Earn more cryptocurrency by only sign up on QOINPRO....Scam or Real??

in #review6 years ago (edited)

Hey guys It's Yaami here with a crypto currency faucets site name QOINPRO. Today I am going to talking about this site. In this post I am going to discuss about this QOINPRO scam or real ..
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What Is QOINPRO?

QoinPro is one of the crypto currency faucets which are called scams by some, but the actual scam/legitimate status of which is difficult to define. The description which fits this operation best is arguably one provided by one of the bitcointalk posters, who chimed in on the thread about QoinPro. He called it a “waste of cyberspace” and indeed, from a profit-oriented crypto currency enthusiast’s perspective, that’s precisely what it is.

The operation itself is indeed legitimate, in the sense that the company listed in the About Us section of the site does in fact exist. Other than that though, nothing at QoinPro makes any sense.

Their offers on only sign up!!
In name at least, it is a wallet service, which hands its clients some virtual currency for free every day. That’s right. One isn’t even required to make use of the wallet service. Signing up is free and as soon as one completes the registration process, he is ready to start receiving minute, trace amounts of Bitcoin, Feathercoin, Dash, Litecoin, Peercoin and Virtacoin every day. Digitalcoin, Dogecoin, Earthcoin and Infinitecoin unlock once a specific period of time passes. To unlock the final coin the Worldcoin you must get credits.

According to qoinpro.com, “credits can be used for unlocking features or coins. For every SMS you sent, you will receive 10 credits in your account. You can send as many SMS messages as you like. The cost for the SMS is automatically charged as a one-time fee to your phone bill.”
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That’s not the only way one can earn virtual currency through QoinPro though. Following registration, every QoinPro member gets a unique referral link, which he can use to bring others into the fold. For such referrals, one will then receive a given percentage of the coins his referred peers earn. This referral system goes 7 levels deep, but its earning potential shouldn’t be overestimated: according to forum posts from actual QoinPro “clients,” nothing ever amounts to anything with any sort of significance at the site.

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About QoinPro

Company Information - QoinPro Limited
Official incorporation information:

The QoinPro Platform was conceptualized in December 2013. Step one was completed on January 23, 2014. The public beta of step one launched on January 28, 2014 and QoinPro successfully incorporated on February 21, 2014.

Step two added online wallet functionality and was launched on September 1, 2014.

Refer to the table below for a quick overview of our information.

Company Name: QoinPro Limited
CR Number :2040178
Place of incorporation :Hong Kong S.A.R.
Incorporation Date: February 21, 2014
Business Registration Number: 62774936-000-02-14-0
Business Address: 1206, Eastern Commercial Centre
397 Hennessy Road - Wan Chai
Hong Kong S.A.R.
CEO / Managing Director: Wouter van der Schagt ([email protected])

QoinPro Reviews:

The funny thing is that back when the bitcointalk.org thread for the operation was launched, in February 2014, some users actually asked about the business model of the faucet. The main promoter then told people they had very concrete monetization plans for the future and that the money they were handing out on a daily basis, came from certain private investors. Unfortunately, nothing became of that dangled business model and people slowly but sure grew disillusioned with the operation, for several reasons.

First of all, the pace of accumulating crypto-currencies through this obviously unsustainable model, was too slow for most. Secondly, no one seems to have ever withdrawn any coins from QoinPro. Whenever someone attempted to make a withdrawal, the wallet address to which the withdrawal was supposed to head was deemed to be “not validated.” The bottom line is that even those who have a “balance” at QoinPro, only have it in name. There is no actual money there. That would indeed explain how the operation has managed to survive this long, and how its business model is in fact indeed sustainable.

The question inevitably arises though: what exactly do the people behind QoinPro stand to gain from this setup then? Some have speculated that the operation is nothing more than a funnel to collect the email addresses of those interested/involved in the crypto currency vertical, to then re-sell them for targeted marketing. Logically, that may indeed be the driving force behind it all, as nothing else seems to make any sense.

Bitcointalk.org has provided an accurate picture of the evolution of the operation over the years. From its beginnings, when people were still enthused about its offering, to present day, when it is widely regarded as useless at best and as a scam at worst.

Reddit has a few threads on QoinPro too, and none of them are kind to the operation. The conclusion drawn through all these channels seems to be that QoinPro is indeed utterly useless.

So is QoinPro a Scam?

While the main pitch of the site may seem to be too-good-to-be-true at first glance, at a closer look, it is not really that. There is no cloud mining, HYIP or pyramid scheming involved, and it doesn’t look like these guys are out to steal people’s money.

The QoinPro site does feature an About Us section, which offers plenty of information on the company and people behind the operation.

Based in Hong Kong, QoinPro Ltd. has been launched in February 21, 2014. The company address is 1206, Eastern Commercial Centre, 397 Hennessy Road – Wan Chai, Hong Kong S.A.R. QoinPro Ltd. is in fact registered in Hong Kong, under the business registration number 62774936-000-02-14-0. The Managing Director of the operation is Wouter S. van der Schagt, who had founded a couple of webhosting companies in the Netherlands and Hong Kong, before QoinPro.

First registered in January 2014, the qoinpro.com domain name does indeed belong to Wouter S. van der Schagt, and the registrant information is public. The global Alexa rank of the site was 94,556 at the time of writing, which makes it surprisingly popular indeed, especially in Nigeria, the US, India, Russia, and Brazil among other countries.. The authority rank of the domain is 35/100 and it doesn’t seem to have a spam score attached.
QoinPro Review Conclusion
QoinPro is in a special league of its own when it comes to legitimacy. The operation is not a scam is the classic sense of the concept, as it doesn’t actively steal people’s money. It is quite useless however, and as some have speculated, it may be nothing more than an intricate ploy to collect email addresses from those involved in the crypto currency industry.

feedback we received from QoinPro users strongly indicates that QoinPro is a SCAM. They may be stealing money from their users. Remember, even if you do open a free account with them, we would NOT recommend sending them any money!

Review Verdict: QoinPro is a SCAM

Source :https://www.scambitcoin.com/qoinpro/

Go there and check comment section for more prove about QOINPRO scam..

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