Scams Radar

Qwidex Exposed: The Disappointing Truth Behind Its Promises

Qwidex Company

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Qwidex Logo – Highlighted in Scam Review
Alleged Qwidex Owner – Image from Scams Radar Investigation

About Chase Coleman

Qwidex founder and CEO Chase Coleman is played by a real, Russian-accented actor. This makes him a strong candidate for Boris’ CEO. Coleman joined Facebook in October 2024. The scam included a 2020 Coleman Qwidex entry inserted retroactively. Qwidex claims to be based in New South Wales, Australia, to appear legitimate. The location is owned by virtual office retailer Servcorp. Other than registering Qwidex Pty Ltd as a shell organisation with the Australian Services and Investment Commission, Qwidex’s ties to Australia are unclear.

What is Qwidex.com?

Is it safe to use qwidex? Unfortunately, it’s not likely. Gridinsoft Anti-Malware has blocked Qwidex.com because it was found to be a financial scam. When this domain was registered with Metaregistrar BV a year ago, its owner was REDACTED FOR PRIVACY. You can email abuse@metaregistrar.com or call +31.858885692 to lodge a complaint.

Qwidex’s Compensation Plan

Qwidex company promotes itself as a crypto investment platform promising passive daily profits in USDT, Bitcoin, and Ethereum. But beneath the surface, it operates on a multi-level marketing (MLM) structure fueled by affiliate recruitment. Here’s a breakdown of its highly questionable ROI plans:

USDT-Based Plans: Daily Payouts with Unrealistic Returns

  • Basic: Invest $50–$999 USDT for 15 days and earn 0.8% to 1% daily.

  • Basic Pro: Deposit $1,000–$2,499 USDT for 25 days with 1.1% to 1.3% daily ROI.

  • Qwidex Start: Get 1% daily for 30 days on deposits from $1,000–$9,999 USDT.

  • Advanced: For $2,500–$14,999, earn 1.35% to 1.55% daily over 35 days.

  • Qwidex Advanced: Invest $4,999–$19,999 USDT to get 1.2% daily for 45 days.

  • Advanced Pro:

    • $9,999–$49,999 USDT earns 1.4% for 60 days.

    • $15,000–$49,000 USDT pays 1.6%–1.8% for 45 days.

  • Premium Tiers:

    • $24,999–$99,999 USDT: 1.7% daily for 75 days.

    • $50,000–$149,000 USDT: 1.85%–2.1% for 55 days.

    • $150,000–$1,000,000 USDT: 2.15%–2.35% daily for 65 days.

  • High-End Long-Term Plans:

    • Expert: $250–$9,999 for 2.6%–2.85% daily for 6 months.

    • Expert Pro: $10,000–$49,000 for 2.85%–3.1% daily for 1 year.

    • Master: $50,000–$99,999 for 3%–3.25% daily for 1 year.

    • Master Pro: $100,000–$249,999 for 3.15%–3.4% daily over 2 years.

    • Elite: $250,000–$500,000 for 3.35%–3.6% daily for 2 years.

Ethereum (ETH) Investment Plans

  • ETH Plan: 0.02–25 ETH with 2.1%–2.3% daily ROI for 100 days.

  • ETH Pro: 26–95 ETH, returns 2.35%–2.55% daily for 100 days.

  • ETH Exclusive: 96–475 ETH, get 2.7%–2.9% daily for 100 days.

Bitcoin (BTC) Investment Options

  • Bitcoin Plan: 0.005–1.5 BTC, earns 2.1%–2.3% daily for 100 days.

  • BTC Pro: 1.6–4.9 BTC, offers 2.35%–2.55% daily for 100 days.

  • BTC Executive: 5–25 BTC, with 2.7%–2.9% daily for 100 days.

Red Flags You Shouldn’t Ignore

  • Payments are only made Monday to Friday — a common Ponzi tactic to slow withdrawals.

  • All returns are excessively high and fixed, ignoring real market volatility.

  • No verifiable trading data or audit reports are provided.

  • Earnings depend heavily on recruiting new affiliate investors, making this resemble a pyramid scheme with crypto dressing.

Qwidex Crypto Investment Promo – Misleading Investment Pitch

The FAKE CEO Playbook

A clear warning sign is the hiring of a “FAKE CEO.” One of the best examples of the fake executives and fabricated backstories utilised in these scams from Eastern Europe is Qwidex. With its actor-turned-CEO and dubious ties to Australia, the deception is as blatant as it is absurd. Similarly, BridgeMe do the same scam. 

Qwidex Affiliate Ranks

Each of Qwidex’s 12 affiliate rankings requires personal investment persuasion and a high team (downline) investment volume. Despite the appealing titles, the system favours top recruiters and manipulates volume tracking to minimise compensation.

Qwidex Affiliate Ladder Climbing

How much you convince people to invest and how large your downline volume rises determine your rank:

  • Partner: Receive $1,000 direct investment and $20,000 team volume as an affiliate adviser.
  • Experts: Encourage $2,500 personal recruiting and $50,000 downline volume.
  • Manager: Increase team size to $150,000 with $7,500 from new investors.
  • Executive: $20,000 affiliate investment yields $450,000 volume.
  • Director: Raise $50,000 and aim for $1,000,000 in Downline volume.
  • Silver Leader: Raise $75,000 to reach $2,500,000 volume.
  • Gold Leader: Generate $5,000,000. Increase new investments to $100,000.
  • Platinum Leader: $250,000 and $10,000,000 volume.
  • Diamond Leader: Raise $400,000 and $20,000,000 from your team.
  • President: Get $1,000,000 investment and $50,000,000 downline volume.
  • International President: The highest title—gain $2,000,000 in investment and produce $75,000,000 in volume.

Qwidex Controls Downline Volume

The tiered volume counting system of Qwidex dilutes affiliate profits, making team contributions tougher to count towards rank qualifications:

  • BTC investments count 100% at Level 1 (Direct recruitment).
  • Level 2: 90% counted.
  • Volume is 75% lower at Level 3.
  • Down to 50% at Level 4.
  • At level 5, 20% matters.
  • From 6 to 100, just 10% of investments matter.
  • Level 101+: Zero investments.

Red Flag Info

The Qwidex rank system traps affiliates in endless recruiting loops and quietly reduces their qualification, not just performance. Big team volume can be useless if buried too deep in the structure.

GrowthClub Networking Scheme

Referral Commissions

Qwidex operates a 100-level deep unilevel compensation system, rewarding affiliates based on their rank and how many levels deep their team goes. Each personally recruited member is placed on Level 1, and new recruits by your team are placed progressively on lower levels.

Commission Breakdown by Rank

  • Partner: Earn 5% on Level 1, 2% on Level 2, 1% on Level 3.

  • Advisor Tiers: Up to 4 levels of payouts ranging from 5%–1%.

  • Executive & Director Levels: Unlock 6%–9% on Level 1, and commissions down to Level 8, tapering to 0.5%.

  • Gold & Diamond Leaders: Higher ranks enjoy 11%–13% on Level 1, with commissions spreading to Level 12.

  • Platinum Leaders & Presidents: Earn up to 15% on Level 1 and smaller shares down to Level 30.

  • International Presidents: Top earners get 16% on Level 1, scaling down to 0.25% on Levels 51–100.

Every month, Qwidex rewards top recruiters with an unspecified proportion of the amount of new investments.

Joining Qwidex

The Qwidex affiliate program does not charge its members. A minimum investment of fifty USDT, 0.02 ETH, or 0.005 BTC is called for in order to fully participate in the associated income potential.

Qwidex Conclusion

Qwidex illustrates how automated trading generates revenue:
No proof exists that Qwidex uses external revenue to pay ROI withdrawals. Additionally, Qwidex’s business model fails the Ponzi logic test. Surely Qwidex would utilise their own trading bot if it could produce 3.35% daily?

Free internet access for strangers: why? Qwidex’s trading bots and CEOs are fake. The only source of Qwidex income is new investment. With ROI withdrawals reimbursed with new investments, Qwidex would be a Ponzi. Once affiliate recruiting stops, fresh investment will stop, like previous MLM Ponzi crimes. Qwidex will fail owing to low ROI. When Ponzi schemes fail, most participants lose money because of their maths.

Positive Highlights

Negative Highlights

Other Infromation:

WHOIS data : hidden
Owner : REDACTED FOR PRIVACY
Country : Germany
WHOIS registration date : 2023-12-18
WHOIS last update date : 2024-08-27
WHOIS renew date : 2026-12-18
Website : qwidex.com 
Title : Qwidex |
Traffic Coming From : NL

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