Geniex Review – Legit 4.5% ROI Crypto MLM or Scam?
- Crypto MLM Reviews
- November 4, 2021
Welcome to my Geniex Review!
There has been some buzz about this latest crypto MLM to pop up and I decided to take a closer look.
Chances are someone approached you about the business opportunity or the investment opportunity and now 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 make sure you pay close attention and watch this to the end…
Before I jump into this, if you want to learn how you can build a wildly profitable business online step by step over the shoulder with one on one mentoring, then you gotta check out this video.
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Anyway back to this review…
Geniex Review – What Is It?
Geniex Group Ltd uses trading robots to generate returns from cryptocurrency transactions.
Geniex doesn’t disclose who runs or owns the company.
I did do some research on their domain “geniex.cc” and found out it was privately registered on September 30th, 2021.
They do have an address on their website “Tallis House, 2 Tallis Street, London, England, EC4Y 0AB” and found out that belongs to Regus which is an office space company.
In other words, they don’t have a physical location…
For me those a pretty big red flags for an investment company, but let’s keep going in this Geniex.cc review…
Geniex Reviews – The Products
Geniex doesn’t offer any retail products or services, but you can become an affiliate and promote the affiliate membership.
Once you become an affiliate, you can also invest into the company.
Another thing Geniex.cc offers is their own crypto token which they just call “Geniex.cc token”.
As of right now it’s not publicly traded and you can buy it from Geniex for $1 for 1 Geniex token.
They plan to release this on Pancakeswap where you can use MetaMask or Binance Chain wallet.
Geniex Compensation Plan
Geniex has affiliates invest into the company on a promise they will get a guaranteed return on investment.
Geniex has just one investment plan where you can deposit several different cryptocurrencies or USD.
To make things simple, I am just going to use USD for my example.
- Invest $40 to $100,000 and receive 4.5% daily for 33 days.
I did the math on $100,000 because why not right?
With $100,000 invested, I will receive $4,500 a day for 33 days which makes total income $248,500.
Net return will come in at $148,500.
If you want to withdrawal your principle, there is a 15% fee.
Referral Program
Geniex has two sets of commission rates for deposits and income.
Commissions are paid as a percentage on the deposits and income of your downline members through a three tier unilevel compensation plan.
Deposit Commissions
- Level 1 – 4%
- Level 2 – 2%
- Level 3 – 1%
Income commissions
- Level 1 – 7%
- Level 2 – 4%
- Level 3 – 2%
Cost To Join Geniex.cc Review
Geniex Global LTD is free to join as an affiliate, however, if you want to be part of the investment opportunity you must invest at least $40.
Unlike all the other Geniex.cc reviews out there I am going to tell you the truth in the final verdict below.
Final Verdict
So does the Geniex scam exist?
Let’s just look at the facts…
First we have no idea who runs or owns the company but wants you to invest anywhere between $40 to $100,000.
Second, they claim to generate these crazy returns through crypto bot trading but they show no proof of that happening.
Third, if they could legally pull in 4.5% daily returns, they wouldn’t need affiliates or an investment plan that starts at $40.
Sometimes you have to think about logically.
I personally don’t recommend this company, but as of right now they are paying out.
However, you just never know when they will pull an exit scam on people.
If you want to learn how to build a proper profitable business online, check out my number 1 recommendation where you never have to worry about being exit scammed on.
My #1 Recommendation
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I hope you enjoyed my Doubledollar.ltd review and if you have any questions feel free to ask in the comments below…
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See you at the top,
-Jesse Singh
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