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CoinEntrust Review – How Does It Work? Is It a Scam or Legit?

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CoinEntrust Review – How Does It Work? Is It a Scam or Legit? by : 11:26 am On October 13, 2020

Coinentrust is a cross-border Ethereum savings platform that allows members to earn interest on their deposits. It guarantees 2.2%  daily compound interest,  up to 390% ROI in 3 months. The platform offers a referral program that allows earning 20% from invited investors.  Users can withdraw their capital and interest anytime; there is no staking or lock-in period. You can even exit your fund the day you joined!

Coinentrust runs on Ethereum blockchain utilising the powerful features of the decentralized web to deliver an unwavering service to its global community. Deposits and withdrawals from the platform are processed instantly regardless of your location, race or language. You can check all your wallet information, including your deposits, earnings, withdrawals and referral statistics in real-time.

Based on my findings, Coinentrust is not a scam. There is no information online indicating otherwise. It is a legit investment platform that you can count on.  I joined the program a few days ago and the journey has been amazing. Unlike the recent Ponzi schemes on Ethereum blockchain, your funds are actively traded online by their experts and you earn interest which is compounded daily on your balance.  To me, this is the best place to invest Ethereum since you can withdraw it when you wish. The price of Ether can go high or down anytime, having access to your capital and interest allows for optimal utilization of your investment.

One more thing that is worthy of note about Coinentrust is its anonymity. You can invest as many funds as you want without having to go through the tedious process of identity verification. None of your personal information is ever required for registration, not even an email. You can start investing in a minute.

“CoinEntrust offers 2.2 percent interest compounded daily on users’ available balances. Assuming you have 10ETH in your balance, the next day, you should have 10.22ETH, in 30 days (one month), you should have 19.21ETH, and 37ETH in 60 days. Note that by inviting your friends to join CoinEntrust, you also earn 20% referral commission on their deposit.”

Coinentrust Payment Proof

CoinEntrust Payment proof

$64 earned close to $600 in 2 days and still counting. Referral is not compulsory but if you do it pays very well.

How to Join Coinentrust

As stated earlier, Coinentrust does not require any personal information for registration. In fact, there is no registration. You only need to get an Ethereum wallet that has a Dapp browser. That is all. With that, you should be talking about how to deposit funds into your account, not how to register because there is no such thing as registration on Coinentrust.

For those who are new to crypto, I will explain to you how to get an Ethereum Wallet with DAPP functionalities. Dapp simply means a decentralised application. Wallets like TrustWallet and Metamask create an environment for DAPPs to interact seamlessly with users’ wallets. So, you will not need to enter additional details to access an Ethereum based DAPP, it connects automatically with your wallet and you can easily deposit or withdraw funds from it.

The two most used Ethereum wallets for DAPPS are Trust Wallet and Metamask. Others such as Coinbase Wallet and Crypto also exist. In this article, we will be using Trust Wallet and Metamask for our examples. Trust wallet is for mobile while Metamask is for PC. I will show you where to get each of them.

Trust Wallet can be downloaded from Google PlayStore or Apple store while Metamask can be added to your PC browser as an extension (for chrome) or an addon (for Firefox). By visiting the official website, the right addon or extension will be chosen for you based on your browser. Click here to visit their site or copy and paste this link into your browser: https://metamask.io

Although Trust Wallet and Metamask have some similarities, their setup procedures are a bit different. As such, we’re going to divide this article into two sections, one for Trust Wallet, the other for Metamask.

Registration from Mobile phones

To sign up on CoinEntrust using your mobile, you’ll need to be equipped with an Ethereum wallet that supports a DAPP browser. We recommend the Trust Wallet app. Trust Wallet is available on both Android and IOS devices; it gives you access to automatic registration, it is also through this app that you get credited and debited.

Below, you’ll find the step by step procedures on how to sign up:

  1. Download and Install Trust Wallet onto your Mobile device

If you already have a Trust Wallet app installed, please just go straight to step 2.

➢ Click Here to Download & Install Trust Wallet (Android)

➢ Click Here to Download & Install Trust Wallet (Apple Store)

➢ Click Here to Download & Install Trust Wallet (APK File)

  1. Fund your Trust Wallet

Replenish the balance of the new wallet with a minimum of 0.06ETH or any amount higher.

To do this, first copy your Ethereum wallet address from your Trust wallet, which is found under –> Settings —> wallet.

Then, go to your regular Cryptocurrency exchange, purchase the amount of ETH that you want to invest in CoinEntust and transfer it to your Trust wallet address. Among the popular Ethereum exchanges are Binance, Upbit, Huobi, Bittrex, Bithumb, OKEx, Bitfinex, Coinbase, Bitstamp, and Kraken.

If you’re new to cryptocurrency, you can easily sign up for a new account on any of these exchanges or you can buy your required Ethereum from within the Trust Wallet app itself using a credit or a debit card

After you have successfully funded your Trust Wallet, move to step 3 below.

  1. Join CoinEntrust – Please follow the instructions carefully

(i) Click the Trust wallet icon on your phone to open up your Trust wallet.

Then, at the bottom of the phone screen, please note the 4 dots :: DApps

CoinEntrust - DAPPS

Tap on DApps ::

This will open up the Trust Wallet Browser

(ii) Note the address bar area at the top of your phone (see image below)

CoinEntrust - Address Bar

Copy and paste the following link: https://coinentrust.io/ and then hit the enter button.

This will then open up the CoinEntrust home screen:

Coinentrust - Home

(iii) Tap on the Signup button

(iv) Next, it will bring you to the dashboard.

(v) Click on “Deposit”

(vi) On the deposit page, the amount to be deposited will be set for you automatically based on your wallet balance.

You can edit it or simply click on the Deposit button to proceed.

(vii)Then, to the Payment Confirmation screen

Coientrust - Approve

Tap on › Approve ‹

The payment may take a while to action. Please be patient during this busy time.

How to Register on Coinentrust via PC

To sign up on CoinEntrust using your regular Computer/Laptop, you’ll need to add MetaMask extension/addon to your browser. MetaMask is a browser plugin, available as the MetaMask Chrome extension or Firefox Add-on. It serves as an Ethereum wallet: by installing it, you will get access to automatic registration on Coinentrust and a unique Ethereum public address which stores any Ethereum that you may earn. When installed on Google Chrome, for example, you can usually see the Metamask Fox icon ()at the top right corner of the browser.

Below, you’ll find the step by step procedures on how to sign up:

  1. Download and Install the Metamask Extension on Your Browser

Download Metamask, using the following link:

➢ Click Here to Download Metamask

  1. Fund your Metamask Wallet

After installing Metamask, replenish the balance of the wallet with a minimum of 0.06ETH or any amount higher.

To do that, open your Internet browser, click on the Metamask Fox icon () at the top of the browser page.

Then, signup or import your existing account and get familiar with the settings.

Copy your Ethereum wallet address from Metamask, head over to your regular Cryptocurrency exchange, purchase the amount of ETH that you want to invest in CoinEntust and transfer it to your Metamask wallet address. Popular Ethereum exchanges are Binance, Upbit, Huobi, Bittrex, Bithumb, OKEx, Bitfinex, Coinbase, Bitstamp, Kraken, etc.

If you’re new to cryptocurrency, you can easily sign up for a new account on any of these exchanges.

After you have successfully funded your Metamask Wallet, move to step 3 below.

  1. Join CoinEntrust – Please follow the instructions carefully

(i) Copy and paste Copy and paste the following link into the address bar of your browser:https://coinentrust.io/?ref=pkb45p and then hit the enter button.

(ii) Click either of the login or Signup buttons

It should open the main dashboard.

ould open the main dashboard.

If you get a message like “YOU NEED TO BE SIGNED TO A DAPP BROWSER”, it means that you have not installed the Metamask Extension or that you are not signed in to the Metamask extension. In this case, it is believed you must have installed the extension, so the likely problem is that you are not logged in to the extension.

To log in, look for the Metamask icon and tap on it (in Chrome browser, it may be hidden inside the general extension icon)

Enter your password to unlock your account or import the seed phrase of your existing account.

Once you have logged in to Metamask, return to CoinEntrust homepage and click on the login button again.

(iii) Click on “Deposit”

 

(iv) On the deposit page, the amount to deposit will be set for you automatically based on your wallet balance.

You can edit it or simply click on the Deposit button to proceed.

(V) Then, to the Payment Confirmation screen

Tap on › Approve ‹

The payment may take a while to action. Please be patient during this busy time.

 

That is all, please drop your feedback!

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