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MinePlex Cryptobank Review
MinePlex is engaged in issuing its own tokens. The company is registered in Singapore, as there is an entry on the website. There are few reviews about the project, so we conducted our own analysis of the project. From this review, you will learn how to buy mines and why to do it. We will tell you about the questionable points that an inexperienced investor does not pay attention to.
Official website https://mineplex.io/
Company Name MinePlex
Field of activity/investments Own tokens
Additional services Consulting
There is no license
Yield Up To 20%
Payments At the request of the client
Contacts Email: [email protected]
Social Networks: Telegram, Facebook, Twitter
Conditions for investors
MinePlex is a mobile bank with a liquid token. The company combines a classic financial system, blockchain technology and modern services. The creators have developed a MinePlex wallet so that you can use cryptocurrency anywhere and anytime.
The way to earn money with the company comes down to staking. This is the receipt of passive income by storing and exchanging coins. At the heart of MinePlex's activities are two tokens (digital assets):
Mine. A unit of computing power of the blockchain. Its cost is 0.01 dollars. There is no volatility.
Plex. The token is issued once a minute. The price is $0.20.
There are few reviews about the project on the web. To find out more, we contacted the manager. To be fair, he was active and quick to respond to questions. It is clear that the company is interested in new customers.
To work, you must create your personal account on the MinePlex website. The procedure is standard and does not require special skills. The next step is to replenish the balance. To do this , use:
bitcoins;
electronic wallets.
The minimum amount is $100. Then you need to buy lanes. The basic package is $299. These assets are sent to a pool (shared boiler). There is a generation of plex tokens that are traded on several exchanges.
The more expensive the package, the more bonuses and privileges it gives. After a month, you can make a profit of 20% of the value of the initial investment. The whole point boils down to the following: buy mine tokens, get others (plex) for their storage. Exchange them profitably on the mine or fix your income in cryptocurrency.
You can make a profit the next day. You just need to bring plexes to the stock exchange, sell them and withdraw profits. MinePlex plans to issue a debit card. With its help, you can pay with cryptocurrency daily and in any country.
The earnings scheme is quite confusing. It will be difficult for a novice investor to understand the details of the process. For those who have never encountered these, it is better to bypass this company.
Official website
The MinePlex web resource has a fairly simple look. On the main page, the company encourages you to join their project. The interface is translated into five languages, including English and Russian.
There are tabs on the top panel:
ecosystem;
about the project;
tokemonics;
future plans;
the blog;
team.
If you click on the “White Paper” button, a mini-book about the project of 36 sheets will appear in front of you. It contains the main characteristics of tokens, describes the principles of their operation, the advantages of MinePlex.
Just below is a section about the essence of the crypto bank and its plans for the future. The purpose of the site is to create an ecosystem that allows:
pay for purchases worldwide;
make settlement transactions on accounts;
save savings and increase capital.
Next comes the block of mentions of MinePlex in the media. For example, the Bloomberg news agency posted a note about the appearance of a new platform with a stacking function. There is a lot of technical information at the bottom: a description of the blockchain network, asset characteristics. There is a gallery of photos and brief information about the team's employees.
Network Marketing
You need to buy packages with mines through an affiliate network. When registering, the manager provides a unique ID code, without which identification is impossible. Then the user can send his code to referrals. When viewing packages, you can see percentages and bonuses for attracting a customer base.
MinePlex works on the principle of network marketing. Moreover, the payment for attracting partners is more than for storing assets.
Inconvenient replenishment of the account
You can deposit your funds only with cryptocurrency or through payment systems. Such schemes are used by dishonest firms, since transactions using such technologies are difficult to track.
Submission of information
Going to the MinePlex website, we could not find the basic materials for a long time: what to buy and at what price. As it turned out, the information is not available to unregistered customers.
First you need to create a personal account, confirm your e-mail and phone number. Such conditions are uncomfortable for potential investors.
High threshold
The minimum deposit to replenish the account is $ 100. This is more than 7000 rubles. The purchase of the package will cost $ 2,999, which is a large sum. MinePlex is not suitable for experiments with cryptocurrency. You can easily lose your deposit. In a new field for yourself, it's better to start small.
Disclaimer of liability
In the documentation we found the “User Agreement". It is located in the basement of the site, in the “Legal documents" section. MinePlex doesn't want to be responsible for anything, so it came up with this regulation. The user has no choice but to agree.
If you continue to use the services, then you have no complaints. The whole text consists of similar conditions.
Negative reviews about MinePlex
Cryptobank appeared in 2020. There is little information about the company on the web
Conclusion about the project
We are sure that the project is fraudulent.
The tokens of the project are based on Ether.
We do not recommend contacting this project.
Mineplex is a scam