Indigocoin.cloud Review: A Terrible Fraudulent Company
Indigocoin.cloud is an alleged cloud mining provider. Ponzi schemes use stock images on their platform, so does Indigocoin.cloud. You should not believe a word they promise.
The stock images used are of random people with imaginary work tittles. Once they swindle your funds tracking the real goons behind this platform will be almost an impossible task.
Indigocoin.cloud urges investors they meet the rising demand for cryptocurrencies. Ponzi schemes brag having the best team of specialists.
Indigocoin.cloud promises investors investment in numerous mining farms. The platform, however, does not provide investors with evidence how they plan to generate these returns.
Indigocoin.cloud claims the platform is for both experienced and amateur clients. The crypto world is vast growing, and also pyramid schemes are emerging daily. Lack of education and general knowledge of the industry leads to severe loss.
However, for you to start earning high yields in the trading world, education and skills are critical. Indigocoin.cloud claims new investors in the trading world can easily acquire from crypto mining.
The platform claims with minimal investment, and without even assistance from technical features, you can earn substantial profit returns.
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Indigocoin claims you can mine on your favorite cryptocurrency. The company allegedly allows you to determine when you want to purchase power and which cryptocurrency you want to direct it.
Unfortunately, without guidance and correct results, beginner investors will not know which currencies to trade-in. Indigocoin grants members get 1% to 8% daily with low investment time and money. Keen investors will immediately realize the red flag in this statement at first glance.
Indigocoin features a segment on the platform with fake customers writing reviews to attract you and rob your funds.
Indigocoin Review
The company brags having very high profitability from their mining services. Customers are promised quick profits on investment.
However, how the platform plans to generate the returns or trade the investment is not clear. Indigocoin claims to have miners in Australia.
Indigocoin promises its members 4 contracts in cryptocurrencies: Bitcoin, Monero, Litecoin, and Dogecoin. The platform grants their clients the liberty to choose one of 3 types of arrangements under the platform. Investors have the freedom to own the deals for up to 5 years.
Investors are promised 24/7 round the clock equipment success while mining. Additionally, scam platforms always try to attract you with fake numbers of people who have registered. Scam platform boast having played out numerous withdrawal figures.
Indigocoin boasts having paid over 55 million Gh/s as a bonus to investors. Unfortunately, the method for withdrawal is not transparent in the platform, and no investor has testified to have successfully earned returns.
The legit trade platform will provide reasonable return percentages. Indigocoin assures investors' withdrawal requests take approximately 30 minutes.
Indigocoin claims partnership with Bitmex, Huobi, Bit connect, Amber data, and Bit pay, but there is no visible evidence to support their allegations. The platform address is 111 Henry street, Level 3-4 Penrith NSW 2750. Scam platform uses made-up addresses, and Indigocoin poses the same traits.
Indigo Coin Regulation and Customer Support
The trading platform is not regulated, and they are operating against legal guidelines. The platform owners risk facing criminal prosecutions.
Financial bodies in various countries have set measures to prevent citizens from scam sites. However, platforms that have co-operated with the legal guidelines confidently post their verified certificates, and they easily earn your trust.
Sadly, unregulated companies will smoothly go against the law whenever they choose. Mining platforms need license for them to access funds from the public.
Indigocoin has not provided its investors with banking information hence raising more doubts concerning any of their deals. Moreover, Ponzi schemes always try to remain anonymous and that the main reason they rarely provide contact information.
Investors in the case of having a complaint or requiring assistance telephone contact are provided, but this does not guarantee feedback. Responsive contact support for any legit mining platform is of the essence before trusting.
Investment Plan
Huge investment plans are a common trait used by pyramid schemes to attract innocent investors and swindle their funds. Indigocoin features three contract investors who can choose which to invest. The platform contracts ran for 1, 2, and 5 years.
Unfortunately, the alleged return numbers are way over the reasonable margin any keen investor will realize. Once you complete registration, you start earning 500 Gh/s. Every hour after registration, you are entitled to 1 Gh/s and 25Gh/s hourly.
All the contracts under Indigocoin.cloud promise investors 500 Gh/s hourly. Indigocoin.cloud feature eight contract plans; 1%,2%3%,4%,5%,6%,7% and 8%. The platforms allow minimum deposits of $0, $1,$5,$25,$50,$100,$200 and $400 respectively.
Investors do not have to deposit any amount to start earning. Nothing this platform promises investors makes perfect sense. Nonetheless, the investment figures are a major red flag to be on the lookout for stay away.
Domain Insights
During our research, we identified we were able to find demographic insight regarding Indigocoin.cloud. The company was registered on April 2020 and will expire on April 2021.
The domain name purchased for only one year is a common characteristic of pyramid schemes. According to Alexa global ranking, the platform ranks at 13,310. Its victims come from Venezuela, Cuba, and Brazil.
Indigocoin.cloud Affiliate Program
Ponzi Schemes urge their clients to invite new customers into the company. Upon successful deposit of the new member you will receive a certain percentage of commission. They do not limit the number of investors you can invite.
Additionally, once you complete registration, you get a personalize link. You can use this to invite new members. You may come across banners and SMS asking you with attractive deals but do not be quick to trust any of their dealings.
Indigocoin.cloud investors earn up to 25 Gh/s once the referred member registers into the platform. Once the new invite recharges into their account, you receive 10% of every deposit.
Is Indigocoin.cloud Scam or Legit?
Indigocoin is a scam firm that does not undertake mining activities. The platform only has a story to sell, but nothing they say makes perfect sense.
They have a lucrative investment plan and an affiliate program. However, investors will never cash out the amount. There is no existing evidence of clients' proof of payment.
Additionally, this company does not disclose its business model that yields them the ridiculous power, or the win and drawdown rates.
We checked with various regulatory bodies in the Pacific, Asia, and Europe, but Indigocoin is not in their database. The company does not even offer customer support services, which raises more doubt about its activities.
The platform is an offshore investment company that is operating against the law, and you should warn your loved ones against trusting them.
You have the right to know who is handling your money. Whoever is running the show in Indigocoin wants to remain anonymous to the public.
Final Verdict
Indigocoin.cloud main reason for existence is for investors to deposit funds into the account. Sadly, immediately you have credited money to their account chances of hearing from them are close to never.
The mining platform main is termed as a waste of cyberspace as nothing they promise investors to make sense. Moreover, invest with only the best cryptocurrency companies in the industry.
In conclusion. unregulated companies quickly go against the law when they feel like it. The fake company owners listed loses your trust and is a major red flag. Legal companies provide clients with reasonable return amounts.