Thanks for stopping by to read my Multiple TradeX Review!
With Bitcoin doubling and tripling over the past few months the crypto MLM’s seem to be gathering momentum.
It keeps us really busy with everyone asking me to do reviews and if a company is legit or just another scam.
So here I am giving you the goods on Multiple TradeX.
Today I’ll be going over the companies background, their product (if one exists) and compensation plan.
So let’s get going… Are you ready?
Multiple TradeX Review
It’s becoming a very common occurrence but here we have ANOTHER crypto MLM with no information on who owns or operates the company.
If you go over to their website “multipletradex.com” they do reference “iprofits247.com” in the about section.
This seems to be a “clone” site.
Multiple TradeX says that they are registered in the USA however I could only find a UK incorporation over at their website.
This is very typical with these sort of ROI crypto MLM’s because it’s very easy to acquire and inexpensive.
Minefield LTC incorporation was acquired in 2009 and dissolved in January 2019.
Both Multiple TradeX and iProfit domains were both registered privately in Feb and April of 2019, it’s hard to know if they are related to Minefield in any way.
What I can tell you is that their website offers its content in English, Russian, Chinese and Vietnamese.
They also have a “Chat Box” with a live person you can click in the bottom right corner of their website.
Multiple TradeX Products
There are no product or services available but you can buy the affiliate membership and market to others.
Here are some other similar companies:
- Xsinergia Review – Legit or Scam
- Farm Mining Review – Legit or Scam
- Cash FX Group Review – Legit or Scam
Multiple TradeX Compensation Plan
This company is actually doing things a bit differently so that’s sort of good I suppose.
You need to invest bitcoin which is the norm however they are taking somewhat of a different approach.
There are only three levels to buy in at and they are relatively low.
Also Multiple TradeX claims they will pay out returns as “lifetime income” which sounds like as long as the company is in business?
This is very straightforward and easy to understand.
You are paid on three levels on a unilevel.
So you can sponsor as many people as you like and get paid on three levels.
Cost to Join Multiple TradeX
To become an affiliate with Multiple TradeX it’s free.
Free affiliates can actually earn without having to invest anything.
However if you want full participation in the income opportunity you must invest a minimum of 0.03 BTC.
Multiple TradeX Conclusion – Legit or Scam?
Remember the old saying “if it walks like a duck, quacks like a duck and swims like a duck then it’s probably a duck”.
And nothing different here unfortunately.
The problem I have with basically ALL the ROI Crypto MLM’s that are popping up like wildfire there is no proof.
We see a nice website with lots of cool bells and whistles and that’s about it.
When you go to Vegas and watch a magic show it sure looks real but it’s all “smoke and mirrors” meaning it’s not.
If these ROI companies can make such a great profit trading, mining or with arbitrage why would they give away their secrets?
They could easily take chunk of money and drop it in their golden goose and watch it grow into millions.
At the end of the day what we are seeing is bitcoin flowing in and out of these companies with new people coming in and investing their bitcoin.
Then they are taking a small % of this and paying out commissions.
That is illegal and just an example of a classic Ponzi scheme.
I will admit that Multiple TradeX is less complicated and low buy ins but that’s not saying it’s legit.
Personally I would stay away from Multiple TradeX and look for another way of earning income online.
Hope you enjoyed my Multiple TradeX Review if you have any questions, comments or concerns feel free to leave in the comments below.
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