As you can accurately infer from the title of this review, AirBit Club is more than just a deceptive Ponzi scheme that should be avoided.
Further polluting and tarnishing the legitimacy of the cryptocurrency realm, AirBit Club has left a massive wake of victims throughout Russia and Colombia.
While you begin to maneuver your way through our detailed review, you will accumulate the facts necessary to verify that BitBackOffice.com is an online destination that cannot be trusted.
About AirBit Club
AirBit Club is an expansive crypto related venture that is based upon an affiliate tier. Prospective applicants interested with this program are able to become affiliates through BitBackOffice.com and are able to enroll with 1 of the 3 memberships offered.
According to their site, AirBit Club was founded with the mission of providing “cutting edge technology utilizing innovative tools to ensure that trading potential is maximized and that way increase bitcoin distributions to all affiliates.”
In lenience terms, the alleged goal of this operation is to provide investors with an opportunity to accrue more earnings in Bitcoin.
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Further revealed on the site would be a partial business model, where the only verifiable source of income disclosed would be by those who deposit into their platform to get started with one of their memberships.
As the site claims, “50% of bitcoins will be split among all club members and 50% will be used to increase the power of trading, also to solidify our business relationships with companies dedicated to the growth of technology to trade cryptocurrencies.”
While some reference to the investment of deposited funds are hinted on the site, consumer feedback will reveal the contrary and go on to show that when confronted, AirBit Club refuses to provide transparent evidence in accordance to their statement.
AirBit Club Operational Model
AirBit Club offers affiliates unrewarding investment packages that will fail to accumulate a break even return unless the affiliate succeeds in drawing in new members.
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As previously disclosed, AirBit Club offers 3 membership packages that vary between $250 to $1,000.
While the site displays USD as an accepted currency, it should be noted that only Bitcoin deposits are accepted through their platform.
Executive Plan
Renewal Fees: 1 renewal fee
Minimum Deposit: $250 in BTC
Supported Volume: 200 level
Duration of Membership: 2 cycles of 75 business days
Corporate Plan
Renewal Fees: 2 renewal fees
Minimum Deposit: $500
Supported Volume: 400 level
Duration of Membership: 3 cycles of 75 business days
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Pro Plan
Renewal Fees: 3 renewal fees
Minimum Deposit: $1,000
Supported Volume: 900 level
Duration of Membership: 4 cycles of 75 business days
According to the AirBit Club compensation plan, affiliates can expect to receive a daily return ranging between 0.2% to 1.2% on their deposited funds.
As many of you probably guessed, these daily returns aren’t near enough to achieve a break even with initial deposits which is why affiliates are highly encouraged to obtain new sources of traffic to earn commission.
While AirBit Club claims to employ a “Matrix-based” commission tier, it is essentially a pyramid scheme when broken down.
The investment package an affiliate gets started with will dictate the number of levels supported through the AirBit Club commission tier. The executive plan supports up to 3 levels, corporate up to 7 levels while the pro package supports all 18 matrix levels.
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Affiliates should also be made aware that renewal fees are charged between each duration cycle, these renewal fees equate to a value of 35% of the cumulative ROI paid out during each cycle.
Affiliates are also offered the option to opt in a Retirement Plan that is featured through their platform. While not much information is disclosed regarding the Retirement Plan until you become an active member, it is known that an additional fee between $150 to $300 will be required.
As with all pyramid schemes, we never advise any investor to enroll due to the unstable and growingly unsustainable operational model required for the model not to collapse.
Who is Behind BitBackoffice.com?
As with most untrustworthy Ponzi schemes, AirBit Club fails to provide any ownership information. Not only do they fail to disclose any identifiable or corporate entity but they are explicitly vague about their operational model.
Furthermore, a WHOIS search will go on to show that BitBackOffice.com was privately registered which makes it impossible for us to track down their creators.
One outdated review that went on the record against AirBit Club had disclosed that Mr. Gutemberg and Renato Rodriquez were the co-founders behind this scheme. Whether or not these two entities are truly responsible for BitBackOffice.com we are uncertain due to the lack of information on their site now.
Question Marks and Red Flags
BitBackOffice.com is a nest egg of question marks and red flags.
Taking half of the deposit value of new members and disbursing them to previously established members is a text-book example of a Ponzi scheme.
Regarding the other 50% that is allegedly invested and used to smooth over connections with other technologic crypto companies we are quite uncertain, in fact, due to the lack of transparency we assume that the creators behind this site are keeping those deposits for themselves.
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While the AirBit Club binary matrix compensation plan sounds great and all, it is the living and breathing embodiment of a pyramid scheme.
In addition, there is no relevant information regarding the creators, operators or corporate entity responsible for BitBackOffice.com which makes this operation completely anonymous.
All of these exhibited characteristics are definite red flags in the investment world.
Can BitBackOffice.com be Trusted?
Absolutely not.
BitBackOffice.com fails to disclose any information of significance on their site. The creators behind this site make it as vague and misleading as possible in the hopes of deceiving prospective investors (affiliates) of out of their money.
To learn more about the deceitful tactics employed by the AirBit Club scam, read some of the recent comments which can easily be found online by entering “airbit club reviews” or “bitbackoffice scam” in any search engine.
AirBit Club Review Conclusion
AirBit Club is a viral pyramid and Ponzi scheme hybrid.
While recent community feedback indicates that the site is still paying affiliates, most consumer feedback suggests some form of financial discrepancy with BitBackOffice.com.
Operating with total anonymity, we advise potential affiliates to avoid this investment scheme while it continues to grow unstable with their unsustainable pyramid scheme model.
Review Verdict: AirBit Club is a SCAM!
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Blacklisted Site: BitBackOffice.com
Do you have personal experience with AirBit Club? Share your story with us by leaving a comment below!
wer happy about airbit club were Praying for it not just what you think
Airbit Club is the best, it’s make me rich even though im not promoting or referring, it is just an optional if you want to.
The problem with these suckers is the mentality that if they earn then it’s not a scam. Oh come on people, the fact that you earn 100% big time and no loss is a red flag already, too good to be true. And here is another vague thing about it, it says in their terms and condition(bitbackoffice.com/terms) that Airbit is not an investment but they call it one. Who’s lying now? Aribit or you? And LOL thing about it is that the T&C are written in plain English.
A question for you. Have you join Airbit Club? If you haven’t, how are you qualified to labeled it as a scam? I joined it since last December and so far It has paid all that it committed. That is much more that I can say about a lot of businesses out there that claim to be legit.
lol if we had to try every scam we review, we would already be broke. People also claimed that we were wrong about USI Tech and Bitconnect… We know what we’re saying, trust me.
Airbit club is not a ponzi scheme. I have been with them now 18 months and it’s the best thing that has happened to me. I recommend it.
Your statement is a fallacy (ad-hominem). Let me show how it works:
Have you ever put your hands on fire? How come you think you are qualified to say fire burns?
Have you ever jumped from a building? How come you think you are qualified to say jumping from a building is dangerous?
Lloyd
In the first beginning i was afraid to join aibit club. It takes almost 1yr b4 i desided to join. Coz im afraid if im one of the scam victims. But i desided to join. i already enjoying the benefits now there are pay good amount and my money will already back, that i invested them.. Thank u
Here’s one of the major holes in their sales pitch…. In one of their videos they state that they trade within bitcoin to make money (50% of your money goes into this to maximize gains) they say something along the lines of if we invest $1000 on a trade and make $1009 the same trade with 50 bitcoins would make $9000, and the use group funding to attain these greater gains! That might be true in theory but it doesn’t change the ROI from an investor perspective…. example if I make $9 with $1000 then 9 friends give me $1000 i’d make $90 on that same trade right? but then I’d owe $81 to each of my friends leaving me with……$9. The only way you can do what they’re claiming is if you were trading on margin utilizing leverage. Guys there actual pitch is bullshit to anyone who understands finance, just be careful please.
Thanks for the article. People need to know about this scam. It’s the same exact business model as Bitconnect and USI tech. The reason you dont know who owns this business is so they don’t get thrown in prison for the company inevitably getting shut down. They give cryptocurrency a bad name. They need to be stopped.
So may i know how much u lose in airbit.
Im happy with my earnings with Airbit Club..,
How much you invested? Did u get exe, corp, or Pro? How much your income a day…..
It’s 7.01$ today now that is a scam ha ha enjoy writing bad about airbit club while I enjoy receiving daily rewards 😜😜😜😜
Please comment on this once you go to withdraw your money. My team thought the same as you. When you only see a $250 loss on your account like the rest of us, you will be crying the blues like the rest of us. The hype is good. I feel for it and though the same way that you did.
AirBit Club works for the third year. Works on the MLM system, and not as the author claims, it’s Ponzi. The author sees only one geometric figure, but does not know how the system works. I’m sorry for the author, he has to live with it.
Airbit Club has paid me on time since we began. I have nothing bad to say about them.
Thanks for the review, I appreciate your effort to gather email leads and drive traffic.
I’m an online marketer too and have used the same strategy you’re using to grow my list as well.
I hope it works out for you.