Welcome to my Bitcoinaire’s Club Review!
You may be an MLM pro or maybe this is your first time looking into an online business, but either way, you are probably here because you want to learn more about this company, right?
Thoroughly researching a new company before signing up is one of the best ways to ensure that you are making a good decision.
You work hard for your money and you want to be sure that it is in the right hands…
This review will help you with your decision by going over the company background, products and compensation plan.
Let’s dig in, shall we?
Bitcoinaire’s Club Review – The Company
The Bitcoinaire’s Club website does not offer any information in regards to who owns or operates the business.
The domain belonging to Bitcoinaire’s Club was registered privately as “bitcoinaires.club” on the 21st of June, 2016.
Bitcoinaire’s Club Reviews – The Products
Bitcoinaire’s Club does not have any retail products or services to offer.
Affiliates who join Bitcoinaire’s Club can only market the affiliate membership.
The company’s affiliate membership also offers access to ‘different kinds of digital downloadable product, video material on bitcoin and other alternative cryptocurrency‘.
The Bitcoinaire’s Club Compensation Plan
Affiliates in Bitcoinaire’s Club must donate bitcoin to each other through a 2×5 matrix.
A 2×5 matrix puts an affiliate at the top of a matrix that has 2 positions immediately under them.
These first 2 positions make up the 1st level of the matrix and the 2nd level is created by adding another two positions under each of the first two, for a total of 4 positions.
Matrix levels 3 to 5 are created the same way, with every new level holding twice as many positions as the level above it.
Once a Bitcoinaire’s Club affiliate joins and donates 0.0023 BTC to an existing affiliate, they are then qualified to get their own 0.0023 BTC from 2 new affiliates who are sponsored into the 1st level of their own matrix.
Levels 2 through 5 of the matrix work the same way, with every new level requiring a donation to be made before donation reciprocation from other affiliates can occur.
- Level 1 – Donate 0.0023 BTC to an existing Bitcoinaire’s Club affiliate and receive 0.0023 BTC from 2 subsequently sponsored affiliates
- Level 2 – Donate 0.0028 BTC and receive 0.0028 BTC from 4 affiliates
- Level 3 – Donate 0.0046 BTC and receive 0.0046 BTC from 8 affiliates
- Level 4 – Donate 0.0184 BTC and receive 0.0184 BTC from 16 affiliates
- Level 5 – Donate 0.0918 BTC and receive 0.0918 BTC from 32 affiliates
Cost To Join Bitcoinaire’s Club
The cost to join Bitcoinaire’s Club as an affiliate is a 0.0023 BTC donation.
To fully participate in the Bitcoinaire’s Club compensation plan, it will cost 0.1199 BTC.
Verdict on Bitcoinaire’s Club
I’ve seen so many of the “donation” companies…
They heavily rely on recruiting new affiliates because that is the only source of incoming income…
Without new affiliates investing money, the company wouldn’t be able to fulfill their ROI promises…
But once recruitment slows down, new investment will also slow down…
Which means ROIs won’t be met and affiliates will start looking for new sources of income…
This is generally when these type of companies collapse…
So if you are thinking of joining this company, do so at your own risk…
I hope you enjoyed my Bitcoinaire’s Club review and if you have any questions, please leave them in the comments below…
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