Frequently Asked Questions
What is MyBtcLife?
MyBtcLife is a non-profit organisation and our platform can be used to raise funds for various personal causes: family, charities, nonprofit organizations, schools etc.
How does the MyBtcLife Affiliate Program work?
As an affiliate you have a referral tree [downline and upline] based on a binary matrix type of compensation plan. It is a 3x4 matrix [which means you start with 3 people on your first tier and it goes 4 tiers deep]. Each member earns 100% donations paid directly from member to members in their downline. The donation is paid when a member send donations to his uplines and MyBtcLife does not charge any extra fees to the members, all donations are paid to a member in your upline.
How do I join MyBtcLife?
It is a simple process where you ask the person who invited you for their unique link that will take you to the sign-up page. You will need to have an email address [we recommend using Gmail] a Blockchain Wallet account [we work with Blockchain because it is the official Bitcoin provider] and we also ask that you add your Facebook account too so we can be in touch and contact you easier about updates. We use our Facebook Official page as our members support system.
How do I make a payment?
We are entirely Bitcoin operated. Upgrades are sent directly from your personal eWallet to another member's wallet. Upon completion of your payment, you are required to provide the HASH ID of this transaction which is your receipt and proof of it being completed. Every transaction is recorded on the official Blockchain of Bitcoin, therefore the security and reliability of this system is best fitted for our program and our members. Preferred Bitcoin eWallet provider is the official Blockchain Bitcoin eWallet for best compatibility with our system.
Where do I open Blockchain Bitcoin wallet?
Is MyBtcLife available worldwide?
Yes, it is and all you need is an Internet Connection and Bitcoin wallet.
Can I have more than one account?
Yes, you can have more then one account in MyBtcLife.
Are there any refunds?
No refunds because MyBtcLife is a donations platform where members willingly and freely donate to each other and MyBtcLife has no control over the donations and transfers between members.
What does the “Due date” mean in the Back Office?
It means that your next payment for that level is due. Each level you upgrade to has to be renewed to get paid again on those levels.
Will MyBtcLife make a profit from user’s upgrades?
No, MyBtcLife is a nonprofit organization and it does not make any profit from its activity.
Do I only upgrade to the next level after 90 days?
You should upgrade as soon as you have enough earnings for next level so you don’t miss out on donations from your downline for that level.
Why did I miss a payment?
If a member in your downline upgrade to a higher level than the one you have, their donation will be allocated to an upline member who is already at that level. Thus their donation will not reach you since you had not upgraded to that level prior to their upgrade.
Why does my referral link show up with Administrator when clicked on and not show my name?
Make sure you are logged out from your account or clear your cookies in your browser settings.
Do I have to renew my subscriptins?
Yes, you renew your subscriptions to get paid again on those levels. You have to renew level 1 upgrade in 90 days, level 2 in 100 days level 3 in 120 days and level 4 in 180 days.
Where do I find transaction Hash ID?
Go to https://blockchain.info/ then go to the search bar on the page and paste the wallet address you just paid to. It will show you the last transaction which should be yours and its hash ID is listed there. You can find more about this on our Tutorials Page.
How long do I have to wait for my transaction to be recognised and confirmed by the system?
Time for completion of bitcoin transaction can vary from a few minutes to hours soemtimes, 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.
Do I have to donate 0.03 bitcoin every 90 days?
Yes, you have to renew level 1 upgrade in 90 days, level 2 in 100 days level 3 in 120 days and level 4 in 180 days to get paid again on those levels.
Why the system says Hash ID already used when I submit my Hash ID ?
Refresh the upgrade page and check if you are upgraded to the desired level and also make sure you use only Blockchain for all transactions.
MyBtcLife is a free platform available worldwide. There are no Admin fees or any hidden fees. MyBtcLife is person to person (peer to peer) direct donation platform. The donations are NOT collected by the administrator, nor are they automated by the system. The donations are send directly and personally from one member’s Bitcoin wallet to another member’s Bitcoin wallet. The system is designed in such a way that it can be used by charities, nonprofit organizations, fundraisers, schools, family, personal needs etc.