Is Kointat A Scam? Another Cryptocurrency Ponzi Scheme You Should Avoid

Hey how are you doing?

Chances are you’re here because you came across this site or someone you know told you about it. 

So now you want to know is Kointat a scam, or a legit platform that you can invest money into to earn a profit.

Now before I go any further, I first want to congratulate you for taking the time to do research about this opportunity because that’s how you can avoid scams and prevent yourself from losing money.

And it’s also a good thing you’re reading this review, because I’ll tell you everything you need to know about this platform such as how it works, how it’s compensation is laid out, and a few key reasons as to why it is indeed a scam.

So with that said, let’s jump right into things here.

Quick Summary Of Kointat

Name: Kointat

Website: Kointat.com

Price: $10 – $10,000,000

Rating: 0 out of 5

What Is Kointat?

 

Kointat is an MLM company that claims you can invest money into its platform and start generating a profit within as little as 24 hours whether you are a beginner or have no knowledge about cryptocurrency.

Now according to their website, the CEO of this company is named Hunt Lenny — and he says his mission is to help people all around the world achieve their financial goals.

But what I found quite shocking is that he goes on to make a bold claim that this platform has already changed the lives of people within the past few years — even though this website just recently launched at the end of 2019.

So I don’t know if Hunt doesn’t know what a few years mean or if he is just plain lying — but this is just the first of many things I found odd about this company.

And you’re about to find out in a second some other reasons as to why I don’t trust this opportunity at all. 

Tired of joining shady companies that you’re unsure of?
Check out my #1 rated product online that can help you make a passive income online in 4 easy steps.

What Does Kointat Sell?

Kointat doesn’t sell any type of product, but rather says that they are one of the most reliable and diversified financial investment service providers in the world.

And they say all you have to do in order to start earning easy money through their system is to…

  • Sign up
  • Make a deposit
  • Pick one of their plans
  • Then Withdraw your earnings 

You’ll also notice while viewing their website that they try to prove they are authentic by using big words to describe how their platform works, show you live withdrawals, and even how they generate money as seen in this pic here.

Is Kointat A Scam - how they generate money

Of course there is no evidence to back up these claims, and at the end of the day this is nothing but for show to trick you into giving them money.

Kointat Compensation Plan 

Kointat’s compensation plan is pretty straight forward, in which you can earn money either by investing in cryptocurrency or by referring people.

Now once you’ve signed up, you then have the option to choose from 6 different plans ranging from $10 – $10,000,000 as seen here:

Is Kointat A Scam - different plans

  1. Demo = Invest $10 to $500 and profit 0.02% in 24 hours
  2. Budget = Invest $50 to $4999 and profit 1.3% a day for 30 days
  3. Regular = Invest $5000 to $10,000,000 and profit 1.5% a day for 30 days
  4. Popular = Invest $10,000 to $10,000,000 and profit 2% a day for 60 days
  5. VIP = Invest $50,000 to $10,000,000 and profit 4% a day for 14 days
  6. VVIP = Invest $100,000 to $10,000,000 and profit 5% a day for 30 days

And as far as recruiting goes, this plan uses what is called a unilevel structure.

This means that everyone you recruit personally into this program will automatically go to your first level, then when someone on your first level recruits someone these new people will be on your second level — and so on and so forth.

Is Kointat A Scam - Unilevel compensation structure

With Kointat specifically though, it only goes 2 levels down — and you earn 5% for anyone you personally recruit ( your first level ) and 2% for anyone on your 2nd level. 

How Much Does It Cost?

To join Kointat and be able to start investing money, you have to give them at least $10 which is part of the Demo plan. 

What I Like About It

  • There is nothing I like about this company

What I Don’t Like About It

  • Lie about when they started

If you go to the top of my review and watch the video, you’ll see where they talk about how this company has been changing people’s lives for the past several years.

Even within the website itself, it shows a timeline of how long this company has supposedly been around.

However when I did a quick search on Whois.domaintools.com, I noticed that this platform started in November of 2019.

Is Kointat A Scam - created in November of 2019

So obviously they are mistaken about when their own company started, or they are simply lying to you and me to again try and convince you that they are legit.

  • People are already calling this a scam 

I decided to see what other people had to say about this platform, and right away there were a few of them calling Kointat an outright scam as seen here.

Is Kointat A Scam - person got scammed

As you can see, this person invested money with this company but not only didn’t make any profit but couldn’t even get the money back that he put into their system.

And when he tried to contact them they never answered him a single time.

This brings me to my next point which is … 

  • You will not earn any money using their platform

Whether you are looking for a quick easy way to make some money or are simply interested in cryptocurrency — Kointat is not going to help you.

Because I can assure you that if you invest any amount of money into their platform you will not earn any profit — but like the person above you will lose everything.

Is Kointat A Scam?

I think by now you can tell that Kointat is definitely a scam.

They try to wow you with a bunch of graphs, pictures, and other proof to try and show you that they are legit — but at the end of the day all they want to do is steal your money and nothing else.

Plus how can they be the most reliable financial investment service in the world if they just started last year and how come no one has heard of them?

It just doesn’t add up.

So personally I would recommend you stay as far away from this company as you can because all you’ll be doing is flushing your money down the toilet if you do business with them.

Is Kointat A Ponzi Scheme?

Kointat is definitely a Ponzi Scheme through and through.

Similar to other companies I’ve reviewed in the past such as BitKrypton, this company claims it can almost guarantee you a profit on your investments within as little as 24 hours.

Of course they fail to provide any real evidence of how they are generating this money that they will give you or how they will pay their so-called experts that have over 30 years of experience.

And with people already coming out and calling this company the scam that it is, the only logical conclusion is that they are pocketing most the money you invest and giving a small amount to other people.

Of course what will happen later down the road is once investments and recruiting start to slow down or stop altogether — this company will basically collapse. 

And to further explain why Kointat is a Ponzi Scheme, you can watch this short 1 minute video here.  

 

My Final Thoughts

Kointat is just another company trying to scam people out of their hard earned money by claiming they are experts within the cryptocurrency world.

So I highly urge you to not spend one penny on this platform because nothing good will come out of it.

Now if you are looking for a real way to generate some money online or possibly quit your job in the future — I recommend you check out my top rated program called Wealthy Affiliate.

It teaches you how to make money online by building websites and selling other people’s products. build websites and sell other people’s products to 

And the cool thing is it gives you step by step training, 24/7 support, all the tools you’ll need to be successful, and best of all it’s 100% free to join. 

So if you’d like to learn more about this program, click the link below to learn more about this opportunity and how you can join it. 

Check Out My #1 Recommended Product Here

I hope you enjoyed my review about Kointat, and can understand now why I don’t recommend you join it.

If you have any questions though, leave a comment and I’ll be glad to help you out.

Kointat

$10 - $10,000,000
0

Overall Rating

0.0/5

Pros

  • There is nothing I like about this company

Cons

  • Lie about when they started
  • People are already calling this a scam 
  • You will not earn any money using their platform
Want to turn your passion into a thriving online business?
Check out this simple 4 step formula millions of people are using to make money online!

CTA image

2 thoughts on “Is Kointat A Scam? Another Cryptocurrency Ponzi Scheme You Should Avoid”

  1. Hi Micheal! 

    Thank you for bringing this important attention to us about this financial site scam.

    Have you heard about the HYIP (High Yield Investment Program) projects before? I do not understand why people go for HYIP projects although they are false businesses and go off as a scam instantly. I did join one HYIP program and found it unreliable so I stopped wasting my money on it.

    Reply
    • Thanks for your comment Tom and yes I have heard of many of these types of programs / companies claiming to make people rich if you give them money.

      In fact most of the reviews I’ve been writing lately seem to be nothing but these types of programs because new ones seem to be popping up every day.

      I’m sorry to hear that you joined one in the past and basically got scammed — but at least you know what to look out for and won’t join something like that again. 🙂

      Now if you are still interested in a way to make some money online, I’d suggest you check out my favorite program called Wealthy Affiliate.

      It doesn’t promise you’ll get rich fast but instead shows you how to create websites and sell other people’s products to earn generate a steady income online.

      And literally hundreds upon thousands of people are making their first sales and quitting their jobs thanks to their training.

      Plus what’s cool it’s completely free to join and try out, so you got nothing to lose. 🙂

      Reply

Leave a Comment