Cointherum-Is it Actually Legit Or A Scam?

Welcome to my Cointherum Review. There has been some vibe about this company called Cointherum,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 Cointherum and what to find out if it is a legit company or a scam.

Here is a detailed review on the company Cointherum and I would walk you through the Cointherum company,the compensation plan,the products and the verdict.

Cointherum Review – The Company

 

The owner of Cointherum is not listed on the site, but the domain was purchased on May of 2017.

There are no tangible products associated with Cointherum but rather a recruiting platform from which members can gift other members with the very popular Bitcoin.

As for the domain name registration, this took place on May 27, 2017. Unfortunately, due to the private nature of said registration, there’s no way for me to see who the owner of the domain is or where in the world the registration took place.

Cointherum Review – The Products

No product is been sold in Cointherum only have the membership for the income opportunity to market to people that may be interested in it.

A setup like this results in a situation where there’s a total lack of any retail sales activity, and that’s just about the very last thing you want to run across when in the world of multi-level marketing.

 Cointherum Compensation Plan

Cointherum affilaites invest bitcoin on a promise they will make a 200% ROI in 90 days…

Along with this, there’s also the chance to earn through residual commissions that are paid via a binary system.

The binary system that Cointherum is using fills positions through both direct and indirect recruitment, and points are added to either side of it whenever money is invested into the company.

Affiliates are paid a percentage of matched binary funds, based on how much they have invested:

.    Invest 0.05 BTC and receive a 5% binary commission

·         Invest 0.1 BTC and receive a 6% binary commission

·         Invest 0.3 BTC and receive a 7% binary commission

·         Invest 0.5 BTC and receive a 8% binary commission

·         Invest 1 BTC and receive a 10% binary commission

·         Invest 2 BTC and receive a 14% binary commission

·         Invest 4 BTC and receive a 15% binary commission

·         Invest 10 BTC and receive a 16% binary commission

·         Invest 15 BTC and receive a 17% binary commission

·         Invest 20 BTC and receive a 20% binary commission

·         Invest 30 BTC and receive a 22% binary commission

·         Invest 50 BTC and receive a 23% binary commission

Cost To Join Cointherum

The cost to join Cointherum will run you anywhere between 0.05 and 50 BTC.

Is Cointherum Actually Legit Or A Scam?

Cointherum is actually legit and not a scam.To be successful in Cointherum like most other network marketing companies it would depend on your lead generation technique,your ability to recruit new reps and your marketing techniques.

Verdict On Cointherum

Being able to earn a 200% ROI over just 90 days sounds too good to be true, and that’s because it is. Cointherum supposedly earns the money to pay this ROI through trading of various cryptocurrencies, but since no proof is provided to show that this is actually taking place, it’s safe to say that Cointherum isn’t doing any trading of any kind.

That leaves affiliate investments being the only source of income for Cointherum, and with these funds being used to pay ROIs owed to other members, Cointherum quickly turns into a Ponzi scheme.

Like all other schemes that have come and gone before it, Cointherum will be no more once people stop join and investing their real dollars into it.

I hope you enjoyed my Cointherum review and if you have any questions, please leave them in the comments below…

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