Today i got a letter from them about payments this is what it said :
Payment Instructions
Dear *****, BitGold pays their affiliates in gold grams!. Your gold grams will be credited into one of our world wide vaults, in this case Toronto. Your conversions will be displayed in canadian dollars and then will be converted in gold grams when credited to your account. Your gold is fully redeemable to your bank account or our Prepaid Card. To be able to redeem your commissions please follow these easy steps: 1. Please create a Personal BitGold account at
www.BitGold.com 2. Upload your government-issued photo ID to your BitGold profile: - Login to your BitGold account - Click on your name in the top right corner and click "Settings" from the drop-down list - Select "Identity" from the menu on the left. You will be able to upload your ID. Please ensure that the image of your ID is in a .jpg or .png format and that the image is large, clear of any obstructions, and legible. 3. To redeem your commissions you have two options: via bank wire or through our Prepaid Card. To link your bank account to your BitGold account please follow these instructions:
http://support.bitgold.com/customer/portal/articles/******-linking-your-bank-account-to-bitgold?b_id=**** The most convenient option will be to request our BitGold Prepaid Card in which you will be able to redeem your gold to the card and spend the funds anywhere in the world at any point-of-sale that accepts major credit or debit cards and ATM machines!
Interesting this is what they sent me this month on the 18th:
Dear BitGold Affiliate,
We hope this email finds you well. As we have
eluded to previously, we are making some changes to the Affiliate program to ensure a better user experience for all involved. These updates are complete and will be effective as of September 1, 2015 at 12:01am.
About BitGold:
As you already know BitGold is a unique and innovative platform that allows users to save and make payments in gold. Popularly viewed as an alternative savings account backed by gold, the metal that has survived 6000 years as a powerful monetary instrument.
Affiliate Resource Update:
We are excited to announce we are building a separate resource website for our affiliates to better communicate the positive impact BitGold and gold ownership can have for both our affiliates and their potential leads. This website will offer useful marketing tools for your use such as videos, articles, content topics, etc as well as a community center for BitGold Affiliates to communicate with each other.
Offer Update:
We are constantly optimizing our commission structure to ensure all verified BitGold affiliates are properly compensated for quality referrals. We believe this structure will further reward hard working affiliates who are driving great traffic and users to the BitGold platform.
Default offer - Account Signups- $5CPA Canadian
Active/Deposited Customer - $35 CPA Canadian
Payout Bonus Tiers:
0-250 leads No bonus
251-500 leads - 10% bonus on top of total payout
501-1000 leads- 17.5% bonus on top of total payout
1001 + 25% bonus on top of total payout
Mobile Offer:
$2 CPA per app download. IOS & Android only with SDK tracking.
These offers will be effective on September 1st, 2015. Until then the current CPA offer of $5 for account signup will remain as the only offer.
Payout Update:
Payouts will be made BiWeekly. First payout of the month will take place on the first or second Business day after the 15th day in a given month, and the second payout will take place on the first or second business day after the last day in a given month.
For fast and easy access to your payouts we recommend you go to BitGold.com and request your BitGold Prepaid Card. This way when we pay your commissions you can instantly transfer to your Prepaid MasterCard and start purchasing goods or withdrawing cash with no waiting times.
Support Update:
Starting September 1, 2015 BitGold affiliates will have fulltime email support on any questions or inquiries to
bitgoldaffiliates@bitgold.com and
https://www.facebook.com/BitGoldAffiliates.
Please do not contact the BitGold Customer Service line. They will direct you to the email address above.
We are proud to have you in our BitGold family. Smart affiliate partners who really understand what sound money is and how it can improve the life of millions of people.
Thank you!
BitGold Affiliates Team
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From my view scam scam scam. So first you offer $35.25 per sign up (Tier 1 Countries) Then out of nowhere they just didn't pay out the funds to everyone and then just came up with " ooh we'll pay you 5 CAD PER SIGN UP". Like how do you go from almost $30 a sign up down to $3 and change and think someone was going to say " wow can't wait!". Unbelievable.
Then you only pay out "some" affilates and the rest get 20% of our money not to mention fees for transferring out "wire" when a bitcoin option is right there and conveniently shaded out as "coming soon".
Then of course "ooh look the card is now available" which was really a tactic to make affiliates wait a few more week so 2 months to get 18% of their money through a card that was going to have more fees so we're down to maybe 10% payout when it's all said and done?
They robbed me of a month and a half of time I'll never get back, respect from friends and family that I tried to get in and of course they screwed over my own mother. NOPE.
This was probably the worst scam ever as they appeared so incredibly legitimate and ran their free bit gold acct scheme at the time many of the other bigger names ran their promotional affiliate acct programs like Capital One and Netspend.
Even when I went into "redeem" just to see if I could use bitcoin it gave me some vault way out in Dubai. I'm thinking umm there's one here in the states so what's this about?
To thwart the negative reviews that started popping up I noticed in the same week they started their own aggressive BitGold campaign where no matter what site I was on I couldn't stop that "payment and services" stench from unclogging my screen. Even youtube gave me their campaign while watching some silly cat video. ???Uggg