onecoin-logoThere is no information on the OneCoin website indicating who owns or runs the business.

The OneCoin website does have an “about” section, however no information about the company’s ownership structure is revealed.

The company does state however that it

is headquartered in Europe with worldwide operations. We focus on core markets such as South East Asian countries, Europe, India and Africa.

Conspicuously absent is the US.

The OneCoin Terms and Conditions suggests that the company is based out of Bulgaria:

Onecoin follows strictly the regulations  of the Electronic Commerce Act of the state of Bulgaria.

We are not in the business of selling your personal information to third parties. Where permitted by the provisions of applicable law, Onecoin may though share such information from time to time with the following third parties:

Any government agency or other appropriate governmental, police, or regulatory authority in state of Bulgaria or elsewhere in order to meet legal security and regulatory requirements.

The OneCoin website domain (“”) was registered on June 23rd 2014, however the domain registration is set to private. OneCoin’s website itself is hosted out of Bulgaria.

As always, if a MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

The OneCoin Product Line

OneCoin has no retailable products or services.

OneCoin affiliate are only able to market affiliate membership to the site itself.

The OneCoin Compensation Plan

The OneCoin compensation plan revolves around affiliates joining and then investing in OneCoin “tokens”.

There are five packages on offer:

  • Starter – 100 EUR
  • Trader – 500 EUR
  • Pro Trader – 1000 EUR
  • Executive Trader – 3000 EUR
  • Tycoon Trader – 5000 EUR

Commissions are paid out split 60/40, with only 60% of commissions paid out being able to be withdrawn at any given time.

Recruitment Commissions

A 10% commission is paid on the packages purchased by personally recruited OneCoin affiliates.

When a OneCoin affiliate joins the company, for their first 30 days they are paid an additional 10% recruitment commission on any packages purchased by newly recruited affiliates.

This commission is paid out after the thirty-day period, on the condition that the cumulatively, the affiliates recruited spent over 5,500 EUR on packages.

After this period, the regular 10% recruitment commission applies.

Residual Recruitment Commissions

Residual recruitment commissions in OneCoin are paid out using a binary compensation structure.

A binary compensation structure places an affiliate at the top of a two binary teams, left and right:


Positions in the binary represent affiliates who have purchased a package.

Commissions are paid out on the volume generated by affiliates purchasing packages, with 10% of the weaker side paid out.

The OneCoin compensation plan does not mention whether this is a daily, weekly or monthly payout.

Matching Bonus

A Matching Bonus is available on the binary earnings of recruited affiliates, payable down four levels of recruitment.

How many levels a OneCoin affiliate qualifies to receive the Matching Bonus on depends on how much they spent on a package:

  • Starter – no bonus available
  • Trader – 10% on level 1
  • Pro Trader – 10 on levels 1 and 2
  • Executive Trader – 10% on levels 1 and 2 and 20% on level 3
  • Tycoon Trader – 10% on levels 1 and 2, 20% on level 3 and 25% on level 4

OneLife Point Bonus

OneLife Points are accumulated by OneLife affiliates based on how much they spent on their own package, how many affiliates they’ve personally recruited and how many affiliates joined OneCoin after them (globally).

Points are awarded daily, with the OneCoin compensation plan stating that points can be exchanged ‘for attractive items – as unique holidays, luxury watches and other amazing and exclusive rewards‘.

No further specific information is provided.

Aurum Gold Coins

Bundled with OneCoin packages are “Aurum Gold Coins”.

Aurum Gold Coin is a hybrid currency, based in Dubai and a pioneer in the world of virtual currency.

OneCoin claim that

every Aurum Gold Coin is backed up with 1mg of solid gold.

This gold is physically stored in the gold vault in Dubai.

The amounts of Aurum Gold Coins alloted to each OneCoin package is as follows:

  • Starter – 50 coins
  • Trader – 250 coins
  • Pro Trader – 500 coins
  • Executive Trader – 1500 coins
  • Tycoon Trader – 2500 coins

I tried to independently verify this but nothing in particular came up for “Aurum Gold Coin”. As such, it appears to be a virtual currency exchange scheme within the OneCoin compensation plan.

The notion that there is a third-party company out there backing a virtual currency that OneCoin are literally giving away with actual gold is rather ridiculous.

Joining OneCoin

Affiliate membership to OneCoin is $30.

Affiliates must purchase a package however if they wish to participate in the MLM side of OneCoin.

This adds an additional 100 to 5000 EUR cost to affiliate membership, depending on which package is purchased:

  • Starter – 100 EUR
  • Trader – 500 EUR
  • Pro Trader – 1000 EUR
  • Executive Trader – 3000 EUR
  • Tycoon Trader – 5000 EUR

The primary difference between the packages is commission percentages paid out and tokens assigned to an affiliate (see conclusion of this review).


There are three primary component to the OneCoin MLM business opportunity.

The first is a simple recruitment-driven pyramid scheme, backed with a residual binary compensation structure.

Affiliates join OneCoin and are then directly compensated on the recruitment of new affiliates, who must spend money on packages to participate in the MLM opportunity.

The second is the whole Aurum Gold Coins schtick, which appears to be an alternative virtual currency to the OneTokens, and are backed by baloney.

The third and most secretive component is the OneCoin token share scheme.

OneCoin is a new cryptocurrency that can be traded on the OneExchange.

Details of the OneCoin token exchange are kept off the OneCoin website, with even the compensation plan only lightly going into details.

In a nutshell, based on how much an affiliate spends on a package, they are awarded a specific number of OneTokens.

  • Starter – 1000 tokens
  • Trader – 5000 tokens
  • Pro Trader – 10,000 tokens
  • Executive Trader – 30,000 tokens
  • Tycoon Trader – 60,000 tokens

These tokens are “traded” on what OneCoin refer to as the “OneExchange”.

Masquerading as a crypto-currency, OneCoin’s OneTokens are nothing more than Ponzi points, pegged to nothing more than the rate of new money flowing into the company via affiliates:

The more people join the OneCoin concept, the higher the popularity and value of the currency.

The more popular OneCoin is, the higher the value of the cryptocurrency.

As long as nobody exchanges their OneTokens for cash, OneCoin hold everybody’s money. If money flowing in slows down however, OneCoin implement what they refer to as “splits”.

Basically, everybody’s tokens multiply, which drives down the value of an individual token.

OneCoin are quite secretive about their OneExchange virtual currency trading platform, however one can safely assume ther’re withdrawal limits and restrictions on the amount of tokens an affiliate can “sell” over set periods of time.

In this sense OneCoin functions no differently to any other Ponzi points-based scheme, only they pretend to be involved in crypto-currencies.

In the US at least, OneCoin would easily fall foul of SEC regulation concerning the offering of unregistered securities. This is why the company purportedly does not operate there.

Not that Europe is any more welcoming of such scams, only that the anonymous owners are obviously hedging their bets against getting away with it by registering the company in Bulgaria.

Once new investment in packages stops and the completely arbitrary value assigned OneTokens goes into an irreversible spiral, those running the scheme will simply disappear.

Along with what’s left of everybody’s money.