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Coin Arena Trade Investment Review: A Deadly Scam

Coin Arena Trade Investment Review: A Deadly Scam

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In this review, we will describe why Coin Arena Trade Investment is a scam that you should avoid at all cost! The scam investment program can be found at coinarenatrade.com. The service seems to be collecting deposits and keeping the money or paying some depositors to persuade them to invest more money. Coin Arena Trade investment is focused on accepting deposits than making payouts. The activities which they engage in are unclear because the site claims to trade investor funds but no evidence has been given to back this claim.

Some features which they tout include quick withdrawals which can take anywhere between 24 hours to 72 hours (we wonder how this can be considered quick withdrawal). They claim that members of Coin Arena Trade Investment can make withdrawals any time although this is also attached to a 20% fee in case of emergency withdrawal. All of these things are a red flag because the site is clearly operating business like a ponzi scheme. If it is not clear how they generate returns for investors, then there is no doubt that this is a ponzi scheme.

You must avoid this scam at all cost. If you want genuine investment advice or tools that can help you make a lot of money from the markets, we recommend using these resources. 

Coin Arena Trade Investment review

Ownership details of the site has not been provided and so the business is being operated anonymously. The people behind Coin arena trade investments are scammers because they have given us all reasons in the world to believe so. They claim the following on their site:

Anyone can make investments using our website. The interface is so easy to use that even someone with zero experience can figure it out. In addition, our experts are available online 24/7 and are always ready to help. Trust management with Trusted Paid Ads. We help our clients earn money on the volatility of the Finance market. Today, this is an industry with a market capitalization of $130,654,12.

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They are clearly using this vague excuse to extort funds from innocent internet users looking for a place to generate more revenue. Some of the features they tout include: 24/7 customer support (you won’t hear from them when they have scammed you). ”Trusted Paid Ads Support Team experts are always here to answer your questions. You can ask them any time of the day and receive a prompt response.”

They claim that Coin arena investment is registered in the US. ”We are a USA Based Company. We Don’t Support Scam and We do not. We are government verified company. We have License to do this business and Leading This.” The problem is that this scam has not provided a certificate of reg on their site and we don’t even know their business reg number. So how can it be true that they are reg in the US? Furthermore, this kind of thing usually needs approval of the SEC which the website has not even talked about. So not only is this a scam, but it is also illegal to set up a supposed investment business to start collecting funds from members of the public without the necessary approval.

How secure is the Coin arena investment website?

An explanation has been given to convince investors that this is safe. “Our website resides on a dedicated server with DDoS protection and SSL certificates, so attacks are virtually impossible. You can access your personal dashboard anytime, anywhere – 24/7.” Again this is quite lame as it does not address the intent of the question. This question should be addressing issues to do with whether or not an investor may get scammed by the operators of the site. But as you can see, the owner of the site is dodging the question by answering it irrelevantly. Again this is a red flag which you must not ignore.

A fake trade copying service!

“Seize the opportunity to grow your capital in the most liquid market in the world by copying the trades of top preforming traders in our investment program. A simple and affordable way to increase your wealth by investing a small sum of money. Profit is calculated on weekdays and reinvested to increase your principal deposit and the overall profit. Profits and principal deposit are paid out at the end of the investment period.” It is quite clear that the scam has nothing to do with trading and if you look at it very carefully, you will see that there is no evidence of trading, only evidence that this is a scam.

Also, the reason this is a ponzi scheme is because they are advertising affiliate earning opportunities that goes up to 2 level deep. ”Our affiliate program is so well paying, it would be a big loss not to use it! In fact, we pay not just one, but 2 LEVELs deep! With our Affiliate program you can build a long term stable & passive income on the Internet.” The payback program is also as fake as it can get. ”Everyone who joins this program will get paid every day, 7 days a week! It’s free to use and earn money with Trusted Paid Ads.”

Generic terms and conditions

By using this website (“Site”), registering for a Barrick trade Account (“Account”), or using any of our other Barrick trade Services, you (“you, your, or yourself”) are agreeing to accept and comply with the terms and conditions of use stated below (“Terms of Use”). You should read the entire Terms of Use carefully before you use this Site or any of the Barrick trade Services.

As used in this Terms of Use, “Barrick trade” refers to the company Barricktrade Inc with registered address at 161 Bay ST#3700, Toronto ON M5J 2S1, CANADA , including, without limitation, its owners, directors, investors, employees or other related parties.

Our best advice for you

As you can see, they copy pasted the terms and conditions texts and were too lazy to change the name of the company’s website where it was copied from. This is a scam. Stick to these recommended investment services. 

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