KickEX Review – Will This Crypto Exchange Kick You In The..?

KickEX Review - Will This Crypto Exchange Kick You In The..?

Welcome to this KickEX Review. KickEx is a Multi-Level Marketing company that operates in the crypto niche.

On the website, you will not find any information about the owner or the people running this platform.

Kickex.com, which is the domain name, was privately registered on the 24th of May, 2019.

The platform describes itself on its official page on Facebook as a “Financial service in Moscow, Russia.”

It appears that the platform belongs to the KICK ecosystem, owned and created by CEO Anti A. Danilevski.

We have no idea why this information is missing from the company’s website.

Before Danilevski became involved in cryptocurrency, he was in the video game niche.

Danilevski, in 2015, became an angel investor in Whirl, an online company. In June 2017, he became a Whirl Board Director.

According to his profile on LinkedIn, Whirl is a “socially driven, pay it forward crowdfunding platform built on the blockchain, designed to help individual projects, through mutual scalable support.”

It happens to be the first component launched by the KICK ecosystem.

Based on Alexa, Whirl’s website is ranked at more than 2.5 million, which is pretty dead for an online business.

I also don’t think Danilevski has any previous experience in the MLM niche.

Are There Any Products

There is no retail product or service aside from promoting KickEX affiliate membership.

Purchasing the membership gives you access to an internal crypto exchange.

Compensation Plan

Affiliates will receive commissions when their down lines pay for the exchange trading fees.

The platform uses a uni-level compensation plan structure to pay commissions to members.

In a uni-level compensation plan, an affiliate is placed at the top of the team, and every affiliate they recruit personally is placed directly under them (level 1).

Affiliates recruited by level 1 are placed on level 2 of the original affiliate.

Also, affiliates recruited by level 2 are placed on level 3, and this will continue to grow (no limits to the number of levels).

The platform, however, caps the payable level at level 10.

KickEx pays commissions as a percentage of trading fees gotten across the 10 levels. See percentage paid below:

  • Get 15% from level 1
  • You Get 10% from level 2
  • 7% from level 3
  • Get 6% from level 4
  • Get 4% from level 5
  • You Get 3% from level 6
  • Get 2% from level 7
  • 1% from level 8
  • Get 0.5% from level 9 and level 10

Registration Cost

Becoming a member of this platform costs nothing; it is free.



Is KickEX Legit?


Personally, I can’t say if KickEX is a scam platform, but there are some red flags about this business opportunity.

They claim to be an MLM company, and they don’t have any retail product or service to offer.

The majority of governmental jurisdictions have MLM laws that require them to offer a retail product or service.

When a multi-level marketing company fails to have retail products that can be sold to the public, they are considered a Ponzi scheme.

The Issue With KickEx

KickEX Review - Will This Crypto Exchange Kick You In The..?

Surprisingly, the platform’s MLM approach is legit.

Members sign up, make use of the exchange, and receive commissions on exchange trading fees.

Your activities on the exchange has no link with the commissions generated; it is only based on the trading fees collected.

The issue with this platform is what their compensation plan is connected to.

They started in 2019 as KickICO, an ecosystem that offers people access to purchase tokens of fresh, innovative projects in their early stages.

KICK token was launched by KickICO; however, the token collapsed.

The token had a value of 24.9 cents towards the end of 2017 (early investors made money).

The value fell all through 2018 and 2019; as of December 2019, the token had a value of $0.000062.

The value happened to increase over the past weeks to $0.000082, and this leads us to KickEx, which is likely the reason for the rise in value.

According to the website, members will be paid commissions in KICK token.

The recent spike in value will have to do with affiliates purchasing KICK token to withdraw referral commissions.

The issue here is that you are buying into a platform with a community of people who are desperate to cash out.

Is The Token Worthless?

The value of KICK token is insignificant, and affiliates are lured into using KICK token all in the name of getting referral commissions.

The main reason they have a set up like this is to create artificial demand.

To cut the story short, investing with this platform is more like helping early investors get rid of their Kick tokens; if you are okay with it, you can sign up.

The value of the KICK token is very low, and it is worthless at the end of the day.

Even if the platform is not a scam, I don’t think it is a worthy investment opportunity.

KickEX is similar to other cryptocurrency websites I’ve reviewed such as:

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