Handy BTC is a cash gifting site that makes no claims that it is anything else. In fact, the homepage clearly points out that the system works through peer to peer participation. The site boasts how it offers its members fast cycling to where they aren't stuck in the system. It also explains how you can turn $20 BTC into $110 BTC over and over again.
Unlike other sites that have you working on recruiting tons of people, Handy BTC offers dynamic spillover with active and upgraded members. Plus the system only works with three levels and two stages so that you can earn faster. But is this gift giving site all it is cracked up to be? Can you really make money quickly?
What Is Handy BTC?
According to Who.is, the site HandyBTC.com was registered on April 15, 2017, to Chaker Saaf. The address listed is from Bennane, Monastir in Tunisia.
When looking into Mr. Saaf background you will find him on several social media networks including Facebook, Twitter, and Instagram. According to his Facebook profile, he is located in London, UK.
You will also notice that he was involved in other online ventures such as 2×9 Bit Max. The 2×9 Bitmax was also a site like Handy BTC which was a cash gifting system.
Handy BTC Products
Handy BTC doesn't offer any retail products. You also won't find any services on the site. The only thing members can do is promote the membership to Handy BTC and the money making opportunity.
Handy BTC Opportunity
In order to get started with Handy BTC, you have to donate $20 BTC to the person who recruited you. Now, if you don't have a ‘sponsor' or someone who directed you to Handy BTC you can always register on their home page and get placed under a random person.
Once you have registered and paid your dues you can participate in the gift giving 2×2 matrix. The idea is for you to recruit two people directly under you. You are then paid $20 BTC from each referral. In order to upgrade your account, you will need to pay $30 BTC. This gives you a profit of $10 BTC.
Once you upgrade you then have to find four recruits who pay you $30 BTC. If you want to jump into the cycle again you have to pay $20 BTC giving you $100 profit for the second level.
Once you have completed the second level you can re-register and get thrown into the matrix again. The system allows you to continue in the cycle for as long as you want to.
Handy BTC Verdict
While the site is straight forward with its intentions, there are a few things you need to be aware of before signing up. First off, the math behind level one is completely off. If you give someone $20 and only get $10 in return you have lost $10. That isn’t a profit and it certainly isn’t breaking even.
The only way for you to really make money is by going through the second level and making the $100. Only then can you look at it as a win.
The second thing you need to realize is the price for upgrading goes directly to the owner of the site. So for each person having to upgrade to level 2, Mr. Saaf is making money. Another thing you have to be aware of is how the system is set up.
With each new recruit coming in and gifting money to their up line, the system continues to flourish. Without new recruits, the system will stall and no one will get paid.
If you are planning on signing up to join Handy BTC understand that the payment method is with Bitcoins. The site doesn’t offer any refunds or exchanges. Once you gift the funds, they are gone.