Coinex Trading Platform Review – Legit Crypto MLM or Scam?
Welcome to my Coinex Trading Platform Review!
There has been some buzz about this crypto MLM that’s been operating 794 days while I write this review and I am going to investigate what it’s all about.
Chances are someone approached you about their passive income opportunity and you landed here to make sure it’s legit.
The good news is I am going to walk you through the company, products and compensation plan so you can make the right decision.
Just PAY close attention and read this to the end…
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Alright back to the review…
Coinex Trading Platform Review – What Is It?
Coinex Trading Platform claims it trades for their clients and helps them to get a return on investment.
They do have a UK incorporation but doesn’t mean anything really under the company name Coinex Trade Platform LTD which was done on July 5th, 2019.
The domain “coinex-tp.com” was privately registered on June 27th, 2019.
There is no information on who runs or owns the company anywhere on the website which for me is a red flag.
Coinex Trading Platform Reviews – The Products
Coinex Trading Platform doesn’t have any retail products or services, but you can become an affiliate and promote their affiliate membership.
On top of that, you can also invest into the company…
Coinex Trading Platform Compensation Plan
Coinex Trading Platform has affiliate invest into the company in one of their plans to get a guaranteed return and recruit others that do the same.
Coinex has several investment packages you can choose from with different returns over different period of days.
- Plan 1 – invest $10 or more and receive 120% after 1 day
- Plan 2 – invest $10 or more and receive 210% after 5 days
- Plan 3 – invest $10 or more and receive 800% after 30 days
- Plan 4 – invest $10 or more and receive 2,300% after 90 days
- Plan 5 – invest $10 or more and receive 4,600% after 180 days
- Plan 6 – invest $10 or more and receive 10,000 % after 360 days
- Plan 7 – invest $10 or more and receive 15,500 % after 540 days
- Plan 8 – invest $10 or more and receive 24,000 % after 720 days
Their affiliate program is paid through a unilevel compensation plan that can be three.
Now to increase your first level commissions, you must generate a certain amount of investments.
Below are ALL first personally sponsored percentages and not actual levels deep.
- Level 1 – 1% (generate $5,000 to $10,000 to unlock)
- Level 2 – 3% (generate $10,001 to $50,000 to unlock)
- Level 3 – 5% (generate $50,001 to $100,000 to unlock)
- Level 4 – 7% (generate $100,001.00 to $500,000 to unlock)
- Level 5 – 10% (generate $500,001 to $1,000,000 to unlock)
There is an option to become an official representative but there isn’t any information provided on how to achieve it.
All it does is unlocks another two levels below your initial which makes this compensation plan a three tier unilevel.
- Level 1 – 10%
- Level 2 – 7%
- Level 3 – 5%
Cost To Join Coinex-tp.com Review
Coinex is free to join as an affiliate, but if you want to be part of the investment opportunity you must invest at least $10.
Unlike all the other Coinex Trading Platform reviews out there I am going to keep it real next…
So does the Coinex Trading Platform scam exist?
Let’s just look at the facts…
First, we don’t know who runs or owns the company but wants you to invests funds into it.
Second, their UK incorporation means nothing when it comes to legality for offering securities.
They must register with the FCA to make them legal.
Their address belongs to a commercial building which has no indication that it’s actually Coinex running from there.
What is impressive is the fact this company has been operating for over 790 days.
In this niche, that is extremely rare and to be honest I believe it’s coming to the end of it’s life cycle.
In other words, Coinex Trading Platform exit scam can happen any moment now so if it’s paying and you can take out funds, I would take out the funds and move on.
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I hope you enjoyed my Coinex Trading Platform review and if you have any questions feel free to ask in the comments below…
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