WesternCoin is a cryptocurrency that claims to have trading, lending, and staking systems in place. The crowdsale for the token began on October 2 and concludes on October 31, 2017.The website features limited details about the currency and how it works. There’s no whitepaper, and no information about who created the currency. At first glance, the entire operation looks like a scam.By the time you get to the bottom of the WesternCoin homepage, you’ll realize that the company has some type of multilevel marketing system or pyramid scheme in place: if you buy a bunch of WesternCoin tokens today, you’ll earn 45% ROI per month. The more money you give the company today, the higher ROI you’ll earn.