Beep XCoin is a crypto company that makes some very tall claims. BeepXCoin.com even goes on to declare itself to be the best crypto coin in the world, which is obviously not true. Since the company is claiming to be a leading name in the crypto industry, it is important to review it in great detail to determine if you should invest in it or not.
Beep Xcoin is cryptocurrency mining launched by Beep Xtra. Beep Xtra is a loyalty program. It was launched in 2013 as an e-commerce platform focused on building strong customer relationships with local, regional, and international stores. Beep Xtra loads spendable cashback directly on customers’ beep cards.
It is like receiving your cash back from a Beep Xtra store directly in your card, and you can spend that cash elsewhere, i.e., at shopping mall or café that accept Beep Xtra cards. BeepXCoin.com claims that an interesting feature of the company is that local stores could get online global presence free of cost. Moreover, the company is claiming to have excellent transaction speed and access to the crypto market.
However, that was a flop idea. In 2014 Beep Xtra began to offer unregistered securities to its affiliates to revive the business, but unfortunately, that too did not work for long. By 2016 Beep Xtra was on the verge of collapse.
Beep XCoin also has the same business model. It is hiding its true MLM nature by claiming to be a crypto trading and mining platform. It is quite evident that the company is using money from the new affiliates to pay the old members.
The BeepXCoin.com affiliates or retailers pay amounts to get Beep XCoins monthly. The more money they pay, the more coins they get.
👉 ***Want to earn money with Bitcoin and other Cryptocurrencies without the pain and hassle of learning to trade from scratch? Imagine if you could trade and get regular results with profitable performance! Are you tired of the forex and crypto scams, false promises and games out there designed to separate you from your hard-earned funds? If any of that rings true with you, then STOP EVERYTHING. ProfitFarmers is for you! With their software working as your Crypto Co-Pilot, YOU remain as the Pilot with total control over your money, 100% of the time. ProfitFarmers is a trading tool that combines artificial intelligence with the expertise of veteran traders to deliver high-probability trade plans right into your hands. There’s no need to spend hours trying to figure out what to trade! Thanks to their integration with Binance, the biggest cryptocurrency exchange worldwide, ProfitFarmers executes your trades from entry to exit, you just choose the trade signals you like, pick your entry price and then let your Co-pilot take over the rest of the journey. Stay informed about every step of your money-making journey through push-notifications on their mobile app. Now there’s no need to constantly worry about your ongoing trades, just let your Co-Pilot handle it for you! This could easily be the holy grail of trading tools. Forget paying a guru to trade for you and take a massive cut of what you earn. With ProfitFarmers there are absolutely NO COMMISSIONS OR FEES ON YOUR TRADES. 100% of what you earn is 100% yours to keep. Period. Last quarter, ProfitFarmers produced 1,357 trade plans, and more than 60% of them offered peak gains of over +8%. By joining ProfitFarmers, you’ll never be short on money-making opportunities. Still wondering if this is too good to be true? ProfitFarmers has a 100% Money-Back Guarantee if they don’t deliver profitable opportunities onto their platform. If you are ready to upgrade your trading game and instantly expose yourself to profitable trade opportunities, now is the time. Head to ProfitFarmers now to start trading the easier way, with your very own Crypto Co-Pilot.PS: ProfitFarmers is a Trading Tool. Your money ALWAYS remains in your Binance wallet, never on ProfitFarmers. 100% Verified and Recommended by Valforex.com.
Beep XCoin markets the following crypto mining packages
The new affiliates pay an initial $149 as an affiliate fee, and further, they pay $50 every month. The affiliates who brought them will get a commission of both fees. Moreover, investing in Beep Xcoin mining projects costs a minimum amount of $500.
The company is asking for a very large amount of investment. There are very few earning opportunities in BeepXCoin.com that will actually allow you to earn profits. It is a highly suspicious company that can collapse anytime when its recruitment stops. Therefore, you should not rely on this platform to make money. Instead, invest in the crypto mining companies that provide modern services, flexible account plans, and reliable crypto mining infrastructure to earn maximum profits.
The compensation plan of Beep XCoin is a combination of
The affiliates of BeepXCoin.com can earn through recruitment, mining, and residual commission.
BeepXCoin.com is basically a pyramid scheme. Hence, affiliates get a commission for bringing every new member to the company.
Affiliates receive 7% to 20% recruitment commissions at Beep XCoin for recruiting new affiliates. Detailed commission percentages are
Secondly, affiliates of Beep Xcoin also get a commission for mining packages where miners are promised Beep Coins for completing transaction blocks.
When non-affiliates or retailers join BeepXCoin.com for crypto mining, the affiliate who referred them will get a 7% commission.
Within the compensation plan of Beep XCoin, the ten affiliate ranks are:
Beep XCoin pays bonuses to its affiliates who achieve an area sales manager or other ranks within a specified period of time.
There are some worth noticing facts about Beep XCoin that may affect our verdict
In my opinion, you should not invest in BeepXCoin.com. It can turn out to be a total fraud and you might end losing your investment in this company. Therefore, avoid it in the first place. Instead, you should invest in crypto mining companies. The services of these crypto mining companies are much more reliable and efficient that can help you in earning good amount of profits.
Help Us Fight Scams. Please Donate to Support Our Work. No Amount is too Little or too Big. Thank You..
February 8, 2019 By Ghazanfar
The phrase ‘Necessity is the mother of invention’ seems true for Iran. This is because Iran has unveiled its own...
February 8, 2019 By Ghazanfar
In spite of long bear market, Bitcoin transactions per day are increasing. Today the level of these transactions has touched...
February 4, 2019 By Ghazanfar
Although bear market in crypto world is extending, yet many fiat currencies are facing the threat of destabilization. This is...
February 4, 2019 By Ghazanfar
In spite of mix signals from the cryptocurrency world about the future of cryptocurrencies, many countries are planning to test...
February 3, 2019 By Ghazanfar
The idea of Bitcoin adoption as an international currency is not at all new. Over the years, many financial experts...
February 2, 2019 By Ghazanfar
Bitcoin’s entry into the longest ever bear market in history is one of the most burning issues of today. The...
Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.