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!
In a decentralized world, nobody owns anything. It’s a group of people that owns and controls the system. Like Internet nobody owns it. Bitcoin is a decentralized digital currency. Airbit Club is a decentralized trading platform that trades bitcoin and other top 10 cryptocurrencies in the world.
From Centralized to Decentralized system. I love Airbit Club.
AirbitClub is the most trusted and genuine Club who trades cryptocurrency.All the rest are fake…..Read again, all the rest are FAKE……Why?I got my millions because of Airbitclub.
Airbit Club is really a SCAM! Meaning…Sure Compensation for Aspiring Millionaires! Operational and existing in more than 150 Countries! It’s a SCAM! Many people changed their life in a matter of 6 months to 1 year! Then it’s a SCAM! Watch bit.ly/nagbagoangbuhay (people who changed lives!) It’s a SCAM!!! Sure Compensation for Aspiring Millionaires!!! Let’s do the SCAM!!! Join us!
Aspiring Millionaires, Airbit only pays out $500 per week. Expect to see $250 in your bitcoin wallet after all fees are taken into account. So you have $1 million in your bitcoin wallet. How long will that take for them to payout. It takes 12 months just to pull out $12,000. Of which you will only see $6,000 of that after fees.
Below is a list of the price Airbit sold me my bitcoin to cash out of the system. Look up the price of bitcoin on those days:
2018-07-22 BTC 13,899.20
2018-07-01 BTC 11,631.78
2018-06-16 BTC 10,299.13
Another form of black propaganda and unethical practice of another company trying to pull down the other! A Crab mentality of it’s finest! It’s so obvious that they are writing about bad things about Airbit Club and promoting their Binance!!! What an idiot! Is the writer of this blog a former member? Definitely NOT! He does not know what he’s talking about! The reason why they are writing this pathetic move is because they are seeing that Airbit Club are bearing more fruits than them. if you do not beat us, join us!
The moderator will not approved this I think because you will only accept what is in favor of your black propaganda!!!
AirBit Club change my life dramatically. Its not a Ponzi Scheme. A year ago im financially broke but because of this club it helps me a lot. I never force to be a member of this club. It is my personal decision to be part of this club considering of the risk. But the risk i taken is very worth it. The club help me to pay all my debt through the earning i get which never fails me. For blog is a personal opinion of someone discrediting one person/entity and promoting some new which for me is unethical. If you want to be part of the club or not its ur decision and no one force you. Im very proud affiliates of AirBit Club. Once again AirBit Club is NOT A PONZI SCHEME…
Every Investment that promise you more than 12% per yr & sounds too good to be true, the fact that you don’t have to do anything IS A SCAM.
If it is that easy to get rich, then we don’t have to spend our time to work.
Some Airbit members tried to recruit me a few days ago. The presentation was highly focused on earnings. They showed pictures of famous people who joined or were sponsored by Airbit.
However, I was interessed in the business model and the origin of the company. To this, had very little information. I asked them if they could give me more information about the company. I have yet to receieve any. They did not even know the owners of the company.
What made me very sceptical about Airbit is payout is best between it’s own members. In other words, Airbit does not have it’s own exchange system. It is based on membership trust and reliance.
I am a avid trader. I trade online through my bank and other digital platforms. In today’s digital age, it is so easy to fake money, because it is only numbers. Companies can just create a digital platform where the earnings look real but it is valueless because the company itself cannot back it’s digital currency it claims it has. When Airbit then says that it is the members who pay out other members in real cash – this is a major big red flag. The platform will feel real becuase the interactions are human based between members. However, such model where the company is distant from the service they provide, it is a highly unusual practice. When the website do not list the company’s leadership and important names, we should ask why? No serious company will do that. Only those who has something to hide.
I am sure, the members and recruiters may have good intentions, but unfortunately, from just reading and hearing their own presentation, I lean towards the author’s conclusion. It is at best a bad business model, at worst a scam.
SEC registration is not a guarantee that a company is not a scam. And if its not register at SEC it does not mean it is a scam. There are so many registered company at SEC but practiced scam. Chect the record of SEC to find the truth. I have 3 accounts with airbit club and its functioning as they promised. Get an account first before you make a review. One thing more is that you must understand that when you request a payout there is always payment deduction. The author of the review has no money thats why he keep on reviewing and complaining without any deposit with airbit club.
PARA QUE CADA QUIEN SAQUE SUS CONCLUSIONES HABLEMOS LA VERDAD Y LOS NUMEROS NO ENGANAN 2=2 SON 4 ASI PAGA AIRBITCLUB QUE POR CIERTO EL VERDADERO DUENO DE AIRBIT NO CLUB ES UN WALLET DE PRESTIGIO QUE TIENE VARIOS ANOS EN EL MERCADO QUE COMO SIEMPRE LOS EXPERTOS EN PONZIS SIEMPRE USAN NOMBRES DE COMPANIAS CON REPUTACION PARA QUE LAS GENTES PIENSEN QUE SON ELLOS Y LOS CONFUNDAN
AQUI LES VA Y SAQUEN SUS CONLCUCIONES: INVIERTES $1000 POR UN CONTRATO DE MINERIA QUE ESO FUE LO QUE PROMOVIAN AL PRINCIPIO PERO COMO NUNCA FALTA ALGUIEN QUE LOS QUESTIONA EN ESE TEMA QUE MUCHOS DE LOS FUNDADORES DE UN TIEMPO ACA SE HICIERON EXPERTOS EN BITCOIN Y TODA LA COSA PERO BUENO NO NOS SALGAMOS DEL TEMA AL PRINCIPIO DECIAN MINERIA AHORA DICEN QUE HACEN TRADING Y QUE ES PRIVADO BUENO COMO IVA LA COSA ..
HO OK YA ME ACORDE SORRY INVIERTES $1000 PAR RECIBIR PAGOS DIARIOS POR 300 DIAS VIENDO EL BACKOFFICE DE VARIOS QUE ESTAN AHI ESTAN GANANDO ENTRE $5 A $6 DIARIOS DE LUNES A VIERNES OSEA $100 A $120 AL MES NO ESTA MAL PERO AHORA HABLEMOS DE LOS TRUCOS DE SI FUERA VERDAD ASI COMO LO PLANTEAN PREGUNTATE POR QUE LA MAYORIA DE BROKERS CON LICENCIA NO INVERTIRIAN EN ESTA PLATAFORMA SE HARIAN MILLONARIOS
PERO SIGAMOS $5 X 75 DIAS = $375 DESCUENTALE EL 35% QUE TINES QUE PAGAR DE REGRESO PARA QUE SEGUN TE SIGAN PAGANDO TENDRIAS $244 MAS OTRO TRUCO CUANDO QUIERAS HACER CASHOUT O SACAR TU DINERO A TU PROPIO WALLET TE COBRAN OTRO %8 MAS OSEA TENDRIAS SOLAMENTE $225 CADA 75 DIAS Y TU CONTRATO ES POR 300 DIAS Y TIENES QUE REGRESAR 35% CADA 75 DIAS AL FINAL DE LOS 300 DIAS CUANTO REALMENTE GANASTE
SI ES QUE NO SE COLAPSADO EL SISTEMA POR FALTA DE NUEVOS INCAUTOS Y SE SORPRENDAN QUE EMPIEZAN A INVENTAR PRETEXTOS QUE HACKEARON EL SISTEMA O QUE VAN A COBRAR UNA MENSUALIDAD PARA SEGUN PAGAR RESIDUAL O QUE INVENTAN MAS PAQUTES CAROS PARA MOTIVAR LA AVARICIA Y QUE NO SAQUEN EL DINERO RAPIDO O INVENTAN WALLETS DE AHORRO ETC SOLO POR DAR UN EJEMPLOS DE LAS SENALES DE QUE YA ESTA CAYENDO O INVENTAN OTRA COMPANIA SIMILAR DONDE SEGUN PAGAN MAS PERO DETRAS ESTAN LOS MISMOS FARAONES QUE GANARON DINERO ACOSTA DE LOS ULTIMOS QUE ENTRARON
TU DECIDES Y RECUERDA NADA ES PERFECTO Y TODO TIENE RIESGO PERO YA SABIENDO LA VERDAD NO VENGAS A LLORAR QUE TE ROBARON Y NO ES TOY DEFENDIENDO ESTOY TRATANDO DE SER NEUTRAL Y QUE CADA QUIEN TOME SUS DECISIONES POR QUE TODOS TENEMOS DERECHO A DIVERSIFICARNOS EN DIFRENTES PROGRAMAS DE ALTO MEDIANO Y BAJO RIESGO SOLO MI HUMILDE OPINION SALUDOS
Airbit club es patrocinador de un auto en NASCAR del grupo carso de propiedad del magnate Carlos Slim. Mi pregunta es … Este señor arriesgaría su nombre y su credibilidad en el mundo de los negocios tradicionales por dejar entrar a un patrocinador de dudosa procedencia? Pues creería en mi logica con respeto a todos los presentes que no. ! Que opinan¡…
I am in the process of deciding to join. To those who SAY this is NOT a SCAM…. Has anyone made their investment back NOT INCLUDING WHAT YOU GET PAID FOR HAVING PEOPLE JOIN. Why do i add this? Because I can start a club to invest in burritos today and tell you it cost $1000 to join, that i will pay you 1% each day but then motivate you to go get more people for $1000, I pay you 20% (you smile – feel like you are making money) but you really are not, you just got money from your own efforts, not from AirBit. now they have 80% to keep paying you the 1%. so….my question is HAS ANYONE MADE THEIR MONEY BACK NOT INCLUDING people you have brought in? This is the key to knowing if this is a good company to join.
Yes so far I’ve made 680 withought recruiting anyone. My aunt has made 4k withought recruiting anyone and she’s been in for about 2 months but she started with 7k I only started with 3k I didnt plan on recruiting anyone because I wasn’t sure if it was true or not. But now that I been going and going and seing people winnin and me earning what they told me I would 21 dollars average a day for my 3 accounts it’s made me see its real and can even help people dok the same and bonus will be earning commission and other bonus reward money y not?? If ur intrested email me bsalazarbit@gmail.com I can send pictures of my wallets
I already got my $3,000 back from what I invested in less than a month I went on with 7,000 and to be honest this is the best one so far because you see your money grow faster. They will pay you 15.8% interest for your money so it’s up to you
I am a member of Airbit, the only way you can make your money back in less than one month is through recruiting. At $7 per day that is not possible. I think that all anyone ask is for folks to be truthful. Also, when you request your money out of Airbit, let us know how much is deposited in your account. It is not what you make. It is what you keep.