BNB Stake Review - A 200% ROI Ponzi Scheme Hiding Behind Binance!

BNB Stake Review – A 200% ROI Ponzi Scheme Hiding Behind Binance!

Welcome to my BNB Stake review!

Smart contracts and Binance are part of the cryptocurrency industry, and they’re both legitimate. What’s illegal here is how Ponzi schemes are using them to fuel their MO. 

Smart contracts within Ponzi schemes are not the way that smart contracts are supposed to work. 

Smart contract only removes the middleman between vendor and vendee, and allows transactions to be carried out once conditions are fulfilled by both parties. It’s like escrow, but more secure. 

Today, we’re reviewing a company that’s exploiting both Binance and Smart Contracts called BNB Stake.

First of all, I must Congratulate you for taking your time to do your own research before buying into any "seemingly good" product.

That's the way to avoid scams and find the legitimate way to make money online!

Let me be completely transparent with you, I'm not associated with BNB Stake in any form.

So, rest assured that I'm not here to pitch or sell anything to you.

Instead, I'm here to reveal what this scheme is hiding...

BNB Stake Review Summary

Product Name:  BNB Stake

Founder:  No information

Product Type:  Cryptocurrency investment Ponzi

Price: Not specified  

Best For:  No one

What Is BNB Stake Image Summary

Summary:  BNB Stake is a HYIP (high yield investment program) hiding behind two legitimate concepts of cryptocurrency. They're nothing more than a Ponzi scheme with several red flags, including their compensation plan. 

Rating: 1/100

Recommended: No!

More...

What is BNB Stake?

BNB Stake is the first verified Binance Smart Chain ROI Contract, according to their Telegram Channel. 

BNB Stake Review - Landing Page

BNB Stake Review - Landing Page

In reality, it’s nothing more than an HYIP (High Yield Investment Program) Ponzi scheme that uses the Binance Smart Chain System. 

There’s no information about who owns the company or where they’re operating from. But the domain name was registered back in March 2021, so they’re relatively new. 

It’s quite possible that they’re a rebooted Ponzi scheme that recently shut down.

BNB Stake promises up to 8% Daily ROI with a 3-level deep referral compensation program. 

BNB Stake Product Line

BNB Stake does not offer any retail products or services. Members only take part in the income opportunity within BNB Stake. This is done via investing or recruiting people. 

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I'm Jerry!

I Created My Own 4-Figure Monthly Passive Income at just 21 Years Old!

Does The Product Work?

BNB Stake is another Binance coin Ponzi scheme that’s looking to capitalize on the recent Binance hype. 

You invest in BNB but you don’t get an ROI outright. Your investment is used to pay up the one who invested before you (most likely your recruiter). 

You then hope that people will invest into the program, so you’re going to recruit them to become part of your investment team. 

Their daily profits, according to their website, is 0.5% for new deposits, so it incentivizes people to join. 

There are no retail products or services offered by BNB Stake, so there’s no external income generated outside of member investments to sustain the company. 

Once the recruitment stops, the investments stop coming in too. This will dry up capital for the company and force them to shut down.

How To Make Money with BNB Stake?

There’s only one way to make money from BNB Stake and that’s through recruitment. Your ROI is determined by how many people you recruit into the company. 

How To Get Started with BNB Stake?

BNB Stake offers free membership into the program, but you need to invest in BNB to take part in their income opportunity. 

There’s no mention anywhere on how much the minimum investment is, so there’s that.

BNB Stake Compensation Plan

BNB Stake Review - Investment Plan

BNB Stake Review - Investment Plan

BNB Stake members invest Binance coin on the promise of a daily return according to their investment plans:

  • Plan #1 – receive 8% a day for 14 days (112% ROI)
  • Plan #2 – receive 6.5% a day for 21 days (136% ROI)
  • Plan #3 – receive 5% a day for 28 days (140% ROI)
  • Plan #4 – receive 13.71% a day for 14 days (193% ROI)
  • Plan #5 – receive 13.1% a day for 21 days (275% ROI)
  • Plan #6 – receive 10.42% a day for 28 days (292% ROI)

There’s no mention of the minimum or maximum investment amount, so it’s safe to say you can invest just 1 coin. 

Referral Commissions

BNB Stake pays out referral commissions via a unilevel structure. If you don’t know how this structure works, this is basically how your team is built. 

The structure places you at the top and your direct recruits are placed under you. These are now your level 1 team members. 

When your level 1 team members recruit people, they’re placed under them and become their own level 1 team members and subsequently, these become your level 2 members. 

This goes on infinitely in theory. BNB Stake caps out the structure at three levels, and you earn percentages of the investments made by these levels:

  • level 1 (personally recruited affiliates) – 5%
  • level 2 – 2.5%
  • level 3 – 0.5%

BNB Stake Ugly Truths Revealed!

#1 Ponzi Scheme!

The only source of income is through recruitment, so this makes it a Ponzi scheme. It doesn’t even matter what country they’re operating from. All regulatory agencies that govern MLM companies will have the same guidelines for spotting Ponzi schemes. 

There’s nothing to prove that they’re generating external income to either sustain the company or to pay out their members outside of new member recruitment. 

#2 Securities Fraud!

Daily ROI constitutes a securities offering, which means BNB Stake needs to be registered with agencies such as the SEC to carry out these kinds of activities. 

These activities include investing and trading to generate ROI in behalf of their clients. But just like their revenue, there’s no proof that they are registered. 

This means they’re committing securities fraud on top of operating a Ponzi scheme. 

#3 Serious Jail Time If You Get Caught!

Because BNB Stake has you committing securities fraud, you could land some serious jail time if you are caught by the authorities. 

Bigger Ponzi schemes have made the headlines when their founders and several members were sued by the government for operating a Ponzi scheme and committing securities fraud. 

Remember what happened to OneCoin and its reboots? Yeah, those people are going to jail for a very long time. 

The same thing could happen to you if you make money off of people via BNB Stake.

What I Like About BNB Stake?

There’s nothing to like about BNB Stake. It’s just a Ponzi scheme.

Is BNB Stake a Scam?

BNB Stake is a Ponzi scheme that hides behind the legitimacy of Binance and Smart Contracts. They don’t know how smart contracts work, so they pray on people who also don’t know how these work. 

The source of income that fuels this company is new member recruitment, which is the biggest red flag of being a Ponzi scheme. 

As it stands, we don’t perceive BNB Stake to stay for a very long time. In fact, we believe this is a rebooted Ponzi scheme simply because it’s only a few months old. We don’t know who the predecessors are but we believe they’re equally worthless as BNB Stake.

How I Make a Living Online?

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...

Justin Hagen
 

Justin has worked as an SEO and content specialist for the last 9 years. His success in the industry has allowed him to graduate from college, pay for a wedding, and pay for their first car. He recently joined Jerry as a writer for the Smart Affiliate Success blog.

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