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i-Coin.io is another crypto pyramid scheme that is out in the market to scam investors. The platform allegedly offers its clients an opportunity to trade the digital currency of their choice.
The investment company offers a trade for Bitcoin, Ethereum, Litecoin, Ripple, among other digital currencies. The platform hull claims that there remain the choice of many traders across the globe.
However, the platform is not featured anywhere in the best crypto exchange in the market. The company guarantee all traders be it newbies or experts that they have all their interests covered.
i-Coin.io provide no information concerning their founders. How can you choose to trust a team that is operating incognito? You need assurance, and knowing who is handling your money is a form of transparency. Avoid trusting blindly, look for solid reasons before you trust a company
The platform is an all-inclusive pyramid scheme. The company states in their site that they are the most efficient, secure, powerful and with the best cost-friendly opportunities.
The platform promise investors that they will be able to manage huge positions with a very minimal margin deposit. The investment company offers a leverage of up to 1:40 for all their supported cryptocurrency.
Nonetheless, it is always good to remember that cryptocurrency associate a lot of risks, and it is not an all shiny venture.
i-Coin.io has ridiculous assertions whereby they assure investors they will achieve constant returns regardless of the market conditions. The platform launching took place in late 2019.
What this company is telling us is that they do not restrict short positions, and whether the market rises or fall, it won’t affect your profits.
Investors can trade their laptops, mobiles or tablets in this platform. The company claims to integrate its mobile trading sites with the trading software. The features they are using is meant to ease the trading process of their investors.
Unfortunately, this platform is not legit, and all investors should avoid it all cost. The platform only claims to perform crypto trading, but they have not provided enough data to back up their allegations.
The only info they have put across is of how cryptocurrency has revolutionized the financial market since their inception. Worldwide investors are making the best out of it and earning tremendous returns.
The information available is very basic and be easily googled. What we are interested in knowing is how they manage risks.
We also want to see their financial reports. There is no way we can attest that what they are saying is true. Hence, only trade with credible, trustworthy platform in the market.
The investment company has four types of investment plan available for its investors. The least amount of funds that they accept is $250.
The first plan is basic; you can deposit up to $10,000. The Ponzi scheme promises leverage of up to 10 and a 50% return.
The least and maximum amount of funds that you can deposit in the silver plan is from $10,000-$25,000, respectively. You will get a leverage of 1 to 20, and a trading profit of 75%. In this plan, they allegedly offer a technical education to aid your trading process.
What i-Coin.io is offering to remain a theory, and there is not even a single person that has come out to claim they have gained from this platform.
Their gold plan has a leverage of 30, and a 100%daily trading bonus. Investors are promised access to the executive account, and they also receive fundamental and technical education. You can deposit funds from $25,000-$50,000.
The company creates the notion that the more funds you deposit, the higher the returns that you will yield. This is why their VIP plan asks investors to deposit $50,000 and above to attain leverage of 40, and 150% trading bonus.
What they are offering is ridiculous and unheard of. No investment company in the market is offering return close to this. To be honest, if any investment company realized an opportunity that yields such profit, there is no chance they will share it with anyone.
Some advantages come along with investing in a platform that is not regulated. However, it is not worth the risk. We encourage you to stick to regulated companies. The various government have put in place strict measures to protect their citizens against fraudsters.
Cryptocurrency is linked with scammers; this is because many people lack the relevant knowledge when it comes to investing in digital currencies.
Many people have a misconception that crypto venture is a get rich quick scheme while this is not the case, just like every other investment you need to have background knowledge and patience. You can’t get rich by the snap of the fingers.
Pyramid scheme collapse or the founder can wake up one day and claim they have been hacked. There is nothing you can do in a situation like this. Remember, i-Coin.io is a company that is operating illegally. No government authorize their investment operations.
When a platform has a license to carry out their investment activity, it brings assurance to its investors. In case a platform is compromised, you can get your funds back after a certain duration.
i-Coin.io is a platform that states on their site that they offer 24-hour support to their clients’. However, this platform has been accused of not responding to clients once you deposit funds.
The platform brags that they offer accurate and fast services to their customers’. The platform has listed a phone number +3726991469 and an email address; [email protected] that you can reach them through.
Nevertheless, there is no info concerning their office address. I-Coin.io only states that Fostira OU handles their payments. It is a firm that is reputable under Estonia laws. We do not know how true this information is.
Pyramid scheme will cut off communication once they lay hands on your hard-earned money. Avoid indulging with the i-Coin.io company; it has very shady features.
It remains a mystery of how the investment company operates. What makes matters even worst, this platform has numerous negative reviews from those who have previously invested funds in i-Coin.io.
The platform will ask investors to trade assets for them, and they will deliberately lose their money. They will claim to change your account to a better one to recover the lost funds.
Some investors have been scammed all the funds they had deposited. The company changed their domain name from livemarket.io to i-coin.io. The account manager of this company will keep calling and urge you to deposit more funds to earn more.
They use their professional con artists to pursue investors. Once they realize you have run out of money, they will intentionally lose your cash and then offer to recover it. The investment is nothing but a rip-off.
i-Coin.io is also accused of changing their terms. If you try withdrawing your bonus, they claim that you signed a bonus agreement that restricts you from doing so.
The bonus that they promise users cannot be cashed out. The team of this company will say anything to investors so long as they get to steal your cash.
i-Coin.io is a Ponzi scheme that claims to offer quality services to their clients’. The encourage traders to join them to achieve their investment targets.
Invest only with transparent cryptocurrency companies. Besides, the platform also assures investors that they use transparent and secure features. The company is operating anonymously, and there is no method of tracking them down if they exit the market.
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