CryptScalper Review – Legit Investment Opportunity or Big Scam?
Welcome to my CryptScalper Review!
Are you looking for a new online business opportunity?
Have you been searching online and are overwhelmed with all the choices out there?
Determining which companies are legit and which ones aren’t can be hard, but that’s why I’m here!
In my review, I will help you weed out the bad from the good by giving you all the info you need about this company’s background, products, compensation plan, and cost to join.
Let’s dive in!
The CryptScalper website does not provide any information about who owns or operates the company.
The CryptScalper website domain was registered privately as “cryptscalper.com” on the 19th of September, 2019.
According to their website, CryptScalper is incorporated in the UK as “CryptScalper LTD”.
However, it seems that the London address on its website belongs to a charity store.
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CryptScalper has no retail products or services for affiliates to purchase or sell.
Affiliates who sign up can only market the affiliate membership.
Apparently, this is what they claim how it works:
However, take it with a grain of salt because I haven’t seen any proof of this happening yet…
The CryptScalper Compensation Plan
CryptScalper affiliates who want to take part in the attached compensation plan must invest money to earn daily returns.
- Starter – Invest $10 to $99 and receive 1% a day for 90 days
- Investor – Invest $100 to $249 and receive 1.5% a day for 75 days
- Trader – Invest $250 to $2499 and receive 2% a day for 60 days
- Pro Trader – Invest $2500 to $100,000 and receive 2.5% a day for 45 days
Affiliates earn referral commissions on investments made down 3 levels of sponsorship (unilevel):
- 5% on level 1 (personally sponsored affiliates)
- 3% on level 2
- 1% on level 3
Cost to Join CryptScalper
The cost to join as an affiliate is free.
However, to fully participate in the compensation plan, a minimum $10 investment is required.
Investments made into this company are made through PerfectMoney, bitcoin, ethereum or litecoin.
Okay, let’s get to the final verdict…
So, one of the biggest components to be a legitimate online business is the way in which the company generates external revenue.
CryptScalper claims that it generates revenue through an AI trading platform that uses leverage trading algorithms.
Unfortunately, there is no proof provided that any trading is taking place or any other external source of revenue is being used to pay affiliates.
What this means is that it is likely that the company is using new affiliate investment to pay out commissions to existing affiliates.
Not exactly a legal business model.
So, when new affiliate recruitment numbers drop, so will incoming revenue.
Which will lead to an eventual collapse of the company.
My advice here is to hold on to your investment for another opportunity.
Thanks for reading my CryptScalper review! Feel free to leave a comment or question down below…
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