Coin Plus Review – Legit Biz Op or Big Scam? Find Out Here…
Welcome to my Coin Plus Review!
There has been some buzz about this latest business opportunity to hit the marketplace, so I figured I should examine what it was all about…
Some people are saying it’s a legit business where you can make good money.
And some others are saying it’s a big scam and you should stay away.
In my blog, I am going to put some rumors to rest and give you the truth behind this company.
With the information I have, you will learn about the company background, the products and the compensation plan.
Let’s find out if it’s legitimate or a scam!
Coin Plus Review – The Company
There’s a bit of bad news to start off with here, as I was unable to find any information on the company website about who runs or owns the business.
After a little more research and some more digging I was able to find out that the Coin Plus website domain was registered as “coinplus.cc” on the 12th of October 2017.
The owner of the company is registered under Logan Lance, and along with that came a residential address in London, UK.
There is a certificate of a UK incorporation that is presented on the company website.
It was on the 21st day of September in 2017 that the company Coin Plus was incorporated in the UK, but it was incorporated under the full name of CoinPlus Bitcoin Limited.
There is a sole officer listed as Reece Dave for the business through a residential address listed in Manchester.
Counting this company, there have been various HYIP website domains registered by Logan Lance.
Lance is also registered as the owner of a several HYIP monitoring websites online.
One of the more current companies seems to be the Global FX Team, which is a forex themed business opportunity.
Although it was started up in the middle of the year (in June to be more exact) the current data of traffic statistics for the Global FX Team online website implies it has fallen apart.
This is what most likely pushed Lance to start up the company Coin Plus.
Interestingly enough for Logan Lance, there is no other information on him apart from the company’s website domain registration that’s accessible.
Coin Plus Reviews – The Products
The company has no retail products or services for consumers to purchase.
However, those affiliates whom wish to sign up with Coin Plus are able to market the company affiliate membership itself.
Other similar companies I reviews:
The Coin Plus Compensation Plan
Affiliates who want to participate in the company compensation plan are required to sign up and invest into the company.
In order to qualify for the compensation plan, company affiliates invest in bitcoin as one of the promoted “lifetime investment plans”.
- Invest 0.005 to 3 BTC and receive a 5% daily ROI
- Invest 3.001 to 10 BTC and receive an 8% daily ROI
- Invest 10.001 to 1000 BTC and receive a 12% daily ROI
There are referral commissions that are available from the company offered on capital (funds) invested, which is paid out through to level 2 in the unilevel team:
- Level 1 (Personally sponsored affiliates) – 5%
- Level 2 – 2%
Cost To Join Coin Plus
The cost to join Coin Plus as an affiliate is free.
However, free affiliates can only earn referral commissions and not within the compensation plan.
But, if you would like to fully participate in the business opportunity and its compensation plan, this would require an investment of 0.005 BTC.
CoinPlus Video Overview
Verdict on Coin Plus
So let’s see here…
We don’t know who really runs the show behind Coin Plus…
This Logan dude has been part of many other HYIP sites before…
And Coin Plus promises ROI’s which really is impossible to do if they are indeed trading or have external income sources to create those ROI’s.
I believe what is happening is newly invested funds are paying off existing members which can give you that predicable ROI but not for the long run.
Once recruitment slows down, their ROI’s will crazy and they will fail to meet them.
You see what I mean here?
Sure you can talk about ROI’s, but don’t promise them!
Anyway because of that I don’t recommend this company.
I hope you enjoyed my Coin Plus Review and if you have any questions please leave them in the comments below…
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