On its website, uTrading omits management and ownership details.
On an unspecified date, uTrading’s website domain (“utrading.ai”) was privately registered. We may locate marketing films with an Asian accent that have been robo-dubbed on uTrading’s official YouTube account. Chinese fraudsters are often known to name their uTrading accounts with “VIP”.
There are no retailable goods or services offered by uTrading.
Only the uTrading affiliate membership itself may be promoted by affiliates.
Affiliates of uTrading buy a membership to use a “free” cryptocurrency trading bot.
Complicated “uGas” costs enwrap uTrading’s bot subscription:
Regarding the meaning of these uGas numbers, uTrading says
For 1000 uGas, you can make $100, therefore it costs you $10 to make $100.
We may infer from this that uTrading will reimburse 10 times the fees an affiliate pays. Keep in mind that bot investment is paid on top of uTrading fees.
Recruiting affiliates who also pay membership fees is how uTrading’s multilevel marketing business makes money.
There are six affiliate ranks within uTrading’s compensation plan.
Along with their respective qualification criteria, they are as follows:
In order to count towards rank qualification, recruited affiliates must have paid subscription fees.
Referral commissions on USDT fees paid down two recruiting levels (unilevel) are paid by uTrading.
Keep in mind that the referral rate commission differential on downline recruiting activity might be earned by higher rated affiliates.
Subscription payments paid anywhere in their downline may be the source of this.
A 10% referral commission is given out if a downline affiliate on the first two levels has the same rank as the recruiting affiliate.
Membership as an uTrading affiliate is free.
A uGas membership cost of at least $15 USDT is required in order to fully participate in the linked revenue opportunity.
uTrading misrepresents itself as a company that offers a free trading bot.
You may use this free, fully working, automated cryptocurrency trading system as a weapon to take against expert algorithmic traders.
This is nonsense since uGas access fees are the only method to utilize the bot. Beyond that first trick, uTrading is just another fraud with the “lulz can’t touch our money!” paradigm. In the end, whomever is operating uTrading would be covertly operating it for themselves if the alleged bot was effective over the long haul. Giving away the golden goose for little or no money is illogical. Moreover, the multilevel marketing aspect of uTrading functions as a pyramid scheme as nothing is advertised or sold to retail clients.
Usually, “lulz can’t touch our money!” methods end in a fraud by manipulating transactions or blowing the bot up. The bulk of investors in “lulz can’t touch our money!” scams, however, lose money anytime they unavoidably depart fraud.
It costs nothing to become a Sybbex affiliate.
A minimum investment of 50 BTC, 0.005 BTC, 0.05 ETH, or 1 LTC is required to fully participate in the linked income opportunity.
There is no concrete proof that Sybbex is bringing in any form of outside income. Audited financial records submitted to authorities would serve as such proof, which is required by law. Like its executives and headquarters in Ireland, Sybbex does not have any proof of foreign income since it does not exist.
New investment is the sole substantiated source of income coming into Sybbex. If fresh investments were used to cover ROI withdrawals, Sybbex would be considered a Ponzi scam. Like other MLM Ponzi scams, fresh money will stop coming in as soon as affiliate recruiting stops.
As a result, Sybbex will ultimately fail due to a lack of ROI income. Ponzi schemes’ mathematical foundation ensures that most participants lose money when they fail.
UTrading extremely low trust score, there is a good chance that the website is a hoax. Use caution when accessing this website!
Our algorithm examined a wide range of variables when it automatically evaluated uTrading, including ownership information, location, popularity, and other elements linked to reviews, phony goods, threats, and phishing. All of the information gathered is used to generate a trust score.
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