Cash Minining Online Review: can you earn 10% daily for 30 days or is this another Scam? Our review of Cash Mining serves as an eyeopener. We hope it meets you well, and on time.
With online scams springing up every day, we have taken the responsibility of reviewing products, stores, websites e.t.c in order to save you from making wrong decisions.
What is Cashmining.online
Coinsmain is an investment platform that has a lot of forums monitoring it services. They claim they can make you 10% daily profits for 30 days, using Payoneer as the only method of payment.
They further claim that they use serious DDOS protection and a powerful server to provide their services.
How true is this? Can you earn money from this investment platform?
We would be answering that question soon enough.
How Does Cashmining.online Work- What Do They Use Your Funds For?
This should be the first question you should ask before thinking of registering in any investment platform. What are they using my funds for? How are they able to get the profits they’re promising?
We found the answer to this question on CashMining Home page, however their response is not tangible enough.
” getting unlimited income by acquiring the rate of accrual. All that is required of you is to take part in our project, increase the accrual rate and get a stable profit! Thoroughly thought-out marketing allows you to “accumulate” a significant deposit in small installments “.
This sounds promising, beautiful even, but is CashMining really into coin mining? The returns they offer is unbelievable, impossible even. We know the stock, commodities, foreign, crypto and gold trading exchanges involve a high level of risks and loses.
How do they intend to pull this ‘acclaimed success’? do they have a magical wand?
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The Truth About CashMining.online
Though their platform looks like the real deal. We are sorry to disappoint you. There is more to what your eyes see. Infact, they are just feeding you well scripted lies.
cashmining is simply a HYIP- High yield investment platform. In case you don’t know what HYIP’s are, they are simply ponzi schemes fashioned to look like investment platforms. They offer unsustainable returns which no right thinking investment platform would do.
Initial investors only get paid when new people sign up and invest. In order to keep platforms like this running, the high returns are used as a bait to pull you in.
Those that benefit most times are the first investors. This is because as soon as the amount of new investor drops, the owners do away with the money invested. HYIP’s are unsustanable, infact no right thinking person would advise you invest in a high yield investment platform. This is because the chances of you losing is 20 over 80.
Why CashMining Is Not Worth Your Money
If you’re still considering doubling your money with this platform, below are reasons why you should not do so.
After a thorough background search on who the owner/owners of this platform is, we came up with absolutely nothing. This alone is an indication that the people behind this platform don’t have genuine intentions. If they do, they wouldn’t be hiding their details from whois.
Because this platform is a HYIP, you can’t predict what their next move would be. They might decide to shut down their platform today, leaving your money trapped. That being said, your money is always at risk with HYIP’s like this.
There are No Watch Dogs Watching Over This Platform
Though some of these platforms might provide a registration certificate and so-called evidence of payments, don’t be deceived, anybody could get a sham address and certificate most especially from the Company House in UK which most of them use, for just £5. In the real sense, they are not regulated. No Financial Body approves their services.
There are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We’ve taken out time to research on legitimate platforms for you.
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