BTC Global Team Review – Legit Biz Op or Big Scam? Find Out Here…
Welcome to my BTC Global Team Review!
With so many new MLM companies popping up almost on a daily basis, it can be hard to decide which are the legit ones and which ones give false hope.
So how do can you tell which company is the right one for you?
It’s as simple as that my friends!
Read and learn as much as you possibly can about a company before jumping in.
My blog review will help you do just that, by giving you the necessary info you need about the company’s history, their products and their compensation plan.
Let’s get started!
BTC Global Team Review – The Company
When I went on their company website, I noticed that it was lacking important information on the owner and the person who is running the business.
‘The marketing arm of Steven’s Trading business,’ is what company seems to say about itself.
We are backed by our founding trader at Steven Twain.
Steven has 6 years of experience trading binary options with consistent success, over the last 3 years he has started providing trading services for other large investors ($10,000+ only).
(Our) group negotiated an amazing deal with Steven to get access to his trading services.
The picture of Twain presented on the company website actually matches the picture used to represent him on Instagram under the handle @steventwain22, but now it seems to have been erased.
Twain used to use his Instagram account to advertise an undisclosed business opportunity, saying it was giving earnings of 10% to 15% weekly, and this all began about 2 years back.
About 5 months ago, Twain was also found promoting a 10% weekly ROI on a bitcoin investment opportunity.
Near the same time, Henry Obianyo, was also advertising this weekly 10% ROI business opportunity through Facebook, and he was using the contact info for Steven Twain.
Based out of Nigeria, Obianyo, operates the company Michrob Koncepts Free Signals, a Telegram private chat group that uses binary signals.
The Nigerian location of Obianyo could have some bigger meaning to it.
There is a picture from Twain’s old Instagram account, wherein the Nigerian Naira can be seen as the exchange currency on the screen.
A Steven Twain profile on Facebook was made only a short while ago in August and was used the very same day to advertise the business opportunity of BTC Financials.
Currently the company of BTC Financials goes by the name of BTC Global Team.
I would also like to point out there was one more BTC Global which started up earlier in 2017.
What is unclear is if the two companies are related or unrelated, we’ll just have to wait and see if BTC Global and BTC Global Team will reveal the answer to this question.
Being that both companies have ties to Africa, there could be more to it than a simple coincidence.
A little more digging and research reveals that the BTC Global Team website domain was registered privately on the 11th of August in 2017 (which was also close to the period when the Steven Twain profile was made on Facebook).
BTC Global Team Reviews – The Products
BTC Global Team has no retail products or services for affiliates.
Affiliates who sign up with BTC Global Team can only market and sell the company affiliate membership.
The BTC Global Team Compensation Plan
Affiliates who want to take part in the company compensation plan must sign up and invest in the company.
With the agreement of a “guaranteed” 14% ROI every week, company affiliates will invest in bitcoin.
Then company affiliates can take out ROI payments, but only after 8 to 14 days following investment.
A unilevel compensation model is used by the company to pay out referral commissions.
The unilevel compensation model puts an affiliate at the top of a unilevel team, where any personally sponsored affiliate is placed right underneath them onto level 1.
When a level 1 affiliate sponsors new affiliates, they are then put onto level 2 of the original affiliate’s unilevel team.
When a level 2 affiliate sponsors new affiliates, they are then put onto level 3; and the level creation in the unilevel team continues in this manner down a hypothetical never ending amount of levels.
The company does cap payable unilevels at level 5, where commissions are paid to the affiliates as a percentage of the capital (funds) invested per their respective level:
- Level 1 (personally sponsored affiliates, must sponsor at least 5 affiliates) – 5%
- Level 2 (must sponsor at least 15 affiliates) – 4%
- Level 3 (must sponsor at least 30 affiliates) – 3%
- Level 4 (must sponsor at least 50 affiliates) – 1%
- Level 5 (must sponsor at least 100 affiliates) – 0.5%
Cost To Join BTC Global Team
The cost to join the BTC Global Team as an affiliate is free.
Although, it should be noted that company affiliates must invest in bitcoin to fully participate in the business opportunity and the company compensation plan.
Verdict on BTC Global Team
Overall with no proof of external income sources coming into the company to make those ROI’s, I don’t see this company being legit…
This reminds me of those fly by night companies that come and go and take peoples money.
No investment company can “guarantee” ANY ROI let alone 14% even if there is external income sources because that can vary.
What is happening is newly invested funds are paying off existing members creating those ROI’s and it will be short lived.
Why you ask?
Once recruitment slows down, there goes the ROI and the company will collapse.
Seen it TOO many times and have warned people about companies like this a LOT.
Having that said, I don’t personally recommend this company…
Anyway, I hope you enjoyed my BTC Global Team review and if you have any questions please leave them in the comments below…
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