Our EcoCoins Review is finally out! Many of you have been waiting on it and we promised you we’d have it done. So here it is! Before you invest with this scam, you need to know the facts. The truth isn’t always as clear as it needs to be.
Before we start, please feel free to contact us for any investment advice or help to determine if a site is a scam or not. We are here to help you in any way we can. If you have been scammed in the past, we can also offer advice to help you get your money back!
Let’s get started!
Official Website: https://ecocoins.io/
EcoCoins is a high yield investment program that uses solar energy to mine for Bitcoin. Because they don’t need to spend any of their money on electricity, they claim to be able to generate higher profits from their mining machines.
They have several different investment plans, ranging from an ROI of 1.55% to 3.63% with varying time periods.
The owner and CEO of EcoCoins.io HYIP is not known. He or she made sure that his name was not attached to this business. This is a sign of a scam. We never trust any site with our money, if they don’t trust us enough to tell us who owns their site. Neither should you.
Always be careful when considering an investment with a HYIP. Not only are they incredibly likely to be a scam, they are also not regulated nor insured. This means that you are assuming all of the risks and are not guaranteed anything in return.
Most people that invest with a HYIP will lose their money. This is a fact. This is why all of the testimonial videos on the site are fake. The people featured in these videos are paid actors that read a script into the camera. Never trust a site that gives false proof!
Proof of Scam
We need to talk about the most obvious proof that EcoCoins.io is a scam. If you scroll down their website you will find a video that explains what EcoCoins.io HYIP does and how it works. The video is full of stock photos and videos stolen from other sites.
Take a look at the photo below, we captured this image from the video. The voice narrating the video claims that this photo shows their network of solar energy fueled bitcoin mining facilities complete with the people that lead them. EcoCoins scam wants you to believe that they have a large network of green energy plants that power their mining machines.
The problem is that this photo is fake. We checked into these claims and found zero proof that EcoCoins.io scam owns any mining facilities. Furthermore, all of the people in these photos are stock images from the internet! It’s ALL fake!
Now that we know for sure EcoCoins is lying about their company, how can we trust them with our money? One thing all HYIP scams have in common is that they all lie about the nature of their business.
The vast majority of HYIPs are merely Ponzi schemes that pay you directly from the investments of new members. Once the membership dries up, the HYIP closes and runs off with the remaining funds.
All HYIPs have a fake business operation that they attempt to trick you into believing. EcoCoins.io investment does not mine for BTC using solar energy. They don’t mine at all. Please remember, this site has provided zero credible proof that they are paying or that they mine for BTC.
The proof that they did offer was fake. Fake video images, fake photos, and fake testimonials.
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After examining the evidence, the only thing left to do was to investigate if EcoCoins is paying or not. We talked to our readers as well as monitored progress online. As with most HYIP scams, they are paying first withdrawals. This means that if you deposit, you will probably get your first withdrawal paid to you. However, this is not guaranteed.
Many of our readers told us that after receiving their first withdrawal, they never got their second. However, it is our view that nobody should invest with a website that deliberately lies and manipulates their investors. That is why we believe that EcoCoins is a scam.
It is possible to make money online but not by trusting a scam site! Stay safe online and as always…