UCoinCash ICO Review- Is it a Scam?

[bitcoininvestor]

The new UCoinCash ICO is set to go live in just 8 days with 6 million coins going on sale for as low as $0.8

What is UCoinCash?
https://ucoincash.co/ref/danbitcoin1
They're launching a new decentralized cryptocurrency that can be used to make payments for goods and services with participating retailers or to send to friends or family. They state in their whitepaper that the currency will be fast and cheap for users to transfer.
The main aspect that will interest most investors however is their lending platform which offers users the chance to earn around 1.5% interest per day.

The rise of cryptocurrency and ICOs

Bitcoin has been around since 2009 but this year has seen its biggest rise yet with it now sitting at well over $7,000 per coin, early investors have been able to make insane amounts of profit. Bitcoin still dominates the market, however this year has seen many cryptocurrencies rise up quickly.
Many of these coins have been launched by an ICO (initial coin offering), this method of financing has become popular with start ups and businesses, with many now preferring it over more traditional methods of funding.

Lending platforms

This year has seen many different industries enter the market, one of which has been lending platforms. Bitconnect is the most well known of these platform, the coin was initially offered for just $0.5 per coin and is now worth well over $250, early investors made up to 500x profit. These platforms work by trading bitcoin and other altcoins, in return for lending them money to add to their trading funds, they offer investors the chance to earn high rates of interest.
https://ucoincash.co/ref/danbitcoin1
UCoinCash ICO Details

The most recent lending platform to announce their ICO is this UCoinCash, they're raising funds to help with their trading and are offering 1.5% interest per day to investors once their lending platform goes live.
The first round of the ICO will start on the 15th of November with a total of 6 million coins available, the starting price is just $0.8 but the price will slowly rise so it's best to get in as soon as possible.

Lending platform

Their new lending platform will start once the ICO is concluded, they plan to offer around 1.5% interest per day, the exact amount you receive will depend upon the amount you invest, they currently offer 5 differfent options:

$100-$1,000: You receive interest depending on the volatility of Bitcoin that day, should be around 1%. Your capital is returned after 291 days.
$1,010-$6,000: You receive the volatility interest with a bonus of 0.1%. Your capital is returned after 241 days.
$6,010-$12,000: You receive the volatility interest with a bonus of 0.2%. Your capital is returned after 181 days.
$12,010-$50,000: You receive the volatility interest with a bonus of 0.25%. Your capital is returned after 121 days.
$50,010-$100,000: You receive the volatility interest with a bonus of 0.3%. Your capital is returned after just 101 days.

Staking and mining

The new platform also offers users the chance to make profit by staking or mining. Staking just involves holding on to your coins in your wallet, the interest rate for this will initially be 11% per month.
Mining will be possible with CPU or GPU with 50 coins available to mine each block.

Referral program

As with many companies UCoinCash offers users the chance to make additional money by referring people to the platform. The first level will pay 6% interest on any loans that your referrals make, with additional bonuses on lower levels too.

Conclusion

All ICOs are incredibly risky so please don't invest more than you can afford to lose. However if history is anything to go by then a small investment early on with their competitors would of seen huge profits, I'll personally be investing a small amount as a calculated risk and then making use of their lending platform whilst also waiting for the coin price to rise.
Sign up with my link below to get instant access to the platform:
https://ucoincash.co/ref/danbitcoin1

[adam1]

join this ico from below link and buy any amount of coins..

it is legit.

https://ucoincash.co/ref/meetdev8