Coin Arena Trade Investment is a company that happens to be another fraudulent venture. The platform is thriving by availing false information to the members of the public.
The company has visible red flags that sell them off as a fraudulent entity. For starters, they are promising traders 10% weekly profits if you do the math that is around 40% in just one month.
The amount is ridiculous, and even the legit crypto trading software in the market cannot guarantee investors such high amounts. Cryptocurrency is not a get rich quick scheme that investors can turn to in case of the financial crisis.
The niche is like any other business whereby you need to have adequate knowledge of how the market operates. Additionally, it will take much time for you to recover your initial capital. Legit trading software is not cheap, but it will earn you realistic profits.
Coin Arena Trade Investment claim that their website is professionally designed. Therefore, it is easy to navigate and use. Once you deposit your money, the amount will immediately begin to yield high returns.
The company state that you can earn using multiple methods. They have a ten affiliate commission whereby customers receive 5% for every person they manage to invite. The platform additionally proclaim that you will have the ability to earn high profits by depositing a very minimal amount of funds
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The returns are usually summed up every weekend, and you can reinvest your earning to increase your level of profits. We find this venture water of resources, and the best thing you can do is to avoid them.
Coin Arena Trade Investment Review
The company claims that it is the best in the market, and every trader is welcome to try out their services. The newbie’s investors are welcome, as well as the system does not require any prior knowledge.
Coin Arena Trade Investment brag that they have experienced experts who are dedicated to helping their customers. You can contact them 24/7. Unfortunately, the company is only claiming they have the best team, but they do not credit them.
We are not customed to believing empty words without any evidence. The platform additionally showcases some statics that we think are only me to lure more naive clients to their doorstep. The firm is urging those who might be having burning questions not to hesitate to ask.
Furthermore, Coin Arena Trade Investment also states that investors have nothing to worry about as they are secure ventures. They have both SSL and DDoS certificates; hence hackers cannot access their website. Moreover, they also promise to uphold high privacy to their clients, and your data is not accessible to any third party.
However, the people you should be wary of are the scammers that are running this platform. There is no protection that you will enjoy from this platform. They are only after serving their greedy needs and not any trader. The company has no intention of helping investors to attain their financial goals.
Withdrawal and Deposit
Coin Arena Trade Investment state that the withdrawal request takes from one up to three days to be processed. It all depends on the amount you are cashing out. It means if the amount you withdraw is vast, you must wait longer.
You can, however, initiate a withdrawal request anytime that you desire. Nonetheless, traders are subjected to a 20% fee. The fee is high, and considering they do not avail of any other info in regards to these; we would urge you to stay away.
The company proclaims that you can earn 10% with trusted paid ads. The company has multiple red flags, and you should not be surprised when you encounter them advertising their fraudulent services heavily.
Contact Details and Regulation
Coin Arena Trade Investment proclaims that it is operating following the government. However, after checking them on various databases of financial regulatory bodies in the world, the firm did not appear.
We strongly believe that this company is lying about their geographical location. It claims to be based in the USA, but knowing that the country has stringent requirements for investment entities, we find this hard to believe.
The Ponzi scheme is not registered or regulated by the NFA of the USA. It also fails to disclose their actual location; this is a sign that you are dealing with tactical scammers. Moreover, the firm does not care about its customers; this is because they have not established a communication channel.
The company does not showcase their company number. Ironically they also state that they do not condone scammers while they are the biggest fraudsters in the market. They preach what they are not practicing, and it only shows how desperate they are in winning the trust of their victims.
Ponzi schemes tend to indicate false data on their website to gain the trust of traders. Sadly, for them, we know all the tactics that they incorporate. Our advice is that you stay away from companies that are not licensed.
We do not find a reason to trust this venture, a company that does not care about their client should not be something that you waste your valuable time with. It would be best if you venture with regulated and a platform that has good customer support.
The Domain Insight
Coin Arena Trade Investment was registered in January 2018 by an anonymous person. The domain name is expected to expire in the same month the year 2021. There is a higher possibility that the person who is responsible for this entity is from California.
Currently, there is no info on the location that they target their audience from. Additionally, the platform is not popular in the market.
Is Coin Arena Trade Investment safe?
The company is not a Trustworthy venture that you can trust with your money. The entity is a Ponzi scheme that does not avail sufficient data on its platform.
Coin Arena Trade Investment is only making huge promises but fails to provide financial reports to verify their claims. The entity is a smart Ponzi scheme that does not want to disclose their actual location. The shady venture is only the bragging of the top-notch team that they have.
Unfortunately, when it comes to providing the background of the team, the entity shies away. All the red flags that we have pick pointed are enough to show you that this is a losing company. There is no evidence of them possessing a trading software or having a group of employees.
One person is operating the coin Arena Trade Investment. It is risky to engage with such a venture that has no intention to protect you. Keep off this Ponzi scheme that Haas no investment products or services to offer.
Coin Arena Trade Investment is an illegal investment company that is not worth clients’ money. The company does not feature their performance reports for clients to see how they are doing in the industry. The firm is only making huge promises without availing any proof.
Crypto investment is not somewhere that you can only make profits. Losses are part of the journey, and you should only venture with legit crypto trading companies that specify their win rate as well as their drawdown.
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