Welcome to my BitMonelo Review!
There has been some buzz about this company because it popped out of no where and I decided to take a closer look.
Chances are someone approached you about their passive returns opportunity and you landed here to make sure it’s legit.
The good news is I am going to walk you through the company, products and compensation plan so you can make the right decision to join or not.
Pay close attention and read this to the end…
What is BitMonelo Review
Bitmonelo is an automated trading platform that leverages complex algorithm to buy and sell on the markets faster than a human.
Because it uses complex trading algorithms the company claims there is low risk and high profit.
When I wanted to know more about the leadership team about the company, I noticed there is no information anywhere.
In the “about us” section, they do mention they have a “Pro Management Team”, I would love to know who they are but no information is provided.
The domain “BITMONELO.COM” was privately registered on June 9th, 2021.
In other words, this is a brand new company.
BitMonelo does have a New Zealand Incorporation certificate where they have “Bit Group Limited” listed as the company.
September 21st, 2020 was the date of the incorporation and they have an address listed: 27 Mount St John Avenue, Epsom, Auckland, 1051 , New Zealand.
After checking that out, it looks like it belongs to some house.
Considering the domain was registered on June 9th, 2021, it’s save to say this company is hijacking some other companies incorporation certificate.
BitMonelo apparently had trading services with their auto bot, but I think that is as real is their New Zealand certificate at this point…
BitMonelo Compensation Plan
Bitmonelo has affiliates invest funds into the company in order to get a guaranteed return on investment.
- Basic Plan – invest $25 to $1,499 and receive 7% daily ROI for 45 days
- Popular Plan – invest $1,500 to $2,999 and receive 9% daily ROI for 45 days
- Advance Plan – invest $3,000 to $100,000 and receive 11% daily ROI for 45 days
Bitmonelo has a regular affiliate program that doesn’t pay multiple levels like most crypto MLM’s.
Because of that, this company isn’t technically an MLM company.
- Level 1 – 5% commissions on your personals invested funds
They do use the term “downline” which is a network marketing term and not usually use in an affiliate program.
Cost To Join BitMonelo
BitMonelo is actually free to join, if you want to be part of the investment opportunity, you must drop at least $25.
Unlike all the other Bitmonelo reviews out there I am going to keep it real next, pay close attention to what I am going to say…
Does the Bitmonelo scam exist?
Let’s just look at the facts…
Company doesn’t tell you who is running or owns the business.
The New Zealand incorporation doesn’t belong to them and some other company, in other words, they are hijacking another companies certificate.
Bitmonelo has no proof of trading or this AI trading bot they talk about, but all I do see is new investments paying off existing members.
The company is operating as a ponzi scheme and WILL exit scam in the near future.
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When it comes to crypto, one thing you need is CASHFLOW so you can invest in more legit cryptocurrencies and getting another job isn’t the best way to do that…
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I hope you enjoyed my BitMonelo review and if you have any questions feel free to ask in the comments below…
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