USI Tech Review

There are a lot of speculations about USI Tech. When some people feel that it is the right company to invest, others find it a scam. If you have any doubt about this company such as what it is, what is the reason for such claims, and why you should invest in this company, then you are in the right place. The following USI Tech review will focus on all the relevant factors to help you to take the right decision with a well-informed mind.

I recently mentioned USI Tech in this post so wanted to do a follow up post to share more details on the company.

USI Tech review

In the review, you will get the details of the company, product, and the compensation plan. All these data will be given after a thorough research and it will be impartial as well. You can trust every word of this review.

What exactly it is?

If you have visited the company website, you might have realized that there is not much information about the owner of the company. In fact, you will not find any detail regarding the owner. Even if you visit the About Us page, there will not be any information about the company, owner, and leaders. You will find some formal information that does not include the authorities. After a proper research, it became clear that the people behind this company are Ralf Gold, Horst Jicha, and Joao Severino.

Is there any product?

No, you will not find any product offered by this company. USI Tech does not offer any service or product. But it offers many opportunities to earn from affiliate membership.

If you are interested in this company and want to make money from this business, then you will have to consider the affiliate membership. This is what the company offers to the buyers. In the initial days, the company was involved with the Forex Auto-trading. Though the company claimed that it offers a huge to earn, still it could not succeed to impress the buyers and did not live for a long time. Then it decided to enter the bitcoin industry.

How does it work?

You will have to be an affiliate member of this company to start with as mentioned earlier. You need to basically invest €50 EUR worth of bitcoin to receive 1% ROI on a daily basis for 140 days. That will add up to 140%. You will come to know the details of the earning possibilities from the compensation plan.

What is the compensation plan?

The compensation plan has remained same since the time of existence. According to the plan, when you sponsor someone, you will be placed in the 3×12 matrix compensation plan structure. This plan is meant to hold up to 797, 160 that will be filled by the affiliate members directly and indirectly. The commission will mostly depend on the investment made by your members.

The compensation plan is based on the uni-level structure and that will go up to twelve levels. It will help you to earn commission from the recruits. When you start investing, the commission will be ten percent from the direct recruits and you will get three percent commission from the people they recruit. It will come in the following three levels

• Ten percent for the Level 1.

• Three percent for Levels 2 to Level 8.

• One percent for Levels 9 to 12.

In the starting days, there was Broker Commissions bonus that does not exist anymore.

The twenty-five percent of the brokerage fee was charged to be paid to the recruiting affiliate. The rest seventy-five percent will be split into twelve payments and that will be paid through the 3×12 matrix.

For signing up this website, you will have to pay €600 EUR membership fee. It will be onetime payment. With this payment, he will be liable to access the Forex Trading Software. Besides, it will enable you to recruit other people to earn money from the matrix system. It is optional. If you want, you can choose this option to earn more.

Final verdict

It might be a good option if you are ready for an investment. You will be rewarded with a commission from every direct and indirect investment. The company does have any other income source than depending on the investment of the affiliate membership. When the number of the affiliates will be reduced, the company might struggle to survive. But it also offers the earning possibilities. If you will be able to recruit more members, then you will certainly be able to earn money. You need to act smart to recruit members.

Alternative…

Another alternative is to just invest direct in cryptocurrencies. You can use websites like GDAX and Coinbase to buy Bitcoin and other cryptocurrencies and this could be a better more stable way to earn.

How To Earn Bitcoins In 2017

There are several ways to earn bitcoins and make more money – here is a look at a few of them.

Earn free bitcoins by completing tasks on websites:

There are many free bitcoin sites like BitVisitor, Freedigitalmoney, Coinworker, Bitfortip offer free bitcoins just for visiting these sites, or watching videos or completing a certain task like answering questions.

Some sites will also reward you in bitcoins when you make purchases in bitcoin. We will elaborate on this towards the end of this section.

However this is like the first step in familiarising yourselves with Bitcoin in general. You shouldn’t be expecting that you are going to reap huge incomes out of these. This way of earning is more suitable when you have time to kill.

From interest payments:

If you already have bitcoins, you can lend them on an interest basis either directly to someone you know or by using peer-to-peer lending sites or you can invest them into opportunities like USI Tech and BitConnect.

To be honest BitConnect and USI Tech have been faced with fierce opposition and many review sites have outed USI Tech as a scam (see NoBsImReviews.com USI Tech article) citing it as a ponzi scheme. The simple fact is these websites claim that 1% guaranteed returns are impossible and that the real returns are being generated by new investors making deposits.

These claims are valid however some companies like BitConnect have stood the test of time for a while now suggesting that maybe they are legitimate. Only time will tell, however if you are prepared to put some money at risk the potential returns can be very impressive.

This is a good way to get a free bitcoin. Lending directly may not give you many leads, but with peer, to peer lending sites you can expand your options.

Make sure you always lend through sites you can trust. There are also Bitcoin Banking like models, where when you deposit your bitcoins, the site will pay you a fixed rate of interest. The only problem with this model is that if the bank does not do well, you take the hit, because in the bitcoin world you are not insured.

Earn bitcoins by mining: When you mine for new blocks on the public ledger where bitcoin transactions are stored, and you are able to find one, new bitcoins are generated and awarded to you. Some sites like Bitcoin mining which allow you to download free bitcoin mining software to join the mining pool and start earning.

Mining is like a bitcoin generator in that it is the only way new bitcoins are created. However, this is a hardware intense and expensive process. Hence most miners join a mining pool like BitMinter which reduces the need to build your own mining farm and expenses can be shared and hence reduced. You can also meet new people when you join a mining pool and get in-depth knowledge about the Bitcoin protocol and technology.

Get tipped: This is pretty much like receiving bitcoins in payments using a QR-code or from customers who have a bctip account which generates paper vouchers that have a certain value in bitcoins to tip you. This site is especially suited for restaurants which to want to encourage their customer to tip in bitcoins. The advantage is that you need not necessarily have a shop.

You can display the QR-code with your address on your blog or a website too, and people can tip you. Changetip is a another service that allows you to integrate tips from various websites like YouTube, GitHub and other social networking sites. Since tips are voluntary you do not need to monitor the incoming payments and exact amounts.

Trading: To be put simply, if you deal in trading, you could use Bitcoins instead of money or assets, and the safest way is through arbitrage, ie you buy an asset at a certain price and then sell it immediately at a higher price at another place. You can do this only when you know that you have the opportunity of selling the asset immediately at a higher price at a different place. However, for this you will need to get hold of bitcoins instantly. A good exchange is Bitfinex as well as Bittrex. Both can be used to trade Bitcoin as well as other cryptocurrencies.

Trading is sometimes like a gamble, except that in gambling there is a known probability of winning and loosing, but with trading, it gets much more complex. Another way to trade is by means of speculation, wherein you buy bitcoins in advance when the price is low and then wait for the price to rise to sell for a fiat currency.

You will have to be a good trader to recognise patterns from price charts. Such kind of specialization only comes with a lot of experience. Hence for an ordinary day trader it is more like a gamble.

Gambling for bitcoins: There are several gambling sites where you can earn bitcoins playing games. If you have a knack for gambling, you might consider this option too. Betchain is one such site, but like I said, proceed only when you know how to gamble.

Faucets: You can also earn bitcoin online using various bitcoin faucets. Faucets for bitcoins let you get a small amount of cryptocurrency in particular time spans.

Thanks for reading, I hope this article has helped you learn more about how to earn money with bitcoin in 2017 and beyond.