Welcome to my Empower Coin Review. There has been some vibe about this company called Empower Coin,so I decided to find out what the company was all about and do some research on the company.
You are probably here because you have heard of Empower Coin and what to find out if it is a legit company or a scam.
Here is a detailed review on the company Empower Coin and I would walk you through the Empower Coin company,the compensation plan,the products and the verdict.
Empower Coin Review-The Products
Empower Coin does not offer any information on their company website in regards to who owns or operates the business.
The Empower Coin website domain was registered privately as “empowercoin.com” on the 19th of April, 2017.
Looking a bit deeper into the Empower Coin site, I noticed that it is currently being hosted on a private server that’s home to a number of other websites for marketing companies. All of these other sites are presented in German, and as such, it’s likely that the person who owns the server (and possibly EmpowerCoin) is based somewhere over in Germany.
Note the company also refers themselves as “EcoinPlus”.
Empower Coin does not have any retail products or services to offer.
Affiliates who sign up with Empower Coin simply market the affiliate membership.
Empower Coin Compensation Plan
This opportunity is mostly centered around you investing money and then being eligible to earn a 200% ROI after so many days from the date that you made your investment.
There are multiple levels of investment for affiliates to choose from, and they work out in the following manner .
E2 — Affiliates invest 0.1 BTC and then earn a 200% ROI 90 days later
E3 — Affiliates invest 0.3 BTC and then earn a 200% ROI 90 days later
E4 — Affiliates invest 0.5 BTC and then earn a 200% ROI 90 days later
E5 — Affiliates invest 1 BTC and then earn a 200% ROI 90 days later
E6 — Affiliates invest 2 BTC and then earn a 200% ROI 60 days later
E7 — Affiliates invest 4 BTC and then earn a 200% ROI 50 days later
E8 — Affiliates invest 10 BTC and then earn a 200% ROI 50 days later
On top of the direct ROIs that are paid out to affiliates, even more cash can be earned through residual commissions. EmpowerCoin pays these commissions through the use of a binary system, and the binary setup being used here has points added to each of its two sides whenever money is invested into EmpowerCoin.
Affiliates earn residual commissions on invested funds and are paid through a binary compensation structure.
This type of compensation structure puts an affiliate at the top of a binary team that splits into a left and right side.
Level 1 of the binary team holds 2 positions and level 2 is created by adding another 2 positions under each of the first two, for a total of 4 positions.
Additional binary team levels are made as needed, and every new level holds twice as many positions as the level above it.
Binary team positions are filled by direct and indirect sponsorship of affiliates.
Currently, there is no limit as to how deep the binary team can grow.
EcoinPlus counts up new investment volume on both binary team sides at the end of every day.
Affiliates earn a percentage of matched funds on both sides of the binary.
The amount they earn is based on how much they have invested.
Cost To Join Empower Coin
To join Empower Coin, one would need to make an investment in one of the plans that I mentioned above (E2, E3, E4, etc.)
Along with those, affiliates can also choose to invest in an E1 plan. This costs 0.05 BTC, and it only allows affiliates to earn through the residual binary commissions. If you want access to the 200% ROI, you’ll need to invest at E2 or higher.
Is Empower Coin Legit Or A Scam?
Empower Coin is actually legit and not a scam. Network marketing companies in general are mostly legit. It all depends on your ability to recruit and your marketing techniques.
Knowing what you’re getting into is the best way to be successful.
Conclusion On Empower Coin
Like other bitcoin doublers we’ve seen, EmpowerCoin claim their 200% ROIs are generated via bitcoin trading.
When one exchange has a Bitcoin price of 500 USD, and another exchange has a Bitcoin price of 600 USD, you can exploit the price difference and keep the 100 USD difference for yourself.
This also means you’re buying Bitcoins for a lower price, and can sell them on the more expensive exchange.
When you buy a Bitcoin for 700 USD on one exchange and sell a Bitcoin for 800 USD on another exchange, you end up with 1 Bitcoin and 100 USD profit.
This is really very simple and very profitable, especially when you dedicate more capital into your Bitcoins! It’s a matter of dedicating some time into your Bitcoin strategy.
So the only way they can deliver on their promise is to continually recruit new affiliates who will buy in and invest their own money…
These funds are then used to pay out older existing affiliates…
But this isn’t consistent either…
Because recruitment numbers will never stay as high as they are at the start…
So, my advice here is to take extreme caution when considering a company like this.