Website – https://torque.asia/
Torque Trading Systems is a typical trading investment kind of website where you are expected to invest money so that you can get higher returns. In this review, we would discuss if this investment plan is worth the time.
Everyone, these days, is on the lookout to create a secondary, passive source of income. In this quest, people tend to invest their money with a motive to earn some quick return.
However, only a few investments have the capability to offer a high ROI in the short run. Cryptocurrency is one such asset that has the potential to offer high and quick returns on investments. Torque Trading Systems leverages on this opportunity.
But usually, when a website is too good to be true, that is when you need to get your guards up and see if it is worth it to invest your time in it.
What Is Torque Trading Systems?
Put simply, Torque Trading Systems is a digital platform that provides the users with an opportunity to earn some quick money by investing their money in cryptocurrencies.
The company claims to have more than 60 financial experts working on the website and the investments. Based in Vietnam, the platform also offers its own app.
The concept behind the website is simple. Users sign up and invest a certain amount of money, in the form of cryptocurrency, on the website. The website then uses this huge sum of money, to invest and earn a handsome return.
How Does It Work?
To get started, users need to register on the platform. They can do this on the website itself, or by downloading the platform’s native application. Registering on the platform is extremely simple and completely free.
After this, users will be required to prove their identity, with two identification documents, and also a residence proof. Once verified, users can start investing.
They can only invest by transferring money to various cryptocurrencies wallet addresses mentioned on the website. These wallet addresses change on a regular basis for security reasons.
As soon as the payments have been made, within 24 hours, the amount is invested with a motive of earning the maximum return, This return can be redeemed as and when wanted by the investor.
Apart from this, the platform also provides an opportunity to the users to earn through its affiliate network. The follow a multi-level affiliate commission system, allowing the users to stack up some cash quickly.
The Affiliate Network
Torque Trading Systems follow a multi-level tier referral system. This simply means that a user earns different commission amounts on different affiliate tiers. The tiers have been described under –
- A user introduces one affiliate and earns a 33% referral commission.
- A user introduces two affiliates and earns 33% on level 1 and 16% on level 2 affiliates.
- A user introduces three affiliates and earns 33% on level 1 and 16% on levels 2 and 3 affiliates.
- A user introduces four affiliates and earns 33% on level 1, 16% on levels 2 and 3 and 10% on level 4 affiliates.
- A user introduces five affiliates and earns 33% on level 1, 16% on levels 2 and 3 and 10% on levels 4 and 5 affiliates.
- A user introduces six affiliates and earns 33% on level 1, 16% on levels 2 and 3, 10% on levels 4 and 5 and 6% on level 6 affiliates.
- A user introduces seven affiliates and earns 33% on level 1, 16% on levels 2 and 3, 10% on levels 4 and 5 and 6% on levels 6 and 7 affiliates.
Pros
1. The website has no lock-in period. Users can withdraw as and when they wish to.
2. They offer a very robust, seven-level deep affiliate system.
3. The website has its own app, making it very easy to invest in the go.
Cons
1. The website is not at all transparent. The platform hardly shares any information regarding the investments.
2. The transactions take place only via cryptocurrencies. This may create a barrier to entry for some of the potential users.
Would I recommend this website?
No. Every transaction is happening in cryptocurrency and such websites when they take money from you they convert them into cryptocurrencies and once the money is gone it’s gone.
There are so many people who have invested in such websites and sadly they have never gotten their money back. So, I would recommend that you stay away from this website as well.
It is a typical MLM website where you are expected to promote the membership to others so that you can make money from this website.
The MLM programs are very messed up as they only focus on you selling the membership to others with a promise that they too can make money from the website given that sell it others.
The only person making money here is the owner and if you do not want to get into the viscous cycle of this then it is best to stay away. People are more aware now and no one is willing to invest in MLM websites because everyone knows that they are a waste of time and energy.
You are PAYING money to the website so that you can earn money which is so bizarre. Usually, legit websites never ask you to pay anything if you want to be their affiliate. You can be an affiliate for free without any issues.
Overall, everything about this website is wrong and the fact that they want to suck you into their MLM program is a major reason that you should try and stay away from this program.
Conclusion
The Torque trading systems are best avoided as I can assure you that you are not going to make any money from it. Instead, you are going to lose your hard-earned money that you decide to invest in this program.
MLMs are never the right way to make money online. They offer nothing but membership and they are very expensive and overpriced.
The entire idea behind MLM is fooling others so that they would buy something from you and you make huge commissions off them.
If you want to promote something that is useful to others then that is not a bad thing but promoting something useless just so that you make money is unethical in many ways.
If you want to make money online then there are so many other ways to do so.
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