CoinsMain Review: coinsmain.space claims it is into forex trading but in reality it is just a HYIP. Our review of Coins Main Space 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 Coinsmain.space
Coinsmain is an investment platform that claims that lots of people have made a fortune from their various investment plans. According to the information on this platform , they have been operating since 2015.
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.
CoinsMain Space Plans and Withdrawal
This Prime Forex offers fours investment plans:
- 135% after 1 day- $10 minimum deposit
- 145% after 1 day- $50 minimum deposit
- 195% after 1 day- $100 minimum deposit
They accept the following method of payment- Payeer, Perfect Money, AdvCash, Bitcoin e.t.c
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How Does Coinsmain.space 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 Coinsmain. About Us page, however their response is not tangible enough.
” coinsmain.space – Force Of Experience is an investment fund which has been in business since 2015 and achieved excellent results. The experience and skills of our traders and financial experts is the key to the success of the investment fund. Throughout our careers, each of us has practiced investment management at the highest levels and built a solid reputation for fantastic skills and substantial experience”.
This sounds promising, beautiful even, but is CoinsMain really into all these? 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?
The Truth About Coinsmain.space
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.
First of all, they claim they have being in existence since 2015, but when we checked their domain details on Whois, we discovered they were registered on the 6th of March 2020. They don’t have any history, neither do they have experienced’ traders.
coinsmain.space 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 CoinsMain 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 online store 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.
No Social Media Presence
Though this investment platform claims it has been in existence since 2015, they don’t provide links to their social media pages. There is absolutely nothing to make us believe they have such a history.
Even when we checked Facebook, we found absolutely nothing about this investment platform. Likewise on google. If they are really what they claim to be, a lot of investors would have been writing stuffs about them online.
Coinsmain.space Scam Review: Our Findings
Notwithstanding how legit this platform looks, they are not to be trusted. This is because they have a very short span, they are not licensed, and no one can tell what their next move would be.