Bitles provides no information on its website about who owns or runs the company.

A May 2019 UK incorporation certificate is provided, which corresponds to “Bitles Limited”.

UK incorporation is dirt cheap and effectively
unregulated
. It is a favored jurisdiction for scammers looking to incorporate dodgy companies.

Bitles website domain (“bitles.eu”) was privately registered on April 11th, 2019.

At the time of publication Alexa cites Japan (24%), India (11%) and Vietnam (7%) as the top three sources of traffic to Bitles website.

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.

Bitles’ Products

Bitles markets BTL token investment plans as a retail product:

Limited – invest $50 to $500 and receive a daily ROI for 28 days

Base – invest $100 to $700 and receive a daily ROI for 63 days

Medium – invest $150 to $2000 and receive a daily ROI for 98 days

Stable – invest $50 to $5990 and receive a daily ROI for 280 days

Optimal – invest $300 to $3000 and receive a daily ROI for 280 days

Special – invest $5000 to $8000 and receive a daily ROI for 280 days

Premium – invest $10,000 to $18,000 and receive a daily ROI for 280 days

Maximal – invest $20,000 to $30,000 and receive a daily ROI for 280 days

Bitles advertises daily returns ranging from 0.3% to 6%.

Bitles’ Compensation Plan

Bitles pays commissions on BTL token investment by retail customers and personally recruited affiliates.

Bitles Affiliate Ranks

There are fifteen ranks within Bitles’ compensation plan.

Along with their respective qualification criteria, they are as follows:

Coordinator – generate $2000 in binary team investment volume ($1000 in weaker binary team side volume) and receive $50 in accumulated returns

Manager – generate $5000 in binary team investment volume ($2500 in weaker binary team side volume) and receive $100 in accumulated returns

Supervisor – generate $10,000 in binary team investment volume ($5000 in weaker binary team side volume) and receive $250 in accumulated returns

Regional Manager – generate $25,000 in binary team investment volume ($12,500 in weaker binary team side volume), have one Manager on both sides of the binary team and receive $500 in accumulated returns

Country Manager – generate $50,000 in binary team investment volume ($25,000 in weaker binary team side volume), have one Supervisor on both sides of the binary team and receive $1000 in accumulated returns

Director – generate $100,000 in binary team investment volume ($50,000 in weaker binary team side volume), have one Regional Manager on both sides of the binary team and receive $2500 in accumulated returns

Golden Director – generate $250,000 in binary team investment volume ($125,000 in weaker binary team side volume), have one Country Manager on both sides of the binary team and receive $5000 in accumulated returns

Sapphire Director – generate $500,000 in binary team investme

🤖 Quick Answer

What is Bitles and what does it offer?
Bitles is a company incorporated in the UK in May 2019 that markets BTL token investment plans to retail customers. The platform offers investment opportunities ranging from $50, presenting itself as a cryptocurrency-based investment scheme. The company operates through the domain bitles.eu, privately registered in April 2019.

Why is Bitles' UK incorporation significant?
UK incorporation is considered inexpensive and relatively unregulated, making it an attractive jurisdiction for establishing companies with questionable practices. This regulatory environment has historically been favored by operators seeking to operate with minimal oversight or accountability requirements.

What concerns exist regarding Bitles' ownership and management?
Bitles provides no public information about company ownership or management structure on its website. The absence of transparency regarding who operates or owns the company raises significant concerns about accountability and legitimacy, particularly in the cryptocurrency investment sector.

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