CoinMat

Coinmat is a new investment company started on the 1st of September 2016 who proposes a risk-free investment activity, and at the same time warns about investment risks. According to the site, Coinmat has been running for 110 days, and also states that it has over 100,000 investors. Yet none of these investors seem to visit the site as it doesn’t have an Alexa rank yet. What, or who are we to believe?

What you believe is ultimately up to you, but I think the one thing we can agree upon is that this is a bitcoin HYIP that doesn’t actually invest in anything. In fact, to prove it I can tell you that this HYIP is run by the same admin who ran the BitMoney.club HYIP from a few months ago which ran for about 3 weeks. Check the FAQs if you don’t believe me. I know, I know, it is just so hard to check all the details.

Anyway, the site is bitcoin only and the minimum deposit is 0.001 BTC. The one and only plan is 12% daily for 12 business days. This means you only get paid on Monday to Friday. The minimum withdrawal is 0.0005 BTC.

Min.Daily%Days%Paying?RiskRelease
0.00112%672%stat-scamInsaneNo, Included

Details

TypeDetails (if given)
NameCoinMat
URLhttps://coinmat.net/
Date Started2nd September 2016
Original Plans1. 12% daily for 12 business days
IP Address186.2.161.22
Hosting LocationRostov, Yaroslavskaya Oblast' Russia
Company Addressnot-given
Contact Phonenot-given
Emailnot-given
Company Numbernot-given
Registrar Detailsnot-given

Website

Snapshot of CoinMat

Snapshot of CoinMat

HYIP Log

DateDetails
2nd SeptemberSign up and add initial investment
3rd SeptemberNon-business day - no payment. Alexa rank: 29,370,789
4th SeptemberNon-business day - no payment. Alexa rank: 2,614,250
5th SeptemberPayment received, instant withdrawal. Alexa rank: 1,954,240
6th SeptemberPayment received, instant withdrawal. Alexa rank: 1,434,810
7th SeptemberPayment received, instant withdrawal. Alexa rank: 1,141,103
8th SeptemberPayment received, instant withdrawal. Alexa rank: 1,006,927
9th SeptemberPayment received, instant withdrawal. Alexa rank: 906,195
10th SeptemberNon-business day - no payment. Alexa rank: 737,859
11th SeptemberNon-business day - no payment. Alexa rank: 668,184
12th SeptemberPayment received, instant withdrawal. Alexa rank: 608,969
13th SeptemberPayment pending, looks like scamming already. Alexa rank: 542,150
14th SeptemberPayment still pending - it's a scam.

Analysis

Coinmat is another disappointing HYIP run by a greedy admin that didn’t even make one round – so basically even all the scam monitors that get paid by the HYIP probably didn’t do to well either. Oh well, it’s a scammer paradise at the moment and we as investors need to keep our emotions in check and always remember the risks. Personally I made it to 72% which is better than a total loss, but geez, it’s getting harder hard to find the energy to invest with these jokers lately.

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