Thank you for taking the time to read our EZ Bitcoin Matrix Review. Please make sure that you know a lot about this company from the information on our review page. It's very important to be sure about what business you get into.
We both know that money is not something you play with, so take this reading seriously, we want you to do well and make sure a lousy choice doesn't lead to a worse experience.
So, sit back and enjoy the review we've made especially for you and your well-being when we learn, every bit of time is well invested. Let's get on with it!
EZ Bitcoin Matrix Review
No information is provided by EZ Bitcoin Matrix regarding the ownership or who runs the company on their website.
The website domain of EZ Bitcoin Matrix, ezbitcoinmatrix.com, was registered on 4th May, 2017 privately.
If an MLM company is does not openly say who is running or owns the company, it is wiser not to join or invest any money.
Products of EZ Bitcoin Matrix
There are no retail products or services offered by EZ Bitcoin Matrix. The affiliates are only able to market the affiliate membership of EZ Bitcoin Matrix.
Access to ad credits is provided by EZ Bitcoin Matrix affiliate membership. They can be used to display ads on the website of EZ Bitcoin Matrix.
Compensation Plan of EZ Bitcoin Matrix
A 2×5 matrix is used by affiliates of EZ Bitcoin Matrix to gift bitcoin to each other.
An affiliate is put at the top of a matrix by the 2×5 matrix. Two positions are directly placed under them.
The first level of the matrix is formed by these two positions. The second level is created by dividing these first two positions into two more positions each in the matrix.
Levels 3 to 5of the matrix is created in the same manner. Each new level holds twice as many positions as the previous level.
An affiliate of EZ Bitcoin Matrix signs up and gifts 50 cents worth of bitcoin to an existing affiliate.
This can unlock level one of their 2×5 matrix.
Two gifting payments are made by 2 affiliates who are either directly or indirectly employed into the first level of their matrix.
This can unlock levels 2, and the process is repeated.
Gifting payments across all 5 levels of the EZ Bitcoin Matrix 2×5 matrix are shown as under:
- Level 1: gift 50 cents to an existing affiliate to get $1 from 2 subsequently employed affiliates
- Level 2: gift $1 to get $1 from 4 affiliates. Also creates a fresh level 1 position
- Level 3: gift $3 to get $3 from 8 affiliates. Also creates a fresh level 1 position
- Level 4: gift $20 to get $20 from 16 affiliates. Also creates 40 fresh level 1 positions at a rate of 1daily
- Level 5: gift $250 to get $250 from 32 affiliates. Also creates 2000 fresh level 1 positions at a rate of 10 daily
Direct referral commissions are given out too when personally employed affiliates cycle out of levels 3 to 5 of the matrix:
- Level 3: $1 Direct Referral Commission
- Level 4: $10 Direct Referral Commission
- Level 5: $500 Direct Referral Commission
EZ Bitcoin Matrix Membership
It is free to join EZ Bitcoin Matrix. Nevertheless, affiliates must gift at least 50 cents to take part in the attached income opportunity.
To participate fully in the EZ Bitcoin Matrix gifting opportunity, it costs $274.50.
Summing Up
EZ Bitcoin Matrix is nothing more than a bitcoin gifting scam. It heavily favors the anonymous admin running it.
Matrix-based gifting schemes begin with preloaded admin positions so as to enable the admin to get the majority of funds which are deposited in EZ Bitcoin Matrix.
As it can be seen, this is particularly skewed in EZ Bitcoin Matrix, as each admin position creates 2042 fresh positions as each position’s matrix fills.
One position in EZ Bitcoin Matrix needs 13,208 fifty cent gifting payments to fill a matrix.
2042 positions need 27 million fifty cent gifting payments.
Once you factor in the fresh positions the 2042 positions generate as their EZ Bitcoin Matrix matrices fill, it only worsens.
As stated in their website, there are no refunds. All the payments made are final as your matrix position has been already entered in the EZ Bitcoin Matrix system which cannot be reversed.
A few early adopters who are in between the admin positions will receive some money; however mathematics points out the majority of the affiliates of EZ Bitcoin Matrix will lose their investment.
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