Global Bitmax Review – Huge Scam Or Legit System?

Global Bitmax ReviewIf you’ve been paying attention lately, you’ll notice that Global Bitmax 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 Global Bitmax 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 Global Bitmax Review.
Is Global Bitmax 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 Global Bitmax.

Read below to find out more.

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What Is Global Bitmax?

After spending a good amount of time pursuing through Global Bitmax’s website, I was unfortunately unable to find any information in regards to who owns the company, when it was launched, where it’s physically run out of, etc.

With the website being nothing more than a dead end, I took my research over to the domain name registration.

It’s easy to see here that the domain “globalbitmax.com” was acquired on March 3, 2017, but there’s no way of telling who the owner is or where the registration took place seeing as how its set to a private state.

Thankfully, after a bit more digging around on my part, I did manage to find out that various affiliates for Global Bitmax claim that Mauro Mangibin is the sole owner for the company.

This claim is confirmed on Mangibin’s personal Facebook page, and this is evident by a post he published on May 22, 2017 —

“My First Ever Matrix/Cycler Is in Pre Launch.

We tested it, and Positive Result comes out.

Two of my Facebook friends already earned $200 each in couple of hours. Trust me this is Moving Very Fast.”

Marseille, France is where Mangibin currently resides, and prior to running Global Bitmax, he was seen doing quite a bit of promoting and advertising for Platinum World Team Build, Bitcoin Builder, GladiaCoin, and 2×2 Club.

Global Bitmax Scam

What Products Are Being Sold?

If you’re looking for a fleshed out and expansive product line with Global Bitmax, you’re unfortunately going to be a bit disappointed.

The company isn’t marketing or selling anything, and its affiliates have just the affiliate membership to market to folks that might be invested in it and the income opportunity that it provides access to.

When someone does decide to become an affiliate for Global Bitmax, they are granted access to both advertising credits and a, “full suite of marketing emails and graphics.”

Global Bitmax doesn’t go into much detail as to what these marketing emails and graphics actually consists of, but what is apparent is that this is not a main focus for the company in the slightest.

Info On The Global Bitmax Comp Plan

Once you become an affiliate for Global Bitmax, you will have access to the company’s 3×2 matrix system.

This matrix is used to mitigate cash gifting that takes place throughout the company, and affiliates get started with the whole cash gifting setup by sending $10 worth of bitcoin to another existing affiliate within Global Bitmax.

After a newly recruited affiliate gifts this money, they are then eligible to receive $10 of bitcoin from three other people that join the company after them.

The end result is a sum of $30 worth of bitcoin from these three other members, and that money is then sent to someone within the affiliate’s upline so that they can access Level 2 of the matrix.

With Level 2 of this matrix unlocked, an affiliate is then able to generate another nine payments of $30 worth of bitcoin that are then sent to them by other affiliates. Following the successful filling of all these nine positions, five more spots are made within other 3×2 matrices throughout Global Bitmax.

Additionally, affiliates can get extra cash through referral commissions.

If you recruit someone into Global Bitmax that buys a matrix position for $10 worth of bitcoin, you then get a payment of $1 of bitcoin.

Along with this, recruiting someone who is able to fill all twelve positions within the 2×3 matrix will see you being paid $20 worth of bitcoin as another referral commission.

I noticed similar problems with the iCoinPro opportunity which I looked at recently.

What Will It Cost Me To Join Global Bitmax?

In order to join Global Bitmax, you’ll need to purchase a minimum of one matrix position for the cost of $10.

Note that this payment and all other transactions throughout Global Bitmax are handled via bitcoin.

Any Truth To The Global Bitmax Rumours?

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

From reading above, you might already be thinking Global Bitmax is a scam.

So, is it?

Is there a Global Bitmax scam, or is it legit?

To be honest, Global Bitmax 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 Global Bitmax Conclusion

Global Bitmax’s main marketing point is the fact that affiliates can generate a $270 ROI after investing just $30.

That sounds awesome on paper, but there’s nothing legitimate about the way that Global Bitmax is operating.

Cash gifting is the name of the game throughout the compensation plan, and when you factor in the referral commissions, you also seen an element of a pyramid scheme.

Liabilities that Global Bitmax owes through commissions will soon be out of control after just a few cycles being filled, and this means that it won’t take long at all for the company to completely fun out of money.

When this does happen, Mauro Mangibin will gather any money he’s earned (which will be most of what’s sunk into Global Bitmax) and pretty much abandon the company.

It’s doubtful that anyone else who joins will make back their initial investment (let alone make a profit), and because of this, you shouldn’t bother giving Global Bitmax any amount of money.

Unless you’re a fan of getting involved with the MLM underbelly and throwing your money down a well, this is not the opportunity for you.

I hope you have gained value from my Global Bitmax Review.

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

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

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