TRC Trade Review: Trading ruse “click a button” app Ponzi
TRC Trade fails to provide ownership or executive information on its website.
TRC Trade’s website domain (“trctrade.net”), was privately registered on April 14th, 2024.
Despite only existing for about a month, on its website TRC Trade falsely claims it has been around “since 1989”.
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.
TRC Trade’s Products
TRC Trade has no retailable products or services.
Affiliates are only able to market TRC Trade affiliate membership itself.
TRC Trade’s Compensation Plan
TRC Trade affiliates invest tether (USDT). This is done on the promise of advertised returns:
- VIP1 – invest 30 to 299 USDT and receive 2.5% to 2.8% a day
- VIP2 – invest 300 to 799 USDT and receive 2.8% to 3.2% a day
- VIP3 – invest 800 to 1499 USDT and receive 3.2% to 3.7% a day
- VIP4 – invest 1500 to 3000 USDT and receive 3.7% to 4.3% a day
TRC Trade pays referral commissions on invested USDT down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 16%
- level 2 – 8%
- level 3 – 3%
Joining TRC Trade
TRC Trade affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 30 USDT investment.
TRC Trade Conclusion
TRC Trade is yet another “click a button” app Ponzi scheme.
TRC Trade’s “click a button” Ponzi ruse is trading.
The presented ruse is TRC Trade affiliates log in and click a button (the more invested the more the button needs to be clicked).
Clicking the required number of buttons each day purportedly is tied to trading. TRC Trade represents it shares a percentage of generated trading profit with affiliate investors.
If that makes no sense it’s because it doesn’t. Randoms clicking a button in an app doesn’t trigger quantitative trading.
In reality clicking a button inside TRC Trade does nothing. All TRC Trade does is recycle newly invested funds to pay earlier investors.
TRC Trade is part of a group of “click a button” app Ponzis that have emerged since late 2021.
Examples of already collapsed “click a button” app Ponzis using the same quantitative trading ruse include Suntons, Cloud Computing and Liska.
Including TRC Trade, BehindMLM has thus far documented over a hundred “click a button” app Ponzis. Most of them last a few weeks to a few months before collapsing.
“Click a button” app Ponzis disappear by disabling both their websites and app. This tends to happen without notice, leaving the majority of investors with a loss (inevitable Ponzi math).
The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.
Update 1st July 2024 – TRC Trade has collapsed. As at the time of this update TRC Trade’s website is no longer accessible.
