Bit Donar Review – But I’m Not Promoting It!

Bit Donar ReviewHave you been noticing more and more hype for Bit Donar lately?

This business is picking up a lot of steam, with people pitching it all over social media.

I want to tell you that I am NOT in any way affiliated with Bit Donar.

I want to give you an unbiased opinion on Bit Donar – is it a scam?

Is it legit?

Let me give you all the details in my Bit Donar Review.

Will Bit Donar deliver on all it’s promises?

Find out in my Review of Bit Donar.

Let’s get going with the review!

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What Is The Bit Donar Opportunity?

With Bit Donar, the company’s official website displays pretty much no background information at all.

Looking for info on who owns the company, where it’s located, or who founded it? Sorry, you’re out of luck here.

The registration for the site domain name reveals that this took place on February 24, 2017, but that’s it. The domain for Bit Donar’s website was registered privately, and this means that you won’t find any mention of who the owner is or where they were when they conducted the registration.

Alexa currently estimates that a whopping 96% of all traffic for Bit Donar’s site comes out of India, and this is an extremely strong indication that this is where the company is based out of.

However, aside from that, there is nothing else to say on this matter for Bit Donar. This is about as faceless as they come when dealing with new MLM opportunities, and that’s a title that you should never be happy with seeing.

What Can You Tell Me About The Bit Donar Products?

Switching to the product line side of things, this is another area in which Bit Donar really drops the ball.

So many MLM opportunities that I’ve been reviewing think that they can make it big without any sort of product line in place, and this is something that Bit Donar is striving for as well.

News flash — this doesn’t work in MLM.

A product line allows for retail sales to take place, and retail sales are often one of the most important aspects when it comes to any MLM opportunity.

The absence of a product line within Bit Donar means that it’s impossible for these retail sales to  exist, and this is one of the most telling signs for any MLM underbelly scheme.

What Can You Tell Me About The Compensation Plan?

On the compensation plan side of things, affiliates for Bit Donar earn money by gifting bitcoin between one another through a 2×5 matrix system.

Upon first joining Bit Donar, you will be asked to send a gift payment of 0.03 BTC to the member that initially recruited you to join the opportunity. Following you sending this money off, you are then able to receive 0.03 BTC from two other members that are recruited into the same level of the matrix that you are in.

This is how pretty much all cash gifting systems work, and Bit Donar doesn’t do anything to reinvent the wheel.

As for the remaining four levels within the matrix system, they work out in the following manner —

  • Level 2 requires affiliates to pay a 0.001 BTC fee and then gift 0.05 BTC to receive 0.05 BTC from four other recruits
  • Level 3 requires affiliates to pay a 0.02 BTC fee and then gift 0.1 BTC to receive 0.1 BTC from eight other recruits
  • Level 4 requires affiliates to pay a 0.05 BTC fee and then gift 0.2 BTC to receive 0.2 BTC from sixteen other recruits
  • Level 5 requires affiliates to pay a 0.5 BTC fee and then gift 1 BTC to receive 1 BTC from thirty-two other recruits

What Will It Cost To Join Bit Donar

If any part of Bit Donar sounds appealing to you, you’ll need to gift at least 0.03 BTC in order to start earning money within the company.

with that said, you’ll be looking at another 0.571 BTC in matrix fees and ten 1.38 BTC worth of gifting if you’d like to fully participate in everything that the Bit Donar compensation plan has to offer.

Is Bit Donar A Scam?

So, like with all business opportunities, you will hear things around the internet about there being a Bit Donar scam or something like that.

And from what you have read, you may also wonder if this is legit or a complete scam.

So, what’s the truth?
Is there a Bit Donar scam going on or is this legit?

Well, to be honest, Bit Donar is not really a proper scam or anything like that.

But there are some things to be aware of (see conclusion section).

That is how you will be successful.

See below for help with making money.

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My Bit Donar Review Conclusion

According to the Bit Donar website, the company is a “direct M2M donations platform where members voluntarily give and receive donations.”

M2M is another way of saying “member to member”, and in the world of MLM, that’s always a sure sign that you’re dealing with some sort of cash gifting scheme.

Although Bit Donar advertises that its members gift money as donations, that’s not at all how donations actually work.

You make a donation when you send someone money without expecting anything in return, but affiliates of Bit Donar gift money for the sole purpose of getting a form of payment back.

In other words, it’s a cash gifting scheme.

Just like all other schemes of this nature that have come and gone before Bit Donar, the company will fail and collapse once recruitment activity dies down. This will result in people not getting the money that they’re expecting, and eventually Bit Donar will completely collapse.

There’s a slight possibility that some people could come out on top once all is said and done, but at the end of the day, expect to lose out if you decide to get affiliated with Bit Donar.

Hopefully, you have found my Bit Donar Review useful.

I wanted to give a lot of details because there have been other review of Bit Donar which were a bit thin on the detail side.

No matter what happens, if you really want to succeed with any business, you have to learn how to market properly.

And, my training below will help you do that and make money!

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