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Zumminer Review: Is zumminer.com Scam?

Zumminer Review: Is zumminer.com Scam?

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Zumminer is a website that advertises itself as a secure multi Crypto currency trading and mining wallet. By the way, if you are going to invest in Crypto currencies, you will need to have a Crypto currency wallet. There are many solutions which promise to help you keep your Crypto currencies safe. There are both online and off line solutions. While some wallets can hold a few Crypto currencies, there are solutions in the market that present wallets that can hold a number of Crypto currencies. They are known as multi currency wallets. Therefore, choosing the right wallet is essential when you want to become a Crypto trader. Besides, you need to ensure that the solution you are choosing is safe and secure.

The second way through which investors earn through Crypto currencies investing is through mining.There are a number of people who are making money through mining them in the cloud. You need to find a reliable Crypto currency cloud mining site in order to make money. There are many scams left right and center. That means picking the right solution is the only thing that will help you make money.

Zumminer claims to provide cloud mining services in addition to a multi currency wallet to help traders keep their coins safe. This combination is supposed to give traders and investors the best of both worlds. But the question is whether this website is genuine and not a scam. In this review, we shall be answering that question in a comprehensive way and help you make an informed decision on whether or not to use the service.

Zumminer review

The site is boasting of providing a suite of tools that help investors trade and mine a wide range of Crypto currencies. They claim that their platform is extremely secure and that users can deposit and exchange Crypto currencies through their internal exchange. One of the things we have seen with this platform is that the management team is not afraid of revealing their faces to the world. They have decided to introduce their team and their qualifications to handle this project. In this industry where scams are the order of the day, transparency is very important because it instills confidence in investors. Without transparency, investors are likely to assume that this is yet another scam.

zumminer

We have also checked out their background and discovered that the site was created in August 2017. However, on their official website, they are claiming that Zumminer was created in 2016. It is not possible that this site existed in 2016 when it is clear that the domain was registered in 2017. This is quite discouraging because at first, the site gave an impression of being transparent by introducing their team members.

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Features and functionality of zumminer

Zumminer operates as a Crypto exchange which allows users to store and exchange their coins instantly. In addition to this, the company is providing users with the ability to store their money in USD. This is a very important feature especially for investors who are conscious of the risks of holding Crypto currencies in their form rather than holding in fiat currency.

In addition to this, they boast of 24/7 support which is also another important feature. For clients to trust a service like this, they must be able to speak directly with the support team and have a feeling that this team is providing the right solution for their needs. They also claim to operate modern mining equipment where investment returns can be up to 0.33%. This is a realistic figure by the way. They are not telling us that we will be rich overnight by making use of their mining facilities. If you come across a site that claims you will make 1% a day or more, you should ignore that site because it is most likely run by a scammer.

There are 3 tariffs under which mining is offered. The beginner plan offers fixed returns of 0.25%. This contract runs for 92 days and provides a return of 23% at the end of the investing period. The second account is known as Medial and it offers a return of 0.3% a day. It runs for 183 days and claims to offer total returns of 54% at the end of the duration. The last plan is called Mine and it promises 0.33% a day and offers a return of 90% at the end of the investing period.

Is this a legit cloud mining operation?

Nothing is for sure. Therefore, before you sign up, you will need to understand that this is like gambling and you cannot expect the best to happen if you have not received your profits yet. Again, we need to look at customer feedback in order to get a clear understanding of whether or not this site will produce any returns for you. We have already done some research on the forums where Zumminer is being discussed. What we noticed is that some enthusiastic investors are discussing Zumminer and considering joining the platform. However, there is not a single customer who has reported to have earned any money from this site.

The best course of action is to take precautions when investing with Crypto currency cloud mining sites. But if you are not fully confident or are not willing to take the risk, the best thing to do is to invest in reliable Crypto currency cloud mining sites that have been around for a while. There are a quite a few with social proof. These sites have been proven to generate returns for their investors although returns from Crypto currency cloud mining have been diminishing.

We will point you in the right direction at the end of this article.

Our best advice for you

Having observed Zumminer and considered its reputation, we realize that in as much as the site is providing an innovative service, there are specific elements which are making it difficult for us to trust them fully. We need to monitor them for some time and if good reports emerge, we will update the review. For now, mine Cryptos here. 

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