WesternCoin provide no information on their website about who owns or runs the business.

The WesternCoin website domain (“westerncoin.co”) was privately registered on September 14th, 2017.

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.

WesternCoin Products

WesternCoin has no retailable products or services, with affiliates only able to market WesternCoin affiliate membership itself.

The WesternCoin Compensation Plan

WesternCoin affiliates invest in the WNC crypocurrency on the promise of monthly ROIs of up to 45%.

invest $100 to $499 and receive a monthly ROI of up to 45% for 240 days

invest $500 to $999 and receive a monthly ROI of up to 45% for 210 days plus 0.05% bonus

invest $1000 to $4999 and receive a monthly ROI of up to 45% for 180 days plus 0.10% bonus

invest $5000 to $9999 and receive a monthly ROI of up to 45% for 150 days plus 0.2% bonus

invest $10,000 to $49,999 and receive a monthly ROI of up to 45% for 120 days plus 0.25% bonus

invest $50,000 to $99,999 and receive a monthly ROI of up to 45% for 90 days plus 0.3% bonus

invest $100,000 or more and receive a monthly ROI of up to 45% for 60 days plus 0.35% bonus

At the end of the maturity period WesternCoin also pay out the initially invested amount.

Referral commissions are paid on invested funds and ROI payments 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.

WesternCoin cap payable unilevel levels at ten, with commissions paid out as follows:

level 1 (personally recruited affiliates) – 8% referral commission and 5% ROI commission

level 2 – 3% referral commission and 1% ROI commission

level 3 – 2% referral commission and 1% ROI commission

level 4 – 1% referral commission and 1% ROI commission

levels 5 and 6 – 1% referral commission and 0.5% ROI commission

level 7 – 1% referral commission and 0.3% ROI commission

level 8 – 0.5% referral commission and 0.3% ROI commission

level 9 – 0.3% referral commission and 0.2% ROI commission

level 10 – 0.2% referral commission and 0.2 % ROI commission

Joining WesternCoin

WesternCoin affiliate membership is free, however affiliates must invest in at least $100 worth of WNC to participate in the attached income opportunity.

Conclusion

WesternCoin is yet another altcoin propped up by Ponzi fraud.

The ruse sees affiliates initially invest with in premined WNC, which are owned by the WesternCoin admin(s).

Through this exchange the WesternCoin admin(s) receive real money in exchange for a worthless cryptoc

🤖 Quick Answer

What is WesternCoin and how does it operate?
WesternCoin is a cryptocurrency venture offering monthly returns up to 45% on WNC token investments ranging from $100 to $999, with variable ROI periods and bonus structures. The company maintains anonymous ownership with a privately registered domain since September 2017, lacking transparent information about operators and management structure.

What are the red flags associated with WesternCoin?
WesternCoin exhibits characteristics typical of Ponzi schemes: anonymous ownership, absence of retailable products or services, unsustainable promised returns, and reliance on affiliate recruitment rather than legitimate revenue generation, indicating potential fraudulent operation.

What investment structures does WesternCoin propose?
WesternCoin presents tiered investment packages starting at $100-$499 generating 45% monthly returns for 240 days, while $500-$999

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