Bitcoin Bank Cycler Review
Welcome to my Bitcoin Bank Cycler Review!
People interested in affiliate marketing often take an interest in MLM to add some more affiliate income on the side.
While there are plenty of legitimate businesses out there that can help you earn a decent amount of money, a program known as Bitcoin Bank Cycler has earned itself a lot of notoriety in recent times.
So what’s the hype all about that’s making people on social networking sites share about this scheme like crazy?
In this review, we are going to find out all about the Bitcoin Bank Cycler and if it’s worthy of your time and investment.
Without any further ado, let’s jump right in…
Bitcoin Bank Cycler – the company
I hate to start off a review mentioning something negative, but this is something that has to be done.
Bitcoin Bank Cycler seems to be a company that doesn’t deem it is important to mention background information on their website.
While I am not sure what purpose such discretion serves, but it’s safe to say it tends to drive people away more often than not.
After finding no information, I took to doing a bit of Google search to know about its domain history.
It turns out the domain was registered recently on 25th January 2017.
However, the owner seems to have gone to great lengths to ensure that his/her identity remains private as well as the place of registration of the domain.
Now I don’t know about you, but most people would be skeptical of doing business with a faceless entity.
I believe that having a thorough understanding of the company you’re about to deal with lays the foundation for an honest relationship.
Unfortunately, it is not the case with Bitcoin Bank Cycler.
Bitcoin Bank Cycler Reviews – Products offered
Another thing I find off-putting is that Bitcoin Bank Cycler has no product or service to sell.
The only mode of earning money is through affiliates bringing in more people to join the program and earn a commission as a result.
Now, it’s hard not to question a business model like this because plenty of so-called companies, following the same business model, have duped people.
What’s the compensation plan?
Coming to the matters of compensation, I’ve got another surprise for you!
Here, money is made by affiliates for Bitcoin Bank Cycler by purchasing places in just a three-tiered matrix system.
There are multiple sizes to the matrix set up, plus they contain:
Bitcoin Bank Cycler affiliates get started with the 2×1 matrix, and getting two other individuals to get places below you fills this.
Each and every time any of these matrices gets filled, a cycle is activated as well as the following fee is paid out.
The amount of cash that’s paid out to members is dependent on which grade involved with, and people three grades comprise Gold, Silver, and Platinum.
However, I am not planning to go into details concerning the precise payout for all the changing phases for all these amounts.
Here are the things they come with and what it costs to purchase to the grades
Affiliates that decide to go together with the Silver degree must pay 0.028 BTC.
Individuals trying to step up their game can go together with the Gold level.
Cost of membership
To become an affiliate for Bitcoin Bank Cycler, you’ll need to purchase a subscription to one of the three available affiliate tiers – Silver, Gold, and Platinum.
To get started, you must at least buy a Silver membership by paying 0.028 BTC.
Subscribing to Gold will set you back by 0.07 BTC while Platinum costs 0.13 BTC.
It’s important to take note that the fees for subscription are recurring, with one-time payment giving you access to the program for 10 weeks.
After the period is over, you’ll have to purchase the subscription once again.
Bitcoin Bank Cycler – is it legit or a scam?
Okay, we know that times get a little rough sometimes and everybody gets desperate for money.
But unless you’re sure what you’re walking into or wouldn’t mind losing some currency, I would advise you to stay away from this scheme.
It’s pretty clear that the company’s only source of revenue is affiliate investments, which they cycle like a Ponzi scheme.
Moreover, this program might also be legal in some parts of the world as it is technically financial fraud.
I advise that you stay on the safer side and find some other investment opportunities that are worthy of your hard earned money.
Oh! and don’t forget to share this review with your friends on social media as well.
Who knows, they might be getting into some trap that they’ll regret later on.
Thank you for taking your time to read my Bitcoin Bank Cycler Review.
I hope that you found all the information which you were looking for.
If you have any questions or would like to leave a comment, leave them in the comment section below.
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