BuxMatrix Review – NOT Scam
⇐ Join BuxMatrix! What’s unique about BuxMatrix is that it has a fully functional Matrix so you can have two sources of income. Of course you have to buy your position in the matrix but if you know you can get referrals the matrix part of the site will boost your income. Also getting your matrix position is prety cheap starting at $12 and you also get 2 months of bux upgrade. The administration team has more successful sites that they run well however BuxMatrix is having some problems lately. First of all the only payment processor they use is AlertPay and as most of you know AlertPay is facing some pretty big problems and this can’t be a good thing for the sites using its service. Currently BuxMatrix pays only Gold members, they’re saying that after the end of March 2012 they will start paying standard members again. Also the payment time is 180 business days which is an awful lot of time to wait for your payment. Let’s hope these terms will change for the better, they have to otherwise people will completely loose their trust in BuxMatrix.
Why BuxMatrix is not a scam
1. It’s online since December 2008. One of the most important tests a bux site has to pass is the longevity test.
2. It has a forum. Having a forum is very important and almost a standard thing now as most PTC sites have one. However if a site doesn’t have one or it has but is only viewable to members and not available to visitors it usually means that the site has something to hide and it’s a strong possibility that it will eventually become a scam. http://bux-matrix.com/f/ can be accessed by anyone.
3. Payments are in a resonable amount of time. Usually in 72 hours but if this deadline passes you will be paid in maximum 7 business days. Which suggests that the site is doing well and it has enough money to pay everyone.
4. All members of BuxMatrix are paid. You can find a huge collection of payment proofs in the forum https://bux-matrix.com/f/forum/Payment-Proofs-0.htm however the site only pays through AlertPay so this might be problematic.
5. It generates enough income from the sale of each ad to pay the amount promised to its members. The cost for 1000 clicks is $11 out of which $6 are paid to standard members. Of course for premium members more is being paid out ($12) but thats’ a whole different story as there are so many variables with premium memberships.
What we don’t like about BuxMatrix
1. They have increased the minimum cashout to $5 due to an increase in cheating and heavily violations of the ToS. However by the end of May things should be back to normal and the minimum cashout should be $2 again. May 27th update: It’s the end of May and they have lowered it to $4
Why BuxMatrix may become a scam
1. AlertPay is the only payment processor and it is facing problems and if the only payment processor used by the site has problems most likely the site will have problems.
2. During February and March of 2012 payments were sent only to Premium members and the payment time is 180 business days which speaks by itself.
|Do you need to click daily to get referral credit?||Yes, this is how is calculated: The maximum that you will receive is twice the clicks per referral on the day after your clicks. So if you have clicked 5 ads yesterday and you have 20 referrals you wil get credited maximum 200 clicks.|
|Direct referral limit||No referral limit, however some limitations apply: up to 20 refs you get $0.002 per fer click 20 up to 100 refs you get $0.001 100 up to 500 refs you get $0.0005 over 500 refs you get $0.0003|
|Rented referral cost||Renting is now available|
|Upgrades range from||$12 – $48|
|Minimum cashouts||The first cashout is minimum $4.00. After your first cashout your next cashouts are minimum $10.00.|
|Payment time||Usually under 72 hours. If this deadline is exceeded it will not take more than 7 business days.|
|Advertising cost for 1000 ads||$11|
|Number of Daily Ads||$ For Ad Viewed||You With No refs/Month||Referral Earnings|
|$ For Referral Ad View||Rented Ref Pays Itself||You+10 Refs per Month||You+50 Refs per Month|
|$0.002 Above 20 referrals rates are smaller, see the Facts table||Renting now available||$3.00||$9.25|
Important note: All of the facts and earnings in this BuxMatrix review are for Standard Memberships only. BuxMatrix Premium Memberships are greatly improved and have greatly increased earnings. Although upgrading is a good idea you should always test before you invest and never invest in new sites because you risk loosing your investment.