BitherCash operates in the MLM cryptocurrency niche and appears to be operated out of Dubai.
Heading up BitherCash is Founder and Chairperson, Javed Mujawar.
Prior to launching BitherCash, Mujawar (right) promoted the Global Donation Community and
OneCoin
Ponzi schemes.
At the time of publication Alexa estimate Pakistan makes up just under half of all BitherCash website traffic (49%).
Although recruitment there seems to have since cooled, initially Mujawar was targeting investors in India:
According to his Facebook profile, Mujawar is originally from Pune in the Indian state of Maharashtra.
Read on for a full review of the BitherCash MLM opportunity.
BitherCash Products
BitherCash has no retailable products or services, with affiliates only able to market BitherCash affiliate membership itself.
The BitherCash Compensation Plan
BitherCash affiliates invest in BEC points on the promise of an advertised ROI.
BEC was initially sold to BitherCash investors for 40 cents each. The current internal value of BEC points is 0.98 cents.
BitherCash affiliates invest $100 to $50,000 on the promise of an advertised ROI:
Student – invest $100 and receive 1.5% a month for 10 months
Pilot – invest $500 and receive 2% a month for 9 months
Standard – invest $1000 and receive 3% a month for 8 months
Professional – invest $5000 and receive 4% a month for 7 months
Master – invest $10,000 and receive 5% a month for 6 months
Deluxe – invest $25,000 and receive 7% a month for 6 months
Elite – invest $50,000 and receive 8% a month for 6 months
Note that ROIs are paid in BEC points, which must be then converted to real money via BitherCash’s internal BitherX exchange.
Recruitment Commissions
BitherCash affiliates earn 10% of funds invested by personally recruited affiliates.
Residual Commissions
BitherCash pays residual commissions 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 BitherCash tallies up new investment volume on both sides of the binary team.
Residual commissions are paid out as a percentage of funds invested on the weaker binary side.
How much of a percentage is paid out is determined by how much a BitherCash affiliate has invested:
invest at the Student tier ($100) and receive a 5% residual commission rate
invest at the Pilot to Professional tiers ($500 to $5000) and receive an 8% residual commission rate
invest at the Mas
🤖 Quick Answer
What is BitherCash and who operates it?BitherCash is an MLM cryptocurrency scheme operated from Dubai, headed by founder and chairperson Javed Mujawar. The platform operates in the cryptocurrency niche and has attracted significant traffic from Pakistan and India, with Mujawar previously promoting other schemes including Global Donation Community and OneCoin.
What products does BitherCash offer to affiliates?
BitherCash lacks retailable products or services. Affiliates can only market BitherCash affiliate memberships themselves, relying entirely on recruitment rather than legitimate product sales to generate income.
What is Javed Mujawar's background?
Javed Mujawar, originally from Pune in Maharashtra, India, founded BitherCash after previously promoting Global Donation Community and OneCoin Ponzi schemes. He initially targeted investors in India before expanding recruitment to
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