iCoinPro Review – But I’m Not Promoting It!

iCoinPro ReviewHave you been noticing more and more hype for iCoinPro lately?

This business is picking up a lot of steam, with people pitching it all over social media.

I want to tell you that I am NOT in any way affiliated with iCoinPro.

I want to give you an unbiased opinion on iCoinPro – is it a scam?

Is it legit?

Let me give you all the details in my iCoinPro Review.

Will iCoinPro deliver on all it’s promises?

Find out in my Review of iCoinPro.

Let’s get going with the review!

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What Is The iCoinPro Opportunity?

According to iCoinPro’s official website, the company operates within the niche of cryptocurrency. This is a sector of MLM world that’s become extremely popular over the past couple of years, and while there are legitimate operations within it, there are also a plethora of scams as well.

The policies and procedures section of the affiliate agreement for iCoinPro indicates that the company is being run out of Texas in the United States by saying the following:

“The State of Texas is the place of the origin of this Contract and is where the Company accepted the offer of the Applicant to become a Distributor and where the Distributor entered into the Contract with the Company.”

Paul De Sousa is the CEO and Founder of iCoinPro, and his corporate bio on the company website says that he is —

“Known for his dedicated leadership and training abilities to help others in the network marketing industry, along with his vast knowledge, understand, and experience utilizing Bitcoin and Cryptocurrencies in various capacities, nobody has more passion and enthusiasm for iCoinPro than our CEO, Paul De Sousa.”

Here’s where things start to go downhill.

Despite the affiliate agreement indicating that iCoinPro is based in Texas in the US, Paul De Sousa’s personal Facebook profile shows that he’s currently living in Johannesburg, South Africa.

Furthermore, De Sousa has been promoting and advertising Gain Bitcoin since at least the middle of 2016. Gain Bitcoin is a pyramid/Ponzi hybrid that also operates in the cryptocurrency niche, and with De Sousa currently being a part of a company along those lines, it doesn’t bode well for what you should expect with iCoinPro.

iCoinPro Scam

What Can You Tell Me About The iCoinPro Products?

On the product line side of things, iCoinPro advertised itself as a, “source for education, information, and training on everything cryptocurrency.”

This education and training can be accessed for a payment of $39.95/month, and iCoinPro’s website further describes it as follows:

“From understanding Blockchain technology, and what different cryptocurrencies can be used for, to buying your first Bitcoin, and keeping you up to date on changes, news, and updates, iCoinPro is the most complete Bitcoin and Cryptocurrency training program available anywhere.”

What Can You Tell Me About The Compensation Plan?

As an affiliate for iCoinPro, you will earn a commission whenever you sell the $39.95/month membership to a retail customer or another affiliate.

However, before this commission gets paid out, affiliates must first qualify for it.

This is done by an affiliate generating 40 PV within the company. That 40 PV is the equivalent of one $39.95/month membership, and an affiliate generates it either by selling the membership to one person or buying it for themselves.

Powerline Commissions

When both retail customers and affiliates for iCoinPro buy the monthly membership, they are placed within a straight-line queue.

This queue is filled with various positions that need to be filled, and this is accomplished whenever the monthly membership plans are sold to both customers and affiliates alike.

As an affiliate for iCoinPro, you’re eligible to earn on as many as five positions below you within the queue.

The commission offered here is 3% of the $39.95/month fee that’s paid by the people below you, and you earn the money off of retail customers and other affiliates.

Residual Commissions

On top of this, affiliates can earn money through residual commissions as well.

iCoinPro pays its residual rates via a 2×14 matrix setup, and affiliates earn a great percentage on more levels by having a higher affiliate rank.

Within iCoinPro, you get a higher affiliate rank by recruiting more and more people to purchase the $39.95/month membership.

What Will It Cost To Join iCoinPro

Joining iCoinPro as an affiliate will require you to pay a one-time fee of $40.

From here, you can choose to qualify to earn commissions either by selling the $39.95/month membership to someone else or by purchasing it yourself.

If you choose to go with the latter of those two options, you’ll then need to pay that $39.95 rate every month in order to continue to qualify for commissions.

Is iCoinPro A Scam?

So, like with all business opportunities, you will hear things around the internet about there being a iCoinPro scam or something like that.

And from what you have read, you may also wonder if this is legit or a complete scam.

So, what’s the truth?

Is there a iCoinPro scam going on or is this legit?

Well, to be honest, iCoinPro is not really a proper scam or anything like that.

But there are some things to be aware of (see conclusion section).

That is how you will be successful.

See below for help with making money.

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My iCoinPro Review Conclusion

With iCoinPro, you can make the argument that it is technically possible to join, not self-qualify for commissions, and only focus on selling the monthly membership and training materials to retail customers.

However, just because something is technically possible doesn’t mean that it’s actually happening.

A quick gander through iCoinPro’s website will showcase a ton of specifics for the compensation plan but not so much for the offered training materials.

Similarly, the ability to self-qualify for the offered commissions means that you could join iCoinPro, pay the monthly fee yourself, and then recruit other people that join and do the same thing.

When this sort of activity takes place, you end up dealing with a pyramid scheme.

Is this what’s taking place inside of iCoinPro?

If you’re seriously interested in joining the company, there’s an easy way to find out.

According to iCoinPro, “A Distributor is required to keep al records of Retail Sales for at least four years.” As such, you should be able to reach out to your potential upline and see what their retail activity looks like.

If you check with your upline and it does turn out that there is a healthy mix of both retail sales and affiliate recruitment, you might be in the clear.

However, if it isn’t, you’ll want to start looking elsewhere for a new opportunity.

From what I can tell right now, I’d be very surprised if retail activity is a main focus for most people within iCoinPro. It’s quite obvious that the company itself is making a much bigger fuss over its income opportunity rather than the offered product, and in MLM, that’s a huge red flag.

You could try your luck with iCoinPro and do your best to focus on retail sales, but I’d probably advise against it. Affiliate recruitment is likely what most people within the opportunity are spending their time doing, and that’s not something you want to get wrapped up with.

Hopefully, you have found my iCoinPro Review useful.

I wanted to give a lot of details because there have been other review of iCoinPro which were a bit thin on the detail side.

No matter what happens, if you really want to succeed with any business, you have to learn how to market properly.

And, my training below will help you do that and make money!

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