Welcome to our LeaderBit Review.
There has been some buzz about this company so we decided to investigate what it was all about…
Some say it’s a scam while others review are saying legit so what is it?
The good news is we are going to walk you through the company, products and compensation plan so you can make the right decision.
Let’s dig into this LeaderBit review…
No information is there about who runs or owns the business on the website of LeaderBit.
The domain of LeaderBit leaderbit.biz was registered on 17TH July 2017, privately.
On 21st July 2017, LeaderBit Limited was incorporated in the UK.
Corporation House, who offer company formation and virtual office services own the address used to incorporate LeaderBit Limited.
The director of company is marked as Eddy Smith with the same virtual office address.
There is a likelihood that Eddy smith does not exist in real. LeaderBit Limited is just a company that exists in name in the UK.
If an MLM company does not openly reveal the ownership of the company, don’t risk investing your money in them.
Products of LeadrerBit
There are no retail products and services offered by LeaderBit as such. The affiliates of Leader Bit are able to market only the affiliate membership.
The Compensation plan
The affiliates of LeaderBit invest bitcoin in the following offered plans:
- Stable plan: investment of 0.005 to 5 bitcoin to receive 12% ROI daily for 12 days (144%)
- Extended plan: investment of 5.001 to 20 bitcoin to receive 12.5% ROI daily for 12 days (150%)
- Maximum plan: investment of 20 to 200 bitcoin to receive 13% ROI daily for 12 days (156%)
Residual commissions are paid out on funds invested by downline affiliates. They are paid out down 3 levels of recruitment.
- Level 1 (personally recruited affiliates) : 7%
- Level 2: 2%
- Level 3: 1%
To join is free. However, to participate fully in the added income opportunities, you have to invest between 0.005 to 200 bitcoin.
The company does not state the trick behind LeaderBit ROI payouts.
There is no clear source of ROI revenue.
The new affiliate’s investments are the only verifiable source of funds in the company.
Using new affiliate investment to pay the existing affiliates a daily ROI makes LeaderBit scheme a Ponzi scheme.
Anyone who can legally produce a 13% ROI daily will not waste their time asking for investment from random people over the internet.
LeaderBit affiliate investment will eventually stop and the company will not be able to meet its ROI obligations like all ponzi schemes.
The collapse of LeaderBit due to the short maturity period will lead to many affiliates losing their money.
Aaron and Shara What Do You Recommend?
That being said, if you have never marketed online or offline before, finding people could be very difficult for you.
We also think the startup cost of $100-$999 is pretty steep.
We know when we first started trying to make money online, we failed miserably and we had no idea how to recruit.
That is why, we first started out by learning how to become a good marketers.
If you don’t want to be in a business that costs $199-999 to start and requires you to host home parties or call all your friends and family to buy your stuff no worries.
We have the perfect business for you where you don’t have to recruit, you don’t have to own any product and oh did we mention it’s ONLY $1 to start!!!
The main reason for it is you will learn step by step on how to build a profitable business online and they even cover you for products so you don’t have to create anything yourself…
You will also get a one on one business coach to help you every step of the way.
Anyways, we hope you enjoyed the Review. Please comment below if you are part of this company as our readers would love to know how you are doing.
Also, if there are any products or companies out there you want us to review please let us know!
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