X-Binary Review – But I’m Not Promoting It!

X-Binary ReviewHave you been noticing more and more hype for X-Binary 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 X-Binary.

I want to give you an unbiased opinion on X-Binary – is it a scam?

Is it legit?

Let me give you all the details in my X-Binary Review.

Will X-Binary deliver on all it’s promises?

Find out in my Review of X-Binary.

Let’s get going with the review!

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What Is The X-Binary Opportunity?

In the case of X-Binary, we’re looking at a company that’s decided to not offer any information at all when it come to who currently owns and founded the company. This is a bit of info that’s incredibly important to know whenever there’s a new business opportunity that you’re considering joining, but you won’t find it anywhere with X-Binary.

Taking a glance at the domain name registration, you’ll be met with a fairly similar story. Since the domain was registered privately, there’s no way of knowing who the owner is or where they were when they acquired said domain. The only available bit of info here is the fact that the anonymous owner purchased the domain on September 20 of 2016.

After looking through every part of the X-Binary site, I was able to locate a number for the incorporation of X-Binary LTD. This name was apparently registered with the UK Companies House on September 21, 2016, and the address that was used for the incorporation belongs to an area in London.

Someone by the name of Ellis Dunn is cited as the one and only Director for X-Binary, and this is where you’ll find yet another London-based address.

I attempted to do a bit more research Dunn, but I was unable to find any mention of this person outside of what’s said about them on X-Binary’s site.

For those that don’t know, incorporating a business in the United Kingdom costs around 20 GBP and requires just that payment and some sort of mailing address (of which can be rented very easily).

With this information in mind and the lack of available info for Dunn outside of X-Binary, it’s pretty safe to assume that both Ellis Dunn and X-Binary’s incorporation in the UK are being used for a namesake and nothing more.

This assumption is further reinforced when you consider the fact that a whopping 52% of all website traffic for X-Binary is generated through Japan.

That much traffic coming from one area is a very strong indication that whoever is actually behind X-Binary is based somewhere out of Japan, but that’s unfortunately as specific as we’re able to get in this case.

X-Binary Scam

What Can You Tell Me About The X-Binary Products?

On the product line side of things, there’s not a whole lot to talk about here.

Similar to lots of other MLM opportunities that I’ve been reviewing lately, X-Binary doesn’t have any goods or services that are being sold or marketed to retail customers.

This means that retail sales cannot take place, and this is not good considering that solid retail sales activity is one of the most important factors when it comes to MLM.

What Can You Tell Me About The Compensation Plan?

Taking a look at the money-making opportunity within X-Binary, affiliates earn an income by first investing a minimum amount of $10 into the company in order to start earning a daily ROI of 3%.

Choosing to invest more and more cash will allow you to get that ROI for a longer period of time, and the three main investment levels are as follows —

  • The XB-Trial tier pays a daily ROI of 3% for 60 days if you invest $10 or more
  • The XB-Pro tier pays a daily ROI of 3% for 80 days if you invest $100 or more
  • The XB-Master tier pays a daily ROI of 3% for 100 days if you invest $1000 or more

There is also the presence of referral commissions, and these are paid to members via a unilevel payment structure.

Personally recruited affiliates of yours pay a commission rate of 10%, members between 2 through 5 pay 1%, and any affiliates in your downline between levels 6 and 10 pays at a rate of 0.5%.

The percentage here is a rate that’s based on how much money your personally recruited members and downline decides to invest into X-Binary.

What Will It Cost To Join X-Binary

If you’d like to become an affiliate for X-Binary, you’ll need to invest a bare minimum amount of $10. However, choosing to dump more and more cash into the company will allow you to increase your overall earning potential within the compensation plan.

Is X-Binary A Scam?

So, like with all business opportunities, you will hear things around the internet about there being a X-Binary 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 X-Binary scam going on or is this legit?

Well, to be honest, X-Binary 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 X-Binary Review Conclusion

As per the X-Binary website, the company is able to generate its ROI through “cryptocurrency trading.”

According to a bit of copy from the site, “X-Binary is one of the most innovative and most profitable asset management companies, and it generates highly profitable returns. X-Binary is dedicated to a focus on generating profits exclusively from Cryptocurrency trading.”

As you might already be able to guess, X-Binary doesn’t back of these claims with any sort of data whatsoever.

In reality, there isn’t any cryptocurrency trading actually taking place. The only source of income that’s visibly making its way into X-Binary is affiliate investments, and this money is being used to cover the ROIs being offered to existing members.

So, because of this, X-Binary is little more than a Ponzi scheme.

The company will continue as long as people continue to join and invest, but once this dies down, X-Binary will eventually be faced with a complete and total collapse of all operations.

Most people who get involved will end up losing out, and only the anonymous admin will end up earning anything of legit value.

Hopefully, you have found my X-Binary Review useful.

I wanted to give a lot of details because there have been other review of X-Binary 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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