Is Bonus Bitcoin a scam cryptocurrency or a genuine investment opportunity? So many people were wondering about this one and asking the question, I just had to take a look at it. These crypto schemes seem to be everywhere these days, but does this one have anything really good to offer?
Let’s take a closer look and find out the truth…
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Company Name: Bonus Bitcoin
Price To Join: Free
My Rating: 2/10
~ Bonus Bitcoin Reviews ~
What Is Bonus Bitcoin?
It's really good to see you here reading my review of Bonus Bitcoin. It shows you're wise enough to do some digging before putting up your money and joining something. With so many make money scams online, that's always a good idea.
Bitcoin and other cryptocurrencies are all the buzz these days, and because of the rise in popularity of digital currencies, many scams and dodgy schemes have entered the market, portraying themselves as legitimate opportunities when so many are not.
So what is Bonus Bitcoin? Is this something genuine, or another in a growing list of Ponzi schemes that have been targeting the crypto world of late?
This particular site claims to be a Bitcoin faucet, where they actually give away portion of Bitcoin (Satoshi) every 15 minutes. There is also the possibility of a 5% bonus being added to your account at midnight.
These schemes are always super risky, even if you can potentially make money from them.
You're far better off setting up a cheap and simple online business like affiliate marketing. That's what I do and it brings in passive income every month. I was taught by Wealthy Affiliate, which is free to join. Well worth a look.
How It Works
Bonus Bitcoin makes its money by charging advertisers. Businesses advertise all over the Bonus Bitcoin site and pay the website for the privilege. In order to get loads of traffic to make the advertising a worthwhile investment for businesses, Bonus Bitcoin give away small amounts of Bitcoin to attract visitors who might see an ad of interest and click on it for more information.
It’s free to join, so simply register your details and you’ll be eligible to start receiving Satoshi. There are regular promotions and competitions to earn more, as well as the midnight 5% bonus.
In order to be eligible, though, you have to have any ad blocker software disabled, or ads won’t be visible, defeating the entire purpose of the site.
The idea of this site is the keep visitors on there for as long as possible, making it more worthwhile for advertisers and therefore generating more advertising revenue to share.
If you can get other people to join Bonus Bitcoin, you will receive 50% referral commissions for life on anything your direct recruits make. For this scheme to work, actively recruiting others is probably the most profitable course of action to take.
How Much Can You Make With Bonus Bitcoin?
This will vary, as it all depends on how much ad revenue Bonus Bitcoin has in the sharing pool at the time. Likely each time you make a claim it might only be a virtual handful of Satoshi, maybe around 20 or so. Then you have to wait another 15 minutes to claim again.
Bonus Bitcoin say they adjust the amount of Satoshi you can claim to keep it on an even keel as the value of Bitcoin fluctuates against the dollar.
As I look deeper into the figures, it looks like you will only be earning around $0.002 of a cent every fifteen minutes. That’s less than one cent an hour. Of course, there are other ways to earn small amounts as well, and there is the referral program, but overall this scheme pays an absolute pittance.
All earnings go into your CoinPot balance, and once you reach 10,000 Satoshi, you can withdraw it to your Bitcoin wallet.
This isn’t really an investment in Bitcoin opportunity. It’s more like a PTC site where people earn to click on ads, except you don’t actually have to click on ads to earn, just spend time on the site. This is targeted at people looking to make a little bit of coin, and the Bitcoin angle is really just a gimmick to get interest.
What I Like
- It’s something new that I personally haven’t come across before
- It’s totally legitimate and not a scam
- You don’t actually have to click on ads and watch videos to earn
- There is a referral program with 50% lifetime commissions
What I Don’t Like
- The payouts are way too small to compensate for your time
- You will waste a lot of time hanging around on this site waiting for the next claim to take place
- There’s not a lot to do on this website
How Much Does Bonus Bitcoin Cost?
It costs nothing to join Bonus Bitcoin and start earning tiny amounts of Satoshi.
Is Bonus Bitcoin a Scam?
Really this site is all about getting you to spend as much time on it as possible, but that time is really wasted time in my opinion. Bonus Bitcoin is not a scam in any way, just really not worth bothering with if you want to make some useful money that doesn’t take 100 years to accumulate.
There are much better options around, and the Bitcoin angle is merely a gimmick to get more people interested.
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If you want to make some real money online, set up multiple passive income streams, work from home and be your own boss, then do what I do and start and affiliate marketing business online.
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