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What is the minimum cost of joining Bitclub Network?

$599 ie $99 to upgrade, and $500 to buy a share in the entry-level mining pool, Pool 1. (Approximately R8 500, dependeent on the prevailing US$/rand exchange rate at the time). This has always been the cost, ever since Bitclub Network commenced operations 4 years ago.

And yet, I often have people telling me that no, the cost to join is R500 or R1 000. Two calls in the last two days in fact! Where do they get these amounts?

When I ask them, the answer is either “Oh, someone told me” or “I think I saw it on facebook”.

Now, I can only imagine that this false information is peddled by Bitclub Network members who a) either have no idea what they are talking about or b) have devised some sort of scheme in which they recommend that people band together and each put in a small amount to raise the $599 required for a share in Pool 1…eg R500.

If this is the case, I have no real problem with it…except that it COULD cause problems down the line. Especially if the people sharing in the costs of a pool ever come to a disagreement, or “unfriend” each other. Then what? How do they split the profits? Who is given the authority to withdraw? And if they decide to build a team, how do they share the commissions equally?

Sorry to say, but for me, it could get messy.

The other – more important – issue is that it causes confusion out there. People just won’t know who to believe ie members like me who have been in Bitclub since 2015? Or members who joined a few weeks back and are still to learn the business?

So, just to clarify matters, assuming that you’re reading this article and decide that yes, you want to join Bitclub Network:

The first step is to register as a free member under a paid member. (You’re welcome to register on https://bitclubnetwork.com/gerard/signup.html if you don’t have anyone to register under).

Then, you need to open a Bitcoin wallet on www.luno.com (You can also do so on www.altcointrader.co.za or www.localbitcoins.com if you’re in South Africa, or Southern Africa).

Then, once your account is verified and set up, you need to buy Bitcoin.

Once you have bitcoin in your Bitcoin wallet, you then need pay the $99 upgrade fee. This is a once-off payment.

Then, you need to buy a share in one of the following mining pools:

Pool 1, Pool 2, Pool 3 or the Founders pool.

The costs for a share in the Bitclub Network mining pools are as follows:

Pool 1: $500 payable in bitcoin

Pool 2: $1 000 payable in bitcoin

Pool 3: $2 000 payable in bitcoin

Founders Pool: $3 500 payable in Bitcoin (Note that 1 share in the Founders pool gives you 1 share in Pool 1, 1 share in Pool 2 and 1 share in Pool 3).

Irrespective of which pool share you purchase, a 30 day waiting period applies. Thereafter, your coin(s) are mined for you over a 1 000 day period (3 years). During this 1 000 days, your mining share grows through the accumulation of small amounts of Bitcoin with the result that by the end of your 1 000 days, your share may have grown to 2 or even 3 shares. So not only do you benefit through having more shares, but you also benefit through any increase in the price of Bitcoin over the three years of mining.

What if you CAN’T afford the R8 500 required to purchase a share in the entry level pool 1?

Two options present themselves:

The first option?

You could simply upgrade by paying the $99 (approximately R1500) fee in Bitcoin so as to get a position on the binary, and then do what you can to raise the other approximately R7 000 to buy a pool 1 share as soon as you can.

The second option?

I give you the contact details of a person I known for a long time and trust who can show you another cryptocurrency-related business opportunity that can help you make enough money over the next few months to help you buy a pool. (Like Bitclub Network, it’s an excellent and solid business opportunity but the person who is involved in that business would need to tell you more).

In the meantime, I hope that the above information clarifies matters. The minimum cost to join Bitclub Network as a paid member is $599 – approximately R8500 at the current US$/Rand exchange rate. It is NOT R500, or R1500, or R2 000 as you might have been told by others!!!

On this note, if you are aiming to join Bitclub Network, please try to do so on your own and DONT give someone money to buy a pool for you – UNLESS you absolutely trust that person. There have been way too many instances of people losing their money due to unscrupulous people running off with it, so be careful out there!!

ASK how to open a bitcoin wallet if you don’t have one. ASK if you are not sure how to buy bitcoin. And ASK if you don’t know how to upgrade and buy a pool. Far rather be safe than sorry!

Gerard Kavonic has been a member of Bitclub Network in South Africa since 2015 and has attained the rank of Master Builder. He has two websites: www.bitclub.co.za and www.bitclubblog.com  and together with his colleague Derek, administers a fast-growing team around the world. Anyone wanting to join BitClub Network as a paid member must register as a free member first. If you have already been introduced to BitClub, you should register under that person, assuming that he or she has a good understanding of the business. This person would then constitute your upline sponsor. If you don’t have anyone to register under, you’re welcome to join on https://bitclubnetwork.com/gerard/signup.html Gerard can be reached on +27 83 444 9888 and on gerard@kavonichone.co.za and more@bitclub.co.za His skype address is gerardkavonic if you would like to connect with him.

 

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