My Coin Auction South Africa: Making money online is real and some folks make a whole cash trading online. But be warned that investing in any business without getting to no more about it could be too risky. In today’s article i will be writing in details about the new online coin exchange business that so many South Africans are trooping into. You guys must have heard about “My Coin Auction”, Right!!. What is My Coin Auction? What is it all about?.
What Is My Coin Auction South Africa?
My Coin Auction is a peer to peer online platform that offers from 20% interest in 5 days, 45% interest in 10 days and 110% interest in 20 days!.
The company claims to be the fast-growing online platform that enables users to participate in a virtual auction where they can bid and buy virtual coins called “My Coin”, sale them and make a small fortune in either 5 days, 10 days or 20 days in the comfort of their home.
The system operates in both Bitcoin and SA Rands. Auction opens twice daily at 9 am and 7 pm, then u can bid that is to buy coins meaning invest. Auction opens for 30 minutes!
From our research, we discovered that many are eager to know what “My Coin Auction”, many of them are asking questions like, Is My Coin Auction Legit? Is My Coin Auction Scam, My Coin Auction Review, My Coin Auction How Does It Work, My Coin Auction Review. That’s what we are going to discuss today.
My Coin Auction How Does It Work – How To Register & Bid
To start using My Coin Auction you must have a registered account with which you must as well verify.
Registration is free, Minimum to invest is R100. Registration is FREE and easy, simply enter your details, ensure you enter your correct WhatsApp number starting with country code (+27).
Logon to their official website www.mycoin.live
Click the signup button and enter your information in the box as required.
Username & Password.
Your mobile number must be in this format (+27840000001).
Once you have registered, make sure your banking details are up to date.
How To Bid
To start bidding, open to your account dashboard and go to “Auction Men”.
Select view auction and find your prefered bid.
Fill in the amount and indicate your desired bid period and then click bid. If your bid is accepted, go to pay to view the sellers banking details.
NOTE: Make your payment withing 24hrs to prevent being blocked.
Go to “POP” to attach your proof of payment. You can message the seller and request for approval.
The last thing left is to wait for the seller to approve your payment
Step To Step Guide On How To Register For My Coin Auction
Here are step-by-step on how to register for My Coin Auction and start making money online buying and selling virtual coins called my coin.
Step 1. Go to https://mycoin.live/
Step 2. Click on Sign up
Step 3. Complete your personal details, use 50077 as Sponsor ID.
Step 4. Receive One Time Pin (OTP) via SMS
Step 5. Enter the OTP on the platform as received on SMS
Step 6. Log in and start bidding
My Coin Auction Reviews
Here are reviews we got online from users who are already into the virtual coin business.
Nobuhle Hlophe – Some people take long to approve your payment and that pisses me off as it prevents you from taking other bids. people please if you put your coins up for sale, follow up and approve. You make us nervous when you don’t
Dimpho Precious Tshabalala – I have been looking for Buhle Kose the whole of yesterday and today because I bought coins from her but I can’t pay them because her account number is incorrect one number is missing I also tried to also text support chat but I haven’t been assisted and might be banned please how can I solve this problem
Mugodi Genade – Hi I bid on 27 of July 2020 and I send the proof of payment. And they don’t confirm the payment. Please help me.
Thobeka Motaung – If a password is failing and tried to reset still no luck. What can one do to get the matter sorted?
Tried sending message on chat.
Banhloile Katt – Good evening I have a problem I made a bid and when I try making payments it keeps saying unsuccessful and so texted the person who should be receiving but they don’t respond what do I do.
Samkeliso Moyo – Hi guys please help me. I signed up for my coin last month. But haven’t started using the account yet…then the sponsor tells me that his account has been blocked. Won’t it affect my account too? Coz I wanted to start bidding today?.
Mahalia Buchanan – hey I’ve been selling the same coins for the third time now…what’s the problem I’m worried the buyers don’t pay??WhatsApp.
Things You Need To Know Before Joining My Coin Auction
How Many Bids Can I Make?
Your account allows you to enter a single bid, the more you make payments and get approved, the more bids you will be eligible for.
What Percentage Do I Get On The Coins?
Coins give you 20% gains in 5 days if you pick the 5-day bid.
Coins give you 45% gains in 10 days if you pick the 10-day bid.
Coins give you 110% gains in 20 days if you pick the 20-day bid.
What Are Coins and How Much Is A Coin?
My Coin is a virtual coin that has a pegged price of USD 1.00 per coin. The price of the coin will always remain the same. Each time coins gets transferred from one account to another, they increase with 20% in 5 days.
Are There Any Bonus For Referrals?
Yes, for each member you refer, you earn 10% on each order that they make for a lifetime.
How Many Accounts Can I Have?
Every individual is only allowed a single account.
Is My Coin Auction Scam Or Legit?
Every company, either a big or small organization at a startup always wished to get to a wider audience and also have massive publicity.
To achieve this, many organization have tended to mislead the public with wrong information, mentioning only the good in it. Peer To Peer schemes avoids looking like a scam to get the attention of everyone into investing funds. Please use the comment box to help others to share your experience with My Coin Auction, that will go a long way to explaining if they are really a scam or legit.
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