Can you make major profits with Fcoin or is it just a scam like Bitconnect? We did the due diligence and some research and find interesting information
What is Fcoin?
Founded by Zhang Jian, former Huobi CTO and author of the book “Blockchain: Defining The Future Finance and Economic Landscape” has gained investments from top-notch investment institutions including Danhua Capital, Node Capital, Singer Capital, Timestamp Capital, 8 Decimal Capital, Zipper Fund and other investors. Here can you find the official website.
Fcoin advantage
How can I make 5% a day with Fcoins?
Yes, we know it sounds crazy to make 5% a day. But after we tested the exchange the gave us in 24 hours the first payout. We started with 500 #Fcoins and got with some trading around the $3 in different currencies on the exchange.We thought it was a scam and they don't let us withdraw the money. But after a withdraw it works perfectly. This is because FCoin users mine when they trade. Fcoin will reimburse all members transaction fee spent on the platform in the form of FT. They use 51% of the platforms total FT (10 billion) to do so.
The reward mechanism supplies every day 80% of all reveneus to FT token holders. Based on the amount that they hold. The holders will be airdropped the rewards in all pairs. You will receive #BTC, #ETH,#LTC, #USDT, #Zil and many more coins.
We also compared some other dividend tokens. Please check the screen below. It looks not real, but don't forget this exchange has the largest volume of alle exchanges in the world!
Let me tell you a quick way to make a good return daily. Surf on the waves. Sell high and buy low. The price of Fcoin is fluctuating very hard so you can make a good profit. 
Now you know why #Binance #Kucoin #Huobi #Coinbase and other exchanges make really really large projects everyday.
What are the red flags?
In the beginning we were really sceptic. For now we are not 100% sure if this is a real construction. We all know the rampage of Bitconnect. So, we want to give a risk warning. We reviewed this project and saw the following red flags:
- We couldn't find any company details. They claim they are not a company but some information will be great.
- There is no detailed information about the team and they not using Github at this moment.
- The fees and rewards are really high. This is possible but we couldn't find a detailed revenue model.
- The prices of the tokens are rising really fast. It looks a bit like a pyramid scheme. Be aware!
On the other side is this coin started recently so it's not strange that they don't have all details already. Please do your own research. We give a risk warning of: 35/100% (We edit this score if we find new sources.
Why is the price mooning daily?
This is because traders get extra rewards when they trade. A lot of new people are buying in. The price went from 0,06$ to 0,60$ in just one week. This are the best rewards in #cryptocurrencies that an exchange can offer.
Token distribution
What is the price prediction
The platform and token will be larger every day. The tokens will deliver 2 to 5% profits daily. Also the tokens are rasing when more people gonna buy. We think it can easy x10. So when you buy at this moment it cost $0,90-1 and in a few months it will go to $9-10. Sounds crazy? Take a look at the concept and you will see it's possible. Also the platform has the largest volume of all exchanges. When it hits CMC it will be mooning. Register yourself for free at Fcoin official website.
Volume comparison
Payouts
. You can also see all payments and distributions here: Daily distribution info
The official Telegram channel
We did some research and saw CTO Zhang Jian was in the official Chinese channel. If you have questions for him you can reach him there.
Official mainnet wallet
ETH Adress: 0x915d7915f2b469bb654A7D903A5d4417Cb8eA7Df
Etherscan link
Sources that also review or give information about #FCoin
- Crunchbase company information
- News on China money network
- Whitepaper
- Official website
- Telegram announcements
- Official Telegram group
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KCS: 0x3f5f07cb3725f3fd32a35b0cb4daae014e9961c0
BTC: 14vSjQ4iSr76ZCXcde5fhwxNyvED1RtJ6L
DASH: XcY9SRB4KJhuFd1gkJTj4xyvor5hKkNThK
LTC: LdTXnWRUSaxrQGCoLjcPzXAngEtXLdu1Zk
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Very detailed, thanks! Just wonder how long is your research period? I heard Fcoin 2 weeks before I will have careful mind and small-bag investment strategy since the returns are impossible to believe to be true.
Thank you @minloulou, we spend around 4 hours in research. We also get daily info and will update the article. Be always careful with your investments. We daily pay approximately 30% of our funds to our private wallet. The returns are maybe a bit impossible, but if you see what the other exchanges paid daily in fees than you know that it's not that crazy that Fcoin paid that much dividend. Keep in mind that also a community exchange like Fcoin can be a scam. A lot of people made a lot of money with Bitconnect, but they were not the people that hold. Be smart and play safe!
Update 26-06-2018
More to become.....