UpCoin Review – Legit Opportunity or Another Scam? Find Out…

Welcome to my UpCoin Review!

Chances are you are here because someone on social media reached out to you about this opportunity…

You may be completely new to the MLM world, or perhaps you have joined several companies in the past…

Either way, you are here because you want to answer one very important question…

Is this business legit or not?

My review will give you all the information you need about the company, the products and the compensation plan.

So let’s get to it!

UpCoin Review – The Company

Upcoin review

Well, I couldn’t find any concrete information on the company website in regards to who owns or operates UpCoin.

I did discover that the UpCoin website domain was registered privately as “upcoin.com” on the 21st of November, 2016.

Not very much information here…

So let’s get to the products…

UpCoin Reviews – The Products

UpCoin does not offer any retail products or services.

Affiliates who join UpCoin are only able to market and sell the affiliate membership.

The UpCoin Compensation Plan

The first compensation claim I came upon was the claim that UpCoin pays their affiliates ‘up to 500 satoshi every 20 min‘.

For those who don’t know, 500 satoshi is equal to 0.000005 BTC, which is about $0.005 USD (half-cent).

There is a referral commission of 30% that is paid out on satoshi that is paid to personally sponsored affiliates.

Every UpCoin affiliate who joins must also pay a $1 membership fee, which is then used to pay recruitment commissions through a binary compensation structure.

This type of compensation structure puts an affiliate at the top of a binary team that splits into a left and right side.

The first level of the binary team holds two positions and the second level is made by adding another two positions under each of the first two.

Binary team positions are filled through direct and indirect sponsorship of new affiliates.

Subsequent binary team levels are made as they are needed, with no current restrictions as to how deep the team can grow.

Aside from the 20 cent direct recruitment commission, affiliates can also earn 20 cents for every affiliate that is placed into their binary team.

Cost To Join UpCoin

The cost to join UpCoin as an affiliate is $1.

Verdict on UpCoin

Another company based on recruitment…

No real products or services to offer…

You know what this means…

This company will most likely collapse in a short time period…

With nothing to offer affiliates besides recruitment commissions, once recruitment slows down, so too will the commissions…

So, as I always say, join at your own risk…

Just know that you will probably be looking for another company to join very soon…

I hope you enjoyed my Upcoin review, and if you have any questions, please leave them in the comments below…

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