Coin Place Review – Legit Or Scam?

Coin Place ReviewHave you been paying attention to all of the hype for Coin Place?

If you told me someone had pitched the opportunity to you lately, this wouldn’t surprise me. It’s making all the rounds on social media lately.

Next, I want to tell you that I am neither an affiliate or distributor for Coin Place – I want to give you an unbiased opinion.

Is it a scam? Can you trust Coin Place?

Read all about it in my Coin Place review so you can learn the full truth!

Does it deliver on the promises in the marketing materials?

Let me explain in my review of Coin Place.

Let’s carry on.

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

What Can You Tell Me About Coin Place?

Looking through Coin Place’s website, you won’t find any real background information on the company at all.

There’s no mention of who owns Coin Place, where it’s located, when it was founded, or anything along those lines.

The Coin Place domain name for its website was registered on September 27, 2017, but being as how the registration was done privately, there’s no way of knowing who the owner is or where bin the world the registration took place.

Current Alexa rankings show that Japan and Russia account as the largest sources of traffic for Coin Place (38% and 13%, respectively), and with this being the case, it’s safe to assume that Coin Place is being operated out of one of those countries.

Of the two countries, Russia seems like the strongest possibility seeing as how the Coin Place website defaults to the Russian language.

I also looked at Coin Place’s Facebook page, and although no admins for the company are listed here, most of the members involved with the company are – you guessed it – Russian.

Coin Place Scam

Does Coin Place Offer Any Products?

In regards to Coin Place’s product line, there really isn’t one to speak of.

Nothing is being marketed or sold to retail customers, and this leaves affiliates with only the affiliate membership to offer to those looking for a new income opportunity to join.

What Kind Of Compensation Plan Does Coin Place Have?

Should you choose to join Coin Place, you’ll need to invest cryptocurrency in order to earn the offered ROIs.

Coin Place has three main tiers of investments that affiliates can choose from, and they work out as follows –

  • Starter — Affiliates invest between $10 and $500 to earn an ROI of 110% after 15 days
  • Medium — Affiliates invest between $25 and $10,000 to earn a daily ROI of 6% for a total of 20 days
  • Investor — Affiliates invest between $50 and $10,000 to earn a daily ROI of 5% for a total of 30 days

In addition to the ROIs, Coin Place also allows its affiliates to earn on referral commissions.

Referral commissions are paid using a unilevel system, and with them, affiliates can earn 8% on level one recruits, 3% on level two, and 1% on level three.

What Is The Cost Of Membership With Coin Place?

If you’d like to join Coin Place as an affiliate, you can initially join the company for free.

However, in order to participate with the attached income opportunity, you’ll have to pony up an investment of $10 or more.

Should I Be Worried About A Coin Place Scam?

Every business opportunity on the web has good reviews and bad reviews – so is Coin Place really a scam?

Is there a Coin Place scam or is this business legit?

If I am being honest, I’d say it’s not really a scam, but there are some important points to be aware of.

Learning the business weaknesses and having a strong marketing strategy is what will make you successful.

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

Conclusion for Coin Place

On Coin Place’s website, the company claims that it’s able to offer the advertised ROI through “trading on cryptocurrency exchanges.”

The more detailed explanation is as follows –

“Our traders benefit from the cryptocurrency volatility, which means they calculate the upcoming rate fluctuations.

For example, they exchange their funds to bitcoins when the exchange rate is low, and then withdraw their money back when the bitcoin rate is at its highest possible mark for the current period of time.”

This might sound good on the surface, but the reality of things is that Coin Place offers absolutely no evidence that any of this is actually taking place.

Newly invested funds are turned around and used to pay off ROIs that are owed to other members, and this results in Coin Place being a Ponzi scheme.

Like all other Ponzi schemes, most affiliates that get involved with Coin Place will end up losing out.

Only the anonymous admin(s) will earn anything of real value, and once investment activity finally dies down, Coin Place will collapse and fade into nothingness.

I hope you are finding the information in my Coin Place Review helpful?

Some of the other reviews I saw had very little details, so I am hoping I gave you everything you need here.

If you’re wanting to become a member of Coin Place, make sure you take the time to develop a marketing strategy.

And, my FREE training below will help you do that and make money!

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

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