Coin-shib.org Review - Legit or a Scam?

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Coin-shib.org (Shibatoken)

An investment platform

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Coin-shib.org is presented as a new investment platform promising investors over 21.77% returns on their investment daily. The platform offers various investment plans tailored to suit different investment capital levels. While it claims legitimacy, questions arise regarding its authenticity.

 

Want to give this investment platform a try? Here's link to the website

https://coin-shib.org/#/



How Does Coin-shib.org Work?


Despite prominently featuring Shiba Inu token logos, Coin-shib.org only accepts investments in USDT. To begin, users must sign up using either an email address or mobile number along with a password. Upon registration, users receive a new account with a reward of 67 USDT (which cannot be utilized). To commence investing, users navigate to the platform's "Quantify" section, where different VIP levels are displayed, ranging from VIP 1 to 5 and beyond. Unlocking VIP 1 requires a minimum deposit of 13 USDT, offering a daily return of 3.25%. Balances ranging from 48 to 159 USDT automatically upgrade users to VIP 2, providing an 8.68% daily profit. As balances increase, the system dynamically adjusts the VIP level.


Coin-shib.org Referral Program:


Coin-shib.org features a referral program spanning three levels: Level 1 includes personally invited users, Level 2 comprises individuals invited by Level 1 users, and Level 3 consists of individuals invited by Level 2 users. Commissions are earned from deposits made by referrals across all three levels.


Coin-shib.org Deposit and Withdrawal:


Users can only deposit USDT TRC20. Withdrawal minimums vary based on the user's VIP level, with VIP 1 requiring a withdrawal of 2.6 to 9.98 USDT per day.


Coin-shib.org Payment Proof Check:


No payment proofs have been found to substantiate Coin-shib.org's reliability. Due to its recent establishment, the lack of payment proof raises concerns regarding the platform's credibility.


Coin-shib.org Launched Date Check:


According to WHOIS data, Coin-shib.org was launched on April 29, 2024.


Coin-shib.org Business Certificate Check:


No business certificates have been identified for Coin-shib.org. Operating without certification raises significant red flags, indicating a lack of regulatory oversight.


Coin-shib.org Physical Office Address Check:


Coin-shib.org operates solely online without a physical office, limiting avenues for communication or recourse for users.


Coin-shib.org Founder Identity Check:


The founder's identity remains undisclosed, suggesting a lack of transparency and raising doubts about the platform's integrity.


Coin-shib.org Staff Identity Check:


Similarly, Coin-shib.org does not provide information about its staff, further obscuring accountability and legitimacy.


Coin-shib.org Customer Support Check:


Customer support services are notably lacking, with no guarantee of adequate assistance to address user concerns.


Coin-shib.org Users' Experience Check:


Despite its shortcomings, Coin-shib.org offers a user-friendly interface, facilitating navigation and interaction with the platform.


Coin-shib.org Legitimacy Check:


Coin-shib.org exhibits characteristics of a Ponzi scheme, with numerous red flags indicating potential scam activity. Users are cautioned to invest only what they can afford to lose, as there may be no recourse in the event of losses.


Final Verdict:


Investing in Coin-shib.org entails significant risk, and users should exercise caution. With its dubious legitimacy and potential for financial loss, it is advisable to approach the platform with extreme care and skepticism.

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