Bitcoin Step provide no information on their website about who owns or runs the business.
The Bitcoin Step website domain (“bitcoinstep.com”) was privately registered on August 21st, 2016.
There’s a good possibility Bitcoin Step is being operated by a Russian admin. This is supported by
Russian used in the Bitcoin Step website source-code
Russian testimonials featured on the site
the Bitcoin Step website being hosted in Russia
Russian being the second offered language after the default English
Russia is the second largest source of traffic to the Bitcoin Step website (after Germany)
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.
The Bitcoin Step Product Line
Bitcoin Step has no retailable products or services, with affiliates only able to market Bitcoin Step affiliate membership itself.
Participation in the Bitcoin Step income opportunity as an affiliate provides access to “business development tools”.
The Bitcoin Step Compensation Plan
Bitcoin Step appears to be a basic matrix cycler, however the official presentation of the plan is pretty confusing.
I’ve done my best to make sense of what’s presented on the Bitcoin Step website below.
Matrix sizes used in the Bitcoin Step website include 2×3 and 2×4.
A 2×3 matrix places a Bitcoin Step affiliate at the top of a matrix, with two positions directly under them:
These two positions form the first level of the matrix. The second level of the matrix is generated by splitting each of these two positions into another two positions each (4 positions).
The third level of the matrix is generated in the same manner and houses 8 positions (14 in total).
A 2×4 matrix adds an additional fourth level to the matrix (16 positions), for a total of 30 positions.
A Bitcoin Step affiliate signs up and purchases a position in the first tier of the cycler (2×4 matrix).
Commissions are paid when a matrix is filled, which also pushes the affiliates position into the next cycler tier as follows:
Matrix 1 (2×4 matrix, positions cost 0.05 BTC) – 0.25 BTC commission, creates a new Matrix 1 position and cycles into Matrix 2
Matrix 2 (2×3 matrix) – 0.5 BTC commission, creates a new Matrix 2 position and cycles into Matrix 3
Matrix 3 (2×3 matrix) – 7 BTC commission, creates a new Matrix 3 position and cycles into Matrix 4
Matrix 4 (2×4 matrix) – 82.75 BTC commission and creates a new Matrix 4 position
There also appears to be recruitment commissions paid out. These commissions are attached to an additional fee charged to unlock access to each matrix level (presumably you can’t earn on each level unless the fee is paid).
Certificate 1 (0.01 BTC) – unlocks Matrix 1, no commission
Certificate 2 (0.1 BTC) – unlocks Matrix 2, 0.1 BTC commission paid on 25 recruits
Certificate 3 (0.3 BTC) – unlocks Matrix 3, 0.3 BTC commission paid on 125 recruits
Certificate 4 (2 BTC) – unlocks Matrix 4, 2 BTC commissio
🤖 Quick Answer
Who operates Bitcoin Step and what information is publicly available?Bitcoin Step provides no disclosed information about ownership or management on its website. The domain was privately registered in August 2016. Evidence suggests Russian involvement, including Russian source-code elements, testimonials, Russian hosting infrastructure, and traffic patterns from Russian users.
What indicators suggest Russian connection to Bitcoin Step?
Russian language appears in website source-code, Russian testimonials are featured, the site is hosted in Russia, Russian is offered as secondary language after English, and Russia represents the second-largest traffic source after Germany.
What are the red flags regarding Bitcoin Step's transparency?
The company's lack of public ownership disclosure, private domain registration, and absence of transparent management information represent significant warning signs. Potential investors should exercise considerable caution before joining or providing financial resources.
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