Welcome to my BitKrypton review.
I came across this company the other day claiming anyone who invests money into their platform will make a good return on their investment.
So if you’re like me, then you probably are wondering if this company is a scam or the legit place for you to make some easy cash.
Well within my article I’ll tell why I think you should not join this opportunity by discussing how it works, how their compensation plan is laid out, and more.
This way by the time you’re done reading you’ll get a better picture of what BitKyrton is and decide if you really want to try it out or not.
So with that said, let’s get right into it!
Quick Summary Of BitKrypton
Rating: 0 out of 5
What Is BitKrypton?
BitKrypton is an MLM ( multi-level-marketing ) company that’s within the cryptocurrency and forex market.
On their website I could find zero information to who is running this company — and they claim to have been in business for over 8 years ( but their website was recently created last year. )
Now according to them, they have the expertise and resources to help everyone make a lot of money by allowing them to invest cryptocurrencies, forex, commodities & indices into their platform.
However they give no real proof of anyone making a “good income” thanks to them — and simply say you can sit back stress free while their masters make you rich.
But this is nothing but a hyped up sales tactic to get you excited to invest your money and nothing else.
And if you missed it, you can watch their short 1 minute video salesy video to see what I’m talking about.
What Does BitKrypton Sell?
BitKrypton does not offer any product or service for sale on their website. Rather they claim you put money into their system which will earn 0.5% RO.I over a 730 day period.
They even offer a calculator where you can see how much you’ll earn based on how much money you invested.
So according to them if you invested just $100, you would earn $0.50 a day or $365 after 730 days.
Again though there’s no way this company on this planet that can guarantee invested money will go up or down — let alone that it will earn this exact amount each and every day.
BitKrypton Compensation Plan
MLM compensation plans are a pain to read.
This is because they are long, have hundreds of graphs and numbers, and use words that you’ve probably never even heard of before.
So to help you understand how this company’s plan works, I’ll cover the basics of it for you here.
As I mentioned a second ago, according to BitKrypton the money you invest in their platform will earn $0.5% profit every day.
So based on these stats, you would earn …
- $0.25 daily profit if you invested $50
- $2.5 daily profit if you invested $500
- $5 daily profit if you invested $1,000
Again though these numbers might as well be made up because I can guarantee you that you won’t see your money after you put it into their system.
Also within their plan, there are 16 ranks you can earn based on how much your team has invested.
Here are just a few of the following ranks with what is required of you to earn them
- Partner = Both sides of your team have to invest at least $50 into this program
- Elite = Both sides of your team have to invest at least $2,500 into this program
- Premier = Both sides of your team have to invest at least $5,000 into this program
- Bronze = Both sides of your team have to invest at least $10,000 into this program
And so on and so forth all the way up to 16th rank which is Presidential Diamond.
BitKrypton uses a binary structure within their plan.
This means as you are recruiting people your team will be split into two different sides. One on your left and one on your right as seen here:
Now with this company specifically, whichever side of your team has invested the least ( also called your weaker leg ) will be the deciding factor of how much you get paid.
So what will happen is they will take the total amount of investments from your weaker leg and give you a 5% commission for it.
So if one side invested 600 and the other invested 900 — you would multiply 600 by 5% and get $30 dollars.
There are also a couple of different bonuses you can earn through this company as well.
For example their Rank Bonus will give you a one time reward for reaching a new rank. And the higher you go the better the bonus ends up being.
All in all, you mostly will get cash, but they also say they will give you an Ipad, free world trips, gold, and basically anything you can think of.
And of course they don’t really care too much about this, because 1% or less than that will never make it past rank 2 let alone get to the higher ranks where all the good rewards are given.
How Much Does It Cost?
To join BitKrypton and start earning money with them you have to invest at least $50 into their platform. And the minimum amount you can withdraw from this company is $10.
What I Like About It
- There’s nothing I like about this company
What I Don’t Like About It
- They have no information as to who the CEO of this company is
No matter what company I am reviewing be it BitKrypton here or something else, the first thing I always like to look for is who owns it.
Because personally, I don’t want to join a company that is operated by some shady person or worst known to scam people — and I’m sure you feel the same way.
So when companies don’t provide basic information as to who is running the business I simply leave and look for another opportunity — and I’d advise you to do the same thing.
- They offer no product or service
Going along the same lines, when a company is offering no physical product or some type of service — this is a major red flag.
Because if you sit back and think about it logically, where are they getting all their money from to pay people that sign up to their platform.
And if they say it’s because they make a lot by simply investing their money — then why would they offer other people to join it when they can become filthy rich all by themselves?
Well I’ll tell you.
It’s because they aren’t, and the only money they are making is from gullible people willing to give it to them.
- You’ll have to bother your friends and family
Since BitKrypton suggests you build a team to earn more money and get the chance to get all those nice bonuses I was talking about earlier — this means you’ll end up asking your friends, family, and other people you know.
Of course this method simply doesn’t work, but worst you run a very high chance of ruining your relationship with them.
Because if you put yourself in their shoes, I doubt you’d want your friend, brother, or whoever asking you to join some unknown company and spend so many dollars a month right?
- The chances of you earning a lot of money is slim
Then last but not least, you will not earn a good R.O.I with this company.
Because again all investments online or off are by definition risky — and anyone that claims that can guarantee you a certain percentage of money based on how much money you spend is straight out lying.
Is BitKrypton A Scam?
BitKrypton is definitely a scam.
They give you no information as to who is running their company, they don’t disclose how they can guarantee all your investments will earn you money, and there’s zero proof any real person actually benefiting from this platform.
So for these reasons alone, I would suggest you don’t join this opportunity because you will lose every single penny you invest in it.
Is BitKrypton A Ponzi Scheme?
BitKryton is without a doubt a Ponzi Scheme, Pyramid Scheme, and outright scam all rolled up into one huge mess.
Much like another company I reviewed called Tron3X, they claim you can earn a lot of money simply by investing money into their platform and by recruiting people.
However what happens is that the only people who will “make money” are the ones that join this opportunity very early — leaving anyone that joins after them to make nothing.
This is because all the later people who join are actually paying the other people that joined earlier — which is how the whole scheme works.
So when investments and recruiting start to slow down or stop altogether — the company basically collapses, goes bankrupt and anyone involved in it loses all their money.
And to explain better how Ponzi Schemes and Pyramid Schemes work, you can watch this short 1 minute video.
My Final Thoughts
BitKrypton is nothing but a Ponzi Scheme / Pyramid Scheme out to steal your hard earned money.
And the only person who will be benefiting from this opportunity is the person who created it — as he will pocket every single dollar people put into this.
So again I would not waste one second or one penny on this company but instead look for legitimate ways to make money online such as by doing affiliate marketing.
With this method you simply create a website and sell other people’s products. Then when someone comes along to your site and buys something, you earn a commission.
And out of all the programs I’ve come across online — Wealthy Affiliate is my top rated one for helping complete beginners learn exactly how to do this.
It gives you step by step training, 24/7 support, all the tools you’ll need to be successful, and best of all it’s 100% free to join.
So if you’d like to learn more about this program, click the link below and I will give a more thorough explanation of how it works and how you can join.
By now I hope you understand why I don’t recommend you join BitKrypton.
However if you have any questions or concerns you’d like to ask me, leave a comment below and I’ll be happy to help you out.