Is Snapcoin legit? - Seedly
 

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Asked by Anonymous

Asked on 02 Apr 2019

Is Snapcoin legit?

Snapcoin, a digital platform for people to save when spending.They also claim to have a method to earn lots of money through "members" packages. The member will need to sign up and pay a upfront deposit and recruit more people, where each member who pays an amount of money, a certain percentage will be given back to the recruiter. Is this legit? It sounds like MLM but they deny that their scheme is MLM, they even have lawyer letters and prove? Not sure if it is true. Anyone knows more about it?

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CS
C S
Level 3. Wonderkid
Answered 2w ago

If it quacks like an MLM and walks like an MLM, it probably is an MLM :D

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Its a program with a MLM structure claiming savings on spending with a cryptocurrency name. Its like all the warning signs wrapped into one.

Stay away.

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