Allbit Trade Review  –  Ponzi Scheme  –  MLM Scam

Website & Company Information

The web domain of the company was privately registered on the 12th of April 2020. The website provides no information about who owns or runs the company.

Allbit Trade provides a UK incorporation certificate for Allbit Group LTD on its website. Most of the MLMs give out their incorporation details (especially the UK based) in an attempt to look genuine. The official inauguration of the company was held on July 30th, 2020.

Fact: The U.K. is one of the most favourable jurisdictions for scammers, and 90% of all the shady MLMs are registered in the U.K. Also, U.K. incorporation is dirt cheap.

Whoever actually runs the company is based out of Russia, because if not, then why are they using RUBLE as the underlying currency for fiat-related investments?

At the time of writing this article, Alexa cites Peru (13.3%), Vietnam (12.2%) and Venezuela (10.7%) as top sources of traffic to Allbit’s website.

As always, if the company is not being transparent about its corporate structure, then you must think twice before handing over your hard-earned money to anonymous people on the internet.

Allbit Trade’s Products

The company has no retailable products or services, with affiliates only able to market Allbit Trade affiliate membership itself.

Allbit Trade’s Compensation Plan

The company’s affiliates invest USD, RUB and cryptocurrenices n the promise of an advertised perpetual 3.3% daily ROI.

Note: 3.5% and 4% ROI plans are coming soon.

Following are the investment vehicles and the accepted investment amounts per vehicle:

  • bitcoin — 0.005 to 4.3 BTC
  • ethereum — 0.3 to 128 ETH
  • litecoin — 0.6 to 880 LTC
  • dogecoin — 4200 to 15150000 DOGE
  • credit card — 2500 to 3,400,000 RUB (Russian ruble)
  • Perfect Money and Payeer — $10 to $50,000 USD

Referral Commissions

The company pays referral commissions on invested funds via a unilevel compensation structure, capped at four unilevel teams. Residual commissions are paid out as a percentage of funds invested across these four levels as follows:

  • level 1 (direct recruit) — 7%
  • level 2–3%
  • level 3–2%
  • level 4–1%

Joining Allbit Trade

Joining Allbit Trade affiliate membership is free. However, full participation in the attached income opportunity requires investment in BTC, ETH, LTC, DOGE and fiat currencies (USD & RUB).


The company claims of generating external revenue through crypto trading. We couldn’t find any proof of such activity. Nor is there any evidence of Allbit Trade using external revenue of any kind to pay returns.

In fact, the company also fails the Ponzi logic test. Say for example, if the owners of the company are able to make 3.3% daily ROI, then why would they need your money?

Even a modest amount of $100 if compounded for 100 days with 3.3% daily ROI will generate a profit of $2470 ($2570 total)

As we see, the only valid source of income entering into the company is the new investments and using these investments to honour existing withdrawals makes it a Ponzi Scheme.

Once recruitment slows down, so will the withdrawals — triggering a system collapse where the majority of the investors are destined to lose money.

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