Coinoa Review Update 2023: The platform is no longer active which means members don’t have access to their investments.

Get to find out the best investment tools to use when speculating the volatile crypto market.

Features to look out for when choosing a cryptocurrency trading robot

Gauge the robot you are about to use using the listed features to get the best out of them

• Is it easy to use the robot?

Ease of use should be the first consideration when choosing a reliable automated trading robot. You want a robot you understand.

And this ensures the traders have a better chance of enforcing their strategies and increasing overall performance.

• Is the robot transparent?

Transparency also plays an integral part in deciding the best robot to go for. You must choose a transparent robot that gives accurate data.

Please check and confirm if the data provided by the robot is accurate and matches the market’s values.

• Can trade 24/7

With forex trading robots, users can trade without confining themselves to time zones or limits which increases the chances of winning.

These robots continuously work with no breaks and watch the market and take advantage of any breaks.

• Not influenced by human emotions

Humans will likely fall into the problem of having emotions play a role in their speculative movements.

With forex trading robots, that’s not the case. These robots use raw data to properly line up the best trading positions for users.

• Fast at executing trades

Automated robots ensure there’s speed in trading making these robots some of the best in the industry.

You get automated trading tools that won’t compromise performance making them the best to get ahead.

• Makes backtesting easier and faster

Traders get a chance to test these robots before using them during live trading sessions, demo accounts are available.

With the demo platform, you get to see the platform in action which ensures traders know the best parameters to use.

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All you need to know about Coinoa

Due to the shady nature of the operations undertaken by Coinoa.com, we believe that this review is timely since it has come at a time when Coinoa is getting burned by several countries and states around the world. What exactly is the cause of all this? Well, Coinoa is operating like a Cryptocurrency trading brokerage where traders are able to access various Cryptocurrency markets to trade them online.

They are supposedly offering free online education on how to trades these digital coins as well as PAMM accounts too. Under this service category, there are two investment plans which require a minimum deposit of $2000 and $5000 respectively. The first plan is allegedly giving investors access to a personal account manager while the second one provides what they call ”personal account analysts”. The difference between the two is not well elaborated.

The main difference between these two account is that one provided trading education and 2 trading sessions per week while the other one only provides 1 trading session per week and does not provide access to education materials.

What are the experience of the account managers in question? It isn’t clear, and Coinoa is not going to give us an answer given their discrete and anonymous nature of operation.

There are no promised returns or draw downs either. This makes it difficult for would-be investor to gauge the quality of service and trust that these guys will eventually deliver.

On the same note, trading strategies and risk exposure are not discussed on this page. We believe that these two things are really important and will go a long way into helping clients who want their funds managed to make a decision as to whether or not to use Coinoa.

Due to lack of those necessities, investors can only browse and pass this website for something better. We honestly don’t believe that Coinoa has something good to offer traders and investors given that they do not have a reputation yet. Their presentation also seems too sketchy to even trust them with any amount of money. It would take a huge gamble to trust these guys. We are not ready to do that either.

Coinoa review

Now that Coinoa is receiving bans from many countries and states, we will not take this red flag fore granted. It surely means that there is no legitimate investment service going on in this website.

Looking at it from all angles, we can only suspect that this is yet another money grab where you send your coins and they fall in a dark bottomless pit. You are not to recover your money regardless of how much you have spent on this scam.

It is not rocket science. Someone who is anonymous and is soliciting for your money is definitely not a good person to return your money. Therefore, expect that their anonymous nature will actually shield them from getting basted. They do not want you to visit those online trading forums shouting their names there and saying that the owner of Coinoa scammed you. That is the essence of registering a domain privately.

Their About us page

This part of the Coinoa is filled up with completely generic information. There is no value in this page since we are not told what Coinoa is and what they intend to do in order to help traders achieve their financial dreams. On the same breath, we are not told the faces behind this website and how it started.

In short, if you want to be certain that the anonymous operator of this site is not willing to divulge anything concerning the operations of this shady site, just read the generic information which they’ve provided on their about us page. It is of no substance, and definitely not confidence inspiring.

It’s the kind of information that suggest that this anonymous scammer loves to copy paste information from other scam Cryptocurrency websites. Definitely this cannot go far. You are risking your money by trusting these guys.

Quality of education

We have familiarized ourselves with the so-called education materials which Coinoa is providing. Clicking that part of the website will reveal generic information that can be found all over the internet.

Is this any different from the type of education that their customers will receive when they opt for one of their PAMM accounts. We are not quite sure about this. However, one thing is clear. If the site can only copy paste information from other readily available sources on the internet, then it means this is a true reflection of the kind of education they will give you when you waste a whooping $5000 on a scam like this.

In the end, we can only conclude by warning investors that trading or letting them trade your money is a risky endeavor. You must not let these anonymous internet crooks take advantage of you.

Any track record or reputation?

Having registered this domain in August 2017, we were expecting them to build a reputation for the couple of months that they have been in operation. But that has not happened. A search on the internet would reveal that this is a bona fide scam that is waiting to scam members of the public if they are gullible enough to fall for their lies.

In short, there is no reputation here. We wonder how investors are supposed to trust them if the site doesn’t have a reputation yet.

In terms of track record, you can rest assured that the employees (if any) of this site do not exist. And if they do, they have zero experience on matters related to Cryptocurrency trading and investing. No skill at all. That is why they lack the relevant professional skills needed to pitch their idea/product.

Our best advice for you

Now that you have heard the truth about Coinoa, don’t gamble your money with them. You will surely lose. The site is already on everyone’s blacklist. But it’s still out there with its doors open so that it can continue scamming members of the public while it lasts.