What is CoinexPro? Is CoinexPro.com Scam or Legit?
CoinexPro is nothing but just another Ponzi scheme. These kinds of companies are out numbers in the name of investment companies. Ponzi schemes always pay at starting for some days to lure more people into their system and when they able to gather lots of investment from different people, they just stop paying and run with the money of members. If you want to find out more details on Ponzi and Pyramid schemes, then you can click the following respective links:-
Ponzi Scheme:- newsonlineincome.org/ponzi-scheme/
Pyramid Scheme:- newsonlineincome.org/2017/03/06/what-is-pyramid-scheme/
So, we don’t recommend anyone to invest in CoinexPro or promote Coin Expro because it doesn’t matter it pays to few members at starting, but in long run it can’t be stable and can’t pay majority of members due to which lots of people will lose their money. Yep, we know that some people will come here and argue with us. But we want to tell them in short that only because you join it at first and you earn some money till date it pays doesn’t mean you should promote it and let other join and make them lose their investment. If you support scam, then you are also a scammer. That is why we only recommend those kinds of companies whose business model is legal and can keep on paying for long time, actually which has been already paying from long time. For example, you can take a look at our list of recommended online work companies by clicking this link:- newsonlineincome.org/legitimate-work-home-businesses/
Like we have said before, to recommend any online work companies, we consider lots of factors and the major one is business legality and sustainability and the rate of successful members and the earnings that can be made according to the time and effort and so on. When we consider these factors, CoinexPro.com doesn’t meet even a one criteria, so we have listed it within our not recommended sites list, but since Wealthy Affiliate meets all of these criteria in perfect manner, so we have recommended Wealthy Affiliate as a No.1 online work company. If you don’t know what is Wealthy Affiliate and want to find out the detail review on Wealthy Affiliate, then you can click this link:- newsonlineincome.org/wealthy-affiliate-review/
OK, let’s begin with our CoinexPro review in detail in order to find out what is Coinex Pro in real.
Coinex Pro login and join in link:- https:// coinexpro. com/ (Not Recommended to join)
What is CoinexPro.com in real and why don’t we recommend it?
Aforementioned, it is clear that CoinexPro is a Ponzi scheme which can’t be sustain for long time and more than that it is an illegal business in many countries. So, even if it manages to pay for long run, it can have legal issues anytime in the future, but we are sure it will not sustain for long run and soon will stop paying.
So, what makes us sure that it can’t sustain for long run?
It is simply due to its rate of return. If you are expert to understand Ponzi scheme, then you should know that any Ponzi scheme which offer 10% daily return on one time investment are the ones which ended up soon. On top of that, Coinex Pro even offers 15% referral commission on the investment amount of referrals on their ROI plans which makes it more unsustainable.
Actually, it seems the owner of Coin Expro already has a plan to turn it into scam because they have not provided clear information about who is running a website and from where they are operating it. So, obvious reason for hiding their real details is only because they know they need to stop paying soon and then need to shutdown their site and run away with money of many members. Yep, that is their plan.
We know that they have provided company registration document and also the name of the founder as Clark Hughes with his picture. But, that is the information which they have provided in their website where they can write anything. If you check the WHOIS detail of Coinex Pro, then you will find out that Davis Paul from France has been listed as an owner of CoinexPro. So, now what should we believe? Either their address is from UK or France and either the name of founder is Davis Paul or Clark Hughes?
OK, may be you will say that they have provided registration document from UK Companies House with UK address, so we should believe they are form UK. For your kind information, anyone can register company in UK Companies House for which even no need to provide real address, but any virtual (rental) address will be enough to register company there. More than that, the registration fee to register company in UK Companies House is only 20 GBP. That registration document is only for tax purpose, not the license to run an investment company like they are claiming, so that is another fake claim by them. In the past, tons of Ponzi schemes have been already turned into scam which were using registration document from UK Companies House. So, that registration document is nothing. If you don’t believe us, then just try to register company in UK Companies House by yourself, then you will know by yourself how much it is easy to register company there.
Their another fake claim is that they can cover up 10% daily profit because Bitcoin price is increasing and they use your investment in trading cryptocurrency. But, neither by trading cryptocurrency, nor by increasing price of Bitcoin can help anyone to make 10% daily on regular basis. So, that is a fake claim. In real, at starting for some days, CoinexPro will just pay existing members using the money of new members and each time they pay, they will increase debt into their system which makes their system unsustainable. But, they don’t care about that because they are not here to pay for lifetime. So, they are simply promising to pay 10% for lifetime which simply means their lifetime is very short.
Actually we can provide much more details to prove you CoinexPro is a bad company. But, since we have already provided you enough points to prove the reality of this company, so now we are going to conclude this review.
Aforementioned, it is clear that CoinexPro is an illegal company which can’t be sustain for long run and if you invest money in this company, you can lose your all investment. So, it is better to stay out of it.
If you want to earn money online in real, don’t go after with these kinds of risky companies, otherwise instead of earning, you will lose completely. If you want success online, join real companies and do some work so that you can earn slowly day by day and at last can make stable income for lifetime. For example, you can take a look at our list of recommended online work companies which are established and paying from very long time by clicking this link:- newsonlineincome.org/legitimate-work-home-businesses/
If you are searching the way to earn full time income online on regular basis for your lifetime, then we suggest you to take a look at our No.1 recommended online work company known as Wealthy Affiliate by clicking this link:- newsonlineincome.org/wealthy-affiliate-review/
However, if you are only interested in risky companies where you can earn some money by risking your own money, then you can find some of those kinds of popular HYIP, revenue shares and crowd funding companies by clicking this link:- newsonlineincome.org/work-home-reviews/
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