What is OneCoin?
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OneCoin is a virtual currency that primarily does its business outside the United States. The company is headquartered in Europe and focuses on core markets in Southeast Asia, Europe, India, and Africa.
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OneCoin is early in its development. The company’s stated goal is to create a market with over 1 million traders while issuing 2.1 billion OneCoins.
According to the official OneCoin website, OneCoin.eu, there are currently over 162,000 members and over 104 million OneCoins have been mined so far.
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OneCoin Opportunity
OneCoin heavily advertises its “opportunity”. Anyone can use this opportunity to begin enjoying the “OneLife”. What does that mean?
It means when you buy OneCoins, you can also subscribe to an online training program that teaches you how to make more money by selling OneCoins to other people.
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“OneLife, issues OneLife vouchers to its members, that can be redeemed for luxury holidays, hotels, restaurants and experience days. Want to have an unforgettable week in Bali? Or take your family, friends and loved ones on a true life changing experience? Make sure you get in on the action and fun that OneLife provides.”
How Much Does it Cost to Join OneCoin?
OneCoin entry packages are available at 7 different levels. Those levels range from free to 5,000 Euros. Here’s how each package breaks down:
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The Rookie (Free)
You get a OneCoin eBook called Think and Grow Rich as well as a weekly newsletter. You also receive 5 Aurum coins for free.
Activation Kit (30 Euros)
The Activation Kit gains you basic entry into the company and also includes an eBook copy of The Richest Man in Babylon.
Starter (110 Euros)
The Starter package gives you access to the OneAcademy online education program. This program introduces students to the world of financial products and trading. Students can watch videos, view online reading materials, and complete quizzes to help them make money by selling OneCoins.
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Trader (550 Euros)
Trader packages give members access to both level 1 and level 2 of the OneAcademy online training program. The main difference between level 1 and level 2 is that level 2 covers topics like gold and cryptocurrency.
Pro Trader (1100 Euros)
This package gives students access to the first three levels of the online trading program. These three levels promise to give users the “intermediate trading skills” that can help them profit from mining and trading OneCoins.
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Executive Trader (3300 Euros)
You gain access to levels 1, 2, 3, and 4 of the online OneAcademy training program. You also get a “detailed description of tools that will improve the profitability of your trades significantly.”
Tycoon Trader (5500 Euros)
The tycoon trader claims to be the “ultimate product package.” It contains all 5 levels of the OneAcademy training program and promises to help any trader raise their skills to the highest level and maximize the profits they earn from OneCoin mining and trading.
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If you’re really committed to joining OneCoin and learning about a new cryptocurrency, then I strongly recommend waiting several months to see if OneCoin becomes less secretive or gains any traction. Otherwise, you could be spending thousands of Euros on nothing.
