Swapnex.io – Swapnex is a crypto-arbitrage niche that enables traders to purchase and sell cryptocurrency in seconds across many marketplaces (currently, you can find more than 20 exchanges on the platform).
Moreover, Swapnex.io integrates all of the most prominent currency exchanges within one website, allowing users to open and close orders swiftly and at the best possible rates.
Also, it now allows traders to trade about 13 cryptocurrencies, with more being introduced on a regular basis, including DASH recently this week.
According to the company’s roadmap, the platform claims to improve in its development within the upcoming months, feel free to see their roadmap.
Keep on reading below to find out how Swapnex.io works, how you can earn, and also find out if Swapnex.io is legit or a scam.
How Swapnex.io Works
On how swapnex.io works, you have just two available opinions for trading on the platform, these options include:
- Manual Trading
- Auto Trading
Manual Trading – This means that you must prove yourself and locate the best trades while trading manually. See the Manual trading interface on Swapnex.io below.
Auto Trading – Auto trading with many program options based on the duration and amount of automated transactions every day. Meanwhile, the 120-day program began on February 18th.
Every trade launch has a lower limit of 50USDT or 0.0013BTC, with a suggestion of 250USDT or 0.0065BTC, which depends on your preferred cryptocurrency. It means just the recently introduced program necessitates a minimum of 2000USDT (the VIP one).
How to Start Earning Money on Swapnex.io
You can start earning with Swapnex’s Arbitration bot via the following steps below:
- Visit Swapnex.io to get started.
- Fill in your email address and password to get started.
- Select a wallet to send money to.
- Also, select “trading” from the drop-down
- Finally, start trading manually or with an automated program.
Swapnex.io – Cons & Pros
See below to find out the advantages & disadvantages of Swapnex.io, and how you can benefit from them.
- High-profit margins (about 0.5 percent per trade)
- A wide variety of coins are accepted.
- Any sum and at any moment can be withdrawn.
- Auto-Trading cannot be terminated prior to the expiration date.
- Exclusively, cryptocurrency transactions are accepted.
Is Swapnex.io Legit or a Scam? Find out
To begin, Swapnex.io started its own YouTube channel on August 2nd, 2021. On the channel, there are marketing videos with highlighted actors.
In an October 30th, 2021 clip, an unidentified “product director” appears in a traditional rented office arrangement: click here to view the video.
According to a second video uploaded on February 6th, 2022, Swapnex’s Product Director is Marcus Huber.
Furthermore, “Marcus Huber” is actually Rupert Godman, a British citizen (UK) who has spent the previous 20 years in Russia. Rupert Godman is multilingual, speaking French, Spanish, German, and Russian proficiently.
Godman has a background in real estate and teaches business English, according to a 2012 interview with Sam Gerrans.
Swapnex may be described as a Ponzi scheme with a Proxy CEO. Obviously, this is absurd. Also, Swapnex recycles invested funds to meet ROI withdrawal requests, much like any other Ponzi scam.
According to Alexa, the top sources of traffic to Swapnex’s website are Azerbaijan (14%), Italy (10%), and Vietnam (6%).
However, when affiliate recruiting reduces, new investment stops, as it does in many MLM Ponzi schemes. Swapnex will also lose money from ROI as a result, eventually folding. Also, when Ponzi schemes fail, the great majority of participants are statistically certain to lose money.
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