Beurax is a new company that promises to make a profit simply by investing in Bitcoin.
But how reliable is it? Can you really make passive income with this company called Bureaux?
Or, is Beurax aIs Beurax Scam Scam?
Well, welcome to the Beurax review where we are about to learn more – who runs the company, how established they are, and most importantly how much can one earn.
Let’s get started.
UPDATE March 2021
The Beurax scam has collapsed. The official announcement says something about a “high level of activity and a huge number of transactions performed on replenishing and withdrawals of funds by clients…”
As of this writing, the Beurax website has been down for at least 10 hours.
Disclaimer
Please note, I am not a member or an affiliate of Beurax. This review is based on research and information available online in the public domain.
Any recommendations and conclusions are only opinions and may not apply to all persons or situations.
Beurax Overview
Name: Beurax
Website: www.beurax.com
Price to Join: $20
Recommended: No. This is most likely a Pyramid Scheme.
I recommend Affiliate Marketing. Check the Pros and Cons of both business models (Affiliate Marketing vs. MLM).
Beurax Summary – Ponzi Scheme Collapse Beurax claimed to be an international investment company focused on cryptocurrency trading. New investors were offered opportunities to make money through investments and recruitment.
However, the investment aspect lacked transparency and showed no proof of external income, while the recruitment model resembled a pyramid scheme.
As an MLM company with no retail products, Beurax relied solely on fees from new members.
Regrettably, the scheme collapsed on March 2nd, 2021, and just a week later, on March 9th, 2021, their website went down.
It’s important to acknowledge that many people are enticed by the allure of quick and substantial returns.
As Napoleon Hill’s quote states, “There is no such thing as Something for nothing.” Earning money online requires effort and time, especially genuine efforts.
What is (was) Beurax?
Beurax (is) was an unregulated investment company dealing with cryptocurrency.
Apparently, their main source of income is automated cryptocurrency trading.
They claim to have a unique platform and operating software that allows them to obtain information and process data based on the market situation.
A new member is then promised to make a minimum of 1.4% daily if he or she invests at least $20.
I am sure you already hear an alarm buzz, right?
Well, there is no legitimate company that can guarantee such a return.
In fact, all investment companies that are legit have to provide you with info that investments don’t have a guaranteed rate of return.
Besides Beurax operates as a Multi-Level Marketing company with many levels.
So there are 2 ways of how to make money:
- Become an investor and gain profit every day from an investment portfolio
- Get new partners and make money off them
Regarding the 1st point – we will see that the company does not have any investment portfolio.
We will get to the 2nd point in a bit.
Who Runs the Beurax?
Usually, these companies do not reveal who runs them.
That applies to pyramid schemes like Adasa Group or Tronex World.
However, Beurax has a nice site, and it seems that they even have a CEO.
His name is Brandon Watts, at least this is what the official Beurax video says.
The video was available on YouTube but for some reason, it was taken down.
I did a research but couldn’t find any more information about this individual.
There are many Brandon Watts on Linked but none is related to the company called Beurax.
Besides according to the name, one would assume that he is an English native speaker but his accent is more Eastern European.
Most likely Bulgarian.
I am not sure if you had a chance to watch the video above, but have you noticed that this guy is reading the text?
I would assume that a CEO knows what he is talking about and doesn’t need the pre-written text in front of him
I might be wrong but my guess is that this is just an actor.
Another red flag is the address.
According to its website, the headquarters is in Canberra Australia, but this can be easily made up.
This was exactly the case with another company called PetronPay.
On their website and also in their video they stated to be at a certain addressing Switzerland but based on the building administrator they have no evidence of such a company.
Is Beurax a Pyramid Scheme?
We know by now that this company works like an MLM company.
But I am sure you know that legitimate MLM companies like Amway or Mary Kay have a lot of retail products.
With that being said the member or Independent Business Owner, can earn by selling the products to others. (Well, only in theory since the success rate within any MLM company is low).
If such a company does not have any retail products it is considered to be a pyramid scheme.
And here is a short video on how to spot a pyramid scheme:
So how does the Beurax work?
Or let me put it in this way.
How one can make money with Beurax?
Investing in a company that allegedly uses trading bots in order to generate income?
There is absolutely no evidence of external income.
The only income that the company has is in new investments paying off the members.
With that being said, Beurax strongly resembles a Ponzi Scheme.
But let’s continue with the review to learn more.
How to Sign up?
It is pretty easy to sign up, but you also need to enter your, telephone number.
After that, you choose the payment system or also called your wallet address.
Then you enter the Dashboard that looks like this:
In order to start, you have to invest at least $20.
How Does Beurax Work, and How Much Can You Make?
Once you are in the Dashboard, you can choose how to make a deposit.
There are 4 different Swaps
- Total Return Swaps
- Currency Swaps
- Interest Rate Swaps
- Commodity Swaps
Within these swaps, there are these “mini” swaps (above) allowing you to invest from $20 to $500, or in some instances from $1,000 to $5,000. The range is based on the profit which is claimed to be from 1.4% to 3.6% daily.
The highest amount is to invest $100,000,000!
Here is an overview for the potential affiliates, where we can see how much it is possible to invest and what is the daily ROI according to Beurax.
| Investment | Duration | Daily Return |
|---|---|---|
| $20 – $500 | 15 days | 1.4% |
| $500 – $1000 | 20 days | 1.5% |
| $1000 – $2500 | 25 days | 1.6% |
| $5000 – $10,000 | 35 days | 1.8% |
| $10,000 – $50,000 | 45 days | 1.5% – 2.1% |
| $50,000 – $100,000 | 90 days | 3.1% |
| $100,000 – $300,000 | 90 days | 3.2% |
| $300,000 – $500,000 | 90 days | 3.3% |
| $500,000 – $1,000,000 | 90 days | 3.4% |
| $1,000,000 – $100,000,000 | 90 days | 3.6% |
| Investment | Duration | Daily Return |
|---|---|---|
| 0.001 BTC – 0.5 BTC | 20 days | 1.4% |
| 0.5 BTC – 2 BTC | 30 days | 1.5% |
| 0.1 BTC – 5 BTC | 45 days | 1.5% – 2.1% |
| 2 BTC – 10 BTC | 45 days | 1.6% |
| 1 BTC – 5 BTC | 90 days | 3.1% |
| 5 BTC – 15 BTC | 90 days | 3.3% |
| 15 BTC – 50 BTC | 90 days | 3.6% |
| Investment | Duration | Daily Return |
|---|---|---|
| 0.1 ETH – 5 ETH | 20 days | 1.4% |
| 5 ETH – 20 ETH | 30 days | 1.5% |
| 3 ETH – 120 ETH | 45 days | 1.5% – 2.1% |
| 20 ETH – 50 ETH | 45 days | 1.6% |
| 25 ETH – 125 ETH | 90 days | 3.1% |
| 125 ETH – 400 ETH | 90 days | 3.3% |
| 400 ETH – 1500 ETH | 90 days | 3.6% |
For example, if an investment option offers a “daily return” of 1.4%, it means that for every $100 invested (or an equivalent amount in another currency like BTC or ETH), the investor can expect to earn $1.40 in profit each day.
Those are large income promises, don’t you think?
A daily return of 1.4% is relatively high and could be considered unrealistic in traditional financial markets.
Such high daily returns often raise red flags and may be associated with investment opportunities that carry significant risk or are potentially fraudulent.
Just let’s take a look at the typical signs of a pyramid Scheme:
Let me also share a general opinion about such high return promises.
Beurax Ranks and Bonuses
There are 12 different ranks that an affiliate can achieve (in theory).
I am not sure if that is visible for you, so here is a text version of it, including the requirements:
- Silver Consultant – sign up as a Beurax affiliate
- Golden Consultant – generate $10,000 in total downline investment
- Diamond Consultant – generate $30,000 in total downline investment
- Silver Manager – generate $60,000 in total downline investment
- Golden Manager – generate $120,000 in total downline investment
- Diamond Manager – generate $250,000 in total downline investment
- Silver Partner – generate $1,000,000 in total downline investment
- Golden Partner – generate $3,000,000 in total downline investment
- Diamond Partner – generate $10,000,000 in total downline investment
- Silver Director – generate $30,000,000 in total downline investment
- Golden Director – generate $50,000,000 in total downline investment
- Diamond Director – generate $100,000,000 in total downline investment
They use a uni-level compensation plan as many other similar pyramid schemes, with 15 levels.
(Here is just a sketch of how the uni-level compensation plan looks like with a few levels)
They also offer some “Leadership Bonuses”. But I don’t want to bother you with more numbers.
It basically says, how much one can get if one qualifies for a certain level.
It ranges from $1,000 for a Diamon Consultant to $3,000,000 for a Diamond Director.
Again these are extremely exaggerated numbers and show only one thing:
It is good to be true or in other words, Beurax is most likely is another Ponzi Scheme, similar to the Tronex World or Adasa Group.
What I like about Beurax
- Their website was nice, but that is it.
Regarding the company, there is nothing to be liked. It is a modern Pyramid Scheme.
What I don’t like about Beurax
- All signs of Pyramid Scheme
- No proof of external income
- Fake CEO, Fake address
Have you been scammed by Beurax?
If you suspect that you have fallen victim to Beurax’s scam, it’s crucial to take prompt action.
Report the fraud to the appropriate authorities by visiting the FTC website.
Additionally, consider seeking legal counsel and exploring options to recover any lost funds. Don’t hesitate to protect your rights and seek assistance if you’ve been affected by this Ponzi scheme.
Is Beurax a Scam?
Yes, it is a scam and a Ponzi scheme.
We have covered enough red flags to show that it is better to stay away from the Beurax.
This company may collapse within a few days and people who put money in there will lose everything.
That is why my advice is, don’t get involved with Beurax.
Generally speaking when it comes to investing please keep in mind the following points:
- Make sure that you have a way out quickly
- Don’t invest more than you can afford to lose
- Realize that you are on the outside, looking in. And people who are inside have a plan, you don’t know about.
If you have any questions regarding Beurax or other ways how to make money online let me know in the comment section below.
Thank you for reading,
Mike.
This is to every individual who has invested or plant to invest in Beurax, I had a bad experience with this broker . I was convinced into investing and I made multiple investment but when it was time for me to make withdrawals I was asked to pay charges . I paid thr charges and I was not still able to make withdrawals still …
Thanks for your comment,
M.
It hard to be true according to the statement made by the admin I quote ‘Due to the very high level of activity and the huge number of transactions performed on replenishing and withdrawals of funds by clients, Beurax needed to reconfigure and optimize the system that is responsible for automating these processes’ i still believe they will come back and people will continue investing in Beurax according to what I read in this site https://www.dailybinaryhub.com/beurax-login/ I strongly believe they will return though there is panic but don’t worry they are working on something big is coming chill
Let’s see…
Mike
From my previous experience its not that easy to get back a scammed funds because these scammers are very smart and they will cover their tracks but if you manage to find a trustworthy and reliable Recovery company, I said trustworthy and reliable because many scammers are out there disguising as Recovery agents and will only take your money without recovering your money, I was a victim of such myself after loosing my all my funds to cryptocurrency scam. I sort for help and I met few recovery agents and was scammed by a particular one again. Luckily for me I was referred to a company. You can search for … he should be able to help you. It was worth it in the end.
This seems like spam to me, that is why I have deleted the contact you wrote down…
Are you trying to promote another scam here?
Would love to if you can respond to this comment…
Hi Mike. Thanks for the warning you gave us. Unfortunately lots of people I know especially friends and family joined beurax and we were told by 01/04/21 . It was to re open and people were waiting for midnight Australian time. People are in tears, marriages broken, families broken because of this money. So terrible and we don’t even what to do. Any advice will be helpful. Thanks Mike
Hello,
Yes, their site is still down.
I am sorry to hear that people lost their money.
The best would be to report it to the FTC.
Here is the link directly to the FTC:
https://www.ftc.gov/faq/consumer-protection/submit-consumer-complaint-ftc
Unfortunately, there is not much more I can do for you.
The more people there are to file the report, the better are chances that people behind the Beurax will be sued and brought to court.
And hopefully, they will reimburse the victims.
Stay strong
Mike
Server is down for maintenance. Has been for atleast 10 hours.. have the robbed us?? And if so is there a way to get our money back?
Hello,
Yes, I have noticed that their server is down.
Beurax has collapsed, following an announcement that “withdrawals are suspended effective immediately.”
In other words, the Beurax founders have completed their scam.
I am sorry that you have lost your money.
It is a sad thing.
Reviews like this should help people to avoid such scams.
It is always recommended to do research of such a company first.
Hi Mike,
Thx for your insight on these topics.
Would it be possible to check out the below?
Watermine.io
Capital Assets Management (www.capitalassetsm.com)
DAISY / Daisycrowding (from Endotech) (Decentralised Artificial Inteligence Systems)
People I know have invested in this and it’s a mixed feedback, mostly negative. Wanted to check before I join either. Please
Hello,
You are welcome.
I have tried to open the website but for some reason, it doesn’t work.
I will take a look at it later on.
BTW, are you sure there is no typo in the URL address?
Mike
Here’s a different question: how does one pay capital gains tax if they do receive payback from such a set up? Are there filings anywhere obligating the individual to pay tax on that income? Not sure if Beurax would actually provide documentation on that.
Your insight with the whole operation is very helpful. It’s easy to see, but to have it clarified is always a good thing.
Thank you,
Todd
Hey there,
Generally speaking, if a person makes a profit he or she is obliged to pay taxes in the country he/she resides in, most of the year.
Thank you for your comment
Mike
How did you conclude 1.4% for 15 days equals 121%? And every subsequent calculation down the list? Whether Beurax is or isn’t a scam I don’t know but your math is wrong. That is for sure. It’s hard for your analysis to be credible when a key calculation of the company’s returns is mathematically wrong. That is not the calculation they provide on their own website, the one they provide is mathematically correct. Yours isn’t. It’s almost as if you are trying to make them look worse than they are by inflating the returns they promise which is not what they promise at all. If you can’t get the FACTUAL MATH correct, how am I supposed to trust your OPINION. One incorrect piece of info discredits everything else you have to say.
Hey there,
Thanks for your comment.
These calculation are not made by me.
As it is stated in the post, these data are according to Beurax, so they are the ones who come up with such numbers.
So all the allegations concerning the math should be directed to Beurax.
However, whatever results they show, one thing is for sure. The promised 1.4% return daily, is just ridiculous and this is the fact you should be worried about.
The bottom line is that Beurax is a Ponzi Scheme and I don’t recommend joining it.
As for the calculations – I have removed the whole percentage since it is misleading (again coming from Beurax).
Have a nice day
Cheers
Mike
I have to disagree with you. Best online investing company ever??
Been investing with Beurax for over two months now. More than doubled my investment. This is a legit business. You owe it to yourself to check it out.
I also admin a Telegram group called Crypto Compounders?? I will teach you how to get started. No experience necessary. Look me up.
You are entitled to your opinion.
As mentioned several times, Pyramid schemes can work even for more than a year, before they collapse.
With that being said, I wish you luck
Mike
No, I would like to know about Hyprfund. Is is piramd
Hi Isa,
Do you mean this company?
www .hyperfund com
I have read your post and your information is not all accurate. I do not work for this company but it does not have a join fee. All investments are risky for sure.
Thanks for your comment,
Yes, it is possible to join for free and get into the dashboard.
Actualy, what I meant was that in order to be in the game one must invest at least $20.
Cheers
Mike
Hi,
I have read the whole thread above and i have deep feelings of a scam, that’s for sure 🙂
Since you have this kind of “high level of time” invested in reasearching this kind of platforms, did you find (or reccomand) one “less shady” website/company ?
Thank you
Razvan
Exactly 🙂
Regarding your question – it depends on what you looking for.
In case you want to invest, I would recommend a company called Forex Signals.
If you are skeptical about these companies, then you should read the book by Tony Robbins, it is called MONEY Master the Game. (Check the price on Amazon).
He explains in simple language how to invest and where to invest.
Basically, I would go for S&P500.
In case you are interested in building your own business online (like having a website that generates a consistent income) check the platform I recommend.
Here is a full review, of that platform and you can actually test it for free.
I have learned how to make 4 figures online. It requires some time and of course effort, but it is definitely worth it.
Hope it helps,
In case you have further questions let me know
Cheers
Mike
Been investing with Beurax for over two months now. More than doubled my investment. This is a legit business. You owe it to yourself to check it out.
I also admin a Telegram group called Crypto Compounders?? I will teach you how to get started. No experience necessary. Look me up.
You already made your point.
Obviously, you are the one who promotes this business and you wanted to leave your link to Beurax.
I had to remove that link of yours since this is not a place for promoting scams.
Have a good one
Mike
I have been involved in similar companies that paid me for months but still went down as SCAMS. I wont be surprised at all about Beurax becoming a one too.
I had my doubts about why the guy living in Dubai registered the company in Beurax in Australia, and by the way, similar companies became SCAMS after all.
Your calculation on ROI aFOR Beurax.com re COMPLETELY WRONG – how does 1.4% a day for 20 days amount to 128% ROI? The ROI is only 28% for 20 WORKING DAYS investment. Therefore you only receive 28% interest in 1 calendar month, which even falls OUTSIDE of the definition of a multiplication scheme. I see now you are an Affiliate Marketer- and I can only assume an UNETHICAL one to talk such HOGWASH as you have in this article.
Hello Neil,
Thanks for your comment.
REgarding the calculation – you are absolutely right.
But these data are taken from the Beurax site, including the “misleading” ROI. (I didn’t do the calculation)
In other words, these Ponzi schemes very often show the ROI including the initial “investment”, therefore there is 128% instead of 28%.
Not a lot of people do the calculation on their own, they only see the final number and they want to be part of the game.
Maybe I should have been more clear about the source of those data.
And yes I am an affiliate marketer, showing people what to be aware of and what might be a good business model.
What’s wrong with that?
Wishing you all the best
Mike
Due to compounding, a 1.4% daily return would actually yield 32% in 20 days.
Ola, se eu posso investir na Beurax, como fiz de 350 dolares e daí ganhar 21% em 15 dias sem colocar uma unica pessoa, onde está o esquema de piramide ou ponzi que fala nos seus comentários? Sinceramente ainda nao entendi porque fala tao mal do projeto.
Ola,
Sorry, I don’t speak Spanish but thanks to google translator I get what you mean.
Are their promises about having such returns are enough to convince you that Beurax is legit?
If I promise you that I will give you $150 on every $100 you gave me, does it mean that you trust me?
Let’s say I have a website, with a Fake CEO profile (fake image, fake name) – would you still believe me?
It is always important to be a little bit skeptical – especially when something seems too good to be true.
Check other reviews, in case my article did not convince you about the fact that Beurax is a Ponzi Scheme.
It is not very difficult to double-check the information they have on their website. And if there are more Cons than Pros, I simply don’t trust that product/service/company and I don’t recommend it to anyone.
If you have further questions let me know
Cheers
Mike
Faremos assim dentro de 15 dias te darei a resposta se ganhei ou não! Contudo a vida é feita de riscos. E só nao ganha quem nao arrisca. Perder ou ganhar nao interessa. O que interessa é viver!
All right.
Hopefully, it will work out for you.
Wishing you all the luck.
Cheers
Mike
Sir Mike, thank you for the review, please do you own youtube channel? If yes what is it?
Hello,
I have a Youtube channel, but it is not related to this website (at least not directly).
It concerns Personal Developments (so to speak) and there are videos that I find interesting. (from Napoleon Hill’s Audiobook thru Jordan Peterson to the former Mob guys :))
https://www.youtube.com/channel/UCSt5tFheBzhjtP5QMJkQUeA
Hope you find it helpful as well,
cheers
Mike
Hi Mike,
A friend recommended Beurax to me and I had this gut feeling about it, not knowing anything about financial companies like these.
Now; in case it is a pyramid scheme, it still works if you withdraw your money every day? Is it correct the biggest risk would be that your money will be frozen?
I was wondering if it is also possible that you put in your creditcard info and accept terms and conditions…. and then somehow you can lose more money than you put in? Or is that impossible?
Thank you.
I wouldn’t get involved with Beurax, meaning I would never reveal my credit card information nor other info regarding my finances.
In case you send them money, make sure to withdraw them right away.
Regarding your question about the credit card and if you can lose more money than you initially intended. Yes, I think it is possible.
That’s why my recommendation is – stay away from the beurax.
Hope that helps
Cheers
Mike
Hi !
what you mean about EGCM ?
thank you
regards
Marko Starman
Hello Marko,
Concerning the Emirate Global Capital Markets, I have not done thorough research yet.
I am going to add it to my to-do list.
Thanks for stopping by, though.
Cheers
Mike
Just because a program has an affiliate pyramid program doesn’t mean it is a scam. Thank god we have opportunities where we can make a lot of money from such structures if a good business has it as apart of their structure. It really opens the gate to earn decent money on momentum.
You are about affiliate programs, well a Pyramid scheme is a great affiliate program with the right product. I am not sure about Bearax as being legit. But my team I work with that invest in some great companies, are Muti millionaire over and over from some really good programs and they try and only promote legit things, which a multimillionaire I am apart of is investing a lot of his own money into the investment platform. He just dropped $50,000 in the last couple days in to it.
One thing he does not wan to do is jeopardize the trust of about 10,000 followers that listen to his direction.
Pyramid schemes are made by a small group of people who want to ripp of other people.
Most of the members are going to lose money.
So how come this model is not a scam?
But I understand your point.
You have probably the same mindset as those scammers.
There are lots of product’s online that are out here for nothing good but to take our money and scam us, that is why we need to always read about products we are willing to go into or consider properly in order to be able to make good decisions. There are more products like Beurax so we should be aware
That is exaclty right.
Thanks a lot for your comment, I am sure you won’t fall for a scam since you realize the importance of doing research.
Have a good one
Mike
Been investing with Beurax for over two months now. More than doubled my investment. This is a legit business. You owe it to yourself to check it out. Here is my Beurax link. https://beurax.com/en/….
I also admin a Telegram group called Crypto Compounders?? … it is all about investing with Beurax. Best online opportunity I have ever seen.
Obviously, you try to recruit people into Beurax.
I have deleted your referral link since this is not a platform/website where you can promote your “business”.
Also, I was thinking about marking your comment as spam but changed my mind.
Anyways, wishing you all the best
Mike
thanks for the insights, what about CHYmall?
You are welcome.
I have not done thorough research on the CHYmall yet, but from what I have found out, it really seems like a fraudulent company.
I would stay away.
Hope that helps
Mike
Hi Mike
Thank you for your explanation about Boureaux
What is your point of view about Crowd1 and Petronpay?
Hello and thank you for your comment.
Regarding the Crowd1 I have finished the review a few days ago.
You can take a look at the following link:
Is Crowd1 a Scam?
Basically, Crowd1 is an online marketing company that gathers people together from all over the world, promising them high returns in a short period of time.
The emphasis is on recruiting so it operates as an illegal pyramid scheme.
As for Petronpay, I did a thorough review of that one as well, and here is a link (is petronpay a scam)
It is another pyramid scheme that is doomed to collapse.
Unfortunately, it can work for another month. It all depends on how many people will join this scheme.
Basically, it is better to avoid both of them in order to save money.
I understand that it is not easy to find a legit system that can generate ou another source of income.
There is not such a thing as get-rich-quickly.
Most people are impatient when it comes to making money, and that is why they fail quick…
Hope it helps
if you have further questions let me know
Cheers,
Mike
I search beurax on australian asic.gov.au so this website shows this company with ACN number and authentic date
You can also search beurax name in asic.gov.au official website.
Need your opinion on this.
Hi, thanks for stopping by.
Sure.
Beurax is registered only as a shell company.
This company has no business activities in Australia.
Besides, Beurax commits stock and investment frauds in Canada and the USA.
Hope it helps
Cheers
Mike
Do u have an update on ur review of this company?
It has been 60 days and it is still making people a lot of money.
Well, an Update – Sure – The company was registered only in June 2020.
Of course, for time being it seems like a lot of people make money with them.
A lot of pyramid schemes operate for a year or two before they collapse.
Remember: No more new recruits means no more income.
So my update is – It is still a Ponzi Scheme.
thank you for your comment
Have a nice rest of a day
Cheers
Mike
Have you heard about Forsage? If so, what are your thoughts on that?
Hello Jill,
Yes, I have.
Here is a link to Forsage Review.
Basically, I don’t recommend it either.
It operates as a gifting scheme and that is illegal.
Not mentioning, the totally unrealistic claims about returns.
Feel free to read the review and if you have further questions let me know
Cheers
Mike
Hi, good review, what do you think about MIND CAPITAL? KUAILIAN?? thanks.
Glad you like it.
I have not reviewed the Mind Capital deep enough yet.
But from what I have found out, I don’t recommend it either.
The same applies to Kuailian. It strongly resembles a Ponzi Scheme.
Hope it helps.
Mike
But thanks for the comment. I will try
Thanks for your insight Mike.
Have you looked into Celsius at all?
You are welcome Seb.
I have not checked Celsius.
Everyone keep saying this is a pyramid scheme but Have anyone used the system and put money in and taken money out? What exactly are the dangers with using the platform ? Is it simply they can close the site down and take the fund locked within
That is exactly right – They can close the site down and never pay anyone.
Hi! I invested $250 on beurax, and a week ago I withdrawed $300 without any problem
Pyramid schemes or systems like this can work for years.
It is a matter of time.
History already showed us that some pyramid Schemes went on for more than 5 years.
Apart from investing in crypto currency, which other online business is legit that someone can make a pretty profit at the end of the month or week. Thanks
I do affiliate marketing.
But no matter what kind of business you want to create, it always requires effort and time.
In many cases one must be flexible as well, meaning that if something does not work within a year, it recommended changing the niche or sort of business.
If you are looking for ways on how to make money by the end of this week, I can recommend you to try the platform called SquadHelp.
You will find more information on Squadhelp here.
Hope that helps,
If you have further questions let me know
Cheers,
Mike
Good afternoon from Sugarland, Texas USA. Can you please email me information on Affiliate Marketing .
Hello,
I can send you an email or I can leave a link to a guideline where I explain how I got involved with Affiliate Marketing.
https://setaffiliatebusiness.com/guideline/
If you need more information let me know.
I had some troubles with email, but currently, it works and you can reach me at:
mike@setaffiliatebusiness.com
Have a great rest of the weekend
Mike
“I’ve been following the whatsup chat groups for Beurax and i notice US members have had there accounts closed with Beurax cause the company has not been authorized by SEC so they were told to sign up with a vpn from another country”
You also forgot to mention that all of those US accounts were closed temporarily and hopefully be back up in a couple months as per their adminstration. I for one had my account closed and 4 other friends in the US. If this was a ponzi scheme, why then did they give me back all my deposits and also the my daily interest I received?
Food for thought….
Thank you for your comment.
Well, hopefully, they will be back up in a short period of time, but for time being it doesn’t look like it.
And there have been many Ponzi schemes that were running for years.
Beurax has been around only since June 2020.
I would not invest in them and I’d rather preffer investing into BTC myself. Since BTC an a lot of altcoins in general have been skyrocketing, it’s a no-brainer to put some money into crypto.
Thank you very much for warning us about Beurax. I’ll keep away from these guys. I don’t want nothing to do with pyramid schemes.
Absolutely.
Thank you for your comment.
Really appreciate it.
I’ve been following the whatsup chat groups for Beurax and i notice US members have had there accounts closed with Beurax cause the company has not been authorized by SEC so they were told to sign up with a vpn from another country
Thanks a lot for your comment.
I believe they just want to get more members at any cost.
It is highly recommended to stay away from the Beurax!
Thanks for giving this very detailed review on Beurax. There are so many program and money making schemes out there that one must be careful to get proper insight before joining anyone. Beurax being a pyramid scheme is definitely a no go area. And from what I have read from this article, it is as if they operate quite different from how they claim to operate.
I like that you are doing research on these new systems.
Good for you.
That is the only way how to avoid scams and pyramid schemes as Beurax definitely is.
Wishing you lots of success
Mike
THANK YOU for this article, not only for the review on Beurax but for your clear instructions on how to spot an MLM or, worse yet, a Ponzi or pyramid scheme. As it becomes increasingly difficult for a Regular Joe to get ahead financially, it’s becoming ever more common to find these unscrupulous people willing to jip people out of their (very few) hard-earned dollars. Thanks for fighting the good fight!
Glad you find it helpful.
Stay away from scams!
Wishing you all the best
Mike