i-Coin is a web-based trading platform offering pyramid schemes to trade in cryptocurrencies such as Bitcoin, Litecoin, Ripple, Ethereum, and other digital currencies.
Is i-Coin Regulated?
As per the available records, i-Coin is based in Estonia. It offers four different types of accounts i.e., basic, silver, gold, and VIP accounts to facilitate trade in different capacities. i-Coin is not a regulated entity and is also not registered with any authentic association to conduct the trade activities.
Is It Safe To Invest With i-Coin?
In our thorough investigation, we found that all its payments are managed by another company named Fostira OU and it is operated under the guidance of a company named Ventura Communication Limited. Also, it levies a fee of at least USD 100 if the account is left inactive for a month. Moreover, it says it will take 10-15 days to refund the money, which is quite impractical. As it is also an unregulated entity, investing in its schemes can be pretty dangerous.
How To Protect Yourself Against Scams And Subsequent Recovery Of Money From i-Coin?
To protect yourself from fraudulent traders, you can avail of our guidance on anti-scamming strategies. You can also avail of the services of the fund’s recovery companies listed with us to recover your lost money from i-Coin.
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