AI-Coinbase is a scam website that pretends to be a real investment platform. It uses the name of famous companies like Coinbase to make people believe it’s safe and reliable. The site promises that you can earn money just by clicking buttons, which sounds simple and appealing. However its a scam crypto website that you need to stay far way from.
The Promise of Quick Money With AI-Coinbase
The website promotes the idea of making profits through “quantitative trading.” It suggests that advanced AI technology can help you earn big money by trading popular cryptocurrencies like Bitcoin and Ethereum.
Joining AI-Coinbase: Free Affiliate Membership
Becoming a member of AI-Coinbase is completely free. However, to fully take part in their income opportunity, you need to make a minimum investment of 12 USDT (Tether).
Earning Through Referrals
AI-Coinbase offers commissions for bringing in new members. You can earn referral commissions across three levels:
- Level 1: Earn 10% from people you personally refer.
- Level 2: Earn 3% from the people your direct recruits bring in.
- Level 3: Earn 1% from the third layer of recruits.
Can Users Withdraw Funds
No, the major red flag with AI-Coinbase is when you try to withdraw your money. Instead of easily accessing your funds, you’ll encounter various excuses. They may ask for additional verification or claim you need to deposit even more money before you can withdraw your earnings.
In the end, those who invest in AI-Coinbase usually lose their money. The promises of easy profits and quick returns are just a trick to steal your hard-earned cash.
Final Words
AI-Coinbase is a Ponzi scheme falsely using the Coinbase name. It claims that clicking a button in the app triggers profitable “quantitative trading,” but in reality, nothing happens. AI-Coinbase deceives people using ads on social media and fake profiles that pose as experts. They also provide fake testimonials and profit statements to appear legit but its a scam.
What To Do If You Got Scammed
Cancel your credit card
Immediately call your financial provider and cancel your credit card. By so doing, the credit card details you used for your transaction would become null and void.
Request for a new card
After the old credit card has been canceled, ask for a new card, it doesn’t cost much to get one. Your credit card issuer will issue you a new one with different numbers.
Report the Fraud To Relevant Authorities
Report the scam to relevant authorities and organizations. This includes:
- Internet Crime Complaint Center (IC3): If you are in the United States, you can file a complaint with the IC3 at https://www.ic3.gov/.
- Your Local Consumer Protection Agency: Contact your local consumer protection agency or the equivalent regulatory body in your country.
- Better Business Bureau (BBB): File a complaint with the BBB if the online store is based in the United States.
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