Welcome to my review – What is myBitcointube
Get paid for watching Youtube videos. You will need to buy Adpacks to make this work. So if you read my review you will be able to comprehend what you need to do.
Since doing this review mybitcointube has been classed as a phishing website. See the screenshot below.
My goal as an online review and article writer is to research products, programs, and services to help you avoid get-rich-quick scams and find genuine money-making methods that actually work and the ones that don’t work.
I would like to thank you for taking the time to read my review and using your due diligence to do your own research into any kind of program like this that claims you can make money online.
It is also a good idea to be aware of scams and bogus programs that claim they can help you to make money online.
There is a good article here you can check out: How to tell if a website is safe and legitimate.
This is an independent review with my honest and open opinion. I have joined myBitcointube so I can do this review in more depth.
I would also like to inform my readers about my review What is my bitcoin tube whether or not it is a legit program to join. Or if it worth your time and effort.
*This post may contain affiliate links, which means we may receive a commission if you make a purchase using our links below at no extra cost to you. Disclaimer.
Website: MyBitcointube Website
Price: Free to Join – Free Members Free – Premium Members $19.90 per month
Who is it for: Users who want to GPT (Get Paid To) watch Youtube videos
Product Type: GTP (Get Paid To) watch videos
Scam: YES (MyBitcointube goes to a phising site) Go there at your own risk!
What Is myBitcointube?
The myBitcointube platform is a place that you can make money online by watching Youtube videos. You can also advertise your own opportunities and offers once you have accumulated enough Bitcoin Video Points.
But before you think WOW can I really get paid for watching Youtube videos. You will need to open a Bitcoin Wallet Account.
The reason being that you will need to type in your Bitcoin Wallet address (as you can see from the screenshot below) when registering, as myBitcointube only pay you in Bitcoins.
But opening a Bitcoin Wallet is a little more complicated than you may think. In my research about opening a Bitcoin Wallet, I found the following link below to be the easiest website to explain how to do it.
What is myBitcointube – Getting Started
Once you have your account set up the first thing to do is to start watching bonus videos.
You will see that each Bonus Video gives you 10 BVP (Bonus Video Points.) You will get 10 videos per day adding up to 100 BVP per day. (Bonus Video Points).
Plus lottery entries.
It will take 16 days to reach the level where your account will be eligible to receive paid videos as a free member. Those paid videos will be available on day 17.
The design of the system is that the server checks your BVP prior to issuing paid videos for the day, it will also deduct 200 BVP’s when it issues those videos as a free member. As a premium member, the 200BVP’s will not be deducted.
Simply claim your bonus videos to gain 100 BVP. Do not miss this opportunity as your points will drop from 1,600 to 1,400 and then regain 100 by watching the bonus videos. It means, the next day, you will not get paid videos as you are below 1,600 BVPs. The limit for paid videos is 10 per day.
If you are at the beginning stage of earning on this site, your paid videos will add up to $0.10 per day.
If you wish to earn higher-level paid videos, you will have to purchase ad packs, which will give you both banner ad impressions and YouTube video views. On those, you can advertise other sites and offers as the viewers are all from this make money online opportunity.
|Price Per AdPack :||$ 1.00|
|Video Credits per Adpack :||100 YouTube Views|
|Banner Credits per Adpack :||50 Banner Clicks|
|Bonus Video Points per Adpack :||2700 Bonus Video Points|
|Total ROI :||150% Premium / 135% Standard members|
What Are The Different Groups For Within myBitcointube?
As you progress and start earning more BVP then you can start climbing up the group’s ladder. The higher up the group’s ladder the more BVP you can earn.
In addition to paid video ads in circulation, there is generally a daily video ad issue where you are most likely to receive the highest value video ads for the amount of BVP you have. To earn more in the daily video ad issues, climb the BVP groupings below:
Group 1 …….. 1600 to 12000 BVP ( 1.8% of total funds shared with members in this group )
Group 2 …….. 12000+ to 24000 BVP ( 2.7% of total funds shared with members in this group )
Group 3 …….. 24k+ to 48k BVP ( 3.5% of total funds shared with members in this group )
Group 4 …….. 48k+ to 96k BVP ( 6.0% of total funds shared with members in this group )
Group 5 …….. 96k+ to 180k BVP ( 8.0% of total funds shared with members in this group )
Group 6 …….. 180k+ to 360k BVP ( 11.0% of total funds shared with members in this group )
Group 7 …….. 360k+ to 1m BVP ( 13.5% of total funds shared with members in this group )
Group 8 …….. 1m+ to 5m BVP ( 14.5% of total funds shared with members in this group )
Group 9 …….. 5m+ to 15m BVP ( 16.0% of total funds shared with members in this group )
Group 10 ……. Over 15,000,000 BVP ( 23.0% of total funds shared with members in this group )
The more Video Points you have the higher your value video ads will be, you can earn up to $210 per view, or if you are in our freebie area you can earn watching videos starting from $0.005 per view.
Withdrawing Bitcoins to your wallet
Any Bitcoin that you earned can be withdrawn immediately. Once your account balance contains $10 and more, just type the amount you want to withdraw. Your request will be processed by their API. And your bitcoins will be in your wallet within a few minutes, depending on blockchain network frequency.
|Minimum Withdrawal||$ 10.00|
|Maximum Withdrawal||$ 500|
|Your Balance :||$ 0.0000|
|Network Fee :||$2.00|
|Your BTC Address :|
As you can see from above there is a network fee of $2.00 every time you withdraw. So if you decide to withdraw the minimum withdrawal of $10 you will be paying $2.00 of network fees so that means you will only be getting, in essence, $8.00.
To avoid keep paying the $2 network fee you would be better waiting until you have a substantial amount to withdraw to your Bitcoin Wallet.
Once you have withdrawn your Bitcoins to your wallet you will want to cash them in for real money. Below is a good article about how to convert your Bitcoins to dollars.
Of course, there are companies and stores that trade in Bitcoins also. You will find some good advice from the link below.
As I mentioned earlier in this post you need to watch 10 Bonus Videos a day to earn 100 Bonus Video points per day until you reach 1600. Then you will start to receive paid Youtube videos. That means watching Bonus Videos for a total of 16 days.
To get a better perspective of how mybitcointube works I joined and watched Bonus Videos for 8 days. At this point, the website went down for maintenance.
It took a couple of days for the website to be up and running again. But when I logged into my account there were no more bonus videos to watch, as the actual link had been removed. Also, my bonus video points had been set to zero.
However, after I emailed them and logged in a couple of days later I had 10 paid videos to watch at 5 cents each.
After this, I did not receive any paid videos either in my inbox or on the site dashboard itself. And the bonus video link was still removed to be able to get me back up to 1600 bonus points.
So in my opinion, unless you buy Adpacks you will not receive any paid videos as your account is under 1600 bonus points.
So after trialing mybitcointube I do not believe that you can make any cash for watching videos unless you buy Adpacks.
Do I recommend this program?
How I Make Money From Home
Although mybitcointube did work once and paid me in my account at least. I have not tested whether or not you can withdraw your Bitcoins into your Bitcoin Wallet.
So in essence, unless you buy Adpacks you will only be earning cents for watching Youtube videos. This is not a passive income as you still have to trade your time for cents.
To be able to make a passive income you need to have your own business model.
My business model is affiliate marketing. Where you can make real money promoting real products that people want to buy. All you need is a computer or laptop and an internet connection and you can easily work anywhere.
To become a success at affiliate marketing you will need to learn everything there is to learn.
That is why I recommend my No.1 affiliate marketing training program Wealthy Affiliate.
If you are interested in learning all there is to learn on this subject you can click on the link in the box below.
I hope you found my review – What is mybitcointube informative enough to give you as much insight as possible so you can make an extremely informed decision when deciding whether or not to use this program.
If you have any questions please feel free to leave a comment in the comments area below. Or if you would like to contact me privately you can use the contact me form or the ask me form.
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