iCoinPro, found online at iCoinPro.com, promises to provide a complete online training program. Find out how it works today in our review.
What Is iCoinPro?
iCoinPro aims to be the top source for education, information, and training for the cryptocurrency industry.
The website seems to advertise itself as an educational platform. In reality, however, it’s a pay-to-join multilevel marketing company. You pay a fee to join, continue paying a monthly fee, then convince other people to also join the company. You get a commission from their membership fee across 14 levels of your downline.
The iCoinPro claims you can expect to earn $32,766 using their 2×14 matrix. Since your membership fee is paid monthly, you earn money from your distributors every month.
Of course, just because iCoinPro is a multilevel marketing company doesn’t necessarily mean it’s a complete scam. Let’s take a closer look at the iCoinPro education system to determine whether or not it’s worth your money.
What Will You Learn Through iCoinPro?
iCoinPro doesn’t provide many specific details about its education program or why it’s worth a monthly subscription fee. The education program, based on the information we see online, provides a basic overview of the cryptocurrency industry. The main goal of the education program, however, is to convince you to refer other people to the iCoinPro platform. It’s almost like an advertisement for the iCoinPro platform instead of a legitimate training program.
The course is split into a Core Training portion – which provides a very basic overview of cryptocurrencies and bitcoin – as well as an Advanced Training portion – which goes into more detail about blockchain technology while covering specific altcoins like Ripple, Litecoin, NEM, and Monero.
The final phase of the program is called The Micro Profit System, which is where iCoinPro teaches you how to to make money by “buying the squeeze” and buying the dips.
Once you’ve completed the basic course, you’ll even get a certificate proving that you’re a cryptocurrency “expert”.
Here are some of the topics covered in the education program overall. This is what you get in exchange for your $40 per month membership:
- An introduction to bitcoin and cryptocurrencies
- Where and how to purchase bitcoin
- Important terminology from the cryptocurrency industry
- An introduction to bitcoin and cryptocurrency mining
- How to understand buy and sell signals
- An introduction to iCoinPro’s “Micro Profit Trading System”
- How to make money by lending cryptocurrencies
- Weekly video updates
Obviously, there are plenty of free resources online where you can understand bitcoin and cryptocurrencies, learn where to purchase bitcoin, and discover bitcoin mining. Overall, the information in iCoinPro doesn’t seem to provide any unique insight into the industry beyond what you can get on a free website.
iCoinPro’s website also mentions an iCoinPro app for Android and iOS. That app is listed as “coming soon”.
Overall, the education program provides a beginner’s introduction to the world of bitcoin, then convinces you that you can make $30,000+ per month through a multilevel marketing scheme.
How Does iCoinPro Work?
iCoinPro frequently mentions that its users can expect to earn $30,000 per month if they refer enough people to the platform. Like most multilevel marketing companies, iCoinPro dazzles gullible individuals with promises of easy money.
iCoinPro specifically advertises five different ways to get rich quick through their platform, including:
- Powerline Bonus
- Fast Start Bonuses
- Coded Infinity Fast Start Overrides
- Residual Income in a 2×14 Matrix
- Matching Bonuses
Ultimately, these moneymaking systems are similar to any other multilevel marketing company. You pay a monthly fee to stay active in the company, then convince other people to also pay that monthly fee.
Who’s Behind iCoinPro?
iCoinPro is led by Paul De Sousa (Founder and CEO) and Justin Clark (Trainer). Both have been involved with cryptocurrencies and marketing in the past, although the website features no specific details about either individual’s experience.
iCoinPro doesn’t list any further details about its experience in cryptocurrencies or network marketing. The company claims that it has no physical office, and the staff of 20+ people all work remotely.
A Google Search for Paul De Sousa returns very few results. There’s a Dr. Paul de Sousa who works as a neurological researcher at the University of Edinburgh. Aside from that, however, all Google search results for Paul De Sousa are related to iCoin Pro. There’s no information about his background or experience – like a LinkedIn page or other helpful info.
iCoinPro launched online in May 2017.
Like most multilevel marketing schemes, you’ll need to pay a hefty fee to join iCoinPro. There are 3 different membership levels, including:
- Monthly Membership: $39.95 per month
- 6 Month Membership: $229.95 every 6 months
- 12 Month Membership: $449.95 every 12 months
The prices above only give you access to the iCoinPro “education program”. If you want to make money by selling iCoinPro memberships to other people, then you’ll need to pay a one-time $40 “distributor activation fee”.
iCoinPro describes itself as “one of the most exciting companies in the world”. It’s not clear why the company is so exciting: basically, it’s a multilevel marketing company with a 2×14 matrix. You’ll need to pay $40 per month to stay active in the scheme.
The company claims to have an “education and training program”, although in reality, that program contains information you can get for free anywhere online. It doesn’t seem to provide any unique insight into the industry.
Ultimately, iCoinPro seems to be a membership-based multilevel marketing company. You pay a monthly fee, then convince other people to pay the monthly fee. If you can do this enough times, then you’ll make over $30,000 per month according to the official website.
To learn more about iCoinPro, visit the company online today at iCoinPro.com