CoinPlus Review – Is This A Good Opportunity Or Big Scam?
CoinPlus has been getting a lot of attention on the web lately.
Because there is so much hype, a lot of network marketers are trying to sell this opportunity all over the place, including all over social media.
I want to let you all know that I am NOT in any way promoting or selling CoinPlus.
I have simply gathered for you all the facts in this CoinPlus Review in order for you to make a proper decision about it.
So, is it true? Is CoinPlus a scam?
Can it really help you build an online empire?
Let’s carry on with the review.
What Is CoinPlus?
It doesn’t take long to see that CoinPlus’s website is lacking of any real background information.
There’s absolutely no mention of who founded the company, who’s managing things on a day-to-day basis, when it was founded, etc.
CoinPlus’s domain name (coinplus.cc) was first registered earlier this month on October 12, 2017, with the owner listed as “Logan Lance” and an addressed in London, United Kingdom provided as well.
In addition to this, CoinPlus also uses its website to showcase a certification for its incorporation within the United Kingdom.
CoinPlus was reportedly incorporated in the UK as CoinPlus Bitcoin Limited on September 21, 2017, with the sole officer listed as someone by the name of “Reece Dave.”
The incorporation also reveals a residential address in Manchester.
Going back to Logan Lance that’s referenced with the domain registration, this is a name that’s also connected to a number of HYIP domain names. The latest of these was an opportunity called Global FX Team that launched in June.
Global FX Team was a Ponzi scheme using the theme of a forex as a ruse, and according to Alexa rankings, the company has already collapsed.
Something that caught me as very odd is the fact that there isn’t any information on Lance outside of CoinPlus and its domain registration.
Because of this, it raises the question as to whether or not Logan Lance and Reece Dave as described by CoinPlus really exist.
What Are The Products For CoinPlus?
Moving over to CoinPlus’s product line, there’s really not much to talk about.
No goods or services are being sold to retail customers, and this leaves affiliates with nothing more than the affiliate membership to offer to people.
This results in there being no chance for retail sales activity, and considering that this is often the backbone for legitimate MLM opportunities, is not a good sign for CoinPlus’s legitimacy.
What Is The Compensation Plan For CoinPlus?
The biggest draw to CoinPlus’s affiliate program are the “lifetime investment plans” that allow you to earn a daily ROI as great as 12%.
There are three plans that affiliates have to choose from, and they include the following:
- Earn a daily ROI of 5% by investing between 0.005 and 3 BTC
- Earn a daily ROI of 8% by investing between 3.001 and 10 BTC
- Earn a daily ROI of 12% by investing between 10.001 and 1000 BTC
Affiliates are also given the opportunity to earn on referral commissions.
Referral commissions within CoinPlus are paid using a unilevel system, offering the chance to earn 5% on level one and 2% on level two.
What’s Does It Cost To Join CoinPlus?
You can join CoinPlus for free, but doing so will limit you to earning on only the referral commissions.
If you’d like to earn referral commissions and the daily ROI, you’ll have to invest at least 0.005 BTC.
Is CoinPlus A Scam?
Have you heard from a friend that CoinPlus is a scam?
Based on this review, it might be hard to tell.
What exactly is the truth about CoinPlus – is it a scam or legit?
Good news – CoinPlus is not really a scam.
But, be sure to take a look at the conclusion, because there are some things you should be aware of.
This is how you will build a successful in your business.
Let me help you make more money.
CoinPlus Review Conclusion
Similar to many other opportunities you’ve probably seen me review, CoinPlus claims that its ROI is funded through “cryptocurrency trading and cloud mining operations.”
There are two big problems with this.
First, there’s no evidence of any kind that these things are actually taking place.
Second, why in the world would CoinPlus’s admin(s) ask for people to invest if it really had a system that allowed for a consistent 12% daily ROI? If this system really existed, they’d keep it to themselves and not let anyone else have access to it.
With everything functioning the way it is, it becomes easy to see that CoinPlus is truthfully operating as a Ponzi scheme.
New bitcoin is invested, it’s passed on to affiliates that the company owes ROI funds to, and the cycled repeats.
This will see CoinPlus collapsing once investment activity eventually dies down, and once it does, most people that get involved with the company will end up losing out.
I sure hope that you have found my CoinPlus review helpful for you.
Some other reviews have been pretty scant on details, and I wanted my CoinPlus review to have all the information for you.
If you decide to carry forward with CoinPlus, make sure you make the most out of it and learn how to market yourself online.
Click to get my free training that shows you how.