Coinstic.com Review Is Coinstic Scam or Legit

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Coinmama Bitcoin Exchange Review – Legit or Scam?

Updated on Oct 23, 2020 by Tuan Do

Coinmama is the Bitcoin exchange I use recently after reaching limits on the others. The exchange has been around for a while but I was hesitant to use it because I heard some complaints about their service. I gave it a try and here is the review.

Availability

Coinmama is registered in Slovakia but they offer the service worldwide. You might have limited functions in some countries but overall, the service is available in the widest range of countries.

Payment Methods

You can buy Bitcoin or Ethereum with your credit/debit card. I used my debit card to buy because it’s faster, however, it’s also more expensive.

Support

I was quite disappointed with Coinmama’s customer support. The verification process was fast but when I had a request regarding my transaction, it took 2 days for the response. The good thing is that they explained thoroughly and keep me assured that I would receive my Bitcoin eventually.

Processing Time

The processing time varies depending on the workload. My first transaction went well and I received Bitcoin to my wallet in about 4-5 hours. The second transaction takes much longer and I didn’t receive my Bitcoin until 2 days later. There was a message saying: “Simplex, our credit card processor, are currently under heavy load. You may experience delays in processing your payment.

The 3rd transaction was completed within an hour when the service is less busy.

The price you see on Coinmama’s homepage has a huge markup because it includes the service fee of 8.5%. If you pay with cash, you don’t have to pay any more fee. But if you use your credit/debit card, you will have to pay additional 5% for Simplex, the payment processor. And that’s not all, I had to pay the currency exchange rate for my bank as well, so the transactions become so expensive. You should expect a 15% markup for your purchase.

Update: Coinmama now does their own processing which enables us to provide end-to-end support, and makes all transactions instant. The service fee is 5.50%, which is included in the prices on the website.

Conclusion

Overall, Coinmama is a legit Bitcoin exchange but I don’t recommend it because of the high fees. You should only use their service when you can’t buy anywhere else.

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CPUWin.com Review – Scam or Legit?

CPUWin (cpuwin.com) is a cryptocurrency mining solution which harnesses the power of CPU to mine Bitcoin and various other altcoins. They are also said to be mobile friendly but still it is not the activity you would want to get indulged with.

There are no returns guaranteed by this platform which is understandable because the future price of the cryptocurrencies and the mining difficulty cannot be predicted precisely. If you are looking to get started with this platform chances are you are a beginner and are on the search for an easy way to get started with mining.

To know what all to expect from this platform and make an informed decision about them read our full review which will enlighten you about everything you need to consider before getting started with them.

Company and Contact Details

This platform does not feature any kind of legal documents. We do not know the owners of this firm or the people responsible for running them. Considering the fact that they do offer free mining plan this aspect can be ignored to certain extent but remember to always start out small and when things go in your favour then you can always start scaling it up.

The support team of this platform can be reached through phone, email and contact form. They have even featured their location details.

Address – 1277 William Street, Melbourne VIC 3000 Australia

Phone – +61 3 6377 8232

Fax – +61 3 6377 8233

How does CPUWin Work?

CPUWin is said to use the computing power of the PC’s, mobile and channel them into productive task i.e., mining. Basically instead of specialised mining equipment they are using the old school approach but do remember that it carries a significant amount of wear and tear to your device.

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When the software is run on any system for loner duration of time the system will start to overheat because most of the computers are not built in way which can handle tasks like these. Furthermore there are a lot of indirect costs included like electricity and not to mention the profit sharing aspect, the users are required to share the revenue with this firm so your net profit amount is further reduced.

Unless you have access to free electricity and a spare computer it is not at all worth trying.

Returns

A few years ago when Bitcoin was dirt cheap it was easy to get them through mining. Any normal computer would have the capability to procure them but as they emerged and reached new heights in terms of price the number of participant literally exploded.

Also as the difficulty raised the number of coins per block was reduced. In current market condition assuming you have setup your farm strategically it takes a long period of time before you can reach break even point let alone profit.

If you are only relying on your personal computers or laptops to do all the heavy lifting then do not expect to make decent amount of profits.

Affiliate Program

Just like majority of the online platforms out there this firm also features an affiliate program. Any individual who has access to consistent web traffic can promote them.

For every successful conversion the affiliates gets paid 20% of the deposit amount made by their referrals. The promoters are most probably not required to be an active investor but since they do offer free plan it is not something which you should worry about.

Domain Insight

A search on whois.com reveals that this domain was registered on 22/04/2020 and it expires on 22/04/2020. Actual registrant contact details are masked because they have enabled privacy protection services.

In terms of popularity this website is indeed an impressive one. It currently ranks 18,153 in Japan and has a global rank of 56,361 They have used ad networking sites to promote their platform. Most of the users landing on this website are from Japan, Iran, India, United Kingdom and United States.

CPU Win Review Conclusion

CPUWin offers an easy way to get started with mining but it comes with a cost. The current mining pools they are indulged with are Bitcoin, Ethereum, Litecoin, Dash, Monero and Nem. Try them out for a few days if you are truly interested so that you get an idea of how it works and then you can decide whether you want to get involved in mining at a large scale or not.

Remember that some users have terrible experience with them, below we have gathered the opinions of real users who have expressed their opinions on popular forums like Trustpilot.com .

Ok guys i have waited for CPUwin withdrawal (threshold)almost 5days, either could not contact through their contact due to send button is not working or it is disabled by the site/ i came to a conclusion this site is not paying do not invest with this site its waist of time

The billion coin review – is it scam?

Cryptocurrency is a sure way to the future. Nevertheless, many fraudsters want to make a profit from the cryptocurrency. The Billion coin scam can be one of this scams you don`t want to participate. What is the Billion coin scam?

The billion coin review – is it scam?

The Billion coin has an abbreviation in the internet TB. It`s not the best idea to take a short name of the campaign as TB. If you input TB into the Google search, you will find Tuberculosis symptoms and treatment on the first page instead of thebillioncoin.com. The Billion coin stands for the new cryptocurrency.

What is so special in the Billion coin wallet? This cryptocurrency always goes up no matter the reasons and the logic of the market. It`s too nice to be true. The Billion coin can create a new dream for a regular person. It promises to new members to become milliners in no time. Still, most of the new members do not understand the basics of the cryptocurrency.

The billion coin review – is it scam?

Cryptocurrency is free from bonds of countries or banks, but it`s still dependent on the rules of the market. The cryptocurrency assesses the market at any given time. Therefore, it`s price will go up and down depending on the conditions of the market. The Billion coin shows that their currency will always go up beyond any reason.

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