TradeXLine Review (A Crypto Pyramid Scheme And Scam!?)

It’s likely that you have come across TradeXLine through an email list, on social media or got it recommended by a friend or family member.

Is TradeXLine a scam? The reasons why you’re here is because you have want answers right so, that’s what I’m going to provide for you within this TradeXLine review.

First and foremost I must commend you for actually doing a bit of extra research before committing to joining TradeXLine. For all you could have known, the product could be a major scam so the fact you’re here right now, researching whether or not that’s the case is a pretty smart move on your part.

To be fully transparent with you, I am personally not a member of TradeXLine so I can assure you that I will not attempt to sell you it unless of course it’s worth investing in.

What I will aim to do is provide you with an unbiased 3rd party look at TradeXLine that will hopefully help you to make the best decision you can in the end.


PRODUCT NAME: TradeXLine

OWNER/S: “Christian Tremblay”

TYPE OF PRODUCT: cryptocurrency MLM

PRICE: $20 minimum investment

SUMMARY: Yes I personally do think that TradeXLine is a pyramid scheme and a scam, one that you should mostly definitely should avoid!

The use of fake images that are made to look real on their website is one red flag, the lack of any tangible products is another red flag, the fact even through recruitment you’re only paid out in TradeXLine coins is another one of my issues, recruitment pretty much being essential to find success with the company is another one and lastly, the volatility of the cryptocurrency market is another huge problem.

TradeXline in my opinion is a very bad business opportunity and one that you should avoid, especially when you take into account that there are multiple institutions using cryptos as a pump and dump model to make lots of money from innocent investors and leaving them in the gutters by the end.

FINAL RATING: 0/5

RECOMMENDED: NO!!


WHAT IS TRADEXLINE?

TradeXLine logo

TradeXLine is yet another cryptocurrency based MLM company that’s too good to be true. At this point it seems like a new one’s popping up every few days.

The company in this case seems to be very dishonest with potential members, using poorly photoshopped images to show off their office to more that likely using a fake CEO in the form of Christian Tremblay. There are only has 3 images of this guy  on the website whilst his about section is also poorly written adding even less legitimacy to the opportunity.

I’m not saying that I’m an amazing writer or anything, this Christian guy supposedly meant to be a 31 year old entrepreneur who’s studied in the financial markets yet, his grammar is somewhat questionable and whole image comes across as very suspicious.

He also claims to have worked within the network marketing industry since 2012 however, considering I couldn’t find much else about the guy, there’s a good chance the images used are fake, much like the fake receptionist in their other image showing off the “office”.

All I can say is that my initial impressions of TradeXLine weren’t all to positive nevertheless, I’ll still cover the main elements of the company and the currency itself so that you can make your own decisions.

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TRADEXLINE’S PRODUCTS

The only thing offered by TradeXLine to its members is the ability to purchase the TradeXLine cryptocurrency which in turn will make you eligible for the compensation plan.

Becoming a member is actually free to do but, in order to gain access to the compensation plan, you will need to invest a minimum of $20.

Therefore, this just means TradeXLine offer no tangible or even valuable products to their customers.

I do get that all cryptocurrencies to an extent are intangible and valueless but, in my eyes TradeXLine appears to be even more worthless considering how its owner is genuinely trying to play you as a fool.

Their use of photoshopped images showcasing a fake office to give off the impression that the company is actually legitimate when in reality it isn’t, is one the major problems with TradeXLine. It just shows that TradeXLine is not a trustworthy entity to work for.


COMPENSATION STRUCTURE

As for how you’ll be able to earn with TradeXLine, there are a few different ways to accomplish this and I’ll cover it throughout the rest of the section but first, you should know that there are 8 different ranks an affiliate can achieve within the company and the criteria required to reach each rank is as follows :

  • Bronze – personally invest $100, recruit at least one affiliate who invests at least $20 and generate $10,000 in accumulated weaker binary team side volume
  • Silver – personally invest $1000, recruit at least three affiliates who together have invested $100 and generate $50,000 in accumulated weaker binary team side volume
  • Gold – personally invest $2000, recruit at least five affiliates who together have invested $2000 and generate $100,000 in accumulated weaker binary team side volume
  • Platinum – personally invest $5000, recruit at least ten affiliates who together have invested $2000 and generate $250,000 in accumulated weaker binary team side volume
  • Palladium – personally invest $10,000, recruit at least twenty affiliates who together have invested $5000 and generate $500,000 in accumulated weaker binary team side volume
  • Pure Diamond – personally invest $20,000, recruit at least forty affiliates who together have invested $2000 and generate $1,000,000 in accumulated weaker binary team side volume
  • Blue Diamond – personally invest $50,000, recruit at least sixty affiliates who together have invested $2000 and generate $5,000,000 in accumulated weaker binary team side volume
  • Crown Royal Diamond – personally invest $100,000, recruit at least one hundred affiliates who together have invested $100,000 and generate $10,000,000 in accumulated weaker binary team side volume

The first way is by purchasing the crypto itself, where by doing so TradeXLine claim you can achieve a certain percentage of returns.

  • XL Plan – invest $20 to $999 and receive a 135% ROI over six months
  • 2XL Plan – invest $1000 to $4999 and receive a 160% ROI over nine months
  • 3XL Plan – invest $5000 to $10,000 and receive a 180% ROI over twelve months

As for the amount of money you’ll make for recruits that your personally bring in, the rates for those are as such :

  • invest in an XL Plan and receive a 5% referral commission rate
  • invest in a 2XL Plan and receive an 8% referral commission rate
  • invest in a 3XL Plan and receive a 10% referral commission rate

Residual Commissions

As is the case with any MLM based company, TradeXLine will also allow you to make money residually. The residual commissions in this case are paid out via a binary structure, which means each affiliate will be able to recruit 2 members and earn from a left leg and right leg which can theoretically grow infinitely vertically.

Regarding how earnings for residual commissions are calculated, at the end of each day TradeXLine tallies up the new investment volume on both sides of the binary team and pays affiliates 5% of the funds invested on the weaker binary team side.

Once they are paid out, any of the leftover funds on the stronger carry leg over into the following day.

Rank Achievement Bonus

If you reach a specific rank within TradeXLine, you’ll be eligible to earn the following amounts :

  • qualify as a Bronze and receive $250 investment in an XL Plan
  • qualify as a Silver and receive $1000 investment in an XL Plan
  • qualify as a Gold and receive $2000 investment in a 2XL Plan
  • qualify as a Platinum and receive $7000 investment in a 3XL Plan
  • qualify as a Palladium and receive four $10,000 3XL Plan investments
  • qualify as a Pure Diamond and receive eight $10,000 3 XL Plan investments
  • qualify as a Blue Diamond and receive fifteen $10,000 3XL Plan investments
  • qualify as a Crown Royal Diamond and receive thirty $10,000 3XL Plan investments

Those are the main ways to earn with TradeXLine and as you can see, all of them either require you to invest in the currency or recruit others and well… this is often a sign that the company in question isn’t legit.

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THE NOT SO GOOD THINGS

The Front Page Of The Website Isn’t Professional

The images used in the front page of the website along with the poor grammar used to advertise the opportunity offered by TradeXLine, all show that the company isn’t very professional, even though that’s what they’re kinda trying to do.

The use of photoshop on the images, a poorly done job at that, and the unprofessional written content on the front page should be one reason why you should be wary of this crypto MLM opportunity.

The Compensation Only Pays In TradeXLine Coins

The only thing you’re offered by TradeXLine is the opportunity to earn more crypto, which as I said above is an intangible and valueless product on its own so, getting some extra shares of it, in my eyes and the eyes of many others, probably does not seem worth it especially considering how often cryptos tend to plummet and die.

Whether it be recruiting or buying the coins yourself, it’s very very unlikely that in the long term TradeXLine coins will be worth anything at all.

The Market Is Extremely Volatile

I’m sure you understand what I mean here, besides maybe bitcoin, litecoin, ethereum and the other major players that are more established in the scene, a lot of the other alt coins that start up are likely to be pump and dump schemes which ultimately means that the large majority of individuals will lose money with cryptos like TradeXLine.

This is the main reason why I’d be against investing in TradeXLine and any other cryptocurrency for that matter.


THE GOOD THINGS

There’s literally nothing good about TradeXLine which just means I wouldn’t recommend you invest your time or money in it.

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IS TRADEXLINE A PYRAMID SCHEME/SCAM?

Yes I personally do think that TradeXLine is a pyramid scheme and a scam, one that you should mostly definitely should avoid!

The use of fake images that are made to look real on their website is one red flag, the lack of any tangible products is another red flag, the fact even through recruitment you’re only paid out in TradeXLine coins is another one of my issues, recruitment pretty much being essential to find success with the company is another one and lastly, the volatility of the cryptocurrency market is another huge problem.

TradeXline in my opinion is a very bad business opportunity and one that you should avoid, especially when you take into account that there are multiple institutions using cryptos as a pump and dump model to make lots of money from innocent investors and leaving them in the gutters by the end.


MY PERSONAL RECOMMENDATION

I personally will always recommend against using a MLM business model to make money, not because you can’t make money through it (you totally can) but, the system has always seemed shady to myself and is kinda synonymous with the likes of a pyramid scheme or scams (MOBE and Digital altitude).

Instead I prefer working with something created through ones own means and is ultimately dependent on yourself and your work ethic alone.

This method I’m talking about is affiliate marketing. 

The reasons as to why I recommend it over MLM based structures are because

– there is no need to recruit constantly

– it is a legitimate method that has been working consistently and continues to grow as more businesses want individuals to promote products

– and because it is free to start up, no unnecessarily large start up funds needed.

The service I recommend is Wealthy Affiliate. It’s free to sign up to and will get you set up and ready to start your affiliate marketing journey within minutes, as it did for me when I begun my journey.

If you have any questions that you would like to ask me regarding TradeXLine, feel free to do so in the comments section below and I will get back to you as soon as I can. If you have your own thoughts about TradeXLine and would like to talk about it, again feel free to do so in the comments below!

Thanks

Amhil

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