Btether provides no information on its website about who owns or runs the company.
Btether’s website is a login gateway to the company’s app, through which its MLM opportunity is run through.
Btether’s website domain (“btether.com”), was privately registered on July 23rd, 2022.
If we look at the source-code of GoodTRX’s website source-code, we find Chinese:
This strongly suggests whoever is behind GoodTRX has ties to China.
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.
Btether’s Products
Btether has no retailable products or services.
Affiliates are only able to market Btether affiliate membership itself.
Btether’s Compensation Plan
Btether affiliates invest tether (USDT). This is done on the promise of advertised returns:
VIP1 – invest 1 to 499 USDT and receive 15% a day
VIP2 – invest 500 to 1999 USDT and receive 16% a day
VIP3 – invest 2000 to 9999 USDT and receive 18% a day
VIP4 – invest 10,000 to 49,999 USDT and receive 22% a day
VIP5 – invest 50,000 to 99,999 USDT and receive 26% a day
VIP6 – invest 100,000 to 999,999 USDT and receive 30% a day
There doesn’t appear to be any limit to Btether’s advertised returns.
Btether pays referral commissions on invested tether down three levels of recruitment (unilevel):
level 1 (personally recruited affiliates) – 15%
level 2 – 8%
level 3 – 5%
Joining Btether
Btether affiliate membership is free.
Full participation in the attached income opportunity requires a 1 to 999,999 USDT investment.
Btether Conclusion
Btether is another app-based task Ponzi scheme from what appears to be Chinese scammers.
Btether’s Ponzi ruse is “cloud mining”. Btether represents “clicking a button” equates to “the purchase of cloud computing power”.
It doesn’t. All Btether is doing is recycling invested funds to pay returns.
Btether is part of a group of “click a button” app Ponzis that have emerged since late 2021.
Including Btether, BehindMLM has thus far documented
thirty-five “click a button” app Ponzis
. Most of them last a few weeks to a few months before collapsing.
The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.
🤖 Quick Answer
What is Btether and how does it operate?Btether is a cryptocurrency-based MLM platform that functions as a login gateway app. Affiliates invest in Tether (USDT) cryptocurrency through the application. The company operates without transparent ownership information, with its domain privately registered in July 2022. Analysis suggests connections to China through website source code.
What products does Btether offer to its affiliates?
Btether lacks retailable products or services. Affiliates exclusively market Btether membership itself to recruit new participants, creating a structure dependent on continuous enrollment rather than tangible product sales.
What are the red flags associated with Btether?
The company conceals ownership details, maintains anonymous registration, shows Chinese language coding evidence, offers no legitimate retail products, and requires investment in cryptocurrency. These characteristics align with Ponzi scheme indicators where revenue derives from new recruit investments rather than legitimate business operations
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