Bitget Quantify Review: Stolen identity “click a button” Ponzi
Bitget Quantify fails to provide ownership or executive information on its website.
Bitget Quantify has two known website domains:
- bitgetquantify.com – privately registered on May 11th, 2024
- bitgetquantify.net – privately registered on May 11th, 2024
Of note is both of Bitget Quantify’s domains being registered through the Chinese registrar Alibaba (Singapore).
Despite only existing for a few months, on its website BitGet Quantify falsely claims it was “founded in 2013”.
Also in an attempt to appear legitimate, BitGet provides doctored Capital Markets Group, Accounting and Corporate Regulatory Authority and Bitget Investments certificates on its website.
We know these are doctored certificates because they are backdated to 2018 and 2013 respectively (Bitget Quantify isn’t even a month old).
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.
Bitget Quantify’s Products
Bitget Quantify has no retailable products or services.
Affiliates are only able to market Bitget Quantify affiliate membership itself.
Bitget Quantify’s Compensation Plan
Bitget Quantify affiliates invest tether (USDT). This is done on the promise of advertised returns:
- robot1 – invest 15 to 99 USDT and receive 13.4% to 13.6% a day
- robot2 – invest 100 to 249 USDT and receive 14.6% to 15.2% a day
- robot3 – invest 250 to 649 USDT and receive 15.4% to 16% a day
- robot4 – invest 650 to 1349 USDT and receive 16.2% to 17% a day
- robot5 – invest 1350 to 2749 USDT and receive 17.2% to 18% a day
- robot6 – invest 2750 to 5449 USDT and receive 18.4% to 19.4% a day
- robot7 – invest 5450 to 10,449 USDT and receive 20.6% to 22.6% a day
- robot8 – invest 10,450 to 19,449 USDT and receive 24.2% to 26.2% a day
The MLM side of Bitget Quantify pays on recruitment of affiliate investors.
Referral Commissions
Bitget Quantify pays referral commissions on invested USDT down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 10%
- level 2 – 2%
- level 3 – 1%
Recruitment Bonus
Bitget Quantify rewards affiliates for recruiting new affiliate investors:
- recruit five affiliate investors and receive 10 USDT
- recruit ten affiliate investors and receive 25 USDT
- recruit twenty affiliate investors and receive 55 USDT
- recruit fifty affiliate investors and receive 135 USDT
Downline Investment Bonus
Bitget Quantify rewards affiliates for generating downline investment:
- generate 500 USDT in downline investment within a 24 hour period and receive 20 USDT
- generate 5000 USDT in downline investment within 24 hour period and receive 80 USDT
- generate 10,000 USDT in downline investment within a 24 hour period and receive 200 USDT
Joining Bitget Quantify
Bitget Quantify affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 15 USDT investment.
Bitget Quantify Conclusion
Bitget Quantify is yet another “click a button” app Ponzi scheme.
Bitget Quantify misappropriates the name and branding of Bitget, a cryptocurrency exchange that claims to have “1500+ employees from across 60 countries and regions”:
Needless to say Bitget Quantify has nothing to do with Bitget.
Bitget Quantify’s Ponzi ruse is “quantitative trading”.
Click Quantize on the homepage and unlock the AI robot level, start robot quantification, and complete the robot’s automatic quantification transaction in 1-2 minutes to earn profits.
The presented ruse is Bitget Quantify affiliates log in and click a button (the more invested the more the button needs to be clicked).
Clicking the button purportedly generates revenue via quantitative trading, which for some reason Bitget Quantify shares a percentage of with affiliate investors.
If that makes no sense it’s because it doesn’t. Randoms clicking a button in an app doesn’t trigger quantitative trading.
In reality clicking a button inside Bitget Quantify does nothing. All Bitget Quantify does is recycle newly invested funds to pay earlier investors.
Examples of already collapsed “click a button” app Ponzis using the stolen identity ruse are VIP Oxy, Watts USDT and Iran Mall. Quantitative trading ruse examples include GSTAIQ, Dusery and edX AI.
Including Bitget Quantify, BehindMLM has thus far documented over a hundred “click a button” app Ponzis. Most of them last a few weeks to a few months before collapsing.
“Click a button” app Ponzis disappear by disabling both their websites and app. This tends to happen without notice, leaving the majority of investors with a loss (inevitable Ponzi math).
The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.
Update 18th July 2024 – Bitget Quantify has collapsed. As at the time of this update Bitget Quantify’s website is no longer accessible.
The certificate says “SINFAPORE LTD.”
Not even this can these scammers do right.
They can’t even spell license correctly.
In order to be able to pay out profits, a tax must be paid in beforehand. Not from the profits, of course, but new money from outside. And the tax is higher than the deposit.
Hands off.
We seriously arguing “external revenue” with “click a button” Ponzi scams? Geez, so which country have Chinese scammers sunk their teeth into this time?
Feel free to provide evidence Bitget has any external revenue. Failing which sorry for your loss.
@ Misfit
Not in any defence of the scammers but that is how you spell “licence” in proper English. It’s also how you spell “defence” before you get excited.
its a scam, a very big one, many friends lost money requested by these scammers, they were lied to that they would receive profit from some investments.
Ah, Bitget Quantify has inevitably collapsed. RIP Merlin1410 I guess.