ScamCrypto Forum Forums Scam Analysis and Research Mcoincap Exposed: Is It a Legitimate Liquid Mining Platform or a Scam?

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  • #176 Reply

      Hello Forum Members,

      I’ve been reading about a website called Mcoincap ( and its role in the digital world. With the increase in online transactions, it’s more important than ever to be cautious about the websites we interact with. This forum post will dive into Mcoincap, looking at its claims, user reviews, red flags, and how to stay safe online.

      Mcoincap Overview:
      Mcoincap presents itself as a platform offering “liquid mining,” but it’s shrouded in ambiguity. There’s a noticeable lack of clear information about what exactly it offers, how it operates, and the value of its services or products.

      Key Claims by Mcoincap:
      – Users are required to pay an Ethereum fee to participate in what’s called “liquid mining.”
      – The process involves claiming a cryptocurrency wallet address and being granted automatic mining permission.
      – There’s a promise of daily cryptocurrency generation, with an option to convert to USDT and make withdrawals.

      Customer Reviews and Complaints:
      – Numerous users have reported poor service, scam allegations, lack of payouts, absence of positive feedback, and a prevalence of negative reviews.
      – A specific complaint mentioned involves a user losing a significant amount of money and facing a suspicious tax invoice request for withdrawal.

      Red Flags Identified:
      – Ambiguity and lack of clear information about offerings.
      – Promises of a “no loss guarantee,” which is usually unrealistic.
      – Hidden ownership details and limited contact information.
      – Involvement in cryptocurrency, which requires extra caution due to its complexity and anonymity.

      I encourage everyone to share their thoughts and experiences regarding Mcoincap or similar platforms. Have any of you come across this website or been involved with it? What was your experience, and what advice would you give to others?

      Looking forward to an engaging and informative discussion!

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      • #183 Reply

          I’d like to share a concerning experience with mcoincap. Initially, everything seemed fine when I created my account and successfully completed a withdrawal. However, trouble began when I attempted a second withdrawal. I was informed that I couldn’t proceed without having a minimum of $5000 in my account. Surprised by this condition, I reached out to customer support for clarification and to understand where this requirement was mentioned in the terms and conditions. They promised to investigate and revert.

          After waiting for 12 hours with no response, I contacted them again, only to be met with a lack of updates. Further attempts to communicate resulted in technical issues; each time I tried to raise my query, I was faced with a blank white screen. Despite persistent efforts over a week, I couldn’t get through to anyone. Today, a week later, I attempted to log in and discovered that my account no longer exists. Attempts to create a new account resulted in errors. Regrettably, this situation has led to the loss of several hundred dollars.

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