Cryptocurrency Bank MLM Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that Cryptocurrency Bank MLM is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about Cryptocurrency Bank MLM, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting Cryptocurrency Bank MLM as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about Cryptocurrency Bank MLM in my Cryptocurrency Bank MLM Review – now you can learn all you need to know about it.
Is Cryptocurrency Bank MLM really a legit business?
Is Cryptocurrency Bank MLM a safe business to join?
Let me show you in my review of Cryptocurrency Bank MLM.
Get started by reading my review below.
Exactly What Is Cryptocurrency Bank MLM?
One of the latest MLM opportunities to enter the ring goes by the name of Cryptocurrency Bank MLM.
Cryptocurrency Bank MLM’s website is rather barren when it comes to background data, and this is a result of the company not indicating who its owner is, where it’s being run out of, when it was founded, etc.
A mailing address in Hong Kong is present, but after further research, it became clear that this is nothing more than a virtual address owned by Regus.
Moving outside of Cryptocurrency Bank MLM’s website, I was able to learn that the domain name for the site (ccbmlm.com) was just registered today on June 11, 2017. Unfortunately, since the registration was done privately, there’s no way of knowing who the owner is or where the registration took place.
After even more research, I found that Alexa rankings indicate the United States, Nigeria, and Brazil as being the three largest sources of traffic for the Cryptocurrency Bank MLM website.
Lastly, part of the affiliate agreement for the company hints at Cryptocurrency Bank MLM being based somewhere in Florida —
“Venue and jurisdiction for any action pertaining to this agreement or any disagreement or claim between the parties hereto shall be in Palm Bach County, State of Florida, or in the United States District Court in and for the District of Florida.”
What Is The Cryptocurrency Bank MLM Product Line?
On the product line side of things, there’s not much to speak of when it comes to Cryptocurrency Bank MLM.
Not a single product or service is being sold to affiliates, and as such, there’s a complete lack of retail sales activity.
Consequently, affiliates for Cryptocurrency Bank MLM only have the affiliate membership to offer to people.
What Can You Tell Me About The Compensation Plan For Cryptocurrency Bank MLM?
As for the compensation plan, affiliates for Cryptocurrency Bank MLM spend their time buying matrix positions, recruiting other people to do the same, and secure a nice $10 commission whenever they personally recruit someone new into the company.
To go along with this, affiliates can also earn residual recruitment commissions.
This money is paid to members through the use of 2×20 matrix system, and whenever a new affiliate is recruited into your matrix, you earn a commission of $2.
What Will It Cost To Join Cryptocurrency Bank MLM?
Want to join Cryptocurrency Bank MLM?
If so, it’s currently free to become an affiliate for the company.
Is Cryptocurrency Bank MLM A Scam?
If you have heard that Cryptocurrency Bank MLM is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is Cryptocurrency Bank MLM a scam?
I would say not exactly. However, there are some things to be aware of before joining, which I have detailed in the conclusion.
You will only be successful by recognizing the weaknesses and finding a way to move past them.
Conclusion For My Cryptocurrency Bank MLM Review
Wrapping this up, just where does that leave us with Cryptocurrency Bank MLM?
Right now, the company is set to exit its current prelaunch stage on September 19, 2017.
Until then, you’re able to join the company for free gather up a bunch of cryptocurrency points by recruiting more and more people into the company, and then withdraw your earnings once Cryptocurrency Bank MLM does officially launch.
The cryptocurrency being offered is referred to as CCBM, but the problem with it is that it holds absolutely no value outside of the Cryptocurrency Bank MLM system.
Plus, when September 19 does roll around, you’ll need to pay a fee in order to withdraw the money that you’ve made.
Cryptocurrency Bank MLM wants you to believe that your collection of CCBM will be worth considerably more than when you first got your hands on it, but the fact of the matter is that most affiliates likely won’t earn more than what they’ll need to pay with withdraw their earnings.
Combine this with the fact that Cryptocurrency Bank MLM is essentially operating as a hybrid between a Ponzi and pyramid scheme, and there are a lot of red flags that should immediately turn you off from this one.
I definitely hope you have found value in my Review of Cryptocurrency Bank MLM.
I went into a lot of detail so that you can make a proper decision about whether you want to join or not.
If you do decide to proceed with Cryptocurrency Bank MLM, make sure you take the time to learn how to market yourself!
My training below can help you with that.