PlatinCoin is a crypto company that promises a steady flow of passive income through its crypto mining services. Its domain, PlatinCoin.com, entices the users to invest in this company by promising a 30% annual return over the period of 10 years. Since the company is making such tall claims, it is only fair that we review in detail to determine its authenticity and legitimacy.
PlatinCoin promotes itself as some kind of golden opportunity for the users to earn passive income through state-of-the-art blockchain technology. It promises you an annual return of up 30% over ten years. Moreover, it describes the smartphones as the perfect technology to connect with crypto technology and earn passive income. PlatinCoin.com is claiming that you can use its coins for both small and large-scale trading and payment purposes.
The company does not give any information about its owner. PlatinCoin.com was registered in 2016. Moreover, the company registration indicates that the domain is registered to PLC Group AG, Switzerland. However, the address belongs to Regus that shows an address of a shell company is provided.
The marketing videos of PlatinCoin features Alex Reinhardt as the CEO of the company. However, these videos were removed from the website, indicating that the crypto platform is trying its best to hide the identity of the founder. Reinhardt is an affiliate of SwissCoin and has been promoting it in numerous places. He lives in Germany. SwissCoin was a Ponzi crypto company that is facing legal issues in Switzerland.
It shows that Alex Reinhardt quit SwissCoin and established his crypto company. The business model of PlatinCoin is extremely familiar to the SwissCoin, establishing the fact that it is another Ponzi crypto scheme.
👉 ***Want to earn money with Bitcoin and other Cryptocurrencies without the pain and hassle of learning to trade from scratch? Imagine if you could trade and get regular results with profitable performance! Are you tired of the forex and crypto scams, false promises and games out there designed to separate you from your hard-earned funds? If any of that rings true with you, then STOP EVERYTHING. ProfitFarmers is for you! With their software working as your Crypto Co-Pilot, YOU remain as the Pilot with total control over your money, 100% of the time. ProfitFarmers is a trading tool that combines artificial intelligence with the expertise of veteran traders to deliver high-probability trade plans right into your hands. There’s no need to spend hours trying to figure out what to trade! Thanks to their integration with Binance, the biggest cryptocurrency exchange worldwide, ProfitFarmers executes your trades from entry to exit, you just choose the trade signals you like, pick your entry price and then let your Co-pilot take over the rest of the journey. Stay informed about every step of your money-making journey through push-notifications on their mobile app. Now there’s no need to constantly worry about your ongoing trades, just let your Co-Pilot handle it for you! This could easily be the holy grail of trading tools. Forget paying a guru to trade for you and take a massive cut of what you earn. With ProfitFarmers there are absolutely NO COMMISSIONS OR FEES ON YOUR TRADES. 100% of what you earn is 100% yours to keep. Period. Last quarter, ProfitFarmers produced 1,357 trade plans, and more than 60% of them offered peak gains of over +8%. By joining ProfitFarmers, you’ll never be short on money-making opportunities. Still wondering if this is too good to be true? ProfitFarmers has a 100% Money-Back Guarantee if they don’t deliver profitable opportunities onto their platform. If you are ready to upgrade your trading game and instantly expose yourself to profitable trade opportunities, now is the time. Head to ProfitFarmers now to start trading the easier way, with your very own Crypto Co-Pilot.PS: ProfitFarmers is a Trading Tool. Your money ALWAYS remains in your Binance wallet, never on ProfitFarmers. 100% Verified and Recommended by Valforex.com.
The company does not offer any retail products or services. The only way to earn any kind of compensation from PlatinCoin is through its affiliate membership. It is like any other affiliate membership company. However, PlatinCoin.com is trying to present the membership structure as a sophisticated scheme that will attract the users.
The site is claiming that once you have bought the affiliate membership of the company, you will get access to PLC Network, PLC Market, and crypto training content. The platform describes PLC Network as a crypto social network. Whereas, PLC Market is an online store. However, none of these platforms have their websites, indicating they are not even functional yet.
PlatinCoin mentions a very ambiguous way to join the platform. You can invest any amount between €5 and €10,000 to become an affiliate. However, the differences between the amounts of investment are not clear. It Is likely that the more money you invest, the more access you will get.
PlatinCoin describes itself as a 100% transparent and secure platform that is capable of solving the issues of online payments. Most of the marketing is around crypto mining. However, it claims to offer crypto trading services as well.
The company claims to be capable of managing the crypto transactions at the optimum speed without any proof. It claims to have modern blockchain technology that allows it to conduct rapid and efficient transactions. Only a few companies are actually able to handle an immense load of crypto transactions. There is no proof that this platform can actually manage the crypto coins and quickly transfer them.
Integration seems like one of the most attractive features of the PlatinCoin.com. It is claiming to have strong partnerships with leading crypto companies like Bitcoin and Ethereum. However, there is no proof of such associations. It is possible that the company is lying about its partnerships.
PlatinCoin.com is encouraging the users to spend their actual financial assets in the company to get the crypto coins in return. The company claims that the more money you spend, the more coins you will get and more crypto mining and earning opportunities. Moreover, it is asking the affiliates to promote the platform to increase the price of the crypto coins.
PlatinCoin is marketing itself as a mass-market company that allows the members to mine crypto coins and earn profits by relying on its blockchain technology. It encourages users of any age and locality to participate in the company and earn profits.
The site is also promising you a quick, reliable, and efficient way of transferring the crypto coins. It is quite evident that the marketing of this company is all over the place. Instead of targeting one particular aspect, it is claiming to be the solution to every crypto problems. Hence, you should not trust this company because it is trying to entice you to invest in the company without providing any solid earning opportunities. If you want to earn profits in the crypto industry from a genuine and trustworthy platform, you should use the crypto trading bots that offer flexible account plans to earn profits via crypto trading.
PlatinCoin.com gives four basic steps to mine the crypto coins with this platform and earn profits.
The most prominent feature of the company that proves its scam nature is the founder of the company. It tries its best to hide the name of the owner. However, Alex Reinhardt is running the company. He was associated with SwissCoin, another crypto scam.
Moreover, the marketing of the company is extremely confusing and suspicious. It is clearly selling the non-tradable crypto coins. Yet, PlatinCoin.com mentions at one page that the platform is selling crypto training content and other crypto technology solutions. At the same time, other pages of the website encourage users to buy the affiliate membership to get the crypto coins.
The coins that you will get from this company does not have any real value in the crypto market. Therefore, you will end up losing your money. In fact, the entire business model seems to be revolving around the affiliate membership. It means the company is surviving on the income from affiliates. It can collapse anytime due to a lack of recruitment.
Hence, PlatinCoin is a fraudulent company. It is not what it claims to be. You cannot expect any significant profits from this company. Moreover, the suspicious origins of the company are some of the many indications that you should not invest in this platform. Instead, you should use the trustworthy crypto trading bots. Such bots are suitable for both beginners and experienced crypto traders. Moreover, they are user-friendly and offer maximum customer support that helps the traders in earning maximum profits.
Help Us Fight Scams. Please Donate to Support Our Work. No Amount is too Little or too Big. Thank You..
February 8, 2019 By Ghazanfar
The phrase ‘Necessity is the mother of invention’ seems true for Iran. This is because Iran has unveiled its own...
February 8, 2019 By Ghazanfar
In spite of long bear market, Bitcoin transactions per day are increasing. Today the level of these transactions has touched...
February 4, 2019 By Ghazanfar
Although bear market in crypto world is extending, yet many fiat currencies are facing the threat of destabilization. This is...
February 4, 2019 By Ghazanfar
In spite of mix signals from the cryptocurrency world about the future of cryptocurrencies, many countries are planning to test...
February 3, 2019 By Ghazanfar
The idea of Bitcoin adoption as an international currency is not at all new. Over the years, many financial experts...
February 2, 2019 By Ghazanfar
Bitcoin’s entry into the longest ever bear market in history is one of the most burning issues of today. The...
Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.