Earn Fast BTC Review – Legit Biz Op or Big Scam? Find Out Here…
Welcome to my Earn Fast BTC Review!
With many new MLM businesses starting up on a daily basis, it can become difficulty to figure out which ones are good to invest in and which ones are not.
How can you go about determining which one is and which is not?
Researching is one of the best ways to learn about any new company you are interested in joining.
This review is going to give you information about the company, the products, and the compensation plan
Let’s get to it!
Earn Fast BTC Review – The Company
This company provides little to no information on their website about who owns or operates the business.
The company’s website domain, “earnfastbtc.com”, was registered privately on the 24th of June, 2017.
Earn Fast BTC Reviews – The Products
Earn Fast BTC does not offer any retail products or services.
Affiliates can only market the company affiliate membership itself.
Together with the company’s membership are ad credits, which may be used to display advertising on the company’s website.
The Earn Fast BTC Compensation Plan
The business’ affiliates must buy in at $15 to earn positions.
Every position yields an ROI and matrix cycler position.
Every $15 Earn Fast BTC position eventually yields a $15 ROI.
The company utilizes a 2×1 matrix in their 5 tier cycler.
A 2×1 matrix is simple, needing only 2 positions to be fileed before a “cycle” commission is created.
Cycle commissions through all 5 tiers of the company’s cycler are as follows:
- Matrix 1 – $1 commission and cycles into the 2nd matrix
- Matrix 2 – $2 commission and cycles into the 3rd matrix
- Matrix 3 – $5 commission, creates a new matrix 1 position and cycles into the 4th matrix
- Matrix 4 – $7 commission, creates a new matrix 1 position and cycles into the 5th matrix
- Matrix 5 – $25 commission and creates a new matrix 1 position
The company pays referral commissions on $15 affiliate position purchases down 3 levels of sponsorship (unilevel):
- Level 1 (personally sponsored affiliates) = 5%
- Level 2 = 3%
- Level 3 = 2%
Cost to Join Earn Fast BTC
The cost to join Earn Fast BTC as an affiliate is the purchase of a minimum of one $15 “earn position”.
Keep in mind that all payments within the company are done through bitcoin.
Verdict on Earn Fast BTC
The only way to make any money with this company is by spending $15 to “buy in”…
There are no real products or services that can be sold to retail customers, which means the only way to continue making income is by recruiting more affiliates who also buy in….
But it is virtually impossible to keep recruitment numbers high enough to consistently increase ROI…
Which means when the income plateaus or decreases, affiliates will start leaving…
So, if you are thinking of joining this company, just be sure to keep this in mind…
I hope you enjoyed my Earn Fast BTC review and if you have any questions, please leave them in the comments below…
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