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BitBox Social is a newly established company that is claiming to provide premium quality advertising products. BitBoxSocial.com describes the company as a crypto-based advertising platform. However, there are many aspects of the company, like its compensation plan, that indicates that it is not linked with the blockchain technology in anyways.
In this article, you will get to know about the legitimacy of this company. Keep reading to determine whether you should invest in this platform or not.
BitBox Social is an online platform that claims to give a reliable space for advertising products to its members. The site is aimed at those who work from home and claims to host only legitimate buyers. It also provides the opportunity to interact with other entrepreneurs and learn from experts in the field. It is also promising to provide the highest quality possible.
One of the many problematic aspects of BitBoxSocial.com is that it is trying to present itself as an experienced and well-established company. However, it was founded in June or July of 2020. It is quite understandable that no new startup can reach the heights of the industry in such a short amount of time.
BitBoxSocial.com claims to provide the following features to its members:
The company is claiming to be based on am efficient loyal system that will provide massive profits to the members. The purpose of such claims is to entice the users in investing in this company and buying its advertising plan.
It is a new company. Hence, it is only logical to assume that the company does not have many customers. It is very hard to believe the fact that the company actually has a reliable system. It is claiming that upon regular usage, the company will reward its users and give them discounts in future campaigns.
One of the most prominent aspects of this BitBox Social is that it keeps making contradictory claims. At one point, it is starting to be a free advertising company. However, it is not true. Only the initial registration part of BitBoxSocial.com is free. You must spend a significant amount of money to participate in any kind of crypto advertising program and income opportunities.
The company promises that the users can generate as many profits as they want because the income at BitBox social is based upon the sales of the advertised products. The company is also providing a variety of other profits in the form of referral commission and bonuses.
BitBox is claiming to be a direct and straightforward site that does not have any bot or scripts to make the viewing experience smooth for its users. Yet, the company does not provide comprehensive information about its source of revenue and overall business structure.
The major benefit of BitBoxSocial.com is the freedom that it gives is their affiliates to work from any place in the world. The company has heavily promoted this feature during the pandemic to attract more users without giving any more information.
The company claims that the affiliate program lets the new members earn up to 20% commission through advertising their services and products. However, the entire advertising program of the company is extremely confusing. At one point, it claims to be a leading crypto-based advertising platform. There is not much information available about BitBoxSocial.com using any sort of crypto technology.
The company claims to uphold that they provide their users with quality advertising experience to a global community. The services provided by the company are supposed to be aimed at entrepreneur that want to advertise their products in a digital social community. The products advertised by BitBox Social are thoroughly developed by professionals.
The company keep mentioning that a lot of experts and industry professional are involved in providing modern services and crypto-based advertising. However, it does not mention any specific name. There is no data about the owner or team of the company. Therefore, you should avoid BitBox Social and invest in genuine platforms like crypto trading bots. Such bots provide reliable and modern services to earn good profits via crypto trading.
BItBox Social works on a referral system where new affiliates refer new consumers to the site and get a commission for it. More referrals mean more compensation. The company does not have limits on the number of users and referral teams.
The company claim to give instant commissions to its affiliates which suggest that it is based on MLM compensation plan. Despite their claims, they fail to provide any reliable information about the promised compensation plan on their site.
BitBox promises to give out Work Bonus to its members. The amount of such bonuses are up to ten dollars. Users can get them by watching sixty ads for seven seconds. If some Work Bonus goes unclaimed, it is distributed among other members labelled as Extra Bonuses.
Loyalty Credits are given to the members that buy Pro Ad Display worth $50, which in turn generates 120-day ROI for the member. However, there is the actual value of such credits because there is no proof that the company is interested in providing any kind of profits.
Overall, the commission plan of the company is not satisfactory as the only customers for buying ads are those BitBox Social affiliates themselves. The red flags that prove that it is a definitive Ponzi scheme are that the company fail to provide any detail of the owner of the company. There is no proof of registration of the company. They fail to provide any concrete information about loyalty credits or any other income calculations or opportunity on their website.
BitBox Social appears to be a Ponzi scheme where affiliates are made to sign up and invest $50 just to earn loyalty Credits. The loyalty credits, in turn, give the members 120 days ROI. For a Pro Login Ad, the company demands $497, which is a large sum considering that they give little information or guarantee of earning the same or more amount from their site.
Furthermore, you also have to consider the fact that there is no data available about the origins of BitBox Social. It does not provide the name of its owner or the location from which it is operating. Similarly, the company keep contradicting its own information. As its name suggests, it is claiming to be operating in the crypto industry. However, there is no proof of such claims.
The only purpose of making some very tall claims is to attract more users and get them to invest in the company. However, all of the companies like BitBox Social are ultimately bound to collapse. With time, its recruitment will start decreasing, which means the company will not have any money to give to the old members. As a result, you will end up losing a significant amount of your money.
Therefore, you should avoid BitBox Social because it is clearly a Ponzi scheme that is making a lot of promises which will not be able to fulfil. Instead of wasting your resources in such companies, you should consider using the crypto trading bots. These bots have reliable working procedures and flexible trading preferences that allow both experts and beginners to earn maximum profits through crypto trading.
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