CoinOption Review – Huge Scam Or Legit System?

CoinOption ReviewIf you’ve been paying attention lately, you’ll notice that CoinOption has been getting a lot of hype.

Because it’s new, it’s getting a lot of buzz and if you’re in an online business, I am sure someone will push it on you at some point.

It’s especially popular on social media at the moment.

I do want to let you know that I am NOT affiliated with CoinOption as a member or distributor.

My goal is to gather all the facts in one place for you so you can do your research – and it’s all here in my CoinOption Review.

Is CoinOption a legit business, or is it a complete scam?

Will I be able to build a business with it?

I tell you all about it in my Review of CoinOption.

Read below to find out more.

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What Is CoinOption?

In the case of CoinOption, we’re dealing with an MLM company that doesn’t provide much of anything on its website in regards to background information.

I made sure to comb through every section of the site, but even upon doing so, I was unable to determine who owns the company, where it’s based out of, or when it was initially founded.

The domain name for CoinOption’s website was registered on June 23, 2019, likely around the time it started coming together. Unfortunately, since the registration was done privately, it’s impossible to see who owns the domain name or where in the world the registration took place.

CoinOption does use its website to showcase a UK incorporation, showing an incorporation number of “111222333.” Not only is that number completely invalid, but UK incorporations are incredibly easy to acquire from just about anyone.

In other words, it’s very unlikely that CoinOption is based out of the United Kingdom.

CoinOption Scam

What Products Are Being Sold?

As for the product line being offered, we’re met with a similar setup.

CoinOption isn’t marketing or selling any goods/services, meaning there’s a total lack of retail sales activity. With no retail sales taking place, the only thing for CoinOpion to offer is access to its affiliate membership.

Similar to what we often see with companies set up like this, the biggest draw to becoming an affiliate is that you’re granted access to an income opportunity.

Info On The CoinOption Comp Plan

With that income opportunity being the biggest reason to join CoinOption, let’s take a closer look at how it works.

As an affiliate, you’re asked to invest money into CoinOption so that you can get an ROI. There are a few different investment plans available to you, and they work out as follows:

  • Starter Plan — Invest between $500 and $4000 for a 200% ROI (after 48 hours)
  • Premium Plan — Invest between $4500 and $10,000 for a 220% ROI (after 72 hours)
  • Advanced Plan — Invest between $11,000 and $25,000 for a 250% ROI (after 7 days)
  • VIP Plan — Invest between $30,000 and $150,000 for a 350% ROI (after 14 days)

On top of the ROI payments, CoinOption affiliates also stand to make money via referral commissions.

Referral commissions are paid using a unilevel system, with the rates working out as such:

  • 10% commission for Level 1 recruits
  • 15% commission for Level 2 recruits
  • 20% commission for Level 3 recruits

What Will It Cost Me To Join CoinOption?

If you’re interested in joining CoinOption, the affiliate membership itself is technically free.

However, in order to participate in the ROI side of the income opportunity, you’ll need to invest at least $500.

Any Truth To The CoinOption Rumours?

Any time a new business opportunity launches, you will always hear rumours about them being scams – so is CoinOption a scam?

From reading above, you might already be thinking CoinOption is a scam.

So, is it?

Is there a CoinOption scam, or is it legit?

To be honest, CoinOption isn’t a scam.

However, there are some red flags to be worried about, which I discuss in the conclusion.

See my tips below for helping to make money.

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And Now, My CoinOption Conclusion

If you follow the MLM space, the structure of CoinOption should be very familiar to you. Here we have another MLM opportunity asking for an investment in return for a guaranteed ROI. If you want to further increase your earnings, you can do so by recruiting other people into CoinOption and convincing them to do the same thing.

The earning potential here does look exciting, but keep in mind the level of risk associated with companies like CoinOption. This is a virtually faceless entity, meaning you don’t really know where your money is going.

Furthermore, whenever a company is promising a set ROI you can earn, that should be cause for concern.

People OK with that risk and that have $500 to burn may want to try their luck with CoinOption, but for most people, I think you’re better off taking your business somewhere else.

I hope you have gained value from my CoinOption Review.

I have put all the details you need to know here, because all other reviews of CoinOption have been fairly limited with details.

If you do decide to proceed with CoinOption or any business, you’ll find my free training helpful – I will show you how to make money online.

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