Binom Review – Legit Or Scam?

Binom ReviewHas someone approached you lately about joining Binom?

This doesn’t surprise me – it’s been getting a lot of hype in the last couple of week, with people pitching it all the time.

First, let me make one thing clear – I am NOT in any way affiliated with Binom.

I simply wanted to gather all the details here for you in my Binom Review so you can make an informed decision.

Is Binom truly a scam?

Does it really work like the marketing materials say it will?

Read on to find out in my Review of Binom.

Let’s get going!

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What The Heck Is Binom?

Looking at the official website for Binom, there’s nothing to see in the way of background information. I dug through every page on the site that I could find, but even so, I was unable to locate even the slightest mention of who owns the company, where it’s based out of, or when it was founded.

It is fairly easy to see that the domain name (binom-corp.com) was registered on March 22 of this year (2018), but that’s about it. Since the domain name was registered privately, it’s impossible to know who owns it or where in the world the registration took place.

This makes it pretty clear that Binom didn’t have any presence until around 8 months ago, but even so, the company uses its website to claim that it’s been around since 2015.

Add all of this together, and we end up with a faceless MLM opportunity that’s hiding most info from the public’s eye and clearly lying about how old it is. Not a great start at all.

Binom Scam

What Can You Tell Me About The Binom Products?

Keeping with the trend of less than stellar ways to run a multi-level marketing opportunity, Binom doesn’t have any sort of product line to speak of.

No goods or services are being sold to retail customers, and as such, it’s impossible for there to be any retail sales activity. With no retail sales to speak of, the only thing Binom affiliates have to market to non-members is access to the affiliate membership itself and the income opportunity that comes bundled with it.

In my experience doing these reviews, an MLM setup that lacks background info and doesn’t have a legit product line is a sure-bet to be some sort of underbelly scheme.

What Can You Tell Me About The Binom Compensation Plan?

When it comes to making money with Binom, this is done by investing money into it so you can then start earning on an advertised ROI.

This ROI is paid out daily, and the five available investment tiers work out as follows:

  • Liverpool — Members invest between $25 and $249 for a daily ROI of 1.7% for 12 days
  • Chelsea — Members invest between $250 and $4999 for a daily ROI of 2.4% for 18 days
  • Real — Members invest between $5000 and $49,999 for a daily ROI of 3% for 30 days
  • Barcelona — Members invest between $50,000 and $99,999 for a daily ROI of 4.1% for 35 days
  • Bayern — Members invest between $100,000 and $10,000,000 for a daily ROI of 4.6% for 40 days

Binom supplements the direct ROIs with residual commissions, too. These are paid via a unilevel system and pay down to 20 levels of downline recruitment.

Are There Membership Fees For Binom?

Although the affiliate membership for Binom is technically free, you’ll need to make an investment of at least $25 if you want to participate in the MLM side of the company.

Furthermore, if you want to continue to be eligible to earn as time goes on, you’ll need to maintain an active investment into Binom.

Is Binom A Scam?

If you’ve come across a review that says Binom is a scam while researching, I wouldn’t be surprised.

A lot of marketers will tell you something is a scam just so they can sell you something else.

So, can you trust those other reviews?

What is the truth about Binom? Is it really a scam, or is it legit?

I would say no, not exactly. However, there are a few things in the business you should be aware of – read on to the conclusion to find out what they are.

Knowing what you’re getting into is the best way to be successful.

See below for my FREE training that will help you make money!

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What’s your Conclusion About Binom?

With all that said and done, it’s safe to say that Binom is just another underbelly scam that serves no purpose other than trying to solicit people out of their hard-earned dollars. It reminds me of Amazon Cash Websites which is another deceiving program I reviewed recently.

Binom claims to have a “long-term partnership with independent European betting experts” as a way to justify the high ROIs it’s offering, but in reality, it’s going the Ponzi route of using newly invested funds to pay ROI liabilities to existing members.

If I were you, I’d stay as far away from this one as possible.

I hope that you are able to use my research in my Binom Review to make a decision.

If you do decide to become an affiliate with Binom, make sure you take the time to learn how to market yourself.

My FREE training can help you.

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

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