Guys, Please beware about Cloud Token wallet. Most probably to be a scam wallet and Scam Token Like Bitconnect. same theory Using here. They guarantee to pay 10% of your HOLDING funds by CTO(cloud token). Normally we need to focus on the security seriously before choosing a wallet to store your funds. this company says they touch your funds and trade in the exchanges and give you a profit percentage. as we know trading is not always profitable and can't guarantee a proper profit.



what are the risks

01 They touch your funds and trade so your funds are not your own control
02 you have no private keys so you can't get your funds if something happens to the cloud token wallet app(passphrases are useless without working app)
03 you will receive CTO tokens and price of this Tokens increasing continually without any trading platform. everyone knows the price of any token/coin depend on buying pressure and selling pressure. without that price cannot be increased. most probably company controls the price of this CTO tokens.
04 at anytime company can get your funds and give you CTO tokens as bitconnect did. then all people have useless CTO token and no one will buy it

so Please beware about these kinds of scams and secure your fund with a proper wallet. always try to store them in offline hardware wallet.
Thanks