Lira Coin Club Review – Another Crypto ROI Scam? Compensation Plan Exposed

Welcome to my Lira Coin Club Review.

One of the questions that we are going to answer is if LiraCoin Club is a scam.

We wouldn’t want to join a program that ends up getting shut-down due to non-compliance reasons or bad business practices later down the road.

Lira Coin Club Review

We are going to research and review the information about the company, the products, and the compensation plan to see what this company is really all about.

Also, before you go, make sure to grab one of the money-making bonuses that I’ve included below.

With that said, let’s dig in and see what we can learn about it.

Lira Coin Club Review – What Is It?

Lira Coin Club Reviews What Is It

Lira Coin Club is an online opportunity that you can make money with.

The opportunity offers an investment opportunity where when you make an investment into their LIC tokens, the company promises a certain return over a certain period of time depending on the investment amount.

The program also offers an MLM structure compensation plan that you can make money by recruiting people into the opportunity and building a generational team.

The niche that I would say that the company is in would be the cryptocurrency MLM and investment niche.

Company Overview

One of the things that we like to see when we review any program that you can make money with is who owns or runs the company.

This will give people the opportunity to take a look at the experience and the background that the owner or owners have.

Lira Coin Club Company Owner CEO Founder UnknownThere is really no information that the LiraCoin Club website offers as far as information about who owns or runs the company.

In fact, the only information that was found on the main website was a login form for its affiliate members.

We took some time to research the domain name and here is what we found:

The Perfect System Reviewed
  • The domain name “liracoin.club” was registered on 8-2017
  • There seems there was a new owner on 8-12-2018.

We couldn’t find any additional information from the company website on who is running this program so let’s move on.

Another great review: Digital Income System Review – High Tier Scam? Compensation Plan Breakdown

LiraCoin Club Marketing System

Lira Coin Club Club Marketing System

If you are a member of the LiraCoin Club and want to generate more leads and sales to make more money with it, then you need this!

With that said, let’s continue on with the review.

What Products Does Lira Coin Club Offer?

Lira Coin Club Products Review No Retail

In this section of the review, we are going to share with you the information that we have found on the products that Lira Coin Club offers.

As we mentioned before, the only information that the main website of the company has is a login form for its affiliate members.

With that said, there are no retail products that a customer can purchase and if the company does offer any products, you will have to join the company by making an investment to gain access to them.

With the company offering an MLM aspect to its business model, I can say that this is not a good thing for compliance.

With that said, let’s continue on to the next section.

Another great review: Abundance Network Review – Scam or Legit SMS Platform? Compensation Plan Exposed

How Does The Lira Coin Club Compensation Plan Work?

Lira Coin Club Compensation Plan Breakdown

In this section of the review, we are going to cover the information about how the compensation plan works and how you can make money with the Lira Coin Club opportunity.

Although there is not much of any information on the company website, we were able to find information on the compensation plan structure the company offers by digging around the internet.

There are 2 main ways that you can make money with the company which is:

  • ROI Commissions
  • Referral Commissions

Getting Started and ROI Commissions

If you want to join the Lira Coin Club opportunity you must first make an investment in the LIC tokens that the company offers.

Now, once you make an investment by purchasing the LIC tokens, you will have to “lend” the tokens back to the company.

This will allow you to participate in the promised ROI that the company offers.

Here is a breakdown of what the company offers as far as an ROI for your investment:

  • You are promised a 3% monthly ROI for the first 180 days in the first year.
  • You are promised a 2.5% monthly ROI for the first 181 to 360 days in the first year.
  • You are promised a 1.5% monthly ROI for the first 180 days in the second year.
  • You are promised a 1% monthly ROI for the first 181 to 360 days in the second year.
  • You are promised a 0.75% monthly ROI for the first 180 days in the third year.
  • You are promised a 0.5% monthly ROI for the first 181 to 360 days in the third year.
  • You are promised a 0.4% monthly ROI for the first 180 days in the fourth year.
  • You are promised a 0.3% monthly ROI for the first 181 to 360 days in the fourth year.
  • You are promised a 0.25% monthly ROI for the fifth year and moving forward.

For some reason, Lira Coin Club has only 360 days listed for an entire year?

Is this a misprint or is it not a complete year for how their ROI is laid out and the mention of “year” is misinterpreted?

Either way, that is how the compensation plan by the company is written for now.

One of the requirements that affiliates must do is permanently invest there LIC tokens with the company.

When the member wants to withdraw any funds, they must also sell their LIC tokens back to the company through an internal wallet exchange that the company has in place.

We couldn’t locate what the current value on the LIC tokens are at this time, but when they first hit the market back in 2008, they were $1 a token.

Crypto Mining Return Commissions

Lira Coin Club also offers mining return investments along with the promised ROI that the company offers.

The company is involved with mining cryptocurrency that you can get involved with by making an additional investment of at least $100 to participate in.

What is really remarkable is that the return on your investment has an additional promise of a return that you will make here too.

Either way, it is offered.

Here is how much of a return on your investment you can make that the company promises for the Mining Return commissions:

  • Miner Level – At this level, you will need to Invest $100. The company will pay you $216 in a total of 360 days.
  • B-Miner Level – At this level, you will need to Invest $300. The company will pay you $702 in a total of 360 days.
  • S-Miner Level – At this level, you will need to Invest $1200. The company will pay you a $3024 return over 360 in a total of 360 days.
  • M-Miner Level – At this level, you will need to Invest $3600. The company will pay you a $9461 in a total of 360 days.
  • G-Miner Level – At this level, you will need to Invest $7200. The company will pay you a $19,440 in a total of 360 days.
  • T-Miner Level – At this level, you will need to Invest $10,800. The company will pay you a $31,104 in a total of 360 days.

Crypto Mining Return Referal Commissions

The company will pay you a 5% match on their initial investment that they make in order to participate in the mining pool commission.

Residual Commissions (unilevel)

Lira Coin Club also offers the ability to earn from your members and team member’s investments and reinvestments.

The way that they pay these commissions out to you is by using the MLM unilevel compensation plan structure.

For those that are unfamiliar with how the unilevel compensation plan structure works, here is a quick breakdown:

  • 1st Level – The first level of your unilevel compensation plan will only have your personally recruited members on it.
  • 2nd Level – The second level of your unilevel compensation plan will only have team members that your level 1 members personally recruited on it.
  • 3rd Level – The second level of your unilevel compensation plan will only have team members that your level 1 members personally recruited on it.
  • and so on…

Hopefully, that helps those be more familiar with how the unilevel compensation plan structure works.

You will earn when any person that is in your unilevel compensation plan structure invests money into the company.

The total number of levels of your unilevel pay plan that you can earn from is 12.

The number of levels that you can earn from will totally be up to the amount of money that you invested and how many people you recruited and also made investments in the mining return structure.

Here is a breakdown of the residual unilevel compensation plan structure and what you can earn from it:

  • Miner Level – Members that invest at this level. Recruit and maintain 2 mining investors and earn 15% on your level 1 only.
  • Miner Level – Members that invest at this level. Recruit and maintain 3 mining investors and earn 15% on level 1 and 10% on level 2 of your unilevel pay plan.
  • Mining Level – Members that invest at this level. Recruit and maintain 4 mining investors and earn 15% on level 1, 10% on level 2 and 5% on level 3 of your unilevel pay plan.
  • B-Miner Level – Members that invest at this level. Recruit and maintain 5 mining investors and earn 15% on level 1, 10% on level 2 and 5% on levels 3 to 5 of your unilevel pay plan.
  • S-Miner Level – Members that invest at this level. Recruit and maintain 5 mining investors and earn 15% on level 1, 10% on level 2, 5% on levels 3 to 7 and 2% on level 8 of your unilevel pay plan.
  • G-Miner Level – Members that invest at this level. Recruit and maintain 5 mining investors and earn 15% on level 1, 10% on level 2, 5% on levels 3 to 7, 2% on level 8 and 1% on levels 9 and 10 of your unilevel pay plan.
  • M-Miner Level – Members that invest at this level. Recruit and maintain 5 mining investors and earn 15% on level 1, 10% on level 2, 5% on levels 3 to 7, 2% on level 8 and 1% on levels 9 to 11 of your unilevel pay plan.
  • T-Miner Level – Members that invest at this level. Recruit and maintain 5 mining investors and earn 15% on level 1, 10% on level 2, 5% on levels 3 to 7, 2% on level 8 and 1% on levels 9 to 12 of your unilevel pay plan.

That is all there is to how the compensation plan works and how you can make money with the Lira Coin Club opportunity, let’s continue.

Another great review: Minerva Trading Review – Scam Trading Bot? Compensation Plan Exposed

My LiraCoin Club Q and A Section

In this section of the review, we are going to answer some questions that people may have when thinking about joining the Lira Coin Club opportunity.

The Perfect System Reviewed

Is Lira Coin Club BBB Accredited?

Lira Coin Club Better Business BureauNo, Lira Coin Club is not accredited with the Better Business Bureau at this time.

However, because they do not have accreditation or a listing does not make the company a scam.

There have been a TON of programs and companies that we run across that are 100% legitimate that are not even listed on the BBB website.

What’s The Cost to Join Lira Coin Club?

The minimum cost to join Lira Coin Club as an affiliate member is actually free but you are very limited on what you can earn from the opportunity.

The minimum cost to have full access to the compensation plan will be a minimum investment of $100.

This investment can be as high as $10,800 depending on what you are willing to invest.

There are advantages of investing at a higher amount than you can read in my compensation plan section but I would recommend you read my final thoughts about the company below before joining.

Is LiraCoin Club A Scam or Legitimate Opportunity?

Is Lira Coin Club A Scam or Legit Opportunity

In my opinion, the Lira Coin Club opportunity has some issues with the business structure that would have many saying that it is a scam.

Here are a few of my concerns:

  • The company does not offer any retail products
  • The company offers a promised ROI
  • The company offers a promised return on mining
  • The company has no information about who runs the company

The first issue is that they offer no retail products, and this is not in compliance when your company is offering an MLM structured compensation plan business model.

The second issue is the promised ROI which is another big one and can get the company into big trouble with the SEC which is in almost all countries now.

Not having approval from government agencies in all of the countries that they do business and offer unregistered securities is a big problem and a red flag.

The same issue would go for the promised return on the company’s crypto mining efforts.

No SEC license or approval will mean that once the company hits a certain investment amount, the government will come knocking at the door.

Once that happens, you can say bye-bye to the company.

Related articles: MLM Reviews, Scams, and Compensation Plans

My Final Lira Coin Club Review, Thoughts, and Bonus

In the final section of my review, I will share my personal thoughts and recap what was reviewed about the Lira Coin Club opportunity as a whole.

We have taken the time to research and review the information about the company, the products, and the compensation plan.

We have also shared our concerns about the company and voiced our opinion in the “is it a scam” section above.

At this point, you should know more about what it is, how the program works, what they offer, and how you can make money with it.

What are your thoughts about it at this point?

But here is the question…

Do we recommend the Lira Coin Club opportunity?

No, we do not recommend the Lira Coin Club opportunity due to all of the red flags that we discovered with the program.

These are very serious issues and I would recommend passing on this one.

With that said, I hope you enjoyed my Lira Coin Club review.

If you found this review helpful, make sure to click on the social share buttons on this page and share it with others so that people can learn exactly what the Lira Coin Club opportunity is really all about.

Thank you for your support!

P.S.

Before You Go, Grab Your Bonus Below!

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