BTCxCanada Review – But I’m Not Promoting It!

BTCxCanada ReviewLately, this business opportunity has been getting a lot of hype on the internet.

People are hyping BTCxCanada all over the place, including a lot of social media.

Has someone already pitched BTCxCanada to you?

The first thing I want to tell you is that I am NOT promoting this business in any way.

I have complied all the facts about it in my BTCxCanada Review so you can discover the truth for yourself!

Have you hear that BTCxCanada is a scam?

That BTCxCanada can’t deliver on it’s promises?

I will tell you all about it in my Review of BTCxCanada.

Let’s get started.

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Exactly what is BTCxCanada?

BTCxCanada exists under a veil of mystery, with no information at all available regarding the ownership of the company, or who is responsible for running it. The website was registered in July of 2016 with all registration details being set to private. This quote from their website is the typical sort of prose you get from suspicious schemes, though:

“This is a community of ordinary people, selflessly helping each other, a kind of the Global Fund of mutual aid. This is the first sprout of something new in the modern soulless and ruthless world of greed and hard cash.

The goal here is not the money. The goal is to destroy the world’s unjust financial system. Financial Apocalypse.

Before you join, be sure to be acquainted with our ideology!”

Full of nonsensical bluster, this scheme is unlikely to change the world and you should be very wary of companies that are asking for large sums of investment without being open and transparent about who they are.

BTCxCanada Scam

Are There Any BTCxCanada Products?

BTCxCanada do not offer any products or services for sale to retail customers. Affiliates are, instead, encouraged to recruit new member to the scheme.

Can You Tell Me About The Compensation Plan For BTCxCanada?

Affiliates of BTCxCanada are required to invest an amount between $20 and $10,000. In return the company promises a daily return on investment of between 10% and 20%. Affiliates also earn two types of commission:

  1. Referral Commission

Affiliates directly receive 12% of all funds invested by other affiliates that they, themselves, have recruited to the scheme.

  1. Residual Commission

To qualify for residual commissions, an affiliate needs to have recruited at least three new affiliates. Once qualified, BTCxCanada uses a unilevel model to calculate the payments.

A unilevel model is simple to produce and works in the following way:

  • You, as a new affiliate, are placed in a position at the top of the grid
  • Every new affiliate you recruit to the scheme is placed in a position directly beneath yours. This forms your Level 1.
  • Every affiliate that is recruited by those on level 1 are placed in positions directly beneath them. This forms your Level 2.
  • Affiliates recruited by those on Level 2 are, in turn, placed in positions directly beneath them to form your Level 3.
  • This process continues and can, in theory, reach an infinite number of levels.

BTCxCanada pays residual commission on the first 20 levels of this srtructure. The values are:

  • Receive 5% commission on investments made by Level 1 affiliates
  • Receive 3% commission on investments made by Level 2 affiliates
  • Receive 2% commission on investments made by Level 3 affiliates
  • Receive 1% commission on investments made by Level 4 affiliates
  • Receive 0.5% commission on investments made by Level 5-10 affiliates
  • Receive 0.25% commission on investments made by Level 11-20 affiliates

The 5% commission earned for investments made by Level 1 affiliates is in addition to the referral commission of 12%.

What Is The Fee To Join BTCxCanada?

To become an affiliate member you are required to make an initial investment into the scheme. This can be an amount between $20 and $10,000

Is BTCxCanada Truly A Scam?

If you’ve been doing your research on BTCxCanada, you may have heard from some people that it’s a scam, and from other’s that it’s totally legit.

After reading my review, you might not be sure for yourself.

So, what’s really going on here?

Is BTCxCanada a scam, or can you make a legit business with it?

To be honest, I am not sure BTCxCanada is a complete scam.

However, I did find a few things to be aware of before you join, which will help you to be successful if you join.

Also, see below for help with making money online.

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Read Here For My BTCxCanada Conclusion!

Another company, with the same claims of a financial apocalypse, called ‘MMM Global’ offered a very similar proposal. This company eventually collapsed and resulted in most people losing their money.

BTCxCanada seems to be an attempt at using the concept of MMM Global again, but by targeting people in Canada in particular, perhaps being orchestrated by a Canadian who lost out in the MMM Global fiasco and decided to recoup the losses by launching a similar scheme closer to home.

Simply put, BTCxCanada is a ponzi scheme. It promises affiliates a guaranteed return on their investment, and pays these from the funds generated from investments made by new members. As with all ponzi schemes, this model is simply unsustainable without there being another avenue for income into the scheme (which BTCxCanada does not have).

The mysterious owners will have put themselves in positions at the top of the structure to ensure they receive the majority of invested funds, with just enough being paid out to other affiliates to keep people interested and seemingly able to earn through the system. This will work for as long as new people join up, but once recruitment slows down the company will encounter serious problems. With no new funds entering the system, affiliates will receive no payments so will stop any additional investments themselves and won’t bother trying to recruit new members. This will eventually cause the company to collapse (just like it did with MMM Global) and everyone will lose out apart from those at the very top.

BTCxCanada is structured in a way that is simply unsustainable and will only ever benefit those at the top. The fact that the company ownership is being kept so secret implies that they, too, know this fact and are running it to make as much as they can before vanishing. When looking for a plan to invest in, it is important to make sure there are alternative sources of revenue other than investment by other affiliates (who are being promised the same returns as youa re). Without these, the company will simply be unable to pay back everything promised to its members.

I hope you have gained a lot of value from my BTCxCanada Review.

I have found other reviews are scant on details, so I wanted to make sure you had everything you need here.

If you do decide to move forward with BTCxCanada, I think the info I have given here will help you.

Moving forward, you need to take care of marketing yourself, which you can learn how to do with my free training. Click below.

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