BTC Trader Online Review: Dragon Mining Tech B2G Ponzi scheme
BTC Trader Online is one of Dragon Mining Tech’s “dragon programs”.
Dragon Mining Tech is tied to the collapsed Bitcoiin pump and dump altcoin.
After allegedly raising $75 million dollars for their B2G ICO, Bitcoiin’s anonymous owners abandoned the project and did a runner.
Dragon Mining Tech is what’s left and, through spin-off companies like Start Options, Bitcoin Trading World, Crypto Mining Space, Palilula Mining and BTC Trader Online, are trying to milk investors out of even more money.
Dragon Mining Tech is believed to have strong ties to China however, like Bitcoiin, who owns and/or runs the company is not disclosed.
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.
BTC Trader Online Products
BTC Trader Online has no retailable products or services, with affiliates only able to market BTC Trader Online affiliate membership itself.
The BTC Trader Online Compensation Plan
BTC Trader Online affiliates invest in B2G on the promise of “guaranteed returns” each month.
- Alpha Program – invest $500 to $20,000 and receive a 15% to 40% monthly ROI
- Beta Program – invest $20,001 to $50,000 and receive a 20% to 45% monthly ROI
- Sigma Program – invest $50,001 to $99,999 and receive a 25% to 50% monthly ROI
- Omega Program – invest $100,000 or more and receive a 30% to 60% monthly ROI
Note that all BTC Trader Online ROI payments are made in B2G.
Referral commissions are paid on funds invested by downline affiliates. BTC Trader Online however fail to provide specific percentage amounts on their website.
Joining BTC Trader Online
BTC Trader Online affiliate membership is tied to a minimum $500 investment in B2G.
Outside of Dragon Mining Tech and their various income opportunities, B2G is worthless.
Dragon Mining Tech have set up an internal exchange, Thorex, through which new investors pay existing Bitcoiin B2G investors real money for B2G points.
The going B2G rate is set and controlled by Dragon Mining Tech itself.
BTC Trader Online is one arm through which Dragon Mining Tech offloads pre-generated B2G through.
BTC Trader Online claim to be
one of Asia’s leading financial institutions specializing in crypto-currency trading and financial options.
Since our inception in 2012, we have been able to convince thousands of customers of our expertise in trading on the financial markets.
The BTC Trader Online website domain was only registered in mid 2017. The current website on the domain only went online recently.
Prior to that BTC Trader Online didn’t exist. And the company certainly isn’t a leading financial institution in Asia.
BTC Trader Online claim to generate ROI revenue through cryptocurrency trading and financial options.
No evidence of either activity taking place is provided.
Ultimately the ROI BTC Trader Online pay out is imaginary until new investors are duped through Thorex.
Given how Thorex works, BTC Trader Online is part of a larger B2G Ponzi scheme.
As with all Ponzi schemes, once new investor recruitment slows down so too will newly invested funds.
This will see Dragon Mining Tech’s various schemes collapse.
Investor losses however won’t be realized until affiliates realize there’s nobody left to buy their worthless B2G points.
By then it’ll be too late, much like the original Bitcoiin B2G ICO.
Update 6th February 2021 – BTC Trader Online was part of Kristijan Krstic’s $70 million dollar+ Ponzi empire.
Krstic was arrested in Serbia on behalf of US authorities in mid 2020.