BitNest fails to provide ownership or executive information on its websites.

BitNest operates from eight known website domains:

  1. bitnest.me – registered in April 2024, private registration last updated on June 5th, 2025
  2. bitnest.finance – privately registered on October 23rd, 2024
  3. bitnest.ac – privately registered on July 15th, 2025
  4. bitnest.la – privately registered on July 15th, 2025
  5. bitnest.is – privately registered on July 15th, 2025
  6. bitnest.cx – privately registered on July 15th, 2025
  7. bitnest.ad – registered through a private Singapore address on July 15th, 2025
  8. bitnest.so – privately registered on July 15th, 2025

BitNest having so many domains is an red flag. It is indicative of a scam anticipating domain closures.

As of August 2025, SimilarWeb was tracking ~115,000 monthly website visits to BitNests’ primary “.me” domain”.

The majority of BitNest website traffic originates from Italy (18%), Germany (16%), the US (12%), the Netherlands (9%) and Ukraine (8%).

If we look at BitNest’s website source-code, we find Chinese:

This suggests whoever is running BitNest has ties to China. Chinese scammers often operate from outside of China in countries like Singapore.

Research published on the website BitNest Trust suggests BitNest is a reboot of Yunus Loop:

BitNest Truth claims the above post to the official BitNest Telegram channel was edited in June 2025 to remove reference to Yunus Loop.

Yunus Loop was an MLM crypto Ponzi launched in last 2022. BitNest Truth reports Yunus Loop collapsed in early 2024, right before BitNest launched.

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.

BitNest’s Products

BitNest has no retailable products or services.

Promoters are only able to market BitNest promoter membership itself.

BitNest’s Compensation Plan

BitNest promoters invest tether (USDT). This is done on the promise of passive returns.

BitNest ROI rates are determined by how long a promoter invests for:

  • invest for 1 day and receive a 0.4% ROI
  • invest for 7 days and receive a 4% ROI
  • invest for 14 days and receive a 9.5% ROI
  • invest for 28 days and receive a 24% ROI

Note that BitNest charges a fee on each invest in its native MEC token. MEC is a BSC-20 token. These can be created in a few minutes with little to no effort.

BitNest pays a ROI match via a unilevel compensation structure.

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

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

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

BitNest caps payable unilevel team levels at seventeen.

The ROI match is paid out as a percentage of returns paid out across these levels as follows:

  • invest 100 USDT or more and receive a 20% match on level 1 (personally recruited promoters)
  • invest 200 USDT or more and receive a 20% match on level 1 and 10% on level 2
  • invest 300 to 700 USDT and receive a 20% match on level 1, 10% on level 2 and 5% on levels 3 to 7
  • invest 800 to 1000 USDT and receive a 20% match on level 1, 10% on level 2, 5% on levels 3 to 7 and 3% on levels 8 to 10
  • invest 1100 to 1700 USDT and receive a 20% match on level 1, 10% on level 2, 5% on levels 3 to 7, 3% on levels 8 to 10 and 1% on levels 11 to 17

Joining BitNest

BitNest promoter membership is free.

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

BitNest Conclusion

BitNest is a simple MLM crypto Ponzi scheme. Instead of just being honest about that, BitNest has come up with baloney about a “BitNest Loop”:

“Circulation yield protocol” is just a fancy name for “Ponzi scheme”. “Ethereum Virtual Machine” is crypto bro jargon for “we use new investment to pay returns”.

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

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

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