Earning sites

Bitcoin5 Review

It’s time for another review as this company is making a huge buzz in the business market. Whenever I found a new company, I always like to study in depth to see if it’s legit or not.

I request you to do the same! but this time via my research based review

After studying everything about the company, you will be able to decide whether it is lucrative or not.

My review will show you the detail about company background, the products, and the compensation plan.

Let’s get to it!

Bitcoin5 Review

The website does not provide any information of the owner of the company. And domain was hosted privately as “bitcoin5.com” on the 8th of March, 2017.

Bitcoin5 website provides the address of the corporate office, Manchester, UK. But, after close observation, it discloses that this address is actually virtual office space.

Adam Bates is listed as the sole Director of the company with different Manchester residential address. Lack of information of Adam Bates proves that they are fooling the customers and no such person exists.

Note: Due to some personal issues bitcoin5.com is redirected to the company called Kraken Bitcoin Exchanges “www.kraken.com”

Bitcoin5 Products

Bitcoin5 does not offer any retail products or services. Members who join Bitcoin5 can only market the company membership.

Must read: Reviews on other investment companies – God Gift MatrixTraffic Share PartnersXtreme Coin Business

Bitcoin5 Compensation Plan

For daily ROI of 5%, members of Bitcoin5 must invest 0.005 BTC or more.

For the course of 20 days, Bitcoin5 pays this out at variable ranges in 1% to 5%. After the completion of 20 days, members can withdraw their earned funds and initial investment.

Let’s talk about the referral commissions…

The company is structured in uni-level for the referral commission.

The structure rank the member at the top of the uni-level tree, then another member is under previous one, this is how the level 1 is made.

When level 2 members bring new members, they are put downline in level 3, and this continues as many levels required. Members can earn referral commissions on 3 or 5 unilevel team levels, which depends on a number of members they have sponsored.

If any member recruits less than 300 members, they earn:

  • 8% commissions on level 1 (direct recruits)
  • 2% commissions on level 2 and
  • 1% commissions on level 3 to 5

But if any member recruits more than 300 members, they earn:

  • 12% commissions on level 1(direct recruits)
  • 3% commissions on level 2
  • 1% commissions on level 3 to 5

Joining In

You need to invest a minimum of 0.005 BTC to be the member of Bitcoin5.

Final Words

My review will help you to take the right decision.

After reading this, you may wonder to find out this company is legit or a complete scam.

So, what’s the truth?

Sincerely, Bitcoin5 is not really a scam, but you need to be conscious of the following updates listed below.

As per Bitcoin5, funds for the ROI are generated from “electronic currency transactions.”  But I have not found any details regarding the process of the transaction are taking place.

Therefore, the registered members are being paid with the new joining member funds.

So what is the problem?

Well, when recruitment numbers falter, then the company’s income slowdowns…

Be sure to remember this information when you are thinking to join this company.

Company Website: www.bitcoin5.com  www.kraken.com

Social Media

Facebook: https://www.facebook.com/KrakenFX/

Twitter: https://twitter.com/krakenfx

LinkedIn: https://www.linkedin.com/company-beta/3787845

GitHub: https://github.com/payward

Tags
Show More

Q D

QD club is a Bitcoin billionaire community of Crypto Analyst, News Writers, and Cryptocurrency Investors. It is a research-oriented club which is gently in the process of compiling reviews on MLM companies.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

four × four =

Back to top button
Close
whatsapp