Colossos Reviews 9

I would exercise extreme caution with any venture associated with the CEO, Adrien Castellani. In 2021, he entered into a partnership as a Limited Partner with Luc Schiltz, a resident of Luxembourg, to establish C4Wave Capital. This can be confirmed by reviewing the registration with the Bolagsverket Swedish Companies Registration Office.

The concern arises when you delve into Adrien's partner, Luc Schiltz's past—simply searching his name online reveals a history of fraudulent activities and legal prosecutions.

It raises a significant question: why would the CEO of this company choose to collaborate with someone with such a dubious background unless there were questionable motives involved?

I was a part of the beta test and I am very happy to see an application being developed so quickly with features that will have an impact on my daily life. I think Colossos can really change the lives of individuals, freelancers and businesses in this new crypto era.

I had the privilege to be invited to the initial closed beta test of Colossos.com during December 2023. Below I share my thoughts for any potential future customers, who would like to know more about Colossos:

1. What is Colossos?
Colossos is a banking and crypto custody service, based in the EU. The headquarters are in Luxembourg (the financial heart of EU) and the company is launched by experienced wealth management professionals, who have previously managed accounts of high-net worth clients across banks in Europe and since decided to apply their expertise in unique fiat+crypto banking service. The company is compliant under the EU's Payment Services Directive (PSD2) and E-the money services regulated by De Nederlandsche Bank (the monetary authority of Netherlands since 1814, which is under European Banking Supervision). The crypto you deposit in Colossos is stored in _cold wallets only_ (which is NOT the case with many other services!)

2. What services I have received with Colossos?
In under 5 minutes Colossos has provided me with a real EU IBAN (you can choose French/Dutch/Irish/Spanish IBAN). Also, all withdrawals from my Colossos IBAN account were free (for accounts in the European Economic Area). You can deposit/withdraw crypto and exchange fiat-crypto with 35+ cryptocurrencies. In 2024 a physical card is also expected!

3. Who is Colossos suitable for?
European Economic Area citizens, who want a bank which is friendly to crypto. My traditional bank regularly flags (and sometimes even rejects) my crypto transactions, not to mention the high fees imposed. With Colossos I can finally stop relying on old "traditional finance" banks and most importantly, deposit/cashout fiat/crypto freely (while also being EU-regulated!).

I had the opportunity to test Colossos as a beta tester and was impressed with the quality of the platform. As an avid DeFi user, I found the on-chain transactions to be very smooth, and the creation of an address book was also quite efficient. I particularly enjoyed the low transaction fees.

I highly recommend Colossos to all crypto investors, whether they are experienced or beginners looking to start their crypto journey.

I recently had the opportunity to try out Colossos' services, and I am absolutely thrilled! Their approach is remarkable: responsive, professional, and always ready to help. The interface is intuitive, making the use of their traditional banking and crypto services both simple and effective. Finally, a bank that does both! I was also impressed by the speed and efficiency of their customer support. A big bravo to the entire team for creating such a modern experience. I highly recommend Colossos, 5 stars well deserved!

For the past few weeks I have been beta testing Colossos. I was very impressed with their product, everything worked perfectly and switching between fiat and crypto was seamless. I'm looking forward to the debit card so I can make this my primary bank!

I've been part of the 2023 beta testing of Colossos. The app works perfectly, both with fiat (EUR) and crypto (tested with Polygon and BTC).
I am looking forward for using it in 2024!

Edit:
The parent company “crupto4winners” scammed it’s investors stealing millions, so these guy completely disappeared!