Cryptify Trading Bot Review – Compensation Plan Overview

Cryptify Trading Bot Review
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Cryptify Trading Bot Review:

I assume that you are here because you would like to understand and learn more about the Cryptify Trading Bot and its compensation plan. I believe you are interested in making money from this company.

Cryptify Trading Bot Review
Cryptify Trading Bot Review

I will share all the insights and the information about this company and their compensation plan and will let you know my thoughts on whether this is some kind of scam or not. All this is information that I will be sharing with you here is due to my interest in the field of MLM companies.

I will help you get information about the company, its products, and the compensation plan so you can make the right decision on whether you will be joining this company or not. While I am sharing this information with you, I would request you to please read till the end to get a fair idea.

 

Company Overview:

I believe you are already aware that most of the MLM companies are legit and they are very transparent about their company goals and vision. Whereas Cryptify Trading does not even have a website and nobody knows who runs the company. They are just present in a few of the social media platforms such as Telegram chat and a few other social media platforms.

They use Euro as their currency that makes me believe that they are based out of Europe and there are high chances that they are located in Austria as they launched themselves in Austria in October of 2019. Fraud warnings have already been issued to the Austrian authorities. Well, that is a bad start for them.

 

Cryptify Trading Bots Products:

Any product or service is an absolute must for an MLM company, or else the company falls under the Pyramid scheme. Cryptify Trading Bots do not have any products or services, however, the only thing that you may promote is their affiliate membership.

Pyramid Scheme: Pyramid Schemes are scams. They may look like legitimate MLMs but if you become a part of the Pyramid Scheme, it can cost you and your distributor’s money, time and effort.

 

Cryptify Trading Compensation Plan:

The Cryptify Trading members invest €100 to €50,000 EUR and they get a promised ROI of 4.9% weekly for 18 months. Even the top traders in this world will not be able to pull this amount of ROI.

 

Ranks inside Cryptify Trading:

  • Bronze
  • Silver
  • Gold
  • Platinum
  • Sapphire
  • Ruby
  • Emerald
  • Royal Star
  • Diamond
  • Double Diamond
  • Triple Diamond
  • Black Diamond
  • Carbonado Diamond

Though there are no mentioned qualifications for these ranks. I was not able to find out the reason behind it.

 

Residual Commission Payout:

In this, Cryptify Trading basically adds up all the investments each day and pays a percentage on the lesser side, where the Bronze rank receives the least percentage and the carbonado diamond rank receives the highest percentage of profit.

 

Referral Commission Payout:

You will be able to earn 10% of the amount invested by your personally invested members. The amount gradually increases as the ranking increases. The lowest being the Bronze ranked and the highest being the Double Diamond.

 

Worldwide Share Bonus:

Cryptify Trading takes 2% of the company sales and distributes among the three groups.

  • Triple Diamond
  • Black Diamond
  • Carbonado Diamond

 

Joining:

There are no charges for joining the Cryptify Trading. That is absolutely free of cost. However, if you would like to earn crazy ROI, you will have to spend between €100 to €50,000 EUR

 

Verdict: Cryptify Trading Bot Review

So, what do you think? Does Cryptify Trading Scam really exist? There is no real website, no hierarchy or management or any information about the ownership. There are fraud reports with the Austrian authorities, Telegram shuts them down frequently.

Cryptify Trading Bots claim that they receive their money from the cryptocurrency trading but that is incorrect and if they have this kind of income flow, then the next question arises why would they need affiliates.

Finally, in my honest and humble opinion, I would never recommend investing in such a company. But in the end, you are the best judge or the decision-maker about your investments.

Hope you enjoyed about our article on “Cryptify Trading Bot Review”. Please do follow us on LinkedIn to know get updated with our latest articles and in below section share your thoughts or comments. Thanks for reading!

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