In the world of cryptocurrency investment, it is essential to distinguish between legitimate opportunities and potential scams. Tronado.io is an online platform that claims to offer attractive returns on investments in cryptocurrencies.
However, upon closer inspection, several red flags raise concerns about the legitimacy of this platform. In this Tronado.io review, we will delve into the workings of Tronado.io and explore the warning signs that potential investors should be aware of.
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What is Tronado.io?
Tronado.io presents itself as an investment website, promising lucrative daily returns for investors based on their initial TRX investments.
It claims to offer various investment plans with returns ranging from 0.75% to 1.5% daily. Tronado.io provides incorporation details for Crypque LTD.
Beyond its investment plans, Tronado.io employs a multi-level marketing (MLM) compensation plan. Affiliates are encouraged to recruit new investors and build downlines.
There are ten affiliate ranks within the compensation plan, each requiring a specific amount of downline investment to qualify.
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|Site type||Investment Platform|
|Domain registration date||July 28, 2020|
|Address||20, Guild Road, London, England. SE7 8HN. Registration No. – 14057681|
|Contact Number||+44 – 7360531106|
Tronado.io use of the MLM model to recruit new investors and its lack of retailable products raise concerns about its operations. Here are some red flags of Tronado.io which raise concerns about its legitimacy.
- The owner of Tronado.io has concealed their identity using a WHOIS privacy service.
- The website has garnered negative reviews and has been flagged as a possible scam.
- Tronado.io offers no real products or services, solely relying on affiliate investments for its operations.
- Tronado.io domain is registered recently.
- Tronado.io offers high-risk cryptocurrency services.
- Tronado.io operates as a classic Ponzi scheme, where new investments are used to pay returns to existing investors.
Based on the evidence and red flags, Tronado.io appears to be a fraudulent investment scheme rather than a legitimate cryptocurrency platform.
Potential investors are advised to steer clear of Tronado.io and any similar platforms that exhibit such warning signs. It is essential to conduct thorough research and seek advice from trusted financial advisors before investing in any cryptocurrency venture.
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What is the domain registration date of Tronado.io?
Tronado.io was registered on July 28, 2020.
What type of products or services does Tronado.io offer?
Tronado.io does not offer any products or services; it solely operates as an investment website in cryptocurrencies.
What are the affiliate ranks within Tronado’s compensation plan?
Tronado.io has ten affiliate ranks, ranging from Star to Emperor, with specific qualification criteria based on downline investments
What are the advertised returns on Tronado.io?
Tronado.io affiliates are promised returns based on their investment, ranging from 0.75% to 1.5% daily.
Is Tronado.io legit?
No, Tronado.io is considered to be a Ponzi scheme.
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