Geniex: Legit Crypto or Ponzi Scam? [2022 Review]

Lately there has been a lot of attention towards this latest cryptocurrency market to pop up and in this review, I will take you through the company, its products and its compensation plan.

This will enable you the user to make an informed decision whether to join the company or not.

Before I start…

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Geniex Review

Table of Contents

What Is Geniex?

Geniex is a company whose main focus is the development and use of trading robots to generate profits from cryptocurrency transactions.

Other platforms that have the same model are Cryptologic Trading Robot and Algo Trading Robot.

With the help of unique algorithms, the specialists of the fund make a profit from trading with cryptocurrencies.

The company is also engaged in the development and provision of security software for trading bots.

Who is behind Geniex?

The owner of the company is unknown and so are the names of the other admins.

The company is registered in Great Britain and they do have an address on their website: Tallis House, 2 Tallis Street, London, England, EC4Y 0AB.

What products does Geniex offer?

Geniex doesn’t offer any retail products or services, but it provides an adaptive and profitable affiliate program for a long term partnership.

The company is making the systematic development of their own token and cryptocurrency coins and their promotion.

It’s not publicly traded and you can only buy it from Geniex platform for $1 for 1 Geniex token. Geniex plans on releasing this new coin on Pancakeswap where one can use MetaMask or Binance Chain wallet.

How Geniex works

Geniex has a high-yield tariff offering of 4.5 daily for 33. The fund allows the depositors to decide on the period of cooperation, as the system has a function of early withdrawal of investments.

It is free to join as an affiliate. However, if you want to be part of the investment opportunity you must invest at least $40.

Geniex works with Perfect Money, Tether, Bitcoin, Binance, Litecoin, Dash, Ripple, Dogecoin and Tron.

There is a minimum investment amount offered for different for various cryptocurrency coins:

BTC – 0.0025
BNB – 0.1
Litecoin – 0.2
Tron – 400
Tether – 50 USDT
PM – 40 USD
Ripple – 50
Dogecoin – 150
Dash – 0.2.

There are also set minimum withdrawal amounts for each of the coins:

BTC – 0.00025
BNB – 0.0025
Litecoin – 0.015
Tron – 15
Tether – 5 USDT
PM – 2 USD
Ripple – 5
Dogecoin – 10
Dash – 0.02.

All balance withdrawals will be processed immediately. Only the principal return and token requests are processed up to 48 hours.

You can create request for return of your principal at any time with a 15% tokens fee or receive it automatically without any fees daily for 33 days.

How to join Geniex

Joining the company is quite easy. All you need to do is to go to the main page then go through the registration form and fill it to get access to the personal account of the depositor.

Enter some information into the registration form necessary to identify you as a unique user in the system. You will need to specify a login, mail address, password and then press the register button and you will have your account.

After registration in your personal account, you can create an investment through the section and make a deposit in the site. In it, you fill out an application for the deposit, in which you specify the payment system, the amount of the deposit and press the Create deposit button.

You can send the profit from your account to your wallet through the Withdrawal section. There you should create a standard application indicating the amount of transaction.

Geniex Compensation Plan

The investment platform provides one tariff, for which the minimum deposit amount is $40.

The depositors are offered to receive a daily profit of 4.5% for an investment period of 33 days.

Having paid a commission of 15%, you can withdraw the money invested. This percentage is recouped after 4 days from the date of opening a deposit. If the money is not requested for withdrawal, over the entire period it will be possible to earn 148.5% profit.

Here is a summary:

Profitability: 4.5% per day
Deposit activity period: 33 days
Deposit amount: from $40
Deposit withdrawal: at any time with the commission of 15%
Net income: 148.5%

AFFILIATE PROGRAM

Geniex has affiliates invest into the company on a promise they will get a guaranteed profitable marketing program where they earn from marketing geniex.

The allowed minimum withdrawal is $2. Other limits apply to various cryptocurrencies. You can withdraw profits instantly after creation of the request.

Geniex has two sets of affiliate commission rates for deposits and income.

The commissions are paid as a percentage on the deposits and income of your downline members through a three tier uni-level compensation plan.re as follows:

Deposit Commissions

Level 1 – 4%
Level 2 – 2%
Level 3 – 1%

Income commissions

Level 1 – 7%
Level 2 – 4%
Level 3 – 2%

Pros of Geniex

Their SSL certificate is valid. Most professional companies use an SSL certificate to encrypt communication between your computer and their website.
The website is trusted by Trend Micro

Cons of Geniex

The owner of the website is using a service to hide their identity on WHOIS and is therefore unknown.
This website is very young and new
The Geniex website is not optimized for search engines like Google and Bing. Several items are missing, which most websites implement to make sure they can be found by search engines.
There are many claims that Geniex is a high yield investment program which makes it high risk as it may crash or disappear at any time
They do not offer instant withdrawals.

Geniex Reviews

Geniex has 3.8 out of 5 star rating on Trustpilot. Most of the company’s positive reviews are from its affiliates.

Here are some of the reviews:

Scam!!! They will succeed in convincing you with their tricks to believe them and put your hard earned sum by promising you 100% guarantee and at the end you will end up getting nothing and they keep demanding high fees when you ask for a withdrawal they can never keep to their promise after convincing you to invest a huge sum amount with them. I went ahead to seek help to claim my lost funds back. Luckily for me I came across a testimony of a victim who was able to recover back his stolen asset online with the help of a binary option recovery expert, Agent Alexanders who is an expert in recovery of any online stolen asset, and to my greatest surprise, i reached out to him and laid my complain, and he took my case and him and his team was able to recover back my money and get it refunded back to me via an online banking platform which was reliable and trusted for funds withdrawal service, and my life was restored. I barely share my problem with anyone, because i thought i lost it all. I am sharing this because I did not believe I could recover my geniex payment and API payment back, and also to serve as an opportunity to anyone who has fallen victim. If you have already had an encounter with them, you can feel free to seek help from the recovery team through his private email address, agentalexanders@gmail.com, if you have similar issues withdrawing your funds, you still stand 100% chance of getting your money back, likewise me.

– Linda Robertson

It was paying for the first 10 days of the cycle then then stopped paying… scammers

-Hussain Zaqqout

SCAM 100%. SCAM. Keep and hold your money. Don’t invest in thus site. Trust me.

-Ellu Merner

It is PURE SCAM guys BEWARE. They run away after 50 days, Curse on them !

-Valentin Rosier

Is Geniex legit?

According to the information I have found, this does not seem like an investment platform I would recommend.

An online investment can give you a high return on profit. But remember that you run the risk of losing money from an investment project.

The company does not offer any information about the owner and this in itself is a huge red flag as they ask for investments of between $40- $100000

If Geniex was really bringing in 4.5% daily returns for 33 days, it wouldn’t need affiliates or an investment plan that starts at $40. This is also another alarming thing about this investment platform.

Furthermore, this company claims to generate high returns to affiliates through crypto trading robots but there is no proof of that happening.

Based on all the information presented, I personally would not recommend this company since the cons outweigh the pros and most reviews we’ve seen are not positive.

Whoever might want to give it a try should proceed with great caution and be wise when investing their money in this program.

Before you leave

If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.

It’s helped me earn over $300,000 in the last 12 months alone:

Go here to see my no.1 recommendation for making money online

(This is a 100% free training)

David Fortune

David Fortune has been the editor NoBSIMReviews.com since 2019. He is an expert at writing content on stock advisory services, side hustles, reviewing online business opportunities and many more topics. You can learn more about David on our about us page.

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