What is Bitdonix? Is Bitdonix a Scam or a Legit?
Are you searching for the Bitdonix reviews in order to find out what is Bitdonix.com and its real truth such as either Bitdonix is scam or legit, does Bitdonix pay or not, either Bitdonix business model is legal or not and so on? If so, then you are absolutely in the right place because here, within our Bitdonix review, you can find the complete truth about Bitdonix.com. Actually, we have listed Bitdonix in our Not Recommended online works companies list because Bitdonix is following the cash gifting business model, which is neither a legal, nor a sustainable business model. You can find more details on it within our Bitdonix.com review as below. But, before that if you want to take a look at our recommended online work companies list, then you can find those by clicking this link:- newsonlineincome.org/legitimate-work-home-businesses/
We also want to mention that our No.1 recommended online work company is Wealthy Affiliate about which you can find the detail by clicking this link:- newsonlineincome.org/wealthy-affiliate-review/
OK, now let’s begin with our Bit Donix review as below in order to find out what is Bit Donix in real.
Bitdonix Login and Join in link:- https://www.bitdonix.com/ (Not Recommended to join)
What is Bitdonix.com? Background of Bitdonix
Bitdonix is a cash gifting scheme which is neither a sustainable, nor a legal business model. This business revolves around without any real products, just by gifting cash between the members. The only way you can make money from this site is by making referrals who will be willing to pay to join this system by gifting cash to you.
As you can find in the official website of Bit Donix, they have mentioned the three names as administrators of Bitdonix which are OJ Jordon, Lubos Hollan and Tousif Parvez. OJ Jordan is from UK, Lubos Hallan is from Slovakia and Tousif Parvez from Abu Dhabi and as per the WHOIS details, Tousif Parvez name is mentioned as the domain owner and the address of owner is mentioned as Abu Dhabi. So, it seems website is operating from Abu Dhabi. But, they haven’t provided any exact location from where BitDonix is operating from. So, we try to find out more about the history of the owners. After doing some research, we have found out that OJ Jordon was promoting My24HourIncome, Fort Ad Pays, Game Loot Network, OneCoin, Coince, Venture Alliance and Zukul Ad Network and so on. Jordon seems to be involved with MLM only from 2016. Lubos Hollan was also involved with 24 Hour Income and Tousif Parvez has involved in ‘pay to click’ marketing through his Clix Union and Guru Clix opportunities. So why are we mentioning about these sites? Because all of these sites which owners of the Bitdonix have involved are not good sites, some of them are already failed, some of them are unsustainable, means going to be failed soon, some of them are Ponzi Scheme and so on. Even you can find our detail review on some of these sites by clicking the name of those sites which are marked with red color.
It is now clear that the owners of this company are already involved with so many Ponzi schemes, failed sites and unsustainable and illegal businesses which is definitely not a good sign. On top of that, as we have mentioned before, the business model of Bit Donix is illegal in itself. So, we have listed BitDonix within our Not Recommended sites list.
How to earn money from Bitdonix? – Not recommended to work and invest
Aforementioned, it is clear that BitDonix is a cash gifting scheme which is illegal and can’t be sustain for long run. So, we don’t recommend you to work with this company. However, if you still want to find out the details about working with this company, then following are the details.
In order to join and start work with this company, first of all you have to pay 0.05 BTC as a gift to your sponsor who has referred you to join in this program. After that, in order to earn money from this company, you have to recruit new people to join this company who will be willing to pay 0.05 BTC to gift you as their sponsor. In that way, you will earn 0.05 BTC from each affiliates that you personally recruited who pay 0.05 BTC to join the system as same as you did. They also have provided the opportunity to earn from their 2×8 matrix system, means from the different levels of your referrals (level 1 means the referrals that you personally recruited and level 2 means the referrals of your level 1 referrals and so on). For example, if you make a 0.08 BTC gifting payment, then you will be able to get the gift from your each second level referrals when they also pay 0.08 BTC in the system. Similarly, if you pay 0.2 BTC, then you will get 0.2 BTC from your third level referrals, if you pay 0.6 BTC, then you will get 0.6 BTC from your fourth level referrals, if you pay 2 BTC, then you will get 2 BTC from your fifth level referrals, if you pay 3.5 BTC, then you will get 3.5 BTC from your sixth level referrals, if you pay 5 BTC, then you will get 5 BTC from your seventh level referrals and if you pay 6 BTC, then you will get 6 BTC from your eighth level referrals.
So, you can see that there is not any real products within a company, it only operates by giving gifts to each other members. Yep, they say that you will receive advertising credits for each payment you make which you can use for advertising your other businesses or products on Bitdonix website. But, there is not any requirement that members should view those ads, so it will be very less chance to get any benefits from those ads, means those advertisements services are just to show up, those are useless services and the whole system operates just by playing money within members. Once the market to get new members become saturated, then the last one who join the system will not get any benefit because he/she will not get any referrals to make any money and will just leave the system which will start to backfire the whole system and slowly the members from down to up will start to leave the system and at last the system will collapse. This is the reason why these kinds of business schemes are also categorized as a Pyramid Scheme which will never sustain because in order to sustain, company should provide some good products so that there will be always a scope to get the new members. Without a good product, it is hard to make a system sustainable and even these kinds of business models are already marked as an illegal businesses from concerned authorities which may need to face a legal action anytime in the future even if they manage to keep on paying and sustain for long run. So, it is better to stay away from these kinds of companies.
Aforementioned, Bitdonix is a cash gifting business scheme which is completely unsustainable and illegal. These kinds of companies can face legal issue anytime in the future. On top of that the owners of this company are already involved with several unsustainable, failed and Ponzi schemes in the past which proves that they don’t care if any other lose money. So, we don’t recommend you to work with Bitdonix and also suggest you to stay away from similar kinds of Cash Gifting Business Schemes and Pyramid Schemes. If you really want to earn good amount of money online, then there are lots of legal companies which provide sustainable income in regular basis for your lifetime, such as Wealthy Affiliate about which you can find the details by clicking this link:- newsonlineincome.org/wealthy-affiliate-review/
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