IoniCoin Review – Legit Or Scam?

IoniCoin ReviewRecently, IoniCoin has been getting a lot of hype on the internet.

I have had people pitching this one to me on a near daily basis, in fact, and I have seen it making the rounds on social media as well.

I want to make it clear I am NOT promoting this business opportunity as an affiliate or distributor in any way.

I have done all my research in this IoniCoin review do you can learn the honest truth and decide if it’s right for you.

Is IoniCoin a scam? Is it legit?

Can it really deliver on it’s promises?

Let me tell you in my Review IoniCoin.

Let’s get started.

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Seriously, What Is IoniCoin?

Looking through the official IoniCoin website, I wasn’t able to find any real background info on the company. I did my best to try and see who the owner is, where the company is run out of, and when IoniCoin was first launched.

In all of these cases and more, I came up empty-handed.

With that said, i did find three contact areas on IoniCoin’s website. These three areas include Germany, Bulgaria, and the United Kingdom. Unfortunately, the only contact info provided for each area is an email address and phone number.

IoniCoin registered its website domain name (ionicoin.com) on April 8 of 2017. The owner is listed as “Amsters Clark”, and there is also an address is Birmingham, UK that’s provided as well.

Following some further digging into this address, I noticed that it’s truthfully owned by a company called Mailboxes ETC. Mailboxes ETC is a company that specializes in selling virtual mailing addresses to customers, and as such, it’s likely that IoniCoin only exists in the United Kingdom for the namesake and namesake alone.

Something else that I found interesting is the fact that IoniCoin claims to be a, “registered investment bank.”

On the IoniCoin website, it is stated that, “Ionicoin Digital Currency LTD is an investment bank registered with the number: 10718847 which was incorporated on 10 April 2017. Ionicoin Digital Currency LTD has sic code: 64110 — Central banking.”

Although it is true that IoniCoin was incorporated in the United Kingdom on April 10, that doesn’t mean that the company is a legit or certified investment bank in the country. Achieving this would require IoniCoin to be registered with the Financial Conduct Authority, and a quick look through the FCA’s database will show that there isn’t any such registration for IoniCoin Digital Currency LTD.

The one and only director for IoniCoin is listed as being Amsters Clark, and his profile on the company website also shows that same virtual address over in Birmingham.

I wasn’t able to find any info on Clark outside of the IoniCoin website, and when you combine this with the fact that the address being used is of the virtual nature, it’s very likely that the Amsters Clark that IoniCoin is describing doesn’t really exist.

The only other thing worth noting is that IoniCoin’s website is being hosted on a server in Romania. Romania is close neighbors to Bulgaria, and as such, I think it’s safe to say that the person who’s actually running IoniCoin is located in one of these two countries.

IoniCoin Scam

What Products Does IoniCoin Sell?

In the case of IoniCoin, you won’t find any goods or services being marketed or sold to retail customers.

Existing affiliates for the company can only offer people the affiliate membership that allows access to the attached income opportunity, and in MLM, this is something that’s usually only seen with schemes and scams of the multi-level marketing underbelly.

Info On The IoniCoin Compensation Plan

If you do decide to join IoniCoin as an affiliate, you’ll be tasked with investing your hard-earned dollars in order to get an ROI that’s paid on the daily.

Affiliates can invest up to as much as $10,000, and the various levels of investment work out as follows:

  • Initiate — Affiliates invest $100 and earn a daily 0.5% ROI for 220 days (total ROI of 110%)
  • Basic — Affiliates invest $500 and earn a daily 0.5% ROI for 220 days (total ROI of 110%)
  • Advanced — Affiliates invest $1000 and earn a daily 0.9% ROI for 220 days (total ROI of 198%)
  • Professional — Affiliates invest $2000 and earn a daily 1% ROI for 220 days (total ROI of 220%)
  • Expert — Affiliates invest $3000 and earn a daily 1% ROI for 220 days (total ROI of 220%)
  • Enterprise — Affiliates invest $10,000 and earn a daily 1.5% ROI for 280 days (total ROI of 420%)

To go along with these direct ROI payments, affiliates for IoniCoin can also earn a 12% referral commission that’s funded by money invested through personally recruited affiliates.

A binary system is also used to pay out residual referral commissions, and as with most other binary systems, the one here works by having points added to each side of it whenever money is invested into IoniCoin.

Affiliates have a cap as to how much money they can earn through residual referral commissions each week, and choosing a more expensive investment tier will allow that cap to be raised.

Some of the problems remind me of this opportunity.

How Much To Join IoniCoin?

Although the affiliate membership with ioniCoin is technically free, choosing to join the company in this fashion will limit you to only being able to earn on direct and residual referral commissions.

You’ll need to invest some amount of money in order to get the daily ROI payment, and doing so will require you to invest between $100 and $10,000 into IoniCoin.

Seriously, Is IoniCoin A Scam Or Is This Legit?

As I am sure you have heard with most business opportunities, there are a lot of scams on the internet, and IoniCoin might be a scam with them.

Having read the review above, you might be wondering if IoniCoin is legit or completely a scam.

So, is it a scam?

Is IoniCoin a scam, or can you make a proper business with it?

Honestly, IoniCoin isn’t a complete scam, but there are definitely some things to be aware of (see the conclusion section).

Whether you decide to join or not, you really need to master your marketing and lead generation.

This is the only way you will be successful.

See below for help with making money online.

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Here’s My IoniCoin Final Thoughts!

So, what’s the story for how IoniCoin is able to generate its daily ROI?

According to the company’s website, it’s able to do so through bitcoin trading —

“Ionicoin Digital Currency LTD is a global trading platform for companies trading bitcoin. We re an innovative and practical trading platform.”

However, to absolutely nobody’s surprise, there isn’t any proof that this bitcoin trading is honestly taking place.

The only money that IoniCoin is getting is whatever affiliates choose to invest into it.

These funds are then turned around and used to cover the direct ROI payments, and with this taking place, IoniCoin turns into a Ponzi scheme.

Like you find with all other Ponzi schemes, IoniCoin will be on its way out the door once people stop joining and dumping money into the operation.

A lack of investments will result in IoniCoin not being able to pay its members, and when it comes down to this, the anonymous admin will gather up whatever they’ve earned and make a run for the hills.

Throwing down a few hundred dollars to get a daily ROI that’s consistent might sound like a dream come true, but it’s nothing more than smoke and mirrors with IoniCoin.

There’s a good chance you’ll never get your money back if you choose to invest it into the company, so your best bet is to avoid this one as much as you possibly can.

Hopefully, you have enjoyed this IoniCoin Review.

I wanted to give you this in-depth review because there have been plenty of other IoniCoin reviews that don’t really give all the information you need.

If you do decide to join, I want you to be successful, so learn how to market yourself properly.

My FREE training below will help you market and earn money!

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