PagareX provide no information on their website about who owns or runs the business.

The PagareX website domain (“”) was privately registered on December 6th, 2017.

As always, if an 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.

PagareX Products

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

The PagareX Compensation Plan

PagareX affiliates acquire pre-generated PGX points from the company’s owners.

PGX points are sold to PagareX affiliates for between $1 and $2.50.

Once acquired, PGX points are “lent” back to the company on the promise of a monthly ROI of up to 48%.

  • invest $100 to $1000 and receive a monthly ROI for 250 days
  • invest $1010 to $5000 and receive a monthly ROI plus 0.15% daily bonus ROI for 200 days
  • invest $5010 to $10,000 and receive a monthly ROI plus 0.25% daily bonus ROI for 125 days
  • invest $10,010 to $100,000 and receive a monthly ROI plus 0.3% daily bonus ROI for 100 days

PagareX affiliates are encouraged to park their coins in PagareX in exchange for bonus PGX points:

  • first six months = 10% PGX point bonus a month
  • months 7 to 12 = 8% PGX point bonus a month
  • months 13 to 18 = 7% PGX point bonus a month
  • months 19 to 24 =  5% PGX point bonus a month
  • months 25 to 30 = 3% PGX point bonus a month
  • months 31 to 36 = 10% PGX point bonus a month

Referral commissions are paid out 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.

PagareX cap payable unilevel levels at ten, with commissions paid out as a percentage of funds invested across these ten levels:

  • level 1 (personally recruited affiliates) – 10%
  • level 2 – 5%
  • levels 3 and 4 – 2.5%
  • levels 5 to 10 – 1%

A 5% matching bonus is paid on referral commissions generated by personally recruited affiliates.

Joining PagareX

PagareX affiliate membership is free, however free affiliates can only earn referral commissions.

Full participation in the PagareX MLM opportunity requires a minimum $100 investment.


PagareX claim to generate ROI revenue through bitcoin trading.

If a user decides to invest in Lending, PagareX coins in their wallet will be borrowed by the PagareX platform.

These coins are then utilised to purchase Bitcoins when the price is low and sell them when the price increases to a higher level.

This is where the profit comes from.

If PagareX are already able to derive a profit from bitcoin trading, this raises the question of why they need to solicit investment from randoms over the internet?

PGX as a cryptocurrency brings nothing new to table and is just another “me too altcoin”.

Despite this, PagareX are stringing gullible investors along on the usual promise of riches:

The sooner you invest, the lower the price of the coin, and then you’re simply able to watch it rise in value.

As it stands there is no evidence of PagareX trading bitcoin, or using trading profit to generate a monthly ROI of up to 48%.

The only verifiable source of revenue entering PagareX is newly invested funds.

Using newly invested funds to pay existing affiliates a monthly base ROI of up to 48% makes PagareX a Ponzi scheme.

Lending ICO Ponzis like PagareX play out as follows:

Admins (who are typically anonymous) offload worthless pre-generated points in exchange for real money. In this case it’s PGX points.

The admins then use some of this money to pay promised ROIs for as long as new affiliates sign up.

Once affiliate recruitment dries up so does the ROI reserve.

When a predetermined threshold is reached, the anonymous PagareX admins pull a runner with what’s left.

Early PagareX investors make a bit of money (mostly via recruitment of new investors). But same as any other Ponzi scheme, the reality of such scams is that the majority of participants eventually lose money.