ArbitraCoin ICO: Company Review and ATC Token News Updates

ArbitraCoin: ATC ICO Self-Regulated FinTech Payments Token?

ArbiTraCoin describes itself as “the investment coin” that provides “insider cryptocurrency information” to investors. Find out how it works today in our review.

What Is ArbiTraCoin?

ArbiTraCoin, found online at ArbiTraCoin.com, is an investment platform that claims to offer users “several investment opportunities,” including “insider cryptocurrency information.”

The price of ArbiTraCoin, according to the creators, “will rise quicker than any other coin.” That’s because the project uses arbitrage software and trading signals to make consistent profits over time.

ArbiTraCoin also claims to have a lending program and staking system that allows investors to make even more money. In terms of returns, ArbiTraCoin claims to generate “several percentages per day” through arbitrage trading alone. Investors can expect to earn returns of 3% per day and higher – every day.

Obviously, when a cryptocurrency project starts talking about a lending and staking system and powerful investment returns, it’s a huge red flag that you’re being scammed. Based on all of the information we can see online, ArbiTraCoin is a blatant scam. However, let’s take a closer look at how it works.

How ArbiTraCoin Self-Regulated FinTech Payments Token Works

ArbiTraCoin claims to give investors returns of several thousand percent per year by participating in two main operations: trading and arbitrage. That’s where the name “ArbiTraCoin” happens.

The website and whitepaper never really explain how it works. However, ArbiTraCoin wants you to believe they have “complex software” capable of performing millions of profitable trades per year. The company buys low and sells high consistently, generating rates of 3% and higher per day, every day.

In other words, ArbiTraCoin has created a literal gold mine: it can create profit out of thin air. So why do they need your money? The company needs your money so it can create a large pool of money. By trading a lot of money simultaneously, ArbiTraCoin can access lower fee tiers.

In any case, investors are led to believe that they can earn enormous profits by investing in ArbiTraCoin.

You can earn 2% profits per day through the ArbiTraCoin lending scheme, for example, or 16.6% per month returns by staking your coins. In total, investors can earn a maximum of 120% ROI per month through the lending program, with guaranteed returns of 60% per month available on all plans.

ArbiTraCoin Features

• Self-Regulated Financial System: ArbiTraCoin describes itself as an open source, self-regulated financial system that “nobody owns or controls.”
• Peer to Peer: Transactions are completed between peers without the need for a centralized intermediary.
• Easy Money Transfers: Transactions can happen from all over the world from wallet to wallet within seconds, through internet connections.
• Anonymous: Transactions are anonymous. Users can see every transaction in the blockchain, but it’s not shown which transaction is done by which person.
• Limited Coins: There’s a limited supply of ArbiTraCoins. The company claims this is why the value of the coins is expected to rise.
• Multiple Investment Opportunities: ArbiTraCoin will pay investors enormous returns for multiple reasons, including staking, lending, and more.

Ultimately, it’s not totally clear what ArbiTraCoin means by any of these features. The company makes a big deal out of the fact that it’s “self-regulated”, for example, and an “open source platform”, but it appears to be under the centralized control of an anonymous founding team. There’s limited transparency about the project, and there’s nothing to suggest that it’s truly open source.

The ArbiTraCoin ATC ICO

ArbiTraCoin doesn’t seem to have much of a business model in place. However, that isn’t stopping the company from releasing its ICO. The company is issuing a total supply of 350 million ArbiTraCoins, with just 80 million available through the ICO.

The ICO begins on February 1, 2018 at a price of $0.10 apiece. That price rises to $0.45 per token by the end of the sale (the price increases by $0.05 every time 10 million coins are sold).

How will the company use the funds? The whitepaper mentions vague goals like “advertising”, “maintenance and support”, “development”, and “software”.

Another red flag that ArbiTraCoin is a scam is that the ICO has a pyramid scheme-style referral system. You can earn referral commissions down 5 levels, ranging from 8% to 1%.

If paying $0.10 for a value-less digital token seems expensive to you, then consider the fact that the ArbiTraCoin whitepaper promises a value of $101.38 USD by the end of 2020. The coin will also be worth $40.09 by the end of 2018.

Who’s Behind ArbiTraCoin?

When you see words like “lending program” on a shady cryptocurrency website, it typically means you’re participating in a scam. One of the easiest ways to spot a crypto scam is to look for team information. Typically, scam ICOs will refuse to disclose any type of team information.

ArbiTraCoin, as you might expect, lists no team information or location info online. The company provides no further information about anyone running the operation – or why they’re qualified to handle your investment.

ArbitraCoin Conclusion

ArbiTraCoin, at first glance, seems more legitimate than other crypto scams. The company has a fancy whitepaper and well-designed website.

Unfortunately, it doesn’t take long before you realize that ArbiTraCoin appears to be a scam. The company advertises unrealistic returns of 60% to 125% per month through its lending program, for example. It also claims that investors can expect each ArbiTraCoin to be worth over $40 by the end of the year – despite the fact that they’re selling tokens for just $0.10 today.

There’s no information to support any of these valuations, and ArbiTraCoin doesn’t seem to have any products in place. The company also refuses to disclose any team information. As we learned from the fall of the Bitconnect Ponzi scheme, the combination of a lending scheme and a lack of team information is a huge red flag.

Ultimately, we see no reason to believe ArbiTraCoin is worth an investment. The company appears to be a scam.