Wondering if this is a scam or a legit crypto trading platform?
Well, that is why I have put together this Crypto 300 Club review, as I know you have many questions due to the fact that someone you probably barely know, told you that this site was paying.
Whether you care if this is a scam or not, I still want to show you how everything works so that you know exactly what you’re getting yourself into.
But before I get any further into this review, I want you to know that I am not affiliated with this site but I have definitely been involved with this type of stuff in the past.
So before you join thinking that you are going to make money from some kind of Crypto trading platform, let me give you the ins and outs of yet another money making opportunity.
For those of you who are flat out tired of scams and iffy programs, you can always check out my top recommended program as I’m sure you have better things to do with your time.
Besides that, let’s get on with this review.
So What Exactly is Crypto 300 Club?
According to their simple landing page website, you don’t get much information about what everything is about but they do mention that there is some trading and that you can make 1% daily revenue.
Being that I know a little more than the average bear, I immediately knew that this was nothing more than a revenue sharing program that is using the hype of digital currency to lure you in.Back in
We refer to these types of sites as a “rev share” but in reality, that is not really what they are.
How it Works
In as little as a year ago, revenue sharing was promoted through websites that use “advertising” as its product.
The idea that you were buying “ad packs” was enough for them to continue operations up until the FTC finally got involved.
From what was an Ponzi scheme, hidden in the form of advertising has now tapped into the crypto currency world but this time in the form of trading.
Following me so far?
So just like those ad packs that once were, you will be buying packs that will be then used to trade on your behalf.
If that didn’t sound a bit out of this world to you, then you most definitely are gullible and desperate.
I say that only because if they were doing so good at trading, why in the world would they need your money?
I know why.
Because there is no trading going on.
What’s Really Happening
When you purchase a pack, you are simply putting your money into a pool that will then be distributed through a software that pays each member accordingly.
Put in $10, and you will get 1% back every single day, just like they said.
However, the only way for you to earn any type of return, is if new members are constantly coming into the program.
Yup, the money that you will earn is going to come from the newer members that join the site.
In the real world, they call this type of stuff a Ponzi scheme.
If you don’t believe me, you can always see what happened to Traffic Monsoon, which was probably the biggest revenue sharing/HYIP program of all time.
The only difference is TM was operating out of the US, while the rest were being ran by people in other countries that don’t regulate this kind of business.
But Can You Make Money?
I have made money with these types of sites in the past and I actually stopped right when they started using digital currency with sites like USI-Tech and Bitconnect, which of course are both no longer around.
As long as new members are coming into the program, you can expect to earn that 1% on a daily basis.
What’s crazy, is the fact that people will actually join.
I have and there’s no easier way to get people in than with a nice little incentive.
For every new person that you bring in, you can expect 10% of what they decide to deposit.
So if they put in $100, you can bet that you will get $10 from that.
And yes, you will get paid.
This also leads me into my next topic of discussion, as these sites can be very confusing.
Understanding Rev Shares
In the world of revenue sharing, the owners of these sites actually try their hardest to satisfy everyone so that they can continue to make money.
This is also where most people get confused and I would like to explain the whole scam/Ponzi scheme side of things.
For me, I wouldn’t call these sites a scam and that is because I know the owners are not just trying to take your money after you make that deposit.
However, the way money is made, is where the problem lies.
If you are from the United States, you can bet that these kind of programs fall under the Ponzi Scheme sides of things.
If not, you can always leave your questions in the comments section below.
The Price/Compensation Plan
To get started with Crypto 300 Club, you are required to make a deposit of at least $10.
The difference with this and other revshares is that they don’t have a maximum deposit, which is actually really scary.
That’s pretty crazy and something that people have actually done.
I also forgot to mention that you can also get paid through 3 levels.
So if you bring in someone and they brought in someone who brought in someone else, then you will get paid from all of those levels.
- Level 1 – 10%
- Level 2 – 5%
- Level 3 – 3%
More ways to make money means more reasons for everyone to help each other out.
It is a really simple model but can be confusing if you are completely new to all this.
So is Crypto 300 Club a Scam?
Like I mentioned earlier, the owners of these sites have no intention of taking your money but that does not mean that this is legit.
The overall business model with this and every other revenue sharing program out there is all the same and yes, they are nothing but Ponzi schemes..
You can make money here but I personally don’t recommend it as there have been too many people involved with this type of stuff that have been punished.
Unless you feel like rolling the dice, I do not recommend Crypto 300 Club.
At the end of the day, someone is always going to lose, regardless of what they try to do to keep the program alive.
It’s only a matter of time before they stop paying, leaving you to look for the next best thing.
I have had my share of revenue sharing sites and although I did make money, it is not worth it.
With the fact that it takes at least 1 whole month before you start seeing any profit is a real gamble that I don’t recommend.
If you want to make real money online, it is going to require some hard work, determination, and most especially the right program.
Other than that, I hope I have given you more than enough information about this site.
If you have any questions, feel free to leave them in the comments section below and I will get back to you as soon as I can.
Thanks for reading and good luck!