Review ucoincash.co : Ucoin, Login, Register, Sign up, ICO, News, Price
According to it’s official website ucoincash.co, “Ucoin Cash is a kind of digital cash that you can use to make your payment or any money transaction whenever and wherever you travel. By using Ucoin Cash, your e-commerce business, private payments, your online business, your retail store can speed up the money transaction with both clients and suppliers, which promises to open avenues to saving money for you and even boosting your business growth. Trust Ucoin Cash and start using our secure open-source platform hosted by thousands of users around the world right now.”
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Review – UcoinCash has no information on their website about who owns or runs the business or manages the website.
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The Ucoin Cash website domain (“ucoincash.co”) was privately registered on October 5th, 2017.
The website has a high probability of being operated from Vietnam because as the time of this publication, Alexa estimates Vietnam (19%) and the US (10%) as it’s major traffic source.
Ucoin Cash Products
Ucoin Cash has no retail-able products or services therefore affiliates are only able to market Ucoin Cash affiliate membership.
The Ucoin Cash Compensation Plan
Ucoin Cash affiliates acquire UCH points, primarily sold to them by Ucoin Cash’s anonymous owners.
UCH points were initially launched as an ICO late last year. Today they trade on an internal Ucoin Cash exchange for $6.63. Click Link Below to access ucoincash.co
Once acquired, Ucoin Cash affiliates “lend” UCH points back to the company on the promise of a monthly ROI of up to 40%.
- invest $100 to $1000 and receive a daily variable ROI for 291 days
- invest $1010 to $6000 and receive a daily variable ROI plus bonus 0.1% daily ROI for 241 days
- invest $6010 to $12,000 and receive a daily variable ROI plus bonus 0.2% daily ROI for 181 days
- invest $12,010 to $50,000 and receive a daily variable ROI plus bonus 0.25% daily ROI for 121 days
- invest $50,010 to $100,000 and receive a daily variable ROI plus bonus 0.3% daily ROI for 101 days
Ucoin Cash pay referral commissions via a uni-level compensation structure.
A uni-level compensation structure places an affiliate at the top of a uni-level team, with every personally recruited affiliate placed directly under them.
Ucoin Cash affiliate membership is free but free affiliates can only earn referral commissions.
Full participation in the Ucoin Cash MLM opportunity requires a minimum $100 investment.
There’s no alternative ROI revenue source identified, leaving affiliate investment the sole source of Ucash Coin’s revenue.
Ucoin is therefore using newly invested funds to pay existing affiliates a ROI which makes it possess the features of a Ponzi Scheme.
UCH as a cryptocurrency is just another altcoin launched with the sole purpose of committing financial fraud.
In conclusion, any MLM company that is not open about who is running or owns it should be accessed very well before joining or investing your money.