Is EmpowerCoin a Scam?- Important Review Facts!
Is EmpowerCoin a Scam?- Important Review Facts!
Price: 0.05 BTC- 10 BTC
Overall Rating: 2 Out of 10
You must have been getting a lot of hints and news about the EmpowerCoin on the social media and other sources. And you are wondering if it’s a good opportunity to earn on the internet.
EmpowerCoin is happened to be few of the MLM in the market today, and we will be delving more into what the company is all about and their various compensation plan.
You have made the right decision by checking on our review on this website because many people invest into a business and never know what all is about.
Please through the review below to find out whether EmpowerCoin could potentially be worth your time or if you are better off exploring other options to making money online.
What Is EmpowerCoin All About?
This is an MLM business opportunity with no or little information about the people that are running the company.
With hours of research about the people behind the business opportunity, I never got any information about the people running this company.
The website name (empowercoin.com) got registered April 2017 but registered privately.
(courtesy of WHOIS)
Because I was unable to trace the people behind the site and where they are operating for, which makes the website or the business opportunity a bit suspicious.
That’s all I could get about this company, which shows the kind of business opportunity they are bringing to the table.
If you have something good to offer, why hide your information?
What Are EmpowerCoin Products?
This company doesn’t have a physical product to offer their customers. The affiliates sell their member’s membership opportunity.
For me, this is a red flag of a scam, because most similar MLM that got a lot of people scammed has similar characteristics.
We will also be discussing the compensation of this company which forms an important part of the company.
How Do You Earn With EmpowerCoin?
If you decide to join this company, you will be offered an income opportunity.
This opportunity will require you to invest a particular sum of money and get a 200% return on investment (ROI) over a period 50 to 90.
They have various levels of affiliates to choose from. Below are the various ways you can earn from them:
- E1 — Affiliates will be required to invest 0.05 BTC and then entitled to 200% ROI within 90 days of investment.
- E2 — Affiliates invest 0.1 BTC and be qualified for 200% ROI 90 after the investment.
- E3 — Affiliates invest 0.3 BTC and get 200% return on investment within 90 days.
- E4 — Affiliates invest 0.5 BTC and then earn a 200% return on investment within 90 days later.
- E5 — Affiliates invest 1 BTC and get 200% ROI within 90 days.
- E6 — Affiliates invest 2 BTC and then get 200% ROI 60 days later.
- E7 — Affiliates invest 4 BTC and then get 200% ROI within 50 days after your investment.
- E8 — Affiliates invest 10 BTC and get 200% ROI within 50 days of investment.
The commission is paid on the binary system, and the more you invest, the more the opportunity of earning.
The Cost Of Joining EmpowerCoin
If you want to enter the EmpowerCoin, you will be required to fund into one of their plans we have listed in the compensation plan (E1, E2…..).
An affiliate can start with the plan E1 which is valued at 0.05 BTC, and allow their members to make money from the residual binary commission.
But if you want to earn from their opportunity, you should invest in their E2 plan and above.
What I Like About EmpowerCoin
- Their system are very easy to use.
- Nice looking website.
- They offer ways to make money with them.
- The system is highly accessible.
- They have an affiliate program.
What I Don’t Like About EmpowerCoin
- They are expensive compared to the other membership service out there.
- They don’t have an active community and you will get very little customer support.
- They don’t offer step by step training about Bitcoin trading and any other whatsoever.
- Online trading of any form is risky. There is no guarantee and you can lose all your initial investment.
- The owners of such website hide their face to avoid any prosecution by the law.
- They don’t have any form of earning disclaimer.
Who Is Exactly For EmpowerCoin?
EmpowerCoin is meant for those are good at people skills and have a decent sized of the budget.
If you have a decent sized of the budget to invest and think that you are the next best recruiter, then this program may be for you.
Your goals once you get involved in the program is likely going to sell the system to others and push them forward to invest more in the company so you earn more commission.
If you don’t have a decent sized budget and you don’t feel like selling the same services to other folks, then may not be the program for you.
This program is only good for those are willing to take the risk because there is no guarantee for any earning. You are totally in control of what you can earn.
Whether you believe this is the type of organization you want to get involved with is up to you. If you feel that EmpowerCoin is better, by all means, go ahead. No one’s stopping you.
Final Thought: Is EmpowerCoin A Scam?
As for me, I will say Empower Coin step up their game by asking their prospects to invest via Bitcoin.
A bitcoin as an exchange rate of $500-600, you can exploit the price difference and keep the 100 USD difference for yourself.
This is excellent because you can sell such Bitcoin at a very higher price later. That is great when you reason it out, but is that possible.
This is because Bitcoin trading is changing daily; it’s just like the value of stock in the market.
The value of Bitcoin changes all the time, and as such, a fixed ROI that’s paid out over the course of so many days simply does not work.
If EmpowerCoin is earning enough, why invite you when they can make all the millions.
In a nutshell, there is nothing like Bitcoin binary trading on this system but another Ponzi scheme out there.They only use the Affiliate investment as their source of funding.
But if the members stop joining the company the source of income come drying and the system will crash.
The unknown operator behind the website will pack all the money and leave the affiliate scammed at the very end.
There are simply better alternatives out there that are much more promising than trying to gamble your way to wealth.
If you serious about making money online, Check Out My #1 Recommendation below!
Do you happen to have any previous experience with EmpowerCoin that you would like to share with everyone else today?
Tell me all about it in the comment box below! I love to hear about it.
Thanks for reading.
Please Stay Safe.