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Stark Coins Review: A Fake, Scam BTC Mining Company

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Stark Coins Review: A Fake, Scam BTC Mining Company

Stark Coins Review Update 2023: Here’s what you need to know about this scam; no member got to withdraw even a penny, stay away from such platforms!

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About Stark Coins

This one might catch the attention of newbies because it looks sophisticated on the outside but deep inside it is a scam. We are talking of starkcoins.com which is a supposed investment platform whose activities are overseen by Stark Coins Ltd. Stark Coins purports to offers high and lucrative returns with their 3 investment plans. Returns are supposed to accrue on an hourly basis. They also claim that they have experts who are skilled and experienced in the sense that they will guarantee high returns with minimal risks.

Returns range from 1.2% to 15% per per. You will agree with us that those returns are too good to be true and thus can neither be achieved nor sustained. Based on this observation alone, we can deduce that Stark Coins is a scam and a rip off.

If you want to know more about Stark Coins and what it plans to do to your finances, keep reading this review. However, if you want to get started right away with some of the best investment platform for Bitcoin, consider these companies.

Stark Coins Review

First of all, the story behind this company is an ambiguous one that does not make users have any confidence in the operations of the website. Their alleged team members are said to have met with each other on platforms where Cryptocurrencies and bought and sold at. The anonymous Cryptocurrency operators started a company and named it Stark Coins Ltd. They allegedly erected data centers in many undisclosed regions of the world. So mining farms were built up and employees were hired, mainly programmers and engineers.

stark coins

So today Stark Coins Ltd is basically claiming that they will mine Bitcoin for you and render lucrative hourly returns. You can rest assured that mining of Bitcoins is not the way to get rich overnight. The reason people mine Bitcoins is because they want to build a residual income. They can tell you that due to the current price of Bitcoin, it is not possible to make 1.2% per hour. Even last year when the price of Bitcoin had reached $20K, people could still not make 1.2% hourly returns.

Stark Coins Ltd seems to be hyping these numbers just to lure in newbies. There is no truth in these numbers. We have proved here several times that these numbers are not possible to achieve. And even if Stark Coins could make 15% per hour, we are sure that the owner would simply opt not to involve you in this. They would make a lot of money and own every Bitcoin in the world. They would be too rich to beg you for a $5 minimum investment.

Think about it. Only scams seem to beg tiny amounts of deposits while claiming that they will turn it into a million dollars overnight. You have to be aware of these scam operations. Stark Coins Ltd is just a good example of a scam Bitcoin operation.

Fake testimonials

A cheap Bitcoin mining script like Stark Coins must use fake testimonials to convince those who don’t believe them. Those fabricated testimonials suggest that Stark Coins is a ponzi scheme where revenue is generated from new member deposits. The people who appear on that section of the site are stock photos and the texts were definitely edited by the site admin. It is no secret, and we have no doubt about it.

Elsewhere, Stark Coins has a poor reputation of scamming investors. How is it that the testimonials we find in this website are not agreeing with what we see on forums?

A fake physical location

Most people will think that the provided physical address on the footer of Stark Coins is legitimate. Unfortunately, Stark Coins does not have any physical presence in that area. A brief search into that area using Google maps suggests that this is probably a rented address that has nothing to do with the actual location of Stark Coins Ltd.

They have also provided a support email address and a hidden telephone number. They claim that for you to gain access to this number, you must be a ”VIP Member”. The question is, why exactly is it difficult for this website to provide a phone number to everyone? We are sure that there is no phone number, and regardless of whether or not you end up purchasing any of the 3 plans, you still won’t be able to speak to these anonymous crooks on phone. The aim is to maintain a secret profile because they feel safe to scam when nobody knows who they are. A phone number would quickly lead to their identification which they do not want. Keep in mind that the domain owner purchased privacy on who.is, which usually goes for $10 per year. This service hides the name of he domain registrant. Scammers usually utilize this feature to avoid being detected.

Falsified user statistics

A newbie is likely to believe these stats even without third party verification. They claim to have over 1800 active user accounts. Some random figures have also been given to suggest the amount that members have deposited and withdrawn.

Please note that Stark Coins does not provide a way to verify this information. So we cannot believe the alleged payouts. Also, since returns are too high and unsustainable, we can’t believe that this website is actually paying out.

A legally registered company does not mean anything

Newbies might be fooled to believe that their monies will be safe in the hands of this anonymous operation whose presentation is only misleading.

A legally incorporated company does not mean that the FCA has given them the authority to collect funds in the name of investing them. If Stark Coins is registered in the UK, they must seek a license in order to legally invest funds sent to them by the general public. The reason there is no license is because it is a scam.

Our best advice for you

Genuine Cryptocurrency mining can only happen here. Stark Coins has proved that their ROI is only generated through user deposit and no mining of Bitcoin is happening.

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