You are here because you want to know What Is BitpaxOSGlobal and is it legit.
Most of you are aware of the fact that there are many fake businesses these days, and it is hard finding one that is 100% genuine.
A lot of scammers take advantage of the fact that people are gravitating to online businesses as a means to earn more money.
They are always creating new, flashy content to lure in unsuspecting people.
This article will be reviewing BitpaxOSGlobal, what the company is, its products, membership fee, and compensation plan.
What Is BitpaxOSGlobal – Overview
At first glance, the company seems like any other regular one, but you begin to see several loopholes that make you question the company’s existence once you take a closer look.
The truth is BitpaxOSGlobal is an unregulated cryptocurrency investment company.
A major problem with unregulated investment companies is that they are terribly unreliable and are notorious for abusing government regulations.
BitpaxOSGlobal has an official website, with a domain registered on March 23rd, 2020.
However, the website has zero information about the company’s executives.
It is said that Bitlearn LTD owns the company with its address situated somewhere in Brooklyn, New York.
The problem here is that Bitlearn collapsed in 2018.
Bitlearn was a Ponzi scheme that was a scam and collapsed in 2018; it was operated by individuals whose identities are unknown.
However, it is still not clear if the same people who operated Bitlearn have any dealings with BitpaxOSGlobal.
BitpaxOSGlobal does not offer its customers any tangible retail service or product.
The only available “product” is with affiliates marketing BitpaxOSGlobal affiliate memberships to new members.
All registered members must invest in several compensation plans for them to earn.
Although they pay a referral commission, the major earning platform is through investment. The four plans available include:
- Invest $100 or more and after 24 hours get 104% ROI
- Invest $500 or more and after 24 hours get 107% ROI
- Invest $1,500 or more and after 24 hours get 130% ROI
- Invest $5,000 or more and after 60 minutes get 110% ROI
- You also receive a 10% payment for each referral on level 1 and 5% on those on level 2.
What Is The Membership Cost?
You need to invest a minimum of $100 to join the company.
Is BitpaxOSGlobal A Scam?
Although the company has several transparency issues, they seem to hold onto the claim that they are 100% legit.
Genuine businesses need to provide for their non-affiliated members, and BitpaxOSGlobal claims to do so through bitcoin mining.
There is no evidence to back up their bitcoin mining claim, so how can we believe them?
Furthermore, the ROI they generate is too good to be true. A 110% ROI on a $1,500 investment is a lot of money.
If BitpaxOSGlobal’s owner was capable of generating a consistent 110% return on investment (ROI) every hour, there’s no logical reason why they would need your money!
They use their enticing offers to get new affiliates to invest in paying off old members. That is a huge red flag because that would make BitpaxOSGlobal a Ponzi scheme.
This is a Ponzi scheme because new investment is the only source of revenue entering BitpaxOSGlobal.
When any multi-level marketing company uses newly invested funds as the only means to pay existing affiliates that make it a Ponzi scheme.
Eventually, what always happens with MLM Ponzi schemes, is as new affiliate recruitment dries up, so will the new investment dry up.
At some point, BitpaxOSGlobal will lack the consistent revenue it needs to continue functioning and will eventually collapse.
As with all Ponzi schemes, when they collapse, and they eventually do, the people who invested their hard-earned money will lose it.
Stay away from BitpaxOSGlobal. It’s a SCAM and not a legit business opportunity.
There are other legitimate businesses out there for you to explore. The legal ones are self -sustaining, so you have nothing to fear.
BitpaxOSGlobal is similar to other programs I’ve reviewed on this blog such as:
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The reason why so-called programs like BitpaxOSGlobal appeal to people is you just pay other people to invest money for you while you sit back and do nothing.
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