Bitdax Global Review – Legit Opportunity or Scam? Not What You Think…
Welcome to my BitDax Global Review!
This is one of the latest network marketing companies to pop up on my radar so I decided to check it out for myself to see what it was all about…
Maybe someone in the business approached you and you landed here to make sure it’s legit right?
The good news is I am going to walk you through the company, products and compensation plan so you can make the right decision…
So pay close attention and read this to the end…
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Having that said, let’s dig into this…
BitDax Global Review – The Company
BitDax claims to be:
a Fintech institution registered offshore to provide research, financial partnerships to blockchain start ups and in housed developers in AI Application in trading.
I couldn’t find the address until I checked out the Terms and Condition page which shows a UK address.
However, it’s virtual and is owned by Blue Square offices.
The good news is we know who the owners are!
Andrew Savvides and Robert Slattery are the founders of BitDax Global.
Andrew has been promoted Forex opportunities in the past but now focusing on cryptocurrency.
I couldn’t find any information on Robert at all…
That’s all I got on the company, let’s check out the products next…
BitDax Global Reviews – The Products
BitDax Global has no retail products or services, but you can promote the affiliate membership itself.
However, there do have some services…
BitDax Global Trading Business Trader
Once you become a BitDax Business trader, you can profit from every BitDax token purchase.
According to their website, you can earn up to 1% daily profit…
BitDax Global Trading Business Builder
You can earn a matching bonus reward of up to 50% in tokens. You can also earn up to 0.5% profit daily.
Already that’s it for the products/services, let’s take a look at the compensation plan inside of this BitDax Global review…
BitDax Global Compensation Plan
When you get started with BitDax Global, you invest $50 or more worth of cryptocurrency on a promise of a 5% weekly ROI for 200 days.
The payments are made in BitDax Global tokens which members can convert into bitcoin or ethereum through their exchange system.
You can also auto-invest your ROI payments for more tokens.
The amount you can withdraw will depend on your rank:
- Regular affiliate – $50 a day
- Bit Bronze Leader – $100 a day
- Bit Gold Leader – $200 a day
- Bit Diamond – $750 a day
- Bitcoin Leader and higher – No limit
BitDax Global Ranks
The company has five ranks in total.
Below is the qualifications needed to hit them:
- Bit Bronze Leader – Invest in at least 2000 tokens, personally sponsor at least ten affiliates and have a total downline investment of at least 10,000 tokens
- Bit Gold Leader – Invest in at least 5000 tokens, personally sponsor at least twenty affiliates and have a total downline investment of at least 20,000 tokens
- Bit Diamond Leader – Invest in at least 10,000 tokens, personally sponsor at least thirty-five affiliates and have a total downline investment of at least 60,000 tokens
- Bitcoin Leader – Invest in at least 20,000 tokens, have at least 200,000 bonus tokens and personally sponsor at least fifty affiliates
- Bit President – Invest in at least 100,000 tokens, have at least 1,000,000 bonus tokens and personally sponsor at least one hundred affiliates
Bonus BitDax Tokens
You can get bonus tokens when you sponsor new investors.
You can get bonus tokens at a rate of 50%…
The higher ranks get bonus tokens through a unilevel…
- Bit Bronze Leader – 50% on level 1 (Personally sponsored members) and 10% on level 2
- Bit Gold Leader – 50% on level 1 and 10% on levels 2 and 3
- Bit Diamond Leader and higher – 50% on level 1 and 10% on levels 2 to 4
Just so you know that Bonus tokens pay a 0.5% daily ROI.
Rank Achievement Bonus In BitDax
Once you hit Bit Bronze Leader or higher rank, you get the following bonuses:
- Bit Bronze Leader – $700
- Bit Gold Leader – $1000 one-time payment once rank held for two months and then $500 a month for ten months
- Bit Diamond Leader – $2000 one-time payment once rank held for two months and then $1500 a month for ten months
- Bitcoin Leader – $5000 one-time payment once rank held for two months and then $3500 a month for ten months
- Bit President – $20,000 one-time payment and then $20,000 a month for ten months
BitDax Global Mining Pool
Global Mining Pool is made up of 5% of the companies revenue.
Members that invest or reinvest 5000 or more tokens in a month will get a share.
Cost To Join BitDax Global
Cost To Join BitDax Global is a minimum $50 investment into their tokens…
The moment you have been waiting for inside of this BitDax Global review…
Verdict on BitDax Global
If you take a look at their website, they claim their external ROI revenue is through some trading method in the stock and forex market.
However, I couldn’t find ANY proof of that at all and where these trades are being made.
Plus their tokens are useless outside of the company so you are investing in air pretty much.
Now if they could really pull a 5% ROI every 5 days, they don’t need investments from affiliates.
Think about that?
They could get a loan from the bank and make a killing…
Because of all these red flags, it looks like the company is making their money by having newly invested funds paying off existing members.
Which makes this a ponzi…
Unless they can PROOF their trading stuff, I rate the company the following: [yasr_overall_rating]
Anyway, I hope you enjoyed my BitDax Global review and if you have any question please ask them in the comments below…
If you have any comments of your own, feel free to comment below…
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