Coinbase Service Review – Legit Business or Just Another Scam? Find Out Here…
Welcome to my Coinbase Service Review!
I have been hearing some buzz about this company, so I decided to examine what it was all about…
Chances are maybe you were approached by a company rep or maybe you were spammed on Facebook about the business opportunity.
You are not alone, and that’s probably why you are here, because you want to make sure this opportunity is actually legit right?
You are doing your research, and that’s a great first move.
So many people jump into opportunities without thinking about it beforehand and then end up feeling scammed in the end.
In this blog post, I am going to walk you through the company, the products and compensation plan and maybe put some rumors to rest.
Let’s get going!!
Coinbase Service Review – The Company
A little digging into the past of this company reveals that the Coinbase Service website domain was registered privately as “coinbaseservice.com” on the 16th of October 2017.
Corresponding to Coin Base UK Service Limited, there is a UK incorporation certificate that’s available on the company’s website.
It was on the 26th of October 2017 that Coin Base UK Service Limited was incorporated with an office address located in London and Richard Walsh listed as the sole Director of the company.
“Tyrone Lynch” is who the company website identifies as their founder.
There is no information that exists beyond the incorporation which actually links either gentlemen, Tyrone Lynch or Richard Walsh, to the company.
Coinbase Service Reviews – The Products
Coinbase Service has no retail products or services for affiliates to purchase or sell.
However, affiliates who join Coinbase Service can market the affiliate membership.
The Coinbase Service Compensation Plan
Affiliates who want to participate in the company compensation plan are required to sign up and invest into the company.
There is an agreement between company affiliates and the company, where affiliates who invest will receive a ROI daily.
- Basic – Invest $5 to $1,000,000 and receive a daily 12% ROI for 12 days (144%)
- Extender – Invest $500 to $1,000,000 and receive a daily 18% ROI for 10 days (180%)
- VIP – Invest $1000 to $1,000,000 and receive a daily 25% ROI for 8 days (200%)
Paid down to level 2 of sponsorship (unilevel), referral commissions are available on the capital (funds) by sponsored affiliates:
- Level 1 (personally sponsored affiliates) – 5%
- Level 2 – 2%
Cost To Join Coinbase Service
The cost to join Coinbase Service as an affiliate is free, however, affiliates with the free membership can only earn referral commissions from the company.
If you would like to fully participate in this business opportunity and the company compensation plan, there will be a $5 minimum investment needed.
Verdict on Coinbase Service
Coinbase would have been fine if they were transparent about who they are, had some kind of retail product/service and didn’t promise ROI’s…
Those are 3 huge red flags that you should take into consideration before joining ANYTHING really…
Because of those 3 things, I wouldn’t even waist anytime getting started with this because it won’t last…
Their ROI’s are based on newly invested funds paying off existing members and that is why they can give you an ROI…
However, that will be short lived because once recruitment slows down, no more ROI.
You see what I mean?
Anyway ladies and gentlemen don’t be a sucker here 🙂
I hope you enjoyed my Coinbase Service review and if you have any questions please leave them in the comments below
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