TRONex Account Review – How To Withdraw Money From THRONex: TRONex is an MLM company that you can join as an affiliate member to promote the opportunity to make money and build a downline team. You can also earn from the promised ROI that the company provides when you invest in TRON coin. The niche that I would say TRONex is in would be the cryptocurrency (TRON) MLM biz opp niche in general.
After looking around the TRONex company website, I could not find any information about who runs or manages the company. One of the things that I like to see in any money-making opportunity is who the owner is on the company website. This shows transparency and also gives us the ability to learn about the history and the experience that the owner has.
This will let you know if this is the type of person that you would want to join and support based on their experience and history. Unfortunately, since we don’t know who the owner is, we can’t evaluate the integrity of the owner which is gambling with your money in my experience. I decided to take a closer look and see if I can find any additional information when doing a domain name whois lookup but here is what I found:
1. The domain name “tronex.net” was registered on 7-11-2020
2. The domain name has a private registration
Since the domain name was private, I couldn’t find any additional information about the owner in the domain name registration details. There was also more suspicious information that I found like the company address being fake and other things.
In this section of my TRONex review, I am going to cover the information about the products that they offer. After looking around the company website, there were no retail products or services that I could find that the company offers. It looks like the only thing that you can get with the program when you join as an investing member is the opportunity to earn from the compensation plan and the promised ROI that they provide.
How Does The TRONex Compensation Plan Work?
In this section of my review, I am going to cover how the TRONex compensation plan works and how you can make money with the program. There are 2 ways that you can make money with TRONex which are:
1. ROI Commissions
2. Referral Commissions
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If you want to join and earn from referral commissions only, then you can get started for free by simply creating an account with TRONex. If you want to earn from the promised ROI that TRONex offers, then you are going to have to invest at least 100 TRON (TRX) coins. This will give “up to” a promised return of 200% which is 1% every 24 hours and is paid hourly.
That is called the “Basic” interest rate where everyone gets started. There is also a “Personal” hold bonus that you get when you keep the ROI that you made with the company with TRONex and not take it out. This pays an “extra” 0.1% for the first 24, 0.2% for the next 48 hours, and then 0.3% after 72 hours and then keeps going for an undetermined amount of time.
Additional ROI Bonuses
There is also a “Contract Total” amount bonus that the company offers which pays you an additional 0.1% for every 1 million TRON that you have in the TRONex platform. I am guessing this also is added to the previous percentages that I described before where you earn the ROI every 24 hours.
This is the part of the compensation plan that deals with the MLM commissions that you can earn as a free or paid member for recruiting people and building a downline team. These commissions will be in addition to the promised ROI that you earn with TRONex if you decide to invest. The company pays and tracks your referral commissions using the unilevel compensation plan structure. For those that are not familiar with how the unilevel works, here is a quick breakdown:
1. The first level will always have your personally recruited members on it.
2. The second level of your unilevel will have your level 1 team members personally recruited members on it.
3. The third level of your unilevel comp plan will only have your level 2 team members personally recruited members on it.
The total amount of levels that TRONex pays with their unilevel compensation plan is 3 and all commissions will be paid in TRON.
1. The first level pays 5% of the investment made from members that are on this level. (personals)
2. The second level pays 2% of the investments made from people on this level
3. The third level pays 0.5% of the investments made from your team members that are on this level.
That is all there is to how the TRONex compensation plan and promised ROI commissions work. I would also recommend checking out the company compensation plan PDF or details about the comp plan on the company website for the most up-to-date information just in case things change.
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Is TRONex BBB Accredited?
After looking around the BBB website and doing some searching around, I could not find a listing or accreditation for the TRONex company. This does not mean that TRONex is a scam, it just means that the company is not listed or accredited with the BBB. There are a ton of companies that are not listed and even listings with no accreditation that are 100% accredited so a good or bad listing with the BBB doesn’t mean too much.
What’s The Cost To Join TRONex?
If you just want to recruit people and build a downline team WITHOUT wanting to earn from the promised daily ROI that the company offers, then the cost is free. All you have to do is create your membership account and start promoting TRONex through your affiliate link that they give you. If you want to ALSO earn from the promised daily ROI that the company gives you, then you will have to invest at least 100 TRON
Is TRONex A Scam?
After taking a look at all of the information that I found on TRONex, I can’t say if it is a scam or legit. However, I can say that some issues would have me not wanting to join like:
1. Not having clear information about the owner or company
2. Retail products are not there and this can turn into a legal issue with the MLM laws in a few countries.
3. The promised ROI can be an issue in a few countries as well because they would need government approval.
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Would I Recommend Joining TRONex?
You have all of the information that you need to make an educated decision on whether or not you think TRONex is right for you or not. I would not join due to the issues that I found with the business model that TRONex offers.