{"id":17045,"date":"2021-10-18T09:53:44","date_gmt":"2021-10-18T15:53:44","guid":{"rendered":"https:\/\/money-news-online.com\/blog\/?p=17045"},"modified":"2021-11-29T07:11:08","modified_gmt":"2021-11-29T13:11:08","slug":"18-10-2021-coinconnect-review-and-daily-news-from-the-hyip-industry","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2021\/10\/18\/18-10-2021-coinconnect-review-and-daily-news-from-the-hyip-industry\/","title":{"rendered":"18\/10\/2021. CoinConnect Review and Daily News from the HYIP Industry"},"content":{"rendered":"

Beware! CoinConnect has stopped paying! Do not invest there!<\/strong><\/p>\n

Hello all, and welcome again to the oldest running blog<\/strong> <\/a>in the HYIP industry which has been covering all major events and the biggest programs run by top-notch admins since 2007<\/strong><\/em>. Remember that the best way to stay informed of all the newest and best programs is to follow MNO on Telegram<\/strong><\/a>, Facebook<\/strong> <\/a>and Twitter<\/strong><\/a>. If you like my articles just click here<\/strong> <\/a>to submit and confirm your email address to receive full updates on a regular basis. I’ve proven many times that I always try to take care of my downlines, so if you’re one of them write to me directly at abramsonp@gmail.com<\/strong> or submit your query via this contact form<\/strong><\/a>. For a speedier response use Telegram @mnoblog<\/strong><\/a> and chat with me live \u2013 I’m always happy to hear your thoughts and feelings.<\/p>\n

Overall, I’m very pleased I have stuck to my guns and keep the listing prices on the MNO monitor<\/strong><\/a> high. That actually allows to weed out the potential failures<\/strong><\/em> from the admins that only care about filling their own pockets with fast cash in favor of a more experienced group trying to actually make a difference<\/strong><\/em> with their superb runs allowing investors to actually make money instead of losing it. And I can easily count the admin of the CoinConnect<\/a> as one such person who consistently delivers great results<\/strong> <\/em>while allowing investors to determine how much profit is enough to satisfy their cravings. Just because of such people the HYIP industry seems to have been doing better lately<\/strong><\/em>, and if that requires waiting for more time to see programs like CoinConnect<\/a> pave the way and lead by example as to how to manage a successful program for a long time then I’m ready to wait. I suppose many MNO readers take the same view.<\/p>\n

Well, without further ado I would like to start today’s article with the review of CoinConnect<\/a> which I introduced<\/strong> <\/a>on my blog<\/a> last Monday and which can already be safely considered one of the hottest programs of the year<\/strong><\/em>. While so many investors have confidence in CoinConnect<\/a> and made their investments already (or are still sitting on the fence for some reason) it’s time to have a proper close-up look at this program to see what it’s all about.
\n\"CoinConnect\"<\/a>
\nThe highlight of the season so far<\/strong><\/em> is undoubtedly the launch of one of the most eagerly anticipated programs of the year to date, which we already know by now is CoinConnect<\/a>. This is mostly what I would call a perpetual or open-ended program<\/strong><\/em>, in other words once you join and make a deposit there is no fixed term<\/strong><\/em>. CoinConnect<\/a> will continue to pay you either for how ever long the program manages to survive, or for how ever long you decide to remain a member. Now whether that\u2019s going to be a day, a week, a month, or a year I really can\u2019t say. But my own first impression is that CoinConnect<\/a> is run by an admin who knows what he\u2019s doing in the industry. There\u2019s no iron-clad guarantee this will translate into success but it\u2019s a pretty good start. Anyway, let\u2019s see what it\u2019s all about and whether you like it enough to join or not.<\/p>\n

The most important aspect here is of course the investment plans<\/strong><\/em>, the basic premise for any online HYIP to be in business. In the case of CoinConnect<\/a> the investment term is left very much up to the individual investor<\/strong><\/em> to decide how they choose to handle it, with the program being a so-called open-ended perpetual style operation. There\u2019s no expiry date on investments<\/strong><\/em>, and likewise there\u2019s no compulsion for members to commit to any particular length of time beyond an initial 24 hour lock-in<\/strong><\/em>. After that it\u2019s entirely up to you how you treat CoinConnect<\/a>, be it short, medium, long term, or just stay with the program for how ever long it runs. It doesn\u2019t take long at all to see an initial profit from your investment, albeit a small one, though again it\u2019s up to yourself how to proceed as I shall explain with the numbers below.<\/p>\n

CoinConnect<\/a> operates one single open-ended term plan which pays a fixed rate 0.15% hourly<\/strong>, in turn yielding 3.6% in daily interest<\/strong>. The principal stays locked<\/strong> in the system for the first 24 hours<\/strong> and after that can be withdrawn at any time<\/strong> for a 5% release fee<\/strong>.<\/p>\n

How would that work out in practical financial terms then? Let\u2019s take a simple example of say a $100<\/strong> deposit and find out. For that money CoinConnect<\/a> are going to pay you back $0.15 every hour<\/strong>, 24\/7 for the foreseeable future. Over the course of a full calendar day that adds up to $3.60<\/strong>. Given that were you to try and leave CoinConnect<\/a> at this point \u2013 which would be allowed of course \u2013 the $5 exit fee<\/strong> will wipe out your first days profit and still cost you money, so you shouldn\u2019t really be thinking about such things just yet. Not until you are well into day two with CoinConnect<\/a> at any rate. Regardless of when you do decide to leave, all you are going to get back for your $100 deposit is $95 in total, so try and factor that into any further calculations.<\/p>\n

By the way, I should point out that the theoretical example of a \u201c$100 deposit\u201d I gave you above might be a bit misleading. I’m just trying to simplify things by using dollars, in reality you need to use cryptocurrencies<\/strong><\/em> where the actual value can flucuate<\/strong><\/em> from one day to the next. Payment options for CoinConnect<\/a> are pretty good, but they work exclusively with cryptocurrencies<\/strong><\/em> and skip the third party handlers using dollars completely. The options you have for investments allow for BitCoin, LiteCoin, Ethereum, BitcoinCash, DogeCoin, Dash, Tether, Ripple, ZCash, Tron, and Stellar<\/strong>. Minimum amounts for investing and withdrawals will vary according to what currency you are using. Since I assume most of you will be using BitCoin I can tell you that the minimum amount required to invest starts from 0.0005 BTC<\/strong><\/em> which at the time of writing is floating around the $30 mark. You can refer to the CoinConnect<\/a> website for the figures on other currencies.<\/p>\n

Generally speaking the withdrawals are be processed instantly<\/strong><\/em> but are really only guaranteed manually within 24 hours<\/strong><\/em>. Up to this point I think all my own withdrawal requests were done instantly but please take this into consideration. There are several good reasons why instant payouts need to get switched off from time to time such as account replenishment which has to happen occasionally. Also for security reasons bigger withdrawals of $100 or more will only be handled manually<\/strong><\/em> by the CoinConnect<\/a> admin, so there\u2019s no reason to panic if your request might potentially go to pending status. CoinConnect<\/a> has a minimum withdrawal policy in place<\/strong><\/em> so make sure you\u2019ve accumulated enough on your balance, otherwise you won\u2019t be able to request your withdrawal. For B<\/strong>itCoin the minimum requirement is 0.0001 BTC<\/strong><\/em>, which is around $6 at the exchange rate at the time of writing. Again, you can refer to the CoinConnect<\/a> website for information on the ten other currencies accepted if you are using any of those. You may get more favorable terms there, by which I mean the interest rate is still 0.15% per hour but you might be able to make cheaper deposits and smaller withdrawal requests depending on the exchange rates. These are all outlined in the website’s FAQ<\/strong><\/em>.<\/p>\n

If the unpredictable nature of cryptocurrency exchange rates and the absence of a dollar based payment processor doesn’t appeal to you \u2013 some see this as part of the thrill of gambling, others see it as a flaw \u2013 there is an alternative<\/strong><\/em>. I know that most of the experienced industry players will already be aware of this but I think it worth mentioning for anyone less familiar with the workings of Tether<\/strong><\/em>, one of the payment options CoinConnect<\/a> is working with. The clue being in the name, the value of this currency is \u201ctethered<\/em>\u201d to the US dollar at a rate of 1:1, in other words the exchange rate is permanently fixed. So if you want to invest $100 then simply do so by investing 100 USDT, it will always be worth $100 and the interest paid to you by CoinConnect<\/a> on your deposit will always be worth the same with no price\/exchange fluctuations. Without drifting too far off the main topic of this review, if you would like more information on working with Tether as a cryptocurrency please refer to the MNO article<\/a> posted here<\/strong> <\/a>and see if this is something you might find more useful for your own needs.<\/p>\n

As for the total earnings you can make from your investment, well that\u2019s an all but impossible question to answer. In other words, you\u2019ll get 3.6% interest every 24 hours<\/strong> until you decide for your own reasons you don\u2019t want to play anymore. That would get you around 25% net profit in a week<\/strong> and double your investment in under a month<\/strong>. Individual strategies are as plentiful of individual investors, you might have a fixed financial target in mind, perhaps a fixed date in the calendar, or in my case as a monitor decide to stay with CoinConnect<\/a> for as long as they stay online. I\u2019m not here to sway readers one way or another, but those who joined the program at the beginning with this last plan in mind are the ones who\u2019ve scooped the maximum possible amount of cash and passive profit from their deposits. But that\u2019s entirely up to you<\/strong><\/em>. Also, and I think this is a very important matter to keep in mind, when the time comes that you feel you might like to get your principal back, there\u2019s no rule saying that you necessarily have to withdraw everything in full<\/strong><\/em>. You\u2019re perfectly free to do so if you want, but you may wish to consider a partial withdrawal<\/strong><\/em>, leaving the rest in your CoinConnect<\/a> account to continue earning for you. If you\u2019re already in profit it\u2019s just one strategy to think about.<\/p>\n

While still on the subject of maximizing your earnings from CoinConnect<\/a>, I should point out that there\u2019s more than one way to earn, and it needn\u2019t cost you a cent to do so either. The the admin has decided to get more competitive by introducing a so-called \u201cBounty program<\/em><\/strong>\u201d. This is aimed at members looking to earn free funds by simply doing some promotional tasks on various social network channels<\/strong><\/em> like Twitter, Telegram, YouTube and so on. Info can be found on a weekly basis on the CoinConnect<\/a> website, just click the tab marked \u201cBounty<\/em>\u201d at the top of the home page area after logging in, so watch out for more if interested. Just be aware that if you wish to get paid for promoting CoinConnect<\/a> you\u2019re going to need an LiteCoin<\/strong> wallet, as all bounty payments go through this currency.<\/p>\n

If all of that\u2019s clear, how about some information on to get moving. Making deposits and withdrawals is largely self explanatory<\/strong><\/em> as you will see if you create an account. To invest you simply click on the button of the currency you are looking to spend, these are spread across the top of your account\/dashboard area. Then click<\/strong><\/em> the large button marked \u201cMake A New Deposit<\/em>\u201d on the right hand side. By default, the minimum amount required will appear, you just make your own adjustments to that figure if you wish. Then go<\/strong> <\/em>to the drop-down box and select<\/strong> <\/em>to either invest from this currency directly or else to invest from your account balance (if you have one). Proceed<\/em> <\/strong>from there. It\u2019s more or less an identical process when making a withdrawal, except obviously you click the \u201cWithdraw Funds<\/em>\u201d button first instead.<\/p>\n

What might be less obvious to some readers however is how to leave. So let\u2019s talk for a moment about how to release your deposit in CoinConnect<\/a>. From inside your members account area click<\/strong> <\/em>the button marked \u201cInvestment List<\/em>\u201d. This will show as you can probably guess the deposit you are holding in that particular currency. Underneath that you will then see another button marked \u201cCancel Deposit<\/em>\u201d. This won\u2019t be activated until the 24 hour lock-in period has expired<\/strong><\/em>, but on clicking this you will then be shown the maximum amount, i.e. your principal. You then enter the amount you wish to withdraw, keeping in mind what I just explained above about not being under any obligation to withdraw everything<\/strong><\/em>. After that you just click the \u201cConfirm<\/em>\u201d button and the money gets moved to your available balance<\/strong><\/em>. Then just withdraw<\/strong> <\/em>as usual from there. Should you leave anything behind in your CoinConnect<\/a> account it will continue to earn you interest every hour just as before<\/strong><\/em>.<\/p>\n

The CoinConnect<\/a> website is designed to a high enough standard<\/strong><\/em>, certainly all the important requirements you should expect from any program you join have been, especially those making fast hourly payments. It\u2019s running off a licensed GoldCoders script, though might not be recognized immediately due to some modifications which were needed to meet the program\u2019s individual requirements. On getting into your members area most regular investors already familiar with its operation will see it\u2019s lost none of the trademark user friendliness. One area where it differs somewhat from the usual GoldCoders powered programs is in the initial logging in process to access your account. On signing in you will land on a page with eleven possible dashboards<\/strong><\/em>, one for each currency used by CoinConnect<\/a>. Just click on the one you want to access first, remembering that if you have funds there via other currencies it\u2019s<\/strong> easy enough to cycle through the other dashboards<\/strong><\/em> if\/when you need to from inside your account area.<\/p>\n

CoinConnect<\/a> is hosted on a dedicated server by DDoSGuard<\/strong> <\/em>with their tech support and protection from malicious attacks. For an extra layer of protection CoinConnect<\/a> also has a superior Green Bar Extended Validation SSL encryption certificate by Sectigo<\/strong> <\/em>for safer browsing and more secure transactions. Also a welcome addition to the members area is the optional two-step 2FA authenticator<\/strong><\/em>. It\u2019s up to yourself to turn it on of course but I really can\u2019t think of a single good reason why you wouldn\u2019t want to. I mean if you\u2019ve joined CoinConnect<\/a> at all one presumes your reason for doing so was to make money. The extra layer of protection here is free of charge so please use it. The admin didn\u2019t cut any corners so neither should you<\/strong><\/em>.<\/p>\n

Communication between admin and investors is also taken care of. As always though make sure the first thing you look at is the CoinConnect<\/a> FAQ<\/strong> section<\/strong><\/em> if anything is unclear to you. Should you need to get in contact if you have any further questions or account related issues by writing directly to the admin at the listed e-mail address. You\u2019ll notice a built-in<\/strong><\/em> Live Chat widget<\/strong><\/em> on the bottom right hand side of the CoinConnect<\/a> website as well. Click on it first to see if an operator is available, it might save everyone a lot of time and effort if you can get your queries dealt with in real time there. CoinConnect<\/a> are also well connected with the most popular social media sites, keeping profiles on the likes of Twitter, Facebook, and Telegram<\/strong><\/em>. Finally on the list is the one I\u2019d be most dismissive of, namely the postal address for CoinConnect<\/a> in the UK<\/strong><\/em>, which in turn is accompanied by a telephone number. This goes hand-in-hand with the program\u2019s company registration<\/strong><\/em> in that country. You can actually check the PDF version of the UK certificate of incorporation<\/strong><\/em> if you’re viewing the “About Us<\/em>” page. Experienced HYIP players won\u2019t pay much attention to this, even though it\u2019s not without its merits when it comes to attracting newer members and therefore new money.<\/p>\n

First impressions would lead me to think that CoinConnect<\/a> has an undoubted amount of potential<\/strong><\/em> given on one hand the general albeit slow movement in the HYIP industry right now, added to my own view that it\u2019s an experienced admin who knows how to get the best<\/strong> <\/em>for everyone out of such programs. I also happen to know the program was in development a long time before the admin decided to activate it.<\/p>\n

In the interests of giving a more balanced and neutral view however, I’d also have to add that in many ways the main strength of such perpetual style payments can conversely also be their main weakness<\/strong><\/em>. I mean, if something is going to pay you every hour of every day unconditionally then why would anyone ever want to leave, but the fact is that at some point HYIP investors will eventually decide to go and in that case the worry is what happens if they all do it at the same time<\/strong><\/em>. Well, rhetorical question, I think you all know the answer there already. Still, there\u2019s no denying that programs built along a similar business model to CoinConnect<\/a> have had some absolutely exceptional runs in the past, going back several years in my memory anyway. Will this be one of them? There\u2019s no reason why it can\u2019t succeed as I’m confident the admin has enough experience in his field to plan for such things<\/strong><\/em>. Still, it\u2019s probably best to avoid predictions, take it one day at a time, and be sensible.<\/p>\n

So just to tie things up, as for the alleged business activities of CoinConnect<\/a>, it\u2019s claimed that they are involved with cryptocurrency and digital asset trading<\/strong><\/em>, though as always I\u2019d suggest you not take it too seriously as there\u2019s nothing there to actually prove it. And even were this to be true, it still doesn\u2019t make it a guaranteed profitable venture. So even if it looks good to start with, remember that the risks are still there<\/strong><\/em> so it\u2019s essential that you at all times stay within a sensible spending limit<\/strong><\/em>, and always try and diversify your portfolios.<\/p>\n

So what do you guys think?<\/strong> <\/em>If you\u2019ve already come to a decision about whether CoinConnect<\/a> is suitable for you or not then perhaps you wouldn\u2019t mind sharing with the other readers and answering the following poll. Remember it\u2019s 100% anonymous and untraceable, and will eventually tell us how many people were right to go with their first impressions of the program either for better or worse. It can also indicate what standards people expect from a HYI website before they are prepared to part with their money.<\/p>\n

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Will you make an active deposit in CoinConnect<\/a>?<\/strong><\/p>