Coinscapital.io Review: Definitely a Crypto Scam
Coinscapital.io is a trading platform that is a pyramid scheme. The company claims to be involved in all types of blockchain trade.
The platform assures its investors they only deal with the best teams in the market. Coinscapital.io says they operate under one investment policy.
The trading platform convinces its traders they help solve the problem of crypto assets custody via the alleged trusted partners.
The platform under the said crypto-asset promises investors extended-term returns, which expert investors know is not easily attainable.
Coinscapital.io will give you investment advice to lure you into dealing with them, and you might end up losing all your cash to them.
The platform under their STO/ICO advice promise investors, institutions, and families top-notch investment opportunities and best trade strategies in the market.
The promised returns are projected during and after the STO/ICO stages. As all scam platforms operate, they claim to have been generating the said returns for two years.
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In the past, it was easy to make a great fortune in the crypto space. However, the crypto world is vast growing, and profits are not easily attainable within short periods. Hence patience and skill are of the essence to attain benefits.
In this review, as you read further, you will decide whether you still want to involve in their claimed dealings and returns.
Coinscapital.io claims to help investors make a high return by utilizing their team of experts. Sadly, this platform model of operation is not transparent. It is mandatory for investors who are focused on profits to be aware of how legit platforms operate.
Coinscapital Review
The platform insists on having advanced by far beyond ICOs and bitcoin mining. Coinscapital, however, states they are a paradigm shift in the public and private sectors.
They emphasize the fact that they are not only technology-based but also in economic, cultural, and financial gains to their investors. The platform moreover maintains the fact that all its investors will earn their stated returns.
Due to the enormous growth in the market, the mining sector is not as profitable as this pyramid scheme puts it: mining associate hefty capital, and risks. Coinscapital, despite the market challenges, still ascertains investors that they will receive huge returns.
Moreover, the Coinscapital company does not disclose how they plan to cover for the expenses that come along with mining. How do they pay for electricity fees, or what percentage of clients' deposit covers for the charges?
There are numerous loopholes on how this company works. Trusting this company with your funds is an unwise decision.
You should research before falling for such money laundering schemes. The platform above all has a section with made-up figures.
The online investment venture has so many scammers that take advantage of innocent investors. However, there are credible investment companies in the market that you can invest in.
Coinscapital claims to have a total of 10 trade teams, of 600 blockchain connections and resources contact points.
The alleged venture claims they have been in the market for years as a way to gain your trust. The platform allegedly has raised 67 million in for funding their projects.
The figures provided do not add up, and no evidence is offered to back up the allegations. The period of two years certainly is not reasonable to generate this kind of numbers.
Despite regulations set by the government to curb scam platform growth, you need to be aware of their existence and avoid them.
Coinscapital.io Regulation and Customer support
Coinscapital alleged location is in HongKong. As it is vital in most countries for legal platforms involved in generating funds from the public, they must be regulated.
The regulated platform put up incorporation certificates, and regulation forms in their site, and ends up winning investors' trust.
However, this is not the case with coin capital as they do not provide their regulation details, raising questions, and concern to the crypto community. Failure to provide details of legitimacy to clients is a red flag for investors to keep off.
Investors can contact the platform regarding fundraising, capital introduction advice, and crypto-asset investment advice. In case you have a complaint or require feedback, they urge you to email them at; hello@coinscapital.io.
The address and location are Room 10A, 235 Wing Lok Street Trading Center, 235 Wing Lok Street Sheung Wan Hong Kong.
Usually, pyramid schemes put up a fake address to appear transparent to the public. The company does not have a telephone number to reach them once you encounter any challenge with the platform.
The platform showcases a section with stock images of founders. The trait of using such models is utilized by scam platforms to hide their false ideas. Investors with knowledge of crypto assets will realize and avoid such platforms.
The founders of this Ponzi scheme are operating behind the shadows, and there is no enough info to track them down when they exit the market.
Coinscapital Returns
The company only promises users huge returns but does not show the plans that they offer to their clients. The platform has left a lot of unresolved questions to the members of the public.
The company has not disclosed the least amount of money that you can deposit. Moreover, the duration that the company takes to handle the withdraw process also remains a mystery.
The safety of your funds should be your top priority. Unfortunately, this company seems not to care about the interests of their customers.
There is no info regarding the bank the company deposits the money in or the security measures they have taken to protect funds. A company that does not put its customers first is one that you should keep off at all costs.
Final Verdict
The platform is in no doubt a Ponzi scheme you need to be on the lookout for and avoid. Only Ponzi schemes will provide false information concerning their founders. Failure to provide certification and regulative documents to investors is a major red flag.
Coinscapital.io may go against the law whenever they choose to as they do not follow the set regulative policies.
Despite the market being plagued with scammers, there are legit companies that you can invest your money in. Pyramid schemes use unattainable figures as promised returns to lure investors in the platform.