Cryptify Trading Review – Legit Telegram Bot MLM or Scam?

Welcome to my Cryptify Trading Review!

There has been some buzz about this company so I decided to take a look to see what it was all about.

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

Making the WRONG decision here could cost you a ton of money and time…

Trust me you don’t want to go through that so PAY close attention to what I am going to say and read it to the end…

Cryptify Trading Review – The Company

Cryptify Trading Bot Review

All MLM companies should have good information on who runs and owns the company.

Not only that, they should have a vision that is motivating to join and press forward with.

Cryptify Trading only exists as a Telegram messaging platform through a few social media channels.

So they have no website and run by people we have no clue about…

Euro’s are used which could mean it’s someone in Europe who is running the show…

They did get a securities fraud warning in Austria which isn’t a good sign already. [1]

Panama city is apparently the address that this company is from, but that could just be a shell company.

Why would Austria be the first to give them a warning?

Most likely it’s run from Austria…

I personally don’t join anything unless I know who the leadership and vision is…

Anyway, let’s take a look at the products next inside of this Cryptify Trading review…

Cryptify Trading Reviews – The Products

Network marketing companies are REQUIRED to have retail sales of some kind from either a product or service or both…

This is LAW in many countries…

If it doesn’t have one at the retail level, governments around the world would consider this a pyramid scheme of some kind…

So after digging in the products, I found out they got NOTHING for retail at all.

All you can do is become an affiliate and promote the Cryptify Trading affiliate membership.

Let’s look into the compensation plan next so pay close attention now you made it this far!

Cryptify Trading Compensation Plan

Cryptify Trading has members invest  €100 to €50,000 EUR or even more on a promise of a 4.9% weekly ROI which is paid out in 18 months.

Hmmm….

Cryptify Trading Ranks

You can qualify for nine ranks in total:

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

I couldn’t find any qualification criteria needed to hit those ranks.

Sucks when in 2020 you don’t have a website lol.

Referral Commissions

You can get 10% commissions on your personally sponsored affiliates invested funds.

The higher you rank, the higher your commission rate:

  • Bronze affiliates receive 12%
  • Silver affiliates receive 14%
  • Gold affiliates receive 16%
  • Platinum affiliates receive 18%
  • Sapphire affiliates receive 20%
  • Ruby affiliates receive 21%
  • Emerald affiliates receive 22%
  • Royal Star affiliates receive 23%
  • Diamond affiliates receive 24%
  • Double Diamond affiliates receive 25%

Residual Commissions

Cryptify Trading pays you residual commissions through a binary compensation plan.

That just means you have a LEFT and RIGHT position right under you which can be filled directly or indirectly by your team members.

At the end of each day, Cryptify Trading adds up all the investment volume and pays you a percentage on the lesser leg.

This will depend on your rank of course:

  • Bronze – 2%
  • Silver – 4%
  • Gold – 6%
  • Platinum – 8%
  • Sapphire – 10%
  • Ruby – 11%
  • Emerald – 12%
  • Royal Star – 13%
  • Diamond – 14%
  • Double Diamond and higher – 15%

WorldWide Share Bonus

Cryptify Trading takes 2% of all company wide sales volume and drops it in three pools below:

  • Triple Diamond – 1%
  • Black Diamond – 0.7%
  • Carbonado Diamond Pool – 0.3%

Pay out frequency isn’t disclosed…

Cost To Join Cryptify Trading Bot

Cryptify Trading Bot affiliate membership is actually free.

But if you want to make those CRAZY Roi’s, you need to invest anywhere between €100 to €50,000 EUR investment.

Unlike all the other Cryptify Trading Bot reviews out there I am going to tell you how it is so PAY close attention now…

Final Verdict

So does the Cryptify Trading Bot scam exist?

Well, let’s look at some of the facts…

They have NO website to begin with…

We have NO idea who is running the show…

Telegram normally just shuts these down after a few months…

So do you think it’s a good idea to invest your hard earned money into this?

Heck NO!

Let’s take a look at this logically…

If they could really produce 4.9% ROI’s every week, why would they need any affiliates?

The truth is there is no stupid bot.

It’s just newly invested funds paying off existing members…

Once recruitment slows down, this company will disappear and goodbye hard earned money.

So…

I do NOT recommend this company in my humble opinion, but end of the day you can do what you want with your money.

I hope you enjoyed my Cryptify Trading Bot review and if you have any questions, feel free to ask in the comments below…I don’t bite lol.

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Cryptify Trading Bot

-Jesse Singh

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