What is BTChamp.com? Is BTChamp a Scam or a Legit?
If you are searching for the BTChamp reviews so that you can find out the answers of the queries like, what is BTChamp, does BTChamp pay or not, either is there BTChamp complaints or not, either is BTChamp scam or legit, either is BTChamp legal or not, either is BTChamp Pyramid Scheme or not and so on, then you are absolutely in the right place because here, within our BTChamp review, we have provided the complete truth about BTChamp.com so that you can find out what is www.BTChamp.com in real. Actually, we have listed BTChamp within our Not Recommended online works companies list and the reason for that you can find out in details within our BTChamp.com review as below. Actually, in order to recommend any online work companies, we don’t only consider either they are paying or not, but also consider either they can keep on paying or not, their business model is sustainable or not, their business model is legal or not, the background of owner is good or not, the numbers of positive feedbacks are more than negative complaints or not and so on. For example, in order to find out what kinds of online work companies we have recommended, you can take a look at the list of our recommended online work companies by yourself by clicking this link:- newsonlineincome.com/legitimate-work-home-businesses/
To be more clear, you can take a look at our No.1 recommended online work company known as Wealthy Affiliate so that you can find out yourself which kind of company we have rated as a number one, for that click this link:- newsonlineincome.com/wealthy-affiliate-review/
OK, now let’s begin with our BTChamp review as below in order to find out what is BTC Champ in real (we said BTC Champ instead of BTChamp because some people misspell it as BTC Champ)
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BTChamp login and join in link:- https://www.btchamp.com/ (Not Recommended to join)
What is BTChamp? The background of BTChamp
BTChamp, also known as BTC Champ is a company pretending to be a donation platform, but in real is a cash gifting scheme which is both illegal and unsustainable. BTChamp.com is a business which just operates by gifting cash between the members. You can make money from this site only by making referral who will gift you a cash as same as you do when you join the system by gifting cash to your sponsor. Actually, if you ever see the MLM (Multi Level Marketing) company is using the terms like “donation”, peer to peer” or “member to member”, then you should know that company has more chance to be a cash gifting scheme in real. You can find lots of this kind of site such as, MMM, Zarfund, My BTC Life, Bitdonix, Bitcoin4u, BTC Investments and so on.
When we try to check the background of BTChamp within WHOIS details, we come out empty hand because everything is hidden within a WHOIS detail which is not a good sign. From their website, we have found that Kasa Navakantha Rao from India has been mentioned as CEO/admin of the company. If we believe he is the real owner, then also his background is not so good because we have found he was promoting many Ponzi Schemes as well as other illegal cash gifting schemes like Zarfund and so on. We think after promoting other cash gifting and Ponzi schemes, may be he has come up with an idea that the owner of such company will earn more money on those kinds of schemes than the members due to which may be he open his own cash gifting business known as BTChamp. So, this makes it clear that the owner of company doesn’t care any other thing than making money for himself, otherwise after involving with bunch of Ponzi schemes, we are sure that he knows these businesses are not legal and sustainable. So, after knowing that fact if someone can risk to open such kind of business, then we don’t think we need to say any more things on that, right?
Why don’t we recommend BTChamp?
Aforementioned, it is clear that BTChamp is an illegal cash gifting scheme which is not legal in many countries and the owner of this company also does not have good background, so we think that is already enough for not recommending this company.
In the past all companies which opened following cash gifting business model have been already collapsed because this kind of business model can’t sustain for long run. The last one who join the system will not have enough people to recruit and he will leave the system due to which the whole system start to backfire and the affiliates within a company start to leave from down to up level. Not only cash gifting scheme, but all businesses which offer commission on membership fee without selling any real products, those can’t be sustain and even those are categorized as a Pyramid Scheme which is another illegal scheme.
If you take a deep look at the BTChamp compensation plan, you will find out there is nothing special than joining the company by paying 0.0005 BTC which will gift to your sponsor and after that you need to recruit 2 referrals and when they pay 0.0005 BTC, you will receive that money, means total 0.001 BTC. After that you need to donate 0.0009 BTC to your second level sponsor, means sponsor of your sponsor and then you need to teach your those 2 referrals to make 2 referrals under them and when they make referrals, then you will have 4 referrals in level 2 downline. Then after that when your each of those second level referrals also pay 0.0009 BTC, you will receive that from each of them, means you will receive 0.0036 BTC in total. Like this you can earn upto 6 level referrals, but for that you need to donate more money first of all by yourself to your different level sponsors, like you need to donate 1.8 BTC to your 6 level upline so that you will be eligible to earn 1.8 BTC from each of your 6 level downlines when they pay 1.8 BTC. If you still want to find out the detailed compensation plan of BTChamp, then you can find that within their website by following this link:- btchamp.com/page/howitworks
So, it is already clear that the BTChamp follow two types of illegal schemes, cash gifting and Pyramid. So, they can have legal issues anytime in the future even if they able to keep on paying. But, most of times, these kinds of sites dry out by themselves and stop paying or completely shutdown their site. So, we don’t recommend this kind of companies.
Aforementioned, it is already clear that BTChamp is an illegal cash gifting scheme plus Pyramid Scheme, so we don’t recommend anyone to work or invest in this company because we only recommend legal businesses which can be sustain for long run, for example you can take a look at our recommended online work companies list by clicking this link:- newsonlineincome.com/legitimate-work-home-businesses/
If you browse our website, you will find out that we have rated Wealthy Affiliate as a No.1 online work company. So, if you take a look at our Wealthy Affiliate review, then you will be more clear what do we mean by legal and sustainable business with proven track record of success. So, we suggest you to take a look at our Wealthy Affiliate review page by clicking this link:- newsonlineincome.com/wealthy-affiliate-review/
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