Hit Coin Trade Review – Good Opportunity Or Big Scam?

Hit Coin Trade ReviewHave you been hearing a lot about Hit Coin Trade lately?

There is a lot of hype happening for Hit Coin Trade, and people are pitching the opportunity all over the place – especially on social media.

The first thing I should tell you is that I am not associated with Hit Coin Trade in any way.

I have gathered all the pertinent facts about this opportunity in my Hit Coin Trade Review so that you can know the full truth before signing up.

Is Hit Coin Trade a scam? Or is it really legit?

Will I be able to make real money with it?

I tell you all in my Review of Hit Coin Trade.

Let’s get going!

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

What Is Hit Coin Trade Exactly?

Looking at the Hit Coin Trade website, there’s no mention of who founded the company or who’s running things on a daily basis.

The domain name for the site was registered on November 21, 2017, but since the registration was done privately, it’s impossible to see who the owner is or where in the world it took place.

Something that did catch my attention is that Hit Coin Trade uses its website to claim that it’s a “European trading company based in the United Kingdom.”

This claim is followed up by UK incorporation information, and it’s tied to Hit Coin Trade Limited.

The incorporation for Hit Coin Trade Limited took place on December 1 of this year, and the address found is a residential one in London.

Ellis Davidson is listed as the one and only owner for the company, and try as I did, I was unable to find any outside information on Davidson outside of the mention of his name with the incorporation.

For those that don’t know, it’s extremely easy and cheap to get UK incorporations. Many schemes/scams in the MLM underbelly do this as a way of making them appear more legitimate than they really are, and when you consider this with the lack of available info on Ellis Davidson, it’s highly likely that this particular incorporation is bogus.

So, where is Hit Coin Trade really based out of?

The default language on the website is Russian, and there’s also a prominent use of rubles when talking about money. Add this together with the fact that 36% of all site traffic comes from Russia, and it’s very likely that this is where Hit Coin Trade is based out of.

Hit Coin Trade Scam

What Will I Be Selling With Hit Coin Trade?

On the product line side of things, there’s not much to talk about with Hit Coin Trade.

Nothing is being sold or marketed to retail customers, and this leaves affiliates with only the affiliate membership to market and sell to those interested in it.

In my experience, this is a move that’s only associated with underbelly scams.

What Should I Know About The Compensation Plan For Hit Coin Trade?

Moving right along to the compensation plan, Hit Coin Trade affiliates are asked to make investments of bitcoin, ethereum, US dollars, and rubles in order to earn an ROI of 124% over the course of 72 hours.

Along with this, affiliates also have the chance to earn with referral commissions.

Referral commissions are paid using a unilevel system, and this allows members to earn 8% on level one and 1% on both levels two and three.

What’s The Membership Fee For Hit Coin Trade?

You can join Hit Coin Trade for free, but doing this will only allow you to earn on referral commissions.

In order to earn the referral commissions and the ROI that’s being offered, you’ll need to make one of the following minimum investments:

  • 0.0003 BTC
  • 0.006 ETH
  • $1 USD
  • 60 rubles

Is Hit Coin Trade Really A Scam?

If you’re like me, you’ve been researching Hit Coin Trade and you may have heard that it is a total scam.

From what you have read above, you may not be able to tell if it is legit or not.

So, is it really a scam?

Is Hit Coin Trade a scam, or can you trust the company?

I would say Hit Coin Trade isn’t a complete scam, but there are definitely some things you should be cautious of – check out the conclusion to find out what those are.

Being prepared will help you be successful. Also, see below to get my tips for making money.

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

My Conclusion For Hit Coin Trade

Hit Coin Trade claims that it can offer its ROI through “cryptocurrency selling”, and part of the company’s website elaborates on this in the following manner:

“We do not just sell on the market cryptocurrency, are engaged in professional traders with extensive experience in the investment market.

For us and our partners Hit Coin Trade has always been associated with reliability.”

In reality, there’s no evidence that any selling activity is taking place.

The only funds that are coming into Hit Coin Trade are that of affiliate investments, and as such, newly invested funds are used to pay ROIs that the company owes to other members.

In other words, Hit Coin Trade becomes a Ponzi scheme.

Only the anonymous admin(s) will end up earning anything of real value, with all other affiliates pretty much guaranteed to lose out.

Unless that sounds like a good time to you, I’d suggest looking elsewhere for a new opportunity.

I sure hope you have found all the information in this Hit Coin Trade Review helpful.

Some reviews may be biased or trying to sell you something else, so I wanted you to have all the details from someone not affiliate with Hit Coin Trade.

If you decided to move forward with Hit Coin Trade, you’ll still need help marketing yourself.

My FREE training will help you with that.

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

Speak Your Mind