Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
What Is Infinity Loops?
Infinity Loops is a crowdfunding platform that enables its members to raise funds in terms of medical bills, mortgage, or their specific businesses. All that is required of the user is the activation of their pay center followed by the invitation of two people to participate in the Infinity Loops system where the user is paid per member, per each level.
For members to get started in the system, they need to have in their possession funds as low as $30, which is the admission and activation fees amounting to $5 and $25 respectively. The platform currently accepts Bitcoin as a payment and payout processor.
With the platform, the user is not only a giver, but being a member on the platform gets a 2×2 follow-me system, which means that the people that they refer to the system follows them all the way to the system and thus gets payment over and over again. Once the 2×2 system is completed, the user gets a re-entry automatically to the pay center.
In the case that the referral upgrades to a higher level that the user is not part of, the sponsor of the user gets the payment. When the user later upgrades, and their referral re-enters the system, they begin to fall under the user allowing the user to receive payments directly. The platform contains a total of seven levels with payout amounts that are different at each level with different contribution amounts.
The platform users need to ensure that they have a sponsor in their back offices during the process of signing up in the system before the activation of the pay center. This ensures that all members are catered for and are able to raise funds. The platform conducts its payouts on a daily basis and during its business hours that is from 10 AM to 10 PM EST.
How Infinity Loops Cryptocurrency Program Works
Members register their details on the platform and then click on the deposit section available on the left menu in the system. The user then enters the amount of coins they wish to use in the system and then proceed to pay it through the bitcoin address that the platform's processor, Coinpayments, provides. The user logs into their wallet and sends the specified amount of bitcoin.
Once the system confirms the transaction, the users balance will automatically update in a period of five minutes after making the transaction. After the update of the balance, the user may click on the ‘activate position’ section and thereby select the pay center they wish to activate.
Infinity Loops Benefits
Low Startup Fees
The platform does not require a lot of money for users to start their crowdfunding. All they need is the admission and activation fee, which only amounts to a total of $30.
Continuous Payout
The payout by the platform is done on a daily basis during the platform's working hours, meaning that users will always get paid for their funds whenever it is needed and provided. Withdrawals by the user are also supported through their bitcoin wallets.
Re-Entry
The user usually gets a re-entry back to the system when the 2×2 system is complete, allowing them to continue with their crowdfunding. Each of the seven levels offered by the platform supports the re-entry by the members.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.