Lira Coin Club Review – Legit Biz Op or Big Scam? Find Out Here…

Welcome to my Lira Coin Club Review!

You may have already heard of this company or maybe this is the first time you’ve seen the name…

But whether someone has already tried to recruit you or you just randomly stumbled across this page, I’m glad you’re here!

In my review, I will be going over the company’s history, products, compensation plan, and cost to join, in addition to my own verdict.

So, let’s dive in!

Lira Coin Club Review – The Company

Lira Coin Club Review

Lira Coin Club’s website doesn’t offer much information about who owns or operates the company.

As of matter of fact, at the time of writing this blog, the current Lira Coin Club website is just a simple affiliate login form.

The Lira Coin Club website domain was registered as “liracoin.club” sometime in August of 2017.

However, the registration details of the domain registration updated with some private information on the 12^th of August, 2018.

Lira Coin Club Reviews – The Products

Lira Coin Club Products

Lira Coin Club has no retail products or services to offer, however members can market the affiliate membership itself.

The Lira Coin Club Compensation Plan

Affiliates who join Lira Coin Club must invest in LIC tokens.

Once affiliates obtain the LIC tokens, they must “lend” the points back to the company in order to receive a monthly ROI, which looks like the so:

First year 0 to 180 days – 3% monthly ROI
First year 181 to 360 days – 2.5% monthly ROI
Second year 0 to 180 days – 1.5% monthly ROI
Second year 181 to 360 days – 1% monthly ROI
Third year 0 to 180 days – 0.75% monthly ROI
Third year 181 to 360 days – 0.5% monthly ROI
Fourth year 0 to 180 days – 0.4% monthly ROI
Fourth year 181 to 360 days – 0.3% monthly ROI
Fifth year onward – 0.25% monthly ROI

Why are there only 360 days in a Lira Coin Club year? Who know…but those are the figures that are presented on the website under Lira Coin Club’s compensation plan.

ROI is only paid if LIC tokens are permanently invested with Lira Coin Club.

If and when an affiliate chooses to withdraw, they must either sell their LIC tokens back to the company or through the Lira Coin Club internal exchange.

LIC tokens were first introduced at a $1 internal price in 2018, however the current value of LIC tokens is not known.

Mining Returns

In addition to the lending investment side of the business, Lira Coin Club also operates a mining investment venture.

Affiliates are required to invest between $100 and $10,800 for annual returns as listed below:

Miner – Invest $100 and receive a $216 return over 360 days
B-Miner – Invest $300 and receive a $702 return over 360 days
S-Miner – Invest $1200 and receive a $3024 return over 360 days
M-Miner – Invest $3600 and receive a $9461 return over 360 days
G-Miner – Invest $7200 and receive a $19,440 return over 360 days
T-Miner – Invest $10,800 and receive a $31,104 return over 360 days

Affiliates earn a 5% direct referral commission on mining returns investments made by personally sponsored affiliates.

Residual Commissions

Affiliates in the Lira Coin Club who invest in mining returns can earn residual commissions.

Residual commissions are tracked and paid through a unilevel compensation structure.

This type of compensation structure puts an affiliate at the top of a unilevel team, and then places every personally sponsored affiliate immediately underneath them on level 1.

When a level 1 affiliate sponsors new affiliates, they are put on the second level of the original affiliate’s unilevel team.

When a level 2 affiliate sponsors new affiliates, they are put on the third level, and this continues down as many levels as are needed.

Residual commissions are earned on the mining returns funds that are invested across the entire unilevel team.

The amount of unilevel team levels an affiliate earns residual commissions on depends on how much they have invested and the amount of investors they have personally sponsored.

Invest at the Miner tier and sponsor at least two mining returns investors = 15% on level 1 (personally sponsored affiliates)
Invest at the Miner tier and sponsor at least three mining returns investors = 15% on level 1 and 10% on level 2
Invest at the Mining tier and sponsor at least four mining returns investors = 15% on level 1, 10% on level 2 and 5% on level 3
Invest at the B-Miner tier and sponsor at least five mining returns investors = 15% on level 1, 10% on level 2 and 5% on levels 3 to 5
Invest at the S-Miner tier and sponsor and maintain at least five mining returns investors = 15% on level 1, 10% on level 2, 5% on levels 3 to 7 and 2% on level 8
Invest at the G-Miner tier and sponsor and maintain at least five mining returns investors = 15% on level 1, 10% on level 2, 5% on levels 3 to 7, 2% on level 8 and 1% on levels 9 and 10
Invest at the M-Miner tier and sponsor and maintain at least five mining returns investors = 15% on level 1, 10% on level 2, 5% on levels 3 to 7, 2% on level 8 and 1% on levels 9 to 11
Invest at the T-Miner tier and sponsor and maintain at least five mining returns investors = 15% on level 1, 10% on level 2, 5% on levels 3 to 7, 2% on level 8 and 1% on levels 9 to 12

Cost to Join Lira Coin Club

The cost to join Lira Coin Club as an affiliate is free.

However, full participation in the MLM part of the company requires a minimum investment of $100 to $10,800.

Additional investment costs in LIC tokens is not offered anywhere on the website.

Verdict on Lira Coin Club

So, now we’ve gotten through all of that, let’s take a look at what we have…

A company that has no products to sell and requires investors to give all their money away for a promise of annual returns.

The company also claims they are involved in crypto mining, but of course provide no proof to back that claim up.

To make matters worse, Lira Coin Club is obviously offering multiple passive investment opportunities, which means they are legally required to register with securities regulators in each jurisdiction they advertise their investment opportunity in.

And nowhere on their website or in their marketing material is there any clue that they have done so.

So, what we have here is what we have seen so many times before…

Once recruitment dries up…and it will…the company will collapse.

My advice here is to really think twice before investing your hard-earned money with this company.

Thanks for reading my Lira Coin Club review! Feel free to leave a comment or question down below…

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