Swapnex Review – SCAM or Legit Crypto MLM Company?
- Crypto MLM Reviews
- April 30, 2022
Welcome to my Swapnex Review!
There has been some buzz about this company so I decided to take a closer look to see what it was all about.
Chances are someone approached you about their passive returns 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 PAY close attention and read this to the end…
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Now if you still want to learn more about Swap Nex, keep reading…
What Is SwapNex Review?
Swapnex offers traders several different exchanges for the best trading opportunities.
There are more than 10 exchanges on the Swapnex platform. We regularly update and expand the list of the exchanges. You can opt for both manual and automated trading. Open and close orders on different trading platforms on your own, solely relying on your knowledge and background. Or let the AI do all the work for you! Choose a suitable account plan and add upgrades for providing the maximum trading result.
When it comes to registrations, they do have one for Swapnex PTY LTD in Australia with the company number 646 838 753.
Now this is a company registration and not a regulator one…
On the website there is no information on who runs the business…
The domain “swapnex.io” was privately registered on December 17th, 2020 and updated on April 4th, 2022.
What Are Swapnex.io Products?
Swapnex.io doesn’t have any retail products or services, but you can become an affiliate and promote their affiliate membership.
Once top of that, you can also invest into the company…
Other crypto MLM companies I reviewed that are similar are EminiFX and COTP.
How To Make Money With Swapnex.io Review
There are two ways you can make money with Swapnex.
First way is to invest into the company on a promise of a passive return.
Second way is to you recruit new affiliates who invest and start earning a commission.
Swapnex offers three investment plans in total, but they do not disclose the return you can earn.
- Start – invest $200 which is locked for 30 to 90 days and receive a return
- Personal – invest $500 which is locked for 120 days and receive a return
- Professional – invest $1500 which is locked for 180 days or 360 days and receive a return.
Swapnex pays their commissions through a unilevel compensation plan that is five levels deep in total.
- Level 1- 10%
- Level 2 – 2%
- Level 3 – 1%
- Level 4 – 0.5%
- Level 5 – 0.5%
If you qualify for “Representative” you can receive a higher commission rate across the five levels.
- Level 1- 20%
- Level 2 – 10%
- Level 3 – 6%
- Level 4 – 2%
- Level 5 – 1%
There is no information on the qualifications needed to hit this “Representative” status.
Other bonuses include Monthly and Leadership.
Cost To Join Swapnex.io Reviews
The Swapnex affiliate membership is actually free, but if you want to be part of the investment opportunity you must drop $100 to $1500 at least.
What Are Other Swapnex Reviews Saying?
Most of the Swapnex reviews are positive because they are done by affiliates who want to recruit you into the company.
The ones that are calling Swapnex.io a scam are third party so you should take that into consideration.
Does The Swapnex Scam Exist?
Does the Swapnex scam exist?
Let’s just look at the facts…
First, we don’t know who runs or owns the company which is a huge red flag.
Second, they have no registrations to actual financial regulators because they are offering passive returns.
Third, they talk about this AI trading bot, but couldn’t find any proof of it working.
What I do see is new investments paying off existing members which makes this company a ponzi scheme.
Once recruitment slows down, this company will just exit scam…
Do NOT invest in this ponzi scheme!
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