Conomining.com Review: 6 Reasons to avoid Cono Mining
Our Conomining.com review explores why Cono Mining is a scam. The cloud mining service provider fails to cover or guarantee payouts. And this has led to dozens of members losing funds on the platform.
As a result, complaints were raised about why this platform is even allowed to operate. But unfortunately, the platform has done nothing but take deposits away from members. Here’s what we have learned in our explicit CONO MINING REVIEW.
About Conomining.com (Avoid investing with Cono Mining)
The homepage claims Conomining.com is the leading cryptocurrency mining farm. That’s far from the truth, as the platform fails to offer much in terms of reality. We have a platform unable to provide the fact regarding sustainability.
Their runway is way too short, and no one gets to profit from it. We have a platform that takes your deposits and blocks you from withdrawing. That’s why every investor rues the decision to invest with the platform.
ADVISORY: If you are in the market for reliable crypto investment decisions, there are plenty to choose from. Go for industry-backed crypto solutions that offer much in terms of reality. These solutions provide crypto investors a chance to win big with real crypto options.
Conomining.com is only taking members for a ride. There are dozens of reasons why this platform is a scam. For newbies, it all looks enticing, especially with the promised profit margins. Little do these investors know the platform sets traps for them.
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Advanced trading platform and member dashboard?
No, the platform doesn’t offer members an advanced platform. The member dashboard is abysmal at best. Navigating through the pages is also another issue. Once you click on any page, the website redirects you to the homepage.
No professional would allow such problems to show. And that’s one of the many reasons that expose the weakness of this trading platform. Look at the plan’s page, and you don’t get any information on available plans.
The member dashboard is another cause for concern for members who sign up. You get a member dashboard that seems to hide specific details. For example, the payout section says one thing, and the balance says another.
There are some inconsistencies with this platform. The platform also throws some world dominance claims along the way. That’s to create an illusion of a fast-growing crypto trading platform.
Accounts Conomining.com
Cono Mining fails to give details on the number of accounts available on the platform. However, we believe the platform offers several accounts. These include accounts for beginners, skilled, and expected cloud mining investors.
Nonetheless, you don’t get your money’s worth at the end of each vesting period. Claims of getting payouts 24 hours after initial investment are all crap. No member has yet to receive any payout from the platform.
Such practices make the crypto industry look like a den of thieves. We must expose such scams and enlighten investors on how to expose them. So before you sign up with any account, ask yourself a few questions.
How does the platform intend to mine crypto without revealing its mining farm? If it’s a cloud mining platform, it has to have a mining farm to source the payouts. We also must know the average payouts for all contracts.
Account features
From the details, we don’t see on the plan’s page, that immediately makes the platform a red flag. Before investing in any platform, you must know what you’re getting into. The platform fails to offer much in terms of set plans for vesting.
We also have issues with the short-term guaranteeing results within 24 hours. These are terms that don’t offer users much in terms of creativity. You must stay away from the platform or risk losing it all.
Affiliate and commissions
The platform offers an affiliate program that promises high commissions to members. Before joining, you must know this is another trap to lure more investors. Members get used to attracting family and friends into the pot.
No members have enjoyed any commissions from affiliating with the platform. And that leads to investors having difficulty knowing which investment to go after. So it would be best if you avoided such partnerships in the future.
Affiliates only work when a legit platform doesn’t overemphasize the commissions. The platform is only looking to take advantage of your connections. We have seen it before, and it doesn’t end well for all parties.
Bonuses and large payout claims
On top of offering zero plans, the platform promises huge bonuses to members. There’s a claim of offering a large bonus for members who invest for three consecutive months. The platform promises $50,000 in grand bonuses.
Of course, naïve members will go for the long-term investment hoping to get a piece of the bonus. And the platform knows this all too well. That’s why you must avoid such entities or risk losing them all.
Broker Rating Conomining.com
As we have said before, such cloud mining contract providers need to get exposed by all parties. Most of the independent reviewers give it a 2/10 rating. We must be honest and lowly rank the service provider.
Our rating for the platform is a 1/10 because no one gets to earn a payout. That means the platform is a deposit-only type of trading platform. Therefore, you must avoid such platforms in the future. In addition, these platforms are not ideal for members.
Contracts on offer
There are better contract providers when it comes to crypto mining payouts. These are payouts that guarantee members sustainable profit margins. It’s better to get real profit margins than you won’t receive bloated and high payouts.
Despite not showing signs of having contract details, members still sign up. It’s their aggressive marketing that lures investors to sign up. After signing up and leaving your contact details, call agents take over the promotion.
You start getting bombarded with calls from these agents promising heaven. These agents will usually claim to have invested with the contracts themselves. Once you fall for the scam, the calls stop coming in.
Conomining.com License and Registration Status
Conomining.com is not a legal business entity and doesn’t hold any license from regulators. Therefore, the platform is a big con and should not exist. Such stores ought to furnish members with genuine license details from reputable regulators.
Without a legal framework to follow, the platform is free to introduce harsh conditions. That includes failure to give members necessary information about vesting terms. As an investor, you must have such data going in.
Deposit and withdrawal issues
Depositing funds with the platform is easy; hundreds of depository options exist. Withdrawing funds from the platform is the biggest issue we have yet. The platform fails to offer much in terms of creativity.
Withdrawing funds from the platform remains the biggest issue facing members. Unfortunately, no member has had the chance to withdraw their payouts. And that’s what makes Cono Mining a huge scam. Beware of such cloud mining contract providers.
Fund safety with Conomining.com
Your funds are not safe with an anonymous and unregulated cloud mining platform. Please stay away from such in the future.
Our Summary of Conomining.com
After all, is said and done, Cono Mining is a scam.
PS: Get to invest in genuine crypto investment options today.
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