Coin Accelerator Review – Legit Or Scam?

Coin Accelerator ReviewRecently, Coin Accelerator has been getting a lot of hype on the internet.

I have had people pitching this one to me on a near daily basis, in fact, and I have seen it making the rounds on social media as well.

I want to make it clear I am NOT promoting this business opportunity as an affiliate or distributor in any way.

I have done all my research in this Coin Accelerator review do you can learn the honest truth and decide if it’s right for you.

Is Coin Accelerator a scam? Is it legit?

Can it really deliver on it’s promises?

Let me tell you in my Review Coin Accelerator.

Let’s get started.

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Seriously, What Is Coin Accelerator?

Coin Accelerator is the latest MLM opportunity that’s up for my full, in-depth review treatment, and the official website for the company indicates that someone  by the name of Louis Kramon is the founder of the company.

The Coin Accelerator site indicates that Kramon is an “internet marketer seeking to promote financial empowerment across the world”, but aside from this tidbit of information, there isn’t any other available data on the individual.

Based off of my research, it would appear that Louis Kramon is a made up name and someone that doesn’t actually exist. I did a search of the name on Google, and the only three results that I got were that of the Coin Accelerator website and links to Kramon’s supposed ancestry and birth record.

To go along with this, the domain name for the Coin Accelerator website (coinaccelerator.com) was initially registered on November 26th, 2016. However, since the domain was registered privately, there isn’t any available information in regards to who owns the domain or where in the world the registration took place.

All of this creates for a feeling that the anonymous admin(s) behind Coin Accelerator is trying to remain as anonymous as possible on purpose, and this is a theme that is usually never a good sign to see with an MLM opportunity like this.

Coin Accelerator Scam

What Products Does Coin Accelerator Sell?

Moving right along to the product line side of things, there’s not much to talk about here either. Con Accelerator is yet another MLM opportunity with no real product line set up, meaning that affiliates have nothing more than the affiliate membership to try and sell to interested individuals.

In addition to this, no product line also means that there’s a complete and total absence of any retail sales activity. Retail sales is usually the backbone for any legit MLM operation, so that the fact that it’s lacking here is a strong indicator that Coin Accelerator is operating in the MLM underbelly.

Info On The Coin Accelerator Compensation Plan

In regards to the compensation plan, affiliates earn money by gifting bitcoin to one another through the use of a 2×6 matrix system.

Each level of the matrix system being used here operates as its own unique cash gifting setup, with the first level requiring affiliates to gift 0.01 BTC to the affiliate that recruited them to join Coin Accelerator.

Once this payment has been received by the recruiting affiliate, the member that gifted the money is then able to receive 0.01 BTC from two other affiliates that are subsequently recruited after them.

All of the other levels of the matrix system operate in a similar fashion, with affiliates gifting money in order to get something in return.

In addition to that first level, the other five levels that exist work out in the following manner –

  • Gift 0.02 BTC in Level 2 in order to get 0.02 BTC from four affiliates
  • Gift 0.03 BTC in Level 3 in order to get 0.03 BTC from eight affiliates
  • Gift 0.04 BTC in Level 4 in order to get 0.04 BTC from sixteen affiliates
  • Gift 0.05 BTC in Level 5 in order to get 0.05 BTC from thirty-two affiliates
  • Gift 0.06 BTC in Level 6 in order to get 0.06 BTC from sixty-four affiliates

What’s worth noting here is the fact that all payments within Coin Accelerator (both bitcoin that’s sent and received) is recurring on a monthly basis.

How Much To Join Coin Accelerator?

If you’re at all interested in becoming an affiliate for Coin Accelerator, you’ll need to gift a bare minimum of 0.01 BTC to the person that recruited you to join the company every single month.

However, if you’d like to fully participate in everything that the Coin Accelerator compensation plan has to offer, you’ll need to increase that gift amount to 0.21 BTC every month.

Seriously, Is Coin Accelerator A Scam Or Is This Legit?

As I am sure you have heard with most business opportunities, there are a lot of scams on the internet, and Coin Accelerator might be a scam with them.

Having read the review above, you might be wondering if Coin Accelerator is legit or completely a scam.

So, is it a scam?

Is Coin Accelerator a scam, or can you make a proper business with it?

Honestly, Coin Accelerator isn’t a complete scam, but there are definitely some things to be aware of (see the conclusion section).

Whether you decide to join or not, you really need to master your marketing and lead generation.

This is the only way you will be successful.

See below for help with making money online.

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

Here’s My Coin Accelerator Final Thoughts!

After looking through Coin Accelerator, it doesn’t take long at all to see what kind of operation this is.

Affiliates join the company by gifting so much bitcoin to one another every month in order to get a gift payment in return, and this sort of activity results in Coin Accelerator operating as a cash gifting scheme.

Even more evidence of this comes from the Coin Accelerator website itself. As per the site, “CoinAccelerator is a peer to peer network that is designed to help its members achieve their financial goal.”

The phrase “peer to peer” is always a telling sign of cash gifting in the MLM realm, and all this does is reinforce the fact that there isn’t any honest or legitimate activity taking place within this particular opportunity.

As with all cash gifting schemes, Coin Accelerator will collapse once recruitment level dies down. At this point in time, the anonymous admin(s) behind the company will make off with whatever money they’ve earned with their preloaded positions at the top of the matrix, leaving everyone else to end up losing out.

Hopefully, you have enjoyed this Coin Accelerator Review.

I wanted to give you this in-depth review because there have been plenty of other Coin Accelerator reviews that don’t really give all the information you need.

If you do decide to join, I want you to be successful, so learn how to market yourself properly.

My FREE training below will help you market and earn money!

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

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