Today, we’re going to discuss the top 10 Cryptocurrency MLM Companies…
Several years ago, many thought the idea of a digital money would be a passing fad with no stability. Now we see that cryptocurrency has become extremely popular both online and offline. In fact, it’s taking the world by storm. I personally believe it will be the most important invention in the world, since the creation of the internet.
Bitcoin is the king of the cryptocurrency empire, but many other digital currencies are making claims they are the Bitcoin Killer. Some of the other popular cryptocurrencies include Ripple, Ethereum and Litecoin.
Cryptocurrency became a ripe location for multilevel marketing companies. Some of these companies have there own digital currency while others use the network marketing business model to sell, buy and trade other cryptocurrencies.
Before we get too deep into this topic, I’d like to take a few minutes and give you a brief overview of cryptocurrency and Bitcoin, so you have a basic understanding of what it is and how it works.
What is Cryptocurrency?
After searching several different websites online, here is the best definition of cryptocurrency I could find.
A cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. Essentially, cryptocurrencies are limited entries in a database that no one can change unless specific conditions are fulfilled. Source: Cointelegraph
Remember the words “medium of exchange”. In other words, cryptocurrency is something people can trade with one another, just like gold, silver or money, to purchase or sell an item. The real beauty is that it can be a worldwide medium of exchange, so people on one side of the world can easily do business with any other person, in any other country.
What is Bitcoin?
The word “Bitcoin” is definitely becoming mainstream. A few years ago, very few people had heard of it. Now, most people know the name, even if they don’t know much else about it. Here is the best definition I found of Bitcoin online.
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. Source: Wikipedia
To keep things simple Bitcoin is not owned by a government or bank. It is a way to make payments anywhere in the world, with ease. Bitcoin was first released in 2009.
What excites me the most about Bitcoin is that only about 1% of the world right now owns it. As it becomes more and more mainstream, I personally believe the price will skyrocket. Of course, that is just my opinion, and no one knows where it will eventually end up.
Should You Join a MLM Cryptocurrency Company?
This is a million dollar question. Unfortunately, I cannot answer that question for you. Do your due diligence and trust your instincts. Always. That is my best advice. The MLM CryptocurrencyCompanies are still quite young and volatile, especially in the USA.
First and foremost, if you live in the United States or Canada, you must be really cautious about the Cryptocurrency MLM Company you work with. The government, specifically the FTC and SEC are very weary of cryptocurrency and cryptocurrency MLM Companies.
Many companies in this niche have received cease and desist orders, or have been shut down by the government. Any cryptocurrency MLM Company advertising or promoting itself as an investment stands a high risk of being shut down.
If you live anywhere else in the world, you should still be cautious, but you have a lot more flexibility. In either case, do your home work and make an informed decision. Never invest more than you are willing to lose. Crunch the numbers, research the company, check out the owners, and ask yourself if everything passes the common sense test.
Now that we have that covered, let’s discuss the top 10 Cryptocurrency MLM Companies. Starting from #10 and working to #1, these are…
December 2019 UPDATE: Chuck here. While I LOVE the MLM industry, and see myself doing it the rest of my life, cryptocurrency MLMs are one thing I would steer clear of. If you like buying and selling Bitcoin and other cryptocurrencies, I would do it on your own, rather than through a MLM Company.
The Top 10 Cryptocurrency MLM Companies
Keep in mind these companies are EXTREMELY volatile. Most of these companies will be out of business by the time you read this blog post. I simply provided a list to show you some of your options.
# 10: My Trader Coin
Quite popular in South America and making a splash here in the United States, My Trader Coin is a MLM designed on winning with Bitcoin and other popular cryptocurriencies.
The company is not quite clear about ownership of the company but when digging, we find the name Andre Feitosa pops up.
It seems Andre has been involved with other crypto MLM trading companies, and he decided to start a company with the idea of rewarding the reps better. Upon looking at the My Trader Coin compensation plan, I would have to agree that he has created a great plan for the home based business owners.
# 9: Latium
While some would say Latium does not work on a MLM business format, I would say it is close.
Latium works on the Ethereum crypto network. Those within Latium get paid in tokens for tasks they perform. They also earn tokens by referring others. These tokens can then be exchanged for Ethereum.
Latium is growing in popularity. Especially for semi-busy freelancers who have spare time and can complete tasks.
Latium shows huge transparency and I predict it to grow huge. See more at: Latium
It has a circulating supply of 16 Million coins and a max supply of 25 Million coins. The most active exchange that is trading Lithium is C-Patex.
Source: CoinGecko
# 8: Ormeous Global
A brand new MLM company, Ormeus Global launched in February of 2017.
On the home page of the Ormeus Global website, you may get the sense this company is a health and wellness MLM. They are actually all about trading in cryptocurrency.
The company offers extensive educational resources on cryptocurrency trading. One drawback is, Ormeus Global does not allow U.S. citizens the opportunity.
Ormeus Coin (ORMEUS) is a cryptocurrency token and operates on the Ethereum platform. Ormeus Coin has a current supply of 200,000,000 with 35,904,998 in circulation.
Source: CoinMarketCap
# 7: Digital Gold Share
This is another ultra-new cryptocurrency MLM company.
Set up on a 3 x 7 matrix compensation plan, Digital Gold Share is set up to trade in Bitcoin. You earn commissions as you sign up new recruits who get a Bitcoin wallet and purchase at least the basic package.
I list it here even though this is new and untested. This is because it seems people are “flocking” to this MLM in droves.
# 6: Starbit
I simply love the unique concept of trading in cryptocurrencies that Starbit is using. Based in Dubai, Starbit offers educational materials to help normal people understand how to win in blockchain technology.
They also have Walkybit… This cool device measures how far you walk and rewards you with altcoins that you can convert to cryptocurrency.
So, the more you walk, the more you earn.
The company mission: Be the first global club bringing knowledge about extraordinary and unique digital services with the use of Artificial Intelligence and some of the most exclusive services in the world.
Source: Business For Home
# 5: MasterCoin Plus
This is another new cryptocurrency MLM that uses the Bitcoin investments members make and trade on various markets. You are assured a Return on Investment after 120 days. You also earn from downline members who invest. The company is based in Florida and the CEO is one Thomas Armour.
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# 4: BitClub Network
This is a very popular Bitcoin MLM over in Europe and Asia. It also has many critics. But they do actually mine bitcoin.
The thing I don’t feel good about is their lack of transparency. You cannot find out who the leadership is or even where they are located.
The reason this MLM gets #4 is the amount of people who belong to BitClub Network. By the way, United States citizens are not welcome.
# 3: Trade Coin Club
There is a lot of controversial talk online about this company, but the amount of members is huge. The way Trade Coin Club works is the person invests so much of their bitcoin into buying the trading software and then trade cryptocurrency using the software.
You also earn from recruiting others into the Club. Many of the naysayers claim that this is a Ponzi scheme.
Founded by international entrepreneur Joff Paradise, Trade Coin Club (TCC) allows individuals to tap into the emerging Bitcoin cryptocurrency trading space as a means to generate streams of income that lead to financial solvency and increased income through its proprietary software, educational products, and marketing support.
Source: Yahoo! finance
# 2: Mindset24Global
Mindset24Global is a mastermind of Kevin Harrington (Shark Tank) and several other key entrepreneurs and investors, such as Brian McClain and Jay Sargeant. This is an online training program. Their mantra is LEARN, SHARE, EARN.
The registration for the new members is free, post which they will be required to buy a registration package from what they offer. According to the CEO Kevin Harrington, they work by the mantra “ Learn,Share, Earn”.
Source: infinite mlm software
# 1: iCoin Pro
iCoin Pro is a favorite MLM Cryptocurrency Company for many people. While there isn’t actual trading or crypto purchasing, the product they offer is an educational platform. The training teaches people the details and strategies for winning at investing in cryptocurrency. This is one of the most transparent companies in this whole list. Paul De Sousa is the founder and CEO of iCoin Pro. For USA residents, I believe this opportunity is hands down your best bet, if you want a Cryptocurrency MLM Opportunity.
Our mission is to provide our customers and distributors the highest quality products, tools, systems, resources, and everything they need to maximize their cryptocurrency results!
Source: iCoinPro website
Alternatives to MLM Cryptocurrency Companies
My favorite strategy for Bitcoin is not MLM at all. Instead, it might be a good option to simply buy and hold. Or, you can invest in new ICOs (Initial Coin Offerings). Currently, there are over 1,300 different types of crypto-currency, in addition to Bitcoin.
As another option, you can sell your crypto-currency and buy other assets such as gold, real estate, stocks, mutual funds, etc. You could even take the time to learn how to mine cryptocurrencies. What you decide to do should be based off your risk level. There are tons of great options to choose from.
You could also consider day trading stocks, buying and selling FOREX, real estate investing, buying and selling coins, or a variety of other things.
Buy Some Bitcoin
If you’d like to buy your first Bitcoin, you can do so right here. When you buy $100 worth of Bitcoin, they give you and extra $10 worth for free. As a disclaimer, this is my affiliate account, and I would also get $10 in free Bitcoin if you joined through my link.
Suggested Bitcoin Training Courses
If you’re trying to learn more about Bitcoin, feel free to check out these courses and training products.
Final Thoughts
If you are considering getting involved in a cryptocurrency MLM Company, you may want to look closer at some of these I listed. What are your thoughts? Do you think that this list was accurate? Please leave all comments and questions below. Thanks.
References
Legal Disclaimer
I am not a CPA, Financial Planner or Lawyer. Cryptocurrencies are VERY HIGH RISK and are extremely volatile. You could make money or lose money. Individual results will vary. We make no guaranteed income claims of any type.
Chuck Holmes
20+ Year Network Marketing Professional
Top Earner & Top Recruiter
Email: mrchuckholmes@gmail.com
P.S. Learn how to grow a successful network marketing business. Secret tips, training, and practical ideas. Free training delivered by email.
Hi Iam very exited to get full package about Cryptocurrency block chain system
information is the life blood of any business undertaking
I am busy planing to launch my own Cypto- Coin
Thanks
This article broad my knowledge about cryptocurrencies and MLM. Bitcoin is making heavy wave in cryptocurrencies world, who can believe as far back a decade ago that Bitcoin would be a value entity? The future is cryptocurrencies!
I have invested in some crypto companies in the past, but to be honest I had to watch the company like a hawk, but I still had some losses. I don’t mind doing my research on these companies and am still investing because of the value of bitcoin.
I have my reservations about cryptocurrency MLM companies. They have always come off as a bit scammy.
Cryptocurrencies have proven to be a great kind of investment, so it is not so surprising to find that there areso many MLM companies that are involved in crypto trading activities. However, I just hope that these companies are not ponzi schemes and they are legit ones. Unfortunately, there are so many ponzi schemes out there such as HYIP programs that claim that they invest in crypto, but they don’t!
The key is to always do extensive research before devling into a field as new as crypto. Thank you for the detailed breakdown though.
Investing in crypto has its downsides, but the upsides and the return is so high that some people invests all their money in it. There is nothing wrong in investing, but we need to fully understand the things that goes around a certain product.
I am not very well versed with the whole crypto scene. I wouldn’t want to get involved in it until I fully understand what it entails.
I do appreciate you for taking the time to provide a list of these bitcoin companies because I have been looking for companies online to invest in with my bitcoin. I will pick out one from these listed here to Invest in.
For cryptocurrencies, it’s best to just do it on your own and not through an MLM. That’s what I have always believed.
Good to know about Bitcoin as the king of all cryptocurrency and other ALT coins. Thanks for sharing this educative post
What are your thoughts about crypto companies that use peer to peer smart contracts as a way to earn Ethereum or Bitcoin?
Not a fan of mixing crypto and MLM. I love both, but every crypto MLM I’ve looked at has ended up scamming people.
Digital coins are a bit of a high risk investment. On the flip side, the potential returns are unbelievably good!
Yes, cryptocurrency is very risky and volatile. Never invest more than you are willing to lose. With that being said, the opportunity is also great. It’s not for everyone, but if you do your due diligence you can find some tremendous opportunities.
I am still playing wait and watch with cryptocurrencies. I feel like their value fluctuates a bit too much for my liking.
Yes, cryptocurrency is very volatile. I actually like that about it, but it does scare a lot of people. Sometimes it feels more like gambling than investing, but you could make that same point about people who day trade in the stock market. I think holding crypto for the long haul, especially Bitcoin, is not all that risky.
In my view, cryptocurrency is as good an investment as gold. It will soon be able to hold it’s value better than the fiat currencies.
Yes, I’m not a fan of fiat currency. I buy gold, silver and crypto mostly. I love what they stand for. The “mainstream” world does neither. That’s okay though.
I like iCoin Pro because of the wealth of knowledge it provides. I view it more as an educational tool!!
Yes, lots of people have used iCoin Pro for an educational tool, rather than a business opportunity. If you actually take the time and go through all of the training, it offers a wealth of knowledge.
Wow, your write-up explains so clearly how cryptocurrency works. I have wanted to understand that for the longest time. Many thanks for this!
I’m glad you enjoyed this post. Crypto is probably the only “product or service” I am not a fan of doing via MLM. I love crypto and I love MLM, but I have yet to find a company dealing in it that I could honestly endorse (other than iCoin Pro).
I highly recommend MasterCoin Plus. I am very happy that you included it in your list 🙂
Awesome. How long have you been promoting the company? What have your results been like so far?
I used to be one of those people who were totally against cryptocurrency. However, as I continue to learn more about it I think crypto is here to stay.
It’s definitely here to stay. I have no idea how much it will grow or how popular it will get, but I don’t see digital currency going away any time soon. I’m even more excited about Blockchain technology.
These are some amazing recommendations right here. I will definitely be checking a few of them out.
Thanks. Which company on my list is the most appealing to you and why? Have you ever done a crypto MLM before? I spent some time in USI Tech, right before it shut down and took everyone’s money. I was excited about what it had to offer, but disappointed with how things ended.
I had no idea that there were cryptocurrency MLM Companies. Your article is quite the eye opener!
Yes, they are a bunch of companies entering the cryptocurrency space and trying to position themselves as MLM Companies. However, most of these companies are scams and are not truly a MLM Company.
I think cryptocurrency still has a lot of potential growth. It is never too late to invest in it.
I agree. By the time it gets mainstream and “most” people own some and are purchasing it, the fortunes will have already been made. Heck, many of the early adopters are millionaires and billionaires because they saw the potential before everyone else did.
It’s amazing how popular cryptocurrencies have become in recent times. Just a few years ago even the idea of cryptocurrency would be laughed at.
I had the opportunity to buy Bitcoin when it was trading around $100 per coin. I laughed at the idea. That is one of the biggest regrets in my life. I ended up buying in when it was $1,600. That decision was one of my good decisions.
I never even knew there were any cryptocurrency MLM companies. Thanks for sharing this.
There have been many. Most were scams and were shutdown or went out of business. I am very “cautious” about any MLM Cryptocurrency Company, especially if it is promoted as some type of investing club.
This blog is very informative. It discloses a fantastic marketing plan.
I’m glad you like my blog. Thanks for stopping by and reading my post about MLM Cryptocurrency Companies.
Cryptocurrency and MLM companies are not my ideal mix of companies I would easily lend my trust to. But with the advent of more and more wonderful articles like these explaining that yes, there are still legitimate cryptocurrency MLM companies, I think I’m going to take a leap of faith.
Just be cautious and do your homework. If you can’t find a good crypto MLM, consider doing day trading or buying and selling, via a trusted and established website.
As time passes, cryptocurrency popularity grows up and more people want to know how they work if it’s safe to invest, and what companies to trust. This article was very informative, thanks for sharing.
Once cryptocurrency truly becomes mainstream, the fortunes will have already been made by the early adopters. It’s like the stock market. Everyone wants to buy when it is growing like crazy, but the fortunes are made by the investors who buy when the stock market is doing really bad. Food for thought.
I have been trying to know more about digital money especially Bitcoin lately. I want to start investing in any of these good company.
There are tons of great videos on YouTube about Bitcoin and cryptocurrency. You could spend a weekend watching 20-30 good videos about cryptocurrency and know more than 99% of the population does. That is where I would start, and then go from there.
I personally only invest a small amount of money in a few cryptocurrencies. And from the start my goal was only a long term investment. I don’t have enough experience in trading yet, this is a really high risk investment. Thank you for information about the top 10 cryptocurrency MLM companies.
Yes, I buy and hold too, but I have several friends who do well day trading it. It all comes down to your risk tolerance, your expertise and how you want to spend your time. I personally prefer the buy and hold method.
Cryptocurrency is a new trend right now. We need to be vigilant with our investments. Not all investments are worth our time.
Yes, crypto is risky. So is regular investing. Never invest more than you are willing to lose. When it comes to investments, my best advice is to invest in something you understand. I’ve bought some Bitcoin and plan on holding onto it for at least 10 years. If it goes way up in value, great. If not, no worries. I just don’t want to miss the boat in case it does become the next big thing. I would just no longer recommend buying Bitcoin through some type of MLM deal.
I have been dabbing into Crypto these past few years but I admit I am yet to master the tools of the trade. That said this is very nice options. I may go for this later on but for now I need to train more. Crypto is unstable so the risk is there.
Yes, crypto is high risk just like the stock market and FOREX. Never invest more than you are willing to potentially lose.
I just heard the term about this MLM cryptocurrency, thanks for the information. Cryptocurrencies are familiar to me, especially Bitcoin, and for trading, I think Coinbase is the best in my opinion.
Yes, I use Coinbase myself to buy and sell Bitcoins. I’ve dabbled with some other platforms, but they are easily my favorite.
Cryptocurrency is becoming high in terms of global usage now. The MLM Cryptocurrency is something we should consider. Cryptocurrency became a ripe location for multilevel marketing companies. Some of these companies have there own digital currency while others use the network marketing business model to sell, buy and trade other cryptocurrencies. I am so glad to have come across this good and meaningful post.
Thanks for stopping by. Yes, cryptocurrency keeps growing in popularity, especially in these crazy times. It seems as if currency is slowing going away and the transition to digital currency has begun. Who knows what the next few years have in store? I have a feeling Bitcoin will continue to go up and the “alt coins” will continue to skyrocket, at least for another few years.
What would you recommend for someone looking to buy cryptocurrency for the first time?
I would tell you to (1) educate yourself first, by watching a few videos and talking with some experts. Next, I would tell you to determine your risk level. Are you okay with losing everything you invest, because it is volatile and possible. Finally, I would tell you to use a trusted platform, such as Coinbase to buy your first cryptocurrency.
I am from Jamaica where MLM companies are still emerging, yet alone cryptocurrencies. I do know about Bitcoins, a very popular thing. So, this article has taught me of the existence of MLM cryptocurrencies; otherwise, I would never have found out about them. Starbit’s Walkybit seems very interesting. Maybe, there could be a fusion of it and Pokemon Go. As you walk, you get altcoins and make cryptocurrency. You can kill two birds with one stone while being entertained.
Very interesting. Most of the Crypto MLM Companies were straight up scams, as I mentioned in the post. I do love crypto, but I simply buy, sell and trade through established platforms, not through the MLM format.
I would like to know about complete details of “FirstCoin” It is also called “FirstCoin Club” Symbol is FRST in Coinmarketcap. It is MLM Company. It is very famous in U.K, Canada, Turkey, Thailand, Dubai, Bahrian, Malaysia, Pakistan & India. Please, reply me.
From what I found online, it looks like this one fizzled out, although it was very popular at one time.
First Coin
Great post about cryptocurrency MLM companies also detailed information about alternatives to MLM cryptocurrency companies and cryptocurrency MLM software.
Regards
Thank you. We are glad it helps.
It is alright sir and myself is engaged with My Gulf Coin (MGC). Dubai based and started operation from India now got registered in Florida and Canada too is perhaps the best one company in MLM with crypto currency with a unique plan.
So please go for that too.
send me a plan below my mail.
From what I found online, it looks like this company is no longer in business.
Gulf Coin
Do you hear any london based company named Dexter group..
Please ensure me
I couldn’t find a Dexter Group coin, but I did find a website.
Cryptoslate
I don’t really know anything else about it.
Quite informative. Great job done. I am grateful.
Please check out credentials of Platincoin Swiss and German based company, it’s marketing plan. It’s getting popular worldwide and acclaimed to be no. 2 or 3 company in the world because of its Hybrid Block chain Technology.
Hope for better cooperation.
Regards
Thanks for educating me about this crypto company. I’ve never heard of it before.
I did some research online. I found the website. It looks like a coin, not a MLM Company or business opportunity.
Platincoin