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Real or Fake Money Maker?

Video Coin

This time we will review the Coin Video Apk (KV) application which is said to be the latest money-making application, original or fraudulent? In order not to be wrong in taking steps, let’s see our discussion this time to the end.

There are so many ways to make money from the internet, whether you want to choose the hard way or the practical way, all of them are there. It’s just how we practice diligently and understand all the risks that will be obtained.

The rise of instant money from cellphone applications is now becoming more and more crowded, such as one of the newest apks called Koin Video or commonly abbreviated as KV Apk, which turned out to have penetrated various social media and a few days ago went viral on TikTok.

Currently, many have joined the application. So, the question is, is Coin Video safe or a scam? We will not know until we learn how the application works first.

What is Apk Video Coins?

Apk Video Coins

Coin Video Apk is a money-making application that is claimed to be able to provide instant income just by doing the tasks in it. The tasks given are watching videos and other tasks.

There have been many similar applications such as the Vito Indonesia Business that we discussed yesterday. Business models like these that use applications will continue to exist until there are no more victims to follow.

What makes many people interested is that they are tempted by fast income and just by making a few deposits, they can do many of the tasks that will be given.

Video Coins with Ponzi Scheme

If you are one of the victims of scams like Alimama, JD Union and Goins Apk. Surely you already understand the chain social gathering system. Where new member money will flow to old members continuously with the referral system that has been implemented.

Video Coins with Ponzi Scheme

What are the characteristics of a Ponzi scheme? Yes, there is a member system where users have to deposit a certain amount of money to get a VIP member package in order to get more assignments and also bigger income.

However, such a system will not last long, so many continue to look for victims on social media such as Youtube, FB, TikTok and Instagram by showing off their income so that many are interested.

Are Video Coins Safe or Scam?

You need to know that no Ponzi scheme business is safe for users, only safe for the owner of this application. Indeed, for now we can’t prove that the apk will cheat, but what is clear is that the apk will close in time.

When will it close? When many have joined and made a deposit. They will start blurring and the app can’t be reopened. Then that’s when many vent that new users will feel cheated because they have made a deposit but have not returned their investment.

This application is also close to the Compass Apk and also TikTok Cash which claims to be registered with the OJK. A message from me personally is that you should be careful in investing your money and don’t choose the wrong application.