Usually in a period bitcoin 6 months but often far less. Much the less any external source of revenue other than affiliate investment. This certainly does not lend them credibility. Jul review, at bitcoin Nov 1st, at Our organization pays every review of our individuals hourly and with no exchange expenses.
Yes, I got scammed by them. If you are considering investing with this brand new offer, we suggest reading this review until the end so that you may fully understand what you are getting yourself into by doing so. This will allow Coin XL to be fully sustainable for many years to come. More importantly though, none of them feature any owners, founders, CEOs or members other than stock images. There are plenty of warnings there, but they evidently try to keep the first page positive and the overall rating high.
Reviews Write a review Dave - January 30, Is this possible, or is it too good review be true? However, what are you actually viewing? Maybe with a different domain bitcoin. To name a few, CoinXL. Then, no response to live chat, no response to email. Cash To Crypto Write a review Add photo.
Our research led us to discover that BitcoinXLPro. Not much information is available about CoinXL online. Stick with us as we examine whether this is a real investment opportunity or just another Bitcoin rip off. CoinXL is an online service that claims to be the first completely transparent Bitcoin trading platform in the marketplace.
By pooling their resources, they claim to be able to buy more at a better price. Thus, the more Bitcoin they have to trade with on the market, the larger the profit they can generate and share with members on a daily basis. For those who may not know, arbitrage is the practise of taking advantage of a price difference between two or more markets. Essentially CoinXL will buy Bitcoin at a certain price on one exchange and then immediately sell it on another exchange for a higher price.
CoinXL claims to execute real trades that are apparently completely transparent and listed on each members back office. Unfortunately, there a few warning signs we came across while doing research for our CoinXL review. Warning signs, we feel you should know before you go ahead and invest your precious bitcoins into this service.
After all, although Bitcoin is a cryptocurrency, it is worth a lot of money. It is a real investment, so you should be aware of all the pros and cons of an investment opportunity first.
The first warning sign we noticed had to do with the Coin XL website, or should we say websites. Yes, there is more than one. To name a few, CoinXL. Additionally all of the websites were registered privately. When you are dealing with investments, if you do not know who is behind the service, you should be instantly weary of joining them.
After looking through the above websites, most of them are nearly identical with the same amount of information available, which is not really a lot to be honest. More importantly though, none of them feature any owners, founders, CEOs or members other than stock images.
Not only do they not provide any images of the people running this service, they do not provide any names either. Again, this is a serious warning sign you should consider because in reality, you have no clue who you are actually dealing with, who is trading with your bitcoins, or who is handling your investment.
The second warning sign is the fact that no concrete evidence of any real trading taking place is provided. Yes, they state that all trades executed can be viewed in each members back office feed. However, what are you actually viewing? Those so called trades shown, could easily be programmed to show whatever the owners want it to show. Unless you are viewing the actual trade history via the broker or exchange page, it does not mean a thing. As it stands, there a few indicators which point CoinxL in the direction of a Ponzi scheme.
First is the involvement of a man by the name of Brad Cook. They also profess to trade only on the best trading markets on the net, alongside owning the best mining software available.
Members can make a deposit, choose between four investments plans, and then simply sit back while their experts do all the work. BitcoinXL members also have the option of withdrawing their initial deposit at any time, as well as making quick and easy withdrawals through their website. Unfortunately, at the time of writing this review, we do not consider BitcoinXL trustworthy. After deciding to take a closer look and conducting a bit of investigative research for our BitcoinXL review, we were left with a number of red flags and too many question marks.
We will highlight these concerns later on in the review but for now; let us look at what they are offering their members. While conducting research for this BitcoinXL review, we discovered a number of issues we were not entirely happy with to say the least.
Firstly, this website is brand new. This means that in under a month they have acquired 76, members and have paid out a total of BTC We find this a little hard to believe. The second issue we have is that they have not put any faces to their business nor have they provided any names.
So whom are you actually investing with? Are you willing to blindly invest your money into a company of which you have no idea who is actually behind it?
Another thing that stood out for us is that except for one or two stock bought background images and vector icons, there are actually no pictures on this website at all. They do not even show you their supposed top of the range bitcoin mining equipment. This certainly does not lend them credibility. The third but most concerning issue we picked up is in regards to their alleged company registration. On their website, they display two different company registration numbers.
The first number found on the homepage as well as under their FAQ section is , the second number found on the certificate of incorporation they provide is You might say that this could simply be a typing error. However, we decided to look up both these numbers and to our dismay, we found that these numbers were registered under two different companies. This begs the question, is BitcoinXL even registered at all?
You can view the relative company information by clicking on the numbers above. We tried doing a search on the name BitcoinXLorg Limited and the results showed that there was no such company registered with them. This leads us to ask, where did they get their Certificate of Incorporation from which they proudly display in pdf format on their site. The most likely scenario is that the certificate was edited to display their name.
Further to the above, we had a look at other BitcoinXL reviews on both Google as well as YouTube and noted quite a number of complaints.
Some of these complaints ranged from members not being able to make withdrawals, to others who had their accounts frozen after making the first withdrawal. Others complained that they had made their withdrawal but it had not arrived in their respective cryptocurrency wallets after days of waiting. In fact a lot of the reviews and comments we read were claiming this service to be yet another HYIP scam site. The only positive reviews we came across with supposed proof of withdrawal were from people who are actively promoting this service.
That in itself is a major red flag you should consider before depositing anything with them. At present, this looks to be a scam. Unfortunately, we simply cannot ignore the evidence we have gathered which point to that conclusion.
There are just too many questions marks and red flags here. Should this service clean up their act in the future, provide a credible company registration number, display the people behind the service or some names at least, as well as stick around for longer than a few months, we will update this review and conclusion accordingly. Until then, we would advise staying away from this particular Bitcoin investing service.
To join our member list and receive additional scam warnings from us directly to your inbox, please subscribe to ScamBitcoin. I had invested 0. It is very sad, but it seems that this is quite impossible. First of all we need to guess the owners of that sites there are many same sites. But first or even second wave could earn something more than invested.
So, everyone envolved is trying to be a firstwaver. Today, some owners decided to build their income without paying people at all.
5 Sep This detailed CoinXL review takes a closer look at a recently launched cryptocurrency trading service, claiming to make you % return on your investment within days. Recently, we've The first warning sign we noticed had to do with the Coin XL website, or should we say websites. Yes, there is. Before investing in Bitcoin Xl, always check all other HYIP monitors status. We have developed 4 Bitcoin plans to increase your bitcoins daily, all plans come with: hourly payments, deposit back anytime options. If Bitcoin Xl is scam or legit. 13 Aug Scam Review of wearebeachhouse.com wearebeachhouse.com is a fresh out of the box new Bitcoin exchanging and mining organization. We right now exchange If you deposit 1 BTC, the Bitcoin XL payout (apprx 5%) will generate about 15 BTC per year (or about 36 BTC if you reinvest all the earnings). At BTC per day.