CoinOil (COIL) - Scam or Other Issues | Coinopsy
CoinOil (COIL) - Dead Coins

CoinOil (COIL)

CoinOil was founded in 2018, it is not trading on any exchanges. CoinOil was added to the dead coins list due to being Scam or Other Issues. Founder/CEO is Martin Bilman.


  • Main reasons for dead coin listing Scam or Other Issues.
  • Started 2018, Ended 2018.
  • Social media ended 2018.
  • Trading ticker (COIL).
  • 1,200,000,000 Tokens total.
  • Not available to trade on any exchanges.
  • Was built on Ethereum blockchain.
  • Website is down.
  • The Founder/SEO is Martin Bilman.

Further Details


Scam coin, Website down and no social media.



Screenshot Archived:


What is CoinOil?

CoinOil is a platform for the future of funding that is built on top of the Ethereum blockchain. It accelerates growth of Oil & Energy companies by offering tools and services that save both time and resources.

CoinOil event

CoinOil is committed to setting new regulatory compliance standards for digital currencies.

CoinOil will actively engage with global governmental authorities to mitigate regulatory risk.

  • Oil Drilling Companies
  • Oil Traders
  • Oil shipping Companies
  • Energy Sector
  • Petroleum Industry


Comparison to Oil Exchange Traded Funds

The overall tax treatment of CoinOil to the holders is far more straight-forward and potentially results in less total tax paid on gain, with that gain recognized only upon sale of CoinOil. U.S. persons holding CoinOil receive no allocations of income or expense from the operations of CoinOil. As a result, there is no tax reporting obligation or tax payable based on the activities and operations of CoinOil. Instead, the only tax obligation of a U.S. holder of CoinOil is to recognize gain (or loss) upon sale of CoinOil.

The investment strategy and business development activities of CoinOil differ in certain ingtmaterial respects from ETFs. In addition to investing in oil futures, the assets suppor n variousiCoinOil will also be invested in physical oil and interests in oil producing properties jurisdictions in order to hold a diversified pool of assets and avoid the risk of holding a single, concentrated position in exchange traded futures contracts. As a result, OilCoin’s investment returns will approximate but not precisely track the price movement of a spot barrel of crude oil.

Our Goal

We Bring together Marketplaces & Finance

The ultimate goal of CoinOil is to be the all-in-one solution and offer a wide array of services from market to finance.

Our clients – both corporate and private ones – will access all the services they need from a single platform. Blockchain technology gives us the chance to make your finances grow faster and give better returns.