Trade Coin Club Reviews – Is It A Scam Or A Legitimate Opportunity?
I found out about this company called Trade Coin Club as I was surfing the web. This company is a fresh new company and as always, I have decided to have a detailed look at their business.
I am sure if you are like me, many of you would also like to know more about this new venture. Even more so, those of you, who are looking to invest in this web MLM business.
To help you guys, I have spent some time researching and prepared this Trade Coin Club Review. I have divided this into company profile, products, compensation plan and finally my thoughts.
Let’s check what I dug up about them!
What Is Trade Coin Club?
Trade Coin Club may very well be the newest of the online bitCoin based MLM business. As for the domain registration, this company just started its operation in November 2016. I am not scared of being involved in a company in its infancy because if it is a good company I can get a head start.
Like most of the online businesses similar to this one, this company does not have any information about the company owners, stakeholders or management teams., however, they are licensed as a legitimate trading platform. Another point to note they offer all trades to be logged and viewed in the back office.
They have registered their domain name for 10 years.
Products Trade Coin Club Offers
Trade Coin Club does not have any physical or digital products to sell or rent.
After becoming an affiliate member, members can sell or promote memberships of Trade Coin Club. Each member is set up with a trading platform that allows them to have their cryptocurrency ie "Bitcoin" traded against the top ten cryptocurrencies. I like this because of the aligator tooth (the up and down price of Bitcoin) this allows members to not really be concerned about the lack of knowledge of trading because it trades on auto-pilot and they choose the level of risk. High, medium, low. More on this later in the study.
The Trade Coin Club Compensation Plan
You can join Trade Coin Club by signing on for one of 3 available investment plans.
- Apprentice – Invest 0.25 to 0.99 BTC and receive a 0.35% daily ROI for 8 months
- Trader – Invest 1 to 4.99 BTC and receive a 0.4% daily ROI for 12 months
- Senior Trader – Invest 5 BTC or more and receive a 0.45% daily ROI for 12 months
However, you have to pay a 25% fee on your earned ROI every four months. So basically, you are actually earning 75% of their promised ROI.
Affiliate members can also earn referral commission on unilevel structure up to level eight. Your unilevel positions can be filled by both your directly sponsored members and their own sponsored members.
- Apprentice – 10% on level 1, 3% on level 2, 2% on level 3 and 1% on level 4
- Trader – 10% on level 1, 3% on level 2, 2% on level 3 and 1% on levels 4 to 6
- Senior Trader – 10% on level 1, 3% on level 2, 2% on level 3 and 1% on levels 4 to 8
When you advance in affiliate ranks you receive rank advancement bonus.
- Trader Level 3 – Earn 10 BTC or more in monthly binary commissions and receive a Montblanc pen
- Trader Level 4 – Earn 50 BTC or more in monthly binary commissions and receive a cruise
- Trader Level 5 – Earn 100 BTC or more in monthly binary commissions and receive an “international Caribbean travel” cruise
- Trader Level 6 – Earn 200 BTC or more in monthly binary commissions and receive a Rolex watch
- Trader Level 7 – Earn 500 BTC or more in monthly binary commissions and receive a Toyota Corolla car
- Trader Level 8 – Earn 750 BTC or more in monthly binary commissions and receive a BMW 320 car
- Trader Level 9 – Earn 1500 BTC or more in monthly binary commissions and receive a BMW Z4 car
- Trader Level 10 – Earn 5000 BTC or more in monthly binary commissions and receive a BMW 18 car
- Trader Level 11 – Earn 10,000 BTC or more in monthly binary commissions and receive a Lamborghini Huracan car
They also provide residual commissions on binary compensation structure.
Your downline investment volume will be counted every day on both sides of the binary team and you will be paid commissions on the weaker side of your leg. The amount will be dependent on your rank.
- Apprentice – 8% (capped at 2 BTC a day)
- Trader – 9% (capped at 10 BTC a day)
- Senior Trader – 10% (capped at 15 BTC a day)
Additionally, members can earn recruitment commissions through a 3×12 matrix. When an affiliate fills a matrix position they are paid 0.003 BTC a month, as long as each member continues to pay their monthly fee.
So I have researched results from other existing members. A member that I had talked with has earned a documented 174 Bitcoin since December 24, 2016. They were nice enough to show me in their back office and that they have received full withdrawal after the trade period was over. So I do know at this point this is a real trading platform.
To see the company presentation and to make your own decision Click Here
Chris Corey CMO MarketHive Inc
Alan Zibluk Market Hive Founding Member