Xflow.cc is a mining platform which is said to provide an efficient way of earning bitcoins and other altcoins to the everyday people without having to go through all the hardships of owning a mining rig and farms.
While we took a close look at their service and their platform in general, it was very simple and self explanatory. They advertise returns of up to 7% per day which is impossible to reach via mining.
The return claims is the main factor which caught our attention and when we did a little digging we found out that this platform is just another ponzi scheme. Read our complete review to know why you should not buy any mining contracts from this fraudulent firm.
License and Support Staff
Companies which are provide investment opportunity of any kind have to be licensed by some regulatory authorities depending upon their geographical location.
Xflow.cc is an ICO which takes in money from general public for investment purposes and in return provide them with certain amount of money. When we were checking the legitimacy of their operation, we couldn’t find any licenses they should hold.
Since they have also failed to put up any documents, we believe that they are operating illegally.
The only way to reach the support team is via email.
Email – [email protected]
How does Xflow.cc Work?
Xflow.cc is said to be involved in mining activities but fails to provide any proof supporting their claims. They have not talked anything about what machinery they use, the location of their mining farms and the pools they are involved with.
We do not know the scripts they are using. After looking at the lack of transparency which we believe is intentionally done, any persons who has experience in this sector will never trust this firm with their money as they can easily recognise the fact that they are just feeding the clients with some lies while in reality they have nothing to do with mining.
What kind of profits can you expect to make with Xflow.cc?
Before we see the returns these faceless con artists offer understand the fact that mining is not profitable in the recent times unless you have significant capital. This firm claims to generate returns ranging from 1% to 7% per day which is an outright lie.
Usually most of the mining scams uses huge return claims to lure in innocent investors and trick them into believing they can amass a fortune by simply investing with them. Do not believe any of their telltale stories.
This firm knows the fact that the amount of revenue they will achieve directly correlates with the number of people involved. To promote their platform and grow their reach this firm offers an affiliate program wherein the individuals who refer people to this platform are paid 12% of the cumulative deposit amount made by their referrals.
On top of the commissions the affiliates also get 5Gh/s upgrade. It is not compulsory for the affiliates to be an active investor to get their share of the revenue.
According to the data provided by whois.com this domain was registered on 17/07/2018 and it expires on 17/01/2020.
This website ranks 15,274 in Russia and has a global rank of 138,802 according to alexa.com. This site gets around 200,000 visitors monthly.
This service specifically targets users from Russia, Brazil, Turkmenistan, India and Iran.
Deposit and Withdrawals
The minimum spend and minimum withdrawal amount is 0.001 BTC or equivalent. The e-currencies accepted by this platform are Bitcoin, PerfectMoney, Payeer, Litecoin, Dogecoin, Ethereum and BitcoinCash.
We do not know if there are any transaction fees applicable on withdrawals. The time taken for processing withdrawals is not stated anywhere on their website.
Is Xflow.cc Scam or Legit?
This platform is an obvious fraud operation. All the information given by them in certain way does not make any sense and not to mention how anonymously they operate.
If at any time things get out of hands the only ones to suffer will be the clients because this firm is unregulated and there is no way to confront them. The only things they are after is your money, once they have made enough of it their whole scheme will collapse and you will be left empty handed.
Xflow.cc Review Conclusion
Xflow.cc is a fake mining platform which just went viral because of all the shady marketing tricks they had incorporated from the beginning. While some of the testimonials online say that they are profitable, they all had referral links below them so we won’t believe them either.
Cloud mining is surely a nice way to supplement your income but do not aim for the stars and most importantly avoid pitfalls like this platform. Our best advice for you will be to avoid purchasing any plans from this firm regardless of how tempting it might be because you are bound to lose all your funds sooner or later.