True Or False. USI-Tech Less Likely to be a Scam Skip to main content

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True Or False. USI-Tech Less Likely to be a Scam

With the current price of Bitcoin exceeding all predictions or speculations. Putting all financial experts to shame. What will be your response, when your child will ask you while you fail to acquire some Bitcoin ten years from now. 

Here is a great way to start. It's a reliable company with years of experience. People behind the company is also known. 

Usi Tech ICO Review

The Usi Tech ICO has just gotten underway with 500 million for sale, so far their website is already displaying sales of 25 million. https://3c12e07a.usitech-int.com



What is Usi Tech?

The company has already been around for over a year now and offers users the chance to invest on to the platform and receive daily interest.
They state on their website that they make money in a variety of ways- Mining Bitcoin and other Cryptocurrencies, trading forex and trading Bitcoin.
Unlike many of their competitors Usi Tech is a completely genuine company with verifiable data showing that they’re registered in Dubai.
Initially the platform was focused on the Forex market and offered software for users to buy for $1600, this must of put many investors off due to the high initially cost.
Thankfully with the rise of Bitcoin and cryptocurrencies in general they moved on to focus on this market, their main product now is their bitcoin packages, which offer users a low cost entry into testing the platform.

Cryptocurrency and ICO growth

2017 has seen the cryptocurrency market explode, the total market cap is now over $190 billion. Bitcoin is still leading the way with just 1 coin now worth a staggering $7,000, this year however has also seen many alt coins grow such as Ethereum.
Among this rise in the market there’s also been a huge increase in the amount of start ups and businesses who choose to raise funds by having their own ICO (initial coin offering), the total raised during this year alone has been over $2 billion. Many companies now view this method of funding as better than more traditional methods. Small investors can now become involved in start ups rather than venture capitalists.

Investment Packages

The company has already been offering investment packages which they call bitcoin packages, for the last year. They sell single packages which cost a total of 0.00646 Bitcoin each, customers have the option of purchasing multiple packages. The packages run for 140 working days and don’t pay out any interest on weekends, they claim this is due to them trading less at weekends, during weekdays the packages pay out a flat rate of 1% interest directly into your wallet. Ofcourse by reinvesting your profits you can make much more money with compounding interest. The company already boasts of having over 300,000 registered users and shows proof of daily withdrawals being made for the past year.

The rise of lending platforms

Many companies are now offering their own lending platforms, with most claiming to make their money by using trading bots that trade the Bitcoin and alt coin market.
Usi Tech was one of the first companies in the first and has seen many competitors come out and copy them.
One of their main competitors is Bitconnect who was started with an ICO, their token was initially sold for just $0.5 and has now risen to over $200 with Bitconnect now having a market cap of over $2 billion. Many of these platforms are now launching via ICO which has so far shown to be providing investors with high profits, however they are generally risky investments, one of the advantages of the Usi Tech ICO is that their company already has over a year of history that can back up their claims with many happy investors already claiming to have made a large amount of money with the platform.

How does Usi Tech make money?

The platform initially made the bulk of their income from trading the forex market, however with the fast rise of bitcoin and (I assume) the high volatility that makes it ideal for traders, they moved on to focus on the cryptocurrency market this year.
Their main income currently is by trading the Bitcoin and cryptocurrency markets, to raise more capital to trade with they’ve been offering their bitcoin packages.
The company has recently started expanding more into bitcoin mining and they also state that they have plans to install ATM machines for bitcoin and their new tech coin.

How does Bitcoin and cryptocurrency mining work?

Mining is necessary for the bitcoin and other blockchain networks to function, if there were no miners then the entire network would go down, mining is used to confirm all transactions on the network.
To ensure that the network has enough miners, they’re rewarded with coins depending on the amount of power that their machines produce.
A few years ago it was possible to make high profits by simply setting up GPUs or even mining with your PC, however recently the technology has improved quickly which has meant that to be profitable mining bitcoin you need to buy specialized software.
The main issue with this is that mining software uses a lot of electricity and can be complicated to set up and maintain.
This has meant that many users prefer to use cloud mining contract which involves purchasing a mining contract with a company who does the mining for you, many of these companies charge too much and make it hard for the user to profit however.
Usi Tech states on their website that they have a patent pending for new technolology that will make their mining more efficient by reducing power costs.
This will be huge for the company and should allow them to be more profitable than any of their competitors.
By getting involved in their ICO you should be able to take advantage of any advances they make as the token price is likely to rise as the company makes more money. Aswell as mining Bitcoin, the platform also mines alt coins, there’s now over 1000 different alt coins that they can switch between depending on which is most profitable.
The best thing about investing in Usi Tech is that they have multiple streams of revenue now that have already been producing their customers profits for over a year.


Usi Tech ICO

After running a successful company for so long, the company has now decided to launch their own token sale. They claim that one of the reasons for the token sale is so that they can purchase large mining contracts with the goal of capturing 1% of the Bitcoin mining market and 2.5% of the Ethereum mining market.
There’s a total of 500 million tokens going on sale and they currently have a total of 5 different token packages available for sale:

  • Silver package: The smallest package contains a total of 100 tokens and is available for $58.
  • Gold package: Has a total of 5000 tokens but comes with a bonus which takes it up to a total of 10,000 tokens, available for $2900
  • Ruby package: 20,000 tokens but bonuses take the total up to 80,000, available for $11,618
  • Emerald package: 50,000 tokens but the bonuses take the total up to 400,000 tokens, available for $29,045
  • Diamond package: 100,000 tokens but the bonuses take the total up to 1.6 million, available for $58,090

How to purchase tokens

Signing up the the website is simple by just providing your email and other details. Once active on there you can choose the package you wish to buy, once you’ve selected it you’ll be given 10 minutes to complete the purchase by sending Bitcoin. The 10 minute window is due to the price of Bitcoin being so volatile. They also offer an option for users to purchase using their credit card, with more details found on your dashboard once you’ve signed up.

Sign up below with my referral link to gain quick access to the website:
https://3c12e07a.usitech-int.com

Usi Tech App

As with most successful online businesses these days the platform offers users an Android and iOS based app, you can easily find these in the android or itunes store for free once you've completed signing up.


Referral Program

As with many successful companies such as Amazon, Usi Tech offers investors the chance to make extra funds by referring investors on to their platform.
They currently offer a huge commission rate of 10% on the first level with additional commission paid out all the way down to level 12.

To activate the lower levels of commission there’s some qualifications that you’ll need to meet which involve signing up a certain amount of distributors, more details can be found on your dashboard below: https://3c12e07a.usitech-int.com

Reasons I’m investing

  • I’ve already made a decent amount of money with their original lending platform so I’m happy to invest my profits into seeing the company grow.
  • They’re one of the only companies in this industry that I’ve found to have a great customer support team, with any queries I’ve made answered within a couple of hours. This is especially good for an ICO with investors often getting nervous and wanting quick answers to any concerns they may have.
  • They’re a genuine company with real offices throughout the world, many of their competitors prefer to remain secretive. Usi Tech however host conferences around the world, they even announced their token sale at their recent 1 year anniversary conference.
  • I’ve also heard rumors that they’re planning to release their own cryptocurrency exchange in the future, with the amount of funds that they've made and the revenue they’ll be raising from the ICO they’ll have the funds to compete with the big exchanges. They also have the advantage of already having a huge 300,000 registered users that they’d be able to direct on to their exchange.
  • They have plans to release a huge number of Bitcoin and Tech coin ATM machines, this will be sure to add to cryptocurrency adoption.
  • They’re aiming to have a huge chunk of the mining market with targets of mining 10% of the Bitcoin and 2.5% of the Ethereum on offer, this will see them make huge amounts of crypto.
  • They already have a proven track record with 300,000 users, many of their competitors have no history when they launch their token sales and yet still manage to sell millions of tokens, imagine how much more successful an existing business should be.
  • They state that they use AI bots to trade the markets, it’s hard for small investors to learn how to trade with such a big learning curve but with a multi million dollar company and the best bots in the business I”m sure it must become easier.
  • They already have high quality websites capable of high traffic demands. This may sound like something you’d expect from any company, however many of their competitors websites simple crash during their token sales and still end up being successful.

Is it a Scam?

Obviously you need to be cautious of anyone offering the chance to earn 1% interest per day but Usi Tech already has over 1 years history in the business so it’s much less likely to be a scam than some of the random websites popping up that still manage to raise millions of dollars.

Is it a pyramid scheme?

Many people often call investments that see users earning a high amount of money a pyramid scheme.
This platform already has over a year of history with most pyramid schemes tending to finish much earlier than that.
They do recruit members through the use of referrals, however this is common practice for online businesses with many seeing it as the most effective way of gaining new users.
Amazon is probably the biggest affiliate program in the world and obviously nobody is calling them a pyramid scheme.

How much can you make?

It’s impossible to say how high the token price may go, their competitors Bitconnects token has grown to around 500x its initial value, there are however more tokens being released during the Usi Tech ICO though so it probably won’t multiply to that amount, it should be safer than smaller platforms though.
Ofcourse there’s still a chance the value may go zero.

Conclusion

As with any ICO, this is a high risk investment so please make sure you don’t invest more than you can afford to lose. I personally feel that it’s a good calculated risk to the rise of similar types of tokens once they’re listed on an exchange.
There is (in my opinion) a genuine opportunity to make 5–10x gains in the first couple of weeks, there is also a chance that the value may go to zero so please be careful.

Registering with my referral link will grant you quick access to the platform:hidden ttps://3c12e07a.usitech-int.com

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