BTC Wait Review – Huge Scam Or Legit System?

BTC Wait ReviewIf you’ve been paying attention lately, you’ll notice that BTC Wait has been getting a lot of hype.

Because it’s new, it’s getting a lot of buzz and if you’re in an online business, I am sure someone will push it on you at some point.

It’s especially popular on social media at the moment.

I do want to let you know that I am NOT affiliated with BTC Wait as a member or distributor.

My goal is to gather all the facts in one place for you so you can do your research – and it’s all here in my BTC Wait Review.

Is BTC Wait a legit business, or is it a complete scam?

Will I be able to build a business with it?

I tell you all about it in my Review of BTC Wait.

Read below to find out more.

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What Is BTC Wait?

With BTC Wait, we’re dealing with an MLM opportunity that’s chosen to provide no legitimate background information on its website at all. Look as you might, there’s no mention of who founded the company, who’s running things on the day-to-day, etc.

One thing that I did notice is that the company claims to be incorporated in the United Kingdom under the name of BTCWait Limited.

The incorporation reportedly took place on November 17, 2017, but the address that was used for it actually belongs to Registered Office – a company that specializes in selling virtual office spaces to other business.

The one and only Director is listed as Zachary Simpson, and seeing as how there’s no outside information on Simpson available, it’s likely that he doesn’t exist.

BTC Wait’s domain name was first registered on November 7, 2017, and seeing as how the domain registration was done privately, it’s impossible to know where in the world it took place or who the owner of the domain is.

BTC Wait Scam

What Products Are Being Sold?

In regards to the product line, there’s really not much to speak of.

No goods or services are being sold to retail customers, and this means that affiliates are left with only the affiliate membership to offer to those that are interested in getting involved with the attached income opportunity.

In my experience, this is a theme that’s only seen with MLM opportunities that exist in the MLM underbelly.

Info On The BTC Wait Comp Plan

As for the compensation plan, affiliates that join are asked to invest money so they can then earn an ROI that BTC Wait is advertising.

There are five main plans to choose from, and they work out as follows:

  • Gold Plan — Affiliates invest $10 or more and then earn a daily ROI of 3% for 100 days
  • VIP Plan — Affiliates invest $1000 or more and then earn a daily ROI of 7% for 35 days
  • Business Fast Plan — Affiliates invest $2000 or more and then earn a daily ROI of 10% for 15 days
  • Super VIP Plan — Affiliates invest $20 or more and then earn an ROI of 800% after waiting 40 days
  • Super Silver Plan — Affiliates invest $50 or more and then earn an ROI of 1800% after waiting 70 days

Referral commissions are offered alongside this, and these allow affiliates to earn on recruitment and investment activity within their downline as well.

Affiliates can earn larger and larger percentages as they recruit more people, so there’s a big incentive to focus all of your time on investment and recruiting as many other affiliates as possible.

What Will It Cost Me To Join BTC Wait?

If you’re at all interested in joining BTC Wait, you can initially do so for free. However, in order to earn on referral commissions and the offered ROI, you’ll need to make an investment of at least $10.

Any Truth To The BTC Wait Rumours?

Any time a new business opportunity launches, you will always hear rumours about them being scams – so is BTC Wait a scam?

From reading above, you might already be thinking BTC Wait is a scam.

So, is it?

Is there a BTC Wait scam, or is it legit?

To be honest, BTC Wait isn’t a complete scam.

However, there are some red flags to be worried about, which I discuss in the conclusion.

See my tips below for helping to make money.

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And Now, My BTC Wait Conclusion

In case you couldn’t already tell, BTC Wait is a pretty typical Ponzi scheme that will ultimately see most involved affiliates losing out.

BTC Wait claims that it can offer the ROI due to “unique investment methods”, but there’s absolutely no proof of any “investing” taking place.

The only money that’s actively coming in is that of affiliate investments, and as such, these newly invested funds are actively used to pay ROIs that BTC Wait owes to other members.

I hope you have gained value from my BTC Wait Review.

I have put all the details you need to know here, because all other reviews of BTC Wait have been fairly limited with details.

If you do decide to proceed with BTC Wait or any business, you’ll find my free training helpful – I will show you how to make money online.

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