Exchange Wallet Review – Legit Business or Another Scam?
Welcome to my Exchange Wallet Review!
Are you looking for a new online business opportunity, but you aren’t sure where to start?
With so many new companies popping up daily, it can be hard to know which ones are legit and which ones aren’t.
My job is to help you decide which company is the best one for you and your investment.
And I will do that by giving you the info you need about the company’s background, products, compensation plan, and cost to join.
Let’s dive in!
Exchange Wallet Review – The Company
Exchange Wallet is part of the cryptocurrency MLM niche.
With what looks like a virtual address in Slovenia, the company lists Christian Kurt Singer as its CEO.
The Exchange Wallet website is the only place I was able to find Christian Kurt Singer’s name, meaning he has no other digital presence aside from this company.
One thing I did manage to discover is that the company website defaults to German and its website domain was registered with an address in Carinthia, Austria.
This likely means that whoever is running the company is based out of Austria.
Exchange Wallet Reviews – The Products
Exchange Wallet does not have any retail products or services to offer.
Affiliates who join can only market the Exchange Wallet affiliate membership.
The Exchange Wallet Compensation Plan
To take part in the compensation plan, Exchange Wallet affiliates must invest in EXW tokens for an advertised 0.1% to 0.32% daily ROI.
Daily returns are paid in EXW tokens.
Exchange Wallet Affiliate Ranks
Exchange Wallet’s compensation plan features 10 affiliate ranks.
Each has its own respective qualification criteria, which looks like this:
- Basic – Sponsor 1 affiliate
- Starter – Sponsor 2 affiliates
- Builder – Sponsor 3 affiliates
- Pro Builder – Sponsor 6 affiliates
- Expert Builder – Sponsor 8 affiliates
- Ambassador – Sponsor 10 affiliates
- Grand Ambassador – Sponsor 12 affiliates
- Diamond – Sponsor 14 affiliates
- Diamond Ambassador – Sponsor 16 affiliates
- World Elite – Sponsor 20 affiliates
Referral commissions and tracked and paid through a unilevel compensation structure.
A unilevel compensation structure puts an affiliate at the top of a unilevel team that places every personally sponsored affiliate right under them on level 1.
When level 1 affiliates sponsor new affiliates, they are put on the 2nd level of the original affiliate’s unilevel team.
When level 2 affiliates sponsor new affiliates, they are put on the 3rd level, and this continues on down as many levels as are needed.
Referral commissions are capped at ten levels of sponsorship.
- Level 1 – 50%
- Levels 2 and 3 – 20%
- Level 4 – 10%
- Levels 5 to 7 – 5%
- Levels 8 and 9 – 2%
- Level 10 – 1%
The amount of levels that an Exchange Wallet affiliate earns referral commissions on depends on rank:
- Basic ranked affiliates earn on level 1
- Starter ranked affiliates earn on levels 1 and 2
- Builder ranked affiliates earn on levels 1 to 3
- Pro Builder ranked affiliates earn on levels 1 to 4
- Expert Builder ranked affiliates earn on levels 1 to 5
- Ambassador ranked affiliates earn on levels 1 to 6
- Grand Ambassador ranked affiliates earn on levels 1 to 7
- Diamond ranked affiliates earn on levels 1 to 8
- Diamond Ambassador ranked affiliates earn on levels 1 to 9
- World Elite ranked affiliates earn on levels 1 to 10
Cost to Join Exchange Wallet
The cost to join Exchange Wallet as an affiliate is an investment in EXW tokens.
The company website doesn’t specify a minimum investment amount nor does it mention the current internal EXW value.
Okay, let’s get to the final verdict…
In order to take part in this company, affiliates are required to buy the company token.
A token that was created by and controlled by the company itself.
It’s the company that determines the token’s value.
What that means is that it has absolutely no value outside of the company.
So, if the company were to collapse, it would leave affiliates a bunch of worthless tokens and a lost investment.
The only people who stand to make any kind of profit are those at the top.
These individuals will likely cash out quickly, taking more funds than are coming in, which will lead to the collapse of the company.
So, my advice here is to maybe skip this one and wait for a better opportunity.
Thanks for reading my Exchange Wallet review! Feel free to leave a comment or question down below…
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