TemCoins is a relatively new brand we need to review. They promise investors large profit returns very quickly. But our investigation points in the direction of a potential fraud case. Is TemCoins another Scam? Sadly…Yes.
Its one things call anything a scam. So its important we share with our ready WHY this program cannot be trusted. We believe its imperative for trader safety. This way, more people who’re thinking going this questionable crypto system can learn the truth.
Upon investigating TemCoins.com, we found several scamming factors we didn’t like. Interestingly enough, these “scammy” qualities are very similar to most fraudulent ICOs we’ve already reviewed. And because our team has diligent investigated countless ICO frauds, we know what to look for.
In the case of TemCoins, the lies and tricks they use are all the same. The following review you’re about to read will expose all the details. Specific lies about fast profits and easy money. Lest review.
TemCoins Review – Full Scam Warning!
Lets elaborate exactly what we’re dealing with. TemCoins is an ICO, meaning Initial Coin Offering. Basically what this means is you invest money with them. And in return, they ‘mine’ cryptocurrencies like Bitcoin and other altcoins for you as a returned profit.
Sounds very simple, however TemCoins isn’t that simple….nor are they honest.
Their promised results are insanely exaggerated. Ranging 10%-300% on a daily / hourly basis (Depending on which plan you choose).
But lest be real & clarify for a moment these numbers are impossible. Its virutally unethical to promise investors a fixed rate of income. This is far beyond what any legitimate company could offer. And improbable to deliver on a consistent basis as they ‘promise’.
Such “easy” wealth claims presented by TemCoins (and many scams like it) are known as ‘door busters’. Used to catch your attention and fool you into believing you can become rich very quickly without any effort.
In these situations, ask yourself this simple question: “if an ICO such as TemCoins can really generate ‘guaranteed’ & consistent 300% payouts in a matter of hours, you honesty believe such programs would be spreading throughout the internet?”. Certainly not!
Speculations are one thing, but its vital we dig deeper into this corrupt TemCoins scam. Let’s review the specifics of their illegitimate methods for manipulating beginners.
TemCoins Company (Legit?)
Because TemCoins.Com represents itself as an ICO investment firm, requiring members to invest “x” amounts of money for promised “y” returns, by law they must operate under the conditions of proper License and Regulation.
While trying to validate their operations, our team simply could not verify any certificates confirming any licenses in which TemCoins should be mandated to hold.
On their platform, there’s a section stating their ‘legally registered’ in the U.K. Unfortunately that doesn’t solidify any LEGAL validations either.
Who Created Crypto Income Limited?
I like calling these type of people “faceless scammers”. Because in all honesty we have no idea who’s behind this TemCoins app.
If you step back for a moment, you’ll realize the entirety of this TemCoins program contains no useful directories. They’re described as team of “professionals” with collaborative experience. But nothing which discloses any developers, founders or CEOs.
Why don’t they disclose their identity so investors can feel comfortable knowing whom they’re dealing with?
Almost every scam you can imagine either creates fake aliases or keeps quiet altogether in efforts to maintain anonymous as these criminals profit from your losses. TemCoins is just another vague scam hiding in the shadows to disguise their shady activities.
Remember transparency is important when you’re about to “invest” your money. Traders should fee comfortable & safe in their decisions. Yet the level of mysteriousness surrounding this software simply beckons more suspicions rather than approval.
Fake TemCoins Result
As we briefly mentioned before, TemCoins makes some bold statements regarding astronomical profits & returns. Just imagine TemCoins delivering 300% in 3 hours on your initial investment? That’s a lot of money! Its impressive, but highly unlikely.
Don’t forget the value of bitcoin, ethereum & other Altcoins are constantly moving up and down. Yet. these scammers ‘guarantee’ consistent returns of high amounts. However these promises are unrealistic because of never-ending market fluctuations.
If you think about it, if their results were real, there would tons of wealthy investors all over the internet accredited to TemCoins. But to this day we’re trying to find any happy members pleased with their services. So far the number of people who joined are NOT satisfied.
TemCoins Ponzi Scheme
There’s more beyond phony claims and unregistered companies happening throughout the TemCoins Scam. Like most fraudulent investments, their main goal is to accumulate as much money from registrations possible, then run away with at your expense.
TemCoins.Com also contains an affiliated program where traders can recruit other people to join. In return, you will receive a percentage from their deposits. Their system is set up with different entry levels and downlines. Basically sharing similar characteristics of a Pyramid/Ponzi Scheme.
In reality, these crooks do NOT really mine cryptos for you. Instead they profit from your deposits, & promote their services in the form of affiliations to gather more victims. Allowing them to profit from your losses.
Still Joining TemCoins?
The main reason why we’re debunking this rotten ICO scam is because of trader feedback. As we’ve already covered earlier, their results are unreachable. But worse, traders are NOT begin paid their dues.
That’s right folks, this unlicensed fraud has reportedly been refusing to pay various members their obliged withdrawals. Many cases of these withdrawal payments being denied, pending statuses or ignoring requests entirely are becoming known more & more. While there are many traders who are being paid, there are many others reporting payment refusals.
Sadly, too many traders have been victimized by this bogus mining system, informing us how they’re not provided ant quality service. They are literally stealing member’s money and filling their own pockets.
This reason alone is more than enough cause which motivated us to warn others about this damaging software. Hopefully today’s TemCoins Review will help prevent further losses from innocent investors.
TemCoins Review – Summary & Helpful Tips
Finalized Review Judgement: If you ask our opinion, TemCoins is as rotten as all other blacklisted ICO. Therefore our conclusion is simple. Don’t waste your money!
(Top Easy App for Beginners! Regulated Brokers! Earn Money Daily)
Finding a safe trading app can be exhausting for rookie investors. Especially if you don’t know where to look. At Prestige Binary Options, we have you covered! Stay informed with our daily updated scam list. And don’t forget about our section of best trading apps containing various choices of autotraders & educational resources.
We thank our readers for taking time in reading our indisputable & honest TemCoins Review. Hope it helps others from falling for this shady scam. Please comment below by sharing any feedback, input and dealings you might have with this faulty ICO App.
Questions or General Inquiries? Email Paul – email@example.com
Stay Informed on scams and new opportunities by subscribing to Prestige Binary Options YouTube Channel, ‘Like’ us on Facebook, and follow us on Twitter & Google Plus! We do our best in providing Comprehensive reviews with unwavering facts and personal trader relations.