FAQs

What is BITCOIN HIVE?

BITCOIN HIVE is a donation exchange platform where members can create an income from our affiliate system. Members receive products on BITCOIN HIVE website. The packages are paid exclusively on peer to peer basis we do not hold any funds in the system. BITCOIN HIVE is a non-profit organization and our platform can be used to raise funds for various causes: personal, family, charities, nonprofit organizations, schools etc.

How does the BITCOIN HIVE affiliate program work?

When you join BITCOIN HIVE you join a community of like-minded members. You get the opportunity to willingly donate to member and you in turn can get willing donations from people you invite to become members.

As an affiliate you have a referral tree (downline and upline) based on a binary matrix type of compensation plan. It is a 2x4 matrix (which means you start with 2 people on your first tier and it goes 4 tiers deep). Each member earns 100% commission donated directly from the members in their downline. The commission is donated when a member purchases a package and BITCOIN HIVE does not charge any extra fees to the members, all package upgrades are donated to a member in your upline.

How do I join BITCOIN HIVE?

Ask the person who invited you to provide you with their own unique invite link, use that link to sign up. If you were not invited by anyone, simply sign up from the home page.

Is BITCOIN HIVE available worldwide?

Yes it is. BITCOIN HIVE is available to anyone with an internet connection and a Bitcoin wallet.

What pay processors are used?

Only Bitcoin is used.

Can I have more than one account?

Yes you can have up to a maximum of three accounts (each account should have a valid e-mail address and unique username) but stacking them is not allowed. Stacking is when you create another personal account under your first account and it is unethical practice. Stacking accounts may get all your accounts blocked.

Are there any refunds?

No, there are no refunds. BITCOIN HIVE is a donations platform where members willingly and freely donate to each other and BITCOIN HIVE has no control over the donations and transfers between members.

I don't have a bitcoin wallet where do I go to open a bitcoin wallet?

We highly recommend www.greenaddress.it for security and ease of use with our auto confirmation system.

Does BITCOIN HIVE offer products?

Yes, BITCOIN HIVE offer quality products that can be found in the member back office.

What are the Tax implications?

Affiliates are Independent Contractors, you are responsible for keeping your own record of sales and earnings and are solely responsible for reporting and paying taxes from any payments received, where applicable.  Since we are worldwide and the reporting varies depending on the country, we do not report to any of the tax reporting agencies. If you have questions or concerns regarding payments you may receive, you should discuss this with your tax accountant or attorney.

Are you allowed to upgrade even though your level is not filled up?

You can upgrade at any time, the sooner you are able to the sooner you know you will not miss out on any donations.

Do I receive my own unique link?

Yes, your unique link will become available in your back office when you make your first donation and reach Hive 1.

Why are my downlines upgrading to my upline instead of to me?

It is best to upgrade as soon as you are able to, if you don’t, you will miss payments for the levels you have not upgraded to. Everyone can have their own unique experience in the system. Always ensure that you stay one Stage up from any of your downlines.

When will I receive members underneath me?

As soon as you promote your unique link and members sign up under you. Your success is determined by your time and effort you put into the system.

Are there any fees payable to BITCOIN HIVE?

There are NO fees. BITCOIN HIVE is a Member-to-Member (Peer-to-Peer) direct donation platform. The platform is made available World-Wide, free of charge.

Why does my referral link show up with BITCOIN HIVE when clicked on and not show my name?

There can be several reasons for this.

1. Please make sure you are signed out and there are no other tabs open.

2. Use the link of the person you want to sign up under

If the problem still persists, you need to clear your browsing history (including your cashe and cookies)

How long do I have to wait for my transaction to be recognized and confirmed by the system?

Time for completion of bitcoin transaction can vary from a few minutes to hours sometimes, so do not be alarmed if you need to wait for a while on some occasions. It is common for the Blockchain to receive thousands of transactions every hour and to take longer to receive the confirmations.

Where do I find the transaction Hash ID?

Go to https://blockr.io then paste the wallet address you just paid to in the search bar. It will show you the last transaction which should be yours and the Hash ID is listed there.

 

 

 

BITCOIN HIVE is a Peer-to-Peer direct donation platform and is made available World-Wide FREE of charge

with NO admin fees.

Donations are not collected by the Administrator nor are they automated by the system.

Donations are sent directly from member to member.