Welcome to my Coingain App Review!
So this is the latest Investment platform that I decided to take a look and see if you can actually make money from it or not.
It is actually a good business opportunity with 110% Daily ROI so let’s see if it is legit or not.
I will go through the company, products and compensation plan with all the details that is there, so you can make a right decision.
Make sure you PAY close attention and read this to THE End.
Coingain App Review (Company)
coingain.app is a trading bot that operates on major cryptocurrency exchanges.
Coingain claim it generates external revenue through a product call “Coingain Bot Pro”, which is a trading bot.
However, Coingain doesn’t give any evidence of this actually exist.
Checking their domain registration, “coingain.app” has been privately registered on August 2020.
Now I checked the Alexa rank to find out the traffic the website is getting.
As of writing this post the main traffic to ‘coingain.app’ is coming from Argentina with 8.7%.
I also couldn’t find any information on their website about who runs or owns the company.
As usual this is a big red flag, You can’t trust a company that is not transparent.
Coingain App Products
They don’t have any retail product or services, with all you can do is signup and invest to start earning.
You can also earn money from the referral program.
Other companies similar to this I did a review on:
coingain.app offers commissions of up to 102.5% to 110% daily ROI.
A uni-level compensation structure puts an affiliate at the top of a uni-level team that places every personally sponsored affiliate right under them on level 1.
If level 1 affiliates recruits new affiliates, they are put on the 2nd level of the original affiliate’s uni-level team.
If level 2 affiliates recruits new affiliates, they are put on the 3rd level, and this continues on down an infinite levels.
However, in case of coingain.app, they capped the Payable uni-level team levels at just 3.
Referral commissions are paid out as a percentage of investments made across these three levels:
- Level 1 (personally sponsored affiliates) – 5%
- Level 2 – 1%
- Level 3 – 0.5%
If a Coingain app sponsor generates $25,000 in downline investment, referral commissions are increased to:
- 3% on level 1
- 2% on level 2
- 1% on level 3
Cost To Join Coingain App
It is free to join them, however affiliates need to maintain an active investment to earn referral commissions.
Minimum investment for Coingain App is:
- $1 USD
- 0.0005 BTC
- 0.02 ETH
- 0.1 LTC
- 2000 DOGE or
- 20 XRP
So is Coingain app scam?
Let’s look at the facts, shall we?
We don’t know who runs or owns the company.
On top of that they haven’t been transparent about their past and when they have started their business.
Additionally, they are not registered with any financial regulator organizations.
Any company that promises return on investment and works with exchange of any kind needs to be registered with the appropriate financial regulated of the jurisdiction they operate in.
coingain.app not being registered, means that they are offering return on investment illegally.
This simply means your MONEY is not safe with them.
The only income that I can see is the new affiliate paying the existing members.
This is your classic ponzi shceme.
I can’t recommend this. It is very high risk and there is no way that you can get your money back if anything happens to these people.( i.e website stops working or just shuts-down)
I hope you enjoyed my coingain.app review and if you have any questions feel free to ask in the comments below…
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