Welcome to my GlobalAid Cryptocurrency trading platform review.
Are you considering investing in the GlobalAid Club cryptocurrency platform? If so, I urge you to read this article first.
GlobalAid Club claims to be a company that donates 90% of its profits to charity. However, there are a number of red flags that suggest that this platform may be a scam.
In this article, I will reveal the red flags that I have discovered about GlobalAid Club. I will also provide tips on how to avoid cryptocurrency scams in general.
So if you’re thinking about investing in GlobalAid Club, or if you’re just curious about cryptocurrency scams, keep reading.
FREE 4-STEP “CHEAT SHEET” :
Want To Build a PROFITABLE Online Business(but don’t know where to start?)
What is GlobalAid.Club All About?
GlobalAid.club promises daily returns on your investment from online crypto-trading. Their main marketing angle is that you can make up to $ 300,000 from a single investment of just $50 and you do not need to do any recruiting whatsoever!
You can these daily passive income earnings by choosing to invest in one of their investment packages and letting their trading system do all the hard work.
But they also have an MLM side to it, where you can invite people to join and earn from their investments as well.
How Does The GlobalAid Trading System Work?
This should actually be the first red flag of the GlobalAid trading system. They claim that you can earn 300k from just one single investment of $50.
However, they did not reveal their trading system, if there is any, to begin with to generate this revenue. There is no demo or proof of any earnings either.
In other words, everything is simply hearsay.
It’s not convincing that GlobalAid is a legitimate trading platform. You will see why when we chat more about the red flags.
How Do You Make Money With GlobalAid.com?
The way to earn is by investing $50 into the program. It starts from ‘BEGINNER’ level and goes all the way to the ‘AVENGER’ level.
If you are on the Beginner level, you can earn a passive income of $1.5 daily for 40 days and if you are on the Avenger level, you can earn $750 daily for 250 days. According to them, it is around $ 185,000 in earnings.
However, it is not as straightforward as it seems. The catch is that you have to recruit people into the program, and only once you get the minimum amount of people for a level, can you can start earning the passive income.
For instance, on the Beginner level, you need at least 3 people to join the company under you. Or if you do not want to recruit anyone, then you have to wait for the leg count to reach 75 to unlock earnings.
These are all the rank levels within the company.
- Beginner
- Runner
- Bronze
- Silver
- Gold
- Platinum
- Diamond
- Blue Diamond
- Entrepreneur
- Chairman
- Vice President
- President
To ascend from one rank level to the next, you have to meet the required number of Global Leg count for that level. Basically, the leg count works from spillovers from the members higher above you in the organization.
Once your referrals reach a new rank level, you get paid a 50% checkmatch referral bonus.
So, on paper, it looks like a pretty much attractive business model. They make it look like it’s really simple to make some quick and easy money along the way.
Now, let’s take a closer look at some of the red flags.
The Red Flags Of GlobalAid.club
(1) No Owner
There is no owner, or founder information on the official website. Even on their YouTube channel, they have disabled their comments. It seems like they do not want themselves to be known, or engage with anyone.
Would you really want to be in business with partners like these?
(2) No Testimonials or Proof of Earnings
According to the official website, 33 thousand packs were already purchased, and they have around 13,000 users on record.
If this were really true, and people were in fact making money using the GlobalAid cryptocurrency trading platform, then surely there would be some testimonials or user ratings, right?
There are none of these on the website.
(3) No Evident Refund Policy and Forced Crypto Trading
I could not find any detailed terms and conditions. It’s not safe to say that they have any refund policy in place. Furthermore, you are forced to use Cryptocurrency to earn on the platform.
Using crypto makes it all the more easier for them to vanish with your money without a trace!
Recommended Reading: Ulix7 Review – Another Crypto-MLM Ponzi?
Is GlobalAid.Club A Ponzi Scheme? My Personal Opinion
GlobalAid.club promises a passive income return to its investors. There is no evidence to back that company is generating any revenue.
They do not show you the trading system, if any, that they are using to generate these returns. Furthermore, the company is unable to show any operating funds coming in except from membership investments.
As a refresher, here is the definition of the Ponzi scheme according to Wiki. “is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.“
Once members stop joining the scheme, eventually money will stop rolling in, and the scheme will collapse.
Furthermore, they are operating as an MLM and if they claim to offer a passive income return, it constitutes a securities offering. As such, the company needs to be regulated by the necessary authorities.
As we speak, they have no such regulation.
It sounds enticing to earn a Daily return on your investment. However, if they could make this kind of money with ease, why ask for your money in the first place?
Remember, all investments take place using Crypto. It is hard, if not impossible to get your money refunded if you want to pull out.
I would recommend one to stay away from this business opportunity.
There are many Crypto-MLMs doing the rounds. I have written about some of them like Tafabot, Vortic United, and Novatech FX.
How I Earn An Income Online
I transitioned from the health field to the online world.
I faced a major health challenge that affected my ability to do my day job as a pharmacist, and I had no choice but to find another way to bring in the money. You can read my story here.
It’s thanks to affiliate marketing that I can earn a passive income online.
With affiliate marketing, you do not have to focus on recruiting people at all. There is no cold-calling or having “tea parties” or having to do any door-to-door selling.
It’s a great business model for newbies. Even if you have no marketing or any technical experience with website building and so forth.
You have the freedom to build your business around a topic or niche that you enjoy talking about. And you are not restricted to marketing only ONE product or service.
It would be my pleasure to show you more about how I made money with this business model since 2016. Let me show you how it can benefit YOU as well by clicking here.
Thanks so much for joining me on this GlobalAid.Club Review.
I hope that it has helped you out.
Looking forward to hearing from you.
Regards
Roopesh