Applecoin live Review Update: Here's another scam that tried to use the Apple name to lure naive investors.
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Have you ever wondered whether Apple can do Cryptocurrencies? Well, even if they incorporate something that comes close to Cryptocurrencies, rest assured that it won't be anything similar to Applecoin live scam. Applecoin Live is trying to tell investors that their operation is associated with the technology giant because they know that a few gullible victims will buy the story.
What is Applecoin Live? According to the site, Applecoin live is a peer-to-peer coin that runs on the blockchain technology. The site is operating like an investment platform because they have an internal exchange where their clients can buy and exchange fiat for Apple Coin and vice versa.
When we peruse the site more carefully, we find a couple of promises coming directly from the site owner. They claim that funds are insured and it's as simple as opening an account, depositing funds, predicting the future direction for the price of Applecoin before collecting profits same day.
By the way, this kind of operation suggest that Applecoin platform is operating like a broker, and that means they need licensing to be able to legally operate a brokerage platform. So one of the reasons why this platform is actually a scam is because it is not licensed or regulated by any governing body. So think about this – scammers are talking you into buying a worthless coin with real money and asking you to trade it in their internal exchange with the promise of earning a ROI.
And why would this website impersonate Apple Inc? They claim that they are associated with the Tech giant. But there is no evidence at all. This is most likely a scam from what we can see on their homepage. Before you throw away your money into the hands of these scammers, read this detailed review first.
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The main function of this platform is to allow traders trade Apple coin. They are claiming that in the last 24 hours, they've handled more than 1,600 transactions and that they are recording 21 transactions every hour. If you monitor these numbers for a couple of days, you will notice that they are static, meaning that they neither reduce or increase. So this means that Applecoin Live is actually lying about their numbers, plus the figures cannot be verified at all.
They claim that they are a team of expert Forex and Crypto currency traders. Again, this is a claim we cannot verify because even the owners of this dubious website are anonymous. They are also alleging that Applecoin live is mining Bitcoins. Is it true that an obvious scam like this one can mine BTC for real? Of course this is just a dream, and a bad joke to tell investors. The site does not have any mining equipment or mining hardware. They are not even giving us any hint of where their data centers are located at.
The main feature that is being touted here is their cloud-based bot for trading Crypto currencies -specifically Apple coin. The performance of this robot cannot be tested and verified. The site does not allow us to test any of their services without first investing some funds into the bogus scam.
So that means we have lots of red flags. They also claim that all major Crypto currency exchanges are supported and users can back test and live trade as well. You have to understand that this does not imply any credibility. Even if they have an in-built function that integrate their exchange with others, we still have no guarantee that this fake brokerage will rip us off.
By the way, the site claims that they are also providing access to a market place where we can buy and sell trading strategy. The question is this – Applecoin Live already lacks authenticity. So how can they provide something like this and expect us to trust them?
And for the most part, the site is mixed in English and another foreign language. We wonder what purpose they were trying to achieve by mixing up languages. Already it's clear that the site does not have a good intention. For that reason, we don't believe that anyone who places their funds with the anonymous site operators will be able to get it out. It's going to be very hard for that to happen – even impossible.
It is worth taking note that the owner of this site is mysteriously anonymous, and they are actually using stock photos and falsified names to represent the owner. This is intentional. Besides lacking transparency, the site is intentionally lying about the owners, and this is clear evidence that Applecoin live is all about scamming users and nothing else.
Secondly, if you look at the footer of the site, you will find some fake badges which they are using to imply credibility. These badges mean nothing, and as you can see, they can't be clicked to lead us to any reliable source of information. Again, this is proof that the scammers are taking us for a ride. You cannot really trust an operation like this one simply because they are using misleading information to fool naive investors. If they can find an investor who doesn't know the difference between Apple and Applecoin live, they can simply fleece his entire bank account if given the chance to.
As it currently stands, we don't know the owner of this dubious operation because even the domain was anonymously registered. This is yet another sign that we are dealing with a scammer. Apart from this, there is no information about Applecoin live. The whitepaper is mediocre at best. We've seen this kind of thing many times before while doing similar reviews.
The site is all about trading bot which is hosted on a server. If a reliable trading bot is what you want, go here. As we close this review, we want to warn you not to initiate any form of activity with Applecoin Live.
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