Binary Global Review – Huge Scam Or Legit System?

Binary Global ReviewAll around the internet, Binary Global has been getting lots of buzz.

It would not surprise me if you told me you’ve heard of it, or someone has pitched it to you.

It’s also really popular on social media.

This first thing you should know is that I am NOT an affiliate or distributer for Binary Global.

Is Binary Global truly a scam?

Can you build a solid business with Binary Global?

I have gathered all the details about Binary Global so you can make an informed decision.

I’ll tell you everything you need to know in my Review Of Binary Global.

Let’s get started.

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What The Heck Is Binary Global?

Today, we’re going to be taking a look at Binary Global. This is one of the most recent MLM opportunities to hit the scene, but unfortunately, it doesn’t appear to be that great of one to join.

Right off the bat, it doesn’t take long to see that there’s a noticeable lack of background information on the company’s official website. Info on who owns the business, who runs the daily operations, or where it’s physically located in the world.

This is something that I usually notice when dealing with schemes of some sort, but even with that being the case, I decided to keep looking to see if I could find any other info about Binary Global.

I decided to look into the domain registration for the company’s site, and this showed be that the domain name was first registered back on December 28th of last year (2015). However, the registration was recently updated on November 6th of 2016, and this is more than likely when the new owner took hold of it.

The registration showcases someone by the name of Joshua Harris as the owner, and there’s also an address listed for someplace in the United States.

However, after just a little bit of research it didn’t take long to realize that the address provided is nothing more than a pile of lies.

This likely means that Joshua Harris himself doesn’t exist either, so we’re left with no legitimate background information on Binary Global.

Binary Global Scam

What Are The Binary Global Products?

In regards to the product line that Binary Global is offering, there’s unfortunately not a lot to talk about at all. This is because Binary Global is yet another opportunity that’s made the decision to not offer any form of product line at all, and this isn’t good news for anyone.

While omitting a product line certainly does make it easier and cheaper to launch an opportunity, it also means that there’s no chance at all for retail sales to take place. With no retail sales, there’s no chance for income to make its way into the company from it, and this is often the primary source of revenue for most legitimate opportunities.

What does this mean for Binary Global?

It probably means that the primary source of income they’re getting is coming from their affiliates, and is it usually goes, this likely means that they’re operating as a scheme or scam of some sort.

With that said, it is worth noting that once an affiliate does become a member for the company, they are then granted with a host of advertising credits. These credits can then be used to display custom advertising on the Binary Global website, and these are often referred to as “adcredits” in the MLM world.

Adcredits are things usually seen with Ponzi schemes, and that’s not a good sign at all for the final outcome for Binary Global.

What About The Compensation Plan For Binary Global?

Moving on to the compensation plan that Binary Global is offering, we’ve got a setup in which affiliates invest money to get placed in the company’s 2 x 10 matrix system.

A 2 x 10 matrix is completed once a total of 2046 positions have been filled, and this takes place with methods of both direct and indirect recruitment.

An affiliate can get started with the matrix system by gifting 0.03 BTC to the person that personally recruited them to join the company, and this then entitles them to receive two gifting payments of 0.03 BTC from subsequently recruited affiliates.

Once this happens, an affiliate can then gift 0.04 BTC to then get into the second level of the matrix system. After gifting this next payment, the affiliate is then eligible to get four gifting payments of 0.04BTC each.

This process goes on and on up until level 10, in which an affiliate gifts 2.8 BTC to earn 2.8 BTC from a whopping one thousand and twenty-four other affiliates.

So, at its core, Binary Global is operating as your typical cash gifting scheme that’s using bitcoin for all of the transactions.

What’s The Cost Of Joining Binary Global?

In order to join Binary Global, you’ll need to gift at least 0.03 BTC to the affiliate that recruited you to join. However, gifting more and more will result in you being able to earn more gifting payments from other affiliates.

So, Is There A Binary Global Scam Going On?

Have you heard that Binary Global is a scam?

It’s hard to tell if this is true or not, because a lot of people are just trying to sell you something.

So, from reading this, is Binary Global a scam or is it legit?

I would say not exactly, but there are a few things to watch out for, find out what in the conclusion.

Learning about these things will make you successful – and see below for my FREE training on how to market yourself.

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Finally, My Binary Global Review And Conclusion!

As per the Binary Global website, “BinaryGlobal is a peer-to-peer donation platform for members to help other members in a systematic way.”

Binary Global is selling the idea that all of the payments being sent through their opportunity are on the basis of donations to and from other affiliates, but in reality, the company is operating as a typical cash gifting scheme.

Affiliates get started out by first gifting 0.03 BTC to the person that got them to join the company, and then this process of gifting money to then earn money goes on and on through 10 different matrix levels.

Because of the way that the matrix system is established, funds are constantly being moved up and up to the highest positions. These positions are likely filled by the company’s admin(s), meaning that they are the one(s) who’s takin the lion’s share of all the earnings.

As all cash gifting schemes go, Binary Global will run into trouble once levels of recruitment and investment die down. This will see payments taking longer and longer to go out to those who are waiting for them, and it will result in Binary Global spiraling down the rabbit hole rather quickly.

In the end, most people will end up losing out on this deal, and because everything is handled using Bitcoin, recovering any lost funds will be next to impossible.

Did you find this Binary Global Review useful?

I wanted to gather all the details for you, because I have noticed other Binary Global reviews have been scant on details.

If you decide to proceed with Binary Global, I want you to be successful.

Get my free training that teaches you my methods.

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