StaxCash Review – Is This A Good Opportunity Or Big Scam?
StaxCash 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 StaxCash.
I have simply gathered for you all the facts in this StaxCash Review in order for you to make a proper decision about it.
So, is it true? Is StaxCash a scam?
Can it really help you build an online empire?
Let’s carry on with the review.
What Is StaxCash?
Looking at the website for StaxCash, there’s unfortunately not much of anything to see.
While the appearance of the site is good enough, there’s no mention of who owns StaxCash, when it was founded, where it’s based out of, or anything along these lines.
The only real thing worth mentioning is the fact that the domain for the website was registered on December 18, 2017. Even then, the private nature of the registration makes its impossible to know where in the world it took place or who owns the domain.
What Are The Products For StaxCash?
As for the product line, this is an area where StaxCash also struggles with. Not a single thing is being marketed or sold to retail customers, and because of this, it’s impossible for retail sales activity to take place.
The one and only thing that members for StaxCash have to offer is the affiliate membership, and the biggest draw to this is the attached income opportunity.
I’ve run across setups like these quite often when reviewing MLM opportunities, and at least in my experience doing so, this is something that you only ever seen with schemes and scams that are involved with the MLM underbelly.
What Is The Compensation Plan For StaxCash?
Speaking of that income opportunity, those that choose to get involved with it will be asked to invest real money into STAX points. These points are available at the cost of 50 cents to 95 cents per point, and after an affiliate has them, they then earn a daily ROI that pays up to 2.5% by lending them back to StaxCash.
There are a few different levels of investment that StaxCash affiliates can choose from, and they include the following:
- Earn a daily ROI for 299 days by investing $100 to $1000
- Earn a daily ROI + 0.1% bonus for 239 days by investing $1001 to $5000
- Earn a daily ROI + 0.2% bonus for 179 days by investing $5001 to $10,000
- Earn a daily ROI + 0.25% bonus for 119 days by investing $10,001 to $25,000
- Earn a daily ROI + 0.35% bonus for 89 days by investing $25,001 or more
In addition to the money that’s earned here, affiliates can also earn from referral commissions.
Referral commissions with StaxCash are paid using a unilevel system, and they allow members to earn down to five levels of recruitment for other affiliates.
What’s Does It Cost To Join StaxCash?
Although you do have the option of joining StaxCash for free, you’ll need to make an investment of $100 or more in order to earn on everything that the compensation plan has to offer.
Is StaxCash A Scam?
Have you heard from a friend that StaxCash is a scam?
Based on this review, it might be hard to tell.
What exactly is the truth about StaxCash – is it a scam or legit?
Good news – StaxCash is not really 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.
StaxCash Review Conclusion
On the StaxCash website, it’s stated that the ROI can be offered thanks to some sort of “software bot.”
StaxCash describes this in further detail with the following copy:
StaxCash have developed a software bot that is dedicated to monitoring over 10 exchanges at once to find the best arbitraging [sic] opportunities across numerous cryptocurrency coins.”
This might sound exciting at first, but in reality, there’s no proof of this bot existing.
The only money that’s really coming into StaxCash is that of affiliate investments, and because of this, we end up with a Ponzi scheme.
Newly invested funds are used to pay ROIs that are owed to other members, and once people stop investing and joining, the whole setup will come crashing down.
Most affiliates that choose to join StaxCash will end up losing out, with only the anonymous admin(s) earning anything of considerable value.
This is how the story goes for most Ponzi schemes in the MLM space, and StaxCash isn’t going to be any different.
I sure hope that you have found my StaxCash review helpful for you.
Some other reviews have been pretty scant on details, and I wanted my StaxCash review to have all the information for you.
If you decide to carry forward with StaxCash, 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.