If you’re looking for a detailed DeFin Wallets review, then you’re in the right place!
I was searching around the internet for new investment opportunities and stumbled upon DeFin Wallets and wanted to learn what was it all about.
I saw a few posts with different points of opinions that were both negative and positive which really got me curious about if it was worth it to join.
I decided to take the time to research and review the information about the company, the products, and the compensation plan to see how it all works and if it was really worth it.
After taking the time to research everything about the program, I am going to share my thoughts and recommendation in the last section of my review.
Make sure to stick around until the end because some of the information that I found might shock you.
With that said, let’s dig in and see what DeFin Wallets is all about.
What Is DeFin Wallets?
Defin Wallets is an MLM investment program where you can earn commissions from the promised ROI that the company offers and through the company’s MLM referral program. The niche that I would consider the company to be in would be the MLM investment and ROI niche.
One of the things that I like to see when I am researching any company that you can make money is who the owner is.
This will give me the ability to learn more bout the history and the experience that the owner has.
If an owner has no experience or a bad experience or a history of scamming people, I personally wouldn’t want to represent them.
With that said, I was not able to find out any information about who runs or owns DefinWallets by looking at the company website pages because they have no information about the owner which is very unfortunate.
I tried looking around the internet in various places where you would think some information would pop up, but nothing.
I decided to take a look at the domain name information to see if I can find any additional information and here is what I found:
- The domain name “definwallets.com” was registered on 8-25-2020
- The domain name was registered privately
Since the domain name was registered privately, I wasn’t able to find any additional information about the owner using that method either.
With that said, let’s move on to the next section of my review.
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DeFin Wallets Products – What Do They Offer?
In this section of my Defin Wallets review, I am going to cover the information about the products that they offer.
This is another one of those programs where they only offer the option to make money with the platform they offer and nothing extra for your investment.
The only thing you can do is join as an affiliate or investing member to make money with the investment and affiliate opportunity the company offers.
With that said, let’s move on and see how you can make money with DefinWallets.
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How Does The DeFin Wallets Compensation Plan Work?
In this section of my Defin Wallets review, I am going to cover the information on how you can make money with them.
There are 2 ways that you can make money with Defin Wallets which are:
- Promised ROI Commissions
- Referral Commissions
Getting Started and ROI Commissions
In order to get started and earn from the promised ROI that the company offers, you are required to invest at least $10.
You can use fiat currency or various forms of cryptocurrency to get started.
If you just want to earn a referral commission from investments, then you can join for free. I will cover the referral commissions in the next section.
There are 5 tiers of promised daily ROI percentages that you can join which are:
- The first tier requires either $10 or 0.00093 BTC to join and this tier pays out a 1% daily ROI.
- The first tier requires either $50 or 0.00465 BTC to join and this tier pays out a 1.6% daily ROI.
- The first tier requires either $250 or 0.023252 BTC to join and this tier pays out a 2.4% daily ROI.
- The first tier requires either $1,250 or 0.116258 BTC to join and this tier pays out a 3.6% daily ROI.
- The first tier requires either $6,250 or 0.581289 BTC to join and this tier pays out a 5.2% daily ROI.
I only listed USD and BTC but there are various other cryptos that you can use to join these investment tiers and a couple more wallet methods.
Referral Commission (unilevel)
The way that Defin Wallets pay and track their referral commissions is by using the unilevel compensation plan.
For those that are not familiar with how the unilevel works, here is a quick overview:
- The first level of your unilevel will always have your personally recruited members on it.
- The second level of your unilevel comp plan will only have your 1st level team members personally recruited members on it.
- The third level of your unilevel compensation plan will only have your 2nd level team members personally recruited members on it.
- and so on…
With that covered, there are a total of 5 levels that you can earn from.
The commissions are paid on the investments that are made from your personally recruited members and from your downline team members.
Here is a breakdown of the percentages of the investments that you can earn per level:
- Level 1 – The first level of your unilevel pays 10% of the investment made by your personally recruited members.
- Level 2 – The second level of your unilevel pays 5% of the investment made from team members that are on this level.
- Level 3 – The third level of your unilevel pays 3% of the investment made from team members that are on this level.
- Level 4 – The fourth level of your unilevel pays 2% of the investment made from team members that are on this level.
- Level 5 – The fifth level of your unilevel pays 1% of the investment made from team members that are on this level.
There isn’t any mention that I can see to qualify to earn from all 5 levels, however, I would suggest looking at the company compensation plan pdf for the most up to date information.
With that said, that is all there is to how the compensation plan works and what you can earn from the promised ROI that the company offers.
Let’s continue to the next section of my review where I will answer some questions.
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My DeFin Wallets Q and A Section
In this section of my Defin Wallets review, I am going to answer some of the questions that you might have when thinking about joining.
Is DeFin Wallets BBB Accredited?
After doing some searching on the BBB website, I was not able to find any listing or accreditation for the Defin Wallets company.
Not having a listing or accreditation doesn’t make a company or program a scam, it just means that they are not listed with the BBB, as a matter of fact, there are several 100 companies not listed with the BBB that I have run across that are 100% legitimate and have been running for several years.
What’s The Cost To Join DeFin Wallets?
The cost to join Defin Wallets is free if you only want to earn from the referral commissions. If you want to earn from both the referral commissions and the promised ROI that the company offers, you will need to make a minimum investment of roughly about $10.
The currency that Defin Wallets will vary and the company will take USD, and several different cryptocurrencies to join.
With that covered, let’s answer the question that many people have asked which is…
Is DeFin Wallets A Scam?
After taking a look at all of the information that I gathered, I can’t say that it is a scam or not.
However, I do see some issues that I think can get the company in trouble like:
- No retail products or services offered for your investment
- A promised ROI without being registered in all the countries they do business in
- No transparency
Now that I answered some questions, let’s finish up.
My Final DeFin Wallets Review and Thoughts
In the final section of my Defin Wallets review, I am going to share my thoughts and recommendation about this opportunity.
I took the time to research and review the information about the company, the products, and the compensation plan.
I also shared my thoughts and concerns on whether or not Defin Wallets is a scam or not.
At this point, you should have a good idea about what DefinWallets is, how it works, what they offer, and how you can make money with them.
What are your thoughts up to this point?
But here is the question…
Do I Recommend Joining Defi Wallets?
You have all of the information that you need in order to make an educated decision on whether or not you think Defin Wallets is right for you or not.
If you were to ask me if I would join, I would have to say no, I would not due to the concerns that I listed above.
With that said, I hope you enjoyed my Defin Wallets review.
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