CryptoTrain Trading provides no credible information on their website about who owns or runs the company.
CryptoTrain Trading’s website domain (“cryptotrain.trade”) was registered with incomplete details on May 16th, 2019.
In an attempt to feign legitimacy, CryptoTrain Trading provides a UK incorporation certificate on its website.
UK incorporation is dirt cheap and for the most part unregulated. It is a favored jurisdiction for scammers looking to incorporate dodgy companies.
Accompanying the incorporation certificate is the claim “CEO Dr Jacob Hann” founded CryptoTrain Trading.
Given the lack of information available on Hann, it is highly likely he doesn’t exist.
At the time of publication Alexa estimates South Africa is the largest source of traffic to CryptoTrain Trading’s website (43%).
This is large enough to suggest that whoever is running CryptoTrain Trading is likely based out of South Africa itself.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
CryptoTrain Trading’s Products
CryptoTrain Trading has no retailable products or services, with affiliates only able to market CryptoTrain Trading’s affiliate membership itself.
CryptoTrain Trading’s Compensation Plan
CryptoTrain Trading affiliates invest funds on the promise of an advertised 52 week return:
Entry EA – invest $30 and receive a 9.1% a week
Bronze EA – invest $100 and receive a 9.1% a week
Silver EA – invest $300 and receive a 9.8% a week
Golden EA – invest $500 and receive a 9.8% a week
Diamond EA – invest $1500 and receive a 10.5% a week
VIP EA – invest $5000 and receive a 10.5% a week
Note that CryptoTrain Trading charge an 8% fee on all returns and commission withdrawals.
Residual Commissions (unilevel)
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.
CryptoTrain Trading caps payable unilevel team levels at five.
Residual unilevel commissions are paid out as a percentage of funds invested across these five levels as follows:
level 1 (personally recruited affiliates) – 11%
level 2 – 5%
level 3 – 4%
level 4 – 3%
level 5 – 2%
If any of the affiliates placed in the first five levels of the unilevel team are from upline recruitment efforts, an additional 1% is paid on that affiliate’s investment.
Residual Commissions (binary)
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first t
🤖 Quick Answer
Who operates CryptoTrain Trading?CryptoTrain Trading provides minimal information regarding company ownership and management on its website. The platform claims "CEO Dr Jacob Hann" as founder, though no verifiable information exists about this individual, raising legitimacy concerns.
When was CryptoTrain Trading registered?
The domain "cryptotrain.trade" was registered on May 16th, 2019 with incomplete registration details, a common characteristic associated with entities attempting to obscure their true ownership and operational transparency.
What jurisdiction does CryptoTrain Trading claim?
CryptoTrain Trading presents a UK incorporation certificate on its website. UK incorporation is noted for minimal regulatory oversight and low establishment costs, making it a jurisdiction frequently utilized by questionable business operations.
Where is CryptoTrain Trading's primary traffic sourced?
According to Alexa traffic estimates at publication date,
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