Welcome to my site.
You would like to know what is Exove Investment all about.
The website doesn’t exist anymore.
It was shut down.
You can go on and read the review to learn how these scams operate.
Original Review Below:
I am glad you do your own research since many people spot a website promising them daily returns so they go ahead and send the money hoping that it will generate an income.
Well, one must be very careful about these companies and the only way how not to be scammed is by doing the research.
So in the following Exove Investment review, you are going to learn whether this is a good company to invest with, or it is better to avoid it.
I will also share with you a method I use, that generates 4 digits online.
But let’s start with the Exove Investment, I promise to keep it short.
Please note, that I am not a member or an affiliate of Exove Investment. This review is based on research and information available online in the public domain.
Any recommendations and conclusions are only opinions and may not apply to all persons or situations.
Name: Exove Investment
Price to Join: $0 but In order to get into a game an investment of $100 is minimum
I recommend Affiliate Marketing. Check the Pros and Cons of both business models (Affiliate Marketing vs. MLM).
Exove Investment Review – Quick Summary
Exove Investment is supposed to be a company where you invest bitcoin and earn profits. According to their website, you can make 2% daily.
There are a few problems with this firm.
First of all, it operates as an MLM company but has no retail products. They lie about their history (meaning that their site was registered only in November 2020, but they claim to be around since 2011).
Besides, there is no information about who runs the Exove Investment.
There are a lot of indications that this is a Pyramid Scheme.
As you know, Pyramid schemes are illegal almost in every country, so I strongly recommend, not joining the Exove Investment.
There are many legal ways how to generate consistent income.
What is Exove Investment?- Rather What It WAS
Exove Investment was an investment company that makes a profit from cryptocurrency mining, smart contract, and speculation in exchange rates (related to cryptocurrency).
You as a potential investor are promised to make a 2% daily profit. The minimum to invest is $100.
The company is allegedly registered in the UK, however, its office address is in Helsinki, Finland.
Let me tell your right away, that there is something suspicious about the Exove Investment and I personally wouldn’t send them a dime.
There are several reasons for that so let’s dig a bit deeper.
Update April 2021
I have recently checked their website and it is down.
That means that this Ponzi scheme has already collapsed.
If you want to know how to recognize such a Ponzi Scheme (and there are tons of them, unfortunately) keep reading.
The thing is that the majority of them have very similar patterns.
Who Runs the Exove Investment?
One of the basic rules when it comes to investing is to check whether there is information about who runs the company.
Who the founder is.
If you can’t find any information about the CEO or founder, stay away from the company. The chance that you stumbled upon a scam is pretty high.
Some MLM companies use fake names and images and it is a bit more difficult to figure that out.
In the Exove Investment case, there is absolutely no information about the founder.
This is a huge red flag.
Would you send your money to someone that is hiding or in other words, his or her identity is not revealed on their website?
And there is more:
Apparently, Exove Investment has been operating since 2011.
Let’s check the registration date of their website:
It is only a few months ago (as of this writing).
So they lie about the registration date.
Would you still trust them?
Is Exove Investment a Pyramid Scheme?
It is obvious that Exove Investment has a multi-level structure, just like any MLM company.
Now in order to operate legally, every MLM company has to have some sort of product so the affiliates of this company can make money just by selling these products.
Then there is the recruitment part. Meaning that the 2nd way how affiliates generate revenue is via recruiting.
Now take the retail product part out of such a company and you get an outright pyramid scheme.
Here is a short video explaining how to spot a pyramid scheme:
The question is:
Does Exove Investment have any products (tangible or digital) that they sell?
Not at all.
So is Exove Investment a pyramid scheme?
It has all the signs of a pyramid scheme.
If you want to learn more about how to spot a pyramid scheme here is a link to the FTC site (Federal Trade Commission) where they explain what is the pyramid scheme.
How Much to Join the Exove Investment
Everyone can join the Exove Investment for free. However, in order to invest, the minimum amount is $100.
There is no maximum limit on how much to invest.
Compensation plans are usually very complicated and I try to simplify it so readers get the message.
But when it comes to companies like Exove Investment I believe there is no point of going too much into details.
By now we know that Exove Investment is not a company that one can trust.
However just briefly some info concerning the compensation plan.
The company’s affiliates (or investors) invest in bitcoin and here are the promises they get:
- Invest $100 to $19,999 and get 2% a day for 6 days
- Invest $20,000 to $49,999 and get 2.5% daily for 6 days
- Invest $50,000 or more and get 3% after 6 days.
Exome Investment uses a uni-level structure and pays its referral commissions down to 3 levels.
If you are in the 1st Level you get 10%
Level 2 – 2%
and Level 3 – 1%
Where is the money coming from?
The only money that flows into the Exove Investment is money from their affiliate, meaning people who “invest” into this company.
In other words, using money from new investors to pay existing affiliates makes this company a Ponzi Scheme.
On top of it, there is absolutely no evidence of external income.
Yet, it is quite possible at the early stage that people see some returns, however, this structure does not last long.
What other people think about Exove Investment
Here are some screenshots from another source where you can double-check the information regarding Exove Investment.
As per the Trustpilot site, the reviews are “Average”.
Here are some negative ones
To be fair here is a positive one as well:
As you see this one is from December 23.
The guy says:
” I have invested with for more than 5 months”
Pretty interesting since the site operates only about 3 months as of this writing.
And here is a screenshot from a comment section of one Youtube video where a person claims that he has made $160 per week:
(here is the original video):
I believe you get the picture of what is the Exove Investment all about.
What I like about Exove Investment
- There is absolutely nothing I like about Exove Investment
What I don’t like about Exove Investment
- They lie about the company registration date
- All signs of the Pyramid Scheme
- No retail products
Is Exove Investment a Scam?
Yes, it is. It Was.
There are many red flags regarding the Exove Investment and the only advice I can give is to stay away from this company.
Let me share with you some rules when it comes to investing;
- Make sure that you have a way out quickly
- Don’t invest more than you can afford to lose
- Realize that you are on the outside, looking in. And people who are inside have a plan, you don’t know about.
There are other legal ways how to make money online.
The reason why not so many people are successful is that they don’t want to invest their time and effort into it.
Of course, it is important to have some skills, but I personally have learned special skills (here is where) and after some time I make 4 digits per month online.
And just scratching the surface – I still consider myself a beginner.
The method I use is called affiliate marketing, meaning it has nothing to do with MLM, selling, investing…
In case you are looking for a “quick” way how to make a lot of money, I am sorry but I can’t help you here since I have not found any method that can generate consistent income in the long run right away.
You are welcome to share your opinion in the comment section below. Also if you have questions, don’t hesitate o ask.
I will be glad to give you feedback (hopefully within 24 hours).
Thank you for reading,