ATMxNet is an investment website that claims to help you double the money that you have invested. In this review, we would discuss if this program is legit or if it is just another scam.
Investing has always been a great means to increase your earning potential and create a secondary stream of passive income. However, with all these benefits, there are risks also attached.
Risk of losing your money, risk of loss. But there is one such service that promises to give you “guaranteed profit” for your investments – ATMxNet. So let’s study and understand what this website is all about.
Website URL – https://www.atmxnet.com/
Table of Contents
What Is ATMxNet?
Put simply, ATMxNet is a digital investment company focussing on offering a daily return on investment for their user’s investments.
Headquartered in the United Kingdom, the website has made it extremely simple for anyone to invest their money, and earn a return on the investments made.
AS far as earnings are concerned, there are broadly two ways to earn money from this website. Firstly, users can earn money in the form of returns on their investments.
The website is so confident about the returns, that they have labeled it as “guaranteed profits”. Secondly, the users can also earn through the extensive affiliate network that the company follows.
They have a three levels deep affiliate network, allowing users to earn some extra bucks.
How Does It Work?
To get started as an investor on the website, you are first required to sign up on the website. This is a free and simple step. After this, you can start investing the money to earn a return on your investments.
The minimum amount that is required to be invested is just $10. Apart from this, one thing to keep in mind is the fact that the website only uses Bitcoin and Perfect Money.
Users can also earn by referring others to the website. The referral system has been broken down into three tiers, explained as under –
- Level 1 Commission: 5%
- Level 2 Commission: 3%
- Level 3 Commission: 2%
These earnings can then be withdrawn using either Bitcoin or Perfect Money. It may take up to 12 hours for the funds to reflect in your account.
Basically, the website employs the MLM system where you earn from your referrals and the referrals of your referral. This forms a tree-like structure where you have so many people under you and depending on your connection with the referral you get a commission.
The Compensation Plan
ATMxNet is very confident in the returns that they promise. They have divided the investments into different tiers, and the returns vary accordingly. These are the tiers –
Basic Plan
1. Basic Plan – Invest $10 to $500 and earn a 2.2% daily ROI for 70 days.
2. Basic Plan – Invest $501 to $1,000 and earn a 2.3% daily ROI for 70 days.
3. Basic Plan – Invest $1,001 to $3,000 and earn a 2.5% daily ROI for 70 days.
Standard Plan
1. Standard Plan – Invest $500 to $1,000 and earn a 3% daily ROI for 70 days.
2. Standard Plan – Invest $1,001 to $2,000 and earn a 3.3% daily ROI for 70 days.
3. Standard Plan – Invest $2,001 to $5,000 and earn a 3.4% daily ROI for 70 days.
Premium Plan
1. Premium Plan – Invest $1,001 to $2,000 and earn a 150% daily ROI for 30 days.
2. Premium Plan – Invest $2,001 to $3,000 and earn a 160% daily ROI for 30 days.
3. Premium Plan – Invest $3,001 to $9,000 and earn a 175% daily ROI for 30 days.
So basically your investment would affect your affiliate income. The more you invest, the more you will earn when you refer to people.
This is just a trick such companies use to make you invest a lot of money in the program. In reality, you may not get a lot of referrals because not many people trust MLMs and in the end, the company never returns back your money.
So instead of making any profits, you lost the money that you had invested in this website. Rarely people get their money from such scammy websites. Mostly you never get it back.
Pros
1. Registering on the website is completely free and requires no investment.
2. You can start investing from only $10 onwards.
3. The investment plans have been well explained and claim to offer a very high ROI.
Cons
1. The affiliate commission is on the lower side.
2. Only Bitcoin and Perfect Money are available for transaction purposes. A lot of users may not be familiar with either of the two platforms.
3. Even though the say “guaranteed profits” everywhere, in their disclaimer they mention that there is risk involved, and the profits are not guaranteed in any manner.
Would I recommend this website?
No. The website is very similar to most of the MLM Ponzi scams where the amount of money you earn from your referrals depends on your investment.
If you are an affiliate, you should be able to join an affiliate program for free and you should earn the same commission regardless of your investment.
The whole MLM scheme that they have going on is really dodgy and I would never recommend this website to anyone. I mean they never teach how you would be able to sell this program or any other Internet marketing techniques.
This website has shown enough red flags and there is a high chance that they would shut down any day and take away all the money that you invested instead of doubling your investment.
Such websites are pretty famous for it and you might want to stay away from such scammy websites. The only way you might make money is by promoting it to others but even then all you are doing is promoting the Membership.
The website does not have any real products to offer so you would be selling the membership to others saying they can make money by selling the membership of the program to someone else.
This whole concept is shady. Moreover, people, these days are aware and they read reviews like this one before joining any program and with all the honest opinions about this program out there, I do not think you would be able to sell this to a lot of people.
Conclusion
ATMxNet is not a program that would help you make any money online. Instead this program is a waste of time and energy. If you are planning to invest your money in this program then I would suggest that you save your money and do not risk losing it at this place.
These websites are known for shutting down one day and never returning the money to their customers. So beware of this website as it is not the way to get started with making money online.
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