When I added Crypster to our review list, the company was operating from two domains; “crypster.eu” and “crypster.rocks”.

The EU domain has since been abandoned. The ROCKS domain is still up but not accessible through a US IP address.

Crypster’s website provides no information on who owns or runs the business.

Crypster marketing videos feature Volker Wainig, who on LinkedIn identifies himself as Crypster’s founder.

According to his LinkedIn profile, Wainig (right) is based out of Austria.

Prior to founding Crypster, Wainig was Executive Sales Chief for Trevo and CEO of the FlexKom pyramid scheme’s US division.

Read on for a full review of the Crypster MLM opportunity.

Crypster Products

Crypster has no retailable products or services, with affiliates only able to market Crypster affiliate membership itself.

The Crypster Compensation Plan

Crypster affiliates sign up and invest 0.01 to 1 BTC, on an advertised 4% weekly average ROI.

On average, we have produced 4% for our Crypsters every week!

Commissions are paid when Crypster affiliates convince others to invest.

Crypster pays commissions via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

Crypster caps payable unilevel team levels at five. Note that only level 1 is available to new affiliates.

Levels 2 to 5 of the unilevel team must be unlocked as per the following qualification criteria:

  • level 2 – generate 1 BTC of investment across level 1 of your unilevel team (personally recruited affiliates)
  • level 3 – generate 5 BTC of investment across levels 1 and 2 of your unilevel team (no more than 2.5 BTC counted from any one unilevel leg)
  • level 4 – generate 10 BTC across levels 1 to 3 of your unilevel team (no more than 5 BTC counted from any one unilevel leg)
  • level 5 – generate 20 BTC across levels 1 to 4 of your unilevel team (no more than 10 BTC from any one unilevel leg)

Once qualified for, Crypster pays commissions on up to five unilevel team levels as follows:

  • level 1 (personally recruited affiliates) – 8%
  • levels 2 to 5 – 4%

Joining Crypster

Crypster affiliate membership is tied to a 0.01 to 1 BTC investment.

Conclusion

Crypster offers a passive investment opportunity, with returns purportedly derived via “digital currency trading”.

Crypster is the platform of choice for ordinary people getting involved in digital currency trading.

Crypster provides investors and the public with no specifics on its trading activities.

Furthermore Crypster’s passive investment opportunity quite obviously constitutes a securities offering.

Crypster affiliates sign up, dump money into the company and then collect a passive return.

We are also a platform for “Crowd-Trading” – meaning that our community can trade your assets for you, sharing the resulting profits.

You don’t have to actively engage in trading yourself, just watch how your assets grow in weekly trade sprints!

Crypster provides no indication it is registered to offer securities in any jurisdiction it solicits investment in.

In Volker Wainig home country Austria, securities are regulated by the Financial Market Authority.

In addition to securities fraud, Crypster also engages in pyramid fraud by way of recruitment commissions.

100% of Crypster’s MLM opportunity is tied to investor recruitment. Nothing is marketed or sold to retail customers.

At best Crypster is an illegal securities offering, at worst it’s yet another MLM crypto Ponzi scheme.

Either way, once affiliate recruitment dies down so too will new investment.

Given the high probability Crypster, one some level, is simply recycling newly invested funds, this will likely prompt a collapse.

The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.