If you want to find out: Is Airbit Club a scam or a pyramid scheme you are in the right place!
When I learned about AirBit Club, I was curious to learn more about them and see if they are legit and actually worth trying or even investing!
After my research, I found many things that I wanted to share with you and even help you decide if this is for you.
I will do my best and show you everything about this company.
But before we begin, I want to congratulate you on doing your research. In that way, you will evade scams and discover a legit method to earn money online.
AirBit Club Review Summary
Product Name: AirBit Club
Price: $250 up to $1000 + $50 per month
AirBit club is a multi-level marketing (MLM) company that allows people to invest in cryptocurrencies, and also, they have an affiliate system. People tempt to believe that it is a pyramid scheme and even a scam, but this is not exactly the case. It kind of looks like this, but we have to analyze and see more than this. Lastly, I want to inform you that I don’t recommend you to join and probably even avoid this company.
I want to inform you that I’m not affiliated with this company, and my reviews will remain unbiased as always.
It took many hours to research this company and with that said, let’s begin our AirBit Club Review
What is Airbit Club
Airbit appears to be a multi-level marketing company (MLM) that focuses on cryptocurrencies.
The founders of the Airbit Club have a past with similar business models. I can’t say if that’s good or bad at this point but I can say that I’m not a fan of MLM’s.
At this point, we can say that it looks like an MLM because of the compensation plan (as we will see earlier).
So, Airbit club focuses on cryptocurrencies but they also have an affiliate system, and that means that when you invite others to join from your link you will receive a commission.
We will also talk about that later on.
What Airbit clubs want to do in simple terms is to provide investors to make more “money” from Bitcoin.
Lastly, the Airbit Club was founded with a goal to educate people about Bitcoin and Ethereum and give you the best info.
They will give info about its origins, benefits use of a software and marketing licenses and they will teach you how to use them, open a wallet (online about cryptocurrencies) and obviously because of the affiliate marketing to receive a commission when you refer others at their platform
I want to make a comment here and say that I don’t know their training exactly (and how they will show it to you and also what are they going to tell you) but I believe that you can easily find this information free if you search at Google, Youtube etc.
How Airbit Club Works
Based on my research, Airbit Club doesn’t have any form of retail products for sale. However, they have tools to help you trade cryptocurrency.
When you join, what you can basically do is trade cryptocurrencies or even buy them from the marketplace.
This is a strategy called “buy low, sell high,” which it kinda makes sense, and it’s a strategy that all investors are trying to do.
This is what basically everyone wants to do in terms of investing.
It’s not a new strategy for the investors, but it’s a strategy that is working (in my opinion) but it’s no so easy as it sounds.
It’s very hard to predict the market, stay active all day, and looking at a screen while waiting for a drop in the price or an increase.
In my opinion, it will consume a lot of your time while you basically gambling and risking your money.
Don’t get me wrong. I’m not saying that you can’t make money. I’ve seen people make money from similar things.
What I’m saying is that it’s not that easy, and most people fail to do this.
Let’s talk about the compensation plan now.
Airbit Club Compensation Plan
Before I begin with the compensation plan, I want to tell you that it looks like an MLM because of the similar structure that MLM’s have when it comes to the compensation plans.
When you join Airbit Club you will have 5 compensation types as follows.
1) Rewards Bonus
2) Direct Bonus
3) Binary Network Bonus
4) Matrix Matching Bonus
5) Matrix Retirement Plan
At this point, I want to tell you that every commission and basically all payments are in Bitcoins.
As you can see their compensation plan is like a typical MLM structure and you can see more about their compensation plan here.
Their compensation plan looks like a typical MLM (as you can see) and it also includes a ROI scheme.
ROI is when the company rewards you when you leave your cryptocurrency with them and their mining software generates a profit.
Above I showed you what their compensation plan says. Let’s analyze the commissions and the programs a bit because it will be easier for you to understand.
Affiliate Commissions – You earn 20% commission from the people you referred to the platform and invested their money.
Your ROI Commissions – It will pay you 300 times (if I’m not mistaken) from your initial investment, The ugly thing is that it takes almost 300 days before you get paid for that. It depends on the level you joined (see below).
Matrix Commissions – Earn $10 every time one of the 581 million positions are filled.
Binary – With binary, you have to think like a “point system”. You gather points (200) from the right side and 200 from the left, and you will receive a $20 commission payout.
At this point, I want to explain the “level” system here.
First, we have the Executive level, and you will earn 200 points if you join as an executive and the max commission per day is $500.
The next level is Corporate. This membership gives you 400 points, and the commissions are increased to $1000/ per day.
The last level is the Pro level and you will earn 900 points and the commissions you can receive per day is capped at $10.000
Airbit Club Pricing
If you want to be an affiliate of this product monthly membership will cost you $50 plus one of the packages listed down below.
Executive – Will cost you $250 per month
Corporate – Will cost you $500 per month
Pro – Will cost you $1000 per month
The Owners Of AirBit Club
Like I explained at the beginning of this post, the founders have a past with similar business models, and that means that they are familiar with what they do.
The founders of AirBit Club are Renato Rodriquez and Gutemberg dot Santos and they created AirBit Club in 2015.
We maybe know a few things about the owners but I couldn’t find too many things about them.
One thing that I’ve found is that most traffic that AirBit Club has is from South Korea.
GOOD VS BAD
- Although somewhat expensive (when you join), it is not the most expensive out there.
- You have the possibility to make money (very low but still…)
- You have to invest a lot of money.
- Looks like a gambling scheme
- It is not accredited with the BBB.
- False Promises of income
- Looks like a Pyramid/Ponzi scheme
Ugly Truths Revealed
1. It’s Not BBB Accredited!
Ok, for me this is vital. I’m not saying that if a company is not accredited from BBB is a scam or something else.
In fact, there are legit companies out there that are not BBB accredited
What I’m saying is, It’s an important factor for me to see that a company is BBB accredited, and furthermore, that will also mean that I can trust the company.
This is not the only case I’ve seen.
You can read about other products that I’ve found that are not BBB accredited and don’t recommend in general, such as:
2. Cryptocurrency And Investing Might Not Be For You!
I’m not saying that you can’t make money. I want to clarify that everything is not for everyone.
You might fall in the trap of “gambling” your money and realize that your pockets are empty a few months later.
One thing that makes me worry about this is that a company that looks like a pyramid scheme might not be the best way to start investing your hard-earned money in cryptocurrency.
3. No Retail Products To Sell!
You can’t buy a physical or “real” product from AirBit Club.
Let me tell you why this is scary…
FTC doesn’t like pyramid schemes or schemes that their only focus, and the only way to make money is when you recruit others.
FTC sees it as a red flag, and they even closed many companies that their main focus was to recruit others.
What will happen to your money if the FTC decides to do something about AirBit Club?
I’ll let you think about this.
4. They Have Problem(s) With the Philippines And Spain!
The Securities and Exchange Commission (SEC), which basically is the FTC version of the Philippines, created a “public warning” against AirBit Club and also waned people to be careful.
Are You Tired Of Scams?
Is Airbit Club A Pyramid Scheme?
Let me explain to you what a Pyramid Scheme is first.
According to Wikipedia pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others in the scheme, rather than supplying investments or sale of products.
With that said, you can read more here.
Basically, what that means is that a pyramid scheme is when a product focuses on recruiting in order to make money.
Let me also note this:
When a company is an MLM company, it doesn’t mean that it is also a pyramid scheme.
They have a small difference, but it’s not the same.
Now, is the AirBit club a pyramid scheme?
If you read the article, you can create your opinion about this.
I can’t tell you for sure and say that the AirBit club is a pyramid scheme because they might look like one, but on the other side, they also provide you training and tools in order to see the investments you’ve made and learn how to make investments also.
Is AirBit Club A Scam?
Again, I can’t call it directly a scam. Based on my research and the post I’ve written about this company, I can tell you that It’s not something I would recommend you to join.
In fact, I would avoid this company and try to find other ways to make money. (if you are interested, I will show you in the next section How I Make Money online.)
The good thing is that you’ve done your research and you will probably avoid all the scams if you keep researching more and more.
I believe that there are better alternatives to find online and invest in any way you prefer.
Although I want to tell you that when you invest, be sure that you can afford to lose money also.
Let me show you now how I created my own online business.
How I Make Money Online
Let me say a few things about how I started online. Probably like you, I was trying to find a legit way to make money online and maybe increase my income, or even make a full-time income online.
Long story short, I found a program that promised me to make money with a few clicks…yeah, I got scammed.
Then after some research, I found a program that actually showed me how to create my online business (in fact, you reading what I created here…).
They include a step by step training that they always update, weekly webinars, and all the tools you will need.
If you want to create something that you will actually own and make income from me, I will be more than happy to help you along the way!
Before you create the income, I want you to realize that you will have to work hard. It’s your business, after all!
Anyway, I want you to tell me,
If you have any questions or thoughts whether AirBit is a scam or anything else, then please leave them in the comment section.
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