March 4, 2021
VisionWallet Review

VisionWallet Review: Crypto Investment With 1.4% ROI Or Scam?

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Welcome to VisionWallet Review,

Another new Cryptocurrency trading platform. This platform uses AI bots in order to handle the heavy lifting of calculation behind every investment decision that it makes.

VisionWallet is one of the latest crypto trading platform that has caught my eyes with its up to 1.4% daily return on investment.

If you are considering to invest your money with VisionWallet and earn that 1.4% ROI, make sure you read this article to the end.

I am going to give you all the details and info that is, from the company, it’s registration, legality, products and how much you can possibly earn.

Read on…

VisionWallet Review (Company)

VisionWallet

Landing on their website, there is no information in regards to who runs or owns the company.

VisionWallet is a simply a wallet for your cryptocurrencies, you deposit crypto into the wallet which is hold by a specific amount of time with VisionWallet.com and then you will start earning passive income from that based on the investment plan that you have chose.

Now on their landing page they do have a pdf format of their company in registration in UK.

Checking the registration detail at UK companies house website, and I can see the company has been incorporated on June 22nd 2020.

VisionWallet Registration

In addition the registration has been made by ‘Aaron Walters’ who seems to be the director of the company.

Now I did search for ‘Aaron Walters’ in UK on Google, Facebook and on LinkedIn, however I didn’t find any person with this name to be the director of the Vision Wallet LTD.

All I can assume is that this is a fake person.

Vision Wallet LTD

Moving on to their address, I wanted to see if that is an actual physical office.

Their address is on The Minster Building, Great Tower Street, London, England, EC3R 7AG, now this is an actual building, however I couldn’t find their office there. All I was able to find is to buy a virtual office or a shared office from Regus.

VisionWallet Review Address

Now another weird thing I saw on their website was their copyright. If you look closely down the bottom of their landing page you will see that their copyright is 2013-2020. This doesn’t sound correct at all.

Based on their UK registration they company has been registered on June 2020, so there is no way for them to be up and running from 2013.

In addition I did check their domain registration at who.is and found out that ‘visionwallet.com’ has been privately registered on 2013 and been recently updated on 2020. Which I believe this is when the admin of the current website has bought the domain.

VisionWallet domain

Another proof to that the website wasn’t alive on 2013 is to check their traffic history.

Looking up their traffic history on Alexa rank the traffic has been started recently on October 2020, and has been going up since then. As of writing this the main source of the traffic to VisionWallet is from Egypt 20.1%.

VisionWallet Alexa Rank

So far they haven’t been transparent about their owner and their operational date.

Two big red flags just right here.

Now let’s move on to their products and see what they have to offer…

VisionWallet Review (Products)

Vision Wallet doesn’t have any retail product or services that you can sell to a customer.

You can open a wallet with them and deposit cryptocurrency on a promise of a up to 1.4% Daily return on investment.

VisionWallet also provides an affiliate program. You can become an affiliate of the VisionWallet and start promoting their affiliate membership on a promise of earning commission.

VisionWallet Review Compensation Plan

With VisionWallet investment platform which uses top notch Artificial intelligence bots to do all the trading decisions, you can possibly earn up to 1.4% passive income on your investment.

They claim they use a very sophisticated AI and machine learning programs for their bots to make sure they always produce profit and hit their return target.

One thing that is missing is proof and data to back those statements up.

VisionWallet Review (Investment Plan)

VisionWallet has 4 investment plan as follow:

1.10% Daily:

On 250 days
Daily charges
with the possibility of withdrawal

The body of the contribution and interest are included in payments

  • Minimum deposit: $15

1.20% Daily:

On 250 days
Daily charges
with the possibility of withdrawal

The body of the contribution and interest are included in payments

  • Minimum deposit: $250

1.30% Daily:

On 250 days
Daily charges
with the possibility of withdrawal

The body of the contribution and interest are included in payments

  • Minimum deposit: $1,000

1.40% Daily:

On 250 days
Daily charges
with the possibility of withdrawal

The body of the contribution and interest are included in payments

  • Minimum deposit: $4,500
VisionWallet Review Plan

During the operation of the deposit, the funds are Β«frozenΒ» – operations with them are not available. After the expiration of the term, you can transfer all the accumulated funds back to the Visionwallet account or withdraw from the service in any convenient way.

They also have a ‘piggy bank’ which they describe it as below:

Tariff Β«Piggy bankΒ»NEW

The real passive income, now without deposits! Accrual of interest on the balance of any funds on any account – 0.3% per day. The Visionwallet system credits you with funds on the account balance, which is unchanged during the day (you can withdraw all the money whenever you want).

For example, when withdrawing a part of the amount, the accrual continues for the amount that remains on the account. And when funds are credited, at least a day must pass to activate the plan.

I couldn’t find any detail in regards to withdrawal fees if any. Also same with the minimum/maximum allowed withdrawal.

Each of the deposits can be opened with or without capitalization. With a deposit with capitalization, the number of days of deposit will be reduced by 2 times, however, interest will be charged on the entire deposit and will be added to the volume of the deposit, creating a compound interest. In this case, you can withdraw all funds only on the last day of the deposit.

For example, if you invest $ 100 in the first plan without capitalization, you will receive 275% of the return on the investment. Interest is automatically withdrawn daily to your main account and can be withdrawn at any time.

When choosing the same deposit with capitalization, the yield will be 392% of the deposit amount. All the sum is withdrawn at the end of the term.

Similar Companies I did a review on:

VisionWallet Review Referral

VisionWallet has a simple uni-level referral program.

Uni-Level referral program starts with you at top, then whoever you personally recruit are going to be your Level 1 recruit.

After that, whoever your Level 1 recruits is going to be your Level 2.

This basically goes down an infinite level as it’s illustrated in this image.

Unilevel

VisionWallet divide their customer to 2 categories

For Regularusers, favorable terms of cooperation are provided:

  • Level 1 (Personally recruited): 5% of the deposit
  • Level 2: 1% of the deposit

For VIP-users with a turnover over $2000

  • Level 1 (Personally recruited): 7% of the deposit
  • Level 2: 2% of the deposit

Cost To Join VisionWallet

It is free to create an account and join VisionWallet, however if you want to participate in any of the compensation you need at least $15 deposit.

You can actually get away with this and just start to promoting the affiliate membership and wait for your recruits to deposit money so you can use the commission to put it in your own deposit account.

Now that I have covered everything about VisionWallet it is time for me to give you my unbiased conclusion.

Final Verdict

So can you really trust VisionWallet and earn 1.4% ROI Daily Forever with them?

Well, my short answer would be no.

We don’t know who runs or own the company.

They have UK registration but that doesn’t mean anything, UK registration is dirt cheap and mostly unregulated.

They have a certificate with Swiss Crypto Vault and BitGo, which is all good.

However, they need other registration such as FCA because they are operating as a financial service.

VisionWallet Review

They are operating globally in financial sector and promising passive income.

This by default forces them to have registration with all the financial regulators in the jurisdiction they operates in.

To name some they should be registered with FCA (UK Financial Conduct Authority)[1] and SEC (US Securities And Exchange Commission)[2] at least.

Simply not having this registration means that they are operating illegally.

The only income I can see coming through is the new affiliate paying for the existing investors.

Not having another stream of revenue and 100% relying on affiliate recruitment makes visionwallet a Pyramid Scheme[3].

Math behind the pyramid scheme is obvious. Once the recruitment stalls, they can’t satisfy the promised return on investment, this inevitably forces the company to collapse. Most of the people (except the owner and the top affiliates) will lose money.

I can’t recommend this company!

I hoped you enjoyed my VisionWallet review. Make sure to sign-up to get the latest updated on any making money online opportunities.

If you have any comment please use the comment section below.

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