Looking for a PagareX Review? You’re in the right place. Today we are looking at PagareX Review and we are going to share our full review. If you’re wondering whether it’s a scam or a legit company keep reading as we will reveal everything. Also we are not an affiliates for PagareX Review so you can expect and honest review and not just another sales pitch like other reviews do!
PagareX Review
No information has been provided by PagareX on their website about who owns or runs the business.
pagarex.com, the PagareX website domain was privately registered on December 6th, 2017.
If an MLM company does not openly reveal who is running or owns it, think twice joining and/or investing any money.
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Products of PagareX
PagareX does not offer any retailable products or services. The affiliates are only able to market PagareX affiliate membership itself.
The Compensation Plan
The affiliates of PagareX acquire pre-generated PGX points from the company’s owners.
PGX points are sold to the affiliates of PagareX for between $1 and $2.50.
PGX points are “lent” back once acquired to the company on the promise of a monthly ROI of up to 48%.
- Invest $100 to $1000 to get a monthly ROI for 250 days
- Invest $1010 to $5000 to get a monthly ROI plus 0.15% daily bonus ROI for 200 days
- Invest $5010 to $10,000 to get a monthly ROI plus 0.25% daily bonus ROI for 125 days
- Invest $10,010 to $100,000 to get a monthly ROI plus 0.3% daily bonus ROI for 100 days
The affiliates of PagareX are encouraged to park their coins in PagareX in exchange for bonus PGX points:
- first six months = 10% PGX point bonus monthly
- months 7 to 12 = 8% PGX point bonus monthly
- months 13 to 18 = 7% PGX point bonus monthly
- months 19 to 24 = 5% PGX point bonus monthly
- months 25 to 30 = 3% PGX point bonus monthly
- months 31 to 36 = 10% PGX point bonus monthly
Referral commissions are given out through a unilevel compensation structure.
An affiliate is placed at the top of a unilevel team by a unilevel compensation structure. Every personally recruited affiliate is placed directly under them (level 1).
When any level 1 affiliate recruits new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
When any level 2 affiliate recruits new affiliates, they are placed on level 3 and so on down a theoretical infinite number of levels.
The payable unilevel levels are capped at ten by PagareX. The commissions are given out as a percentage of funds invested across these ten levels:
- level 1 (personally recruited affiliates) : 10%
- level 2 : 5%
- levels 3 and 4 : 2.5%
- levels 5 to 10 : 1%
A matching bonus of 5% is given on referral commissions created by personally recruited affiliates.
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PagareX Membership
The affiliate membership of PagareX is free. However, free affiliates can only earn referral commissions.
To fully participate in the PagareX MLM opportunity needs a minimum $100 investment.
Summing Up
PagareX claim to create ROI revenue via bitcoin trading.
In case the user decides to invest in lending, PagareX coins in their wallet will be borrowed by the Pagare X platform.
The coins are then used to buy Bitcoins when the price is low and sell them when the price increases to the higher level.
It is where profit comes from.
If PagareX are already able to gain a profit from bitcoin trading, they won’t be soliciting investment from randoms over the internet.
PGX as a cryptocurrency brings nothing fresh to the table and is just another “me too altcoin”.
In spite of this, PagareX are stringing susceptible investors along on the usual promise of riches.
They state if you invest sooner, you will get the coin at a lower price. Then, you will be able to simply watch it rise in value.
There is no proof of PagareX trading bitcoin, or using trading profit to create a monthly ROI of up to 48%. Here is another review on a company that claimed that they are trading as well.
The sole verifiable source of revenue entering PagareX is newly invested funds.
The use of newly invested funds to pay existing affiliates a monthly base ROI of up to 48% makes PagareX a Ponzi scheme.
Lending ICO Ponzis like PagareX play out as follows:
Anonymous Admins offload valueless pre-generated points in exchange for real money. In this case it’s PGX points.
The admins then make use of some of this money to pay promised ROIs for as long as new affiliates sign up.
When affiliate recruitment slumpsdown, so does the ROI reserve.
As and when a predetermined threshold is reached, the anonymous admins of PagareX pull a runner with what’s left.
Early investors of PagareX make a bit of money (mostly through recruitment of new investors). But like any other Ponzi scheme, the truth about such scams is that most of the participants eventually lose money.
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