RegalCoin Review – Huge Scam Or Legit System?

RegalCoin ReviewIf you’ve been paying attention lately, you’ll notice that RegalCoin has been getting a lot of hype.

Because it’s new, it’s getting a lot of buzz and if you’re in an online business, I am sure someone will push it on you at some point.

It’s especially popular on social media at the moment.

I do want to let you know that I am NOT affiliated with RegalCoin as a member or distributor.

My goal is to gather all the facts in one place for you so you can do your research – and it’s all here in my RegalCoin Review.

Is RegalCoin a legit business, or is it a complete scam?

Will I be able to build a business with it?

I tell you all about it in my Review of RegalCoin.

Read below to find out more.

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What Is RegalCoin?

Nowhere on the RegalCoin website will you find any information in regards to who’s running the company, who founded it, where in the world it’s based out of, or anything along those lines.

The domain name for RegalCoin’s site (regalcoin.co) was just registered earlier this year on July 7, 2017, but since this was done privately, there’s no way of knowing where the registration took place or who the owner of the domain is.

I did notice that the default time on RegalCoin’s website is set for Hong Kong local time. In addition to this, various marketing material for the company makes it very clear that the person who wrote the copy is not a native speaker of English.

Numerous posts from RegalCoin’s official Twitter account hint that the company tried to launch in August, but this attempt was a total flop. After this, RegalCoin tried things once more with a relaunch on September 21.

RegalCoin Scam

What Products Are Being Sold?

As you might already be able to guess, nothing is being sold or marketed to retail customers. You won’t find any retail goods or services here, and in the world of MLM, this is never a good sign.

Instead, RegalCoin bundles its affiliate membership with access to its own cryptocurrency by the same name. RegalCoin claims that its currency is “not much different form bitcoin”, but at the time of writing this review, RegalCoin isn’t publicly tradable on any market at all.

RegalCoin’s site hints at getting the cryptocurrency listed on Nova Exchange, Coss, and Coin Exchange at some point in the future, but there’s no time frame as to when this will actually happen.

Info On The RegalCoin Comp Plan

If you do choose to join RegalCoin, you’ll be able to get your hands on the RegalCoin cryptocurrency by purchasing coins for yourself that have been pre-mined by the company.

Assuming that RegalCoin does go public, affiliates will be able to purchase the cryptocurrency from one another if/when this day comes.

After an affiliate acquires some RegalCoin for themselves, they can then transfer them back to the company in order to get a monthly ROI that pays up to 45%.

The ROI is paid in more RegalCoin rather than actual cash, but if affiliates do want to convert it into real dollars that they can actually use, they’re required to get other investors/affiliates to invest into RegalCoin as well.

Referral and residual commissions are also offered here, with the former being paid through a unilevel system and a binary setup used to tackle the latter.

What Will It Cost Me To Join RegalCoin?

The affiliate membership for RegalCoin is free to get started with, but if you want to participate in the income opportunity that’s being offered, you’ll need to make an investment into the RegalCoin cryptocurrency.

At this time, RegalCoin doesn’t specific how much is required to be invested in order to start earning.

Any Truth To The RegalCoin Rumours?

Any time a new business opportunity launches, you will always hear rumours about them being scams – so is RegalCoin a scam?

From reading above, you might already be thinking RegalCoin is a scam.

So, is it?

Is there a RegalCoin scam, or is it legit?

To be honest, RegalCoin isn’t a complete scam.

However, there are some red flags to be worried about, which I discuss in the conclusion.

See my tips below for helping to make money.

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And Now, My RegalCoin Conclusion

For those of you that follow the MLM industry and its happenings regularly, the whole setup for RegalCoin might sound familiar. If it does, that’s because RegalCoin is nothing more than a carbon copy of BitConnect.

BitConnect first launched in April of this year, and it was pretty much used for its admins to solicit bitcoin from people that decided to join. Both BitConnect and RegalCoin force affiliates to transfer bitcoin to the admin(s) running the companies, and this is where funds are stolen.

RegalCoin might be making big promises and claims about its cryptocurrency being the next big thing in the world of altcoin, but at this time, it has no real world value outside of the RegalCoin system itself. In other words, you’re sinking your money into worthless, virtual points.

The majority of affiliates who get wrapped up with RegalCoin will end up losing out, with only the anonymous admin(s) earning anything of real value.

This is a story we’ve seen time and time again, and it’s one that you don’t want to be a party of in the slightest.

I hope you have gained value from my RegalCoin Review.

I have put all the details you need to know here, because all other reviews of RegalCoin have been fairly limited with details.

If you do decide to proceed with RegalCoin or any business, you’ll find my free training helpful – I will show you how to make money online.

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