What Is BNB Profit? It’s A Worthless Ponzi Scheme!

BNB Profit is a MLM or multi-level marketing company capitalizing on the cryptocurrency niche. They have no information on who owns the website, or who runs the company. We know that the domain was recently registered last March 2021, but that’s about it. 

The domain name was registered privately, so no name or address is attached to the program. 

On their website, you’ll find a link to a website video called BNB Profit Presentation Zoom with Jose, dated April 2021. 

By 0:53 into the video, the man named Jose tells us his name but we can’t seem to catch his last name. 

Jose then transitions over to another person named Andrew Curto, who he thanks for being invited to the presentation. Fortune Five hosts all of the videos for BNB Profit and has multiple videos featuring Curto. 

Before BNB Profit, Curto was last seen promoting TronCase, which we can only assume to be a Ponzi scheme. 

Curto’s Facebook profile has him situated in Arizona, but that’s about it. If a MLM Company is not transparent about who owns the company, then it’s not to be trusted. 

BNB Profit Product Line

BNB Profit has no retail products or services. They only offer their income opportunity, which you can take part in by investing a minimum amount.

Does The Product Work?

BNB Profit claims that they generate external revenue through what’s called automated layered farming. 

What is it? Well, according to them, it allows you to earn 2.2% every day over the amount applied through their automated farming service. This uses the basis of SWAP (Decentralized trade of crypto-assets) and Yield Farming (application of assets in long term pools). This then ensures success to the “application of their clients”. 

We know what you’re thinking, and it’s confusing.

Technically, you earn 2.2% every day when they “farm” or “trade” your investments. We assume farm to have something to do with mining. If not, then it’s a weird term in the cryptocurrency industry. 

As it stands, the only source of income that we can verify is the investments coming in from new members. These investments are used to pay out the members on the higher tiers. 

They say that your returns are reflected in your backoffice, but it won’t show up until you attempt to withdraw. 

But they won’t really let you withdraw your investments. Like all Ponzis, once the recruitment stops, the money stops coming in too. This will starve the company, which will result in a collapse and founders will try to exit the scheme. 

When we say exit, they’ll take all of the money and come up with a way to prevent you from withdrawing it. They’ll say they have technical issues with their backend, so they’re restricting withdrawals until it’s fixed. But by that time, they’ve already gone.

There’s only one way to make money from BNB Profit and that’s through recruitment. You earn your ROI based on the members you recruit and how you build your team. 

How To Get Started with BNB Profit?

The membership fee will cost you 0.5 BNB ($177.54 converted). BNB stands for Binance Coin, which is a legitimate cryptocurrency. 

If you want to take part in their income opportunity, you need to invest a minimum of 0.25BNB and a maximum of 20BNB. 

Your investments are converted into Bitcoin, Tether, Binance Coin, and Ethereum

BNB Profit Compensation Plan

You invest BTC, BNB, and other cryptocurrencies on the promise of a 2.2% daily return. 

The investment tiers are as follows:

• 0.25 BNB
• 0.5 BNB
• 1 BNB
• 2 BNB
• 4 BNB
• 8 BNB
• 12 BNB
• 20 BNB

Profits are paid out via BNB Tokens. Once you reach 200% ROI, you’ll be allowed to withdraw your earnings. If you want to continue earning, you have to reinvest. 

Residual Commissions

BNB Profit pays out residual commissions via binary compensation structure. This places two positions below you, marked as your left and right leg. 

When you recruit two people, they are placed into these slots and then two slots will be generated from these legs. This gives you a new pair of legs (four new slots) to place your recruits. 

When legs are filled, new positions will be generated. These levels go on infinitely in theory and it looks like BNB Profit does not have a cap for their levels. 

Percentage of funds invested across the weaker binary teams are paid out to the recruiting member. 

Residual commission rates are also determined based on how much the recruiting member invested:

Residual commission rates are determined by how much a BNB Profit affiliate has invested:

• invest 0.1 BNB and receive a 3% residual commission rate
• invest 0.25 BNB and receive a 4% residual commission rate
• invest 0.5 BNB and receive a 5% residual commission rate
• invest 1 BNB and receive a 6% residual commission rate
• invest 2 BNB and receive a 7% residual commission rate
• invest 4 BNB and receive an 8% residual commission rate
• invest 8 BNB and receive a 10% residual commission rate
• invest 12 BNB and receive a 12% residual commission rate
• invest 20 BNB and receive a 15% residual commission rate

#1 Securities Fraud!

BNB Profit is committing securities fraud. They are offering passive income through ROI, but they are not registered to carry out financial transactions on behalf of their clients. Doing a quick search on SEC’s EDGAR database showed no results for BNB Profit. 

#2 Ponzi Scheme!

The only verifiable source of income is through new member recruitment, which is the biggest red flag of them all. There’s no proof that income is generated by what they advertised. 

If recruitment stops, the money stops coming in. 

#3 Jail Time!

You could land some jail time if you made money off of people through BNB Profits. People have gone to jail for promoting Ponzi schemes and committing securities fraud. 

Remember Jordan Belfort, a.k.a. Wolf of Wall Street? He went to jail for securities fraud for 8 years. 

Promoting a Ponzi scheme is a good couple of years’ worth of prison time.

There’s nothing to like about BNB Profit. 

BNB Profit is a Ponzi scheme as far as we’re concerned. There’s no proof that they’re a legitimate income opportunity and there’s no proof that they’re generating income through what they claim.

Participating in a Ponzi scheme and committing securities fraud are serious crimes which will land you some time in jail if you made money off of people. 

Stay away from this program.

I'm not a fan of MLM, not because it's illegal or not profitable, but because of all the restrictions and the expensive costs involved.

Instead, Affiliate Marketing is my top recommended business model for anyone to make money online.

The reason is simple...

• You don't have to recruit anyone to make money
• You have the freedom to promote any products you want and not being restricted to only promote the products from one MLM company
• It's Free to get started

In fact, with affiliate marketing...