Daily Binary BTC Review – Legit Company or Another Scam?
Welcome to my Daily Binary BTC Review!
Are you looking for a new online business venture to join, but you don’t know where to start?
You want to dive in, but you want to make sure the business you choose is legit.
And that’s what I’m here for!
In my review, I will provide you with what you need about this company’s background, products, compensation plan, and cost to join, so you can decide for yourself if this is the company for you.
Let’s get to it!
Daily Binary BTC Review – The Company
To begin, the Daily Binary BTC website doesn’t offer much in regards to who owns or operates the company.
Though I did find out that the Daily Binary BTC website domain was registered privately as “dailybinarybtc.com” on the 2nd of June, 2019.
A quick look at Daily Binary BTC’s Terms and Conditions reveals that the company is run within the jurisdiction of Road Town in the British Virgin Islands.
Daily Binary BTC Reviews – The Products
Daily Binary BTC does not have any retail products or services for affiliates to purchase or sell.
When an affiliate signs up, they can market the Daily Binary BTC affiliate membership.
The Daily Binary BTC Compensation Plan
Daily Binary BTC affiliates must invest bitcoin for a daily 0.25% to 2% return.
There are 8 investment package tiers:
- DB1 – 0.01 BTC
- DB2 – 0.025 BTC
- DB3 – 0.1 BTC
- DB4 – 0.5 BTC
- DB5 – 1 BTC
- DB6 – 2 BTC
- DB7 – 3 BTC
- DB8 – 5 BTC
Once an affiliate earns 200% ROI, they are required to reinvest at an equal or higher tier in order to continue earning.
Affiliates earn referral commissions on invested funds down 3 levels of sponsorship (unilevel).
- Level 1 (personally sponsored affiliates) – 5%
- Level 2 – 3%
- Level 3 – 2%
Residual commissions are tracked and paid through a binary compensation structure.
The binary compensation structure puts an affiliate at the top of a binary team that divides into a left and right side.
Level one of the binary team holds 2 positions and level two is made by dividing these first 2 positions into another 2 positions each, for a total of 4 positions.
Additional binary team levels are made as needed, with every new level holding twice as many positions as the level before it.
Binary team positions are filled through direct and indirect sponsorship of affiliates, with no current limit as to how far the team can grow.
Daily Binary BTC counts up new investment volume on each side of the binary team at the end of every day.
Affiliates earn a percentage of the funds accumulated on the weaker side of their binary team.
Residual commission rates depends upon the amount a Daily Binary BTC affiliate has invested themselves:
- DB1 – 3% capped at 0.02 BTC a day
- DB2 – 4% capped at 0.05 BTC a day
- DB3 – 5% capped at 0.2 BTC a day
- DB4 – 8% capped at 1 BTC a day
- DB5 – 9% capped at 2 BTC a day
- DB6 – 10% capped at 4 BTC a day
- DB7 – 11% capped at 6 BTC a day
- DB8 – 12% capped at 10 BTC a day
In order to qualify for residual commissions, a Daily Binary BTC affiliate must sponsor a minimum of 2 investors (one on each side of the binary team).
Cost to Join Daily Binary BTC
The cost to join Daily Binary BTC as an affiliate is an investment of 0.01 to 5 BTC.
Once a 200% ROI is earned, reinvestment is required in order to keep affiliate membership active.
Verdict on Daily Binary BTC
Alright, so now it’s time for a final verdict…
There are two red flags I see here…
The first is that the company claims they generate external revenue through sports and cryptocurrency trading…
But of course, where’s the proof?
There isn’t any, just their word…
The second red flag is their claim that they can generate 2% a day…
If they were truly capable of that, why on earth would they share that with strangers on the internet?
Why not keep that money-making secret to themselves?
The truth is, they need strangers off the internet to invest in order for the company to make money…
What is likely happening is they are taking new affiliate investment and using it to pay out ROI owed to existing affiliates…
Not exactly legal…
So, my advice here is to think twice before investing your money here…
Thanks for reading my Daily Binary BTC review! Feel free to leave a comment or question down below…
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