VBit Unilevel Compensation Plan Updates
VBit Technologies recently made some changes in their ranking and compensation plan system. First of all, the Bronze package which cost 150 USD is no longer available. This package made it really easy for someone to join and start mining bitcoin right away.
The Bronze package was replaced by the Copper package which costs 1067 USD at the time of this post. This is the lowest that someone can join right now. The company still have the payment plan available but it seems like miners also have to pay a hosting fee with the new change.
Honestly, I was wondering how come VBit were not charging any hosting fees since they were the one doing the hosting for the miners. But, it seems they had it coming. This change in the packages also affect the VBit Unilevel Compensation. Keep reading to see how!
VBit Leadership Ranking System
There are 6 leadership ranks that miners can achieve in VBit which are the following:
- Area Leader
- Regional Leader
- National Leader
- Global Leader
- Vice Chairman
When you join VBit, you are not eligible for commissions until you reach the rank of Leader. All you need to do to become a leader is to refer 2 people who purchase a package by placing one on your left team and one on your right team. Once you achieve this then you become a leader which make you eligible for commission.
You can imagine how easy it was to become a Leader when VBit had the bronze package which was just 150 USD. At that price the volume required was just 300 BV. Now, with the Copper package the volume required is 2000 BV. This is definitely not making it easier to reach the rank of Leader.
VBit has seeing a surge of orders in the past few weeks. Therefore, I’m sure that those changes are ways for them to stay in business while still providing good service for those who want to mine bitcoin. But, I have to be honest here, if your plan was to refer others then it’s going to be difficult to get the average joe attention with the Copper package.
Some people might still be able to build a team of miners since they already have some influence in the network marketing industry but for those who are just getting started it’s not going to be easy. That is not to say that it’s going to be impossible but you will have to put some work into it if you decide to recruit other miners.
Well, the good news is that you don’t really have to recruit in order to make money in VBit. Your mining computer is what is making you money and for some people that is more than enough. Also, If you are doing good with your mining you can start by showing others proof that you are making good money with the system. That alone could be a good recruiting tool if you want to build your own team.
The Unilevel Commission Plan
Please note that what I’m going to present here is for educational purpose only and that does not include your mining profits. Now, here is a brief overview of how the unilevel commission structure works:
- Leaders get paid 6% on their level 1 only
- Areal Leaders get paid 6% on level 1 and 0.75% on level 2
- Regional Leaders get paid 6% on level 1, 0.75% on level 2, and 1.5% on level 3
- National Leaders get paid 6% on level 1, 0.75% on level 2, 1.5% on level 3, and 2.25% on Level 4
- Global Leaders get 6% on level 1, 0.75 on level 2, 1.5% on level 3, 2.25% on level 4, and 2.625% on level 5
- Vice Chairmen get the same commission on each level but get 4.5% on level 6
Please note that the unilevel compensation plan is not only the referral bonus that VBit offers. If you would like to learn more about the other referral bonus that they offer then please visit their website for more recent updates. If you are already a VBit Mining affiliate and you need help with building your mining team then feel free to check out our Virtual Assistant Traffic Coop Project. Thanks for reading!