Crypster Review – Legit Digital Currency MLM or Big Scam? Find Out…
Welcome to my Crypster Review!
This is one of the latest companies to pop up and I decided to check it out for myself.
Chances are someone approached you about the business opportunity and now you landed here to make sure it’s something you want to do.
The good news is I am going to walk you through the company, products and compensation plan so you can make the right decision.
Find out if this is legit or a scam…
Crypster Review – The Company
For some reason they have two websites they are operating from.
One is called “crypster.eu” and the other is “crypster.rocks”.
The EU domain doesn’t work anymore, and the “rocks” version is not reachable from the USA.
Looks like they are blocking US IP addresses.
Website itself has no information on who runs or owns the company.
I did find a Crypster marketing video showing Volker Wainig and LinkedIn profile showing him as the founder.
Volker is actually based out of Austria.
In the past, he was the Executive Sales Chief for Trevo and CEO of FlexKom.
That’s all I got on the company, let’s look into the products next…
Crypster Reviews – The Products
For some reason Crypster has no retail products or services for sale.
That just means as a customer you can’t purchase a product, but you can become an affiliate and promote their membership.
Crypster Compensation Plan
Crypster member get started and invest anywhere between 0.01 to 1 BTC on a promise of a 4% weekly ROI.
Commissions are paid on member who sponsor others to invest.
All commissions inside of Crypster is paid through a unilevel compensation plan structure.
This particular unilevel is capped at 5 levels deep.
Note that level 1 is available to new members only.
Level 2 to 5 must be unlocked to the following qualifications:
- Level 2 – Produce 1 BTC of investment across level 1 of your unilevel team (personally recruited affiliates)
- Level 3 – Produce 5 BTC of investment across levels 1 and 2 of your unilevel team (no more than 2.5 BTC counted from any one unilevel leg)
- Level 4 – Produce 10 BTC across levels 1 to 3 of your unilevel team (no more than 5 BTC counted from any one unilevel leg)
- Level 5 – Produce 20 BTC across levels 1 to 4 of your unilevel team (no more than 10 BTC from any one unilevel leg)
Once qualified, you get paid on all five levels:
- Level 1 (personally sponsored members) – 8%
- Level 2 to 5 – 4%
Cost To Join Crypster
Membership will run you anywhere between 0.01 to 1 BTC investment.
Now the moment you have been waiting for inside of this Crypster review!
So does the Crypster scam actually exist?
Apparently the passive income comes from digital currency trading:
Crypster is the platform of choice for ordinary people getting involved in digital currency trading.
However, the company doesn’t provide any trading activities…
Not only that, because they are promising a ROI it becomes a securities offering.
However, they do explain that:
We are also a platform for “Crowd-Trading” – meaning that our community can trade your assets for you, sharing the resulting profits.
You don’t have to actively engage in trading yourself, just watch how your assets grow in weekly trade sprints!
Crypster doesn’t show that they are registered with some kind of SEC equivalent.
In Austria, it’s regulated by the Financial Market Authority.
So right now there are just way too many red flags going on.
First thing is there is securities fraud happening and second thing is it’s just a pyramid scheme because they have no retail products or services.
Not to mention it has a touch of ponzi scheme as well lol.
Anyway, I personally do not recommend this company at all…
I hope you enjoyed my Crypster review and if you have any questions, feel free to ask in the comments below…
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