Daily Binary BTC Review: 200% ROI sports & crypto trading Ponzi
Daily Binary BTC provides no information on its website about who owns or runs the company.
Daily Binary BTC’s website domain (“dailybinarybtc.com”) was privately registered on June 2nd, 2019.
According to Daily Binary BTC’s Terms and Conditions, its website is
controlled by the Company from its offices within the jurisdiction of Road Town, British Virgin Islands.
BVI is a scam-friendly jurisdiction with little to no regulation.
Read on for a full review of the Daily Binary BTC MLM opportunity.
Daily Binary BTC’s Products
Daily Binary BTC has no retailable products or services, with affiliates only able to market Daily Binary BTC affiliate membership itself.
Daily Binary BTC’s Compensation Plan
Daily Binary BTC affiliates invest bitcoin on the promise of a daily 0.25% to 2% return.
We have now created a way to double your BitCoin even faster by using our state of the art technology.
Daily Binary BTC offers affiliates eight investment package tiers:
- DB1 – 0.01 BTC
- DB2 – 0.025 BTC
- DB3 – 0.1 BTC
- DB4 – 0.5 BTC
- DB5 – 1 BTC
- DB6 – 2 BTC
- DB7 – 3 BTC
- DB8 – 5 BTC
Note that upon receiving a 200% ROI, Daily Binary BTC affiliates must reinvest at the same or a higher tier in order to continue earning.
Daily Binary BTC pays referral commissions on invested funds down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 5%
- level 2 – 3%
- level 3 – 2%
Daily Binary BTC pays residual commissions via a binary compensation structure.
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.
At the end of each day Daily Binary BTC tallies up new investment volume on both sides of the binary team.
Affiliates are paid a percentage of funds generated on their weaker binary team side.
Residual commission rates are determined by how much a Daily Binary BTC affiliate themselves has invested:
- DB1 – 3% capped at 0.02 BTC a day
- DB2 – 4% capped at 0.05 BTC a day
- DB3 – 5% capped at 0.2 BTC a day
- DB4 – 8% capped at 1 BTC a day
- DB5 – 9% capped at 2 BTC a day
- DB6 – 10% capped at 4 BTC a day
- DB7 – 11% capped at 6 BTC a day
- DB8 – 12% capped at 10 BTC a day
To qualify for residual commissions a Daily Binary BTC affiliate must recruit at least two investors (one placed on both sides of the binary team).
Joining Daily Binary BTC
Daily Binary BTC affiliate membership is tied to a 0.01 to 5 BTC investment.
Reinvestment once a 200% return is generated is required in order to keep affiliate membership active.
Daily Binary BTC claim to generate external ROI revenue via sports and cryptocurrency trading.
We are the first to the industry that combines the power of Sports Trading and Cryptocurrency Trading with Network Marketing.
Daily Binary BTC provides no evidence of either sports trading (presumably arbitrage) or cryptocurrency trading taking place.
Furthermore the company’s business model fails the Ponzi logic test.
Daily Binary BTC claims to have
developed a Sports Trading strategy over the past 2 years that we now get to share with the public.
Putting aside the fact that the company’s website didn’t exist until a few weeks ago, if Daily Binary BTC’s “strategy” is capable of generating up to 2% a day, why don’t they just run it themselves.
And after two years shouldn’t Daily Binary BTC’s owners be bajillionaires by now?
As it stands the only verifiable source of revenue entering Daily Binary BTC is new investment.
Using new investment to pay existing affiliates a 200% ROI makes Daily Binary BTC a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Daily Binary BTC of return revenue, eventually prompting a collapse.
You agree that by participating in any program offered by DailyBinaryBTC and it is implied that the nature of blockchain and cryptocurrency technology does not offer a readily available method of refund, and by voluntarily choosing to participate you are waiving any and every right to a refund.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.