Bitfinite Review – Is This A Good Opportunity Or Big Scam?
In the last few weeks, Bitfinite has been getting a lot of attention in the network marketing circles.
With all this hype, I am sure you have seen some of your friends trying to sell Bitfinite in your social media feeds.
The first thing you need to know is that I am NOT an affiliate or distributor for Bitfinite.
I wanted to gather all the information about Bitfinite in my Bitfinite Review in order for you to make a decision about joining Bitfinite.
Is Bitfinite legit or a scam?
Will it be able to deliver on it’s promises to you?
Let me show you in my unbiased review of Bitfinite.
Read on to find out what you need to know.
What The Heck Is Bitfinite?
In the case of Bitfinite, we’re dealing with an MLM opportunity that’s about as faceless as they come.
Look as I did, there’s no visible mention of who owns Bitfinite, where it’s based out of, when it was founded, or anything along these lines.
The domain name for Bitfinite (bitfinite.co) was registered on November 2, 2017, but this turns out to be nothing more than a dead end.
Because the domain was registered privately, there’s no way of telling who the domain owner is or where the registration took place.
Faceless/anonymous opportunities are rampant in the MLM world, and if you’ve been following my reviews for some time, you’ll know that they’re often the sign of illegitimate or illegal activities.
What Are The Bitfinite Products?
Moving over to Bitfinite’s product line, this is another area where there’s hardly anything to talk about.
Bitfinite doesn’t market or sell or any goods/services, and because of this, you won’t find any retail sales activity.
This leaves affiliates with only the affiliate membership to offer, and this is another telltale sign that you’re dealing with something dirty.
Legitimate MLM opportunities need product lines to generate income to offer commissions and ROIs, but Bitfinite can’t do this.
Instead, affiliates join, pay money, and then encourage other people do do the same thing.
What About The Compensation Plan For Bitfinite?
Looking a bit closer at the membership opportunity, those that choose to join Bitfinite are asked to buy points the company is pre-generating.
These are referred to as BFC points, and they range in price from 75 cents up to $1.15 per each point.
Once you purchase these, you’ll then need to lend them back to Bitfinite in order to earn an ROI that’s advertised.
The ROI is capped at 45% per month, and the available investment tiers are as follows:
- Affiliates earn the ROI and daily 0.1% bonus for 240 days after investing $100 to $1000
- Affiliates earn the ROI and daily 0.25% bonus for 180 days after investing $1010 to $5000
- Affiliates earn the ROI and daily 0.35% bonus for 150 days after investing $5010 to $10,000
- Affiliates earn the ROI and daily 0.40% bonus for 120 days after investing $10,010 to $50,000
- Affiliates earn the ROI and daily 0.45% bonus for 90 days after investing $50,010
To supplement money earned with the ROI, affiliates also have the chance to earn on referral commissions.
Referral commissions are offered through a unilevel system, and affiliates can earn up to six levels of recruitment.
As for the exact breakdown of these earnings:
- Affiliates earn 3% on Level 1
- Affiliates earn 1% on Levels 2 thru 4
- Affiliates earn 0.5% on Levels 5 and 6
What’s The Cost Of Joining Bitfinite?
You have the option of joining Bitfinite for free, but doing so will restrict you to earning on just referral commissions.
If you want to earn these and the ROI that’s being offered, you’ll have to invest a minimum of $100.
So, Is There A Bitfinite Scam Going On?
Have you been hearing rumours that Bitfinite is a scam?
After reading this review, you might still be asking yourself if it is really legit.
So – what is the truth? Is there really a Bitfinite scam going on?
If I am being perfectly honest, Bitfinite isn’t entirely a scam.
However, there are some things you need to watch out for.
This is how you will be successful in online marketing. See the image below for details.
Finally, My Bitfinite Review And Conclusion!
On its website, Bitfinite claims it gets revenue for the ROI thanks to “AI BOT trading software.”
Aside from this, however, there’s no explanation of how it works or proof that it actually exists.
Instead, the only source of actual income Bitfinite is receiving is that of affiliate investments.
Newly invested funds come into the company and are immediately used to pay off existing ROI liabilities — resulting in Bitfinite being a Ponzi scheme.
As the story often goes with Ponzi schemes, this is bad news.
The anonymous admin(s) will end up earning the lion’s share of what’s invested, and everyone else will likely be left to lose out.
This is the story of most all Ponzi schemes, and Bitfinite isn’t going to be any different.
I really hope you have gained value from my Bitfinite Review.
I wanted to make sure you had all the information you needed, because most other Bitfinite reviews are just trying to sell you something.
If you really do decide to join Bitfinite, I want you to succeed with your business. Learn how to market yourself properly!
My training can help you make money online!