Welcome to our Coinbase Service Review!
There has been some buzz about this company so we decided to investigate what it was all about…
Some say it’s a scam while others Coinbase Service reviews are saying legit so what is it?
The good news is I am going to walk you through the company, products and compensation plan so you can make the right decision.
Let’s dig in this Coinbase Service review…
Coinbase Service Review
THE website domain coinbaseservice.com of Coinbase Service was privately registered on 16th October 2017.
They have provided a UK incorporation certificate on the Coinbase Service website that corresponds to Coin Base UK Service Limited.
Coin Base UK Service Limited was incorporated on October 26th, 2017.
The sole Director of the company is listed as Richard Walsh with an office address in London.
Tyrone Lynch is their founder as claimed on their website by Coinbase.
There is no information outside of the incorporation that links Tyrone Lynch or Richard Walsh to Coinbase Service. It raises the question of whether they actually exist.
The other three corporate photos on the Coinbase Service website are stock images used in the CroBiz WordPress theme.
If an MLM company does not reveal who owns or runs it, think twice before joining and/or investing any money.
Products of Coinbase Service
There are no retailable products or services offered by Coinbase Service. The affiliates are only able to market Coinbase Service affiliate membership itself.
The Compensation Plan of Coinbase Service
Coinbase Service affiliates invest funds to receive a daily ROI.
- Basic: invest $5 to $1,000,000 to get a daily 12% ROI for 12 days (144%)
- Extender: invest $500 to $1,000,000 to get a daily 18% ROI for 10 days (180%)
- VIP: invest $1000 to $1,000,000 to get a daily 25% ROI for 8 days (200%)
Referral commissions are given out on funds invested by enlisted affiliates, paid down 2 levels of recruitment (unilevel):
- level 1 (personally enlisted affiliates): 5%
- level 2: 2%
Coinbase Service Membership
It is free to be a Coinbase Service affiliate member. However, free affiliates can only earn referral commissions.
To take full part in the Coinbase Service income opportunity, it requires a minimum $5 investment.
Summing Up
Coinbase is a popular cryptocurrency exchange founded in 2012.
Coinbase Service is a failed attempt to use the name of a reputable company to commit deliberate Ponzi fraud.
Coinbase Service claim invested affiliate funds are managed by a team of experts on investment issues. It gives you a chance to get stable profits from trading on Cryptocurrency markets.
They also assert a team of specialists is making investments in coin base UK service limited since 2015.
This is a blatant lie, as Coin Base UK Service LTD was incorporated only last month.
Moreover the company gives no evidence of cryptocurrency trading taking place.
New affiliate investment is the only verifiable source of revenue entering Coinbase Service. Using it to pay existing affiliates a ROI makes Coinbase Service a Ponzi scheme.
The website uses an existing WordPress template.
Like all Ponzi schemes, once affiliate recruitment slumps, so too will newly invested funds.
Coinbase Service’s ROI revenue will starve, ultimately prompting a collapse.
Anyone who can generate a legitimate 25% daily ROI wouldn’t be wasting their time launching Ponzi schemes.
Coinbase Service has been launched to lure gullible investors and steal their money as quickly and easily as possible.
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