LT Wallet claims to be an arbitrage trading platform, offering the typical reward cycles rife in MLMs. The affiliates buy up the available packages in hopes of earning profits from a “quantitative trading wallet software”.
The first thing that comes to mind on seeing a relatively obscure platform claiming to have an arbitrage trading bot is a fact check. Is the LT Wallet Software real or fake?
So far, no one has published any piece or audits about the company AI trader, nor have there been any disclosures from the company yet. Still, there are gleanings from precedents, showing that LT Wallet is not what it claims to be.
On the affiliate program, LT Wallet supports the typical unilevel grid used by many multi-level marketing brands. The deal here is that affiliates get to earn profits from cumulative downline investment volumes.
Unilevel Grid — How It Works
Here is a brief overview of how a unilevel program works.
Subscribed members are entered in a unilevel grid, starting with an affiliate who gets the Top position. Then the subsequent positions are filed under this affiliate as Levels 1, 2, 3, etc.
Level 1 is opened by the affiliate’s personally recruited members. Similarly, Level 2 is opened by every Level 1 referral in the same fashion as the top affiliate’s downlines.
Instead of limiting the number of available places to just two (2 by 2 grids or matrices), the unilevel scheme allows each level to have as many positions as possible.
Continuing the pattern will yield an infinite reward grid, with most cumulative profits going to the top affiliates.
In this case, LT Wallet supports withdrawals up to ten (10) levels, as shown below.
- 1% of the cumulative downline profits goes to Level 10
- 2% of the cumulative downline profits go to Level 9
- 3% of the cumulative downline profits go to Level 8
- 4% of the cumulative downline profits go to Level 7
- 5% of the cumulative downline profits go to Level 6
- 6% of the cumulative downline profits goes to Level 5
- 7% of the cumulative downline profits go to Level 4
- 8% of the cumulative downline profits go to Level 3
- 9% of the cumulative downline profits go to Level 2
- 10% of the cumulative downline profits go to Level 1
This referral payment template is a no-brainer. It only impresses newbies. For one, a good ROI profit chart based on downline investment volumes follows a reliable fiscal audit, showing that the earnings correspond with the ROIs.
To join the platform, you need not deposit any money at all, unless you wish to sign in to the affiliate program to earn profits.
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LT Wallet App | Download LT Wallet APK for Android
LT Wallet doesn’t have any apps for iOS — also, it can’t possibly hope to get an APK clone added to App Store.
Since the platform doesn’t have any app on Play Store, it is only available in APK forms, along with several clones on other provider sites.
To download the app, use the following steps.
Go to an official APK provider site.
Enter LT Wallet on the site search box.
Click on the SEARCH tab and select a relevant entry from the search results.
Finally, verify that the APK is from a reliable provider.
Click on INSTAL.
Note:
It says a lot that an arbitrage trading platform doesn’t have any app on Play Verified app on Google Play Store. This should probably be the biggest red flag on the face of it.
Also, you can check that the so-called quantitative AI software doesn’t have any peer reviews — all-around zero trust scores and most of its revenues are generated from the referral program.
How to Sign Up | Register for Affiliate Bonus Cycles
Joining LT Wallet does not require any payments at all.
However, if you expect to earn profits from the affiliate bonus cycles, then you will have to pay the necessary entry amount. This isn’t disclosed on the official website.
To sign-up on the site,
- Go to the official sign-up portal — online.
- Retrieve the user sign-up page.
- Follow the onscreen prompt to complete the registration.
- Usually, the member only has to enter their full name, and contact (email address), and then generate a password.
- Also, complete any authentication to finish up the procedure.
If you get the APK, you don’t really need to use any detours like the official sign-in or registration portal. All you have to do is to open the APK, then complete any preliminary sign-ups.
The app does not default to the login page. Otherwise, use your email address and password to sign in to access the dashboard.
Downsides to LT Wallet
The previous section explains how to sign-up on the portal, but this is only a cosmetic feature on the site — it doesn’t really add to the functionality of the APK, which is trash by the way.
So, here are the downsides to LT Wallet.
Pros:
It doesn’t require any fees to get on the affiliate package, but this is ultimately useless since the whole profits depend on investments from other members.
Cons:
Zero reviews about the so-called arbitrage AI
No feedbacks
No evidence of profits realized from the quantitative trading software
Amateurishly worded website, with frequent downtimes
The execs are anonymous, offering what amounts to a Ponzi scheme
No coverage — licenses or SEC regulation.
Conclusion | Is LT Wallet Real or Fake?
Instead of focusing on the arbitrage trade it claims to offer, LT Wallet devolves into a crypto coin pump, with a train of IPOs shrouded as special projects.
Nothing on the website is substantial. Also, most of the PRs rely on the current crypto fad for traffic. If it comes to actual arbitrage trading, LT Wallet isn’t even remotely involved.
Here is the highlight:
The platform does not do arbitrage trading.
It doesn’t provide any audit showing proof of income streams.
Ultimately, the affiliate program remains the only revenue source.
This is what a Ponzi scheme looks like. Don’t fall for the scam.