Skypex promises lucrative income through affiliate and trading programs, tempting investors with high commissions and bonuses.
But is Skypex a legitimate opportunity or a potential scam? Let’s investigate.
Overview of Skypex.io
Skypex is an MLM platform that combines affiliate marketing with trading opportunities.
It offers commissions on new member recruitment, bonuses based on team performance, and promises of profits from trading pools.
However, the platform lacks transparency regarding its trading activities and the source of its profits.
Here’re My Finding on Skypex Platform
Lack of Transparency: No clear information about company ownership or operations. Uses a shell company in Panama, raising concerns about legitimacy.
Unregistered Securities: Offers investment opportunities (annual memberships) without proper registration with financial authorities.
Focus on Recruitment: Relies heavily on an MLM structure with a primary focus on recruiting new members rather than actual retail sales.
Cryptocurrency Involvement: Uses cryptocurrencies like USDT, which are less regulated, making it easier to hide financial activities and potentially exploit investors.
Opaque Trading Model: Fails to provide clear information about its trading activities and how profits are generated.
Suspicious Profit Claims: Promises high returns through affiliate commissions and trading pools, but the actual mechanisms for generating these profits remain unclear and potentially unrealistic.
What To Do To Avoid Any Crypto Scam
If you suspect a scam on Nexudex.com or any platform, act fast. Stop all transactions, and avoid sending more money or sharing personal details.
Contact your bank or payment provider to report the issue and see if recent transactions can be reversed.
Document everything—screenshots, transaction details, and messages—for any legal action or reports.
Finally, share your experience on forums and review sites like Trustpilot and Reddit to help warn others. Taking these steps can protect you and others from future scams.
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