BitBest fails to provide ownership or executive information on its website.

BitBest’s website domain (“”), was privately registered on June 26th, 2023.

On its website BitBest provides various certificates for Dubai shell companies.

This ties into BitBest representing it is based out of Dubai on social media.

With a bit of messing around, breaking BitBest’s website reveals it is run by someone who speaks Chinese.

Be it from Dubai or somewhere in Asia (typically Hong Kong or Singapore), whoever is running BitBest has ties to China.

As for Dubai; Due to the proliferation of scams and failure to enforce securities fraud regulation, BehindMLM ranks Dubai as the MLM crime capital of the world.

BehindMLM’s guidelines for Dubai are:

  1. If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
  2. If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.

If you want to know specifically how this applies to BitBest, read on for a full review.

BitBest’s Products

BitBest has no retailable products or services.

Affiliates are only able to market BitBest affiliate membership itself.

BitBest’s Compensation Plan

BitBest affiliates invest tether (USDT).

This is done on the promise of advertised returns:

  • choose a 15 day plan and invest 100 to 500 USDT to receive 0.7% a day
  • choose a 30 day plan and invest 100 to 5000 USDT to receive 0.9% a day
  • choose a 90 day plan and invest 100 to 25,000 USDT to receive 1% a day
  • choose a 180 day plan and invest 100 to 50,000 USDT to receive 1.1% a day
  • choose a 360 day plan and invest 100  USDT or more to receive 1.2% a day

BitBest returns are capped at 200%, after which new investment is required to continue earning.

Also note that BitBest pays out a percentage of the daily return in BUSD, an internal shitcoin not to be confused with Binance USD.

  • regular and GM ranked affiliates receive 35% of the ROI in BUSD and 65% in USDT
  • VP ranked affiliates receive 30% of the ROI in BUSD and 70 in USDT
  • SVP ranked affiliates receive 25% of the ROI in BUSD and 75% in USDT
  • ED ranked affiliates receive 20% of the ROI in BUSD and 80% in USDT
  • MD ranked affiliates receive 15% of the ROI in BUSD and 85% in USDT

Based on BitBest’s marketing, it appears BUSD can’t directly be cashed out:

BUSD is used to purchase platform tokens on BitBest.

I believe this means BUSD has to be reinvested.

The MLM side of BitBest pays on recruitment of affiliate investors.

BitBest Affiliate Ranks

There are five affiliate ranks within BitBest’s compensation plan.

Along with their respective criteria, they are as follows:

  1. GM – personally invest at least 100 USDT and generate 50,000 USDT in downline investment
  2. VP – personally invest 600 USDT in the 30 day plan and have two GM or higher ranked affiliates in your downline
  3. SVP – personally invest 5100 USDT in the 90 day plan and have two VP or higher ranked affiliates in your downline
  4. ED – personally invest 25,100 USDT in the 180 day plan and have two SVPs or higher ranked affiliates in your downline
  5. MD – personally invest 50,100 USDT in the 360 day plan and have two EDs or higher ranked affiliates in your downline

Note that required rank downline affiliates in your strongest recruitment leg (by investment volume), do not count towards rank qualification.

Referral Commissions

BitBest pays a 10% referral commissions on daily returns paid down two levels of recruitment.

Residual Commissions

BitBest pays residual commissions via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

Residual commissions are paid out as a percentage of daily returns paid to affiliates recruited into the unilevel team.

Specific residual commission rates are tied to rank:

  • GM ranked affiliates earn a 10% residual commission rate
  • VP ranked affiliates earn a 20% residual commission rate
  • SVP ranked affiliates earn a 30% residual commission rate
  • ED ranked affiliates earn a 40% residual commission rate
  • MD ranked affiliates earn a 50% residual commission rate

Note that reduced residual commissions are paid on unilevel team affiliates at GM or higher.

E.g. if someone in your unilevel team is SVP rank and you are ED rank, you only receive a 10% residual commission rate on their daily ROI (your 40% minus the 30% rate at their rank).

Bonus Pools

BitBest takes 10% of company-wide invested funds and pays them out via five rank-based bonus pools.

  • GM ranked affiliates receive a share in a 3% bonus pool
  • VP ranked affiliates receive a share in a 2% bonus pool
  • SVP ranked affiliates receive a share in a 2% bonus pool
  • ED ranked affiliates receive a share in a 2% bonus pool
  • MD ranked affiliates receive a share in a 1% bonus pool

Joining BitBest

BitBest affiliate membership is free.

Full participation in the attached income opportunity requires a minimum 100 USDT investment.

BitBest Conclusion

BitBest is a simple Ponzi scheme using the “staking” business model.

In a nutshell, BitBest affiliates invest USDT. Despite the returns pitched, only a percentage of the advertised amounts is paid out.

The rest is dumped in BUSD, which is worthless outside of BitBest.

By pegging the ratio of BUSD paid out to rank, it being nothing more than a tool to restrict withdrawals become obvious.

SimilarWeb tracked roughly ~41,000 visits to BitBest’s website in November 2023. Despite this relatively low amount, BitBest claims it has two million registered users on its website.

As it stands the only verifiable source of revenue entering BitBest is new investment.

Using new investment to pay affiliate withdrawals would make BitBest a Ponzi scheme.

As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.

This will starve BitBest of ROI revenue, eventually prompting a collapse.

The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.