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Maxpay Coin Review: Foolish Scam Operation

Maxpay Coin Review: Foolish Scam Operation

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We are a little bit skeptic about Maxpay Coin. So if you were planning to invest in what they are offering, you better bring your plans to a halt. Things are not looking as good since Maxpay Coin is offering 63% per month, which is unrealistic by all standards.

The website is focused on Cryptocurrency trading – according to what we are told on their website. There are several investment plans here. These investment plans are offering anywhere between 1% to 2.10% per day. Is this real?

That’s the question that many investors who have come across Maxpay Coin want to know. Therefore, we will answer it according to the best of our ability.

Maxpay Coin Review

We don’t need to risk our money in order to establish whether or not this is a untrustworthy site. All we need to do at the moment is consider the usual scam checks to see whether Maxpay Coin fits the bill.

Let’s start with the promised ROI, which is set at 63% per month on average. Not only is this unattainable, but it is also too good to be true. And even if we were too lucky to attain this return on investment in the first month, we would never attain it consistently. Besides, if Maxpay Coin was truly offering such a monthly return on investment, people would turn into millionaires very quickly. In fact, everyone would be rich by now.

maxpaycoin

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These numbers speak for themselves. They tell us that Maxpay Coin is definitely a scam. As you can see, only scams can display such crazy figures. They also ensure that they are giving referral commissions to top it off. You will never see this money anyway. You can take that to the bank.

Note: Maxpay Coin claims that they are in the process of acquiring a license from the Malta Financial Services Authority. This remains to be seen. It is also not clear why they have not acquired one given the age of the website domain in question.

Company background

Maxpay Coin is claiming to be a company that is registered in the UK. This requires due diligence to determine whether or not this company’s details are legit. We checked this information and discovered that the provided registration number belonged to another company that got dissolved long time ago.

Therefore, this is a fake company and a scam as well. They cannot give us fake company information and expect us to believe them.

Maxpay Coin website is also claiming that they have an office in the United States. This is funny. In any case, Maxpay Coin needs a license in order to operate such a business anywhere in the world. United States has some of the strictest regulations about trading and investing. There is no way Maxpay Coin can qualify for a license in the US.

So definitely the claim that Maxpay Coin has an office in the US is a lie. They are not licensed to operate in the US, and that definitely means they are not qualified to operate in the UK and anywhere else in the world.

Unconfirmed statistics

It’s one thing to make claims but it’s quite another to make claims that can be verified. Maxpay Coin tells us that they have been transacting up to $150,000 per month. Well, we’d like to read customer feedback on the internet to determine whether these statistics are reflecting what happens behind the curtains.

So far, we are not able to confirm those figures. They remain as claims on a section of the website.

Ownership details of Maxpay Coin

You can rest assured that ownership details are a top secret here. We’ve checked who.is only to find that the website domain is privately registered. One cannot see the name of the registrant. That’s a very common feature of an investment scam on the internet.

The date of registration is 2nd, March 2000. That isn’t a mistake. We got it right. These guys are claiming that they have been around for more than decade. Nevertheless, we are not convinced. There is a possibility that they purchased this domain to use it for another purpose.

The idea of digital coins is a recent thing. It never existed 10 years ago. If anything, Bitcoin was the first coin to be recognized as mainstream digital coin. The rest followed suit.

So definitely there is some sort of trickery that was used in the registration of this domain. Let’s consider other scam checks to see if those red flags will be in sync with what we are discovering now.

Maxpay Coin: a ponzi scheme

We are afraid to say that this is just another ponzi scheme. However, it has been designed in such a way that it is hard to detect whether it’s a ponzi scheme. However, that is the plain truth. You can take it to the bank.

Maxpay Coin is one of the smartest projects engineered towards fake digital coins investments. Besides, everything about this website looks too good to be true. For example, they claim that they are fully complaint with PCI DSS level 1 v3.2. This is gibberish as it means nothing. It’s totally irrelevant to what this website is purporting to offer.

What exactly do they offer?

It is basically operating like an asset management company where depositors must sign up with real money to allegedly make money.

As we have already mentioned, returns are extremely lucrative. If it was only true that are making the kind of returns that the website is touting, everyone would be a millionaire. The site would not have existed by now since everyone is yearning to get a piece of the pie. Their servers would have probably been jammed due to the heavy traffic which they would be receiving by now.

Thankfully, this website does not receive any significant traffic to bring down their servers. It means that people are simply not interested in what they are offering.

Our best advice for you

Stay away from anonymous Cryptocurrency investment websites. They are too risky for your investments. Perhaps you can trade Cryptocurrencies using these robots or opt to mine them instead.

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