BIT-ATM Network (bit-atm.net) Scam or Paying?
BIT-ATM Network (bit-atm.net) Scam or Paying?
Welcome to my Bit-ATM Review!
There has been some buzz about this latest company and I decided to take a closer look.
Chances are someone approached you about the business opportunity and you landed here to make sure it’s legit.
The good news is I am going to walk you through the company, products and compensation plan so you can make the right decision.
PAY close attention and read this to the end because not doing that could possibly land you in a scam…
BIT-ATM Network – The Company
1. Worldwide ATM network
BIT-ATM is a network of ATM terminals around the world.
This gives a possibility to buy or sell cryptocurrency to anybody either with cash or by credit card.
We started with our business on Bitcoin boom back in 2017.
Having long searches in the Bitcoin ATM market and talks to various manufacturers, like Lamassu, Genesis Coin, General Bytes, BitAccess, BitXatm, etc. we selected the most suitable solutions for us.
At present time BIT-ATM has a strong business oriented enthusiastic team of business developers.
BIT-ATM network is launching a special technical solution for private investors, which was developed by our team in the beginning of 2020.
Now everyone have a chance to participate and profit with us.
We, in turn, diversify our financial pool into 2 main areas: expanding the general ATM network by adding mining capacities and by performing HFT operations based on the operation of the entire network.
For our network members this option guarantees a stable profit of 3% per day.
2. What if ATM will be mining also
Our engineers found a technical solution, which allowed using our ATMs for mining cryptocurrency.
It is not a cheap deal, but this allows us to ensure additional income for our investors.
Our branded developments include predictive analytics, AI and machine learning, enterprise search, global data aggregation, knowledge management, and enterprise resource planning systems.
3. Investment to BIT-ATM
Our economists and experts developed a unique investing program in 2020 since the industry has grown and matured to allow anyone to become an Independent ATM Investor.
Now anyone can benefit from being part of a company which operates ATMs and mine cryptocurrency at the same time.
Becoming our client and joining to our investor program give you instant 3% daily interest to you deposit.
Our business model also include leasing and franchising programs as additional source of income for our investors.
4. WHY YOU CHOOSE BIT-ATM
- BIT-ATM means passive income based on cryptocurrency and new technologies.
- BIT-ATM is a cloud company with validated business processes, analysis and planning experts.
- BIT-ATM works for people who share values of new crypto era and want to have reliable and constant income.
BIT-ATM Network – Investment offer
BIT-ATM Network is a worldwide network of cryptocurrency ATM terminals.
Due to the possibility to launch an investment sector in 2020, we now offer private investors to offer to become a shareholder of the company.
By diversifying the financial pool of the network into 2 main directions (expansion of the common ATM network by adding mining and HFT operations based on the network performance), we guarantee our members a stable profit of 3% per day forever.
We also offer additional rewards to our partners up to 10%.
HOW BIT-ATM NETWORK IS WORKING
Our clients’ deposits to BIT-ATM are directly and immediately flow into our new ATM’s network. Based on BTC exchange rates variations and also our BTC mining facilities around the world our operating profit is enough to ensure our clients their 3% daily income on constant basis.
Affiliate program
3-tieR referral rewards from your affiliate partner’s deposits
Our special BIT-ATM affiliate program ensures from every involved affiliate partner deposit the following 3 tier partnership profit: 10% from first level affiliate partner; 3% from second and 1% from third level affiliate partner-investor.
BIT-ATM Network – Final Verdict
Landing on Bit-ATM website there is no information on who runs or owns the business.
I had a look at Bit-ATM domain (“bit-atm.net”) registration on who.is and found out it was privately registered on July 29th, 2020.
They claim they have been operating since 2017, however as you can see the domain wasn’t even registered before July 2020.
Big Red Flag here, they are not transparent and lying.
Let’s look at the products next…
They don’t have any retail product or services with all you can do is to promote the affiliate membership once you become an affiliate.
Then you can invest into the company on a promise of some good ROI…
Main focus here is investments and compensation plan…
Bit-ATM affiliates invest USD to Bitcoin on a promise of a 3% daily return…
Referral commissions are paid as a percentage of those invested funds down three levels in a unilevel compensation plan structure.
- Level 1 (personally sponsored affiliates) – 10%
- Level 2 – 3%
- Level 3 – 1%
Bit-ATM affiliate membership is free.
If you want to be part of the income opportunity it requires at least $10 or 0.0009378 BTC investment.
Unlike all the other Bit-ATM reviews out there I am going to keep it real…
So do I think Bit-ATM scam or not?
Let’s look at the facts, shall we?
We don’t know who runs or owns it and they claims they have been existed before even they have a live website on internet!
They have no retail products or services. You can only become an affiliate and recruit other affiliates.
Plus their investment income opportunity doesn’t show HOW they are actually making those ROI.
The only income I see coming into the company is new investments paying off existing members.
This means it’s nothing more than another cryptocurrency ponzi scheme which has plagued this industry so badly.
You can BUY cryptocurrency and just hold onto it and sell high and buy low which is perfectly fine.
But these opportunities have been the biggest deception of pretending to be legal in this space ever, and almost every single one of them collapses one way around at some point.
Anyway, I just can’t recommend this, Stay AWAY…
I hope you enjoyed my Bit-ATM review and if you have any questions feel free to ask in the comments below…
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