We have seen multiple MLM schemes trying to capitalize on Bitcoin’s momentum. Most of these sites become scams sooner or later, although some projects are seemingly legitimate. That does not mean everyone will make money from using them, however. USI Tech combines automated trading with an MLM matrix and Bitcoin to appease investors.
Should You Trust USI Tech and Its Promises?
When it comes to making any investment — cryptocurrency or otherwise — one always needs to do their own research. No one can tell for sure if a particular scheme or website is legitimate or a scam. There are some exceptions to that rule, such as OneCoin, which is clearly a pure Ponzi Scheme waiting to collapse. Things are not as simple when it comes to USI Tech, since what they offer is both intriguing and disturbing. It is a bit difficult to make sense of what the company aims to provide exactly.
USI Tech claims its users can grow their existing Bitcoin balance by an average of 1% per day. This is not a fixed amount like most HYIP sites offer, yet it purports that anyone can make money with Bitcoin every single day. That is a bit of a strange statement. It is true Bitcoin provides many moneymaking opportunities, but 1% per day is still quite steep, even if it is an arbitrary average.
USI Tech’s BTC package costs €50 and offers customers maximum risk reduction based on long-term trading strategies. Users can expect returns of up to 100% per year. This trading is fully automated and is based on the company’s unique algorithms. USI Tech claims they can deal with extreme market fluctuations without allowing customers to suffer from high losses. It sounds a bit too good to be true.
USI Tech offers a lucrative affiliate program which offers up to 35% unilevel bonus to 12 levels. Recruiting friends, family, and other users will be one of the main requirements to successfully earn a profit through this company. The firm use a 3×12 MLM matrix to accomplish this goal, and there are 797,160 positions in this matrix. For any new member who joins, 25% of the investment is paid to the recruiter. The rest of the funds are split into twelve payments paid out through the 3×12 matrix.
Although the company claims anybody can join by investing €50, the “ultimate” package costs around €600. That is quite a steep investment for a program from which most people will not see a decent return. This does not make USI Tech a scam per se, but it certainly highlights the fact that people need to do a lot of research before putting their money into this particular company. The use of the Bitcoin name is clever, but it seems there is very little correlation to cryptocurrency other than for the automated trading aspect.
Perhaps the biggest concern here is that USI Tech has no effective retail products or services. Instead, it relies on proprietary automated trading which cannot be audited by paying members, and on an affiliate program in the form of an MLM matrix. Auto-trading never performs as people expect it to, though, which poses a significant risk to anyone investing in this company. USI Tech is not a scam by the look of things, but your return may certainly vary while using this program.