Ukey Review – Legit Or Scam?

Ukey ReviewHas someone approached you lately about joining Ukey?

This doesn’t surprise me – it’s been getting a lot of hype in the last couple of week, with people pitching it all the time.

First, let me make one thing clear – I am NOT in any way affiliated with Ukey.

I simply wanted to gather all the details here for you in my Ukey Review so you can make an informed decision.

Is Ukey truly a scam?

Does it really work like the marketing materials say it will?

Read on to find out in my Review of Ukey.

Let’s get going!

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

What The Heck Is Ukey?

Looking at the official website for Ukey, there’s not much of anything to see.

There isn’t any mention of who owns the company, where it’s located, when it was founded, or anything of the sort.

The domain name was initially registered on December 3, 2017, but because the registration was done privately, it’s impossible to see where in the world it took place or who the owner of the domain is.

This all results in Ukey appearing extremely faceless, and when it comes to MLM opportunities, that’s never a good sign.

Ukey Scam

What Can You Tell Me About The Ukey Products?

On the product line side of things, Ukey drops the ball here, too.

There aren’t any goods or services being sold to retail customers, and as such, it’s impossible for there to be any retail sales activity.

Affiliates for Ukey have only the affiliate membership to offer to those looking for a new income opportunity, and that’s it.

Income opportunities are perfectly fine to see in the MLM world, but when they exist without a product line to accompany them, that’s when trouble usually arises.

What Can You Tell Me About The Ukey Compensation Plan?

Jumping over to the compensation plan, Ukey affiliates are asked to purchase UKEY points from the anonymous owners.

These points cost between 30 cents and $1 per each point, and after affiliates have so many of them, they’re asked to lend them back to Ukey so they can start earning on a monthly ROI.

Affiliates have a few different investment tiers to choose from, and they include the following:

  • Members invest $100 to $1000 so they can earn a daily ROI for 240 days
  • Members invest $1001 to $5000 so they can earn a daily ROI for 180 days
  • Members invest $5001 to $10,000 so they can earn a daily ROI for 120 days
  • Members invest $10,001 to $25,000 so they can earn a daily ROI for 90 days
  • Members invest $25,001 to $250,000 so they can earn a daily ROI for 60 days

You can withdraw your earnings early if you’re willing to pay a fee of 25%, and along with the above ROIs, affiliates also earn through referral commissions that are paid using a unilevel system.

Ukey allows members to earn down to seven levels of downline recruitment, thus creating for a large inventice to convince as many people as possible to join and invest their own hard-earned cash.

Are There Membership Fees For Ukey?

You have the option of joining Ukey for free, but doing this will limit you to earning on just referral commissions.

If you want to earn on these and the ROI that’s at hand, you’ll need to make an investment of at least $100.

Is Ukey A Scam?

If you’ve come across a review that says Ukey is a scam while researching, I wouldn’t be surprised.

A lot of marketers will tell you something is a scam just so they can sell you something else.

So, can you trust those other reviews?

What is the truth about Ukey? Is it really a scam, or is it legit?

I would say no, not exactly. However, there are a few things in the business you should be aware of – read on to the conclusion to find out what they are.

Knowing what you’re getting into is the best way to be successful.

See below for my FREE training that will help you make money!

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What’s your Conclusion About Ukey?

Per the Ukey website, the company uses “deep analysis of the cryptocurrency market” in order to generate funds for the offered ROI.

Furthermore, Ukey says that “By monitoring the trends, assessing the risks, and creating the analysis prediction, we develop optimal investment plans.”

That may sound fine and dandy, but the problem is that there’s no proof any of this takes place. Instead, the only source of verifiable income for Ukey is that of affiliate investments. New members join, invest money into the company, and these funds get used to pay ROI liabilities that are owed to other members.

In other words, Ukey turns into a Ponzi scheme.

Like with all other Ponzi schemes, Ukey will be no more and collapse once investments stop coming in. The anonymous admin(s) will earn the most of what’s invested, everyone else will lose out, and recovering lost funds will be next to impossible.

I hope that you are able to use my research in my Ukey Review to make a decision.

If you do decide to become an affiliate with Ukey, make sure you take the time to learn how to market yourself.

My FREE training can help you.

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

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