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Here at The Finance Guy, we believe you can’t make money with MLM, but we are willing to be proven wrong! USI-Tech is a technology company, based in Dubai, which specializes in automated trading software. For 600 Euros, you could have purchased a lifetime access to their foreign exchange robot trader, which plugs into the popular MT4 trading platform. We understand that as of November 2017, this product is no longer being sold to new members. In March 2017, USI-Tech released their bitcoin package, which enables clients to automate their mining and trading of Bitcoin.
These payments are a combination of any profits generated and your original capital. These returns are after all fees charged. You’d struggle to find a better rate of return in the current investment market. We watched a video about the USI bitcoin package, which explains how it works. Profits are made from mining alt coins and daily arbitrage trading of Bitcoin. Arbitrage trading involves trading Bitcoin on several exchanges and taking advantage of any differences in the price of Bitcoin between exchanges. If you are new to cryptocurrencies, then this probably sounds like some sort of foreign language.
Mining is the infrastructure of any cryptocurrency. Miners provide the computing power to maintain the integrity of the currency. Miners can confirm transactions and accept any changes made to the currency through a ‘consensus’ system. As an investor, what you really want to know, is that mining cryptocurrencies can be profitable. Miners earn an allocation of cryptocurrency every time they are the first to successfully solve an equation for new coins.
The supply of cryptocurrencies is increased at a controlled rate, and newly minted coins are distributed to miners. We assume that they convert the alt coins to Bitcoin which is then paid out to investors who hold Bitcoin packages. The other way to potentially earn income from USI-Tech, is from their MLM referral system. Unlike any MLM we have looked at before, you can earn Bitcoin with USI-Tech without spending any of your own money. This is because they allow you to join USI-Tech for free.