Coin Insider Fake Review Site

Why do we describe what appears as a proper review site as a fake? Well because to review anything as stupid as Bitcoin Revolution you have to be taking a fee. Bitcoin Revolution is a scam and an obvious one; there is no excuse for linking to these sites. It demonstrates a complete lack of regard for your fellow humans and a greed that makes no sense. No one can happily coexist with someone that is possessed by greed.

We would say, just from the wording, that this site has been scripted by the same person as www.hollywilloughbybitcoin.com, and they are performing exactly the same trick here.

Obviously Bitcoin has been in the press as it topped £30k the other day and then dropped to below £25k in a few days. It is a highly volatile and unpredictable currency that is very risky to trade in and can annihilate the funds of even the most calculating trader. 

This page mixes up reviews of the biggest names in CFD trading like eToro with idiotic Bitcoin Trader Auto Bots like The Bitcoin Code scammers. This is not the actions of someone giving advice, it is the actions of someone seeking affiliate cash from scammers.

What is Coin Insider? 

Let's have a look at their site so that you can understand what we mean:

The contact/about us page reads:

CoinInsider is a leading digital media company providing news, opinion, market analysis, and investor insights focused on blockchain technology and the cryptocurrency industry.

OK well that sounds pretty reasonable. But if we take a look at the menu at the top of the website we see that the majority of their pages pertain to either Trading Platforms or CFD Brokers neither of which have anything to do with Cryptocurrecy, which is not traded, only swapped between currencies. 

This immediately is a huge red flag, as this ste obviously has nothing to do with Cryptocurrency at all. It is simply using Cryptocurrency as a means of hiding it's actual purpose. 

So what is the actual purpose of a site like this? Well it associates fake trading software like 'Bitcoin Trader' with real trading and allows scammers to get a better reputation online.

Quite simply put, if a trading app is listed on CoinInsider then you know that it is a scam. CoinInsider is either written by the scammers themselves, or by affiliate partners of the scammers. The reviews are so basic and stupid that they just follow the same template every time. Not only is there no actual difference between their reviews of all of the ridiculous Bitcoin Trader, Bitcoin Evolution, Bitcoin Loophole, Bitcoin Cash, Bitcoin Era, Bitcoin BluePrint, Bitcoin Circuit, Bitcoin Code, Bitcoin Futures, Bitcoin Prime, Bitcoin Profit, Bitcoin Revolution,  There is also massive overlap between the content of all of the websites meaning that they are either all made by the same people, or that they just copy the content from each other. Either way it shows a uniformity of purpose and method meaning that all these sites and their owners are interlinked in some way or other. Every single 'trading platform' they pretend to review is an obvious scam and defrauds people across Europe, Australia and the UK every day. This site and all of the clones need to be taken down to restore faith in internet trading.

If we take a look at their supposed index-linked numbers at the top of the page:

We can see that they are showing ETH and BTC are down, when in reality:

Nothing could be farther from the truth. These people have no understanding of, or interest in the cryptocurrency market. We do not know where they are retrieving their articles from, but they may well be copied and altered, or simply written by third parties for a fee.

Some of the stories we examined appeared to be re-worded articles from the Independent newspaper. 

Why Minimum Investment £250? 

The £250 initial investment requirement for many trading platforms generally serves two primary purposes: establishing user commitment and providing sufficient capital for effective trading.

1. Establishing User Commitment: For many platforms, especially those offering automated trading tools or complex analysis, a minimum deposit is a way to ensure that users are genuinely interested in using the system. This is important for the platform to maintain operational efficiency and for user onboarding processes.

2. Providing Sufficient Capital: Trading strategies often rely on a significant base amount to allow the system to effectively make trades that cover fees and yield returns. With a minimum capital threshold like £250, the platform can carry out trades with enough margin to manage risks effectively. For small-scale traders, this amount can enable them to diversify into different assets or manage higher trade volumes with relatively small percentages—important in volatile markets.

Many platforms advertise this deposit as an accessible entry-level amount, making it a lower barrier for new traders while still allowing the platform's algorithms to work with enough capital to yield visible results.

Another possible reason is that they are making sure you have access to funds so that they can be sure it is worth pursuing you for further cash.

Who Operates Coin Insider?

Coin Insider operates as an independent cryptocurrency news and review platform, staffed by a team of financial analysts, tech experts, and crypto enthusiasts. Their goal is to provide clear, accurate reviews of crypto platforms, market trends, and industry news. Coin Insider is committed to unbiased reporting, which they achieve by employing a standardized review process that includes initial research, platform testing, comprehensive reporting, and regular updates to keep their information current. They emphasize user security, with considerations for factors like two-factor authentication and anti-phishing protocols during reviews.

The site is privately operated and does not disclose specific ownership details publicly, focusing instead on transparency in their editorial process to maintain credibility with their audience. Coin Insider offers reviews across various crypto platforms, tools, and financial products to help users make informed decisions in the cryptocurrency space.

Coin insider does not Disclose Who They Are?

You're correct that some platforms, including Coin Insider, do not fully disclose details about their ownership or team members. This lack of transparency can raise questions, especially in financial services where trust and credibility are critical. Reliable financial websites typically have clear ownership and editorial disclosures, and they provide background on their contributors or editorial team.

For anyone using financial advice from a platform, it's essential to check for signs of transparency, such as:

• Team Bios and Credentials: Established platforms often display contributor profiles, showcasing experience and expertise in finance.
• Clear Ownership and Affiliations: Reputable sites outline their ownership structure and any affiliations to avoid conflicts of interest.
• User Reviews and Independent Opinions: Reading independent reviews and user feedback can also give insight into a platform's trustworthiness.

For peace of mind, it can be helpful to cross-reference information from platforms that prioritize these standards, such as Investopedia, NerdWallet, or similar sites that disclose their teams and editorial policies openly.

VERDICT: Coin Insider is an Affiliate Scammer Page