BullTrade fails to offer possession or govt data on its web site.
BullTrade’s web site area (“bulltrade.io”), was privately registered on March twentieth, 2023.
Over on BullTrade’s official YouTube channel, we discover 4 advertising movies suggesting whoever is operating BullTrade has ties to India:
Additional supporting that is BullTrade’s “english” advertising video being a robodub. That is typical of non-native English talking admins.
As all the time, if an MLM firm will not be brazenly upfront about who’s operating or owns it, suppose lengthy and exhausting about becoming a member of and/or handing over any cash.
BullTrade’s Merchandise
BullTrade has no retailable services or products.
Associates are solely in a position to market BullTrade affiliate membership itself.
BullTrade’s Compensation Plan
BullTrade associates make investments USD equivalents in cryptocurrency. That is achieved on the promise of marketed returns:
- Each day Plan 1 – make investments $5 to $499 and obtain 0.4% a day
- Weekly Plan 1 – make investments $5 to $499 and obtain 4% per week
- Yearly Plan 1 – make investments $5 to $499 and obtain 400% yearly
- Each day Plan 2 – make investments $500 to $4999 and obtain 0.5% a day
- Weekly Plan 2 – make investments $500 to $4999 and obtain 5% per week
- Yearly Plan 2 – make investments $500 to $4999 and obtain 500% yearly
- Each day Plan 3 – invst $5000 to $100,000 and obtain 0.6% a day
- Weekly Plan 3 – make investments $5000 to $100,000 and obtain 6% per week
- Yearly Plan 3 – make investments $5000 to $100,000 and obtain 600% yearly
BullTrade pays referral commissions on invested funds through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel crew, with each personally recruited affiliate positioned immediately beneath them (stage 1):
If any stage 1 associates recruit new associates, they’re positioned on stage 2 of the unique affiliate’s unilevel crew.
If any stage 2 associates recruit new associates, they’re positioned on stage 3 and so forth and so forth down a theoretical infinite variety of ranges.
BullTrade caps payable unilevel crew ranges at ten.
Referral commissions are paid as a share of cryptocurrency invested throughout these ten ranges as follows:
- stage 1 (personally recruited associates – 5%
- ranges 2 to 10 – 0.5%
Becoming a member of BullTrade
BullTrade affiliate membership is free.
Full participation within the hooked up earnings alternative requires a minimal $5 funding.
BullTrade solicits funding in varied cryptocurrencies.
BullTrade Conclusion
BullTrade represents it generates exterior income through cryptocurrency buying and selling.
At BullTrade, we leverage the ability of Binance remoted positions with as much as 100x leverage to maximise your funding returns.
Our expert merchants meticulously analyze market tendencies and make knowledgeable choices, making certain the absolute best outcomes for our shoppers.
Along with their being no proof offered, BullTrade’s claims fail the Ponzi logic take a look at.
600% yearly involves 1.6% a day with out compounding. Anybody able to legitimately producing that kind of return isn’t offering you entry free of charge.
In addition they aren’t losing their time operating cookie-cutter nameless admin web sites.
Because it stands the one verifiable income coming into BullTrade is new funding. Utilizing new funding to pay associates a each day, weekly or annual return makes BullTrade a Ponzi scheme.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve BullTrade of ROI income, finally prompting a collapse.
The maths behind Ponzi schemes ensures that after they collapse, nearly all of members lose cash.