STAY AWAY from CoinCredit – review

CoinCreditIn this review we explain why you should not trade cryptocurrencies with Coin Credit.

CoinCredit supposedly is a platform that allows you to buy bitcoins and other cryptocurrencies with your credit card.

The stats shown on its web suggest that the platform can make you profits, customers have allegedly made more then three million dollars in total with it.

So, where is the truth?

Beware of CoinCredit

Scam affiliationCoinCredit is not giving away any details and it is impossible to sign up right now, so we cannot test the platform the usual way. But, there is a big hint that CoinCredit is a scam.

This hint is hidden under the link to the affiliate program that will reward you for sending new clients to Coin Credit.

As you can see, the affiliate program for CoinCredit is managed by Clicks Money, which is managing exclusively scams like Automated Binary or Option Robot. This is a big red flag and big reason for us to believe that Coin Credit is just another scam.

It seems that with this program you won’t be able to really purchase and own cryptocurrencies, it seems they will just send you to an unregulated broker that will allow you to trade CFDs only.

In any case CoinCredit is not regulated, it provides an incomplete address and no regulatory information.

Conclusion

Coin Credit is associated with a scam platform, therefore we recommend staying away from it.

If you really want to trade with cryptocurrencies, try it first risk free on a demo account with a regulated broker.

We recommend using only regulated brokers and money you can afford to lose, since in trading you can make, but also lose money.

Summary
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CoinCredit
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