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Coindiplo Review: The Worst Crypto Scam

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Coindiplo Review: The Worst Crypto Scam

Coindiplo is another cryptocurrency pyramid scheme in the industry. Digital currency investors should keep off this firm if they have no intention of losing their funds. The Company allegedly uses a trading algorithm that very high accuracy.

But is this not the norm of all Ponzi schemes? They lure investors with false claims of utilizing the latest technology in the market while, in reality, they do not even have a running company. It would be best if you exercise caution when dealing with new investment firms.

The Ponzi scheme state that they have made over 700% returns all because of their strict risk policy and tough decisions that their team has made. Unfortunately, the Company does not showcase any evidence to back up their claims.

We also don’t see real investors coming out to credit Coindiplo for their excellent services. The reason being the platform is the only intention is to get their clients’ money and exit the market. Trust us when we tell you that this Company will not last long in the industry.

It will take only a few months, and they will be exposed then they will exit the market. However, they will come back using a different domain and having even a sweeter financial narrative with the intention of scamming as many people as before.

The cycle stops with you; all you need to do is be very cautious about getting adequate knowledge that will help you to distinguish a legit cryptocurrency company with the Ponzi scheme.

It is the first red flag you should note. The reason Ponzi scheme throe false allegation is to insinuate that they have a trading reputation and to buy the trust of their clients. They know nobody like trading with a company that has no trading history.

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Coindiplo Review

The software that Coindiplo utilizes optimizes the digital currency industry by monitoring the market. When the price of bitcoin decline, it takes it, and sell it at a higher price. The platform should have stated that they are an arbitrage firm instead of claiming to have a trading bot.

Nonetheless, there is no cryptocurrency investment taking place in Coindiplo. Additionally, the shady entity state that since the time they have been in the market, they have managed over $30 million in funds of their clients.

Advantages of using reliable cryptocurrency trading robots

These are the advantages of using tested and reputable crypto robots that automate trade and hit the profit target.

Why using Crypto Trading robots is the best move

There are reliable crypto robots that have been tested and seen to produce desired results. Go for these robots as they do offer much in terms of success.

Here are some of the pros of using dependable and tested cryptocurrency trading robots

  • Accuracy of trades

Unlike humans who don’t always have the best accuracy, these robots try to furnish traders with the best accuracy.

High profit returns is what these robots are after and tests indicate most of these recommended forex robots hit over 80 percent successful ROI.

  • Great customer support

You obviously want a platform that’s available to help you when needed. Most of our recommended cryptocurrency trading robots offer reliable 24/7 support.

Conventional crypto methods of trading such as brokers may not be there to help you with any issues faced.

  • Time Efficient

One of the key benefits of using automated bots is time. The trading process is completely automated thus making it hands-free. You can also set your preferred parameters before moving on. Traders don’t have to constantly conduct market analysis.

  • Portfolio diversification

Traders can run multiple accounts using robots and thus, increase the trader’s portfolio diversification. You get to run multiple accounts and strategies and benefiting from robots that do all the heavy lifting.

  • Increased accuracy

Manual trading creates a lot of errors especially those related to currency pairs, execution price, and position size. Algorithmic trading helps keep such issues out of bay as the bot have a more accurate sense of taste for the market.

  • Minimize trading costs

Bots help identify optimal market entry and exit points. It takes into consideration account liquidity levels not forgetting market volatility. These bots ensure brokerage fees are minimal and bring in maximum profitability.

The currency that the platform claims to trade-in is; Litecoin, Bitcoin, Bitcoin Cash, and Ethereum. The main goal of this Company is to help both individual and institution investors to join the cryptocurrency market.

As per the time of this writing, the Company is less than three months old, and it is absurd that they claim that they have managed the portfolio of all these clients. It does not add up, and you should not turn a blind eye at this red flag.

Before you invest, you need to make sure that you perform thorough research. Moreover, it would help if you did not let the greed of getting rich quick fool you into believing that you can get rich easily. The crusade of cryptocurrency investment is a get rich quick venture that is being spread by the Ponzi scheme.

The owner of Coindiplo is running the whole show behind the scenes, which does not make sense. Nobody would create such a lucrative program and shy away from taking credit. The only reason they are operating anonymously is to remain to avoid catching up with their fraudulent activities.

Digital currency investment is not very different from the traditional form. Both require patience and knowledge of the market; you cannot just dive in and expect to have ridiculous returns.

How Does Coindiplo Operate?

Coindiplo was formed in November 2018, so the Company is still new in the industry. However, the fraudster who is after this platform claims that the shady Company has been in existence since 2017.

They brag of having a very able team of professionals that handles their binary options trade. Unfortunately, there is no available evidence to prove that these individuals are certainly qualified as the platform does not provide their background.

The Company should also display the alleged team for investors to see whom they are entrusting their money to. The platform assures those that trust them with their funds; they will attain returns double the initial amount that they invest.

Coindiplo Review, Coindiplo Platfirm

Let use logic; do you think an anonymous entity can double your money within a period of one week? It is only a naïve investor who does not know how cryptocurrency works which would trust this dubious platform.

The Company is using stock images to insinuates that these are the people behind the pyramid scheme. We took it upon our hands and searched for these people online. To our surprise, the Company is using images of people who have no link with Coindiplo.

The CEO of the platform hoes by the name Jonathan, and his co-founder is Mabel. Both of them do not exist because these are fabricated data. All these red flags point that Coindiplo is not a legit company.

In reality, if the platform had discovered a method to gain much money within the set duration, then why do they need your money? The Company is only after your money, and you should not believe a word they say.

Contact Details

Coindiplo is allegedly located at 444 West Street, Chicago, IL 60606, USA. The information is false, and this fraudulent Company is not found in the United States.

The information is only meant to make you deposit funds with them by insinuating they are based in this high-end area. The Company, however, does not provide a telephone number or an email address that you can reach them through.

Coindiplo is determined to stay anonymous at all costs. It is not the kind of Company that you can trust. Transparency is critical, and in case of any query, you will not get any assistance. How about you stay away while you still can.

Regulation

You will realize that not many online investment companies are located in the USA. Moreover, even most of the legit entities are based in different countries.

The reason behind this is due to the hefty measures that the US government has put up. The Company is not regulated by the National Future Association (NFA). Coindiplo is running illegally as they do not have a business permit.

They also collect money from investors around the world, yet they are not in the database of ASIC, CySEC, or FCA. It is a risky platform that will fraud you by the blink of an eye.

If the platform exits the market, the government will not come to your rescue. It would help if you stayed away from Coindiplo as they may also have hidden charges. The Company may also change their term of services without your knowledge to serve only their greedy needs.

Final Verdict

Coindiplo has many shortcomings; they and their numbers do not add up. The Company has put up unrealistic statics on its website that do not create confidence. They also lie about the time they have been in operation.

You should only venture with legit trading bots if you want to gain real-time earning. The firm has numerous red flags that we cannot assume. Investors do not need such fraudulent activity. Finally, refrain from venturing with unregulated entities as nothing good come out of them.

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