Amzbit Review – Legit Or Scam?

Amzbit ReviewRecently, Amzbit has been getting a lot of hype on the internet.

I have had people pitching this one to me on a near daily basis, in fact, and I have seen it making the rounds on social media as well.

I want to make it clear I am NOT promoting this business opportunity as an affiliate or distributor in any way.

I have done all my research in this Amzbit review do you can learn the honest truth and decide if it’s right for you.

Is Amzbit a scam? Is it legit?

Can it really deliver on it’s promises?

Let me tell you in my Review Amzbit.

Let’s get started.

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

Seriously, What Is Amzbit?

Amzbit is an MLM opportunity that exists within the niche of e-commerce. The company’s official website showcases a corporate address in Florida in the United States, and there’s a section titled “our story” indicating that Burke Hedges and Sean Connors are the “minds behind Amzbit.”

As the story goes:

“Burke Hedges and Sean Connors, the minds behind Amzbit, recognized that greed and corruption had taken over a lot of business and were looking for a positive way to help people earn money while also providing 100% transparency.

A chance meeting, that turned into a brainstorming session eventually gave rise to the idea of Amzbit.”

Prior to his time at Amzbit, Burke Hedges was one of the top earners over at LifeVantage. However, shortly after hedges was investigated for misconduct, he was removed from LifeVantage in August of 2011.

Then, just a month later, Hedges came back at LifeVantage with a lawsuit accusing the company of wrongful termination.

Per that suit:

“An initial ruling on the case was issued in favor of Hedges, but in an unpredictable move the judge reversed the decision after damages were assessed in the multi-millions.

The reason for the reversal was allegedly that Hedges caused the initial material breach of contract, not with misconduct but under new allegations by the defendant that he used a proprietary training tool without permission. A claim that Hedges denies.”

Hedges is currently approaching LifeVantage with a case of $60,000, and the last court hearing appears to have taken place in late November of last year.

After he was booted from LifeVantage, Hedges went on to be an affiliate at Numis Network for a handful of years.

As for Sean Connors, there’s not much to see. I tried looking up background information on the man, and try as I did, I was unable to find any concrete history – be it personal or business-related.

Amzbit Scam

What Products Does Amzbit Sell?

In regards to the product line Amzbit has to offer, there’s not much of anything to see.

There aren’t any goods or services to be found, and because of this, there’s a complete and total lack of any retail sales activity.

This leaves affiliates with only the affiliate membership to offer to those interested in the company, and the main draw to the membership is the attached income opportunity.

The affiliate membership for Amzbit is referred to as “Smart Subscriptions”, and when someone signs up for this, they’re given access to a “digital product library” that’s described as follows:

“An active Smart Contract gives you ACCESS to exclusive business coaching, personal development master classes, leadership mentoring, books, interviews, podcast, webinars, workshops and other exclusive products.”

Info On The Amzbit Compensation Plan

Should you choose to become an affiliate for Amzbit, you’ll receive money through cash back offerings via Amazon’s own affiliate program and “member to member” payments.”

In regards to commission earned through Amazon, affiliates earn money when other people buy money through their referral links. Amzbit initially gets the commission, and then it shares this money with its affiliate base.

Recruitment commissions are also on the table, and these are paid as a $25 direct recruitment commission when you convince someone else to join the company.

As if that wasn’t enough, Amzbit offers two bonuses that are earned through more affiliate recruitment.

How Much To Join Amzbit?

If you’re interested in joining Amzbit, you’ll need to pay a $100 fee every 30 days.

Should you fail to meet this payment, you’ll only earn on recruitment commissions and earn nothing from Amazon affiliate links.

Also, aside from those Amazon commissions, all payments with Amzbit are handled via bitcoin.

Seriously, Is Amzbit A Scam Or Is This Legit?

As I am sure you have heard with most business opportunities, there are a lot of scams on the internet, and Amzbit might be a scam with them.

Having read the review above, you might be wondering if Amzbit is legit or completely a scam.

So, is it a scam?

Is Amzbit a scam, or can you make a proper business with it?

Honestly, Amzbit isn’t a complete scam, but there are definitely some things to be aware of (see the conclusion section).

Whether you decide to join or not, you really need to master your marketing and lead generation.

This is the only way you will be successful.

See below for help with making money online.

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

Here’s My Amzbit Final Thoughts!

Per Amzbit’s website, the company describes its opportunity as a fusion of Amazon and bitcoin:

“As a member of the Amzbit community, you will automatically become a part of the Amzbit Associates Commission program.

Through our partnership with Amazon, you will earn a portion of the profits on any sale made through Amazon.

By using Bitcoin as our primary payment method, you can experience all the benefits of blockchain technology and be a apart of the future of the financial industry.”

Amzbit may look like a quick way to make cash to some folks, but this is something you should stay as far away from as possible. In addition to being in direct violation of the Amazon Affiliate program, Amzbit is essential nothing more than a pyramid scheme.

The admins behind Amzbit should make a pretty penny, but most everyone else will lose out. Recovering lost funds will be next to impossible, Amzbit’s admins won’t do a single thing to help you out, and as such, you don’t deserve to give this company any of your time or money.

Hopefully, you have enjoyed this Amzbit Review.

I wanted to give you this in-depth review because there have been plenty of other Amzbit reviews that don’t really give all the information you need.

If you do decide to join, I want you to be successful, so learn how to market yourself properly.

My FREE training below will help you market and earn money!

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

Speak Your Mind