Coinhours (coinhours.info) is a high yield investment program which claims to earn its users returns of up to 10.4% hourly. There is no evidence to support their claims. While we were investigating this service we found a lot of misleading factors which makes us believe that we are dealing with a fraudulent platform. Read our full review to find out why you should never indulge with this firm in any way.
Coinhours Scam Warning-
There is no information available about the creators or developers behind this platform. The anonymous nature of the creators and the lack of transparency are the traits of a scam. Remember transparency is always important when it comes to investing online.
Coinhours represent an ICO where in it requires its members to pay a certain amount of money and in return they are provided with a fixed predetermined returns. While we were trying to validate their operations, we were unable to find any certificates confirming licenses they must lawfully hold. We have confirmed through FCA Coinhours Limited has never been licensed which means they are trading and investing for their clients illegally.
Coinhours claims to do a lot of things at once. First they tell us that their group consists of investment experts, crypto currency traders and at the same time they state that they are earning through cryptocurrency mining and several other things. This is just an attempt to lure in every type of investor by featuring a wide investment spectrum.
Coinhours does not talk anything about how the signals are generated or how the funds are allocated? We do not know which parameters are considered by this firm before executing the trades. There is no report of previous performance report of these so called experienced traders. How can they expect the investors to trust their firm without telling them how their funds will be handled and the trading system it follows?
Coinhours claims to earn its users returns of up to 10.4% per hour with little to no risk associated. These type of returns are not only difficult to achieve but impossible to deliver on a consistent basis. The platform displays different investment plan where in for higher returns the users have to increase their starting deposit. High return claims are used just to catch your attention and trick you into thinking that you can become rich very quickly. Ask yourself if this platform could really generate the type of returns as advertised with little to no risk associated why would they offer it to the public for a minimal cost?
Most of the legitimate softwares provide their users with a demo account so that they can familiarize themselves with their platform and trading system without risking any money. Coinhours does not feature a demo account so you cannot test their software without risking your hard earned money.
If the users encounter any kind of problem on the platform, the support team can be reached through email and telephone.
A minimum deposit of $10 is required in order to get started with this platform. The deposit and withdrawal methods supported by this platform are Perfect Money, Payeer, Bitcoin and advcash.
Coinhours features characteristics similar to a ponzi scheme. They might pay its investors in the beginning but this model can’t last for long. Like most fraudulent investments their main goal is to make as much money as possible from registrations before they get shut down and run away at your expense. The affiliates are paid a percentage of deposits made by their referrals. Note that the affiliates do not have to be an active investor in order to get their commissions.
Coinhours Review Conclusion-
Coinhours claims to make its users rich within a short time frame which is not true at all. Do not indulge with this firm in any way.
Review Date: 2018/06/14
Author Rating: 1/5
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