Bit Earnings Review: a Proven Scam in the Market

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Bit Earnings Review: a Proven Scam in the Market

Bit Earnings is a company that is allegedly performing investment services. However, the venture fails to disclose the activities that they are involved with. Therefore, we cannot conclude whether the firm is trading or mining crypto assets.

The platform claims that it is looking for a profitable opportunity in the market. Moreover, they brag about having experience in the market. The company is only making profits. However, there is no existing proof of anyone who has earned using this broker.

Bit Earnings is a dirty scam that cannot draw a line with what they are offering. The venture does not care about making anyone rich. The money which you deposit in this entity will disappear in thin air. Ponzi schemes target naïve traders with little to no investment knowledge.

If you pay attention to the scam’s profits, you will notice they are not trustworthy. The first red flag with this entity is that they lie about their history. The company states that it made the sight of the market in May 2016.

Unfortunately, this platform is barely a year old. Additionally, if their claims are correct, then the firm ought to have multiple endorsements from traders. The firm is nothing but a fraudulent venture that wants to steal from innocent investors. Review

Bit Earnings allegedly is collecting funds from the public to facilitate its trading activities. The broker state it wants to assist investors makes profits in the shortest time possible. Therefore, they share profits with their clients.

You might find yourself falling for the financial narrative created by Bit Earnings. However, keep in mind that you will never make profits with them. If the company is legitimate, it is not transparent?

They brag about having adequate tools and experts. However, the information of the founder is not available. Hence, we do not know the people behind this organization. Additionally, there are no financial results to validate their performance.

Invest with reputable, legit crypto trading companies that have a history in trading. You can trade automatically or manually, whichever method works best for you. Trading with licensed companies will grant you peace of mind.

Bit Earnings does not conduct investment services. Additionally, they lack trading products. Therefore, give them your money is an easy way to lose it. Investors should keep off and learn from the mistake of traders who have already lost funds.

Bit Earnings Investment Plans and Rewards

The company is accepting funds via BTC, Perfect Money, and Payeer. These methods limit investors from issuing a chargeback. Therefore, once you deposit funds in this dirty venture, you will never recover.

Bit Earnings is a company that has several investment plans. The more funds that you deposit, the higher the earnings. The least amount which you can cash in is $10. The platform promises 20% of profits within 12 hours.

First of all, there is no possible way that such a small amount can yield lucrative offers like this one. Secondly, the duration which the company targets are ridiculous. The firm is a pyramid scheme that uses lucrative offers to attract victims.

Logically speaking, if this platform is capable of generating such an amount, then everyone would be investing with them. Sadly, this is not the case, as they have a low trust score. Investors should keep off this Ponzi scheme.

Regulation and Registration

Like other fraudulent companies in the market, Bit Earnings is not left behind in showcasing their registration form. The platform is allegedly located in the United Kingdom. Acquiring a registration document is easy and cheaper in the UK.

They do not check for credibility, and this is only for taxation. Moreover, what investors should look for is whether an entity is licensed. The Financial Conduct Authority is the body that is responsible for regulating investment ventures in the United Kingdom.

We checked on their database to see whether Bit Earnings is licensed. Unfortunately, the broker is operating on its own accord. Moreover, there is no possible way that this watchdog would permit this scam to run.

The fact is this is an offshore platform that lies about its location to win over traders. Investors will not enjoy fund safety from this company. Furthermore, the firm can change its terms and conditions to suit them.

Unfortunately, when they exit the market, you won’t get your earning or initial capital. Avoid all investment entities that do not have a license. The majority of them are fraudulent firms looking for victims to defraud.

Contact Details

Investors can contact this bogus venture via WhatsApp. Additionally, Bit Earnings has Twitter and a Facebook page. As you can see, this scam is determined to stay anonymous. They do not want to blow up their cover by disclosing their real location.

Without concrete information, nobody can put the con artists behind bars. This is the reason why Ponzi schemes are based in remote areas. The customer care of this platform will only be responsive when they need more funds from traders.

The physical address and contact details are vague. Investors should stick to unregulated companies in the market. Invest wisely, and you will never lose funds to fraudsters. There are multiple genuine methods that you can use.

Clients Complaints

We tried to determine if any traders have earned from Bit Earnings. Unfortunately, the only thing which we got is complaints from their existing clients. Investors are complaining that the company is not paying out.

Several people are counting losses. The company keeps requesting their clients to upgrade their plans for them to earn more. Do not learn the hard way like their former clients refrain from depositing funds in this system.

The company has no intention of making anybody rich. Investing with them will only make their dream come true. The dirty scam is targeting novice traders. Expert traders would never risk their safety with an anonymous firm like Bit Earnings.

Is Bit Earnings Legit?

The entity is not legit, and you will not make money with them. The company features fake statistics on its website. The platform fakes its history and even has the guts to state they are regulated.

Bit Earnings does not offer fund safety to traders. Their absurd investment plan speaks volumes. Suppose you pay attention to the entity projects 1200% in a month if you deposit an amount of $10. It does not sound realistic at all.

The firm is a pyramid scheme that its survival depends on the money that investors deposit. The venture does not conduct any investment activities. The only income is the funds of traders. Once people stop cashing in funds, their website will collapse.

Final Verdict

Bit Earnings is a company that is operating against the law. The platform is not regulated, they feature fake addresses, and investors are complaining regarding the scam. They have multiple rd flags that we have discussed in detail.

Ensure that you invest with credible crypto trading companies. These ventures have served several customers diligently. Moreover, you can view their performance and read testimonials of happy clients.

We do not recommend this platform to the public. There are genuine ways of earning money in the online market. Sadly, this company is not one of them. Your money safety should be the main priority.

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