BankCoin Review – Legit Trading Bot with ICO Lending or Scam?
Welcome to my BankCoin Review!
There has been some buzz about this company, so I decided to check it out for myself.
Chances are you landed on this review because someone approached you about this business opportunity and you want to make sure it’s legit right?
Good news is I am going to walk you through the company, products and compensation plan so you can make the right decision.
BankCoin Review – The Company
When I checked out the BankCoin website, I noticed there was nothing about who runs or owns the company.
I investigated the website domain “bankcoin.io” and found out it was privately registered on August 15th, 2017.
That’s all the info out there sorry everyone…
Reminds me kind of like PagareX.
BankCoin Reviews – The Products
BankCoin doesn’t have retail products or services, but you can become an affiliate and promote their membership.
In addition, you can invest in their BANK points…
BankCoin Compensation Plan
When you get started with BankCoin, you can get BANK points from them.
BankCoin Sells these BANK points for 50 cents to $1.20 each.
These BANK Points are lent back to BankCoin on a promise they will give you an ROI.
BANK Point Investment
BankCoin has four BANK point investment plans to choose from:
- 105% ROI after 7 days
- 300% ROI after 15 days
- 900% ROI after 30 days
- 1575% ROI after 45 days
You must put in at least $50 to be part of this…
Lending ROI Payments
When you lend back BANK points back to BankCoin, you can get a ROI on them daily.
The number of days you get a ROI will depend on how much you invest:
- $100 to $1000 worth of BANK points = Daily ROI plus 0.1% bonus daily ROI for 210 days
- $1001 to $5000 worth of BANK points = Daily ROI plus 0.25% bonus daily ROI for 150 days
- $5010 to $10,000 worth of BANK points = Daily ROI plus 0.35% bonus daily ROI for 120 days
- $10,001 to $50,000 worth of BANK points = Daily ROI plus 0.4% bonus daily ROI for 90 days
- $50,001 or more worth of BANK points = Daily ROI plus 0.45% bonus daily ROI for 60 days
When you first sponsor new member int he business, you are paid out through a two level unilevel compensation plan:
- Level 1 (Personally sponsored members) – 5%
- Level 2 – 2%
All residual commission are paid through a binary compensation plan.
Binary compensation plan has two legs, left and a right.
End of each day BankCoin adds up all the new investment volume on both legs and pays you the following on the lesser leg:
- Invest $100 to $1000 and receive a 3% residual binary commission
- Invest $1001 to $5000 and receive a 5% residual binary commission
- Invest $5010 to $10,000 and receive a 7% residual binary commission
- Invest $10,001 to $50,000 and receive an 8% residual binary commission
- Invest $50,001 or more and receive a 10% residual binary commission
Lending ROI Sponsoring Commissions
This commission is paid only one level (personally sponsored members only).
The commission rate you get will depend on what your personally sponsored member invested:
- Invest $100 to $1000 and receive a 5% lending ROI referral commission
- Invest $1001 to $5000 and receive a 6% lending ROI referral commission
- Invest $5010 to $10,000 and receive a 7% lending ROI referral commission
- Invest $10,001 to $50,000 and receive an 8% lending ROI referral commission
- Invest $50,001 or more and receive a 9% lending ROI referral commission
Cost To Join BankCoin
The cost to join Bankcoin will be free, but you can only earn commissions in their compensation plan.
If you want ROI’s, you must invest at least $50 into BANK points.
The moment you have been waiting for inside of this BankCoin review…
The problem with BankCoin is they claim their ROI’s are from some kind of AI trading bot…
They don’t show any proof of this…
Plus, let’s take a look at the ROI’s they are claiming for a second.
Their top package can get you 1575% ROI every 45 days which is around 12,775% per year.
If that was the case, WHY would they need ANY investments from affiliates?
They could just get a small loan from the bank and get rich pretty quickly.
The truth is they don’t have any trading bot.
They are taking newly invested funds paying off existing members creating those ROI’s.
The sad reality is one sponsoring slows down, the ROI’s won’t exist and the company will go under.
You wonder why the owner(s) are anonymous… lol.
I do NOT recommend BankCoin at all.
Anyway, I hope you enjoyed my BankCoin review and if you have any questions, please leave them in the comments below…
My personal recommendation (totally optional of course)…
I have been in the network marketing field for a few years and have made well over 7 figure in this industry so I know what to look for when you join a company…
Anyway, after reviewing hundreds of companies and systems out there…
It’s the only system out there where you will learn step by step on how to build a business online with the right training’s, tools and the right mentorship
Don’t believe me?
Take a look at my recent results…
Better yet, take a look at my team members results:
You will thank me later 🙂
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See you at the top,
P.S. If you want to learn how I made 7 figures in the last 12 months, watch this video.