Spiralbots claims to be an arbitraging company, with enough leverage to cover investments worth $300,000 per cycle in the Spiral Max Bot tier.
Also, it offers affiliate compensation programs, bonus grids, and derivate profits. Most of these offers depend entirely on what the affiliate has previously invested in the company.
Based on the working model, the more you invest, the bigger your profits at the end of an investment cycle, Spiralbots runs a few tiers of packages — just purchase one and let the so-called Spiral Bot do the trade for you.
How Does It Work?
The keyword here is arbitrage. If you know what this is (even a cursory idea), then you probably would know that it takes an experienced financial entity to spot the best sell points profit margins.
For newbies, though, the details and stats that go into proper arbitraging will sound like sci-fi. This of course would be quite like the Official Website, which starts off as a clip from a comic.
Here is the introductory piece on the site.
This doesn’t make sense. It doesn’t say anything about the company’s roadmap or the level of arbitrage it covers.
So, investors will have to take the drab poetry as a sign of trade experience by Spiralbots? That’s more like it. Just a few sections down this, you will see the tiered investment packages — and they are all designated as Bot Traders.
Arbitrage essentially involves trading several commodities as derivatives. It allows the trader to earn profits from the underlying indices.
And here is Spiralbots promising to remove any human factor or rug pull that is often attached to manually executed trades. Its members need only invest with the company, then they get to access transactions that are spotted and executed by the bots at the speed of light. That’s hilarious.
According to the website,
“Spiral Bots is carefully built to enable everyone to earn from the crypto market and never have to worry about rug pulls, Ponzi schemes, and fake pre-sales thereby creating a thin line for financial stability and growth for crypto enthusiasts.”
This isn’t any lead as to what sort of bot design the company has worked up., especially since the menu tab only displays ad-optimized subsections. So far, there are no positive reviews about Spiralbots or even a whitepaper on the site.
Is this platform legit or pure hogwash? See below for details.
TipRanks Review | Download App for iOS and Android | See Pros & Cons
OXO Global Review | Affiliate Compensation | Is OXO Global Legit?
Spiralbots Bots Arbitrage System Bot Tiers
As we mentioned at the start of this article, Spiralbots offers tiered investments with corresponding percentage profits.
If an investor buys any of the packages, Spiralbots sets a flat ROI rate on the purchased tier. This is consistently paid out for the duration of the trade cycle.
The available Arbitrage Systems are three (3).
Spiral Pro Bot
According to the company, Spiral Bot Pro, incidentally the least package on the list, generates 2.4% to 3% daily ROI from cryptocurrencies.
Further, it supposedly works via an auto-compounding mode, implying that if the affiliate chooses to leave the profits in the account, the bot will compound it as part of the carried-over investments for subsequent trades.
To get started, the member will have to make an investment of $10 as a minimum deposit. However, the maximum profit cap for this package is for the $1000 investment mark.
$10 deposit — gets you started on the basics
$1000 deposit — gets you the highest profit on the Spiral Pro Bot package.
Spiral Premium Bot
If an affiliate wants to get a more rewarding package from the platform, then the best bet (just a notch higher than the basic Spira Pro Bot) is Spiral Premium Bot.
The package supposedly runs on a broader margin than the basic portfolio for Spiral Pro Bot, making up to 3.1% to 3.7% ROIs per day.
Also, it has the same auto-compounding mode as the previous Bot System in the lower tier. The working schema is also the same. If you leave the money (profits and capital) with the company, your investments are carried over to the next cycle as a compounded proceed.
$20 deposits — qualifies you for the package
$15,000 deposits — earns you the highest ROI for this package
Spiral Max Bot — Supports up to $300,000 Investments
Here is the jackpot. Spiralbots affiliates earn up to 4.1%-4.7% on this tier, with deposits capped at three hundred thousand dollars ($300,000) per cycle.
It starts from a modest deposit of $50, then movies up to the $300,000 cap. Once you deposit any amount between the lower and upper bounds, you can get as much as 4.7% of the deposit as returns on your investments.
Further, the Spiral Max Bot works in much the same way as the other two previous lower packages. It uses an auto-compounding mode, where the investor leaves the accumulated profits to compound into the next cycle’s trades.
50$ Deposits — qualifies you for the package
$300,000 Deposits — earns you the highest ROI offer on all the Spiralbots packages.
Weighted Cycle rewards | Spiralbots Rebate Bonuses
Apart from the usual affiliate packages supported by the platform, there is also a rebate bonus offer.
Now, rebates are provided as a substitute for cashback as far as a service-oriented company is concerned. It doubles as a compensation plan in this case.
Spiralbots members will get rebate bonuses determined as follows.
A unilevel grid places one member at the top, with subsequent directly referred members entered in Level 1, just below the top affiliate.
The positions In Level 1 can be more than two, unlike the case for binary team lattices. The same goes for other Spiralbots unilevel Levels.
If an affiliate in Level 1 recruits someone to the site, his referral is entered in Level 2. The affiliate is at liberty to refer more than one person.
So, here are the rewards — rebate bonuses — per level.
Six percent (6%) — goes to Level 1 affiliates
Three percent (3%) — goes to Level 2
Apparently, Spiralbots only supports up to two levels at most.
Conclusion | Is this a Scam?
If you read the whole proposition from the official website, you will know that this is a scam. No one starts an arbitrage business with a comic title unless it was a preamble for a sci-fi film.
Also, the domain is registered in the US, which would naturally require Spiralbots to have proper SEC regulations for the securities it handles. But it doesn’t have any such documents on its website.
Moreover, there is nothing to show for all the investment ads — because the company is a scam. If it really has a bot that automatically executes arbitrage trades, it would charge more than it does.