Welcome and thanks for reading my all new Daily Binary BTC Review!
These crypto currency MLM’s are popping up daily it seems.
Usually when the market moves as it has over the past few months people look for opportunities so don’t be surprised.
Problem is most of these crypto companies you are seeing are just scams with no products or services.
So lets take a closer look at Daily Binary BTC and see if they have an actual product or service.
Ready to get started… LET’S GO!
Daily Binary BTC Review
First lets take a look at Daily Binary BTC as a company.
As soon as we finish looking at their history (which won’t take long) we will look at Daily Binary BTC product (if one exists) and their compensation plan.
Just as I suspected like all the other crypto MLM’s popping up there is no information on who owns or operates this company.
If you go over to their website “dailybinarybtc.com” and scroll down to their Terms and Conditions
You will see it’s run within the jurisdiction of Road Town in the British Virgin Islands.
I’d also like to make a note the domain was privately registered back in June of 2019 so this is about a 2 month old domain as of today.
Daily Binary BTC Products
After going through their website you will see there are no retail products or services.
You can join Daily Binary BTC as an affiliate and promote the affiliate membership.
The Daily Binary BTC Compensation Plan
As you can see there are 8 investment packages you can buy into with DBB.
Take note when you reach the 200% ROI threshold you will have to reinvest your bitcoin to keep earning.
You have to invest in the same tier you initially bought in at or a higher level.
DBB Referral Commissions
As a Daily Binary BTC member you will earn referral commissions on a unilevel structure.
Level 1 you will earn 5%, level 2 you will earn 3% and level 3 you will earn 2%.
All residual commissions are paid through the binary compensation structure.
You basically have two legs one on the left one on the right.
Only two people are placed on your first level and your binary will be fill with direct as well as indirect sponsorships as people join your business.
Daily Binary BTC counts up the volume on both legs (left and right) and you are paid on the weaker legs volume.
So if you have a million in volume on your left leg and one hundred on your right leg you get paid a % of the one hundred.
You are not paid on the million in volume.
So you are paid a percentage of the volume accumulated on your WEAKER leg.
It’s also dependent on how much you personally invested with Daily Binary BTC.
Here are the percentages:
In order to qualify to earn you need to personally sponsor at least 2 other investors (one goes on left leg one on the right leg of your binary).
How Much Does It Cost For DBB
You can invest anywhere from 0.01 to 5BTC.
Remember you can only earn up to 200% on your investment and will need to reinvest at the level you came in at or a higher level to keep earning.
Daily Binary BTC Conclusion – Legit or Scam?
As you can see there are definitely some red flags with DBB.
One of them in particular is how new the website is.
It was only registered on June 2, 2019 and you have no idea who owns or operates the company.
Yes this is personal preference some people don’t care about who owns a company.
It comes down to your appetite for risk.
Some people like joining companies that give you all the answers upfront and are completely transparent and others do not care.
Just realize when you join a company that gives NO PROOF on mining, trading, arbitrage or anything really it is very high risk.
I’ve seen many crypto mlm companies pop up over the last couple years making all sort of claims only to steal it’s members bitcoin and disappear into thin air… literally.
Of course if they had traction a small percentage of leaders were able to cash out and make profit while over 95% took a loss which is very unfortunate.
When you dabble with these crypto ROI MLMs it comes with risk and also realize they are not legal.
So I personally cannot suggest joining Daily Binary BTC but at the end of the day you need to make your own decisions this is only my personal opinion.
Hope you enjoyed my Daily Binary BTC Review (DBB) if you have any questions, comments or concerns feel free to leave in the comments below.
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