WesternCoin Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that WesternCoin is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about WesternCoin, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting WesternCoin as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about WesternCoin in my WesternCoin Review – now you can learn all you need to know about it.
Is WesternCoin really a legit business?
Is WesternCoin a safe business to join?
Let me show you in my review of WesternCoin.
Get started by reading my review below.
Exactly What Is WesternCoin?
Looking through WesternCoin’s website, you won’t find any drop of background information in the slightest.
There’s no info in regards to who founded WesternCoin, when it was launched, where it’s based out of, or anything along those lines.
I did manage to learn that the domain name for WesternCoin was registered on September 14, 2017, but unfortunately, the domain was registered privately. Because of this, it’s impossible to see who the owner of the domain is or where the registration physically took place.
This lack of background info is never a good sign, and in most cases, it’s usually an indicator that you’re dealing with some sort of scheme or scam.
What Is The WesternCoin Product Line?
Another sign of most MLM scams is the lack of a product line, and that’s another offense that WesternCoin makes.
You won’t find any products or services being sold to retail customers here, and as such, there’s no chance for any retail sales activity to take place.
Affiliates for WesternCoin only have the affiliate membership to offer to individuals, and the main draw to the affiliate program is the chance to invest in WesternCoin’s WNC cryptocurrency.
What Can You Tell Me About The Compensation Plan For WesternCoin?
If you choose to join WesternCoin and invest into WNC, you’ll be able to earn a 45% monthly ROI. The amount of time that you have access to this ROI depends on how much you choose to invest, and the various tiers you can choose from are as follows:
- Invest between $100 and $499, earn the ROI for 240 days
- Invest between $500 and $999, earn the ROI for 210 days and a bonus of 0.05%
- Invest between $1000 and $4999, earn the ROI for 180 days and a bonus of 0.10%
- Invest between $5000 and $999, earn the ROI for 150 days and a bonus of 0.2%
- Invest between $10,000 and $49,999, earn the ROI for 120 days and a bonus of 0.25%
- Invest between $50,000 and $99,999, earn the ROI for 90 days and a bonus of 0.3%
- Invest $100,000 or more, earn the ROI for 60 days and a bonus of 0.35%
Once a maturity period passes, affiliates have the chance to earn back the money they initially invested into WesternCoin, but there’s no mention as to how long this period actually is.
WesternCoin also offers referral commissions on top of the direct ROI payments, encouraging affiliates to recruit other members to sign up and invest their own cash as well.
You can earn on ten levels deep of affiliate recruitment, and all of this money is paid via a unilevel system.
What Will It Cost To Join WesternCoin?
You can choose to join WesternCoin for free, but if you want to actually earn any money with the company, you’ll need to make an investment of at least $100 into WNC. Furthermore, choosing to invest more and more cash will increase your earning potential throughout the comp plan.
Is WesternCoin A Scam?
If you have heard that WesternCoin is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is WesternCoin a scam?
I would say not exactly. However, there are some things to be aware of before joining, which I have detailed in the conclusion.
You will only be successful by recognizing the weaknesses and finding a way to move past them.
Conclusion For My WesternCoin Review
At the end of the day, WesternCoin is nothing more than yet another altcoin Ponzi scheme in the MLM market.
Affiliates join the company by investing into WesternCoin’s WNC cryptocurrency, and by doing so, they are told they can earn a monthly ROI of 45%.
Being able to secure a consistent 45% ROI that’s paid out each month might sound like the perfect gig, but in this case, it’s an offer that’s too good to be true.
For staters, WNC is a totally worthless cryptocurrency. It’s controlled entirely by WesternCoin’s admin(s), and it isn’t tradable on any public market. In other words, it’s nothing more than worthless Ponzi points.
Along with this, the only money coming into WesternCoin is from affiliate investments. Because of this, any money that’s newly invested is turned around to pay off ROIs that the company owes to other affiliates.
This Ponzi setup means that WesternCoin will collapse once investment activity inevitably dies down, and when that happens, the vast majority of people involved will be left to lose out and fend for themselves.
I definitely hope you have found value in my Review of WesternCoin.
I went into a lot of detail so that you can make a proper decision about whether you want to join or not.
If you do decide to proceed with WesternCoin, make sure you take the time to learn how to market yourself!
My training below can help you with that.