Quinex Review: Trading bot ruse MLM crypto Ponzi
Quinex operates in the MLM cryptocurrency niche. The company does not provide a corporate address on its website.
Heading up Quinex we have “Sebastian Abrego“:
Abrego is represented by a man claiming to be 55 years old and living in Panama.
Panama alone would be a red flag but Abrego doesn’t exist outside of Quinex. This makes Abrego a prime Boris CEO candidate.
Boris CEO schemes, where actors are hired to play executives, are typically run by eastern European scammers (Russia, Ukraine and/or Belarus).
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.
Quinex’s Products
Quinex has no retailable products or services.
Promoters are only able to market Quinex promoter membership itself.
Quinex’s Compensation Plan
Quinex promoters invest $100 to $500,000 USD equivalents in cryptocurrency.
This is done on the promise of advertised returns, based on how long a Quinex promoter invests for:
- Quick Returns – invest for 15 days and receive 0.9% to 1.1% a day
- Balanced Growth – invest for 30 days and receive 1.2% to 1.4% a day
- Steady Profits – invest for 60 days and receive 1.5% to 1.7% a day
- Maximum Returns – invest for 90 days and receive 1.8% to 2% a day
The MLM side of Quinex pays on recruitment of promoter investors.
Quinex Promoter Ranks
There are eleven promoter ranks within Quinex’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Starter – sign up as a Quinex promoter
- Builder – invest $100 or more and generate $1000 in downline investment
- Influencer – invest $200 or more and generate $5000 in downline investment
- Promoter – invest $500 or more and generate $15,000 in downline investment
- Coordinator – invest $1000 or more and generate $50,000 in downline investment
- Leader – invest $2500 or more and generate $80,000 in downline investment
- Senior Leader – invest $5000 or more and generate $150,000 in downline investment
- Director – invest $10,000 or more and generate $250,000 in downline investment
- Regional Director – invest $25,000 or more and generate $500,000 in downline investment
- Executive – invest $50,000 or more and generate $1,000,000 in downline investment
- Ambassador – invest $75,000 or more and generate $1,750,000 in downline investment
The MLM side of Quinex pays on recruitment of promoter investors.
Referral Commissions
Quinex pays referral commissions via a unilevel compensation structure.
A unilevel compensation structure places a promoter at the top of a unilevel team, with every personally recruited promoter placed directly under them (level 1):
If any level 1 promoters recruit new promoters, they are placed on level 2 of the original promoter’s unilevel team.
If any level 2 promoters recruit new promoters, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Quinex caps payable unilevel team levels at eight.
Referral commissions are paid as a percentage of cryptocurrency invested across these eight levels based on rank:
- Starters earn 3% on level 1 (personally recruited promoters) and 1% on levels 2 and 3
- Builders earn 4% on level 1, 2% on level 2 and 1% on level 3
- Influencers earn 5% on level 1, 2% on level 2, 1% on level 3 and 0.2% on level 4
- Promoters earn 6% on level 1, 3% on level 2, 1% on level 3 and 0.5% on level 4
- Coordinators earn 6% on level 1, 3% on level 2, 2% on level 3, 0.5% on level 4 and 0.1% on level 5
- Leaders earn 7% on level 1, 3% on level 2, 2% on level 3, 1% on level 4 and 0.2% on level 5
- Senior Leaders earn 7% on level 1, 4% on level 2, 2% on level 3 and 1% on levels 4 and 5
- Directors earn 8% on level 1, 4% on level 2, 3% on level 3, 2% on level 4, 1% on level 5 and 0.1% on level 6
- Regional Directors earn 8% on level 1, 5% on level 2, 4% on level 3, 2% on levels 4 and 5 and 0.5% on level 6
- Executives earn 9% on level 1, 5% on level 2, 4% on level 3, 3% on level 4, 2% on level 5, 1% on level 6 and 0.2% on level 7
- Ambassadors earn 10% on level 1, 5% on level 2, 4% on level 3, 3% on level 4, 2% on levels 5 and 6, 1% on level 7 and 0.5% on level 8
Rank Achievement Bonuses
Quinex rewards promoters for qualifying at Builder and higher with one-time Rank Achievement Bonuses.
- qualify at Builder and receive $50
- qualify at Influencer and receive $250
- qualify at Promoter and receive $1000
- qualify at Coordinator and receive $2500
- qualify at Leader and receive $7500
- qualify at Senior Leader and receive $20,000
- qualify at Director and receive $50,000
- qualify at Regional Director and receive $100,000
- qualify at Executive and receive $250,000
- qualify at Ambassador and receive $500,000
Joining Quinex
Quinex promoter membership is free.
Full participation in the attached income opportunity requires a minimum $100 investment.
Quinex Conclusion
Quinex represents it generates external revenue via “AI-powered arbitrage bots”;
Quinex is a crypto platform that uses AI-powered arbitrage bots to deliver stable daily profits.
No verifiable evidence of Quinex generating external revenue of any kind is provided.
Furthermore Quinex’s business model fails the Ponzi logic test.
If Quinex already has AI trading bots legitimately generating 1.8% to 2% a day on a consistent basis, what does it need your money for?
As it stands, the only verifiable source of revenue entering Quinex is new investment.
Using new investment to pay ROI withdrawals would make Quinex a Ponzi scheme.
As with all MLM Ponzi schemes, once promoter recruitment dries up so too will new investment.
This will starve Quinex of ROI revenue, eventually prompting a collapse.
Math guarantees that when a Ponzi schemes collapses, the majority of participants lose money.
