Welcome to my BitFund4U Review.
One of the questions that we are going to answer for you today is if BitFund4U is a scam or not.
We realize that for many that are just starting out that it can be difficult to know what a company needs to be in compliance with the law in order for it to legal.
This is one of the most fundamental needs for a company to be a long-term business and to grow.
There are of course other factors that we need to take into account which we will go into in the following sections if it applies.
We are going to take the time to research and review the details about the company, the products, and the compensation plan to see if they are in at least in compliance with the law.
We are going to take everything into account and give you our final thoughts on whether it is a company that we would personally recommend.
Also, before you go, make sure to grab one of the money-making bonuses that I’ve included below.
With that said, let’s dig in and see what we can learn about it.
BitFund4U Review – What Is It?
BitFund4U is an MLM opportunity that you can join and earn commissions with through the opportunity that it provides you with.
The business model that the program is set up is in a cryptocurrency compensation plan that offers the ability to earn from multiple levels of team members.
The niche that I would say this program is it would be considered the business opportunity niche.
When taking a look at the company, we like to see who is running the company or who runs it.
Unfortunately, when we were looking around the company website we were unable to locate any information about who owns or runs it.
We took a look at the domain name information and found:
- The domain name “bitfund4u.com” was registered on 3-20-2019
- The domain name was privately registered.
Since the domain name was registered in private, we couldn’t find out who owns it.
We also looked around the internet and in forums and still couldn’t find any additional information.
With that said, let’s move on to the next section.
Another great review: Team National Review – Scam or Legit? Compensation Plan Details
BitFund4U Marketing System
If you are a member of BitFund4U and want to generate more leads and sales to make more money with it, then you need this!
With that said, let’s continue.
What Products Does BitFund4U Offer, If Any?
In this section of the review, we are going to take a look at the products that BitFund4U offers.
When a program offers a business model where you can earn on multiple or many layers of members, then it is essentially modeling the MLM business model.
When a company is running an MLM program, then it is required to offer retail products or services.
Unfortunately, BitFund4U does not offer any retail products or services.
Not even cheap books that only a customer can purchase without having to join as an affiliate member.
So, if you want to gain access to earn money with the opportunity that BitFund4U offers, you will have to join as an affiliate member.
When you join as an affiliate member, you will be able to promote any link to the members of the company on the “Ads” page of the company website and also in the back office of all the members.
That is all the information that we have on the products that BitFund4U offers, let’s continue on to the next section.
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How Does The BitFund4U Compensation Plan Work?
In this section of the review, we are going to take a look at how the compensation plan works, and how you can start making money with the BitFund4U opportunity.
When you want to make money with the opportunity that the company offers, you will need to make an investment.
You will have to send 10 people a total of 0.0005 BTC (bitcoin) to their wallet addresses.
When all 10 payments are received and also confirmed, you will then be sent your affiliate link to start promoting BitFund4U to make money.
Once you are confirmed by all 10 members, you will qualify to earn from the compensation plan and also get your link to start promoting.
The people that you send it to needs to verify you in their back office which you will also have to do once you get sign-ups as well.
The Compensation Plan Breakdown
The way that the commissions are structured to pay you so people will know who to pay works off the MLM Matrix compensation plan.
For those that are not familiar with how the matrix compensation plan works, here is a quick breakdown:
- The Matrix structure has a fixed amount of people per level.
- You can have spillover from upline members recruits.
- You can also fill each position with your personally recruited members.
- BitFund4U offers a 2X8 matrix structure
You will have to have a bitcoin wallet, and if you don’t I would check out my quick tutorial on how to get CoinBase which is a great option with very low fees here.
On your website (https://bitfund4u.com/Username), we will place your address at #8 position.
The #1 position address will be deleted and #2 becomes #1 Position.
Now #3 becomes #2., Similarly #4 becomes #3 and #5 becomes #4 position.
Then, #6 becomes #5., Similarly #7 becomes #6 and #8 becomes #7 position.
Finally, your address will be placed in #8.
The first 2 positions in your matrix are the admin positions.
When your MLM Matrix plan starts growing, you will start filling up your positions and start earning bitcoin.
Here is a breakdown of the payments that you will get on each level of your 2X8 Matrix:
- Level 1 – On this level of your matrix compensation plan you will receive 2 commissions of 0.0005 BTC.
- Level 2 – On this level of your matrix compensation plan you will receive 4 commissions of 0.0005 BTC.
- Level 3 – On this level of your matrix compensation plan you will receive 8 commissions of 0.0005 BTC.
- Level 4 – On this level of your matrix compensation plan you will receive 16 commissions of 0.0005 BTC.
- Level 5 – On this level of your matrix compensation plan you will receive 32 commissions of 0.0005 BTC.
- Level 6 – On this level of your matrix compensation plan you will receive 64 commissions of 0.0005 BTC.
- Level 7 – On this level of your matrix compensation plan you will receive 128 commissions of 0.0005 BTC.
- Level 8 – On this level of your matrix compensation plan you will receive 256 commissions of 0.0005 BTC.
That is really all there is to how the compensation plan works, and how you can make money with the BitFund4U compensation plan.
With that said, let’s move on.
Another great review: MyEcon Review – Scam or Legit Credit Repair? Compensation Plan Breakdown
My BitFund4U Q and A Section
In this section of the review, we are going to answer some of the questions that people may have when thinking about joining the BitFund4U opportunity.
Is BitFund4U Accredited With The BBB?
No, BitFund4U is not accredited with the Better Business Bureau at this time.
There is no indication that the company is looking for accreditation but this does not mean that the company is a scam.
What we have found is that there are a TON of companies that are not accredited with the BBB that are 100% legitimate.
How Much Does It Cost To Join BitFund4U?
The minimum amount to get started with the opportunity that BitFund4U offers will require you to send 0.0005 BTC to the 10 members that the company requires you to send that bitcoin to.
Once those 10 people receive and confirm that they got their BTC payments from you in their back office is when your affiliate link to promote the business will be activated and sent to you.
Now, in the next section, we are going to answer the question that many of you have asked which is…
Is BitFund4U A Scam or Legitimate Opportunity?
In my opinion, I don’t see it really is a scam but there are a few issues that BitFund4U needs to address due to certain government regulations that as of right now leans the company to being a Ponzi Scheme.
This is what we were talking about earlier when it is hard for the new person to determine if a company is legit or not.
The company website itself even states that they are a legitimate program that is not an MLM which is not true.
They are operating under an MLM structure which is a 2X8 matrix which technically an MLM that requires them to offer retail products or some type of service.
Related articles: MLM Reviews, Scams, and Compensation Plans
My Final BitFund4U Review, Thoughts, and Bonus
In my final section of this review, we are going to share our final thoughts about the BitFund4U opportunity as a whole.
We have taken the time to research and review the information about the company, the products, and the compensation plan.
We also tried looking at who owns it but we were not able to locate any information on the owners or who runs it.
We have also shared our thoughts on why there are issues that the company has.
At this point, you should have a great idea about what it is, how it works, what they offer, and how you can make money with it.
What are your thoughts about it so far?
But here is the question…
Would we recommend the BitFund4U opportunity?
You have all the information that you need in order to make an informed decision on whether or not you feel that this company is right for you.
I personally would not join just because they do not offer everything that I need to know when I am thinking about joining a program that I would promote like:
- There is no owner information
- They are not in compliance
- The fact that 10 people need to confirm you manually in order for a person to start. (too many variables for mistakes)
There are too many red flags for me is the bottom line.
With that said, I hope you enjoyed my BitFund4U review.
If you found this review helpful, make sure to click on the social share buttons on this page and share it with others so that people can learn exactly what the BitFund4U opportunity is really all about.
Thank you for your support!