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Swapnex.io Review – Legit or a Scam?

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I have explained the following questions in this article:

  • What is Swapnex?
  • Swapnex Registration
  • Swapnex login
  • Swapnex Compensation Plan
  • Swapnex Referral Commission
  • Swapnex monthly Bonus
  • Swapnex Leadership Bonus
  • Swapnex Products
  • Swapnex Who.is Domain information
  • Who is the owner of Swapnex?
  • Is Swapnex legit?
  • Is Swapnex a scam?

Today, we are going to review Swapnex.io, What it’s all about, and whether it’s legit or a scam. Let’s get right into it.

What is Swapnex?

“Swapnex allows traders to sell and buy crypto within seconds at several currency exchanges concurrently”.

“Access Binance, Coinbase, Bithumb, Kraken and other world’s biggest exchanges via one platform’.

Swapnex claims to be a cryptocurrency arbitrage AI bot trading platform where you rely on them to trade and generate profit for you.

In one of our articles; What is Crypto Arbitrage? – A comprehensive guide, we explained what arbitrage is all about. Arbitrage is the opportunity to spot and make profit from marginal differences in prices across different exchanges; for instance, you can find a particular coin at $6.992 at Binance and the same coin might be available for $6.970 at Kraken.

That means you can buy from Binance and sell at Kraken for a profit of $0.022 per coin. This is what arbitrage is all about. You should also take note that the different exchanges might also charge you deposit/withdrawal fees which will deplete some of your profits.

How does Swapnex work?

Swapnex invests in cryptocurrency (AI Arbitrage) on the promise of a passive return.

Swapnex Registration

To register on swapnex; go to https://swapnex.io/auth/signup. solicits investments in Bitcoin, Tether, Ethereum, Litecoin, and Dogecoin.

Swapnex Login

You can only access the login feature after you must have registered.

Swapnex Compensation Plan

Swapnex compensation plans are as follows:

  • Start – $200 (30 to 90 days lock)
  • Personal – $500 (120 days lock)
  • Professional – $1500 (180 to 360 days lock)

While we quoted the amounts in USD here, Swapnex solicits investments in cryptocurrency.

Swapnex Referral Commission

Swapnex pays referral bonus via a uni-level compensation structure. A uni-level structure places an affiliate at the top of a uni-level team, with every personal affiliate placed directly under them (level 1).

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original uni-level team.

If any level 2 affiliates recruit new affiliate, they are placed on level 3 and so on and so forth.

  • Level 1: 10%
  • Level 2: 2%
  • Level 3: 1%
  • Level 4: 0.5%
  • Level 5: 0.5%

Swapnex monthly Bonus

The monthly bonus is calculated on “total profit” paid to personally recruited affiliates.

Swapnex Leadership Bonus

The Leadership bonus is a monthly bonus given to investors whose downlines reach some investment milestones.

  • Generate $1000 in downline investment and receive $10
  • Generate $2000 in downline investment and receive $20
  • Generate $5000 in downline investment and receive $50
  • Generate $10000 in downline investment and receive $100
  • Generate $50000 in downline investment and receive $500
  • Generate $500000 in downline investment and receive $5000

Swapnex Products

There is no legitimate product or service on Swapnex, they pay members from existing members investment.

Swapnex Who.is Domain information

From the who.is Swapnex domain information, Swapnex was registered on Namecheap server. We can agree that Swapnex domain was registered on the 17th of December, 2020, the doman will expire on the 4th of April, 2026.

No information about the domain registrar was revealed.

Who is the owner of Swapnex?

Swapnex is impersonating “Rupert Godman” who they addressed on their youtube channel created on the 2nd of August, 2021 as “Marcus Huber”. After diligent research, we found out that the CEO presented is not real and Swapnex is hiding some information from the public.

We conclude that the owner is obviously a European scammer.

Conclusion

Red flag(s) for Swapnex

  • Obvious Ponzi scheme format
  • We have received plenty of reports from investors
  • No active social presence
  • The platform is not transparent enough
  • No physical proof of the company’s address

Green flag(s) for Swapnex

  • Partially paying
  • Good Website quality

Average Trust score

  • FINANCIAL SECURITY: 10%
  • WEBSITE QUALITY: 30%
  • CUSTOMER SERVICE: 4%
  • SOCIAL STATUS: 1%

Average weighted score: 45%

CURRENT STATE: PARTIALLY PAYING

Is Swapnex legit?

Swapnex.io is not a legitimate Arbitrage AI trading platform, you have to be very careful with it. It has almost the same pattern as COPTS Arbitrage AI trading platform.

Is Swapnex a scam?

Due to the obvious Red flags we’ve discovered in Swapnex.io, we have no option but to conclude that it is a scam, if you must invest in it; invest with carefulness.

Thank you for reading our honest review on Swapnex.io. If you have any questions or comments, you can leave them below in the comment section.

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