Frequently Asked Questions
Basic
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, sometimes, a standard of deferred payment. Any item or verifiable record that fulfills these functions can be considered as money.
The mainstream definition we can find is a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. If you take away all the noise around cryptocurrencies and reduce it to a simple definition, you find it to be just limited entries in a database no one can change without fulfilling specific conditions. This may seem ordinary, but, believe it or not: this is exactly how you can define a currency.
“The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.”
Don & Alex Tapscott, authors Blockchain Revolution (2016)
About
CoinPump is a Contributor Voting Network Technology that uses 100% of its proceeds to support various Cryptocurrency technologies. You get to choose which coin will get pumped. Contributors get the results based on their Contribution level: Professional Results vote on the Private Election and sees the top voted coin once the Private election is over. Enhanced Results vote on the Private Election but sees the top 3 voted coins randomly sorted once the Private election is over. Free Results see the top 5 voted coins randomly sorted once the Private election is over.
CoinPump also offers various merchandise. You can navigate and find a huge amount of Apparel, Headwear and Accessories for daily living. We are always adding new merchandise. All of the merchandise earnings go to the technology you supported a good example is: if you buy a Bitcoin (BTC) shirt the proceeds will be invested into Bitcoin (BTC).
Monthly, CoinPump will announce a Public Election on 100 coins in order to choose the most favorite 10 coins for the Private Election. Professional and Enhanced Contributors will start voting privately on these 10 coins for at least 3 days to determine the top voted coin. Our System will announce the top voted coins immediately after the Private Election is over to our Contributors. At this point Contributors will start to buy. Our team will start boosting the top coin price and try to maintain its uptrend as long as possible. 100% of the contributions will be used to make sure that our community members can profit, and also to avoid the pump and dump schemes by traders from outside of our network.
CoinPump also invest 100% of merchandise gains. You can navigate and find a huge amount of Apparel, Headwear and Accessories for daily living. All of the merchandise earnings go to the technology you supported a good example is: if you buy a Bitcoin (BTC) shirt the proceeds will be invested into Bitcoin (BTC).
CoinPump works hard to maintain a positive Cryptocurrency Market we perform a pump and NEVER dump practice to support various Cryptocurrencies with the voting network contribution during the voting process. Contributions work as an insurance for the network to avoid a descend of the price (dump).
The main service CoinPump offers is an easy Contributor Voting Network Technology (Elections) where you get to choose which coin will get pumped. Contributors get the results based on their Contribution level: Professional Results vote on the Private Election and sees the top voted coin once the Private election is over. Enhanced Results vote on the Private Election but sees the top 3 voted coins randomly sorted once the Private election is over. Free Results see the top 5 voted coins randomly sorted once the Private election is over.
CoinPump also offers various merchandise. You can navigate and find a huge amount of Apparel, Headwear and Accessoriesfor daily living. All of the merchandise earnings go to the technology you supported a good example is: if you buy a Bitcoin (BTC) shirt the proceeds will be invested into Bitcoin (BTC).
CoinPump domain is coinpump.org the reason is because the way we do our business is parallel to an organization. We do not keep profits, we invest profits into the blockchain technology different cryptocurrencies.
Elections
Pump and never dump is a market activity idea for our community members. By voting in a private election and contributing for certain crypto currency from the top 10 coins on the market. Therefore we will announce the most voted coin to our Professional Contributors, likewise top 3 coins sorted randomly included the winning coin to our Enhanced Contributors. However we will announce the top 5 coins sorted randomly including the winning coin to our Free Contributors. Starting from this point, based on our announcements, each Contributor can buy from the winning coin. Leads to significant increase of the coin price. Profits can be made by selling the coin to a satisfactory price. Meanwhile, our team will try to maintain the trend as long as possible, using 100% of the private election contributions.
The election countdown is determined by the time in your device. Make sure that you are using the the correct timezone. We operate with Eastern Time Zone UTC-05:00 New York.
You can access the Public Election free of charge from our main page in coinpump.org
1. Contribute to receive the password to participate in the Private Election.
2. Once the Public Election is over you will have access to the Private Election from coinpump.org
3. Enter the password you received by email.
4. Vote for your favorite coin.
5. You will receive the results based on your contribution level once the Private Election is over via email.
At the moment we recommend Bittrex but we are working on adding other exchanges.
You can send your request to support@coinpump.org and will team will contact you shortly with the answer.
Merchandise
We use genuine Brother GT-3, water based pigment inks. GT-3 inks are CPSIA compliant and Oeko-Tex™ certified, which means they are safe to print on youth/children’s clothing and reduce environmental waste. Also, GT-3 inks provide a high washing colorfast AATCC rating of 4.
Speed and price depends on product type and destination. 97.66% of our orders are shipped within 5 business days. More than a half of our orders are shipped within 3 business days or less.
Return Policy
To be eligible for a return, your item must be unused and in the same condition that you received it. It must also be in the original packaging.
Some non-returnable items:
Gift cards
Election Contribution
Downloadable software products
Some health and personal care items
Once your return is received and inspected, we will send you an email to notify you that we have received your returned item. We will also notify you of the approval or rejection of your refund.
If you are approved, then your refund will be processed, and a credit will automatically be applied to your credit card or original method of payment, within a certain amount of days.
Late or missing refunds
If you haven’t received a refund yet, first check your bank account again. Then contact your credit card company, it may take some time before your refund is officially posted. Next contact your bank. There is often some processing time before a refund is posted. If you’ve done all of this and you still have not received your refund yet, please contact us at support@coinpump.org
To return your product, you should mail your product and you will be responsible for paying for your own shipping costs for returning your item. Shipping costs are non-refundable. If you receive a refund, the cost of return shipping will be deducted from your refund.
Depending on where you live, the time it may take for your exchanged product to reach you, may vary.
If you are shipping an item over $75, you should consider using a trackable shipping service or purchasing shipping insurance. We don’t guarantee that we will receive your returned item.