Binary Global Review – Legit Business or Scam? Find Out Here…
Welcome to my Binary Global Review!
There has been some buzz about this company lately, so I decided to do a review and look into it myself.
It’s always a good idea to do some research about any company before investing your hard-earned money.
In this review, I will talk about the company, their products and the compensation plan they offer.
So let’s dig in!
Binary Global Review – The Company
I wasn’t able to find any information on the company website about who owns or operates Binary Global.
Registered on December 28th, 2015, the Binary Global website domain, registered as “binaryglobal.net”, was updated on November 6th, which suggests that this is when the current owner took over the domain.
A little research into the registration revealed that Joshua Harris is listed as the owner.
There is also a U.S. address listed, but it does not seem to exist.
I always say that if a company is not completely upfront and transparent about who is running the business or where it is run from, you should think twice before investing.
Okay, so we know a little bit about the company, let’s look into the products!
Binary Global Reviews – The Products
Binary Global does not offer any retail products or services.
Affiliates who join Binary Global are only able to market and sell the affiliate membership.
Every Binary Global affiliate membership comes with a series of ad credits, which can then be used by affiliates to put up advertising on the company website.
The Binary Global Compensation Plan
In order for an affiliate to participate in the Binary Global compensation plan, they must Donate bitcoin to each other via a 2×10 matrix.
What is a 2×10 matrix?
It is a compensation structure that puts an affiliate at the top of a matrix and then has two positions right underneath them.
These first two positions make up the first level of the matrix and the second level is made by adding another two positions under each of the first two positions.
Levels of the matrix continue down in the same way, with a completed 2×10 matrix holding 2046 positions.
Affiliates fill these matrix positions through direct and indirect sponsorship of new affiliates.
When a Binary Global affiliate signs up, they start by gifting 0.03 BTC to the affiliate who sponsored them.
Once this payment is made, the affiliate is qualified to receive 0.03 BTC from the next two sponsored affiliates.
To unlock the second level of the matrix, 0.04 BTC must be Donated and received.
The Binary Global compensation plan increases gifting payments between affiliates like so:
- Level 1 – Donate 0.03 BTC to the affiliate who recruited you and receive 0.03 BTC from two subsequently recruited affiliates
- Level 2 – Donate 0.04 BTC and receive 0.04 BTC from four affiliates
- Level 3 – Donate 0.08 BTC and receive 0.08 BTC from eight affiliates
- Level 4 – Donate 0.14 BTC and receive 0.14 BTC from sixteen affiliates
- Level 5 – Donate 0.7 BTC and receive 0.7 BTC from thirty-two affiliates
- Level 6 – Donate 1.12 BTC and receive 1.12 BTC from sixty-four affiliates
- Level 7 – Donate 1.4 BTC and receive 1.4 BTC from one hundred and twenty-eight affiliates
- Level 8 – Donate 1.8 BTC and receive 1.8 BTC from two hundred and fifty-six affiliates
- Level 9 – Donate 2.1 BTC and receive 2.1 BTC from five hundred and twelve affiliates
- Level 10 – Donate 2.8 BTC and receive 2.8 BTC from one thousand and twenty-four affiliates
Cost To Join Binary Global
The cost to join Binary Global as an affiliate is the 0.03 BTC Donated payment that must be made to the affiliate who sponsored you.
Binary Global Review – The Verdict
Looks like Binary Global is another BitCoin gifting scheme with this whole “donation” and matrix compensation plan.
Whenever there are no retail products or services and people are donating money to their direct upline in some kind of matrix compensation plan, you should think twice before joining.
I feel like there are a TON of these types of businesses popping up and let me tell you that they won’t be here long term…
Also when the leadership isn’t upfront about themselves, that is a big red flag…
In other words, I don’t recommend Binary Global because of those reasons above…
Anyway, I hope you enjoyed my Binary Global review and if you have any questions, leave them in the comments below…
Jesse What Do You Recommend?
If you already joined for some reason, this still applies to you because you should never put all your eggs in one basket…
After reviewing hundreds of companies and systems…
It’s the only system where you will learn step by step on how to build a business online with the right products, tools and one on one coaching to make sure you are on track…
Take a look at my recent results:
Better yet, take a look at my team members:
In other words, this works!
You will thank me later 🙂
Follow me on Social media below:
Add Me On SnapChat:
Snap Chat I.D: MillDrive
See you at the top,
P.S. Sign up for my news letter below to transform your life now…(serious people only).