Cryptocurrency is what is trending because there are lots of cash one can get when they trade crypto. Not just that, one can get some profit when they buy crypto and it appreciates in price. Do you know Nigeria now has a Cryptocurrency? Welcome to my Palmcoin Review otherwise known as Palmcoin.site Review.
Before joining an online platform, it is nice you check out a Review because these articles can help you know about some Red and Green flag on the platform. Although this is not an investment platform but one can earn.
Try not to skip any line of this article because they all convey vital information. You might miss a needed information when you skip a line. Let’s get started with the Review.
Disclaimer: Wasplight.com is not being paid to write this review. I am not trying to promote this Income Program neither am I trying to tarnish their online reputation. This piece of writing serves as a guide to aspiring members of this Platform.
Note: As at the time of writing this Review, the information here corresponds with that seen on their website.
There might be changes on their website later and we apologize in advance for not being able to update this content due to the high number of platforms we Review.
Have you been asking the question; Is Palmcoin Legit? Is Palmcoin a Scam? Then this Review will give you some insight.
About Palmcoin Cryptocurrency – Palmcoin Review
“Palmcoin is a regulated Nigerian cryptocurrency, exchange, wallet and community that allows users to accumulate Palmcoin (pmc), to sell Palmcoin (pmc), to buy Palmcoin (pmc) and to store Palmcoin (pmc) like other cryptocurrency such as Bitcoin, Litecoin, tron etc”.
The above information was seen on their website and it gives us a picture on what this platform is all about. The website Palmcoin.site is a place where one can accumulate, sell, buy and store this Nigerian’s first Cryptocurrency as seen on their website.
This cryptocurrency can only be used in Nigeria, which means you can’t use this currency in other countries. Based on this limitation, this e-currency might not be known by most Crypto exchangers.
This is not an Investment platform or income program where you are expected to do some tasks and you start earning. On this platform, you are to buy a crypto and wait for it to appreciate in price and you sell it in order to benefit.
Some persons are actually interested in knowing about the domain creation information of website and Wasplight.com is dedicated in giving that information.
The domain name (www.palmcoin.site) was created on the 9th of February in 2021 which means they are 13 days old. Judging by that fact, they can be classified a new website because they are less than 2 months old.
How Does Palmcoin Cryptocurrency Works? – Palmcoin Review
Palmcoin.site is a Cryptocurrency exchanger where one can exchange and store Palmcoin which happens to be Nigerian first Cryptocurrency. Within this Palmcoin community, using the palmcoin technology one can do the buying, selling and storing of the coin.
One thing you need to know about Crypto is that when they increase in value, one can get some profit. Let’s take Tron Investment for instance, if someone can get a certain amount of Tron now and the price of Tron increases by 200%, the person gets 200% profit of what they invested.
This can be used as an investment platform because one can get some coin and wait for it to increase. But you should know that the same way a coin increase that is the same way it can decrease. You should always sell when it is high.
Lets now see how one can earn on this platform and the value of this coin Palmcoin at the moment. Don’t forget that the abbreviation of the coin is pmc.
How to Earn on Palmcoin Community – Palmcoin Cryptocurrency
As soon as you register on the platform, you are given 25 pmc as instant bonus. 1 pmc = N147 which means 25 pmc = N3675.
“Conversion of Palmcoin to Naira starts on the 10th of March 2021. Click withdrawal vision from your dashboard to know how palmcoin can be converted to Naira its very important every users has an idea about how palmcoin can be converted to Naira”.
They claim that this your withdrawal will be forwarded to your Vfd bank account.
One can get the coin and wait for it to increase and they withdraw their fund when it increases. But the big question will this currency increase? If it does, can one be able to convert it to Naira?
Who is the CEO of Palmcoin.site
The name of the CEO of this platform was not seen on their website and it is a Red Flag. Some platform tend to hide their CEO/Owner so that when things go wrong (if they will), no one will be apprehended.
As seen on their website, Palmcoin Team or admins don’t have control over the growth in value of pmc or control over any user becoming a buyer or seller within the Palmcoin community.
Even if they are not in control, at least we should know the admin or the creator of this coin.
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Repent because the Kingdom of God is at Hand. No one can say they have not sinned, for all have sinned and fallen short of the Glory of God. Repent today and be save from eternal damnation. Jesus Christ is knocking at the door of your heart today.
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Palmcoin Review | Palmcoin.site Review
As at the time of writing this Palmcoin Review, it has not been confirmed if this platform is legit or scam because no payment proof has been seen neither any report heard.
One other reason for not being able to say if they are legit or scam is because they claim conversion of the coin to Naira will start on the 10th of March. Come that date, we will be able to know if they are legit or scam.
Do you know if this platform is legit or scam as at the time of you reading this article? Do well to drop a comment below for all to know more about the platform.
Currently in Nigeria, the exchange of Crypto has been banned. Will this platform be able to convert their coin to Naira despite this sage ongoing? Let’s wait and see till the 10th of March 2021.
I will advise anyone that want to get the coin, do well to risk with small amount because this is an internet platform that cannot be trusted 100%. Invest wisely.
Let’s now see some Red and Green flags associated with the platform.
How to Join – Palmcoin Registration
This is a very simple process on any online money making platform. Below are steps you have to follow to accomplish this and don’t forget that you have to choose a package.
1. Visit their website (www.palmcoin.site)
2. Click on Register
3. Fill the form
4. Create a Wallet address
5. Boom, you are now a member.
This is one of the simplest task to accomplish. After doing the Palmcoin Registration, for you to login all you have to do is visit the site (www.palmcoin.site). Click on Menu and then on Login.
Red Flags for Palmcoin Cryptocurrency Program
Below are some Red Flags found in this platform, do note that the more the red flag, the greater risk that site is;
No Information about Owner
Most sites fail to include the name of their owner because they don’t want to be apprehended if something goes wrong. Some site put fake owner’s name.
We recommend that a platform should be transparent and include the name of the owner with a strong social media backup.
This is another Red Flag, a platform that plans on staying for long won’t op in for just a year domain. They are supposed to get 2 years or 3 years domain name. Although, domain name can be renewed if expired.
Green Flags for Palmcoin Cryptocurrency Program
The green flag seen on this platform is that the currency can appreciate in price and it happens to be a good one. Imagine you getting the coin and it increases later to 200% or more, you will get lots of profit.
Overview of Palmcoin Review
Age: 1 month 23 days old
Authenticity: Unverified if Legit or Scam at the moment
Domain Duration: Up till 2022
Is Palmcoin Legit?
It has not been verified if this platform is legit and paying members because no payment proof has been seen. Do you know if they are legit at the moment? Do well to drop a comment below for all to know.
Is Palmcoin a Scam?
Do you think this platform is a scam? Have you been defrauded by the platform? Make sure to add a comment so that others can see. If you think the platform is suspicious, try and contact us as soon as possible.
You can help Wasplight.com improve this Palmcoin Review otherwise known as Palmcoin.site Review by dropping a comment below so that others can know what you think.
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