It is impossible to keep track of all the new altcoins and investments in the cryptocurrency market, so we do that for you. Today we will review a new site called Avast Coin.
What Is Avast Coin?
Do not confuse Avast Coin with Avast, the popular anti-malware software. Avast Coin is the name of new cryptocurrency and investment company which was founded at the end of 2017. The company is based in the United Kingdom, in London.
Someone could describe Avast Coin as a High Yield Investment Program (HYIP). Do you know what a HYIP is? It is the kind of investment that gives a big and fast return on investment but it is also very risky exactly because of this.
Legitimate HYIPs use the money that people invest in the company to invest in markets like the cryptocurrency market which is very volatile and enables them to also get a quick return on investment. On the other hand, many HYIPs are not legitimate at all, these so-called HYIPs are, in fact, scams, and you should be very wary of them.
Is Avast Coin a scam? We sincerely do not know enough to ensure you that it might be (or that it is not). It takes up to 40 days to receive your investment back in Avast Coin, so we cannot tell that without actually waiting this time. If we know more about this, we will update this article, so be sure to follow our blog.
How Avast Coin Cryptocurrency Mining & Trading Opportunity Works
Basically, you use your money (which can be fiat currency or Bitcoin) to invest in the lending platform of the company. Avast Coin offers to its users a progressive daily profit and protection against viruses and hackers.
The company also states that it has 247 support, so you can contact it at any time and that, as soon as you have $10 USD, you will be able to withdraw your money from the company at any time.
How To Invest In Avast Coin?
You can use fiat currency and cryptocurrency to invest in Avast Coin. There are three different investment plans that you can use to invest in Avast Coin, they are as follows:
- $50 to $10,000 USD: 3% daily profit for 40 days;
- $200-100,000 USD: 4% daily profit for 40 days;
- $500-1,000,000 USD: 5% daily profit for 40 days.
There is also a referral program. If you use this program, you will be able to get money from your referrals. Referrals are people that you refer to the company and that deposit money on Avast Coin. You will be able to get up to 5% of the money from the deposit from referrals. The more people that you invite to invest in Avast Coin, the more that you will win.
Avast Coin Verdict
Is it a good idea to invest in Avast Coin? Not really. Why? Because Avast Coin is a HYIP and you should not invest in HYIPs unless you are 100% sure that they are going to be profitable for you. While we acknowledge that Avast Coin does not look like a scam, we are still not completely sure that it is not a scam, so it would be misleading to tell our readers otherwise.
You should be wary of companies like Avast Coin and focus in investing in companies whose return on investment is safer instead. There are plenty of these companies online and the only thing that you have to do is to take some time to look for them. Pick a company that you know more about. Avast Coin does not give you enough information about it for you to trust it completely.
If you want to invest in this company, you can do that, but know that our team thinks that this is an ill-advised idea. You would be better off if you decided to invest somewhere else.