AI-Coinbase Review: Is It Legit or a Scam?
AI-Coinbase is a new platform making headlines due to its suspicious nature and overly lucrative promises. The platform claims to provide high returns through “quantitative trading” but lacks transparency in ownership and operations.
In this review, we’ll explore whether AI-Coinbase is a legitimate investment opportunity or just another Ponzi scheme.
What is AI-Coinbase?
AI-Coinbase markets itself as a cryptocurrency investment platform that offers daily returns on investments made using tether (USDT). These returns range from 23% to 45% per day, depending on the plan. The platform claims these profits are generated through advanced quantitative trading, though it provides no verifiable proof of this.
Additionally, AI-Coinbase has two known website domains—ai-coinbase.cc and ai-coinbase.com—both registered in late September 2024. Both websites were registered with fake details, adding to the concerns surrounding the platform. Furthermore, AI-Coinbase misuses the branding of the well-established cryptocurrency exchange, Coinbase, but the two are unrelated.
Red Flags to Watch Out For
Several signs make AI-Coinbase appear dubious, including:
- No Ownership Information: There is no information available on the people or company behind AI-Coinbase, raising suspicions about its legitimacy.
- Fake Website Registration: Both website domains were registered with bogus details, typical of platforms that intend to scam investors.
- Regulatory Warnings: The Central Bank of Russia issued a pyramid fraud warning against AI-Coinbase on October 7th, 2024.
- No Products or Services: AI-Coinbase does not offer any real products or services to sell. Instead, affiliates are encouraged to recruit others into the scheme, which is indicative of a Ponzi scheme.
AI-Coinbase Compensation Plan
AI-Coinbase’s compensation plan is structured around affiliate investments in USDT. Affiliates can choose from various investment plans, each promising a daily return for 365 days. Below is a breakdown of the investment plans and their returns:
| Plan | Investment Amount (USDT) | Daily Return (%) | Duration |
|---|---|---|---|
| C-01 | 12 – 50 | 23% | 365 days |
| C-02 | 51 – 300 | 25% | 365 days |
| C-03 | 301 – 800 | 28% | 365 days |
| C-04 | 801 – 2000 | 30% | 365 days |
| C-05 | 2001 – 5000 | 33% | 365 days |
| C-06 | 5001 – 10,000 | 34% | 365 days |
| C-07 | 10,001 – 30,000 | 37% | 365 days |
| C-08 | 30,001 – 80,000 | 39% | 365 days |
| C-09 | 80,001 – 200,000 | 42% | 365 days |
| C-10 | 200,001 and above | 45% | 365 days |
| VIP1 | 100 | 25% | 10 days |
| VIP2 | 100 | 28% | 30 days |
| VIP3 | 500 | 38% | 60 days |
| VIP4 | 1000 | 42% | 180 days |
| VIP5 | 5000 | 45% | 360 days |
Referral Commissions
AI-Coinbase offers a unilevel commission structure for referring new members to the platform. Affiliates earn commissions based on the investments made by their recruits over three levels:
| Level | Commission Percentage |
|---|---|
| Level 1 | 10% |
| Level 2 | 3% |
| Level 3 | 1% |
Downline Investment Bonus
Affiliates can earn additional bonuses based on the total downline investment generated within a rolling 24-hour period:
| Downline Investment (USDT) | Bonus (USDT) |
|---|---|
| 500 | 18 |
| 2000 | 88 |
| 5000 | 288 |
| 10,000 | 888 |
| 30,000 | 2888 |
| 50,000 | 8888 |
User Experiences and Warnings
Many users have reported difficulties withdrawing their funds from AI-Coinbase, a common tactic used by Ponzi schemes to retain funds until they inevitably collapse. Additionally, the claim that clicking a button in the app triggers quantitative trading has been widely criticized as nonsensical. This suggests that the entire platform is a façade, with newly invested funds being used to pay earlier investors.
Our Opinion: Is AI-Coinbase a Scam?
AI-Coinbase bears all the hallmarks of a Ponzi scheme. The platform’s absurdly high promised returns, lack of transparency, and regulatory warnings all point to one conclusion: AI-Coinbase is not a legitimate investment opportunity. The fact that it misuses the name of a reputable company like Coinbase only serves to further the deception.
Like other Ponzi schemes, AI-Coinbase will likely operate as long as it continues to recruit new investors. When recruitment slows down, the platform will collapse, leaving most investors empty-handed.
Why It’s Important to Be Cautious
Scams like AI-Coinbase prey on people looking for easy money. However, the reality is that schemes offering such high returns with no explanation or transparency are almost always fraudulent. Here’s how you can protect yourself from scams like AI-Coinbase:
- Research the company thoroughly: Look for official ownership and reviews.
- Verify the returns: If returns seem too good to be true, they probably are.
- Beware of recruitment schemes: If the platform relies heavily on recruiting new members, it’s a red flag.
- Check for regulatory warnings: Platforms flagged by financial regulators are almost always fraudulent.
Conclusion
AI-Coinbase is a Ponzi scheme masquerading as a cryptocurrency investment platform. It offers outrageously high returns, has no products, and relies solely on recruitment to survive. Given the regulatory warning and the numerous red flags, it’s clear that AI-Coinbase is not a legitimate platform. Investors should stay away from this platform to avoid financial losses.
FAQs
- What is AI-Coinbase? AI-Coinbase is a cryptocurrency platform that claims to offer high daily returns through quantitative trading.
- Is AI-Coinbase related to Coinbase? No, AI-Coinbase is not affiliated with the cryptocurrency exchange Coinbase.
- Is AI-Coinbase a Ponzi scheme? Yes, based on its structure and promises, AI-Coinbase operates as a Ponzi scheme.
- How much can I earn with AI-Coinbase? AI-Coinbase promises returns between 23% and 45% daily, which is highly unrealistic for any legitimate platform.
- What is the minimum investment? The minimum investment is 12 USDT.
- How are referral commissions structured? AI-Coinbase pays referral commissions down three levels: 10% for Level 1, 3% for Level 2, and 1% for Level 3.
- Can I withdraw my earnings? Many users have reported issues withdrawing their funds, indicating that AI-Coinbase is likely a scam.
- What is the Downline Investment Bonus? Affiliates can earn bonuses based on their downline’s investment within a 24-hour period, ranging from 18 USDT to 8888 USDT.
- Has AI-Coinbase been flagged by regulators? Yes, the Central Bank of Russia issued a pyramid fraud warning against AI-Coinbase.
- Should I invest in AI-Coinbase? No, AI-Coinbase is not a legitimate platform, and you risk losing your money.
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