If you are looking for a detailed BitKrypton review, then you’re in the right place!
I was looking around the internet for new money-making programs and stumbled upon BitKrypton. I found that there were both some positive and negative reviews about the program so I wanted to take a closer look to see for myself.
In this review, I am going to take the time to research the information about the company, the products, and the compensation plan to see how works, what they offer, and if it is worth it to join.
In the final section, I am going to share my final thoughts and my recommendation about the BitKrypton opportunity.
Make sure to stick around until the end because some of the information that I found might surprise you.
With that said, let’s dig in and see what we can learn.
What Is BitKrypton?
BitKrypton is an MLM company that offers you the ability to make money through the promised ROI that the company offers and also through the referral program. The company appears to be in the cryptocurrency, commodities, indices, and forex trading niche to earn their profits for their promised ROI that they offer.
One of the things that I like to see is the information about the owner on the company website. This will give me and others the ability to look at the history and the experience that the owner has.
Unfortunately, there is no information that I was able to find on the company website about who the owner is.
Knowing the information about the owner will give you and me the ability to learn what type of person that we would be representing if we were to decide to join BitKrypton.
I decided to take a closer look at the domain name to see if I can find any information about the owner using the whois lookup method and here is what I found:
- The domain name “bitkrypton.com” was registered on 10-30-2019
- The domain name was registered privately
Since the domain name was registered privately, there was no additional information that I was able to find out about the owner.
The company website also claims that they are regulated to do business in some countries but there is no evidence of that.
Other than that, this is all of the information that I have about the BitKrypton company.
Another great review: Double-Tron Review – ROI Scam or Real Money-Maker?
BitKrypton Products – What Do They Offer?
In this section of my BitKrypton review, I am going to cover the products and services that they offer.
After taking a look around the company website, I was unable to find any information about any products or services they offer for your investment.
It looks like the only thing that you can do is join as an affiliate member and earn from the promised ROI that the company offers and the referral commissions that they offer as well.
With that said, let’s continue to the next section.
Another great review: Double-Tron Review – ROI Scam or Real Money-Maker?
How Does The BitKrypton Compensation Plan Work?
In this section of my BitKrypton review, I am going to cover how the compensation plan works and other ways that you can make money with them.
There are 2 ways to make money with BitKrypton that include:
- ROI Commissions
- Referral Commissions
Getting Started and ROI Commissions
In order to earn from the promised ROI, you must make an investment.
The daily promised ROI is 0.5% and is paid longer than 730 days.
However, I am not sure if the amount is compounded which I will take a guess and say it is.
When you get started as an affiliate member with BitKrypton, you can earn from the referral commissions.
The way that BitKrypton pays and tracks these commissions that they pay you is by using the binary compensation plan which works like this:
- The binary-only has 2 legs.
- Each leg counts for its own point volume
- To qualify for this you must personally sponsor and maintain an active investing member on your right leg and also on your left leg
- You can fill each position down for unlimited depth
- You and your downline team members including your upline can fill positions in your organization downline
- You get paid a commission when you have a certain amount of points on your left leg and a certain amount of points on your right leg
That is the basic overview of how a binary comp plan works for those that were not familiar with it.
How To Start Making Referral Commission
You can also start sharing the opportunity with others and when they make an investment of a certain amount, you will earn a percentage of what they invest.
The company pays out 7% of the investment amount that they make for all of your personally recruited members.
Now, in order to earn from the MLM binary compensation plan that BitKrypton offers, you will need to start building a downline team.
This will allow you to earn additional income on top of the promised ROI that the company offers.
The company offers ranks, and the higher the rank that you reach will mean the more money that you will make.
The way to increase your rank in the company will depend on the investment amount that your downline team makes into BitKrypton in your binary.
You can actually rank up really fast if you have 2 big investors in both legs, but you can also rank up with a bunch of smaller investors on both of your legs as well.
The ranks start at the Partner rank and continue on to Presidential Diamond rank.
To qualify for Partner rank, you will need to have $50 on both of your legs and to reach the highest rank which is Presidential Diamond rank, you will need to have $10,000,000 of investment volume on both of your legs.
The spread is quite substantial between ranks and there are a total of 16 ranks in total.
Residual Commissions (binary)
I wouldn’t say that the residual income that BitKrypton offers is the traditional type because everyone only makes a one-time investment to get started but you also earn from the investments that your downline earns from the promised ROI and any referral investments will count toward your commissions as well.
All in all, the company pays 5% of the investments that accumulate on your weaker leg (the leg with the least amount of investments) each week.
The Salary Reward bonuses are mostly an additional commission that you can win for a period of time.
For example, the company will reward you with an additional $60 for 2 months when you generate $4000 worth of investment volume on both sides of your binary comp plan.
These commissions are on top of all other bonuses that the company pays or rewards you with.
These bonuses also have a big qualifying spread of $4000 and more to reach the next reward in the beginning and the spread keeps getting much wider the bigger the reward.
For example, the following reward that you can qualify for is $120 for 2 months but you will have to generate $8000 on your right and left leg to qualify for this one.
The sixth and 7th rewards have a spread of $100,000 with a reward of $800 for 6 months for the first one and $600 for the 7th one.
The biggest reward that you can qualify for requires you to have $10 million worth of investments on both of your legs and this reward pays out $10,000 for 60 months.
Rank Achievement Bonuses
The rank achievement bonuses that BitKrypton are given to you when you qualify for ranks.
This bonus starts when you reach the rank of Elite and higher.
The rewards include cash and prizes that range from earning $100 for hitting the first rank to $500,000 for qualifying for the rank of Presidential Diamond.
Then they also offer cars, apartments, laptops, trips, and devices like smartphones and tablets.
That is really all there is to how the BitKrypton compensation plan and ROI functions and works.
With that said, let’s move on to the next section where I will answer some questions.
Another great review: AutoBTC Builder Review – Scam or Legit? Compensation Plan Breakdown
My BitKrypton Q and A Section
In this section of my BitKrypton review, I am going to answer some of the questions that people may have when thinking about joining.
Is BitKrypton Accredited With The BBB?
After searching around the BBB website, I was unable to find any listing or accreditation for the BitKrypton company.
This doesn’t mean that the company is a scam or not legit, it just means that the company is not listed on the BBB which is not a negative or positive thing.
What’s The Cost To Join BitKrypton?
The minimum cost to join and earn from the ROI and referral commissions is $50. You do have the ability to create a free account to get started but you cannot earn from the promised ROI that the company offers without an investment.
With that said, let’s answer the question that many of you have been waiting for which is…
Is BitKrypton A Scam?
After looking at all of the information that I gathered, I can’t say that BitKrypton is a scam or not.
However, I would say that I found some issues that would deter many people that would be looking for a legitimate opportunity like:
- Transparency of the owner
- Not having any retail products or services when being run with an MLM comp plan
- Not having any registration to offer a promised ROI that I can find with any country.
With that said, let’s finish up.
My Final BitKrypton Review and Thoughts
In the final section of my BitKrypton review, I am going to share my final thoughts and recommendation about the company and opportunity as a whole.
I have taken the time to research and review the information about the company, the products, and the compensation plan.
I have also shared my concerns about BitKrypton in my “Is it a scam” section above.
At this time and point in my review, you should have a better understanding of what BitKrypton is, and what they offer.
What are your thoughts up to this point?
But here is the question…
Do I Think BitKrypton Is Worth It?
At this point, you should have all of the information that you would need to make an educated decision on whether or not you think Bitkrypton is worth it to you or not.
If you were to ask me if I would think it’s worth it, I would have to say no, due to the concerns and issues that I found with it.
With that said, I hope you enjoyed my BitKrypton review.
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