CoinPlus Review – Huge Scam Or Legit System?

CoinPlus ReviewIf you’ve been paying attention lately, you’ll notice that CoinPlus 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 CoinPlus 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 CoinPlus Review.
Is CoinPlus 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 CoinPlus.

Read below to find out more.

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What Is CoinPlus?

On the official website for CoinPlus, you won’t find any information in regards to who’s running the company, when it was founded, or anything along those lines. Background data is important for any MLM setup, and you simply don’t get that right out of the gate with CoinPlus.

The domain name for the CoinPlus site (coinplus.cc) was registered on October 12, 2017, with the owner listed as Logan Lance and an address provided in London, United Kingdom.

In addition to this, it’s also worth noting that an incorporation certificate on the website claims CoinPlus was incorporated in the UK.

The incorporation in the United Kingdom took place on September 21, 2017 under the title of CoinPlus Bitcoin Limited, and the sole officer for the company is listed as Reece Dave (as well as a residential address that’s located in Manchester).

However, CoinPlus isn’t the only company that Lance is involved with.

After a bit of digging, it became apparent that the man owns a number of domain names for HYIP schemes.

The latest of these seems to be that of Global FX Team.

Global FX Team was a forex Ponzi scheme that first launched this past June, but according to Alexa rankings, already collapsed.

With Global FX Team no longer in the picture and not making Lance any money, it’s no secret why he decided to launch CoinPlus.

Despite these connections, there’s absolutely no info to be found on Lance outside of of CoinPlus.

As such, it starts to become murky as to whether or not the Logan Lance and Reece Dave mentioned here really exist.

CoinPlus Scam

What Products Are Being Sold?

Taking a look at CoinPlus’s product line, there’s admittedly not much to see,

Nothing is being marketed or sold to retail customers, and this means that you won’t find any retail sales activity.

Affiliates are left with only the affiliate membership to offer to individuals that might be interested in it, and should someone choose to join, this is the income opportunity they’ll have access to.

Info On The CoinPlus Comp Plan

As an affiliate for CoinPlus, you’ll be asked to invest bitcoin into “lifetime investment plans.”

CoinPlus has three main plans that you can choose from, and they work as follows:

  • Affiliates that invest 0.005 to 3 BTC earn a daily ROI of 5%
  • Affiliates that invest 3.001 to 10 BTC earn a daily ROI of 8%
  • Affiliates that invest 10.001 to 1000 BTC earn a daily ROI of 12%

There’s also the chance to earn on referral commissions, with these being paid out to affiliates via a unilevel system.

With these referral commissions, affiliates have the chance to earn 5% on level one recruits and 2% on level two.

What Will It Cost Me To Join CoinPlus?

You do have the option to join CoinPlus for free, but if you do this, you’ll only be able to earn on referral commissions. In order to get your hands on the advertised ROI, you’ll need to invest a minimum of 0.005 BTC.

Any Truth To The CoinPlus Rumours?

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

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

So, is it?

Is there a CoinPlus scam, or is it legit?

To be honest, CoinPlus isn’t a complete 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 CoinPlus Conclusion

Per CoinPlus’s website, it’s able to generate the advertised ROI through “cryptocurrency trading and cloud mining operations.”

Cryptocurrency trading can result in substantial profits, but in the case of CoinPlus, there’s no evidence to show that this is actually taking place.

And, not only this, the only opportunity that’s being offered just doesn’t make any real sense,.

Let’s say that CoinPlus really did have a system that generated a daily ROI of 12%. If this was the case, why in the world would the company seek investments from third parties? The admins could easily keep it to themselves and quickly become the richest people in the world.

At the end of the day, CoinPlus is nothing more than a Ponzi scheme.

Newly invested funds get recycled and turned around to existing members, and because of this activity, CoinPlus will collapse the second investment activity dies down.

Most affiliates will end up losing out, the anonymous admins will earn the majority of what’s invested, and that’ll be all she wrote.

I hope you have gained value from my CoinPlus Review.

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

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

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