BlixTrade fails to supply possession or govt info on its web site.
BlixTrade’s web site area (“blixtrade.com”), was privately registered on June fifteenth, 2023.
In an try to seem professional, BlixTrade gives incorporation particulars for Blixt Group Restricted.
Blixt Group Restricted was integrated within the UK in March 2020. Given BlixTrade’s web site area was registered lower than a month in the past, Blixt Group Restricted is unlikely to have something to do with BlixTrade.
In BlixTrade’s web site source-code we discover a reference to Yandex:
Though not definitive, this implies BlixTrade is being run by jap Europeans. Usually this implies Russia and/or Ukraine.
As all the time, if an MLM firm is just not overtly upfront about who’s working or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.
BlixTrade’s Merchandise
BlixTrade has no retailable services or products.
Associates are solely capable of market BlixTrade affiliate membership itself.
BlixTrade’s Compensation Plan
BlixTrade associates make investments USD equivalents in cryptocurrency.
That is finished on the promise of marketed passive returns:
- Affiliate Plan – make investments $100 to $900 and obtain 1.8% a day for six days
- Deluxe Plan – make investments $1000 to $50,000 and obtain 2% a day for 7 days
- Blix Commerce Diamond – make investments $51,000 to $9,999,999 and obtain 3% a day for 7 days
- Compound Plan – make investments $50,000 to $9,999,999 and obtain 3.5% a day for 60 days
Referral Commissions
BlixTrade pays an 8% referral fee on cryptocurrency invested by personally recruited associates.
Recruitment Bonus
When a BlixTrade affiliate generates a downline of 30 recruited associates, they obtain a $4000 bonus.
Word that recruited associates will need to have invested to depend in direction of the Recruitment Bonus.
Becoming a member of BlixTrade
BlixTrade affiliate membership is free.
Full participation within the hooked up revenue alternative requires a minimal $100 funding.
BlixTrade solicits funding in bitcoin, ethereum and tether.
BlixTrade Conclusion
BlixTrade is a very lazy MLM crypto Ponzi – even the brand of the corporate isn’t spelt proper.
Photographs on BlixTrade’s web site are poorly photoshopped:
And advertising and marketing copy is stolen from different web sites.
Though incorporation particulars for Blixt Group Restricted are supplied in BlixTrade’s advertising and marketing presentation, on its web site a distinct UK incorporation quantity is supplied:
Sure, it’s a effectively registered firm within the uk with it’s verified Licenced Firm Quantity 5702162.
That quantity doesn’t correspond to any UK registered firm.
As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.
It will starve BlixTrade of ROI income, ultimately prompting a collapse.
The maths behind Ponzi schemes ensures that once they collapse, the vast majority of individuals lose cash.
