BankCoin provide no information on their website about who owns or runs the business.

The BankCoin website domain (“bankcoin.io”) was privately registered on August 15th, 2017.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

BankCoin Products

BankCoin has no retailable products or services, with affiliates only able to market BankCoin affiliate membership itself.

The BankCoin Compensation Plan

BankCoin affiliates acquire BANK points from BankCoin.

BankCoin sell BANK points to affiliates for 50 cents to $1.20 each.

Once acquired, BANK points can be invested with BankCoin or “lent” back to the company on the promise of a daily ROI.

BANK Point Investment

BankCoin offer affiliates four BANK point investment plans:

105% ROI after 7 days

300% ROI after 15 days

900% ROI after 30 days

1575% ROI after 45 days

BankCoin affiliates must invest at least $50 to participate in the above plans.

Lending ROIs

BankCoin pay affiliates who lend BANK points back to the company a daily variable ROI for a set number of days.

How many days the daily ROI is paid out for is determined by how much a Bank Coin affiliate invests:

$100 to $1000 worth of BANK points = daily ROI plus 0.1% bonus daily ROI for 210 days

$1001 to $5000 worth of BANK points = daily ROI plus 0.25% bonus daily ROI for 150 days

$5010 to $10,000 worth of BANK points = daily ROI plus 0.35% bonus daily ROI for 120 days

$10,001 to $50,000 worth of BANK points = daily ROI plus 0.4% bonus daily ROI for 90 days

$50,001 or more worth of BANK points = daily ROI plus 0.45% bonus daily ROI for 60 days

Referral Commissions

BankCoin pay direct referral commissions down two levels of recruitment (unilevel):

level 1 (personally recruited affiliates) – 5%

level 2 – 2%

Residual referral commissions are paid via a binary compensation structure.

A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):

The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).

Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.

Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.

At the end of each day BankCoin tally up new investment volume on both sides of the binary team.

A percentage of matched volume on both sides of the binary team is paid out as follows:

invest $100 to $1000 and receive a 3% residual binary commission

invest $1001 to $5000 and receive a 5% residual binary commission

invest $5010 to $10,000 and receive a 7% residual binary commission

invest $10,001 to $50,000 and receive an 8% residual binary commission

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🤖 Quick Answer

What is BankCoin and its primary business model?
BankCoin is a cryptocurrency-based platform offering BANK points to affiliates for investment purposes. The company operates through a lending model where participants purchase BANK points at 50 cents to $1.20 each and subsequently invest or lend them back to BankCoin in exchange for promised daily returns on investment.

What transparency issues does BankCoin present?
BankCoin provides minimal information regarding ownership and management on its website. The domain bankcoin.io was privately registered in August 2017, obscuring registrant details. This lack of transparency regarding operational control raises concerns for potential investors considering participation.

What products or services does BankCoin offer?
BankCoin offers no tangible retailable products or services beyond affiliate membership itself. Affiliates can only market BankCoin membership to others, relying exclusively on

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