Coin Trading Review: CoinTradingLtd.Biz is Scamming People with its Ponzi Scheme

Coin Trading is a new company that is claiming to be a modern crypto trading platform. The website of this platform, CoinTradingLtd.Biz, claims that the company is registered with major regulatory authorities in the UK. However, there are many different aspects of the company that make it a highly suspicious platform. 

The purpose of this article is to thoroughly review Coin Trading and determine whether it is a good investment opportunity. Keep reading to learn all about this company.

What is Coin Trading?

Coin Trading is claiming to be a UK-registered platform that provides crypto trading services all over the world. However, there is no evidence that the company is actually registered with any leading authority.

CoinTradingLtd.Biz only provides a simple UK incorporation number. Further research shows that the company was incorporated in July 2020. However, it does not prove the legitimacy of Coin Trading. In fact, such tactics of providing UK incorporation numbers are often used by Ponzi scheme to seem like genuine platforms.

Other than crypto trading, Coin Trading is also claiming to provide a variety of legal investment opportunities and management services. However, the website does not provide any further details about these activities. Similarly, it is not clear who is running Coin Trading. Its website does not provide any information about the owner of the company or the team running it.

Features of Coin Trading

CoinTradingLtd.Biz mentions a number of features to convince users to invest in the company. Some of these features are:

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Security

Coin Trading is claiming to have the strongest DDoS protection in the crypto industry. Moreover, it claims to have 100% uptime and an efficient system that can easily transfer and analyze the website information. Yet, there is no proof that the company has any kind of strong security system.

In fact, all of the available evidence about this company points to the fact that CoinTradingLtd.Biz is operating as a simple scheme that is taking people's investment and distributing some of it among the affiliates. 

Accessibility

Coin Trading is presenting itself as one of the most accessible crypto platforms in the world. The company is accepting payments in various different currencies to make sure people from all over the world are able to participate in the income structure of the platform. While this kind of accessibility would be highly useful in any traditional company, it is not necessarily a reliable feature of CoinTradingLtd.Biz,

The company is claiming that it is accessible to people because it is registered with the international regulatory authorities. Further research indicates that any major authority does not have any information about Coin Trading.. In fact, the UK incorporation number provided by CoinTradingLtd.Biz is not useful in proving the legitimacy of the company.

Affiliate Program

Coin Trading is heavily promoting its affiliate program so that more and more users will recruit new members. The company is claiming that it has a modern affiliate program through which you can earn a good amount of money.

However, the income structure of Coin Trading is clearly favoring the team behind this platform. There are very few earning opportunities for affiliates. If you join CoinTradingLtd.Biz, you will have to continuously work to hire more members and generate referral commissions. 

Safe Investment

Coin Trading is inciting users to invest in the company to participate in the crypto industry and earn profits via trading. Yet, its entire business model revolves around the investment of the affiliates and referral commissions. This shows that the company's claims of being a suitable platform for safe investment are not true. It is not a genuine crypto trading platform. Instead, it is a Ponzi scheme. 

Duration of Services

In the FAQs section of CoinTradingLtd.Biz, the company is claiming that it wants to offer online investment services for as long as possible. There is no doubt about the fact that most crypto companies are established with the objective of providing reliable services for a long period of time.

However, in the case of Coin Trading, it should be noted that the company does not seem to have any external source of revenue. This shows that the company is totally relying on the investment from the affiliates to survive. As a result, Coin Trading wants to attract as much money as possible before its eventual collapse. 

CoinTradingLtd.Biz does not have any significant margin to expand and grow in the future. You should avoid investing in this platform because you will end up losing your investment. 

Instead, you should use the authentic crypto trading bots that provide efficient and reliable crypto trading services so that you can earn a significant amount of profits via crypto trading. 

Registration Process of Coin Trading

The goal of Coin Trading is to attract as many users as it can before its imminent collapse. This goal is fulfilled by the fact the company is allowing people to invest with a variety of crypto coins. Yet, CoinTradingLtd.Biz does not provide any specific information about the withdrawal process.

There is no limit on the maximum amount of crypto coins that you can invest in Coin Trading. In fact, the company encourages users to invest as much money as they can to earn daily ROIs.

Users have the option of investing with Bitcoin, Ethereum, Litecoin, Dogecoin, and other crypto coins. This shows that Coin Trading has not limited itself to any one particular crypto sector. Instead, it is targeting a wide audience to get more investment.

Income Structure of Coin Trading

Even though the name of the company is Coin Trading, its income structure shows that there is no major impact of actual crypto trading. Instead, the company is telling users to invest as much money as they can to earn daily profits. CoinTradingLtd.Biz promises 3.6% daily ROIs to the users.

Referral commissions are an important part of this platform. Coin Trading is distributing referral commissions on the basis of the following three levels:

• Members of level 1 can earn 5% referral commissions.
• Members of level 2 can earn 2% referral commissions.
• Affiliates of level 3 can earn 1% referral commissions.

On the other hand, users investing a large amount of money are eligible for the following referral commissions:

• 10% referral commissions on level 1.
• 4% referral commissions on level 2.
• 2% referral commissions on level 3.

Final Verdict About Coin Trading

Coin Trading is promoting itself as a platform that generates external revenue via crypto trading. However, CoinTradingLtd.Biz does not provide any evidence of such type of trading. In fact, the business model of the company shows that the company is heavily relying on getting investment from the users.

It is highly possible that the company does not have any external source of revenue. This kind of business model is not sustainable for any crypto platform. The company is likely to collapse due to a lack of recruitment.

It should also be noted Coin Trading is a new platform. You should not trust its claims of providing massive daily ROIs. Like any other Ponzi scheme, the recruitment will eventually stop, due to which CoinTradingLtd.biz will have to shut down.

Therefore, you should not invest any kind of money in Coin Trading. Instead, you should consider using genuine and trustworthy crypto trading bots. These bots have been operating in the crypto industry for a number of years now. Thus, both beginners and experienced crypto traders can trust these trading bots to earn a significant amount of profits in the crypto industry.