Bitinvestment.biz Review: Crypto-Trading Pyramid Scheme
Bitinvestment.biz is a new platform that claims to assist new crypto investors in thriving in the digital currency market. The platform owner/ founders remain unknown to the public.
This is a red flag, as there is no transparency of the platform to its clients. The company team is operating anonymously and should not be trusted with public funds.
Bitinvestment.biz has some documents on its site, which supposedly are licensing forms. However, these are bogus materials as they are not featured anywhere in the top regulatory authority.
The platform is run by professional scammers, and as an investor, you should stay away from Bitinvestment.biz.
Bitinvestment.biz began its operations in 2018. The platform is allegedly located in London, UK. They accept funds from all over the world despite being unregulated.
The government is still adjusting to protect its citizens from the cryptocurrency market. It hasn't done much, but they have warned people to stay away from an investment that promises huge returns without transparency.
Newbies and intermediate crypto traders are at high risk of falling for the fake financial narratives that are promised by the HYIP companies.
However, before investing your funds in any online investment, make sure you do thorough research so that you find legit crypto services. Most noteworthy, cryptocurrency sector is not a get rich quick program time is required, like in every other venture.
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Bitinvestment.biz Review
Bitinvestment.biz claims to be another digital currency platform that focuses on trading. The platform has the expert knowledge, and they utilize their skills to give their clients vast returns.
Their claims are logically correct as you can make profits in trading. However, it doesn't add up that they haven't put up any proof to verify their claims.
We do not know how they manage to have high win rates. Bitinvestment.biz has not disclosed the model they utilize in trading.
The platform has displayed the amount deposited by all their investors in the platform. Considering the platform has not been in the market for long, the number they have shown is vague and absurd.
Bitinvestment.biz reveal no trading history on their website. There is no enough data to attest to their claims. How are we supposed to trust them when they do not give us enough info?
Investing in this company is a bad idea and a miscalculated move. Do not risk the safety of your funds just because they promise high profits. Look at the outlaid facts.
Nonetheless, Bitinvestment.biz has no demo account. Hence you cannot test the services of this platform. All the company has tabled to investors are empty promises, which shows their level of fraudulent.
We firmly believe this platform has no link to crypto trading. The platform is run by psychological liars that have mastered the art of conning investors.
Bitinvestment.biz Regulation
The regulatory body is trying every way possible to protect people from scammers. The cryptocurrency sector is associated with many fraudsters. If you are not very careful, they will trick you.
The authority has made it difficult for the pyramid scheme to thrive in the market. They license platforms that adhere to the set protocols.
In the Bitinvestment.biz site, there is an incorporation certificate. First of all, the purpose of displaying such a document is to confuse investors and appear as if they are legit. Seams, like this company, wants to break every law without caring.
The permit is fake as we checked with FCA, and Bitinvestment.biz is not listed anywhere. Therefore, we can confidently say the platform is operating illegally.
You should always ensure whichever platform you are dealing with is regulated. The platform that holds a license is more secure to deal with, and the security of funds is a priority.
Bitinvestment.biz risk criminal procession charges, and this is not a kind of company that you can trust. The platform will never put the best interest of your funds at heart.
Furthermore, pyramid schemes have come up with a new tactic of displaying fake licensing documents to confuse investors and appear legit. Be on the lookout and dig in more information before depositing.
Customer Support
The company has put up contact details on their website. The support of Bitinvestment.biz is available in email and telephone. The company's office address is 5 Catherine Drive, Cardiff, Tongwynlais, Caerdydd, United Kingdom.
They claim that they respond instantly to customers' queries. The platform phone number is +12056870016. Bitinvestment.biz allegedly respond to the customer via WhatsApp. The email address of this company is suppot@bitinvestment.biz.
Given the nature of the pyramid scheme, the chances of getting feedback after depositing funds are very minimal. The support will only contact you when they need more money.
They will convince you with sweet words promising high returns. Do not buy their story. The only thing we can guarantee you will get from platforms like Bitinvestment.biz is huge losses.
Bitinvestment.biz Investment Plans
The platform offers three investment plans to their clients. The first investment plan promises investors a return of 120% after one day.
The minimal and maximum amount of money you can deposit in this pact are $20 and $10,000, respectively. You can also receive a referral commission of 5%.
The second plan yields a profit of 140% after two days. The least amount of money you can deposit is $500, and the maximum amount is $20, 000. The affiliate commission you can attain is 10%.
The third and final scheme is meant for VIP clients. There is no restriction of the maximum amount that you can deposit, but the minimum amount they accept is $1000. You can get a return of 280% after one day and a 20% referral commission.
If you closely observe the returns promised by Bitinvestment.biz, you will quickly realize they are very enticing and relatively too high.
These should serve as red flags, and they should not exist as there is no legit company in the market that will yield such amount within such a short duration.
Referral Program
Just like all other pyramid schemes, Bitinvestment.biz utilizes promoters in the market to help them drive traffic on their website. Without revenue, their platform would not survive long in the market.
Marketers who help Bitinvestment.biz to reach more victims receive a fixed revenue. This creates a conflict of interest. The promoters will create blog posts, videos, and ads to promote the pyramid scheme.
The content they create is to act as validity to the member of the public and assure you the platform is legit.
Do not believe any of their claims, at the end of the day; there are only two parties that will benefit; that is the company itself and the promoter.
You are only a shadow; they will use you and leave you broke and stressed. You should not give a Ponzi scheme any chance if a deal is too good to be true walk away while you still can.
Final Verdict
Bitinvestment.biz is a Ponzi scheme that falsely claims to have 24/7 customer support. The platform also claims to process customer withdrawals instantly.
The investment company is good with words. We have to give them that. Their mind-blowing returns are unrealistic and unattainable.Stay woke and do not fall for the fake narrative as they will only leave your pockets dry.
Making profits via trading is possible, especially if you use the best cryptocurrency investment platforms. All you have to do is avoid suspicious platforms and take your time.
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