Effective Date: April 2nd, 2025
Last Updated: May 16th, 2025
Overview
MAGAbit is a performance-based Bitcoin rewards platform connected to U.S.-based mining infrastructure. Members, referred to as Independent Bitcoin Owners, may earn Bitcoin (BTC) and/or fiat commissions through their activity within the MAGAbit membership system. This plan outlines how rewards are calculated and distributed.
Disclaimer: MAGAbit is not a financial services provider and does not offer investments, securities, or profit-sharing. Participation is not an investment and rewards are not guaranteed. All bonuses and commissions are based solely on user activity and platform engagement.
1. Membership Structure
Participants must maintain an active monthly membership to be eligible for rewards.
- One-Time Enrollment Fee: $399 (non-refundable after access is granted)
- Monthly Membership Fee: $47/month (billed monthly)
- Membership Benefits:
- Access to platform tools and dashboard
- Participation in rewards programs
- Eligibility to refer others and earn bonuses
2. Fast Start Bonus
Earn a direct commission when you refer a new member who completes their enrollment.
- Bonus Amount: $100 USD per referral
- Paid in fiat or BTC at MAGAbit’s discretion
- Referrer must be active at the time of the referral
3. Binary Volume Bonus
MAGAbit uses a binary team structure. You earn bonuses based on matched volume from your left and right legs.
- Bonus Calculation:
- Matching volume from both legs
- Paid as a percentage of the weaker leg’s volume
- Eligibility:
- Must maintain an active membership
- Must personally enroll at least one member on each leg
4. Matching Bonus
Earn a percentage of the Binary Bonuses earned by your direct referrals.
- Bonus Levels:
- Level 1 (Direct Referrals): 10%
- Level 2 (Their Referrals): 5%
- Additional levels may be unlocked with rank advancement
5. Patriot Loyalty Bonus Pool
An optional bonus pool funded from unallocated operational reserves and promotional budgets.
- Participation:
- Purchase of the Patriot Product ($1,000) = 2 shares
- Each qualifying referral who purchases a Patriot Product = 1 additional share
- Distribution:
- Pool is distributed monthly based on share count
- Payout in BTC or fiat at MAGAbit’s discretion
Note: This pool does not constitute revenue sharing or investment returns. Participation is optional and not required for platform use.
6. Rank Advancement
Members may advance in rank based on team volume and referrals. Rank may unlock additional bonus levels.
- Example Criteria:
- Team Volume thresholds
- Personal referral count
- Active status
7. Important Conditions
- Wallet Responsibility: You must provide an accurate, third-party BTC wallet address. MAGAbit does not custody crypto.
- Active Status Required: All bonuses require an active membership.
- Compliance: Participants must follow MAGAbit’s Terms, Code of Conduct, and Compensation Plan guidelines.
8. Modification Rights
MAGAbit reserves the right to update or modify this Compensation Plan at any time to ensure legal compliance and platform integrity. Updates will be posted on the official website.
9. Need Help?
For questions about your compensation or participation:
Email: support@MAGAbit.us