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Coingoldspot.com Review: A Real Crypto Deal or Not?

Coingoldspot.com Review: A Real Crypto Deal or Not?

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Coingoldspot.com persists they trade in agricultural produce and cryptocurrencies. The platform claim they also venture into crypto mining activities. Coingoldspot.com alleged returns are ridiculous, and any investor might notice the lie in it.

Like all other scam platforms, the founder of the platform information has been kept a secret. Coingoldspot.com operators are unknown.

Investors deserve this kind of information to ensure there is mutual trust among the investor and the platform. Honesty and transparency is a way of proving legitimacy.

Coingoldspot.com claims to implement innovative technology. The platform states they use innovative technologies in the agricultural sector.

Although Coingoldspot.com claims to use the latest technologies. It does not necessarily mean the platform will generate returns for their clients.

Investors who fall for every financial narrative might fall for these platform claims risking the security of their funds.

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They claim their products are grown in ecologically clean areas all over the globe. This is the reason as to why they have crazy returns. They proceed to project high-quality crop production.

Coingoldspot.com Review

The platform assures clients’ great experience, but the only thing that you will yield from Coingoldspot.com is unimaginable losses. Customers are promised quick response claiming they are a full-service website.

The platform allows six types of payments Bitcoin, Perfect Money, Payeer, Ethereum, and Lite Coin. Without bank information regarding the platform, investors can easily get robbed of their funds.

Coingoldspot.com Review, Coingoldspot.com Platform

The platform tries to clean their ways by posting deposit and withdrawal history. Keep in consideration that the figures do not add up, and the data is fake.

Most of the history provided is untrue and is used to trick investors. For all the currencies used, the minimum amount you can withdraw is $0.01. There are trustworthy and sustainable cryptocurrency services that you can use to make money.

 Coingoldspot.com Certification and Support

The guidelines governing trade platforms in most countries are well outlined and recognized by most trading platforms globally.

Legal authorities put in a lot of work in educating investors of the ever-growing fraud platforms. Investors need more knowledge and education concerning online investment.

Most people have a misconception that cryptocurrency is a get rich quick scheme while the fact is time and skill are essential in this market.

Coingoldspot.com runs its operations around most countries in the world. The investment company will require numerous licensing papers from various authorities.

We checked the platform verification under FCA and FTC, and, as expects, no details about them being verified are available.

Coingoldspot.com Scam Review, Coingoldspot.com Contact Us

Coingoldspot.com may face criminal penalties for breaching the guidelines set by the authoritative regulators. To generate funds from the public without legalization is a crime.

Coingoldspot.com does not have customer support in case of complaint. Only scam platforms do their best to hide their tracks. You need to think again before trusting this company with your cash.

 Law regulators are doing their best to get hold of such organizations. Once the platform loots your funds, there is no means of getting hold of them.

How Does Coingoldspot.com Operate?

The platform has not stated how their platform operates. Coingoldspot.com says they are involved in the crypto mining market. These allegations are unclear and raise more doubts and questions.

Coingoldspot.com has not provided information to its clients of fund safety on the platform. The way they manage the investors’ funds is also not mentioned.

There is no indication of where the mining farms of  Coingoldspot.com investment company are located, the hardware they utilize, or the location of their servers.

 The platform does not tell you what their loss is. Draw or win rate. Investors who expect returns from this platform may have to wait forever.

Coingoldspot.com mining operations are not explained in their platform. Trading and mining come with risks. Investors who invest without researching end up as fraud victims.

Coingoldspot.com Investment plan

Coingoldspot.com informs clients they will earn high returns by utilizing the platform’s mining activities.

The company claims each investor gains a constant increase in profits. In addition, the platform promise investors an automatic earning on all plans. The platform offers investment five investment plans.

Coingoldspot.com supposedly gives clients instant withdrawals. The platform claims they have no hidden charges on all plans. The affiliate percentage is also too high. However, they are exaggerated, and they don’t add up.

The platform investment percentage figures are 34.5%-40% hourly. This is attainable for three hours. The first investment allows a deposit of up to $1000.

The second investment plan, 17.5% – 25%, is said to be earned hourly after every 6 hours. Investors in this plan are allowed a maximum deposit of $6000.

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The third investment plan promises a return of 9.50%-15% every hour for 12 hours; the amount of funds that you can deposit is $10000.

The fourth plan accepts a  maximum deposit of $25000. It promises a return of 185%-350% after 3 days. The 5th Investment plan for up to 6 days the investor is guaranteed 450%  to 790% profit. The maximum deposit is up to $50000.

These kinds of numbers are only found in scam platforms. Reasonable trade platforms provide sensible percentages.

Scam platforms offer hilarious and unrealistic investment plans. Experts in the market will realize these numbers as an ultimate red flag.

Coingoldspot.com offers up to 17.5% ROI hourly. This is unrealistic and unachievable. Over approximating returns is always a way scammers use to lure investors into their schemes.

Once the platform receives your funds, the chances of the company contacting you are very minimal. Coingoldspot.com accepts funds in cryptocurrency, and they are not traceable. They will blacklist you after benefiting.

Affiliate Program

Coingoldspot.com need to generate traffic to their website. Most Pyramid schemes use affiliate programs to reach more clients. Failure to generate more members means the systems will collapse.

All Initial marketers in the platform earn fixed agreed amount. The promoters then refer new members to join the scheme. The platform uses unethical methods to bring in investors,

The platform promise investors a  5%  commission in the affiliate program for every member they bring. The only people that benefit from the referral program of any Ponzi scheme are the marketers, and the platform itself.

The platform uses promoters to post positive reviews. They even showcase in social media platforms the returns they have made. Clients may come across ads promoting Coingoldspot.com. However, the purpose of those adverts is to increase traffic.

The affiliate program allows investors to build a 4-level partner structure. The company claims that you can earn bonuses even without depositing funds.

All you have to do is refer others. The platform promises to provide detailed data new users brought to the market. Investors need to be aware of such traits used to lure them directly into Ponzi schemes.

Domain Information

The company registered domain name is Coingoldspot.com. The registration of the domain took place in January 2020, and it will expire in the same month the year 2021. The investment company target audience from Russia, Brazil, and Venezuela.

Coingoldspot.com Final Verdict

The platform is, in doubt, a scam in the rapidly growing cryptocurrency market targeting to rob investors. The investment company is not regulated or licensed, posing more uncertainties. The platform promises users mind-blowing false returns.

The platform only visible reason for existence is to take advantage of investors’ funds. Investors need to stay away from such platforms and do more research on any investment platforms.

The platform projected returns are unrealistic and need more transparency in their dealings. Choose to invest with trustworthy mining companies.

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