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On its website, Coinaxium doesn’t publish any information about the company’s ownership or executives.

On March 11th, 2022, Coinaxium privately registered the domain name (“coinaxium.com”) for their website.

Beginning in June 2022, SimilarWeb reported increased traffic to Coinaxium’s website:

France (36 percent), the UK (21 percent), and Switzerland are the top three sources of traffic.

Always consider joining and/or giving any money to an MLM firm very carefully if it is not transparent about who owns or runs it.

Products of Coinaxium

Coinaxium offers no goods or services for sale in stores.

Only the Coinaxium associate membership itself may be promoted by affiliates.

The Compensation Plan for Coinaxium

Investors are drawn into many cryptocurrency Ponzi schemes by Coinaxium:

The first on the list is CoinAxium, a 250 percent ROI Ponzi scheme operated by internal AXIUM.

These further Ponzi schemes are included:

GokuMarket, a Ponzi scam that had a 250 percent ROI and was operated by wanted man Emile Simb Parfait, crashed on July 5th.

Ponzi scheme with a 120 percent ROI: Seederverse

The highlighted Ponzi schemes on Coinaxium accept investments in the form of $50 to $20,000 “packages”.

The MLM component of Coinaxium compensates for affiliate investor recruiting.

Ranks for CoinAxium Affiliates

The compensation structure of Coinaxium contains eleven affiliate tiers.

They are as follows, along with their qualifications requirements:

Become an affiliate of Coinaxium by paying VIP0.

VIP1: Put $50 into one of the highlighted Ponzi schemes on Coinaxium.

VIP2: Put $100 into one of the advertised Ponzi schemes on Coinaxium.

VIP3: Put $500 into one of the highlighted Ponzi schemes on Coinaxium.

VIP4: Put $1,000 into one of the highlighted Ponzi schemes on Coinaxium.

VIP5: Invest $2000 in one of the highlighted Ponzi scams on Coinaxium.

VIP6: Put $5,000 into one of the highlighted Ponzi schemes on Coinaxium.

VIP7: Invest $7000 in one of the advertised Ponzi schemes on Coinaxium.

VIP8: Invest $10,000 in one of the highlighted Ponzi schemes on Coinaxium

VIP9: Invest $15,000 in one of the highlighted Ponzi scams on Coinaxium.

VIP10: Invest $20,000 in one of the highlighted Ponzi schemes on Coinaxium.

The 120-day qualification period for a Coinaxium affiliate is noted.

Reinvestment is necessary to rank qualified once more after 120 days.

Advisory Commissions

A portion of the money invested by personally recruited affiliates goes to Coinaxium affiliates:

Affiliates with a VIP0 ranking are paid a referral fee of 2%.

Affiliates in the VIP1 category are paid a referral fee of 4%.

Affiliates that are classified VIP2 receive a referral commission of 4.5 percent.

Affiliates in the VIP3 category are paid a referral commission of 5%.

Affiliates in the VIP4 tier are paid a referral commission of 5.5 percent.

Affiliates in the VIP5 get a referral commission of 6%.

Affiliates that are classified VIP6 receive a referral commission of 6.5 percent.

Affiliates that are classified VIP7 receive a referral commission of 7%.

Affiliates that are classified VIP8 receive a referral commission of 8%.

Affiliates that are classified VIP9 receive a 9 percent referral commission.

Affiliates that are rated in the VIP10 receive a 10% referral commission.

Recurring Commissions

The remaining commissions are paid by Coinaxium using a unilevel compensation scheme.

An affiliate is put at the head of a unilevel team in a unilevel pay system, and each affiliate they recruited is positioned immediately under them (level 1):

New affiliates brought on by any level 1 affiliates are added to the original affiliate’s unilevel team at level 2.

If any level 2 affiliates bring on new affiliates, they are promoted to level 3, and so on down a theoretically endless number of levels.

50 uni-level team levels can get a maximum of 10% of the invested funds as residual commissions.

Affiliates with VIP0 receive a recurring commission of 2% on one level (personally recruited affiliates)

Affiliates in VIP1 receive a 4% residual commission over five tiers.

Over 10 levels, VIP2 affiliates get a 4.5 percent residual income.

Over fifteen tiers, VIP3 affiliates are paid a residual commission of 5%.

Over twenty tiers, VIP4 affiliates get a residual fee of 5.5 percent.

Over 25 levels, VIP5 affiliates receive a residual commission of 6%.

Over thirty tiers, VIP6 affiliates are paid a residual payment of 6.5 percent.

Over 35 levels, VIP7 affiliates receive a residual commission of 7%.

Affiliates of VIP8 receive a 40-level residual commission of 8%.

Over 45 levels, VIP9 affiliates make a 9 percent residual revenue.

Affiliates of VIP10 receive a residual commission of 10% across fifty tiers.

The remaining commission rates are coded, which means that 10 percent is paid on each investment made in Coinaxium.

Affiliates that promote VIP10 get the full 10% of each investment made by affiliates they recommend.

Calculating residual commissions involve comparing higher and lower rankings.

E.g. An affiliate who invests is acquired by a VIP5 affiliate. They make a residual commission of 6% at VIP5, leaving 4% to be paid out (10 percent minus 6 percent ).

The algorithm then looks upline for an affiliate that is ranked VIP6 or above.

0.5 percent (6.5 percent less than the 6 percent previously distributed) is paid to a VIP6 if they are located first, leaving 3.5 percent to pay upline to a VIP7 and/or higher rated affiliates.

If a VIP7 is discovered first, they are compensated with 1% (7% less the 6% that have already been distributed), leaving 3% to pay upline to VIP8 and/or higher rated affiliates.

If a VIP8 is discovered first, they are compensated with 2% (8% less the 6% that have already been distributed), leaving 2% to pay upline to VIP9s and/or higher ranking affiliates.

After receiving their respective 9 percent and 10 percent rank payments, VIP9 and VIP10 are rewarded in the same way.

Keep in mind that if a VIP10 affiliate is discovered, they are given the entire sum that is due to be paid out.

enrolling in Coinaxium

The Coinaxium affiliate program is free to join.

The associated income opportunity demands an investment of $50 to $20,000 every 180 days to participate fully.

Coinaxium Conclusion

Described in its advertising as a

A go-to marketplace that is safe and secure for everyone, from a novice to an expert user.

When it comes to Ponzi scams, nothing is secure. In actuality, whoever is in charge of the website uses Coinaxium as a downline feeder.

I’m not clear if Coinaxium investment packages are manually transferred from the admin’s back-office or if they are immediately put into the third-party Ponzis.

In any case, the owner of Coinaxium gains from every investment made in a Ponzi scheme through Coinaxium in addition to the MLM reward plan.

Again, the proprietor of Coinaxium stands to make the most from the MLM portion of the company, which operates like a pyramid scheme.

The Ponzi scam run by Coinaxium is the standard staking rubbish (invest in a shitcoin, park it with the company and receive more of the shitcoin).

The BEP-20 shitcoin AXIUM. Shitcoins like BEP-20 operate on the Binance Smart Chain. They are inexpensive to set up and just take a few minutes.

Its own Ponzi will continue as long as there is invested cryptocurrency to steal, much like the third-party Ponzis that Coinaxium promotes (AXIUM itself is worthless).

Math assures that the majority of investors in any Ponzi scheme will lose money, whether it is Coinaxium’s own Ponzi or the third-party frauds that are pushed.

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