Money Exchanger Review – Legit Or Scam?

Money Exchanger ReviewHave you been paying attention to all of the hype for Money Exchanger?

If you told me someone had pitched the opportunity to you lately, this wouldn’t surprise me. It’s making all the rounds on social media lately.

Next, I want to tell you that I am neither an affiliate or distributor for Money Exchanger – I want to give you an unbiased opinion.

Is it a scam? Can you trust Money Exchanger?

Read all about it in my Money Exchanger review so you can learn the full truth!

Does it deliver on the promises in the marketing materials?

Let me explain in my review of Money Exchanger.

Let’s carry on.

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

What Can You Tell Me About Money Exchanger?

Taking a look at Money Exchanger, here we have an MLM opportunity with a website that’s extremely unhelpful when trying to get an understanding for who’s behind the curtain.

Money Exchanger’s website doesn’t provide any information in regards to who owns the company, where it’s based out of, or when it was first launched, and it creates for the feeling that the admin(s) behind the company is trying to remain as anonymous as possible as purpose.

Moving over to the domain name registration, it’s visible that the domain name for the Money Exchanger website (moneyexchanger.biz) was first registered earlier this year on April 7, 2017.

The owner for the domain is listed as Obakeng Morake, and there’s also an address provided that’s located in South Africa.

If Morake’s name sounds familiar to you, that’s because this isn’t his first appearance in the world of MLM.

Obakeng Morake was first spotted in mid 2015 as the founder and admin for WeShare Crowdfunding, but by the middle of 2016, that company had collapsed.

Money Exchanger is Morake’s followup to WeShare Crowdfunding, and this is everything that it’s bringing to the table.

Money Exchanger Review

Does Money Exchanger Offer Any Products?

On the product line side of things, there’s not much to talk about with Money Exchanger.

Nothing is being sold or marketed to retail customers, and this lack of goods and services means that affiliates have only the affiliate membership to offer to folks that may be interested in it.

As a direct result of this, you won’t find any retail sales activity within Money Exchanger.

What Kind Of Compensation Plan Does Money Exchanger Have?

Moving right along to the compensation plan, Money Exchanger affiliates are compensated for gifted United States Dollars, South African Rand, and Nigerian Naira to other affiliates throughout a 2×5 matrix system.

Affiliates gift money to another affiliate when they join Money Exchanger, and when they do this, they can choose which currency they’d like to gift it in.

The exact matrix that you’re a part of depends which currency you choose, and all thee of them work out in the following manner:

United States Dollar

  • Level 1 — Affiliates gift $10 and then receive $10 from two other affiliates
  • Level 2 — Affiliates gift $15 and then receive $15 from four other affiliates
  • Level 3 — Affiliates gift $40 and then receive $40 from eight other affiliates
  • Level 4 — Affiliates gift $80 and then receive $80 from sixteen other affiliates
  • Level 5 — Affiliates gift $150 and then receive $150 from thirty-two other affiliates

South African Rand

  • Level 1 — Affiliates gift R100 and then receive R100 from two other affiliates
  • Level 2 — Affiliates gift R150 and then receive R150 from four other affiliates
  • Level 3 — Affiliates gift R400 and then receive R400 from eight other affiliates
  • Level 4 — Affiliates gift R800 and then receive R800 from sixteen other affiliates
  • Level 5 — Affiliates gift R1500 and then receive R1500 from thirty-two other affiliates

Nigerian Naira

  • Level 1 — Affiliates gift ₦3000 and then receive ₦3000 from two other affiliates
  • Level 2 — Affiliates gift ₦4500 and then receive ₦4500 from four other affiliates
  • Level 3 — Affiliates gift ₦13,000 and then receive ₦13,000 from eight other affiliates
  • Level 4 — Affiliates gift ₦26,000 and then receive ₦26,000 from sixteen other affiliates
  • Level 5 — Affiliates gift ₦48,000 and then receive ₦48,000 from thirty-two other affiliates

What Is The Cost Of Membership With Money Exchanger?

Although the affiliate membership for Money Exchanger is free, you’ll need to gift either $10 USD, R150, or ₦3000 in order to participate in the income opportunity that the company is offering.

Should I Be Worried About A Money Exchanger Scam?

Every business opportunity on the web has good reviews and bad reviews – so is Money Exchanger really a scam?

Is there a Money Exchanger scam or is this business legit?

If I am being honest, I’d say it’s not really a scam, but there are some important points to be aware of.

Learning the business weaknesses and having a strong marketing strategy is what will make you successful.

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

Conclusion for Money Exchanger

It’s safe to assume that Obakeng Morake lost a bit of money with WeShare Crowdfunding. As a result of this, the man has gone on to hopefully make some of that money back with the creation and launch of Money Exchanger.

As a whole, Money Exchanger is nothing more than another, typical cash gifting scheme. You join the opportunity by gifting money to existing members, and you then get money in return as others join the company.

This is cash gifting in its purest form, and that means that Money Exchanger is an illegal scheme that will likely result in you losing money should you choose to join.

Money Exchanger may seem a bit of steam and traffic at first, but once affiliate recruitment inevitably dies down, the only setup will be done for.

I hope you are finding the information in my Money Exchanger Review helpful?

Some of the other reviews I saw had very little details, so I am hoping I gave you everything you need here.

If you’re wanting to become a member of Money Exchanger, make sure you take the time to develop a marketing strategy.

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

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

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