Antares Trade Review – Is This Legit Or Straight Ponzi Scam?
Welcome! Today I’ll be reviewing Antares Trade. In this Antares Trade
Antares Trade is another newly launched cryptocurrency marketing network business.
I have decided to investigate them and look at all their details.
If you have been approached by someone regarding this investment business opportunity, read this post first.
You have come here for making sure they are legit.
I’ll be walking you through Antares Trade, their products, and their compensation plan so you’ll be able to make up your mind.
Be really attentive and read on ahead till the very end.
Antares Trade Review – Company Overview
Alex Richter started this company and his specialty is multilevel marketing within the cryptocurrency niche.
While searching for more details about Richter, I observed that there is no online footprint about him anywhere to be found.
This is only possible if you do not exist at all.
Every business owner has at least a little information of theirs online irrespective of the industry they work in.
It looks as if Alex Richter, the CEO, is an actor who is playing the role and is a common tactic nowadays.
Softrade has done it with their actor “Softrade Al” and so have various other companies over the years…
Numerous people were scammed when Softrade went down.
Since their CEO was a fake one, there was no accountability.
Alex Richter appears in other marketing videos in what appears to be rented office space.
This is not unusual because nice offices spaces can be rented these days for a few hours or a day – just long enough to shoot a video.
This is the latest theme for these business types nowadays.
The company says it operates from Mexico.
Also, the Antares Trade’s website mentions that it has its corporate address located out of Hong Kong.
While looking at the Hong Kong address, I noticed that it is the address of a hotel…
Being honest, this is actually a really bad signal
Antares Trade shares the same characteristics as other network marketing programs I’ve
Someone Recently Bought The Domain Name
The company’s website domain originally was bought December 10, 2018, and it has been updated March 27, 2020.
To me, it looks like on the date December 22, 2018,, the company’s ‘Antares.trade’ site domain was up for sale.
It seems that the current owner (whoever it may be) purchased the website domain in March 2020 and started Antares Trade.
This all makes sense when considering that the company’s YouTube channel (official) was started March 6, 2020.
Why is this important?
It’s important because Antares Trade has not been in business very long.
Usually scammers will buy an already existing domain name that’s up for sale and repackage a scam program.
This happens quite frequently.
So far Antares Trade is full of HUGE red flags.
I take it that you are seeing this, but we’ll keep going on for now…
What Products Does Antares Trade Promote?
This company does not have any retail services or products for sale.
This is another HUGE red flag!
Apparently, the only way to make money is to promote their associate memberships and there are also investment opportunities to earn ROI. (ROI stands for Return On Investment.)
The company’s associates’ will be able to invest in tokens called AND ( “AND” stands for Antares Dollar) tokens on the promise of daily returns.
The “returns” are equal to 2% and is capped at a maximum of 200%.
The tokens (AND) are currently internally traded at about $1 USD.
Commissions, Residual Fees And ROI Bonuses
Associate referral fees are paid for deposited funds through 3 levels in their UniLevel fee plan.
The level number and rates all depends on the amount you have deposited:
Residual fees within Antares Trade are paid through binary compensation plan.
This binary compensation plan puts YOU on the very top of this binary structure; then splits to right and left (two sides):
The 1st level of this binary gets two places.
The 2nd level divides the first 2 places into two more, making it a total of four.
These places can be indirectly or directly filled by your network members.
The company’s residual fees are distributes as percentages of the funds deposited with the weaker side of the binary team.
The fee rates all depend on the amount that you have deposited:
Once you have crossed the 200 days mark, you’ll earn bonuses on percentages of the deposited funds:
Your cost to enroll with the company will be anywhere in-between $100 or $100,000 deposit in the AND tokens.
Depending on your investments, you’re earning potential will be a lot higher.
Is Antares Trade A Scam Or Legit?
Does a fraud exist?
Well, let us take a look at facts…
You will be investing actual money into a thing that is useless beyond Antares Trade, it’s AND tokens.
Yeah, seriously…
Also, the company wants people to deposit $100,000 into their tokens that they’ll be able to generate
Their associates are at Antares Trade’s mercy for payments of withdrawals through their CoinCap exchange app.
Also, their management is not being forthcoming about themselves as their CEO looks to be an actor that they have picked up along the way.
This is the latest trend as far as 2020 is concerned and likely another business that I have reviewed that has taken this road…
They have not registered with any of the security regulators as they’re promising Returns on your Investments.
Think about this logically and calmly.
If they knew how to get 2% every day legally, would they actually require any deposits from their associates?
Actually, the
Because of this, this is another Ponzi scheme in the cryptocurrency nich
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Scams are going to get worse.
Scammers are going to multiply like cockroaches.
People who are lazy will always want an ROI (return-on-investment) without working for it.
There
Similarly, these are LAZY people who’ve always look for so-called opportunities to make money with very little work on their part.
What these people fail to realize is this is the type of individuals scammers target every day.
Here’s the bottom line:
The only way to make a life-changing income without looking over your shoulders wondering if the authorities are coming for you is to make a decision.
Yes…make a decision.
The decision is this: do I want to associate with mentally diseased scammers by giving them my money hoping for a fast return, OR…
Do I want to learn how to make money online with honesty and integrity, and actually enjoy the process.
If you want to learn how to make money online, then get your FREE account at Wealthy Affiliate TODAY.
Talk
Howard
I initially invested a total of $105,000 over a period of 5 weeks. My bonus/profit was $830,000, every attempt to make withdrawal failed and I was instructed to make another deposit of $25,000 before I can make withdrawals which I did.
Up till now, I’m still unable to make withdrawals, and all attempt to contact the broker has failed.
This is very pathetic and I felt so bad losing my investment.
I did a due diligence test before investing with them but guess what I ended up getting burned.