Crypto Bit Trade provide no information on their website about who owns or runs the business.
Linked off the Crypto Bit Trade website is the company’s compensation plan however, which names Joe Yagudaev and Ramon Escalera as co-founders of the company.
Ramon Escalera (right) first popped up on BehindMLM’s radar last year, as admin of the
25 Dollar Legacy
pyramid scheme.
After 25 Dollar Legacy collapsed, Escalera returned with
Platinum World Team Build
.
Platinum World Team Build is a Ponzi scheme offering a $166,800 ROI on $100 investments.
Alexa traffic estimates for the Platinum World Team Build website show s sharp decline since June, suggesting it has collapsed or is in the process of collapsing.
As I write this and somewhat curiously, a few hours ago on Facebook Escalera was promoting
Nspire Network
.
Joe Yagudaev (aka. Joseph Yagudaev) launched Elite Profit System about a year ago.
Elite Profit System is a pyramid scheme, through which participants gift each other $500 to $25,000.
Alexa traffic estimates for the Elite Profit System website show little to no interest throughout 2016. In 2017 there was a spark of activity in May but by mid-July Elite Profit System traffic was plummeting again.
The collapse of both Platinum World Team Build and Elite Profit System has likely prompted Escalera and Yagadaev to team up and launch Crypto Bit Trade.
Read on for a full review of the Crypto Bit Trade MLM opportunity.
Crypto Bit Trade Products
Crypto Bit Trade has no retailable products or services, with affiliates only able to market Crypto Bit Trade affiliate membership itself.
Once signed up, Crypto Bit Trade affiliates gain access to CBT Academy.
CBT Academy offers powerful cryptocurrency education training products and services.
Education at CryptoCurrency is where you can learn anything and everything that has to do with cryptocurrencies.
From the basics to the latest information.
We’ve searched far and wide to bring you the best publicly available educational content on digital currencies, sorted by subject and level.
The Crypto Bit Trade Compensation Plan
Crypto Bit Trade affiliates invest 0.1 to 16 bitcoin on the promise of a 200% ROI, paid out at a rate of 1% a day.
Residual commissions on downline invested funds are paid out 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 that there is no limit to how deep a binary team can grow.
Crypto Bit Trade track new investment volume on both sid
🤖 Quick Answer
Who are the founders of Crypto Bit Trade?Joe Yagudaev and Ramon Escalera are listed as co-founders in the company's compensation plan, though this information is not disclosed on the official website.
What is Ramon Escalera's history in the cryptocurrency industry?
Ramon Escalera previously administered 25 Dollar Legacy, a pyramid scheme that collapsed. He subsequently launched Platinum World Team Build, a Ponzi scheme offering $166,800 ROI on $100 investments, which showed traffic decline since June.
What does Crypto Bit Trade claim to offer?
Crypto Bit Trade promotes itself as a Bitcoin doubler platform offering 1% daily return on investment to users and participants in its program.
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