Coin Gain is a crypto company that is claiming to be a highly reliable and efficient crypto exchange platform. Its website, CoinGain.App is asking people to invest in the company and enjoy numerous benefits of this platform.
However, there are many different features of CoinGain that do not seem genuine and trustable. Therefore, in this article, we will thoroughly review this company to determine whether you should invest in it or not.
According to CoinGain.App, CoinGain is a crypto trading and exchange platform that allows its registered members to make profits via crypto trading robot. Moreover, the company is also promising that the members will be able to generate about 1.5% to 4.5% profits on an hourly basis for 24 to 72 hours.
This kind of business model is quite confusing and even unbelievable. CoinGain does not provide any further information about how it aims to fulfill these promises and provide profits via crypto trading.
The business model of CoinGain.App seems to be all about the affiliate membership and getting people to invest in the company. It entices people to buy the company’s packages by claiming that once you become an affiliate of CoinGain, you will not have to do anything. Instead, you will get an opportunity to sit back and relax while the modern trading bots do all the work for you.
Coin Gain is claiming to have a team of professional, qualified, and experienced experts who are familiar with the crypto trading procedures. Yet, the CoinGain.App does not provide any information about the owner of the company or the people running the platform.
It means that CoinGain is a highly suspicious company that is hiding details about its origin. The website even provides a fake address of an office in London to seem like a legitimate platform. However, further research shows that the address is fake.
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You should also note that CoinGain is not a well-established as it is claiming to be. Instead, its domain CoinGain.App was registered in August 2020. The analysis of the website shows that Argentina (7%), Iran (6%), and the USA (5%) are contributing the highest amount of traffic to the website.
CoinGain.App states that the initial affiliate membership of the company is free for every user. However, in order to participate in the income structure of the company, you have to make a minimum investment of 0.0005 BTC, 0.02 ETH, 0.1 LTC, or 20 XRP.
It shows that the company is allowing users to invest in the company through a number of different currencies. However, the website does not make it clear that how the profits will be distributed among the members.
It is highly possible that CoinGain.App is providing all of such options to attract investment from all over the world. You should not make any hasty decisions when it comes to investing in this platform. Keep reading the following income structure of the company before making up your mind.
CoinGain promises a profit of about 102.5% to 110% on a daily basis. As a result, the company is encouraging people to invest as much as they can so that they can earn maximum profits. CoinGain.App provides the following breakdown of the profits on different levels:
Moreover, the website also states that if the members manage to generate $25,000 in investment, they will earn a greater amount of referral commissions. However, you should keep in mind that there is no guarantee that CoinGain will actually provide any of these profits.
By keeping this income structure in mind, it can be concluded that CoinGain is not a good investment opportunity. There is a very high chance that you will lose your money by investing in this company. A good alternative to this company would be using genuine crypto trading bots. You can use such bots for crypto trading on your own terms and conditions and generate profits.
CoinGain.App mentions a number of other features of the company to attract more users and make them invest in the company. It is important to review these features to determine whether you can actually trust them.
CoinGain claims at many places that it has a very easy and profitable investment program in which you just have to spend some money and get the profits on an hourly basis. The website states that it is a fully legal program in which you can even spend a small investment of $1.
However, such claims only show the desperation of CoinGain.App to extract investment from the users. There is no proof that this company is actually capable of providing any profits on such a small amount.
CoinGain.App states that the company has developed its own crypto trading bot. As a result, users should rely completely on the bot to earn passive income. However, it is quite surprising that the company does not provide any further details about its crypto trading options or preferences. Instead, it is asking users to trust it blindly.
CoinGain does not seem to have any solid income structure through which profits will be distributed among the members. It is claiming to have a modern system of ‘randomized profits’ in which the members will be getting 102% – 110% profits on a daily basis.
Such kind of business model is often seen in Ponzi schemes that do not have any interest in providing actual profits to the users. Instead, these companies only want investment from the users before their eventual collapse.
CoinGain.App is enticing people to invest in the company by saying that it has the safest and secure crypto trading technology in the industry. The company is even claiming that it has been using its trading bot since early 2019.
However, the history of the company shows that it emerged in late 2020. It is possible that the company is lying about having sophisticated technology to seem legitimate and attract more investment.
The company is claiming to have a reliable and efficient customer support system that is available 24/7 for the users. However, the website does not have any such facilities. It does not even provide the name of any of the people behind the company.
The entire business model and income structure of CoinGain is similar to any other Ponzi scheme. The company does not have any external source of revenue. Moreover, there is no proof that even its own crypto trading bot actually exists.
It is possible that the company is fully relying on investment from the users to operate. However, as the recruitment stops, the company will eventually collapse due to a lack of financial resources.
The bottom line is that the income structure and working of CoinGain.App is very disappointing. You cannot expect to generate a good amount of profits through this company.
You should avoid investing in CoinGain so that you do not suffer any financial losses. Instead, you should use the crypto trading bots that provide a wide range of trading preferences for both beginners and experts. As a result, you will be able to make a good amount of profits via these reliable crypto trading bots.
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