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21CoinWorld is another scam platform in the industry that all investors should avoid at all costs. The platform is allegedly a mining company based in Europe. Unfortunately, the company will collapse sooner or later.
The pyramid scheme entices investors that they will gain daily returns in terms of Bitcoin if they venture with them. The profits that clients yield are paid automatically into their accounts.
As it is the norm of all pyramid schemes, 21CoinWorld is not left behind in offering commission, and bonuses to those who refer other people into their fraudulent platform.
The company state that they use high-quality technology to mine digital currencies. We urge all our readers to keep off 21CoinWorld as no mining activities are happening.
The platform allegedly has data centers in Central Europe, and they are planning to open multiple locations across the globe. Sadly, the information is misleading, and it is only another marketing strategy that 21CoinWorld.com is optimizing to scam as many innocent investors as they can.
They do not have any existing mining farms or data centres that can verify there is mining taking place. Mining comes along with huge electricity bills, and what this fraudulent platform claims\ is that they use renewable hydropower energy to cut on the cost, as well as use an eco-friendlier method.
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Unlike humans who don’t always have the best accuracy, these robots try to furnish traders with the best accuracy.
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Conventional crypto methods of trading such as brokers may not be there to help you with any issues faced.
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Traders can set their desired parameters with these automated bots. These include maximum drawdown, number of trades per week, average holding time, and set profit targets. And this means traders have a wide selection of trading margins to hit.
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21CoinWorld credit it team of experts. It consists of experts’ technicians, digital currency, and successful investors to their tremendous success in the industry.
Unfortunately, the company does not avail of any performance report to verify that their team is indeed qualified and credible to handle investors’ money. Additionally, the platform brag of having a recognized track record in the industry.
Sadly, they have not published even a single accomplishment for the public to view. We can’t help but wonder what kind of platform is this that does not also disclose who their founder is.
It is only Ponzi schemes that will operate in this manner. You need to know the people that you are entrusting your money with for transparency purposes. If you decide to venture into cryptocurrency mining, we recommend that you take your time, learn the market, and trust only the best crypto companies in the market. Investors have made profits using their services and they are also reputable.
How this platform operates is still unknown, they have bogus information that is meaningless. The company allegedly was formed by likeminded individuals who are blockchain enthusiasts.
Through crowdfunding, they can purchase quality mining hardware that will help everyone on their team to earn daily profits. They do not discriminate as they accept members from all over the world.
Additionally, novice investors are welcome to try their lucrative program. Payments are being disbursed in BTC. They offer free webinars to educate individuals on more digital currency investment.
The platform features verification from well-known individuals like Billy Gates; unfortunately, they are all talking of Bitcoin, and how it will revolutionize the current world. Not even a single person endorses the services of 21CoinWorld.
The platform charges a one-time registration fee of 99 Euros, and payments are made daily after their clients purchase the mining plan. The contract runs for 2000 days, and users have the liberty to re-invest their profits, to earn even a higher amount of money.
The least amount that you can withdraw from 21CoinWorld is 0.001 BTC. They, however, do charge a transaction fee of 0.5 Euros. They do not guarantee the amount of BTC that one can generate from their system.
21 Coin Mining is a platform that is operating illegally. For any investment company to work, they need to have a license from recognized financial watchdogs in the world.
The platform state that they accept funds from all over the world, and they are based in Europe. Unfortunately, we checked with FCA, ASIC, and CySEC, but they did not appear in their database.
If you invest with them once they exit the market, no one will come to your rescue, as they are operating anonymously. Unregulated firms can break the law as they please, and they can also have hidden charges.
You additionally do risk sharing your information with fraudsters, which is even more harmful. The platform does not also have a registration document. We cannot fathom why any investor would still trust this treacherous company.
Before you invest with any platform, you need to determine some critical factors if a company is offering customer support services and their response rate. Excellent support contributes significantly to the success of a firm.
However, 21 Coin Mining is a notorious scam that does not offer support via email or telephone. It means ones you have any challenges when using their services, and you cannot resolve the issue.
This is not the kind of entity that you should trust with your hard-earned money. It would be best if you were very careful as the market is plagued with multiple con artists.
The reason as to why they avoid sharing contact details is to avoid being tracked by law when they exit the market. Moreover, the platform does not unveil where they are located. Europe is a huge continent, and not revealing this important factor creates distrust.
We know you might be wondering if your funds are secure in this shady platform while the answer is no. 21 Coin World does not offer fund safety to its clients. They have not verified the financial institutions that they segregate users’ funds.
Additionally, despite them being in the market for some time now, there is no evidence of withdrawal that can be seen from their members. The company only promises a lucrative program that we can see the fruits.
The platform can be attacked easily by hackers since they do not have SSL and DDoS encryption certificates. The red flags do not stop.
We did thorough research on 21 Coin World and discovered that it was registered in August 2018 and will expire in the same month the year 2021. According to Alexa.com, the company seems to have a lot of visits; they have a ranking of 982,747.
The platform justifies that they are an actual mining company that is not lead by greed, but they are a transparent entity that is morally upright. They want to help as many investors as they can to attain financial freedom.
The company state that they have mining farms in Europe, and Austria that clients which investors can visit whenever they please. Unfortunately, the location is not disclosed, raising even more suspicion. Their hardware is the best in the market, and not rented.
The platform has not received any endorsement from social media personalities; the information they showcase on their website is only meant to buy your trust.
They additionally do offer commission in term of BTC. It is calculated daily depending on the current rate in the market
All that 21CoinWorld promises investors is false and misleading. The company offer does not offer any investment services, and they are only after your money. They claim that they mine profitable currencies like BTC, and ETH.
21 Coin World is a Ponzi scheme that you should keep off. The company is being run anonymously, and there is no mining taking place. Sooner or later, they will exit the market with your money.
It would be best if you only trusted legit mining companies that will not compromise your earnings. The company does not even state where they are located.
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