BitArbi Review: Crypto trading ruse Ponzi scheme
BitArbi fails to provide ownership or executive information on its website.
BitArbi’s website domain (“bitarbi.com”), was registered with bogus information on July 31st, 2023.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
BitArbi has no retailable products or services.
Affiliates are only able to market BitArbi affiliate membership itself.
BitArbi’s Compensation Plan
BitArbi affiliates invest cryptocurrency on the promise of advertised returns:
- Plan 1 – invest $50 to $50,000 and receive 1.25% an hour for 5 days
- Plan 2 – invest $1000 to $50,000 and receive 1.75% an hour for 4 days
- Plan 3 – invest $5000 to $50,000 and receive 2.5% an hour for 3 days
- Plan 4 – invest $50 to $50,000 and receive 200% after 5 days
- Plan 5 – invest $100 to $50,000 and receive 300% after 7 days
- Plan 6 – invest $200 to $50,000 and receive 800% after 12 days
BitArbi pays referral commissions on invested cryptocurrency down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 5%
- level 2 – 2%
- level 3 – 1%
BitArbi affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $50 investment.
BitArbi solicits investment in cryptocurrency.
BitArbi represents it generates external revenue via cryptocurrency trading.
BitArbi is a global cryptocurrency trading platform built to help people invest in cryptocurrencies with ease and earn stable interest rates.
No evidence of BitArbi paying withdrawals with crypto trading revenue is provided.
Furthermore, BitArbi’s business model fails the Ponzi logic test. If BitArbi is already able to legitimately generate 800% every 12 days, what do they need your money for?
As it stands, the only verifiable source of revenue entering BitArbi is new investment.
Using new investment to pay affiliate withdrawals would make BitArbi a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve BitArbi of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.