Welcome to my PagareX Review!
There has been some buzz about this company lately and I decided to investigate what this company was really all about…
I am going to reveal the truth and put some rumors to rest…
Before you jump into this company and invest, read my blog post from start to finish and PAY close attention to my conclusion…
In my review on PagareX, I will cover the company history, products, and compensation plan.
This way you can make an informed decision of whether to join or not…
Let’s get right down to it!
PagareX Review – The Company
PagareX does not provide any information on their website about the owners or operators of the business.
The PagareX website domain was registered privately as “pagarex.com” on the 6th of December, 2017.
PagareX Reviews – The Products
PagareX doesn’t have any products or services for affiliates to purchase or sell.
But anyone wanting to sign up as an affiliate with PagareX can market the company affiliate membership.
The PagareX Compensation Plan
Affiliates looking to take part in the company compensation plan must sign up and invest into the company.
Company affiliates are required to invest in PGX points, offered at a rate of purchase from $1 to $2.50 per PGX point.
Affiliates are then expected to return their investment points back to the company as a loan with the agreement of a promoted ROI, earned monthly.
- Invest $100 to $1000 and receive a monthly ROI for 250 days
- Invest $1010 to $5000 and receive a monthly ROI plus 0.15% daily bonus ROI for 200 days
- Invest $5010 to $10,000 and receive a monthly ROI plus 0.25% daily bonus ROI for 125 days
- Invest $10,010 to $100,000 and receive a monthly ROI plus 0.3% daily bonus ROI for 100 days
Company affiliates are offered promotions in the form of bonus PGX points to encourage them to keep their coins parked within the company:
- First six months = 10% PGX point bonus a month
- Months 7 to 12 = 8% PGX point bonus a month
- Months 13 to 18 = 7% PGX point bonus a month
- Months 19 to 24 = 5% PGX point bonus a month
- Months 25 to 30 = 3% PGX point bonus a month
- Months 31 to 36 = 10% PGX point bonus a month
The company uses a unilevel compensation model to pay out referral commissions to its affiliates.
The unilevel compensation model puts an affiliate at the top of a unilevel team, which places any personally sponsored affiliate on level 1 right underneath the original affiliate.
When a level 1 affiliate sponsors new affiliates, they are then put onto level 2 of the original affiliate’s unilevel team.
When a level 2 affiliate sponsors new affiliates, they are then placed onto level 3, and level creation continues like so down a hypothetical never ending amount of levels.
The company currently caps payable unilevels at level 10.
The percentage rate paid out for commissions from the company is measured by the amount of money that is invested with unilevel team affiliates among these 10 levels:
- Level 1 (personally sponsored affiliates) – 10%
- Level 2 – 5%
- Levels 3 and 4 – 2.5%
- Levels 5 to 10 – 1%
There is also a 5% Matching Bonus that is paid out on referral commissions earned when affiliates are personally sponsored.
Cost to Join PagareX
The cost to join PagareX as an affiliate is free, although those affiliates with the free membership can only earn commissions on referrals.
If affiliates would like to fully participate in the company and the PagareX MLM income opportunity, they must invest a minimum of $100.
Verdict on PagareX
Well, what I can I say…. Except that I don’t think this company is 100% believable…
The company starts off by saying they are into Bitcoin trading, and that’s how they are able to make their ROI profits:
“If a user decides to invest in Lending, PagareX coins in their wallet will be borrowed by the PagareX platform.
These coins are then utilised to purchase Bitcoins when the price is low and sell them when the price increases to a higher level.
This is where the profit comes from.”
If the company is actually successful in making profits with Bitcoin trading, this make me wonder why they are trying to get investments from people all over the world with internet access?
Their PGX points offered are just forms of cryptocurrency or altcoin, which doesn’t bring anything new to the altcoin industry…just another needle in the haystacks of altcoin scam companies.
They are promising false amounts of money to be earned, using basic theories of the stock market, so if you are new to this world, don’t fall for things being said like this by the company:
“The sooner you invest, the lower the price of the coin, and then you’re simply able to watch it rise in value.”
There really is no evidence as to where your money is really going…
But I can give you some insight…. It’s not to your bank account.
The money invested by new investors is taken and given to older investors as the false ROI that was accumulated on their investments…
The owners of this company are anonymous, so you don’t really know who you are investing with.
They will take new affiliate investments and pay out older affiliates, and then when new sponsorship ends or slows, the business will most likely fail to be able to pay any amount of ROI, causing it to completely collapse.
But before the company completely fails, the anonymous owners will get away with the investors’ money…
My advice? Be careful with this company as you are likely to lose your investment…
I hope you enjoyed my PagareX review and if you have any questions, please leave them in the comments below…
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