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Global Credits Network Review – Scam? Compensation Plan Breakdown

If you are looking for a great Global Credits Network review, then you are in the right place.

I’ve been reviewing several “make money from home” opportunities over the years and I wanted to take a closer look at how GCN works and if it’s worth it to join.

I’m going to take the time to review the information about the company, the products, the compensation plan, how GCN works and then give my final thoughts on whether I feel it is a scam or not in the last section of my article.

Global Credits Network Review

I was actually actively promoting Sports Trading BTC which was the previous name of the company, so let’s see if the changes that the company has made changed my mind and to see if I still recommend and promote it.

With that said, let’s dig in and see what we can learn about GCN.

What Is Global Credits Network? Review Intro

What Is Global Credits Network Review Intro

Global Credits Network is an MLM company that offers an opportunity to make money by recruiting others and by building a team.

When the company was called Sports Trading BTC before the name change.

They still have the aspect of participating in the profit trading pool from the sporting events that the company bet on and won.

The company has also added some extra bonuses and features along with a couple of qualifications for the longevity of the business model.

You are still able to use the upcoming sporting event “picks” that they have and make your own bets as well if you wanted to.

There is still the MLM side of it where when you sponsor someone, you would make commissions and then when you started building a binary team, you would make more commissions from that too.

Now, one of the main differences is that you will need to sponsor at least one person to participate in the trading pool.

One of the unique aspects of GCN is that they only take Bitcoin to join the company and the company pays out only in Bitcoin.

The company does not hold your money, but there is a minimum amount that you must earn before the company pays you that you can learn about below.

The company also pays daily when you reach your minimum withdrawal amount.

The company now offers a prize auction where you can use the credits that you earn to participate in winning things like TVs, luxury watches, and even nice cars to name just a few things.

Now, let’s learn more about the owner of GCN.

Company Overview

Global Credits Network Company Owner CEO James Ward

Global Credits Network is based out of the British Virgin Islands.

GCN is owned and operated by James Ward which is heading most of the marketing and Alex Gibson as the VP and concept creator.

Ward has over 10 years of experience in building successful businesses online and off.

“Global Credits Network” is the name that Sports Trading BTC was re-branded into in December 2019.

The company launched on October 1st, 2019.

That is all of the information that I have about the company, let’s continue.

One of the things that the company has done is put together multiple and very secure hosting servers to allow them to back up the data.

What this means is if one server happens to go down or gets corrupted for whatever reason, they have several other servers that are in place to back it up when needed which makes the system safe and secure.

Another great review: Abundance Network Review – Get Paid Daily By Sharing A Phone Number!

What Products Does GCN Offer?

Global Credits Network Sporting Event Wins and Losses Chart

The main product that Global Credits Network offers is a service that provides you with “Handicappers” that offers sporting event picks, and they have extensive knowledge and experience in sports and in making sports bets.

The handicappers that the company has in place consider athletes and team health reports, time of year, short weeks, weather, and even insider scoops when they are making their recommendations to the company.

The handicappers win a lot with what I can see in my back office, but they do have losses too.

The sporting events that the handicappers wager on are held all over the world and include:

  • Professional and Collegiate American Football
  • Basketball
  • Baseball
  • Soccer (Futbol)
  • Hockey
  • Rugby
  • Boxing
  • Mixed Martial Arts
  • and more

The 24 – 7 – 365 nature of international sports allows GCN to wager on the games with the best probability of the outcome we desire.

Regardless of where you’re located in the world, you can log on at any time and to view the GCN sporting event picks we are wagering on.

GCN also allows individuals that are members to be able to take the handicappers “picks” and make individual wagers themselves inside or outside of the program itself which is another great feature.

If you are a big sports fan, then you know there are no dark or “black-out” days of sports, in fact, the holidays are when there are more sporting events held.

With all of the sporting even the handicappers wager on, the company wins more than they lose in my experience being a member of GCN but of course, they lose on wagers as well.

Marketing Material

GCN also offers members with marketing material.

They offer every member at any level with:

  • Replicated Marketing Sites (capture pages and sales page) – To send your prospects to so that they can see the sales presentation
  • Email Follow-Up Templates – To send broadcast out to your email list
  • Social Banners – For social media exposure

Credits

Credits can be used for auction items such as cars, watches, TV’s, Cell Phones, etc.

Credits can be earned when you sponsor new members or can be purchased.

Credits are worth 1/10,000 of 1 BTC.

You will be able to use your credits to earn some of the items that are shown below.

Global Credits Network Auction Items

If you are ready to get started and partner with me on my team, click on the link below.

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How Does The Global Credits Network Compensation Plan Work?

Global Credits Network Compensation Plan Breakdown

This section will cover how you can make money with the Global Credits Network and an overview of their compensation plan.

There are 4 ways that you can make money with GCN which are:

  • Fast Start Bonus
  • Binary Commissions
  • Customer Acquisition Bonus
  • Credit Sales Bonus

All of the bonuses are paid daily.

Fast Start Bonus

Global Credits Network Fast Start Bonus

The fast start bonus applies to your first 30 days that after you join.

You will have to qualify for this bonus by:

  • Joining at the 1 BTC (ST7) package or higher
  • Recruit someone that joins you with the same package that you are on or higher

Once you qualify for this bonus, you will earn on 3 levels.

  • 5% on your level 1
  • 3% on your level 2
  • 2% on your level 3

The fast start bonus pays daily.

What this means is that you could be earning an extra fast start bonus from your team member’s production down 3 levels.

Upgrading Member Fast Start Bonus

Once you start building a team and your downline team members start to upgrade (purchase a bigger level) you will be able to earn an additional 50% fast start from those upgraded members.

The same percentage per the 3 levels applies.

Unilevel Compensation Plan Breakdown

For the fast start bonus, the company uses the unilevel compensation plan structure to track and payout your commissions.

For those that are not familiar with how the unilevel compensation plan structure works, here is a quick breakdown:

  • Level 1 – The first level will only have your personally recruited members in it.
  • Level 2 – The second level will only have team members that your level 1 members personally recruited on it.
  • Level 3 – The third level will only have team members that your level 2 members personally recruited on it.
  • and so on…

Many unilevel comp plans also have generational bonuses, but this does not apply with GCN.

Binary Commissions

Global Credits Network Binary Commissions

The binary commissions are tracked and paid out using the binary compensation plan structure.

For those that are unfamiliar with how the binary works, here is a quick breakdown:

  • Binaries only have 2 legs (left and right)
  • Either leg can be built to unlimited depth
  • Each position that you fill will be on the outside of either leg
  • Either leg can be built with indirect sponsoring also and can build internal legs of either “left or right leg” that will still be considered part of the left or right leg that they are built-in

Qualifications

In order to qualify for binary commissions, you will need to personally recruit and maintain one active person on your left leg and one on your right leg.

Getting Paid from the Binary

Once your binary legs start filling up with members that purchase one of the packages, your volume on each leg increases.

Each leg of your binary compensation plan structure will count for a separate amount of volume.

The leg that has less of the volume amount between your 2 legs is the leg that you will get paid on.

Now, depending on the level that you are currently on (ST1 – ST10) will depend on how much you will get paid.

The company will pay you between 5% (ST1) up to 12% (ST12) daily on your binary volume production from your “weaker” or “pay” leg that has a lesser volume.

The binary commission’s payout daily.

Upgraded Members Bonus

When any of your downline members upgrade to a bigger package level, 50% of the upgrade amount will be counted toward your binary volume on whichever leg they are on.

Customer Aquisition Bonus (CAB)

Global Credits Network Customer Acquisition (CAB) Bonus

This is the daily commissions that you can earn from the companies prior month “winning sports bets” profits that they produced as a whole.

There are also 2 levels of CAB bonuses that you can earn which are:

  • The minimum CAB bonus
  • The maximum CAB bonus

The company does not pay this bonus just for signing up at any level, you will need to qualify for this bonus.

  • In order to qualify for the minimum CAB bonus, you will need to sponsor just 1 person at the ST1 (0.01 BTC)  level.
  • In order to qualify to earn the maximum CAB bonus, you will need to sponsor someone or a multitude of people that equal the amount level that you joined at.

The minimum CAB bonus is 0.25% per day.

The current daily maximum CAB bonus is set for 1.13% per day for the month of November which ends on December 15th.

The maximum daily maximum CAB bonus will be different each month depending on how well they do with the Sporting event the company wins.

This is everything there is on how the Global Credits Network compensation plan works and how you can make money with it, let’s continue to the next section.

Are you ready to get started and join my top GCN team?

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My GCN FAQ Section

This section of my review covers some various questions that people may have when thinking about joining Global Credits Network.

Is GLobal Credits Network BBB Accredited?

Global Credits Network Better Business BureauNo, Global Credits Network is not accredited with the Better Business Bureau at this time.

The main reason that GCN is not accredited because it’s new.

There are a ton of companies that are not accredited that have been running for years that we know are 100% legitimate.

Some get listed, and some don’t, and this is why we look over all of the information to see how the system works and if they have a business model that is in compliance.

Do You Need To Sponsor To Earn Daily?

Yes, you will need to sponsor someone that purchases at least the ST1 level which is 0.01 Bitcoin to earn the minimum daily payout from the CAB Bonus.

What’s The Ideal Cost To Join Global Credits Network?

The ideal level to join would be at the ST3 level for 0.05 BTC to see more profit coming in when you first qualify for the daily commissions.

However, if you want to just test the program out before getting serious, then you can jump in at the first ST1 level for 0.01 BTC.

Like I tell all everyone that I talk to, start at the level that is not going to hurt you financially.

There are 10 levels that you can get started at which I have listed here:

  • ST1 – This level will require a one-time .01 BTC fee to join. (this is about $80 USD as of right now)
  • ST2 – This level will require a one-time .025 BTC fee to join.
  • ST3 – This level will require a one-time .05 BTC fee to join.
  • ST4 – This level will require a one-time .1 BTC fee to join.
  • ST5 – This level will require a one-time .25 BTC fee to join.
  • ST6 – This level will require a one-time .5 BTC fee to join.
  • ST7 – This level will require a one-time 1 BTC fee to join.
  • ST8 – This level will require a one-time 2 BTC fee to join.
  • ST9 – This level will require a one-time 3 BTC fee to join.
  • ST10 – This level will require a one-time 5 BTC fee to join.

The way that you must pay is with Bitcoin.

The way that the company pays out is with Bitcoin.

The company will automatically deposit your funds to your wallet when it reaches .01 and they pay daily.

What’s The Best Way To Make Money With GCN?

After being a member for a couple of months, I would have to say to start at the ST3 level, then I would hurry to recruit at least 1 person at the ST3 level or 3 St1’s or 2 St2’s.

Then, you will want to motivate your members to do the same and teach them to motivate their new team members so they can start making money with Global Credits Network in the best way.

How Does GCN Pay Me?

Once you hit the 0.01 BTC minimum withdrawal amount, it will be automatically deposited into your BTC wallet.

This occurs daily.

Are There Any Fees?

The only transaction fees that are generated are with your BTC wallet.

There are no transaction fees that occur through GCN.

The only “fee” that you will pay with GCN is when you join which is an exact amount for the level that you decide to become a member at.

How Do I Upgrade To Earn More Money With GCN?

Your back office will have a performance meter that will have a counter of 0% to 100%.

Once you reach just under 50%, (which will be the amount of your membership level cost) you will be able to upgrade for half the cost to upgrade to the next level.

If your meter goes “OVER” 50%, then you will have to pay the full amount of the next upgrade level.

Now, if you go over 50%, you can still join at the same level that you are currently on again if you want, which is what some people do to continue to build their downline so that they can earn more.

Here is an image of what your meter looks like:

GCN Progress Bar Meter

Who Can Join Global Credits Network?

Anyone in any part of the world that has access to the Internet and can pay with Bitcoin.

Bitcoin is very easy to obtain nowadays.

You can get BTC by getting a free Bitcoin wallet like Coinbase and connecting your Coinbase account with your bank to deposit the USD amount needed into your Coinbase account.

When you deposit your USD from your bank account to your Coinbase wallet, you can then convert those funds into Bitcoin.

Once those funds are converted, you can then pay your membership fee for the level that you want to join at.

I always deposit about 2.5% – 4% USD extra due to the transaction fees that happen with your Coinbase wallet.

If you need help getting started with getting Bitcoin and how to pay to join with it, let me know and I will help you with a great guide and video tutorial that I can give you.

Is Global Credits Network A Scam?

Is Global Credits Network A Scam or Legit Opportunity

In my opinion, no, Global Credits Network is not a scam.

The company offers a real service with the sports trading picks and you will have to recruit at least 1 person to the program to earn.

Here are some bullet points:

  • They are offering a legitimate service that anyone can do legally in the world.
  • They have a simple but fair compensation plan.
  • You don’t earn from the daily profit pool unless you sponsor 1 person.
  • They are using secure and safe servers that are backed up in different parts of the world.
  • A great management team
  • Sports betting is 100% legal
  • The amount of people that participate in sports betting is HUGE, and it happens all over the world!

I see it as a unique opportunity that can be around for a while.

I don’t think it is the perfect company, but I do feel it is a great way to earn additional money in Bitcoin which is about to go through the roof as far as the price per BTC goes.

This is the ideal time to get started!

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My Final Global Credits Network Thoughts and Recommendation

The final section will cover my thoughts about the GCN company and the opportunity as a whole.

I have taken the time to research, review, and join the company so that I can learn more about how it works, if it’s a scam, and how you can make money with it.

I came to the conclusion that it is not a scam, and it does offer a great way to earn additional income.

At this point in my review, you should have a clear idea about what it is, how it works, and how you can make money with it.

What are your thoughts about it up to this point?

But here is the question…

Do I Recommend Joining GCN?

Yes, I actually do recommend joining Global Credits Network after reviewing all of the facts about it.

If you are ready to get started with a good company that pays well and you can be proud of, partner with me and my team.

I am personally part of the top-earning but more importantly, “supportive” teams in GCN and we are looking for serious people that want to start earning serious income from home.

If that is you, then click on the link below to create your free account and get started today.

If you need help getting started with Bitcoin and how to pay (very easy process), then I can send you a video tutorial on how to do this.

With that said, I hope you enjoyed my Global Credits Network review.

If you found my review helpful, make sure to click on the social share buttons on this page to share it with others so that people can learn what exactly GCN is really all about.

Thank you for your support!

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