Faq

GENERAL

  • WHAT IS FIRST SCRAP?
    First Scrap is a commercial subsidiary of First Scrap Global Inc.
    That deals in the collection,segregation, shredding, recycling and sells several classes of ferrous and non-ferrous metals.
  • WHAT IS FERROUS?
    Ferrous metals are magnetic iron-based metals. Ferrous metal is tough and tensile. Steel is the main iron-containing ferrous metal. Steel makes up 80% of all metallic materials due to its vast availability, low cost, excellent strength, and ease of manufacture. It's utilised in manufacturing, construction, and building. This metal's demand grows as industries grow. Steel production is a measure of industrial advancement.
  • WHAT IS NON-FERROUS?
    Non-ferrous metals lack significant iron. Non-ferrous metals don't rust. They still corrode. Non-ferrous materials can corrode. When they don't rust, it implies they won't form the red, flaky metal found in corrosive steel and iron. Rust is iron oxide. Non-ferrous alloys have less iron, therefore no iron oxide may develop, preventing rust. Non-ferrous metals aren't magnetic. Non-ferrous metals include aluminium, copper, and lead.
  • WHAT'S IS AN INVESTOR'S ROLE?
    First Scrap controls the scrap metal recycling process to create revenues. Its global operations turn metal refuse into reusable products that benefit investors and the environment.
  • HOW DOES FIRST SCRAP MAKE MONEY?
    First Scrap does global metal recycling. Every investment made by you is utilised in the process of metal recycling to acquire metal scrap material, which the firm may process and transform into useful raw material. Every investment we make returns a respectable amount. First Scrap makes earnings through investments, factory disassembly, metal scrap transportation, etc.
  • WHAT HAPPENS WITH THE RAW MATERIAL?
    The raw material created by scrap metal recycling is offered to manufacturing enterprises at current market rates, which are affordable and have high market values.This makes scrap metal recyclable depending on its material value, which is used globally.
  • WHAT IS FIRST SCRAP'S PROFIT?
    Industrialization and urbanisation have progressively increased metal consumption, but metal supplies are limited, offering a greater market for recycled metal. First scrap growth has been great, and we predict a 13% profit gain this year.
  • WHY SCRAP BUSINESS?
    Globally the Metal scrap is a worth of $500 billion business. Rising steel consumption and the urbanisation and industrialisation of developing countries might make the metal scrap sector more lucrative than any other. Growing worries about natural resource depletion have motivated governments in some nations to establish favourable metal recycling policies, boosting the market.
  • WHAT IS THE BUSINESS SCALE OF FIRST SCRAP?
    A First scrap management firm cannot be compared to any other business in terms of scalability. If a metal product is made, it must and will be recycled after a set amount of time, making this business ever-green.
  • WHY FIRST SCRAP?
    We're the largest scrap processing firm to crowdfund megaprojects and deliver daily profits. First Scrap aims to boost its revenue by 13% in 2022-2023, taking into account current and future initiatives.
  • WHAT DOES FIRST SCRAP PROMOTE?
    First Scrap promotes scrap metal recycling, resource conservation, and pollution reduction. We intend to produce high-quality raw materials from scrap metal waste in order to meet global metal demands. Subsequently, we raise awareness around the world so that people are not ignorant about scrap metal management.
  • WHY TYPE OF INVESTMENT OPPORTUNITY DOES FIRST SCRAP OFFERS?
    Investors will love our Excellent Investment packages.
    This investing strategy covers binary, ROI, and precise quotations that cover everything a beginner investor needs to know.
    A $100 investment can provide a $200 return. We provide variable-return investments. An investor can select the best choice and benefit.
  • WHAT IS THE FIRST SCRAP'S VISION
    "To make a difference by increasing the use of recycled metal in the metal industry and encouraging sustainable living by assuring net-zero carbon footprints and no end products."
  • WHERE IS FIRST SCRAP INCORPORATED?
    First Scrap is Incoporated in United Kingdom and Canada. the company is planning to incorporate in many other countries shorlty based on Various nations will adopt it based on their recycling needs.
  • WHERE IS THE FIRST SCRAP HEADQUARTERS?
    First Scrap has its Headquarters located at Canada.
  • WHEN DID FIRST SCRAP OPEN?
    First Scrap began with a few employees in 2000 and incorporated in 2005 for local business operations. In 2020 it got its International business certificate.
  • WHEN DID THE COMPANY INTRODUCED ONLINE?
    The firm went worldwide and digital on July 1, 2021.

INVESTMENT

  • WHAT IS THE MINIMUM INVESTMENT?
    The minimum investment is $100.
  • HOW MUCH PROFIT DOES FIRST SCRAP OFFER?
    The First Scrap offers a daily ROI ranging from 1.55% to 2.45% depending on the investment plan of the user.
  • WHAT IS THE MATURITY PERIOD OF AN INVESTMENT?
    In First Scrap The maturity period of investment range from 140 to 170 days, Depending on the users investment plan.
  • CAN I INVEST IN MULTIPLE PLANS AT A TIME?
    Yes, one can invest in multiple plans at a time. It will not affect any of the investment plans with the accumulation. Each plan starts with a new contract period.
  • WHAT HAPPENS WHEN THE TRANSACTION DOESN'T CONFIRM AND FAILS?
    The funds are usually credited within 2 hours of making a confirmed payment.
  • HOW TO INVEST USING A PAYMENT GATEWAY?
    Login to your account.
    Step 1: Click on "deposit funds" and verify your account by providing the OTP.
    Step 2: Enter the total amount and choose a payment method.Choose a payment method from Bitcoin, or coin payment and you will be redirected to the payment page.
    Step 3: It will redirect the page to the payment gateway, which will have the companys wallet address for the investment.
    Step 4: Make a payment and it will be credited to your account within 2 hours of making a successful transaction.It will redirect the page to the payment gateway which will have the companys wallet address for the investment.
    Make payment and it will be credited to your account within 2 hours of making a successful transaction.
  • HOW TO INVEST USING COMPANY WALLETS?
    Log in to your account.
    Step 1:Click on Investment,and then click Invest Now.
    Step 2: Choose a package, enter an amount, choose a wallet for the investment (Deposit wallet or Scrap wallet)
    Step 3: Enter the captcha code, and click invest.
  • HOW TO SEND MONEY FROM YOUR EARNINGS WALLET?
    Log in to your profile.
    Step 1: Click on Send/Receive Money," and then select Send Money.
    Step 2: Enter the security code for verification. Once it is verified, one can access the send Money option.
    Step 3: Select Wallet, then enter the Receiver ID and amount before submitting.(Note: internal transaction fees are 2%, which shall be deducted from the sender’s account.)

WITHDRAWAL

  • WHAT IS THE MINIMUM WITHDRAWAL?
    The Minimum Withdrawal is $20
  • HOW TO WITHDRAW FUNDS FROM THE CLUB WALLET (REFERRAL/BINARY INCOME)?
    Log into your profile.Click on Withdraw, and then place a Club Withdraw Request.
  • WHEN CAN I WITHDRAW FUNDS FROM MY CLUB WALLET (REFERRAL OR BINARY INCOME)?
    You Can withdraw your Club Wallet Earnings on every Saturday.
    Every Saturday, the withdrawal gateways are open for business, and one can place a withdrawal request for the same every Saturday.
  • HOW TO WITHDRAW ROI?
    Log into your profile. Click on Withdraw and then place an ROI Withdraw Request.
  • WHEN CAN I WITHDRAW MY ROI INCOME?
    ONCE YOUR EARNINGS ARE MORE THAN $20 The ROI Withdrawal Gateways are open on the 15th and last day of each month.These days, one can place his/her ROI withdrawal requests.
  • HOW LONG DOES IT TAKE FOR MY WITHDRAWAL TO BE REFLECTED IN MY EXTERNAL WALLET?
    Withdrawal requests are usually processed within 2 hours and are credited within 24 hours.
  • WHAT IS BINARY INCOME?
    Get people to join the network from your 2 referral links (Left & Right) that are available in the dashboard and earn. A matching number of the right and left leg in the binary bonus, i.e., you get commissions for every 1:1 pair. To earn binary at unlimited levels, it is mandatory to get direct business under you on both sides.
  • WHAT IS REFERRAL INCOME?
    When a customer registers on firstscrap.com, he or she is provided with a referral link. If the individual uses the referral link to bring in a new member who successfully registers on the site and invests, the individual who referred the new member will earn a bonus, which is known as referral income.
  • WHEN WILL I RECEIVE MY ROI?
    Your Daily ROI will be Credited @12 AM GMT as per Canada server time.
  • WHEN WILL I RECEIVE MY BINARY INCOME?
    Your BINARY Commission will be Credited @12 AM GMT as per Canada server time.
  • IS THERE ANY WHATSAPP SUPPORT NUMBER TO GET IN TOUCH WITH THE COMPANY OFFICIALS?
    Yes there is an official support team for assisting 24x7.
    You can reach Mr. Daniel Mclean at +447452263354
    Mr. Daniel Mclean is the Support Team Head of First Scrap Global Inc.

FRANCHISE

  • HOW TO GET A FRANCHISE?
    Investors can choose between two franchise options. The Heroic franchise costs $35000 USD to acquire, while the Premium franchise costs $60000 USD.
  • WHAT ARE THE BENEFITS OF HAVING A FRANCHISE?
    A heroic franchise holder will be entitled to 3% additional referral income on his direct referrals, while a premium franchise holder will be entitled to 5% additional referral income on his direct referrals.
  • HOW DOES A FRANCHISE WORK?
    Whenever a franchise investment is made, a user ID and username will be assigned to the respective country. When a franchise owner's direct referral makes an investment, the franchise owner receives his franchise commission.
  • WILL I RECEIVE FRANCHISE INCOME IF THE USER IS NOT DIRECT DOWN LINE?
    No, for the franchise owner to receive income, one must register using the franchise owner’s referral link.
  • WHEN WILL FRANCHISE INCOME BE CREDITED?
    The franchise income will be credited immediately as soon as the investor invests in a package.
  • WHERE WILL THE FRANCHISE INCOME BE CREDITED?
    The franchise income will be credited in your club wallet.