Is It Safe to Invest In Platincoin? What is Platincoin, Platincoin Registration Packages, Withdrawing Cash Earnings, and All You Need to Know
The internet today is filled with several cryptocurrency-based businesses and Platincoin is one such business using crypto to pay its investors and encouraging more persons to key into the cryptocurrency ecosystem to tap into the power of blockchain technology in other to create wealth for themselves.
In this article, we will be looking at what is Platincoin, the business model of the company, is it safe to invest in platincoin and its packages plus other information available about the company.
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Note: this is not financial advice and you are encouraged to do further research if you wish to join them and also note that we are not in any way affiliated with the company neither is this a paid review.
What is Platincoin
Platincoin(PLC) is a cryptocurrency mined by members of the Platincoin platform through the use of smartphones in a process called minting by the company. To start minting PLC, a person has to invest in the company by buying and of the available plans which include;
- Rs. 12000/_£120: Only PLC Farm – Capacity 74 PLC Maximum load.
- Rs. 120000/_£1200: PLC Farm Capacity 740 PLC Maximum load + 2 block places + 200 donation point
- Rs. 600000/_ £6000: PLC Farm Capacity 3700 PLC Maximum load + 6 block places + 1000 donation point.
- Rs. 1200000/_£12000: PLC Farm Capacity 7400 PLC Maximum load + 12 block places + 2000 donation point
After purchasing any of the plans for the above price, then you can start minting PLC with your phone on daily basis and making withdrawals through any of your choice cryptocurrencies.
Is It Safe to Invest In Platincoin
Platincoin uses MLM(multi-level marketing) strategy or business model to run its business hence whether it is safe or not depends on you as an individual plus the stability of the coin is not guaranteed (just as seen in all cryptocurrencies) the coin goes up and down and the possibility of sustainability in long term is not guaranteed because of the business model behind the coin and company.
Another factor here is the fact that the founder of this company PlatinCoin has been linked to being one of the top-earners of the now sunken One Coin which had faced legal lawsuits in Switzerland and Nigeria and some other countries. Hence, he left One Coin and started the same business model with his own company(this claim is not verified but is best to trade with caution).
Finally, Although so many persons claim that this coin and its platform has the potential to pay passive income up to 30% continuous income from your smartphone for the next 10 years, it is still not certain as to how good an investment it is when placed on a scale with other cryptocurrencies which are well established with meaningful world problems to be solved.
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Do you think this Platincoin has a future in the coin market?
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