Bitdax Global claim to be
a Fintech institution registered offshore to provide research, financial partnerships to blockchain start ups and in housed developers in AI Application in trading.
The only reference to a corporate address is in Bitdax Global’s Terms and Conditions.
The UK address provided however belongs to Blue Square Offices, a virtual office provider.
Bitdax Global do provide names and photos of executives on their website, however these are just as vague as the company’s description of itself.
Andrew Savvides and Robert Slattery are cited as founders of Bitdax Global.
Andrew Savvides (right) appears to have a history pushing forex schemes (binary options). With Bitdax Global he’s now focusing on cryptocurrency.
On his Facebook profile Savvides claims he’s living in London, UK.
Robbert Slattery meanwhile is a complete mystery. I was unable to find any external information on him, which I’m flagging as suspicious.
On the marketing front Bitdax Global is primarily targeting Africa.
At the time of publication Alexa cite Ghana (58%) and Nigeria (20%) as the top two sources of traffic to the Bitdax Global website.
Marketing material suggests Andrew Savvides personally attended Bitdax Global recruitment events in Nigeria in late May.
Read on for a full review of the Bitdax Global MLM opportunity.
Bitdax Global Products
Bitdax Global has no retailable products or services, with affiliates only able to market Bitdax Global affiliate membership itself.
The Bitdax Global Compensation Plan
Bitdax Global affiliates invest $50 or more worth of cryptocurrency on the promise of a 5% weekly ROI for 200 days.
ROI payments are made in an internal Bitdax Global token, which affiliates convert to bitcoin or ethereum through an internal exchange.
Bitdax Global affiliates can also auto reinvest their ROI payments to generate more tokens.
Note that ROI withdrawal amounts are limited based on rank (qualification criteria below):
regular affiliate – $50 a day
Bit Bronze Leader – $100 a day
Bit Gold Leader – $200 a day
Bit Diamond – $750 a day
Bitcoin Leader and higher – no limit
Bitdax Affiliate Ranks
There are five affiliate ranks within the Bitdax Global compensation plan.
Along with their respective qualification criteria they are as follows:
Bit Bronze Leader – invest in at least 2000 tokens, personally recruit at least ten affiliates and have a total downline investment of at least 10,000 tokens
Bit Gold Leader – invest in at least 5000 tokens, personally recruit at least twenty affiliates and have a total downline investment of at least 20,000 tokens
Bit Diamond Leader – invest in at least 10,000 tokens, personally recruit at least thirty-five affiliates and have a total downline investment of at least 60,000 tokens
Bitcoin Leader – invest in at least 20,000 tokens, have at least 200,000 bonus tokens and personally recruit at least fifty affiliates
Bit President – invest in at least 100,000 tokens, have at least 1,000,
🤖 Quick Answer
What is Bitdax Global according to available information?Bitdax Global claims to operate as an offshore Fintech institution providing research, financial partnerships to blockchain startups, and in-house developers specializing in AI-based trading applications. However, verification of these claims proves difficult due to vague corporate descriptions and questionable business practices.
What issues exist regarding Bitdax Global's corporate address?
Bitdax Global's only corporate address reference appears in their Terms and Conditions and belongs to Blue Square Offices, a virtual office provider in the UK. This arrangement raises transparency concerns about the company's actual physical presence and legitimacy.
Who are the founders of Bitdax Global?
Andrew Savvides and Robert Slattery are cited as founders of Bitdax Global. While the company displays their names and photos on its website, limited verifiable information exists about these individuals' professional backgrounds
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