Upto Crypto Review : Does It Work Or Is It A SCAM?
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Of late, has anyone pitched you the Upto Crypto opportunity?
Upto Crypto has become popular by presenting an opportunity to most network marketers around social media.
If you are at a crossroads whether to invest or not to invest in the business, then read the following review to find out…
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What is Upto Crypto?
There is no available information about the company’s owner, location, or when it was founded on the company’s website.
On 2nd of July, 2017, the domain name of this company was registered.
However, the registration was done in private and this makes it impossible to know the owner of the company.
There are various compensation plan sections of the company that are written in French.
According to Alexa rankings, this company gets 31.5% of its traffic from France and is still growing…
Data From Alexa.com
Therefore, it can be a correct assumption that the manager is running this company somewhere in France.
Upto Crypto Products
Apart from having zero information about the background of this company, Upto Crypto also discourages new memberships as they lack a proper product line.
There is nothing being marketed or sold to retail customers by this company.
For this reason, affiliates only offer membership to new individuals.
Once you decide to join this company, you are given an application access.
Through this access, you can get alerts and make investments in the company.
The compensation plan
Affiliates can make investments in order to obtain ROI as huge as 200%.
In order to get higher ROIs, you have to invest more and more of your money in the company.
Below is a breakdown of the ROI payouts given by the company in the compensation plan.
· Members who invest $25 receive 100% ROI
· Affiliates who invest $75 earn 120% ROI
· Affiliates who invest $200 earn 130% ROI
· Members who invest $500 earn 140% ROI
· Members who invest $1500 earn 150% ROI
· Affiliates who invest $5000 earn 160% ROI
· Affiliates who invest $10,000 receive 180% ROI
· Affiliates who invest $20,000 earn 200% ROI
The company pays this out between 0.5% and 1% rate 5 days in a week.
Together with this, members can earn 10% referral commission on a basis of invested funds by a personally recruited affiliate.
In addition, a binary system is used to allow members to receive residual commission by the company.
Direct and indirect recruitment can fill positions in this company.
Addition of points happens once investment occurs.
Upto Crypto adds up the amount of generated points all through the binary at the end of every day.
Once this happens, affiliates get 10% bonus on the basis of money invested on the side that is weaker on the binary system.
As an affiliate, you can earn up to 5 times the money that is initially invested into the company via residual commissions.
However, once you get here, you will have to reinvest money for you to keep earning.
Membership in Upto Crypto
In case you are interested in joining this company, you will have to invest between $25 and $20,000.
From time to time, you will be required to reinvest money into the company in order to keep earning all through the compensation plan.
Verdict
According to the information on the website of Upto Crypto, this institution can generate funds for the provided ROIs via cryptocurrency trading.
The website continues to say that new members should only invest then leave profit creation activity to the company traders to carry out.
The issue here is similar to that of other new MLM ventures of the modern day.
There is no proof to back up the company’s claims.
Therefore, the only money that gets in this company is through affiliate investments.
Funds that are newly invested in this company are used to pay ROIs to current affiliates.
This, therefore, is a Ponzi scheme.
The only people who will earn anything of value in this company are the anonymous admins.
This implies that the majority of affiliates who have involved themselves with this opportunity are guaranteed to lose their money and time.
This is the norm of Ponzi schemes and so you should expect nothing new with this company.
This is because there is nothing special to distinguish Upto Crypto Company with the rest of similar companies.
This is the ultimate fate of Upto Crypto Company.
Therefore, as you do not want to lose your hard earned money, you should think twice before investing here.
Or else take some time and see how things go with the Upto Crypto Company.
I hope that you have found this Upto Crypto Review helpful and informative.
If you have any questions, please leave them below in the comment section.
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