Alcor Trade is a crypto company that claims to have many different income opportunities for users. The website of the company, Alcor.Trade states that you can fully trust the company with a large amount of investment to get greater returns. However, there are many suspicious aspects of this company as well.
Alcor Trade is a reboot of a failed company called Antares Trade. The company was reformed soon after the collapse of the previous platform. Therefore, it is important to review this company in detail so that you are able to make a smart investment decision.Â
Overview of Alcor Trade
Alcor Trade is a crypto platform that claims to have an advanced and reliable system to provide huge profits to users. In reality, Alcor.Trade is like any other crypto Ponzi scheme that is making some very tall claims to attract people and get their investment.Â
Antares Trade was rebooted as Alcor Trade after its collapse. There was no specific reason behind the collapse of the Antares Trade. However, it is possible that the company shut down due to a lack of funds and criticism from the people for being a traditional Ponzi scheme.Â
The company is also not clear about its country of origin. Alcor.Trade still refers to the company as Antares Trade in some places. It clearly shows that the company is hiding important information from the users, so you should not be trusting this platform.Â
Registration Fee of Alcor Trade
Alcor.Trade is providing several packages that cost between $100 to $100,000. It shows that the company wants to attract people with different budgets. Once you invest in the company, you will be getting the company’s own crypto token called AND.
The exact breakdown of the investment packages of Alcor Trade is:
- Invest $100 to get 100 AND
- Invest $250 to get 250 AND
- Spend $500 to get 500 AND
- Invest $2500 to get 2500 AND
- Invest $5000 to get 5000 AND
These are some of the many packages of Alcor Trade. The website encourages users to invest as much money as they can to get access to maximum income opportunities.
Income Structure of Alcor Trade
Alcor Trade is asking you to invest in the Antares Dollar (AND) tokens. The company is promising daily returns of up to 2% to every user. Keep in mind that AND has not been listed on any major crypto exchange. The company is only trading it internally at $1.
Referral commissions are a major part of Alcor Trade, like in any other MLM company. You can earn referral commissions as per the following structure:
- Invest $100 to get a 3% referral commission on level 1
- Invest $250 to get a 3.5% referral commission on level 1
- Spend $500 to get a 4% referral commission on level 1
- Invest $1000 to get a 4.5% referral commission on level 1
- Invest $2500 to get a 5% referral commission on level 1 and 1% on level 2
It is clear that the company is expecting you to invest a large amount of money to get any significant profits. You cannot trust Alcor Trade with a significant investment. Therefore, it is much better to avoid investing in it. Instead, you should consider using crypto trading bots to make profits via reliable and efficient crypto trading strategies.Â
Features of Alcor
It is important to review the different features and claims of Alcor Trade in detail so that we are able to decide that whether we can trust the company to invest in the company. Alcor.Trade makes a lot of tall claims. Let’s look at them one by one:
Investment Opportunities
Alcor.Trade encourages users to invest in the company because it provides various digital products and investment opportunities through which you can generate a lot of profits. Furthermore, the company is claiming that it can provide complete financial freedom to users.
However, the business model of the company contradicts such claims. It does not seem to have any significant income opportunities. Instead, it relies on the investment from the users for its own survival.
Innovative Business Model
Alcor.Trade states that it is using an innovative network distribution model to provide profits to the users. However, this is just a sophisticated term for any MLM company. The income structure clearly shows that the company is promising profits for a certain amount of investment like any other MLM scheme.
Large Community
Alcor Trade is a reboot of Antares Trade. It simply means that the first company failed due to a lack of investment and interest from the users. Yet, the website is claiming that it is building a large community through its efficient system of referral system.
The website is encouraging users to have trust in this community and get access to an unlimited source of income by investing in the company. However, it is simply not true. The company is only claiming to have a large community to attract more people and get their investment.
Passive Income
The website is also claiming to have professional tools that can help you in generating significant passive income. However, the company does not provide any specific information about these tools. It points to the fact that the company actually does not have access to such tools.
Instead, the company is only relying on investment from the users. It is lying about having a modern business model and trading tools so that more people will trust it and invest in it.
Trust and Reliability
The company is trying to convince people that the company is a highly trustable and reliable platform so you can invest in it without any worries. Moreover, the website states that the company has access to efficient security tools and technology to provide maximum security.
It is important for you to keep in mind that Alcor Trade is a reboot of a failed scheme. It simply means that it is a highly suspicious platform. You cannot trust the company to provide reliable income opportunities.
Unique Referral System of Alcor Trade
The business model of the company makes it clear that it is similar to any other crypto MLM scheme. Yet, the website is claiming to have a modern integrated referral system that can provide huge profits to you. However, this is not true because you will be getting very limited income opportunities with Alcor Trade.
Conclusion
Alcor Trade is like any other crypto Ponzi scheme. The only goal of the company is to get as much investment as possible before its imminent collapse. There is no doubt that the company will eventually collapse just like Antares Trade did due to lack of investment.
Furthermore, you should also consider the fact that the company is using an internal crypto token called AND that does not have any value in the crypto market. Hence, even if you get some small profits in AND, you will not be able to convert them into fiat currency or other crypto coins.
The company is encouraging users to invest a large amount of money to earn any significant profits. It points to the fact that the company is desperate for funds because it does not have any external source of income. Ultimately, the company will collapse, and you will end up losing your investment.Â
The bottom line is that Alcor Trade is a crypto scam that can collapse at any time. You should never invest in a highly suspicious platform like Alcor.Trade. Instead, you should consider using reliable and trustable crypto trading bots that allow you to earn huge profits via crypto trading in a legitimate and effective manner.Â
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