Welcome to my Bitpax.co Review!
This is one of the latest Crypto MLM companies that has caught my eyes, so I decided to take a closer look.
Probably you have been approached by a friend or an affiliate to join Bitpax.co, and you saw on their website that you can earn up to 1.7% Daily returns!
Now that is an interesting daily ROI. I can imagine how anyone can be tempted to join, heck I am even tempted. That is why I have done extensive research and now write this review for anyone interested in joining Bitpax.co.
In this review, I am going to go through the company, products, compensation plan, and much more. By end of this review, you will have all the information you need to make an informed decision.
Pay close attention and make sure you read this till the END.
Table of Contents
What is Bitpax.co
Bitpax.co is a high yield investment platform where they claim they use tons of trading strategies to have an optimum profit. They claim they are making a maximum profit by applying several successfully tested strategies.
Bitpax.co Review Company
You can’t find any information on the Bitpax.co website about who runs or owns the company. So I decided to check their domain registration. Bitpax.co has been privately registered in December 2020, which is not that long ago.
Based on Alexa Rank, most of the traffic coming to Bitpax.co is from Venezuela following by Pakistan and India.
Now, they do provide a UK company house registration number on their website, which obviously I had a look at that too.
Based on their UK registration, BITPAX AI TRADING INCORPORATION LTD operates in the fund management sector and the company has been incorporated fairly recently, in March 2021.
Bitpax.co Products
Bitpax.co does not provide any retail-able product or services that you can sell to a real customer.
All you can do is to become an affiliate and promote their affiliate membership. This means you can also invest in hope of earning that advertised return on investment!
They do claim that their “Investment strategy has been tested on historical data. With this strategy Bitpax index got more than 1400% returns in 2020 in comparison of bitcoin’s return of near about 800%”
Bitpax.co Investment Packages
Currently, Bitpax.co provides 10 investment packages. The packages are as follow:
BASIC $100+$10
- Reg. Fee: $10
- Bonus: 5.00%
- Free Coin: 1050 BPAX
- Binary Bonus: 10.00%
- Direct Bonus: 6.00%
- Daily ROI: 1.00%
Standard $250+$10
- Reg. Fee: $10
- Bonus: 10.00%
- Free Coin: 2750 BPAX
- Binary Bonus: 10.00%
- Direct Bonus: 6.00%
- Daily ROI: 1.10%
GOLD $500+$10
- Reg. Fee: $10
- Bonus: 20.00%
- Free Coin: 6000 BPAX
- Binary Bonus: 10.00%
- Direct Bonus: 6.00%
- Daily ROI: 1.20%
ADVANCE $1000+$10
- Reg. Fee: $10
- Bonus: 30.00%
- Free Coin: 13000 BPAX
- Binary Bonus: 10.00%
- Direct Bonus: 6.00%
- Daily ROI: 1.30%
ULTIMATE $2500+$10
- Reg. Fee: $10
- Bonus: 40.00%
- Free Coin: 35000 BPAX
- Binary Bonus: 10.00%
- Direct Bonus: 6.00%
- Daily ROI: 1.40%
PLATINUM $5000+$10
- Reg. Fee: $10
- Bonus: 50.00%
- Free Coin: 75000 BPAX
- Binary Bonus: 10.00%
- Direct Bonus: 6.00%
- Daily ROI: 1.50%
DIAMOND $10000+$10
- Reg. Fee: $10
- Bonus: 60.00%
- Free Coin: 160000 BPAX
- Binary Bonus: 10.00%
- Direct Bonus: 6.00%
- Daily ROI: 1.60%
RUBY $25000+$10
- Reg. Fee: $10
- Bonus: 70.00%
- Free Coin: 425000 BPAX
- Binary Bonus: 10.00%
- Direct Bonus: 6.00%
- Daily ROI: 1.70%
EMRALD $50000+$10
- Reg. Fee: $10
- Bonus: 80.00%
- Free Coin: 56250 BPAX
- Binary Bonus: 10.00%
- Direct Bonus: 6.00%
- Daily ROI: 1.80%
SAPHIRE $50000+$10
- Reg. Fee: $10
- Bonus: 90.00%
- Free Coin: 118750 BPAX
- Binary Bonus: 10.00%
- Direct Bonus: 6.00%
- Daily ROI: 1.90%
Bitpax.co Review Compensation Plan
All I was able to find in regards to their affiliate compensation was that they pay a 6% commission. So I assume it is a flat one-level commission.
Similar companies I did a review on:
- afinehour.biz review
- Zetbull Review
- Impero Solutions
- Retaone review
- BITSILK Investments Review
- Payrush.io Review
Bitpax.co Scam or Legit?
So is Bitpax.co scam?
Well based on the facts I layout it here, the short answer is YES.
They haven’t been transparent and we don’t know who runs the company.
In addition to that, they don’t show any proof on how they are gonna make those promised return on investments.
Also, the UK registration is mostly unregulated and fairly cheap, which makes it a favourable choice for scammers.
Any company or platform that works in the Financial sector and promises returns on investment, needs to have registration with financial regulators. Especially the financial regulators from the jurisdiction that they operate in. Bitpax.co is not registered with FCA (UK Financial Conduct Authority) or any other regulator.
The only income I can see coming in is the new investors paying of the existing ones. This makes it your typical ponzi scheme.
And we know what happens to ponzi schemes, once the recruitment slows down they start planning their exist scam.
Since we don’t know who is behind the company, there is pretty much no way for you to get your money back!
I can’t recommend this company.
Bitpax.co Review / Recommendation
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Disclaimer
This Bitpax.co Review Article isn’t aimed at defaming Bitpax.co nor is it targeted to promoting them.
This article is strictly for enlightening purposes and an honest guide from my perspective because I strongly believe every brand needs a good
Therefore, you are at liberty to accept or reject this article and act base on your own perspective of the platform. You are encouraged to share your own opinion or views about the platform with me via the comments box below so as to further improve this Bitpax.co review.
I get commissions for purchases made through links in this post.
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