Free BTC Club Review – Legit Crypto Opportunity or Scam?
Welcome to my Free BTC Club Review!
There has been some buzz about this company so I decided to take a look for myself.
Maybe you were approached about their investment opportunity and you landed here to make sure it’s legit.
The good news is I am going to walk you through the company, products and compensation plan so you can make the right decision.
Just pay close attention and read this to the end…
Free BTC Club Review – The Company
Free BTC Club website doesn’t give you any information on who runs or own the company.
They just state:
a legal BTC earning and wealth management company incorporated and headquartered in Asia.
Again nothing specific and vague.
In their FAQ:
Free BtcClub is a subsidiary derived from a collaboration of global companies owned by crypto expert CEO’s.
Great more value information.
After digging in deeper, I found out that Michael Merino is the program developer of Free BTC CLub.
He also talks about hes been in network marketing for 22 years through Herbalife.
In the past, he also promoted BetterBid but there was no information about this company anywhere.
Michael Merino himself is from California, USA, but the servers used for Free BTC Club are in Singapore.
That’s all I got on the company.
Free BTC Club Reviews – The Products
Free BTC Club has no retail products or services, but you can promote the actual affiliate membership.
Free BTC Club Compensation Plan
Free BTC Club members invest bitcoin on a promise of a daily ROI of 1.8% for 112 days.
Below are the Free BTC Club investment tiers:
- 0.025 BTC
- 0.1 BTC
- 0.25 BTC
- 0.5 BTC
- 1 BTC and
- 3 BTC
The amount you invest will determine your residual commissions earned.
All residuals are paid through a binary compensation plan structure. This just means you have a left and right leg below your position.
These positions can be fill directly or indirectly by team members.
At the end of each day Free BTC Club adds up all the investment volume on each leg.
You get paid a percentage on the weaker leg.
Any left over volume is carried over tot he next day.
Now the amount you can earn in residual commissons will depend on how much you invested:
- Invest 0.025 BTC and receive a 5% residual commission rate capped at 0.05 BTC a day and 1.5 BTC a month
- Invest 0.1 BTC and receive a 6% residual commission rate capped at 0.2 BTC a day and 6 BTC a month
- Invest 0.25 BTC and receive an 8% residual commission rate capped at 0.5 BTC a day and 15 BTC a month
- Invest 0.5 BTC and receive a 10% residual commission rate capped at 1 BTC a day and 30 BTC a month
- Invest 1 BTC and receive a 12% residual commission rate, capped at 2 BTC a day and 60 BTC a month
- Invest 3 BTC and receive a 15% residual commission rate, capped at 6 BTC a day and 90 BTC a month
Cost To Join Free BTC Club
Cost to join Free BTC Club will depend on the investment you go with which ranges from 0.025 to 3 BTC.
The only difference between the packages is the income potential.
Now the moment you have been waiting for inside of this Free BTC Club review…
So does the Free BTC Club scam exist?
Let’s look at some the facts…
Free BTC Club isn’t available to US residents.
Bitcoin itself is totally legal, but the business model Free BTC Club went with isn’t:
Your Bitcoin doubles without any necessary daily task.
Now the company gives a work around for US members by telling to to get a VPN to mask their location.
Another thing is Michael Merino is from the USA as well…
Free BTC Club claims their external ROI revenue is produced through forex trading.
However, couldn’t find any proof of this…
Plus if anyone can generate 1.8% daily ROI, why would you need investments from affiliates anyway?
Plus only income I could see coming into the company is new investments by affiliates making this nothing more than a ponzi scheme…
Personally, I do not recommend joining this company it’s most likely a scam.
Anyway, I hope you enjoyed my Free BTC Club review and if you have any questions, feel free to ask in the comments below…
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