CryptoLux Review – Is This A Good Opportunity Or Big Scam?
CryptoLux has been getting a lot of attention on the web lately.
Because there is so much hype, a lot of network marketers are trying to sell this opportunity all over the place, including all over social media.
I want to let you all know that I am NOT in any way promoting or selling CryptoLux.
I have simply gathered for you all the facts in this CryptoLux Review in order for you to make a proper decision about it.
So, is it true? Is CryptoLux a scam?
Can it really help you build an online empire?
Let’s carry on with the review.
What Is CryptoLux?
In today’s review, I’m talking about a company called “CryptoLux.” CryptoLux is a new MLM opportunity that seemingly popped up out of nowhere not too long ago, and looking through its official website, there’s not much of anything to see.
Similar to a lot of other underbelly scams I’ve reviewed over the years, CryptoLux doesn’t provide any background in regards to who owns the company, where in the world it’s based out of, when it was founded, etc.
Under a page called “Meet Our Team”, CryptoLux’s site talks about someone named “Robert Alexander.” This is supposedly the Founder and CEO of CryptoLux, but it doesn’t take long at all to realize that this person doesn’t really exist.
The exact same bio that’s used on the CryptoLux site was previously used for a bio on the FXTM Capital website, and along with this, the photo used to represent Alexander is nothing more than a stock picture.
If you haven’t heard of FXTM Capital, that’s because it’s nothing more than a now-collapsed Ponzi scheme that was offering a 100% ROI every single month.
With this info in mind, it’s pretty clear that whoever was running FXTM Capital is the same one that’s now behind CyprotLux.
The domain name for the CryptoLux website was first registered on November 28, 2017. Unfortunately, the private nature of the registration means there’s no way of telling who owns the domain or where the registration physically took place.
CryptoLux does tout a United Kingdom incorporation on its website in an effort to tout its legitimacy, but if you’ve spent any amount of time in the MLM world, you’ll know that UK incorporation certificates are ridiculously cheap and easy to acquire.
What Are The Products For CryptoLux?
On the product line side of things, CryptoLux doesn’t have anything to offer. No goods or services are being sold, and as such, it’s impossible for there to be any retail sales activity of any kind.
Instead, the one and only thing CryptoLux affiliates can offer is access to the affiliate membership/income opportunity.
In my experience doing so many of these reviews, that’s usually a red flag that you’re dealing with some sort of scheme/scam.
What Is The Compensation Plan For CryptoLux?
As for the comp plan being offered, CryptoLux affiliates are told they need to invest at least $10 in order to make an ROI up 150%. There are quite a few investment tiers that you can choose from, ranging from a 1.16% ROI for 129 days up to 1.49% for 101 days.
As you go up to the higher earning tiers, you’ll need to both invest more and recruit other people that are investing their own money as well.
In addition to the ROIs, members can also earn on residual commissions. Residual commissions are handled via a unilevel system and paid down to a downline recruitment of 10.
What’s Does It Cost To Join CryptoLux?
Want to join CryptoLux for yourself? While the affiliate membership itself is free, you’ll need to hand over at least $10 worth of cryptocurrency in order to start earning on the income opportunity.
Is CryptoLux A Scam?
Have you heard from a friend that CryptoLux is a scam?
Based on this review, it might be hard to tell.
What exactly is the truth about CryptoLux – is it a scam or legit?
Good news – CryptoLux is not a scam.
But, be sure to take a look at the conclusion, because there are some things you should be aware of.
This is how you will build a successful in your business.
Let me help you make more money.
CryptoLux Review Conclusion
I sure hope that you have found my CryptoLux review helpful for you.
Some other reviews have been pretty scant on details, and I wanted my CryptoLux review to have all the information for you.
If you decide to carry forward with CryptoLux, make sure you make the most out of it and learn how to market yourself online.
Click to get my free training that shows you how.