea in cryptocurrency mining that quickly took shape and became a reality by the end of that same year.
- From the outset, CryptoTab’s principle has been simple: to make Bitcoin mining accessible to everyone, especially beginners and amateurs who want to generate their first earnings without risk. It has been a successful bet: despite the site’s youth, CryptoTab now has more than 25 million users, and this number keeps growing.
- The site is available in French and several other European languages, including English, Italian, Portuguese, Spanish and even Russian. The platform is also accessible in almost every country in the world.
- However, cryptocurrency mining is legally controversial. That is why CryptoTab stands out among the many platforms working to make this activity fully legitimate. In this CryptoTab review, you will discover some of the measures taken in this direction.
What Do Users Say About CryptoTab?
Users | CryptoTab User Reviews | Rating |
Madcarak | “Mining Bitcoin while browsing is great! Well done on your formula.. it’s the same browser as Chrome! I highly recommend it, well done to the programmers!” | ★★★★★ 5/5 |
Axel André | “Hi everyone, I use CryptoTab Lite for cloud mining on my smartphone. The earnings aren’t huge but it’s still worthwhile. Install CryptoTab Lite, it’s free.” | ★★★☆☆ 3.5/5 |
Greb Yom | “CryptoTab Browser is a scam because it reduces your balance without explanation. I had $3 and suddenly it became $0.1 without explanation. I tried to contact them to understand, in vain. I strongly advise against this browser as a source of income. It’s a pure scam” | ★☆☆☆☆ 1/5 |
As this table shows, CryptoTab reviews are fairly mixed. Overall, however, most users seem to agree that the platform is a real innovation in itself.
CryptoTab Key Figures
CryptoTab Key Figures | |
Number of account types | 1 |
Number of cryptos | 1 |
Leverage | – |
What Are CryptoTab’s Fees?
CryptoTab customers or users pay no fees to use the platform. As mentioned above, access to this tool, from registration to withdrawing your funds, is completely free. However, you should expect your electricity bill to rise, as Bitcoin mining is extremely energy-intensive.
The site also offers advanced tools, such as cloud mining (mining crypto via the cloud). Only access to these specific tools is paid, as they can double or even triple potential mining earnings on CryptoTab.
Also, depending on the payment method used (bank transfer, e-wallets) when withdrawing your funds, some fees may be deducted.
CryptoTab Review: Is the Platform Reliable?
- CryptoTab’s regulation;
- Any history of scams on the platform.
Examining these two main points makes it easier to find answers and judge CryptoTab’s reliability.
CryptoTab Review: Is the Platform Regulated?
No, because unlike trading sites such as eToro, Vantage or AvaTrade, CryptoTab is not an investment platform for buying or selling cryptocurrencies on the market. It is more of an application or extension compatible with the Google Chrome browser. The application includes an algorithm that lets the device on which it is used mine Bitcoin online.
As well as being recognized and authorized by the famous US giant Google, CryptoTab mines crypto directly from the Bitcoin blockchain. These are the strongest arguments for the platform’s legal reliability. Remember that blockchains are chains of data accessible to everyone that make it possible to verify a virtual currency’s reliability.
CryptoTab Scam History
Crypto enthusiasts who use the platform do not have to deposit any money, so there is very little chance of having funds extorted. And CryptoTab charges no fees of any kind.
Nevertheless, during our investigation, some users’ CryptoTab reviews accused the platform of fraud. According to these reviews, the balance of their CryptoTab mining account sometimes decreases without any explanation, which these users see as a thinly disguised scam.
However, these users do not provide concrete evidence to support their allegations, so our view on this point remains mixed. If you want to get into cryptocurrencies in a genuinely profitable way, it is better to do so via a trading site such as eToro, whose reliability is well established.
CryptoTab Payment Methods
Bitcoin (BTC) wallets are currently the only payment method available on the CryptoTab mining platform. Users will mainly need one to withdraw their earnings once they reach the minimum balance of €0.13, or 0.00001 BTC.
To withdraw the Bitcoin you have earned on CryptoTab, simply:
- open your balance dashboard;
- select or click the “Withdraw” button;
- set up your withdrawal (amount, crypto wallet address, etc.);
- confirm the transaction to transfer your funds.
Note: Deposits are not required on CryptoTab, so there is no procedure for them. However, for about $67, payable in Bitcoin, by bank transfer or by credit card, you can access the paid Cloud Boost tool for much higher potential earnings. Essentially, this unlocks the CryptoTab Pro version.
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- The CryptoTab platform for computers;
- The CryptoTab mobile version.
CryptoTab Web for Computers
The web version of CryptoTab for computers is the most widely used, as it offers better features and better results. The computing power a computer can put at the blockchain’s service is very high.
On the web version, users can choose the intensity of Bitcoin mining, which is the level at which their machine’s CPU (processor) will run. The more intense the mining, the more calculations your computer’s CPU performs for the blockchain, and the higher your Bitcoin earnings.
CryptoTab Mobile
Mining cryptocurrency from a mobile device, whether a tablet or a smartphone, was long considered a pipe dream. Yet CryptoTab’s creators managed to develop exactly that: a Bitcoin mining app for mobile devices.
CryptoTab Lite for mobile has almost the same features as the web version for computers, but with less mining power. Many users therefore use Cloud Boost to optimize mobile mining at a reasonable rate. The mobile version of CryptoTab has the unique advantage of letting you mine anywhere, at any time.
What Can You Do on CryptoTab?
As you will have gathered, CryptoTab is not a platform for buying, selling or exchanging cryptocurrencies. It is an application, a browser with algorithms that are used exclusively to mine Bitcoin. Our view on this point is that it is a fairly interesting solution for crypto enthusiasts.
If, however, your goal is to generate substantial income by trading cryptocurrencies, our eToro review shows that this site is better equipped.
CryptoTab Review: Does the Platform Offer Leverage?
No, CryptoTab does not offer leverage. Leverage is a market product generally found on trading sites that let users trade assets such as cryptocurrencies. It is a multiplier that amplifies your gains but also your losses if your trades are unsuccessful.
The CryptoTab mining platform instead offers a tab that lets you multiply mining speed by 2, 4 or even 8. This speed, combined with the power of your computer’s processor, determines your potential mining earnings.
To invest in cryptocurrencies and many other market assets with the best leverage offer on the market, our Vantage review shows that this broker is far more suitable.
Cryptos and Wallets Offered on CryptoTab
On CryptoTab, it is the digital currency Monero that is mined. The site then has a converter that displays your balance directly in Bitcoin. As a result, the only crypto available on this site is Bitcoin.
As for wallets, CryptoTab does not offer one for withdrawals, but the platform is compatible with many crypto wallets. Users can, for example, use Blockchain Wallet, which CryptoTab accepts.
CryptoTab Referral Program
CryptoTab relies heavily on the power of numbers to extend its popularity and mine more Bitcoin on blockchains. To achieve this, a CryptoTab affiliate program has been set up. Referrals are undoubtedly the biggest source of income on this crypto mining site.
The CryptoTab referral program has exactly 10 levels. Commission rates range from 15% to 0.0625%, meaning rewards ranging from $6 for a network of 10 referrals to $25,000,000 for a network of 10,000,000,000 referrals. These rewards are certainly fairly small, but still better than those from Bitcoin mining, hence our positive view on this point.
CryptoTab Pros and Cons
Pros | Cons |
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What Are the Alternatives to CryptoTab?
- eToro is the best option for investing in cryptocurrencies and genuinely benefiting from their profit potential on the markets. The eToro broker notably offers copy trading, or social trading, for beginners. Thanks to copy trading, even market beginners are generally able to generate their first income;
- Vantage is also a good alternative to CryptoTab. The Vantage broker is a very attractive platform for trading cryptos with tools such as CFDs (contracts for difference) and leverage;
- AvaTrade would also be a wise choice as an alternative to CryptoTab.
How to Close a CryptoTab Account
Closing a CryptoTab account is fairly simple. Go to the dashboard of your Bitcoin mining area and select the “close account” tab. Then simply follow the instructions to complete the process.
If this first procedure proves complicated, the fallback is simply to uninstall the application and extension from your mobile device or computer.
Conclusion: Is CryptoTab a Reliable Site?
To conclude this CryptoTab review, we would say it is a fairly good initiative: free, easy to use and also available on mobile. CryptoTab is a top choice for amateurs who want to make their time online pay by earning a little crypto (Bitcoin). However, the earnings generated on this platform, even through the affiliate program, are tiny. More ambitious investors should therefore choose platforms such as eToro or Vantage, where you can invest in cryptocurrencies and make fairly substantial profits.