CoinCome (coincome.info) is an automated crypto trading platform which claims to earn its users returns of up to 2.3% daily. There is no evidence to back up their claims. While we were investigating this service we found a lot of misleading factors which makes us believe that this is a ponzi scheme. Read our full review to find out why you should should never give these scammers a chance to run away with your money.
CoinCome Scam Warning-
Like we see in most of the scams, the actual creators behind this platform have maintained total anonymity. Always remember lack of transparency is a common trait seen in all scams.
CoinCome does not talk anything about how the funds raised from investors will be utilized? We are only told that the funds are handled by a group expert traders. We do not know which parameters it considers before executing a trade. CoinCome does not provide assurance about the reliability of the software. How can an investor trust this platform with their funds without knowing the win rate and draw downs of the trading system it follows?
CoinCome claims to earn its users returns of up to 2.3% per day. These type of returns are not only difficult to achieve but impossible to deliver on a consistent basis. High return claims are used to catch your attention and trick you into believing that you can become rich very quickly. Ask yourself if this firm could really produce the type of returns as advertised with no risk associated why would they offer it to the public for a minimal cost?
CoinCome represents an ICO wherein it requires its members to invest a certain amount of money and in return they are provided with a fixed predetermined returns. While we were trying to validate their service we could not find any certificates confirming licenses they must lawfully hold. We have confirmed through the FCA CoinCome has never been licensed which means they are trading and investing for their clients illegally.
If you encounter any kind of problem on this platform the only way to contact the support team is through email.
The basic plan on this platform starts at 0.0050 BTC. The deposit and withdrawal methods supported on this platform are Bitcoin, advcash, Payeer and Perfect Money.
CoinCome features characteristics similar to a ponzi scheme. Like most fraudulent investments their main goal is to make as much money as possible from registrations before they get shut down. The affiliates are paid a percentage of deposits made by their clients. Note that the affiliates do not have to be an active investor in order to get their commissions.
CoinCome Review Conclusion-
CoinCome is an unreliable investment platform which is operating illegally. Do not invest your money into this firm for any reason.
Review Date: 2018/06/16
Author Rating: 1/5
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