Beep XCoin Review - Legit Business Opportunity or Scam? Lets Find out...
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Beep XCoin Review – Legit Business Opportunity or Scam? Lets Find out…

Welcome to my Beep XCoin Review!

There has been some buzz about the company so I decided to investigate what it was all about…

Some say it’s legit while others call it as scam, but I am going to put all the rumors to rest…

In this blog post, I am going to walk you through the company, products and compensation plan so you can make the right decision.

Beep XCoin Review – The Company

Beep Xcoin Review

This company originally started out as Beep Xtra back in 2013 as an eCommerce platform that back ended members into Karatbars International.

Beep Xtra struggled through out 2014 and started to offer members unregistered securities…

This kept the company going until early 2016 when Beep Xtra went under and now they are offering Beep XCoin to keep the company alive.

Beep XCoin Reviews – The Products

Beep XCoin offers cryptocurrency mining services to the marketplace:

  • $500 package (2 year contract)
  • $1199 package (2 year contract)
  • $2299 package (2 year contract)
  • $10,000+ package (negotiable period)

Apparently they mine only established cryptocurrencies and Beep Xcoin.

Note that the more a customer or affiliate pays, the more cryptocurrency and Beep Xcoin they can get each month.

Beep XCoin Compensation Plan

When you become an affiliate, you can get paid to sponsor other people or sell mining packages to customers.

Beep XCoin Ranks

There are 10 ranks in total inside of the Beep XCoin compensation plan and here is the qualifications and information:

  • Marketing Executive – Sign up as a Beep XCoin affiliate and recruit at least one affiliate who invests
  • Area Sales Manager 1 Star – Sponsor at least eight investing affiliates
  • Area Sales Manager 2 Star – Sponsorat least twenty investing affiliates
  • Area Sales Manager 3 Star – Maintain at least one personally recruited Area Sales Manager or higher ranked affiliate
  • Regional Sales Manager 1 Star – Maintain at least two personally recruited Area Sales Managers or higher ranked affiliates
  • Regional Sales Manager 2 Star – Maintain at least three personally recruited Area Sales Managers or higher ranked affiliates
  • Regional Sales Manager 3 Star – Maintain at least four personally recruited Area Sales Managers or higher ranked affiliates
  • National Sales Director – Maintain at least five personally recruited Area Sales Managers or higher ranked affiliates
  • Continental Sales Consultant – Maintain at least ten personally recruited Area Sales Managers or higher ranked affiliates
  • Global Sales Consultant – Maintain at least five personally recruited Continental Sales Consultant or higher ranked affiliates

Recruitment Commissions

You can get paid a direct 7 to 20% recruitment commissions when you sponsor new affiliates in your business.

  • Sponsor 1 to 7 affiliates and receive a 7% commission
  • Sponsor 8 to 19 affiliates and earn 14%
  • Sponsor twenty or more affiliates and earn 20%

You get paid commissions on the initial $149 and the $50 per month Beep Xcoin affiliate fee.

Retail Mining Contract Payout

When you sell a mining contract to a customer, you can earn 7% commission on the package.

Residual Commission Pay Out

You can get paid residual commissions in a 5×7 Matrix compensation plan inside of Beep XCoin.

Basically in a 5×7 matrix, you have 5 spots under you and every affiliate you sponsor and pays 7 levels deep.

The amount of levels you get paid will depend on how many affiliates you have sponsored in your businessL

  • Sponsor two investing affiliates and earn on levels 1 to 3 of the matrix
  • Sponsor four investing affiliates and earn on levels 1 to 4 of the matrix
  • Sponsor eight investing affiliates and earn on all 7 levels of the matrix

Rank Achievement Bonus

If you qualify for Area Sales Manager 1 Star rank or higher withint a specific time frame, you can get the following bonus:

  • Qualify as an Area Sales Manager 1 Star within two months and receive $200
  • Qualify as an Area Sales Manager 2 Star within three months and receive $300
  • Qualify as an Area Sales Manager 3 Star within three months and receive $400
  • Qualify as an Regional Sales Manager 1 Star within five months and receive $500
  • Qualify as an Regional Sales Manager 2 Star within six months and receive $600
  • Qualify as an Regional Sales Manager 3 Star within seven months and receive $750
  • Qualify as an National Sales Director within eight months and receive $1000
  • Qualify as a Continental Sales Consultant within ten months and receive $1250
  • Qualify as a Global Sales Consultant within twelve months and receive $1500

Cost To Join Beep XCoin

The cost to join Beep XCoin is $149 one-time than a $50 per month fee.

Then you can buy one of the mining contracts below:

  • $500 package (2 year contract)
  • $1199 package (2 year contract)
  • $2299 package (2 year contract)
  • $10,000+ package (negotiable period)

Verdict On Beep XCoin

The biggest problem I have is that Beep XCoin isn’t publicly traded in other words, they are useless out side of the company.

They said they also mine established crytocurrency which they are not clear on right now…

Because Beep Xtra pretty much went under and Beep XCoin being their last hope to revive, I personally do not recommend getting started yet…

Let’s see what happens in the next 6 months and if they thrive, I would look into what they are actually mining…

I hope you enjoyed my Beep XCoin review and if you have any questions, leave them in the comments below…

Jesse What Do You Recommend?

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Beep XCoin

-Jesse Singh

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