Beware! WeTradeWePay has stopped paying! Do not invest there!
Hello everyone! Only mid-week but already this one has been busier for me I think than all of last week. No reason to complain of course as it’s a sure enough sign that the HYIP industry is gradually getting back to normal with the summer coming to an end, and not before time I might add. There’s been a couple of brand new programs joining my monitor this week as you may have noticed, which I’ve been gradually working my way through here on the blog, and I’m continuing today with one called WeTradeWePay which seen a pretty enthusiastic reception among readers so far. I’ll have all the day’s news stories worth reading about in the second half of today’s update as usual, but let’s get straight down to business with WeTradeWePay and see what they’re all about and what they have to offer investors.
Before I get to the investment plans available to the general public, I just want to say a quick word about something you may notice in your member’s area called a monitoring plan. Please ignore this as it won’t apply to you. In fact you won’t even see it on the public area. This isn’t as common in the industry as it used to be, but basically some programs have occasionally created low interest plans specifically for monitors. It’s sort of a low cost way to pay the monitors while keeping the more lucrative plans for the real investors. That’s what WeTradeWePay have here, so skip that and take a look at the “real” plans as it were.
Essentially then WeTradeWePay have just one plan. It’s a medium term option and is broken down into three sub-sections depending on how much money you are looking to play with. The only difference between any of them is that, as is typically the case with online HYIPs, WeTradeWePay try to encourage larger deposits by offering higher rates of interest to the bigger investors. Otherwise the terms and conditions and the actual mechanics of being a member remain the same.
So for a minimum investment of just $10, i.e. about the industry average, you join The Silver Plan. This runs for 25 calendar days, during which WeTradeWePay offer you a daily interest payment of 8%. At the end of the term these payments add up to 200% which the becomes net profit once your principal is returned as promised. This rate applies to all investments up to a maximum value of $500.
In monetary terms then let’s take a look at a theoretical example. We’ll say you join WeTradeWePay with a basic $100. In return for this the admin should pay you back $8 per day for the next 25 days. That means you should earn back an amount equivalent to your initial investment (i.e. the break-even point) 13 days into the term, and complete it with payments coming to $200. WeTradeWePay should then add your original hundred on top of that, leaving you with a return of $300 in total which is $100 of your own money and $200 profit for joining.
That’s pretty much what happens in the remaining two plans, except of course like I said the numbers are different. For a minimum deposit of $501 you are put in The Gold Plan. This sees WeTradeWePay offer members a somewhat improved daily interest rate of 9%, again for a term running 25 calendar days. You complete the term with total earnings of 225% (you break-even 12 days into the term) at which point WeTradeWePay should then add your original principal on top of that. So it’s your own money back plus 225% net profit for yourself. The maximum spend for this plan is capped at $2,000.
For the really big spenders and high rollers then WeTradeWePay have The Platinum Plan, aimed at those looking to spend upwards of a $2,001 minimum. The term of 25 calendar days is still the same, the only thing that changes is the interest rate which increases to 10% per calendar day. All things going according to plan then the payments should hopefully add up to 250% by completion (though you’ll break even after ten days). WeTradeWePay should then return your principal on expiry of the term, meaning you final return of 350% is made up of your own money back plus 250% net profit. There’s no upper limit to what you are allowed to spend in this plan by the way, though from experience I think it would really be a small minority of investors going significantly higher that the $2,001 minimum anyway. But that’s up to you, I suppose.
One other quick point I need to make about the investment plans by the way that might not be immediately obvious to everyone concerns the script WeTradeWePay is running off. To make an investment into your plan of choice you first need to fund your e-wallet with the total amount of money you are looking to invest, and then re-direct that money into your preferred plan. I know it might sound obvious, but if you don’t pay attention then all that will happen is that your money sits there doing nothing, so be sure and actually activate your investment to start earning money.
To make an active deposit then, first of all you need to sign in to your account (obviously!). Once you’ve actually funded your e-wallet then the next step is to click on Add to account – Plan. Following that you will then be able to allocate any amount from your e-wallet balance towards what ever investment plan it was that you were interested in joining. Your investment is now active and you should start earning interest on your deposit from this point on.
Interest rates are obviously quite high, relative for a plan that runs 25 days I mean, so I’m not going to lie to you and say I think WeTradeWePay will still be here next year or anything. However I do remember several examples in previous years of programs offering very similar terms having hugely impressive life cycles. Whether or not WeTradeWePay becomes one of them is dependent on many factors, support from the investing public being a major one. However as long as the admin is serious, knows what he’s doing, and is utterly dedicated to acting like a professional then there’s no reason we can’t expect a decent run from WeTradeWePay. Especially now that the summer is almost over and the industry is picking up again.
Anyway, if you like what WeTradeWePay have to offer and would like to join, then you’ll probably want to know what your payment options are. The program accepts several different payment processors including PerfectMoney, EgoPay, BitCoin, Payeer, OkPay. SolidTrustPay is also mentioned by the admin as being in his future plans, pending STP’s approval of their payment button. Personally I wouldn’t be holing my breath for this as STP have become notoriously difficult for HYIPs in recent times, but you never know in this industry. Should WeTradeWePay be successful in adding STP (which would definitely be against the run of play) then keep an eye on MNO and I’ll make sure this is the first place you hear about it.
Payouts to investors are made manually by the admin and so need to be requested from inside your private members account area. Strictly speaking (according to the FAQ) WeTradeWePay can require anything from 48 to 72 hours to complete your transaction. In practice however my own experience with them so far the time frame has ranged from about five minutes to as long as five hours. Not to disparage the program here or anything but I don’t think I’m giving any secrets away to experienced HYIP players by suggesting that if payments ever really do stretch to 72 hours (that’s three days remember!) then the game is most likely coming to an end. Fingers crossed however it will be a long time before we’re having that conversation! So far I’ve been quite impressed with the efficient service so let’s hope WeTradeWePay manage to keep that up.
On the more technical, design, and security side of things WeTradeWePay is up to quite a reasonably high standard. The script for example is one of the better ones on the market today, and certainly the best of the pre-made “off-the-peg” style (i.e. not custom made) ones. It’s from Shadow Script which I hope we’ll see a lot more of as the HYIP industry starts getting popular again through the autumn months. The website has an extended validation SSL security certificate from Comodo, and hosting is on a dedicated server with the support and protection from DDoS attacks by CloudFlare. Hopefully then any downtime that WeTradeWePay might suffer – if there’s any at all I mean – will be negligible.
If you need to get in touch with the WeTradeWePay admin for any reason, have some questions you think weren’t explained properly in this review or have any outstanding account related issues you need to have dealt with then there’s a couple of different channels of communication open to you. You can e-mail him directly at the address listed on the contacts page, or else try the built-in Live Chat feature to see if you can get your questions answered in real time first. The admin says this is a 24 hour service, though personally I have no intentions of getting up at four in the morning just to verify this for anyone, lol. The admin does have an account on the MNO ShoutBox by the way, as is allowed (if they want one) for all the admins of Premium List programs. You might be able to find him online there from time to time so feel free to have a look and put any questions you might have to him there if you find him. Fans of social networking sites will also be pleased to see WeTradeWePay keeping profiles of Facebook and Twitter. Being a brand new program I can’t really say that there’s been much activity of note there just yet, but hopefully the admin will know how to make the best possible use of them as promotional and communication tools.
As for any alleged business interests supposedly backing the whole thing up, the texts used on the website seem largely original even if the information and claims made within them are not – WeTradeWePay say they are dealing in ForEx, which is hardly something unheard of in the HYIP industry. As usual there is little you can do to independently verify this claim, and in my own opinion it’s best to ignore it and treat the program as any other high risk HYIP. The thing is that even if the ForEx cover story was to be true there’s still no guarantee that it would necessarily be profitable or that you can’t lose money. Rule of thumb then in the HYIP industry is to keep yourself safe above all else, so if you do decide to join WeTradeWePay then always stay well under a sensible spending limit that you can comfortably afford to lose, and do at least try to keep a diverse and balanced portfolio.
DAILY NEWS FROM THE HYIP INDUSTRY
WETRADEWEPAY – SUCCESSFUL LAUNCH AND ANSWER ON INTEREST EARNING TIME
Staying on the subject of WeTradeWePay, I’m glad to report that the program is looking like an overnight success with about 500 members already signing-up. Perhaps that’s the best evidence that the new HYIP investment season is getting underway. Activities are now at an all time high since the summer started, and investors are looking for some good programs. Some believe that WeTradeWePay ticks all the boxes. Anyway, I’m delighted that the admin is not only paying very fast, he’s also quite responsive and trying to do his best to answer investors’ questions. One question about the time of the daily interest accruals was addressed earlier in the latest newsletter which you can read below:
“WeTradeWePay Success Launch
Dear Members
We are happy to inform that we have successfully launched our program yesterday and as i write this mail we are heading towards 500 members. We would like to inform that Members will start earning daily interest only once they deposit the funded funds in to a particular plan. Hence we request members to double check and ensure they have actually deposited in to a particular plan.
Members will be earning interest on a daily basis 24 hours time frame however there might be minor delay as our system processes EARNING EVERY HOUR.
For example, If I purchase a token on Aug 27th @ 6:30PM, when the system runs its hourly check on Aug 28th @ 7PM (remember it checks every 1 hour on the hour) then the system will pay the interest using the time stamp (Aug 28th, 6:30PM). and hence there might be delay of sometime during that 1 hour check period.
We are available online through our live chat and also in major forums to cater to investor queries. Do not hesitate to get back to us in case you have any difficulties we will resolve immediately.
Regards. WeTradeWePay”.
TRADERWAYS – GETTING MORE POPULAR AND STP ACCEPTED MANUALLY
Apparently it was the admin’s intention to start accepting SolidTrustPay in TraderWays at some point in time as it was already implemented in the script but remained inactive up until today. Now SolidTrustPay is accepted, but unfortunately only manually, i.e. you will have to pay to the STP account specified by the admin and only then confirm your deposit by clicking on the special button to ensure your amount is properly credited. We all know that SolidTrustPay is really stringent now when it comes to the prior approval of their payment buttons so in my opinion if/when they find out TraderWays is using STP for manual deposits they will suspend the program’s account without hesitation. Not trying to be critical of the program or it’s admin here you understand, just telling you the way things work whether you me or him happens to like it or not. There is perhaps some benefit from all of this for investors looking to get rid of some SolidTrustPay funds or simply can’t exchange them for some reason to different currencies. As the custom-made script TraderWays runs off allows you to deposit via one payment system and withdraw via another, you may even get some PerfectMoney, EgoPay, Payeer, BitCoin, or OkPay – which are the payment systems that are also accepted by TraderWays. The short message informing the members of TraderWays about the possibility to invest via STP can be read below:
“Accept SolidTrustPay
Dear members, we hasten to inform you that we have begun accept funds from SolidTrustPay.”
All in all, TraderWays is performing really well and all of my own payments so far have been processed instantly. Despite only being on MNO for a week the program managed to become very popular among readers with more than 90 investors already joining under my referral link which propelled the program into the #4 spot on MNO Premium Listing today. A unique 3-level reward system allows the uplines with good promotional skills to actually multiply their income with TraderWays by building a team under them. No wonder the admin reported such huge growth in the program over the first three weeks online. Investors earn from 1% to 3.5% profit in their accounts every calendar day while watching their balance grow by the second. Of course, an affordable minimum to invest (starting from $10) and instantly processed payouts have a lot to do with it as long as the smart antiHAR system of deposit withdrawal fees and growing investment bonuses discussed in much detail in the review posted here. Let’s hope that TraderWays will continue to grow further and the last profit report on the program’s success will be the first of many:
“Development of the project
Dear members, our project is successfully gaining momentum and have a lot of positive feedback from participants. We have already paid out to our participants approximately $ 50,000 for its existence on the network.
Earn wisely with us.
TraderWays – Your way to success!”
LAXOTRADE – PAYZA AND BITCOIN ACCEPTED
While some admins are only getting ready to accept Payza soon and talk about it at every opportunity, the admin of LaxoTrade (interviewed here) has been silently working on the integration with the two rising stars in the payment processor market – BitCoin and Payza – which are both accepted as of today. LaxoTrade (reviewed here) is actually the second program from my Premium List after Sparbs to started accepting Payza recently and I’m sure many programs will follow suit in order to capitalize on the growing market for HYIP investments in the US. As you might know, PerfectMoney and EgoPay (which is also accepted by LaxoTrade along with Payeer and PexPay) are not working with the US residents anymore, however, the recent decision of Payza to allow funding BitCoin accounts through them made a big change and impact in the industry. The growing demand for Payza as a payment processor itself, along with using it as a tool to fund BitCoin (which is itself widely accepted in the industry now) has been on its best for the last couple of years and their return to the market was met with enthusiasm by investors for whom Payza opens many new horizons. And if in order to invest in Sparbs the minimum amount you should have in your Payza account is $10, LaxoTrade can take Payza starting from only $1 which is the minimum to deposit in one of the two lucrative investment plans offered by the program – 2% per business day for 365 days and 11% weekly for 55 weeks. Both plans promise to return your principal on expiry, and to his credit for over four months the admin has been paying really well. The recent addition of Payza and BitCoin to the list of the accepted payment methods in LaxoTrade will surely bring more deposits into the program and will flourish in the new HYIP season:
“LAXOTRADE: Payza and Bitcoin
A large number of investors asked us to add Payza and Bitcoin. We have listened to them. From today, you can invest and withdraw on LaxoTrade using those two processors as well.
Thank you for your trust.
Best Regards, LaxoTrade”.
GEPARDALLIANCE – VK AND FACEBOOK GROUPS OPEN
GepardAlliance (reviewed here) is trying to spread the word by means of social networking websites like the biggest international site Facebook and its equivalent for Russian speakers VK. Both websites now have groups dedicated to the discussion of GepardAlliance and its investment plans. Just yesterday GepardAlliance added BitCoin to the list of accepted payment processors which also includes PerfectMoney, EgoPay, and Qiwi for deposits starting from a minimum of $10. The program offers three investment plans. One “perpetual” 0.35% daily forever with the option to get your principal back and leave after a lock-in period of 22 days, and two plans with a fixed investment term and the principal back on expiry – 0.56% for 62 days and 0.75% for 93 days. The latest newsletter from GepardAlliance containing links to the groups on social networking websites can be found below:
“«vk.com» and «Facebook»
“GepardAlliance” LTD in social networks!
Social networks take part of our lives. We read the news there, connect with friends, joined groups. For the convenience of our clients we have made the groups in the most popular social networks in the world.
Now you can follow the events of our company.
We invite you to our group «vk.com» and «Facebook»”.
SAFEPROFITSLTD – SITE INACCESSIBLE DUE TO ALLEGED SERVER MOVE
No one was able to access SafeProfitsLtd website today as the admin left a message stating that the move to a new server was necessary and that the site would resume normal work within the next 48 hours at most. This message came shortly after a strange newsletter in which the admin of SafeProfitsLtd reduced the waiting time for the principal withdrawal in the program’s no-expiry plan paying 1.4% per business day while at the same time offering a special short-term plan only to members that have already profited from the other plans in the program. For now I have moved SafeProfitsLtd to Waiting status on the MNO monitor while hoping the message is genuine and that the admin will be back soon and resume payments (I’ll give him another 24 hours before changing the status of SafeProfitsLtd further). The message displayed on the website at the time of writing is as follows:
“Dears all Our Members and Visitors
We are really sorry to say that you cannot access to the website in this moment because we are moving to a new server now.
This process takes few hours in normal, but please allow up to 48 hours and you will able to use the website and your account without any problems.
All your data and money are safe and all earnings are calculate automatically even while this process is running so don’t worry, everything will be back to it’s normal without any loses.
YOU CAN ALSO USE THE LIVE CHAT BUTTON IN THE RIGHT SIDE OF THE PAGE FOR ANY QUESTION OR INQUIRY
Thanks for understand.”
GET PAID REPORT FOR 27/08/2014
Here is the list of the programs from my monitor that paid me for the last 24 hours:
From MNO Sticky list: –
From MNO Premium list: BTCLegacy, RemiTrade, AssuredAssets, Sparbs, GepardAlliance, GlobalBuildingGroup, CryptoFarm, TraderWays,WeTradeWePay, PurpleWealth.
From MNO Standard list: –
From MNO Basic list: ForexShare, TrustForexTrade, ZeusInvest, VioletStock, OgdenOrganization, BaikalsTours, 20DayGold.
That’s all tonight’s news except I would just like to mention the new prices for the MNO listing effective from the 1st of September. Premium listing on MNO is going to be $1,400, the price of the Standard listing will be increased to $1,000, and the Basic listing will see a $600 price tag. As for the renewable Sticky listing that is available exclusively for the Premium listed programs looking to be on top of the MNO charts, it’s going to be increased to $550/week or $1,600/month respectively. The old prices are available on MNO advertising page and will remain valid only until the end of this Sunday after which everyone will pay the new price. I know that I promised to discuss the price increase in more detail and to break-down the numbers for the HYIP admins and my readers alike, but for now it looks that the new advertising rates on MNO will have a proper article to explain them published on its own merit on Friday.
As for tomorrow, I’ll be reviewing the brand-new “perpetually” paying program CryptcoMiner that was added to MNO Premium listing yesterday and update you on the latest happenings from the most elite HYIPs online you can check out only on MNO. Reporting daily news has been always my pride and joy and the blog will now keep updating you all in the new season almost on a daily basis. Don’t forget to vote in the poll on the MNO TalkBack page about your investment strategy in September with over 42% of the readers saying they expect to become much more active once the autumn comes. And what do you think? Please click here to vote and see you all tomorrow!
Filed under Daily News, Reviews by on Aug 27th, 2014. Comment.
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