Is Zcost a legit platform? No!, in our Zcost review we determined that Zcost is not a legit investment platform, and we would explain why in detail for you to appreciate our reasons for classifying them as a scam.
Let’s dive deeper into the Zcost review!
Table of Contents
Detailed Zcost Review
Zcost.co Review | Not a Registered Entity
Extra care has been taken to ensure that you do not know the actual operators of this platform. They are using privacy services to block the actual ownership of their domain names and many extra steps to ensure you are unable to track them.
Notice that, even when names of the owners or operators are given, in our Zcost review, every search via social media, Facebook, Twitter, etc. of the said name returned zero results.
The idea here is to be as anonymous as possible, so that when they make their platform unreachable, you have no way to reach them.
Zcost Review | The Investment Plans
The investment plan shown on Zcost is fake and bogus, as a matter of fact, the entire goal is to ignite the greed in you, to manipulate you into thinking you have found a lifesaver, an investment platform that would solve all your financial needs if you invest with it.
The entire truth is that, the promises made in the investment plans above are not achievable, albeit they are given or put up there to make you feel like you are dealing with a legit investment platform.
Even if the intent isn’t to steal from you? The fact that the business model can not support such high rates means that eventually it would collapse.
You should note however, that the operators of these platforms know very well that their investment plans are bogus.
Indeed, they know that they are operating a Ponzi scheme, they might tell you all the projects they are involved in such as Forex, Crypto, etc. but the real truth is that behind the scenes they are just sitting back and watching the money flow in.
Zcost.co Review | Payment Statistics
Payment statistics is one tool in the scammer’s toolbox that is used to deceive you into thinking you have found a legit platform, the real truth is that those statistics you see there do not matter.
The real truth is that, some of the platforms operate in such a way that they will pay off some of the earlier investors. Even with this, they ensure they only pay you back a portion of the money you invested.
The goal is such that you would be convinced of their legitimacy. By that single act, they turn you from a customer into an ambassador, promoting their platform to friends and relatives.
After a while, you issue withdrawal and it wouldn’t not go through, albeit, you will continue to see withdrawals being made via the withdrawal statistics, why?
You see, these scammers know that review websites classify them as paying or scam based on whether the review website itself is being paid.
The review websites do these by investing a small token, the idea is that they get a referral link and promote the project on their websites, thus every member who clicks on it to register brings in some good money via commissions.
Since the scammers know this secret, even when they refuse to pay normal users withdrawals, withdrawals coming from affiliates are honored.
As you might have guessed, such withdrawals cost the scammers nothing at all, it is just money they took from someone to pay another person.
Zcost Review | Conclusion
Scams of this nature would continue to exist till the end of the world, the real truth is that as the world moves to decentralized currencies, people are going to use the supposed anonymity to do more harm.
You should be very wary of platforms that promises such high rates of returns, because if the rates are too high to make sense, it is most likely a scam.
When we wrote zcost review, our goal was to at the very least save one person from falling for this scam, if you find our review helpful, leave us a comment to make our heads swell a little for the good work we are doing.
You can actually promote our work by sharing this article to social media to save someone else from investing in this scam, the last but not least, consider donating to us, to help us fight scams of this nature.
We would email you of new and promising cryptocurrency projects, legit investments etc. once a week