November 16, 2020 by Brian Priest Welcome to my iCoinPro Scam or Legit Review (2020). 🙂
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He everyone and welcome to my iCoinPro Review, is it a scam?
Or, is it a legit cryptocurrency MLM
With an great training platform as well?
You’ve came with the interest of finding all that you can about iCoinPro, and see if it’s Legit
Most likely because someone approached you about their investment or business opportunity.
Well the good news is that we are gonna go through the company, the products, and the compensation plan.
As well as give you the proper inform you need to make the right and informed decision.
iCoinPro Review – What is iCoinPro?
iCoinPro is a cryptocurrency MLM trading and all things cryptocurrency training platform.
What is cryptocurrency? the short answer to that question is, it is digital money. To learn more on this subject, Check out my What is Cryptocurrency for Beginners blog post to get a better understanding of just what they are, where they come from, and what to do with them.
So let’s get right into this iCoinPro Review
iCoinPro Review – (The Company)
The company was founder and CEO is Paul De Sousa, and launched the company in 2017.
Paul lives in Johannesburg, South Africa.
And he has a very long history in Network Marketing.
And on top of that, the depth of knowledge, understanding, and experience that he has with BitCoin and Cryptocurrencies is unmatched.
Sousa has teamed up with Justin Clark, who is the Micro Profit System Trainer
And he is also the developer and designer of what now is the Micro Profit Training System.
Justin brings over 20 years of experience in Network Marketing, Digital Marketing, Business Development, and Campaign Management.
Justin developed the itch for studying and trading cryptocurrencies,
And after hours and hours of intense research, study, testing, and trading, he began putting the system together.
iCoinPro was launched in the late spring of 2017, and the company is based in Texas, United States.
However, they are a Green Company and their 20+ support team, including the company CEO, work from home.
The company joins thousands of other tech companies doing their part to reduce the ecological footprint that they on our planet.
In addition to that, their company mission statement really points their desire to truly help others.
And to leave a better future for those that follow as well;.
As a matter of fact let’s include it now: Our mission is to provide our customers and affiliates the highest quality products, tools, systems, resources, and everything they need to maximize their cryptocurrency results.
iCoin Review – (The Products)
Once you get your iCoinPro membership,
You will get access to a host of trainings that will expedite you learning and your profits. If you follow the training.
Here is a video from the company website, that is on YouTube also.
This list of trainings includes:
- Understanding Bitcoin and Cryptocurrencies
- Where and how to purchase Bitcoin and other cryptocurrencies
- Learn how to make money STARTING TODAY from Cryptocurrency Trading through our proprietary Micro Profit System!
- Access to our EXCLUSIVE TRADE FINDER AND TRADING TECHNOLOGIES
- Access to our EXCLUSIVE MEMBER’S ONLY FORUMS that give you the inside scoop on EVERYTHING going on AND complete support from our HUGE and THRIVING community of crypto entrepreneurs
- Bitcoin and cryptocurrency lending
- Understanding buy and sell signals
- And so much more!
The training appears to very thorough and in depth,
As well as being taught by one of the top leaders in the industry.
Now that we have that covered, let’s take a look at the compensation plan inside of this iCoinPro Scam or Legit Review.
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iCoinPro Review – (The Compensation Plan)
When we look at the iCoinPro Compensation Plan, we can see immediately that it is very exciting.
The first for that excitement is that you can get paid five(5) different ways.
I found a great video that breaks it all down in terms we can understand,
iCoinPro Affiliate Ranks
Ok, so there are six(6) affiliate ranks inside the iCoinPro Compensation Plan.
They are listed with their qualifications for advancement:
- unranked affiliate – must sign up as an iCoinPro affiliate and be commission qualified
- 1 Star affiliate – must sell at least three $39.95 monthly memberships to retail customers or personally recruited affiliates
- 2 Star affiliate – must maintain at least twenty $39.95 monthly memberships across your downline (includes personal sales, no more than eight counted from any one unilevel leg)
- 3 Star affiliate – must maintain at least one hundred $39.95 monthly memberships across your downline (includes personal sales, no more than forty counted from any one unilevel leg)
- Star Elite affiliate – must maintain at least five hundred $39.95 monthly memberships across your downline (includes personal sales, no more than two hundred counted from any one unilevel leg)
- Star Presidential affiliate – must maintain at least five thousand $39.95 monthly memberships across your downline (includes personal sales, no more than two thousand counted from any one unilevel leg
When iCoinPro affiliates and retail customers sign up, they are put in a straight-line queue.
The queue is filled position by position, based on the order of retail customer and affiliate sign ups.
An iCoinPro affiliate is able to earn on up to five Powerline positions below them.
A 3% commission paid out of the monthly $39.95 membership fee paid by affiliates and/or retail customers in these five positions.
Fast Start Bonus
iCoinPro affiliates earn a Fast Start Bonus when retail customers and affiliate sign up for the $39.95 monthly membership.
The Fast Start Bonus is paid out on up to five levels of recruitment (retail customers stop at level 1), based on iCoinPro affiliate rank as follows:
- unranked affiliates earn $10 on level 1 (personally recruited affiliates)
- 1 Star – $15 on level 1 and $5 on level 2
- 2 Star – $20 on level 1, $5 on level 2 and $3 on level 3
- 3 Star – $25 on level 1, $5 on level 2, $3 on level 3, $2 on level 4 and $1 on level 5
A Fast Start override commission is paid out to the first three 3 Star Elite and higher ranked upline affiliates as follows:
- first Star Elite upline affiliate earns $2 and the second and third earn $1
- three Star Presidential upline affiliates earn $1 each
iCoinPro pay residual commissions on a Binary Compensation Plan.
A Binary compensation plan puts an iCoinPro affiliate at the top of a matrix, with two positions directly under them:
Th0se two positions form the first level of the matrix.
The second level of the matrix is created by splitting the first two positions into an additional two positions each (4 positions).
Levels three to fourteen of the matrix are created the same way,
So each new level is holding twice as many positions as the level before it.
When Affiliates and customers purchase the monthly membership,
Positions in the matrix are added.
This follows the same structure used to pay Powerline commissions.
iCoinPro commissions are paid out as a percentage of membership fees paid each month in the following way:
- unranked affiliates and 1 Star affiliates – 2% on levels 1 to 4 and 2.5% on levels 5 to 10
- 2 Star affiliates – 2% on levels 1 to 4 and 2.5% on levels 5 to 12
- 3 Star affiliates – 2.5% on levels 1 to 14
iCoinPro pays a matching bonus on downline commissions through a unilevel compensation structure.
A unilevel compensation structure puts an affiliate at the top of a unilevel team,
And every personally recruited affiliate is placed directly under them in level 1:
At this point in the game, if any ofyour level 1 affiliates recruit new affiliates,
They are placed on level 2 of the original affiliate’s unilevel team.
And if any of your level 2 affiliates recruit new affiliates,
They are placed on level 3 and so on and so on through an infinite number of levels.
However, iCoinPro does cap the matching bonus at six levels.
How many levels an affiliate is paid the matching bonus on is determined by rank:
- unranked affiliates earn a 10% match on level 1 (personally recruited affiliates)
- 1 Star affiliates earn a 20% match on level 1
- 2 Star affiliates earn a 30% match on level 1 and 10% match on level 2
- 3 Star affiliates earn a 40% match on level 1, 10% match on levels 2 and 3 and 5% match on level 4
- Star Elite affiliates earn a 50% match on level 1, 10% match on levels 2 and 3, 5% match on level 4 and 3% match on level 5
- Star Presidential affiliates earn a 60% match on level 1, 10% match on levels 2 and 3, 5% match on level 4, 3% match on level 5 and 2% match on level 6
iCoinPro Review – (The Cost to Join)
To become a member and an affiliate, and join iCoinPro will only cost you $39.95.
However, that is also the monthly membership fee for the life of your membership.
But with the excellent training, you should be able to make that up fairly quick.
So with all that said, here is the part you have been waiting for. Here are…
My Final Thoughts in this iCoinPro Review?
So, does some kind of iCoinPro Scam exist?
Or, is it a legit education and trading platform.
Well let’s look at what the facts tell us.
The company has transparent and highly qualified leadership that has extensive knowledge to actually do what they claim to be able to do.
They operate in cryptocurrencies that are very well known.
And they have decades of success in Network Markets and cryptocurrencies already.
So, I would say it’s definitely not a scam.
As a matter of fact, I would say that iCoinPro is most likely a great place to start
If you are looking to get into investing in and trading cryptocurrencies.
I hope you have enjoyed my iCoinPro Review,
And if you have any questions or comments
Please feel free to leave then in the comments section below,
And I will get back with you as soon as possible.
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I hope you enjoyed my iCoinPro review, and again if you have ANY questions please feel free to ask in the comments below and I will get back to you as soon as I can.
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