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It is for those people who want to learn to trade with assets such as gold and cryptocurrency. The Trader package price around 500 Euros and gives access to the first two levels of the OneAcademy. This program features an introduction to financial products and trading and gives the students online reading materials, videos, and quizzes, certificates to start exploring the one exchange. The Starter package price around 100 Euros and gives access to the online OneAcademy Level 1. They have a total of three sites where their servers mine, one in Hong Kong and two in Bulgaria. They run OneAcademy, which is an e-learning platform that gives you guidance on financial topics like trading, the stock exchange, cryptocurrency, financial analysis, asset management and more.Įvery package comes up with a certain number of tokens which you can use them to mine OneCoins. The main product of the Company is the sales and distribution of educational products (the OneAcademy) and guides its members to mine cryptocurrency. The owners are claiming it to bring it as close as possible to the Bitcoin, but the truth is as soon as it expanded to major cities of different countries, the Government of different countries suspended the Company and also warned its citizens about the OneCoin Scam. The Company is also managed by Sebastian Greenwood who has a bad history with some of the shady MLM sites that were later on brought down by authorities. However, including the United States, they are not allowed to operate. It is endorsed by companies like OneLife Network Ltd in Belize and OneCoin Ltd in Dubai and it's headquartered is in Gibraltar with some offices in Bulgaria. So, in other words, it is digital coins that are created through a process of mining.Īlso, there is a fixed number (120 billion coins) of OneCoins, ensuring they cannot be affected by inflation and are impossible to counterfeit.īecause a central bank does not control crypto-currencies, the value of the coin depends on factors such as usability, demand, and supply. OneCoin is a new cryptocurrency similar to BitCoin, and it was launched in 2014 by Dr.