Qoin New Zealand

This is a massive SCAM!They have a team of pushy reps that try and sign up as many businesses as possible with promises of huge opportunities.The reality is that it's essentially a Ponzi scheme.A customer that pays in QOIN at a set value gets to walk away with your goods and services. You then have the option of either re-using this QOIN to buy other goods or services. The problem is that you never end up with the cash. The system to extract the cash is extremely limited and often won't allow you access to the money you have earned. There are private traders of QOIN on Facebook but this is always well below face value. This means you might have sold a good or service for $100 but you will realistically only get $50. Meanwhile Bartercard (the real owner of QOIN) is making off like bandits by artificially inflating the price of QOIN while paying out very little.It's sleazy and should completely be investigated. With the amount of small businesses in NZ it's a matter of time before some small operations go out of business because of this SCAM

This is an amazing trading platform that all business owners should be on! I have been trading with Qoin successfully in NZ and AU for 2 years now.

Have not had much success with Qoin as when we have tried to us it we cant access our account, login does not work. Have to change from Ausie $ to NZ $ each time. A business here in Taupo that we used once said they dont now use it anymore either. In our opinion, the whole thing is hopeless.