Quwiex offers no credible possession or government info on its web site.

A go to to Quwiex’s official YouTube channel reveals this actor enjoying CEO “George Bennet”.

The actor enjoying Bennet speaks with an japanese European accent. He’s a stable Boris CEO candidate.

The advertising video itself is the same old affair; rented workplace, actors, Quwiex branded mugs and flags – the drill.

Versus your typical Boris CEO, the actor enjoying Bennet may really be in on the rip-off.

Boris CEO schemes are sometimes the work of Russian or Ukrainian scammers. Over time they’ve develop into much less efficient with potential English talking victims.

To that finish Alexa ranks prime sources of site visitors to Quwiex’s web site as Algeria (28%), Egypt (16%) and Vietnam (15%).

In an try to seem official, Quwiex represents it’s primarily based out of New Zealand.

The New Zealand handle supplied on Quwiex’s web site belongs to Regus, a digital workplace service provider.

For sure Quwiex has no ties to New Zealand.

This may be moreover verified by way of Quwiex’s Christmas video.

The video options Bennet edited right into a Zoom name. He then reads off a script, standing in entrance of a inexperienced display screen workplace Christmas social gathering.

Extra importantly, the video was shot someplace within the northern hemisphere and encompasses a snowy panorama.

New Zealand is within the southern hemisphere. It’s nicely into summer season by the point Christmas rolls round.

The automotive in Quwiex’s video has Norwegian plates. Notice nevertheless that these are simply faked. We noticed this with Viseming, one other Boris CEO rip-off that collapsed late final yr.

Quwiex’s web site area (“quwiex.com”), was registered on September fifteenth, 2021. George Bennet is listed because the proprietor, by way of the Regus digital workplace handle in New Zealand.

As all the time, if an MLM firm just isn’t overtly upfront about who’s operating or owns it, assume lengthy and exhausting about becoming a member of and/or handing over any cash.

Quwiex’s Merchandise

Quwiex has no retailable services or products.

Associates are solely capable of market Quwiex affiliate membership itself.

Quwiex’s Compensation Plan

Quwiex associates make investments tether (represented as USD), bitcoin or ethereum on the promise of marketed returns.

USD (tether) funding

• Kron Mild – make investments $20 to $499 and obtain 1% to 1.4% a day for 15 days
• Kron Max – make investments $500 to $2999 and obtain 1.4% to 1.7% a day for 25 days
• Kron Professional – make investments $3000 to $14,999 and obtain 1.7% to 2.1% a day for 35 days
• Evr Mild – make investments $15,000 to $49,999 and obtain 1.9% to 2.13% a day for 45 days
• Evr Max – make investments $50,000 to $249,999 and obtain 2.1% to 2.6% a day for 55 days
• Evr Professional – make investments $250,000 to $1,000,000 and obtain 2.4% to three% a day for 65 days
• Fort Max – make investments $20 to $49,999 and obtain 4% a day for 180 days
• Fort Professional – make investments $50,000 to $1,000,000 and obtain 5% a day for 180 days

Bitcoin funding

• Montae Mild – make investments 0.01 to 0.5 BTC nad reveive 2.2% to 2.8% a day for 100 days
• Montae Max – make investments 0.5 to five BTC and obtain 2.5% to three.1% a day for 100 days
• Montae Professional – make investments 5 to 25 BTC and obtain 2.8% to three.5% a day for 100 days

Ethereum funding

• Muntae Mild – Make investments 0.1 to 10 ETH and obtain 2.2% to 2.8% a day for 100 days
• Muntae Max – make investments 10 to 100 ETH and obtain 2.5% to three.1% a day for 100 days
• Muntae Professional – make investments 100 to 500 ETH and obtain 2.8% to three.5% a day for 100 days

The MLM aspect of Quwiex pays on recruitment of affiliate buyers.

Quwiex Affiliate Ranks

There are twelve affiliate ranks inside Quwiex’s compensation plan.

Together with their respective qualification standards, they’re as follows:

• Status I – enroll as a Quwiex affiliate
• Status II – generate $20,000 in downline funding quantity
• Status III – generate $80,000 in downline funding quantity
• Status IV – generate $200,000 in downline funding quantity
• Status V – generate $500,000 in downline funding quantity
• Status VI – generate $1,000,000 in downline funding quantity
• Status VII – generate $3,000,000 in downline funding quantity
• Status VIII – generate $7,000,000 in downline funding quantity
• Status IX – generate $15,000,000 in downline funding quantity
• Status X – generate $25,000,000 in downline funding quantity
• Status XI – generate $50,000,000 in downline funding quantity
• Status XII – generate $100,000,000 in downline funding quantity

Notice that the above greenback quantities are calculated on USD equivalents of invested tether, bitcoin and ethereum.

Referral Commissions

Quwiex pays referral commissions by way of a unilevel compensation construction.

A unilevel compensation construction locations an affiliate on the prime of a unilevel crew, with each personally recruited affiliate positioned straight beneath them (degree 1):

If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel crew.

If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.

Quwiex caps payable unilevel crew ranges at fifteen.

Referral commissions are paid out as a proportion of funds invested throughout these fifteen ranges primarily based on rank:

• Status I ranked associates earn 6% on degree 1 (personally recruited associates), 2% on degree 2 and 1% on ranges 3 and 4
• Status II ranked associates earn 7% on degree 1, 3% on degree 2 and 1% on ranges 3 to five
• Status III ranked associates earn 7% on degree 1, 3% on degree 2, 2% on degree 3 and 1% on ranges 4 to six
• Status IV ranked associates earn 8% on degree 1, 3% on degree 2, 2% on degree 3, 1.5% on degree 4, 1% on ranges 5 and 6 and 0.5% on degree 7
• Status V ranked associates earn 9% on degree 1, 3% on degree 2, 2% on ranges 3 and 4, 1% on ranges 5 and 6 and 0.5% on ranges 7 and eight
• Status VI ranked associates earn 9% on degree 1, 3% on degree 2, 2% on ranges 3 and 4, 1% on ranges 5 to 7 and 0.5% on ranges 8 and 9
• Status VIII ranked associates earn 9% on degree 1, 4% on degree 2, 2% on ranges 3 and 4, 1.5% on degree 5, 1% on ranges 6 to eight and 0.5% on ranges 9 to 11
• Status IX ranked associates earn 10% on degree 1, 4% on degree 2, 3% on ranges 3 and 4, 2% on degree 5, 1.5% on degree 6, 1% on ranges 7 to 10 and 0.5% on ranges 11 and 12
• Status X ranked associates earn 11% on degree 1, 5% on degree 2, 3% on ranges 3 and 4, 2% on ranges 5 to 7, 1% on ranges 8 to 10 and 0.5% on ranges 11 to 13
• Status XI ranked associates earn 12% on degree 1, 5% on degree 2, 4% on degree 3, 3% on degree 4, 2% on ranges 5 to 7, 1% on ranges 8 to 10 and 0.5% on ranges 11 to 14
• Status XII ranked associates earn 12% on degree 1, 6% on degree 2, 4% on degree 3, 2% on ranges 5 to 7 and 1% on ranges 8 to fifteen

Becoming a member of Quwiex

Quwiex affiliate membership is free.

Full participation within the connected earnings alternative requires a minimal preliminary funding of $20 in tether, 0.01 BTC or 0.1 ETH.

Quwiex Conclusion

Quwiex is your typical Boris CEO Ponzi scheme. Its ruse of selection is “the perfect crew of merchants”.

In 2021, our firm and our merchants performed greater than 540 000 profitable trades and made a revenue, that is our proof that our buying and selling methods carry success not solely to us, but additionally to our shoppers, and we’re all the time engaged on and enhancing it.

There isn’t a proof of Quwiex participating any buying and selling exercise.

There’s no proof of Quwiex producing exterior income interval.

Moreover, Quwiex’s passive returns MLM alternative constitutes a securities providing.

This requires Quwiex to register with monetary regulators, which it once more offers no proof of.

Which means that at a minimal, Quwiex is committing securities fraud.

On the finish of the day anybody with a buying and selling bot able to placing out 5% a day isn’t promoting you entry to it. They’d maintain it to themselves.

Make investments a small capital, run the bot, compound earnings and retire because the richest individual on the planet in a couple of years.

As a substitute we actors in Ukraine/Russia and securities fraud.

As with all MLM Ponzi schemes, when Quwiex affiliate recruitment dries up so too will new funding.

This may starve Quwiex of ROI income, ultimately prompting a collapse.

The mathematics behind Ponzi schemes ensures that once they collapse, the vast majority of members lose cash.