{"id":12990,"date":"2021-02-24T13:29:17","date_gmt":"2021-02-24T12:29:17","guid":{"rendered":"https:\/\/setaffiliatebusiness.com\/?p=12990"},"modified":"2022-07-11T12:39:59","modified_gmt":"2022-07-11T10:39:59","slug":"torque-trading-review","status":"publish","type":"post","link":"https:\/\/setaffiliatebusiness.com\/cz\/torque-trading-review\/","title":{"rendered":"Torque Trading Review"},"content":{"rendered":"\n<p>Hello and welcome to the Torque Trading Review.<\/p>\n\n\n\n<p>In about a few minutes you are going to find out what is this company all about, whether there are any red flags, and how much can one earn (if anything).<\/p>\n\n\n\n<p>I have done more than 200 reviews, mostly on digital products, courses, and MLM companies, and recently there is a boom when it comes to MLM cryptocurrency companies.<\/p>\n\n\n\n<p>Let&#8217;s take a look at Torque Trading or Torque Superwallet.&nbsp;<\/p>\n\n\n\n<p><strong>Disclaimer<\/strong><br><em>Please note, that <\/em>I am not a member or an affiliate of<em> Torque Trading. <\/em><\/p>\n\n\n\n<p><em>This review is based on research and information available online in the public domain. <\/em><br><em>Any recommendations and conclusions are only opinions and may not apply to all persons or situations.<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Overview<\/h2>\n\n\n\n<p><strong>Name: <\/strong>Torque Trading \/ Torque Superwallet<br><strong>Website: <\/strong>www.torque.asia<strong><br>Price to Join<\/strong>: 1ETH, which is about $1,500.00<br><strong>Recommended:<\/strong> No!<br>I recommend Affiliate Marketing. Check the Pros and Cons of both business models (<a href=\"https:\/\/setaffiliatebusiness.com\/mlm-vs-affiliate-marketing-which-one-is-better\/\">Affiliate Marketing vs. MLM<\/a>).<\/p>\n\n\n<div class=\"gb-container gb-container-1d14e2f8\"><div class=\"gb-inside-container\">\n\n<h2 class=\"has-text-align-center wp-block-heading\">Torque Trading Review &#8211; Quick Summary<\/h2>\n\n\n\n<p>Torque Trading is supposed to be a cryptocurrency investment opportunity. It was registered in 2019.<br>They basically offer their &#8220;investors&#8221; a passive income.<\/p>\n\n\n\n<p>The problem with Torque Trading is that it is not registered in any jurisdiction and therefore this company can&#8217;t operate legally.<br>On top of that, the only money that flows into the company is money from the new investors to pay the original investors.<br>There is no retail product no service that the company has to offer.<\/p>\n\n\n\n<p>With that being said, Torque Trading operates as an illegal pyramid scheme (or Ponzi Scheme) and it may collapse at any time.<br>By the time you read this, it most likely has already collapsed.<\/p>\n\n\n\n<p>People who want to learn how to make an additional income stream spend a lot of time researching what is the best path.<br>There are many methods, and in 2020 we have witnessed that it is a good idea to build an online business.<\/p>\n\n\n\n<p>Affiliate marketing is in my opinion one of the best ways how to generate income in the long term.<\/p>\n\n\n\n<p> Anyone can take a look at the platform teaching how to make money with affiliate marketing:<\/p>\n\n\n<div class=\"gb-button-wrapper gb-button-wrapper-8f4ae507\">\n\n<a class=\"gb-button gb-button-1cb1de3a gb-button-text\" href=\"https:\/\/setaffiliatebusiness.com\/1-recommended-training\/\">Find Out More<\/a>\n\n<\/div>\n\n\n<p class=\"has-text-align-center\">The first lesson is for free and in order to get started, your best email address is enough. See below:<\/p>\n\n<\/div><\/div>\n\n\n<h2 class=\"wp-block-heading\">What is Torque Trading? Or Torque Superwallet?<\/h2>\n\n\n\n<p>Torque Superwallet or Torque Trading is an online platform dealing in Cryptocurrency trading. It supposed to provide investors with services that will allow them to earn a passive income.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"500\" height=\"253\" data-src=\"https:\/\/setaffiliatebusiness.com\/wp-content\/uploads\/2021\/02\/Torque-Trading-Review-Home-Page-e1614158052944.jpg\" alt=\"Torque Trading Review\" class=\"wp-image-13017 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 500px; --smush-placeholder-aspect-ratio: 500\/253;\" \/><\/figure><\/div>\n\n\n<p>Apparently, it is easy to get started, you only need to create an account, invest in ETH (or other cryptocurrencies) and you are going to receive daily rewards.<\/p>\n\n\n\n<p>Here is an introduction video:<\/p>\n\n\n\n<p><em>[The video is not available anymore]<\/em><\/p>\n\n\n\n<p>Here is one of 2 videos that are available on the Torque trading system Youtube channel:<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"What is Torque?\" width=\"1200\" height=\"675\" data-src=\"https:\/\/www.youtube.com\/embed\/Yu3JFNafTuM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>It sounds pretty easy.<br>You send your money and just watch how your account grows.<\/p>\n\n\n\n<p> A perfect way <a href=\"https:\/\/setaffiliatebusiness.com\/how-to-make-passive-income-from-home\/\">how to make passive income<\/a> from home.<\/p>\n\n\n\n<p>They have their own account, it is called Torque account and it is estimated that you can get 0.1 to 0.4% daily rewards.<\/p>\n\n\n\n<p>Additionally, you can earn also from your referrals.<br>So this works like an MLM company.<br>In that case, they should have some tangible (or at least) digital products, right?<\/p>\n\n\n\n<p>Otherwise, it would be a Pyramid Scheme.<br>But let&#8217;s check first who runs the Torque Trading.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Who Runs the Torque Trading?<\/h2>\n\n\n\n<p>On their website, there is no information about the founder. However, it is not like they don&#8217;t want to show us who runs it.<\/p>\n\n\n\n<p>It is clearly stated on the 2nd website, called torquesuperwallet.asia.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"500\" height=\"323\" data-src=\"https:\/\/setaffiliatebusiness.com\/wp-content\/uploads\/2021\/02\/torque-CEO-Bernard-Ong-e1614158083166.jpg\" alt=\"Torque Trading Review\" class=\"wp-image-13018 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 500px; --smush-placeholder-aspect-ratio: 500\/323;\" \/><\/figure><\/div>\n\n\n<p>This 2nd website was registered only in August 2020.<\/p>\n\n\n\n<p>Bernard Ong is the CEO of Torque Trading.<\/p>\n\n\n\n<p>Recent research shows that daily returns have been disabled, meaning that this Ponzi scheme is about to collapse (most likely it has already started to collapse).<br>And the CEO, Bernar is blaming an employee.<\/p>\n\n\n\n<p>What a great way to deny responsibility.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Is Torque Trading a Pyramid Scheme?<\/h2>\n\n\n\n<p>Sometimes it is not easy to find out whether we are dealing with a pyramid scheme or not.<\/p>\n\n\n\n<p>As a thumb of rule is, a legitimate MLM company has to have some retail products. In theory affiliates with such a company must generate some revenue from selling these products.<br>And of course, they receive a commission from their referral and from the referral of those referrals.<\/p>\n\n\n\n<p>But if you have a multi-level structure where existing affiliates are paid from new &#8220;investors&#8221; only, then it can be considered as a pyramid scheme.<\/p>\n\n\n\n<p>Torque Trading has no products to sell, so the only way how affiliates are getting paid is from the membership of their downline.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How Much to Join the Torque Trading?<\/h2>\n\n\n\n<p>Well in order to be part of their game it is necessary to invest at least 1 ETH. As of today&#8217;s writing 1, ETH equals $1,509.37.<\/p>\n\n\n\n<p>Actually only $1,504.05.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"480\" height=\"261\" data-src=\"https:\/\/setaffiliatebusiness.com\/wp-content\/uploads\/2021\/02\/ETH-vs-Dollar-e1614158112439.jpg\" alt=\"\" class=\"wp-image-13019 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 480px; --smush-placeholder-aspect-ratio: 480\/261;\" \/><\/figure><\/div>\n\n\n<p>Then, allegedly you earn advertised 0.15% to 0.45% daily ROI.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Compensation Plan<\/h2>\n\n\n\n<p>Compensation plans are usually very complicated and I don&#8217;t want to bother you with all the details.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"500\" height=\"268\" data-src=\"https:\/\/setaffiliatebusiness.com\/wp-content\/uploads\/2021\/02\/Partner-rewards-e1614158148625.jpg\" alt=\"Torque Trading Review\" class=\"wp-image-13020 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 500px; --smush-placeholder-aspect-ratio: 500\/268;\" \/><\/figure><\/div>\n\n\n<p>Just briefly, to mention that Torque Trading\/SuperWallet uses a uni-level compensation structure that looks like this:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"500\" height=\"178\" data-src=\"https:\/\/setaffiliatebusiness.com\/wp-content\/uploads\/2020\/11\/Unilevel-e1605534012122.jpg\" alt=\"Tronex World Review\" class=\"wp-image-12238 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 500px; --smush-placeholder-aspect-ratio: 500\/178;\" \/><\/figure><\/div>\n\n\n<p>In theory, a person who is recruited directly by you is automatically placed on the 1st Level.<br>If anyone from the 1st Level recruits new members, these &#8220;newbies&#8221; are placed on level 2.<\/p>\n\n\n\n<p>If these guys from level 2 recruit new members these are placed on level 3 and can go deep down until in theory the entire population is involved.<br>Of course, it is not sustainable and therefore these pyramid schemes are illegal in most countries.<\/p>\n\n\n\n<p>However, Torque Trading pays down to 7 levels.<\/p>\n\n\n\n<p>In case you want to read the whole document, it is available <a href=\"https:\/\/setaffiliatebusiness.com\/wp-content\/uploads\/2021\/02\/torque-english-v2.0.pdf\">here<\/a>.<br>It has almost 40 pages.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What Others Say about the Torque?<\/h2>\n\n\n\n<p>You may have already seen the reviews people writing at <a href=\"https:\/\/www.trustpilot.com\/review\/torque.asia\" target=\"_blank\" rel=\"noopener\">Trustpilot<\/a>.com.<\/p>\n\n\n\n<p>There are many positive ones for sure, but have you noticed that since February 9th, 2021 there are only negatives ones?<\/p>\n\n\n\n<p>Let&#8217;s check the negative ones first.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"500\" height=\"398\" data-src=\"https:\/\/setaffiliatebusiness.com\/wp-content\/uploads\/2021\/02\/Torque-SuperWallet-Reviews-e1614158443516.png\" alt=\"Torque Trading Review\" class=\"wp-image-13024 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 500px; --smush-placeholder-aspect-ratio: 500\/398;\" \/><\/figure><\/div>\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"500\" height=\"340\" data-src=\"https:\/\/setaffiliatebusiness.com\/wp-content\/uploads\/2021\/02\/Torque-SuperWallet-Reviews-01-e1614158428720.png\" alt=\"\" class=\"wp-image-13022 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 500px; --smush-placeholder-aspect-ratio: 500\/340;\" \/><\/figure><\/div>\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"500\" height=\"396\" data-src=\"https:\/\/setaffiliatebusiness.com\/wp-content\/uploads\/2021\/02\/Torque-SuperWallet-Reviews-02-e1614158417670.png\" alt=\"\" class=\"wp-image-13023 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 500px; --smush-placeholder-aspect-ratio: 500\/396;\" \/><\/figure><\/div>\n\n\n<p>People behind the Torque Trading replying to those reviews, obviously make sure to be as specific as possible.&nbsp;<br>(Hopefully, you have noticed my ironic tone in the sentence above).<\/p>\n\n\n\n<p>And here are two positive ones.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" width=\"500\" height=\"240\" data-src=\"https:\/\/setaffiliatebusiness.com\/wp-content\/uploads\/2021\/02\/Torque-SuperWallet-Reviews-poz-e1614158401277.png\" alt=\"Torque Trading Review\" class=\"wp-image-13025 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 500px; --smush-placeholder-aspect-ratio: 500\/240;\" \/><\/figure><\/div>\n\n\n<p>The 2nd one is obviously a member trying to recruit new investors.<\/p>\n\n\n\n<p>We know that the company was registered in 2019. Such Ponzi schemes usually last a year (maybe a bit more), so this is actually the time when people start to realize that is the Torque all about.<br>A Scam.<\/p>\n\n\n\n<p>What do you think?<br>Please share your opinion in the comment section below.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What I like about Torque Trading<\/h2>\n\n\n\n<h2 class=\"wp-block-heading\"><img decoding=\"async\" class=\"alignnone wp-image-2034 lazyload\" data-src=\"https:\/\/setaffiliatebusiness.com\/wp-content\/uploads\/2019\/05\/M_plus-150x146.png\" alt=\"\" width=\"100\" height=\"97\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 100px; --smush-placeholder-aspect-ratio: 100\/97;\"><\/h2>\n\n\n\n<ul><li>There is nothing to like about the Ponzi Scheme<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">What I don&#8217;t like about Torque Trading<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"100\" height=\"102\" data-src=\"https:\/\/setaffiliatebusiness.com\/wp-content\/uploads\/2019\/05\/Minus-147x150-e1621440876298.png\" alt=\"Cons\" class=\"wp-image-2035 lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 100px; --smush-placeholder-aspect-ratio: 100\/102;\" \/><\/figure>\n\n\n\n<ul><li>Not registered in any jurisdiction and therefore Torque Trading can&#8217;t offer passive returns legally<\/li><li>All signs of Ponzi Scheme<\/li><li>Not transparent about the founders<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Is Torque Trading a Scam?<\/h2>\n\n\n\n<p>This company offers passive returns and that means that Torque Trading must be registered in order to offer securities.<br>The truth is that Torque Trading is not registered in any authority.<\/p>\n\n\n\n<p>Also, note that this company depends on funds from the new affiliates to pay the existing ones.<\/p>\n\n\n\n<p>Torque Trading has no retail products, so to sum it up this is a Ponzi Scheme.<\/p>\n\n\n\n<p>The bottom line?<\/p>\n\n\n\n<p>Don&#8217;t get involved with Torque Trading, nor Torque Superwallet.<\/p>\n\n\n\n<p>There are many ways how to make money online.<br>I am not going to linger about the method I use (if you are interested you can check the link at the very bottom of this article).<\/p>\n\n\n\n<p>I believe we have covered enough about this Torque company.<br>So stay away from it.<\/p>\n\n\n\n<p>Before we wrap up let me just mention a few fundamental rules when it comes to investing:<\/p>\n\n\n\n<ul><li>Make sure that you have a way out quickly<\/li><li>Don&#8217;t invest more than you can afford to lose<\/li><li>Note that you are on the outside of the system, looking in; and people who inside have a plan, you don&#8217;t know about.<\/li><\/ul>\n\n\n\n<p>If you have any comments regarding this article or you want to share your opinion about a similar company, please use the comment section below.<\/p>\n\n\n\n<p>Thank you for reading,<br>Mike<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hello and welcome to the Torque Trading Review. In about a few minutes you are going to find out what is this company all about, whether there are any red flags, and how much can one earn (if anything). I have done more than 200 reviews, mostly on digital products, courses, and MLM companies, and &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Torque Trading Review\" class=\"read-more button\" href=\"https:\/\/setaffiliatebusiness.com\/cz\/torque-trading-review\/#more-12990\" aria-label=\"\u010c\u00edst v\u00edce o Torque Trading Review\">Read more<\/a><\/p>","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20,16,13],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/setaffiliatebusiness.com\/cz\/wp-json\/wp\/v2\/posts\/12990"}],"collection":[{"href":"https:\/\/setaffiliatebusiness.com\/cz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/setaffiliatebusiness.com\/cz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/setaffiliatebusiness.com\/cz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/setaffiliatebusiness.com\/cz\/wp-json\/wp\/v2\/comments?post=12990"}],"version-history":[{"count":10,"href":"https:\/\/setaffiliatebusiness.com\/cz\/wp-json\/wp\/v2\/posts\/12990\/revisions"}],"predecessor-version":[{"id":21543,"href":"https:\/\/setaffiliatebusiness.com\/cz\/wp-json\/wp\/v2\/posts\/12990\/revisions\/21543"}],"wp:attachment":[{"href":"https:\/\/setaffiliatebusiness.com\/cz\/wp-json\/wp\/v2\/media?parent=12990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/setaffiliatebusiness.com\/cz\/wp-json\/wp\/v2\/categories?post=12990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/setaffiliatebusiness.com\/cz\/wp-json\/wp\/v2\/tags?post=12990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}