BeeCash Review – Is This A Good Opportunity Or Big Scam?
BeeCash has been getting a lot of attention on the web lately.
Because there is so much hype, a lot of network marketers are trying to sell this opportunity all over the place, including all over social media.
I want to let you all know that I am NOT in any way promoting or selling BeeCash.
I have simply gathered for you all the facts in this BeeCash Review in order for you to make a proper decision about it.
So, is it true? Is BeeCash a scam?
Can it really help you build an online empire?
Let’s carry on with the review.
What Is BeeCash?
BeeCash is the latest company up for review, and at first glance, it creates for a pretty poor initial impression.
The domain name for BeeCash was registered back on November 28, 2017, the owner is listed as just “Beecash coin”, and the location for the registration is the very fishy “Registrant City: United Stage.”
Looking at the content on BeeCash’s site, there’s not much to see here, either.
There’s no mention of who owns the company, where it’s located, or when it was actually founded.
You can find marketing videos for BeeCash that feature narration by someone with a heavy European accent, and this leads me to believe that whoever’s operating BeeCash is doing so out of Europe.
With that said, there’s nothing else to say on that end.
What Are The Products For BeeCash?
On the product line side of things, this is another disappointing area for BeeCash.
There aren’t any goods or services being sold by the company, and as a direct result of this, there’s no way for retail sales activity to exist.
This means that affiliates are left with just the affiliate membership to promote to individuals, and this is typically something that’s only seen with entities in the MLM underbelly.
In other words, this should serve as a big red flag if you’ve been looking into BeeCash.
What Is The Compensation Plan For BeeCash?
If you join BeeCash, you’ll need to take your money and invest it into BEH points.
These are points being offered by BeeCash’s owners, and they’ll cost you between 60 cents and $1.20 per each one.
You can lend these back to BeeCash after acquiring so many, and this will enable you to earn a monthly ROI that pays up to 45%.
BeeCash has four main investment options that you can choose from, and they work out as follows:
- Earn a daily ROI for 200 days after investing $100 to $1000
- Earn a daily ROI + 0.1% bonus for 180 days after investing $1001 to $5000
- Earn a daily ROI + 0.2% bonus for 120 days after investing $5001 to $10,000
- Earn a daily ROI + 0.35% bonus for 90 days after investing $10,001 to $100,000
While that may sound good on the surface, there’s a huge caveat that you need to take note of.
When you go to withdraw your earnings, you can only take out 30% of what you make. The other 70% has to be reinvested into BEH points, and this is something that applies to every single member.
Lastly, BeeCash affiliates can also earn through referral commissions.
BeeCash functions similarly to other companies by using a unilevel system to handle these commissions, and here affiliates can earn down to fifteen levels of recruitment.
Because of this, there’s a huge incentive to enlist as many people as possible if you want to really maximize your earning potential.
What’s Does It Cost To Join BeeCash?
Interested in joining BeeCash? You can do so for free and earn on just referral commissions, but investing $100 or more will allow you to earn on these and the offered ROI.
Is BeeCash A Scam?
Have you heard from a friend that BeeCash is a scam?
Based on this review, it might be hard to tell.
What exactly is the truth about BeeCash – is it a scam or legit?
Good news – BeeCash is not really a scam.
But, be sure to take a look at the conclusion, because there are some things you should be aware of.
This is how you will build a successful in your business.
Let me help you make more money.
BeeCash Review Conclusion
BeeCash is a pretty typical ICO Ponzi scheme, but unlike most of these, BeeCash doesn’t bother explaining how in the world it’s generating money for the ROI and commissions it’s offering.
Thanks to this, it’s even easier to identify BeeCash for the Ponzi scheme that it is.
Most everyone that joins BeeCash will end up losing out, and any money you do lose will be next to impossible to recover.
Only the anonymous admin(s) will earn anything of real value, and when BeeCash inevitably collapses, they won’t be anywhere to help you out.
We’ve seen countless companies similar to BeeCash before, and they all result in people losing out with no real chance of earning substantial money.
Because of this, you should easily understand why BeeCash isn’t worth your time or money.
I sure hope that you have found my BeeCash review helpful for you.
Some other reviews have been pretty scant on details, and I wanted my BeeCash review to have all the information for you.
If you decide to carry forward with BeeCash, make sure you make the most out of it and learn how to market yourself online.
Click to get my free training that shows you how.