Coinasset.biz Review: scam- 20% daily forever

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Coinasset.biz claims has been in the market since 2019 yet it started operations this year, 2021.

Coinasset.biz

They claim to be a fund management company headquartered in London, United Kingdom. All financial services providers must be regulated in the jurisdictions that they are operating in. There is no evidence of regulation of this broker by FCA.

Just like Instantearndollar.com, this broker is a scammer.

Are you a victim?  CLICK HERE to recover your money.

Overview of Coinasset.biz

This broker is an HYIP.

These schemes have specialized the art of luring customers with extremely high rates of return on investment.

Theirs is just a matter of time and not if they are a scam. What they do is pretend to be paying the first few customers so as to get referrals.

Once they hit their target they just disappear with your money.

Investment plans

  • For a minimum deposit of $10 and a maximum deposit of $499 you earn a profit of 10% daily forever.
  • For a minimum deposit of $500 and a maximum deposit of $1999 you earn a profit of 12% daily forever.
  • For a minimum deposit of $2000 and a maximum deposit of $5999 you earn a profit of 13% daily forever.
  • For a minimum deposit of $6000 and a maximum deposit of $10999 you earn a profit of 15% daily forever.
  • For a minimum deposit of $11000 and a maximum deposit of $100000 you earn a profit of 20% daily forever.

This investment company promises very lucrative returns on investment but it is not clear how they are generating their money. This should be clearly demonstrated to gain the confidence of investors. This is a con that is only interested in your money. Do not be cheated by this sham broker.

A referral commission of up to 6% is paid by this broker. This is to entice more investors to come on board so as to increase their loot. They want to reach their target as soon as possible with the highest number of causalities. Why would someone be paid for bringing an investor on board, yet they will be earning their profits? Take note of these cheap tricks.

Is it safe to invest with this broker?

It is definitely not safe to invest in this illegitimate broker.

HYIP schemes cannot be trusted. They often lure investors to put in their money then vanish with it once their target has been reached.

There is no evidence of regulation for this broker. Unregulated brokers can never be trusted as they are fond of breaking regulations. They always disappear to thin air since they are not answerable to any watchdog.

For legitimate brokers please click here.

Conclusion

Coinasset.biz is a scam.

They are using a cheap trick of luring investors with crazy profits. Whenever a broker is not regulated do not be tempted to put in your money however lucrative the deal may seem to be.

Unregulated brokers are high risk ventures to even think of investing your money in. They are not answerable to any watchdog incase of any misappropriation of investors’ money. All financial services providers must be regulated by the regulator in which they are operating in.

We cannot recommend this broker for now, this is a time bomb and for sure they will scam you!

This broker is very new in the market to promise such rate of return yet they have not even been in the market for a week. Be wary of this scammer.

Have you been scammed by this broker? CLICK HERE to recover your money.

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