Forsage BNB Review 2021: Is Forsage BNB Smart Contract Legit Or A Crazy Scam?
What is Forsage
Forsage is an international community and a global decentralized marketing ecosystem, powered by revolutionary smart contract technology built on ETH and TRX
Forsage BNB Review
The Forsage BNB smart contract is a peer-to-peer smart contract that’s 100% decentralized. As the name implies Forsage BNB smart contract uses the Binance Smart Chain Cryptocurrency.
All you need is 0.05BNB + gas fee which could equal to 0.054BNB approximately (N5500 to N7500 in naira, and $16 in USD) to register on the platform.
Forsage BNB is decentralized this means as you earn from your marketing, you receive your profit immediately in your wallet.
Learn more in a video by Lado Okhotnikov, one of the authors of the FORSAGE idea.
Features of Forsage BNB Smart Contract
The forsage BNB contract is divided into three parts:
- Forsage X3 and X4 (0.05BNB)
- Forsage xXx (0.05BNB) optional
- Forsage xGold (0.1BNB) optional
Each of these parts have 12 levels, upgrading to a higher levels means you will have the tendency to make more money from your marketing, and upgrading to a higher levels is not compulsory.
The Forsage BNB X3 and X4
- The Forsage BNB X3 is the referral matrix, that means you earn as you refer.
- The Forsage BNB X4 is the team matrix, which means you earn from referrals, spillovers (earning from your upline), and overflows (earning from downline).
Meanwhile, Upline means the person that referred you into the contract while Downline means the person you referred into the Forsage BNB smart contract.READ Vitae Token Price Prediction, Review, and How to Buy
The Forsage BNB xXx and xGold
The Forsage BNB xXx and xGold is known as the global matrix. In this section, earnings can come from literally anywhere. All you have to do is to ensure that you are on a good team to get the full benefits of the Forsage BNB smart contract.
How to buy BNB for registration in Forsage BNB
Forsage BNB works on Binance Smart Chain and requires to have BNB BEP-20 format in your wallet for registration.
There are 3 simple ways to get it.
1. Trust wallet
A decentralized wallet from Binance exchange for mobile devices.
Thanks to the integration with the Simplex provider, you can buy BNB inside your wallet using VISA / MasterCard card. Apple Pay is also available for buying crypto.
When buying from a card the commission in Trust Wallet can reach up to 12%. At the same time, the minimum purchase amount from a credit card is $50, the maximum is $20,000.
In Trust Wallet, the BNB coin of BEP-20 format we need is called Smart Chain (BNB)
Also, inside the wallet, you can buy another cryptocurrency (BTC, ETH, etc.) and swap it to Smart Chain (BNB).
2. Token Pocket
An easy-to-use, decentralized wallet that supports a lot of blockchains, including BSC. The wallet has many functions: transfers, trading, conversion, asset management, DApp store, etc.
If you already have TRX or ETH on your wallet, you can swap it to BNB.
For example, TRX-BNB. The minimum limit of TRX for one swap is 1500 TRX. Maximum — 30,000 TRX.
1) Go to the Market tab, then click on the Token Swap section.
2) Then chose which crypto you want to swap (in our case it is TRX).
3) On the other side choose BNB (Smart chain)
4) Enter the amount
5) Choose the receiving address from the list.6) Click on the swap button.
3. Binance Exchange
If you have already had an account on Binance, you can buy BNB on the exchange.
A simple registration procedure and the ability to purchase cryptocurrency with fiat will allow you to buy BNB and send it to your decentralized wallet.
Over 70 BNB trading pairs are available on the exchange. The withdrawal limit per day without KYC: 2 BTC.
Binance withdrawal fees for BNB:
Is Forsage BNB Scam, Legal or illegal?
• BEP-20 (BSC): 0.0008 BNB
• BEP-2 (BC): 0.001 BNB
When withdraw make sure you send coins to the Binance Smart chain network BEP-20 and wallet address start from 0x…, not BnB
To put it simply, itʼs neither legal nor illegal. This is because FORSAGE.io does not need to be regulated or be approved to operate online since it is free from government control due to its decentralized nature. Fact is, it is not a corporate entity or company. It does not do business transactions between parties as an MLM company would.