Millionaires Auto Matrix is a bitcoin investment scheme that promises to make you a millionaire with limited effort or risk. Find out if it’s legit or a scam today in our review.
What Is Millionaires Auto Matrix?
Millionaires Auto Matrix, found online at CryptoBitxMillionaires.club, is a pyramid scheme or multilevel marketing system that promises to pay you easy money.
You pay to join the scheme, then make money by convincing other people to join the scheme after you. You continue paying your fees every month, then quit before the scheme eventually collapses.
Obviously, the rise of bitcoin has led to a surge in bitcoin investment scams and pyramid schemes. Millionaires Auto Matrix, based on everything we can find online, seems to be yet another scheme. However, let’s take a closer look at how it works.
How Does Millionaires Auto Matrix Work?
Millionaires Auto Matrix offers a 2×3 matrix with automatic re-entry. Using this system, the company promises to pay you “over and over again” until you become a “millionaire”.
There’s no hard work, skill, or risk required. You just give the company money every month, and then recruit other people to the company in your downline. If you do this enough times, then you’ll generate a positive ROI. If you can’t recruit enough people, then you’ll lose your investment when the company collapses.
Interestingly, Millionaires Auto Matrix claims to have a refund policy: if you don’t earn money within the first 45 days, then the company will refund your initial investment. It’s rare to see a pyramid scheme offer a generous refund policy like this – although as with all companies like this, it’s tough to prove this refund policy exists.
Millionaires Auto Matrix Pricing
You’ll pay 0.003 BTC to enter the Millionaires Auto Matrix. You’ll need to pay additional fees for additional levels in the matrix.
In exchange for your 0.003 BTC investment, you’ll earn 0.006 BTC. If you repeat this enough times, your initial 0.003 BTC investment will turn into 0.126 BTC according to data posted on the official website.
Based on today’s Bitcoin prices, that means you’re investing about $20 today with the expectation of earning about $800 USD.
Who’s Behind Millionaires Auto Matrix?
Typically, the easiest way to spot a bitcoin investment scam is when the company refuses to disclose any information about its office location, management team, or founders. That tells you the founders are getting ready for a fast, anonymous exit when they disappear with investors’ money in the future.
As you might expect, the Millionaires Auto Matrix website has no contact information for the company, no office location data, and no names of anyone involved with the operation.
When someone asks you to send money online, but refuses to disclose their identity, it’s a sign you’re probably being scammed.
Millionaires Auto Matrix Conclusion
Millionaires Auto Matrix, also known as Millionaire Automatrix, appears to be a straightforward bitcoin-based pyramid scheme. You pay a fee to join the company, and that fee gets funneled to the top levels of the pyramid. The only way to make a positive return on your investment is to convince other people to join underneath you. Eventually, the whole scheme collapses and everyone loses their money.
The only unique thing about Millionaires Auto Matrix is that the company claims to have a money back guarantee: if you haven’t made money in 45 days, the company will return your initial deposit. However, as with any aspect of a pyramid scheme, it’s hard to verify this information in any way, and we have no proof that anyone has been paid by this company in any form.
In any case, you can more about this “investment opportunity” by visiting cryptobitxmillionaires.club/ today.