When I added Crypster to our review list, the company was operating from two domains; “crypster.eu” and “crypster.rocks”.
The EU domain has since been abandoned. The ROCKS domain is still up but not accessible through a US IP address.
Crypster’s website provides no information on who owns or runs the business.
Crypster marketing videos feature Volker Wainig, who on LinkedIn identifies himself as Crypster’s founder.
According to his LinkedIn profile, Wainig (right) is based out of Austria.
Prior to founding Crypster, Wainig was Executive Sales Chief for
Trevo
and CEO of the
FlexKom
pyramid scheme’s US division.
Read on for a full review of the Crypster MLM opportunity.
Crypster Products
Crypster has no retailable products or services, with affiliates only able to market Crypster affiliate membership itself.
The Crypster Compensation Plan
Crypster affiliates sign up and invest 0.01 to 1 BTC, on an advertised 4% weekly average ROI.
On average, we have produced 4% for our Crypsters every week!
Commissions are paid when Crypster affiliates convince others to invest.
Crypster pays commissions via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Crypster caps payable unilevel team levels at five. Note that only level 1 is available to new affiliates.
Levels 2 to 5 of the unilevel team must be unlocked as per the following qualification criteria:
level 2 – generate 1 BTC of investment across level 1 of your unilevel team (personally recruited affiliates)
level 3 – generate 5 BTC of investment across levels 1 and 2 of your unilevel team (no more than 2.5 BTC counted from any one unilevel leg)
level 4 – generate 10 BTC across levels 1 to 3 of your unilevel team (no more than 5 BTC counted from any one unilevel leg)
level 5 – generate 20 BTC across levels 1 to 4 of your unilevel team (no more than 10 BTC from any one unilevel leg)
Once qualified for, Crypster pays commissions on up to five unilevel team levels as follows:
level 1 (personally recruited affiliates) – 8%
levels 2 to 5 – 4%
Joining Crypster
Crypster affiliate membership is tied to a 0.01 to 1 BTC investment.
Conclusion
Crypster offers a passive investment opportunity, with returns purportedly derived via “digital currency trading”.
Crypster is the platform of choice for ordinary people getting involved in digital currency trading.
Crypster provides investors and the public with no specifics on its trading activities.
Furthermore Crypster’s passive investment opportunity quite obviously constitutes a securities offering.
Crypster affiliates sign up,
🤖 Quick Answer
What is Crypster and who operates it?Crypster is a digital currency trading platform that operated through domains "crypster.eu" and "crypster.rocks". Founded by Volker Wainig, an Austrian entrepreneur, the company provides no transparent information about ownership or management structures on its website. The EU domain has been abandoned, while the ROCKS domain remains inaccessible from US IP addresses.
What is Volker Wainig's professional background?
Volker Wainig, identified as Crypster's founder through marketing videos and LinkedIn profile, previously served as Executive Sales Chief for Trevo and CEO of FlexKom's US division. FlexKom operated as a pyramid scheme, indicating Wainig's experience in multilevel marketing structures prior to establishing Crypster.
What products does Crypster offer to affiliates?
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