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On its website, BNBStaker makes no mention of the company’s owners or executives.

On March 10, 2022, a Russian registrar privately registered the domain name “stakebnb. fun” for the BNBStaker website.

The company’s official Twitter feed is crammed with Chinese Fiverr-style promotional films in addition to BNBStaker’s apparent connections to Russia:

BNBStaker occasionally tweets in Chinese as well:

This implies that BNBStaker has other connections to China, perhaps via Singapore.

Always consider joining and/or giving any money to an MLM firm very carefully if it is not transparent about who owns or runs it.

Products by BNBStaker

No retailable goods or services are offered by BNBStaker.

Only the BNBStaker affiliate membership itself may be promoted by affiliates.

Compensation Plan for BNBStaker

Affiliates of BNBStaker make a bitcoin investment of at least $10. On the assurance of promised return rates, this is done.

The length of time an affiliate invests affects return rates:

Invest for 7 days and get a 126 percent return on your investment. Invest for 15 days and get a 150 percent return. Invest for 30 days and get a 240 percent return on your investment.

Keep in mind that BNBStaker levies a 10% withdrawal fee.

Through a uni-level compensation system, BNBStaker pays referral commissions.

An affiliate is put at the head of a unilevel team in a unilevel pay system, and each affiliate they recruited is positioned immediately under them (level 1):

New affiliates brought on by any level 1 affiliates are added to the original affiliate’s unilevel team at level 2.

If any level 2 affiliates bring on new affiliates, they are promoted to level 3, and so on down a theoretically endless number of levels.

Five are the maximum payable team levels according to BNBStaker.

Following are the five levels at which referral commissions are paid out as a proportion of bitcoin invested:

level 1 (affiliates that I directly recruited) – 5%

levels 2 through 5 – 2% levels 6 and above – 1%

It costs nothing to become a BNBStaker affiliate member.

A bitcoin investment of at least $10 is necessary for full participation in the associated income opportunity.

BNBStaker Verdict

BNBStaker is a standard Ponzi scam utilizing smart contracts.

Your assets are protected from any external dangers by the smart contract code, which passed the official audit successfully and without any faults or problems.

BNBStaker is still a Ponzi scam regardless of if the “smart contract code” has been audited.

Affiliates who have been recruited invest, and affiliates who joined before them take their cryptocurrency, and they then hope that investors will come along after them to steal from.

As with all MLM Ponzi scams, the fresh investment will cease as soon as affiliate recruiting does.

As a result, BNBStaker won’t be able to fulfill withdrawal requests, which would finally cause a collapse.

Smart-contract Ponzi schemes are frequently destroyed in a single blow, generally by the admin.

The mathematics behind Ponzi schemes ensures that when they fail, the majority of investors lose money.

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