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BitinForex is an alleged platform that provides Forex and Bitcoin trading services. The platform was registered in December 2018.
The company is, unfortunately, a pyramid scheme that you should not trust with your cash. The company has links to CoinFinexx and Top10Cap platforms which is shady too.
To get a glimpse of how it works , you will require to have an understanding of the connection between CoinFinexx and Top10Cap. If you don’t, then you will be in the dark the entire time.
Top10Cap is a company that was established in the year 2018. They are the team behind TPX digital currency. They held an ICO the same year and their coin average cost range from $1 up to $16 per coin.
The only currency that you can deposit money through is via TPX coin. Now, do you see the link between these two platforms? The company is just promoting the operations of Top10Cap.
The currency is not available in the market. You can only use TPX coin in Top10Cap or BitinForex platform. The digital currency is not tradeable on other exchanges; neither is it useful outside these two companies.
BitinForex does not perform any investment services. The company survives in the market through its affiliate program.
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The firm requires its clients to promote their membership packages to other people for you to make an earning.
The company does not offer any Forex trading services; they only deal with a referral program.
The company indicates that its investment plans take a period of 6 months to mature. Investors will, in return, receive a gain of 600%.
The company release funds as they come to the platform. If there are no deposits made by the alleged users’ the company will be out of operation.
Using grid trading bot us straightforward as the bots are easy to customize and implement. These bots offer an easy configuration for traders. You get the best out of trading with the help of well executed orders by customizing some of these bots.
Traders can quickly return profit margins thanks to small and large price movements. Robots are aware of such shifts and will make incisive decisions to make sure the bots work effectively. These create win margins for both short and long term trades.
No matter the class of trader, anyone can use these trades and hence offer the best in terms of authenticity. These are bots with an easy to use interface and standard educational materials and tutorials.
Traders have the chance to build custom robots that fit their preferred trading styles and suits their markets. And this gives traders more power in what aspects of the robots can act and information retrieved.
These robots have a low error rate which means chances of incurring huge losses are minimal at best. The bots do what they are programmed to do, and that’s to make profit for traders, you need to get your hands on such bots.
These bots remain disciplined even when there’s a shift in market conditions and asset pricing. And this ensures there’s faithful execution in all aspects of trading keeping the trader profitable no matter the market conditions.
These robots ensure there’s improved order entry and help execute trades promptly. Orders get generated as soon as the platform offers traders the best in terms of authenticity and reward. All you have to do is get authentic bots for your trading needs.
BitinForex offers daily returns of 2% to their clients. The more money that you deposit, the higher the earnings that you will receive.
The claims are shared with multiple Ponzi schemes. They promise higher earnings in their most top tire to lay their hands on your money.
It would be best if you did not buy their narrative. Invest with real Forex trading companies that will help you attain real-time returns.
BitinForex does not unveil who their founder is. The owner is running the show of this pyramid scheme behind the scene.
Anonymity is not something that an investment platform should uphold. Investors have the right to know who is handling their money.
Transparency is key when it comes to this kind of investment. Pyramid schemes tend to hide their ownership information to avoid being traced by the relevant authority in the industry.
Do yourself a favor and keep off this company to avoid losing your money. Invest in platforms that share information regarding their team.
Legit companies will be proud to showcase their founder with their team. They are indicating the qualification and the knowledge that they have in the market.
We can’t see any reason why a platform shies away in providing this data if at all, they are offering investment services
.
BitinForex states that their investment services are free of charge, and anyone can join despite having no prior knowledge in the market. For investors to enjoy the full package of the companies’ goodies, they have to upgrade their plan.
The least amount of funds that you need to cash in is $50. The amount must be converted into Top10Cappoints. The business model that this platform uses is shady and complicated.
You might be wondering where you can trade TPX coin if it is a useless currency in other exchanges. When both pyramid schemes that are Top10Cap and BitinForex, they have come up with another company by the name Coin Finexx.
Traders should not confuse this infamous platform with CoinFinex. The company has deliberately selected the CoinFinexx name to confuse traders. Since the company they are imitating is a well-known exchange in the market.
There is no link between these two exchanges. The pyramid scheme is well aware that the majority of investors do not perform thorough research on a company before investing their money.
They use all means possible to confuse, and scam naive investors. The three companies work together to scam their clients only that they use a long process to do it.
The fraudulent company uses an internal exchange to steal as much as they can. BitinForex state that they generate their high profit by using an Artificial intelligence software that trades in the digital currency and Forex industry.
The company does not have any evidence of having a trading bot. We highly doubt there is any form of investment taking place in the platform, as all evidence points that the company is nothing but a Ponzi scheme.
Bitinforex.com is a company that is operating against the law. The platform is not registered by any government on land or in the world.
We checked with various financial regulatory bodies like FCA, CySEC, and ASIC, but the firm did not appear in the list of their certified companies.
Trading with unregulated entities is dangerous as the firm may exit the market without your knowledge. BitinForex has not revealed its location.
In their platform, they do not feature any contact detail that you can use to contact the support. It is only shady companies that operate in this manner. It would help if you were extra careful with platforms that have a similar characteristic.
When you have any queries, there is no method of resolving the issue and, the company do not show banking information as the law requires investment companies to disclose this data for investors to know their money is safe in case the company collapse or encounter other challenges.
BitinForex is a notorious scam that works hand in hand with Top10CaP and CoinFinexx to fraud their customers.
Right from the ROI that they offer clients, you will spot the red flag and, Promising a return of 4% every day is unheard of, when you consider the currency nature in the market.
The company will claim they deal with cryptos and Forex trading and there is no evidence to back up their theory.
The company does not have a performance report; either do they show the currency pair in Forex trading. The company does not state the spread or the leverage that they offer on their currencies.
If you trade with this suspicious company, you will not know the trading conditions that come along with indulging with them. BitinForex. The company does not talk about its withdrawal process. They do not have the intention of making anyone rich.
BitinForex will leave who fall for the scheme high and dry. When the company claims it have a trading bot when there is no evidence. The platform have not bothered to disclose the performance rate of the alleged trading software.
BitinForex is a company that will not survive any longer in the market. The platform is doomed to fail.
The company is not regulated, and worst of all, they do not offer any Forex or cryptocurrency services to their clients. This is to why you should stay away from the firm. Trust legit cryptocurrency trading software that will help you to attain your financial goals.
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