Finecoin Review – All You Need To Know About This Cryptocurrency

Finecoin Review – All You Need To Know About This Cryptocurrency

Finecoin is reportedly designed to give people the power to reach financial freedom and earn passive income by investing their assets for substantial returns.

However, FineCoin has no information on their website about who owns or runs the business. The FineCoin website domain (“finecoin.io”) was privately registered on December 9th, 2017.

FineCoin claims to be “the first and safest European lending platform”, however the USD is used as a currency throughout the FineCoin website.

But FineCoin could be run by anyone anywhere. FineCoin has no retail-able products or services so affiliates are only able to market FineCoin affiliate membership itself.

FineCoin affiliate membership costs a minimum $100 investment. FineCoin has no evidence of a trading bot existing which means new investment is the only verifiable source of revenue entering FineCoin.

According to FineCoin, “FineCoin’s future goals are very clear, and some may say they are overly ambitious. We don’t make promises we cannot keep and work very hard to make sure that our goals are met.

Check Also – Finecoin.io – How it works, Reddit, Price, Contact, Road Map, Fine Coin

FineCoin Products

FineCoin has no retail-able products or services so affiliates are only able to market FineCoin affiliate membership itself.

The FineCoin Compensation Plan

FineCoin affiliates acquire FINE points from the company’s anonymous owners. FINE points are sold to FineCoin affiliates for 45 cents to $1.20 each.

Once acquired, FineCoin affiliates “lend” acquired FINE points back to the company on the promise of an advertised ROI.

  • invest $100 to $1000 and receive a variable daily ROI for 240 days
  • invest $1001 to $10,000 and receive a variable daily ROI plus bonus 0.1% daily ROI for 180 days
  • invest $10,001 to $25,000 and receive a variable daily ROI plus bonus 0.25% daily ROI for 120 days
  • invest $25,001 to $50,000 and receive a variable daily ROI plus bonus 0.35% daily ROI for 99 days

FineCoin pay referral commissions on invested funds down three levels of recruitment (uni-level):

  • level 1 (personally recruited affiliates) – 5%
  • level 2 – 3%
  • level 3 – 2%

FineCoin affiliate membership costs a minimum $100 investment. FineCoin has no evidence of a trading bot existing which means new investment is the only verifiable source of revenue entering FineCoin.

FineCoin aim to become the link between crypto currencies, but also the link between the real world and crypto currencies. Being an intermediary currency would mean any development done on any of the crypto currencies on any platform would benefit it directly.

By adopting a growing number of currencies in their platform from the crypto currency world and the real world finecoin might increase the value of FineCoin to allow it sustain the growth of it’s lending program.

 

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