BitPlam Review – A True 5% Daily ROI Or Huge Scam?
Hello my friends and welcome to my BitPlam Review. You might be here today because someone referred you to this company. You probably want to find out if they are legit or not. Maybe you just did some search online and found about them. This is why I decided to write this review. I will be giving you all the facts you need to know. This way you can make your most informed decision. So make sure to stick around ’till the end because you will learn a lot about this company here. By the way… I’m not an affiliate for this company, but rather an outside observer presenting you an unbiased review.
BitPlam Review – Who Are They?
So when you look at this company they talk about having super talented traders who have been extremely successful in the crypto space. They’ve apparently been pulling in 4 to 5 percent daily returns. I went ahead and look for info on who runs the company. But there is no info about this on their website. So that is a red flag. But when looking at their domain “BitPlam.com” I was able to see that they privately registered in on August 30Th, 2021.
BitPlam Reviews – What Products Do They Offer?
So BitPlam tells their clients that they will generate guaranteed returns form them. They tell them them that they do this by trading services. It does sound good so far, but I needed to find more evidence on how exactly they are doing this. So I will get to this in a few moments. Of course, if you want to become an affiliate for them you will be able to do so. When looking at their members numbers I could see that they have over 380 members as of now. They also have over 75K active deposits and over 3K in total of withdrawals. This numbers will be changing soon of course as the memberships will most likely keep growing.
BitPlam Review – Their Comp Plan
How it works with this company is that their affiliates will invest into in and the company promises a guaranteed return. They also make them recruit other people as well to generate earnings. These new recruits will pretty much do the same over and over.
BitPlam Investment Plans
BitPlam will offer two different options for you to choose from. They have the PLUS and the LITE.
- The LITE – You would invest $25 to $4,999, then receive 4% daily ROI for 30 days with a total 120% of Net Profit
- The PLUS- Yout would invest $5,000 to $200,000, then receive 5% daily ROI for 40 days with a total 200% Net Profit
They will also give you a lot of different options to use different cryptos when you make your investments. Keep in mind that whenever you decide to make withdrawals before your maturity dates, there will be some additional fees. Also, you cannot take any money out within the first 24 hours. Here is how their timeframes work with their fees to withdrawal:
- After 24 hours and before 14 days – There is a 25% fee
- Right After 14 days, before the end of the plan – There is a 15% fee
- After the end of the investment plan – There is a 0% fee
BitPlam Review – Their Affiliate Program
So, when it comes to their affiliate program they will pay you commission by using a unilevel comp plan. This structure works on a percentage based on the downlines which they cap at 3 levels:
- First Level – 5%
- Second Level – 2%
- Third Level – 1%
BitPlam Review – How Much To Join?
It won’t actually cost you anything to join as an affiliate. But in order for you to receive passive returns, you need to invest at least 25 bucks in any of the crypto coins that they accept. So here comes the news for you. Should you invest in this company?
So, is this company a legit opportunity or yet anther Ponzi scam? Well, let’s look at the facts. They tell us that they have super talented traders. On their website they tell us that they are able to analyze trends and several transactions in a quick way. This way they can guarantee these returns for you. But unfortunately there is no proof of this anywhere on their website or anywhere online. In fact, we don’t even know who runs this company or owns it.
And just thing about this for a second. If they could pull these 4 to 5 percent returns legally, why would they need any investors? All they would really need is just a hand full of investors and they will literally become millionaires in just a couple of years. The only thing I can see here is that new members are the ones paying existing members. Usually what I’ve seen in these cases is that when the recruitments start slowing down they exit scam. Since this company doesn’t really show us proof for us to trust them with our money, I call it a Ponzi scam. Do not invest here.
Learn How To Trade Crypto
Don’t get me wrong… There is nothing wrong with investing in Crypto, in fact I hold a good amount of crypto tokens. The problem is really with these types of scams. There is a huge difference from buying a legit coin than investing in these fake companies. If you want to learn how to trade crypto, I recommend trying the Crypto Ultimatum training course for a super affordable price. Try it out. If you don’t like if for some reason you can get your money back. But I doubt you will. It will show you how to do it the right way. By the way, HERE is the latest Ponzi I reviewed in case you run into it!
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