Welcome to my Vixes Review!
This is another cryptocurrency MLM company that promises passive returns to pop up and I decided to take a look.
Maybe someone approached you about the passive 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 plans so you can make the right decision.
Just PAY close attention and read this to the end…
Vixes Review (Company)
Vixes has no information on who runs or owns the company which is a red flag in my humble opinion.
To find this information, I decided to take a look at their domain name “vixes.biz” and found out it was privately registered August 6th, 2019.
To make themselves look more legit, Vixes has an address in New South Wales, Australia.
So I checked out this address and found it was was shared by Servcorp, which is a virtual address provider.
Most of the traffic coming into the website is from Brazil, Venezuela and Egypt.
To be honest I wouldn’t be surprised the owner(s) are running it from one of those three countries…
When it comes to having legit products or services that can be sold to retail customers, there is nothing for you here…
They have no retail products or services, but you can become an affiliate and promote their affiliate membership.
On top of that you can start investing to get a daily return…
Vixes Compensation Plan
Vixes affiliate invest cryptocurrency on a promise they can get a 1% to 3% daily ROI.
Cryptocurrencies Vixes promotes investment in bitcoin, bitcoin cash, bitcoin SV, digibyte, dogecoin, ethereum, ethereum classic, litecoin, syscoin and verge.
The more you invest the more you get as a daily ROI rate.
Referral commissions are paid through a unilevel compensation plan structure.
- 7% on level 1 (personally sponsored affiliates)
- 2% on level 2
- 1% on level 3
Cost To Join Vixes
Vixes affiliate membership is free.
If you want to be part of the investment opportunity you must drop cryptocurrency in their investments…
Unlike all the other Vixes reviews out there I am going to keep it real with you so PAY close attention and read this to the end…
So does the Vixes scam exist?
Let’s look at the facts shall we?
First Vixes claims to be a “world leader in the cryptocurrency mining market”, basically saying it generates all external revenue through cryptocurrency mining.
On top of that it claims to have an Australian mining farm which corresponds with it’s Australian address.
However, they don’t have a mining farm in the middle of Sidney or ANY mining farm anywhere around the world.
In order for Vixes to legally operate with their passive returns they must register with the proper securities regulators.
Because most of the traffic is coming from Brazil, Venezuela and Egypt, lets start there.
After taking a look I can tell you that they are not registered there or anywhere.
Only investments I do see coming into the company are NEW investments from affiliates.
These new affiliates pay off existing investors to pay these returns.
In other words this company is nothing more than a ponzi scheme.
Once recruitment slows down it will cause a collapse of these returns and the company will go under with YOUR hard earn investments.
Because the ownership has stayed anonymous there is no one to be held accountable…
For all of the reason above, I can’t recommend this company to anyone…
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