Welcome to my Twindax Review!
This is the latest cryptocurrency HYIP MLM to pop up and I decided to take a closer look.
Chances are someone approached you about the business 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 to join or not…
PAY close attention and read this to the end…
Twindax Review (Company)
Twindax doesn’t formerly say who the leadership behind the company is but they do have a Chris Walker and Ashton Taylor in the contract us section with email and phone number.
They don’t have any titles and don’t exist outside the company.
Look like a bunch of fake news and stock photo’s to me…
To build credibility they have an ASIC registration for TWINDAX PTY LTD.
It looks like the ASIC is the second most popular place to register corporations next to the United Kingdom.
Don’t mistake this registration as a securities registration because it’s not.
Even though ASIC is also Australia’s securities regulator.
As you can see it was incorporated March 24th, 2021.
According to WHOIS domain tools, the domain “twindax.com” was registered on March 25th, 2021.
Registration information is private and they are using cloudflare…
Because the company is so new I couldn’t find any traffic stats as of right now but will update that part in the future.
Overall the company isn’t transparent which is a huge red flag…
Wait before you keep going…
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Twindax Reviews (Products)
Twindax helps clients to make a profit or return through trading cryptocurrencies.
WHO is exactly doing the trading unknown…
When it comes to retail products and services, nothing is being offered here.
All you can do is become an affiliate and promote the affiliate membership.
Twindax Compensation Plan
Twindax has affiliate invest funds into the company on a promise they will get some kind of return.
Funds that can be used is perfect money, bitcoin, ethereum, litecoin and tether.
TwinDax has three categories you can invest in which are called Classic Revenue, Advanced Income and Mega profits.
Each package has different investment tiers you can invest in…
- Classic 1 – invest $20 to $250, receive 2% daily up to 30% total over 15 working days
- Classic 2 – invest $500 to $1,000, receive 2.2% daily up to 44% total over 20 working days
- Classic 3 – invest $1,000 to $2,500, receive 2.4% daily up to 60% total over 25 working days
- Classic 4 – invest $2,500 to $5,000, receive 2.7% daily up to 81% total over 30 working days
- Classic 5 – invest $5,000 to $10,000, receive 3% daily up to 105% total over 35 working days
- Advanced 1 – invest $2,000 to $15,000, receive 3% daily up to 300% total over 100 working days
- Advanced 2 – invest $15,000 to $50,000, receive 3.5% daily up to 350% total over 100 working days
- Advanced 3 – invest $50,000 to $100,000, receive 4% daily up to 400% total over 100 working days
- Advanced 4 – invest $100,000 to $250,000, receive 4.5% daily up to 450% total over 100 working days
- Advanced 5 – invest $250,000 to $1,000,000, receive 5% daily up to 500% total over 100 working days
- Advanced 6 – invest $1,000,000 to $100,000,000, receive 6% daily up to 600% total over 100 working days
- Mega – invest $20 to $1,000,000, receive 7% daily up to 700% total over 100 working days
Referral commissions are paid as a percentage of the invested funds through a unilevel compensation plan structure.
Twindax caps their unilevel at 10 levels deep.
- Level 1 – 10% (Personally sponsored affiliates)
- Level 2 – 5%
- Level 3 to 10 – 1%
Cost To Join Twin Dax
The cost to join TwinDax will run you a minimum investment of $20….
Unlike all the other Twindax reviews out there I am going to keep it real with you in the final verdict.
So does the Twindax scam exist?
Let’s just look at the facts…
We have no idea who runs or owns the business because they decided to use fake names and stock photo’s.
The ASIC registration is meaningly in the grand scope of things.
Remember, Beurax was registered with the ASIC and look where that is now…
Twindax claims it generates all it’s external revenue through trading.
That’s all fine and all but when you can’t back up those claims it’s just cheap talk…
Only revenue I do see coming into the company is new investments paying off existing members which makes this a ponzi scheme.
Let’s look at this logically as well…
Mega Profit package claims 7% daily for 100 days which is a total of 700%.
If you drop in $1,000,000 you will make a minimum of $7,000,000 in just over 3 months…
Does that sound legit to you?
If anyone has that ability to do it legally would they need a compensation plan structure?
All they would need is a handful of investors and become billionaires in a short few years.
When you bring in logic, it all makes sense.
I don’t recommend this ponzi scheme called Twindax.
Anyway, I hope you enjoyed my Twindax review and if you have any questions feel free to ask in the comments below…
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