Hey! Welcome back to cryptoscam for another genuine review on the Crypto Bit-Trade site that claims to be a legit way of earning money through Bitcoin.
Starting off, as we have seen on many other sites, there is no pop-up video once you open the website, but don’t think you won’t find this kind of misleading video just below. Of course, they couldn’t live without it. And more so, there’s not just one, there’re three videos! They, like many scams, start talking about how great bitcoin is and how their platform can become a sustainable source of income for you. Keep reading more and you’ll find out how far this scam goes.
Crypto Bit-Trade is, as they assert themselves, comprised of the highest quality financial sites and that within their platform they will provide you, their members, with analyses and much more.
They offer some “unique advantages” that will do a lot for your bitcoins. Well, obviously they can help you lose them or just steal them from you.
This scheme claims to be “100% automated” and provides you with “1% passive daily income”. In addition to that, they say that users can also earn 5% to 30% binary bonuses by referring people to the platform. Third party sites will be able to get your information as is stated in the terms and conditions. Also, there is the fact that you will get a 0% refund on your investment and that just takes it further in understanding how harsh of a scam this is! That’s just the beginning! Just read the terms and conditions and see for yourself! They offer you packages of all different kinds, but when you try to click the link, of course it does not work.
Crypto Bit-Trade has no products or services for retail, with affiliates being the only ones able to market Crypto Bit-Trade through the affiliate membership itself.
Once signed up, Crypto Bit-Trade affiliates gain access to Crypto Bit-Trade’s Academy. Crypto Bit-Trade offers some type of online guide on Bitcoin. The topics are basic and include things you can find anywhere else on the Internet. The makers claim to have “searched far and wide to bring you the best publicly available educational content on digital currencies”, although it’s nothing unique.
Like similar bitcoin scams, you’ll need to pay a hefty fee to join Crypto Bit-Trade. Membership fees range from 0.05 BTC ($200 USD) to 16 BTC ($65,000 USD).
You’re basically giving this company your money, and then expecting them to give you 1% daily returns, because it was guaranteed. The more you pay, the higher your binary bonus will be.
Again, there’s no proof anyone has received actual money from Crypto Bit-Trade in exchange for their membership fee, or that they pay anywhere close to their promised returns.
In terms of refunds, Crypto Bit-Trade has no refund policy whatsoever. Once the company has your money, there’s no guarantee that you’ll ever see it again.
All we have is one email address: firstname.lastname@example.org. Aside from that, the company refuses to disclose any information about who’s running the scam.
The only other “clue” we have is that the domain was registered on May 7, 2017. It was last updated on August 2, 2017, which is when the site appears to have been filled with Crypto Bit-Trade content.
Crypto Bit-Trade makes a victim out of their users and any kind of recovery of funds is extremely difficult, if not near impossible. Bear that in mind when you’re handing over your hard-earned cash.
For more information on cryptocurrencies, you can keep checking us out on Cryptoscam and don’t forget to take a look at our YouTube channel and subscribe to be the first for the latest news!