What is 1Paycoin.com? Is 1Paycoin Scam or legit?
If you are looking to know more about 1paycoin.com and how does it work, then you have arrived at the right place. In this 1paycoin Review, we are going to discuss some queries related to it such as, Is 1paycoin Scam? Or is 1paycoin Legit? Or is 1paycoin Real? Or 1paycoin Fake?
If you do not want to read the whole article then our precise answer is that 1paycoin is working as ponzi scheme so we do “Not Recommend” this site. Ponzi schemes are the schemes in which Company pays its existing members from the investment made by its new members. These types of schemes are unsustainable and they will collapse eventually because they do not have a regular source of income. Once the withdrawal amount increase as compare to the deposited amount then the Company will shut down eventually. In order to find out why we are saying that 1paycoin is a ponzi scheme, You can find it in our detailed review as given below.
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The most recommended website in our list is “Wealthy Affiliate” Company. This company is working successfully from past 13 years. We have provided a detailed review on Wealthy Affiliate in our site. You can visit it by clicking the link: https://onlineincomeresources.com/the-wealthy-affiliate-review-scam-or-legit
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How does 1paycoin work?
1paycoin is Great Britain-based Investment Company which claims to be involved with trading activities in the multi-currency Forex market and on the Stock Exchange. It asks users to invest in the company for getting fast and easy returns on investments. The company offers 7 types of investment plans including 101 % of rate of interest after 1 day between minimum amount of $25 and maximum amount of $500, 110% of interest after 3 days between the minimum amount of $501 and maximum amount of $3,000, 250% after 5 days between the minimum amount of $3,001 and maximum amount of $5,000, and 560% after 65 business days between the minimum amount of $500 and maximum amount of $40,000. Now we must tell you that these rates of interest are way too much for a normal company to pay without having any proper source of income. These companies are working under ponzi scheme.
1paycoin has also not provided any personal information about its owners in the website. They have also guarded their information in the WHOIS record. Sharing personal information with members increases the credibility of website among its members, whereas some companies tries to hide their information so that if someone wants to complaint against them they will not have enough evidence or source. The company is also registered UK company under No. 08458604. The certificate shown in the website is not enough to prove its legitimacy. This certificate is easily available to any company by paying the amount of 20GBP, which decreases its authenticity. There are some other sites in our “Not Recommended” sections that have also shown their UK companies registration certificate and later turned into scam. So we advise our users to be aware of such websites and think before investing in them.
They are also offering referral commission to their members. Their referral program uses multilevel referral commission which will pay 2%from each first level of referral, 1% from second level of referral, and 1% from third level of referral. Using these referral commissions one can earn up to 11% as regional representatives.
We do Not Recommend 1paycoin to our users. Greed of good money can cost you a loss of your hard earned money. They will pay initially to their members for building a reputation among its members but after some time they are going to run away. So we advised you to stay away from this site.
If you are looking for a genuine website with sustainable income resource then we recommend you “Wealthy Affiliate”. The Wealthy Affiliate offers varieties of online training programs which can help you in earning money online. For knowing more about Wealthy Affiliate please click the link: https://onlineincomeresources.com/the-wealthy-affiliate-review-scam-or-legit
If you still have some queries regarding 1paycoin or want to share something related to same with us then please let us know by commenting below in the comment section. We will be pleased to hear from you.