Welcome to the Coinflare.biz review. In the review we will cover this HYIP program and outline in detail what this program offers. Is the program currently paying or is it a scam? Let’s find out.
What is Coinflare.biz:
Cryptocurrencies are the world’s most widely used alternative ways to pay with a total market cap of over $250 billion. Coinflare is a revolutionary part of the cryptocurrency ecosystem. It is how an investment infrastructure should work. The platform gives you the power to quickly get the most profit out of cryptocurrency trading industry with a seamless, safe, and secure environment. Coinflare is a web and platform created in 2020 to provide simple Bitcoin and altcoin investment with the maximum level of the investor protection and efficiency.
Coinflare.biz Review – Investments:
0.15% hourly forever (deposit can be returned after 24 hours with a 5% commission)
Coinflare.biz Technical Analysis:
Registrar: NameCheap Domain Registered: Feb 13, 2020 20:08 – Feb 13, 2021 20:08 Hosting: Nic.ru IP: 220.127.116.11 (1 Total HYIPs / 1 paying) SSL: Sectigo RSA Domain Validation Secure Server CA valid from 14 Feb, 2020 to 14 Feb, 2021 – Sectigo Limited NS servers: ns3-l2.nic.ru, ns4-cloud.nic.ru, ns4-l2.nic.ru, ns8-cloud.nic.ru, ns8-l2.nic.ru
What does Coinflare.biz look like?
Coinflare.biz Paying/Scam Status:
In this paragraph you will find the status of Coinflare.biz on several other high-quality HYIP monitors such as HYIP-Logs.com and HYIP.biz
Please, be reminded that if any of these monitors show a warning (scam status) the program is likely to be a scam and not paying its current investors.
What is a HYIP program?
HYIP stands for High-Yield Investment Program. They have been around for a long time, and are not anything new to Bitcoin or cryptocurrency.
A HYIP is essentially a Ponzi scheme – more often than not, a scam. It involves paying returns to earlier investors with money invested by new investors. As a result, some do walk away with a positive return, if they get in early enough. However, it’s not a sustainable model. Once new investors stop coming on, the cash flow stops, often leaving a large number with significant losses.
To generate a high return, HYIPs often involve investors’ money put into high-risk ventures, such as day-trading stocks or bonds, or sports betting. A Bitcoin HYIP can work the same, except with Bitcoin or another crypto as the investment currency. Those running HYIPs are looking to benefit from an increased willingness to invest from crypto holders, as well as the cross-border payments enabled by cryptocurrency.
One common variation of the traditional HYIP in crypto is investing in a “mining pool”. The idea of this is to put money towards a cryptocurrency mining operation, with the mining rewards paid out to members. Often times these are fronts for a Ponzi scheme, though in some cases they can be real. (source: https://usethebitcoin.com/guide-to-bitcoin-hyip/ )
Our Investment in Coinflare.biz
Please be reminded that we have currently not invested in this program and we can only conclude the status of this program from various other monitors. If you are the admin of this program, feel free to contact us to upgrade your listing and add advertisement to our blog.
Coinflare.biz Review: Conclusion
From the above monitoring status, we can conclude that the program called ‘Coinflare.biz’ is currently paying its investors and is safe to invest in. Please be reminded never to invest more than you can afford in a program, especially in the HYIP business. We hope this expertise Coinflare.biz review has given you more information on this program so you can decide whether or not to invest in this program. Follow us on social media and visit this site regularly for more reviews of the best and top paying hyip programs of 2019 and 2020.