Bitmay Review: A Dirty Scam or Genuine Mining?

× Alert!
  • - Can't withdraw your funds from this fraudulent company or broker?
  • - Have they asked you to pay excessive withdrawal fees or to deposit more funds?
  • - Or is there an excessive delay in processing your withdrawal?
  • - Are they trying to push you into depositing more money with them even without withdrawing the one you've already put in?

It's a CONFIRMED scam broker/company, recover your stolen funds by filling out the form below and you will get a FREE Mychargeback consultation today:

Fill out the form below to recover your lost funds from this scam company

Bitmay Review: A Dirty Scam or Genuine Mining?

Bitmay claims that it is offering the most secure mining and trading platform. They claim that they are the industry leaders in Crypto currency mining and that we can get access to the latest mining equipment through them. The site was registered in September 2018 but ownership information is kept private, which is something we think is very suspicious.

On their website, BitMay tells us that they have a presence in the US, UK and Netherlands while also serving some 50 countries across the world. This begs the question of whether BitMay is registered to offer securities in the US. You see, if they claim that ROIs are generated through trading and mining, this is considered securities, and US financial regulators often watch out for companies like this who supposedly provide investment products without a license.

According to the Alexa ranking of this site, most of their traffic at the moment is coming from Philippines. So it is very hard to believe that the website is actually based in any of the 3 countries which they are mentioning in their marketing materials.

The website states that the operations of BitMay involve trading, mining, leverage trading and even lending. They allegedly use deposits to ”book trades” and also generate revenue from Bitcoin mining. There is reference to using the company’s capital in driving these operations, but this is not likely the case since the company has already admitted on their website that they are using investor funds to mine and trade.


Is there evidence of mining or trading as claimed in the marketing material? Let’s find out. But this generally looks like a suspicious investment operation and you need to exercise caution before you can even think of purchasing any of their investment plans. If you are serious about trading Crypto currencies, we have prepared a short list of trading bots that do that kind of work. You can access that list here. 

In the meantime, we will discuss what we know about BitMay and also the potential reasons why this may not be your ideal destination of investing your hard earned money.

👉 Are you looking for a Forex Robot that offers realistic returns even when the markets are volatile or down? Golden Pickaxe is the BEST Forex robot using low risk and EARNING a whopping 47.93% monthly profit margin. You get a robot offering the best in terms of safety and guaranteed profits no matter the risks. A gold-driven EA robot, the robot was created and developed over ten years. It has the pedigree to offer gold traders a profitable all-year-long profit regardless of market conditions. We have tested the platform, and it has seen remarkable profit margins for the past 15 months. The well-known trader developer (Valeriia), put the robot out there for any trader to confirm its realistic profitability. And the robot was tested and seen to be even better than what we thought was the best, Waka Waka. Golden Pickaxe is now one of the best-proven forex robots that offer profitable outcomes, and all data are third-party verified independently via Myfxbook. The balance volume for Golden Pickaxe is there for anyone to see. And that means you get a transparent Forex robot guaranteeing results. Even when facing drawbacks of 37.47%, the robot balances the profits. With an automated trading robot, you can receive near-perfect signals for trading gold. And that’s what every trader needs when investing in Gold. So what are you waiting for? We have tested the robot and Guarantee it’s a perfect match for you. Start earning realistic profit margins from forex trading with a LOW-RISK thanks to Golden Pickaxe. We have been using it even when the gold market was risky. Thanks to this automated forex robot, you can earn 47.93% ROI or more per month consistently. Complete beginners to Forex can start and immediately start earning a stable and reliable income with it.  What's more? You don’t even have to deposit funds with your broker when using the Golden Pickaxe robot. Just register with a Broker such as IC Markets or Coinexx (for US-based traders); there’s no need to deposit your real funds with them. Instead, use the Golden Pickaxe robot to pass a funded account challenge on FTMO. No worries, it’s very easy to pass once you install the EA. Once you pass the challenge, FTMO funds your account with real live funds depending on the challenge you passed, then you can simply carry on trading with the EA on the live account and request payouts monthly whenever you want to withdraw your profits. All challenges and trading are done automatically by the Golden Pickaxe robot, so you don't have to worry. Or... if you don't like the idea of a trading challenge/evaluation, you can simply buy a cheap funded account with prop firms we recommend like FundYourFx, get instant funding of a real account, then start using the robot to trade, profit and make weekly withdrawals, very easy. If you have any questions or want help with the setup, head over to our live chat and ask for Corey Woods. Corey will help you with any issues, problems, or initial setup along the way. Here’s your chance to start trading Gold and earn with an AUTHENTIC, PROVEN, AND SAFE Forex Robot. Sign up today for a chance to get a reliable side income with GOLDEN PICKAXE. Click the button below to buy the EA, then contact me on live chat if you need any help setting up the whole thing.

Click Here To Buy Now

BitMay Review

The website has listed a number of supposed benefits of choosing to invest with them. They include speed at which funds can be deposited into their platform, stable hash power and 100 uptime for mining coins, maximum efficiency with high end mining equipment, investment planning, insurance coverage as well as safety and security of their clients funds.

They believe that everyone should have access to the latest technology for mining Crypto currencies right from the comfort of their home. So BitMay was allegedly designed by professionals to help realize this goal. The question is who exactly are these professionals? There is no hint at all, and this means the site is not very transparent and this makes it very difficult to gain public trust and offer their alleged products to their target clients.

We are especially never comfortable with sites like these. We’ve looked at the user stats on this site and we feel that these numbers are quite misleading because there is no way a site that was created in November and has an Alexa ranking of 1 million can have over 10,000 registered users. It is just not possible and we feel that BitMay admin cooked up these numbers with the intention of swaying us into believing what is not really the truth.

Getting started with this site is allegedly so simple. You register, buy a plan and start making money. They claim that they are offering everyone an easy way to access Crypto currency mining services. But everyone is now making these claims and it’s very difficult to trust websites that make such claims if they have not presented sufficient proof of mining and trading activities. Actually, because of the claims being made by BitMay, we have decided to investigate further on these claims to try establishing the truth. Are they trying to mislead us the same way they have done with the fabricated user numbers on their site? Probably, but let’s find out.

Mining and trading of Crypto currencies

These two are allegedly the main sources of revenue for this site. There are 4 investment plans to pick from. These include Welcome pack, Starter, Open minds and extra. Each of these plans offer various features to enable investors make money.

The difference between each of these plans is that all of them vary based on amount of hosts, hash rate and duration of contract but daily profit remain the same. Each one of these plans don’t charge a maintenance fee which begs the question of who is paying these expenses? If the consumer who seeks to mine Crypto currency is not going to foot the maintenance bill, then this is clearly too good to be true.

On top of this, BitMay is offering 3% daily ROI in each of the plans but this is just too good to be true because in a month, we will almost be recovering all the money that we invested. This is actually 90% ROI a month which has never been heard before in mining and trading combined. These profits are too good to be true and BitMay should probably give us another explanation for the source of the money which they are allegedly paying out to their members.

Why BitMay can’t be legit

Honestly this program looks too cheap to even recommend here. The promises of 3% daily ROI is not realistic and also there is zero proof of trading including mining which seems to be the main activity on the sales page.

The company has not provided to their audience that they really have mining facilities. So this looks like an MLM or ponzi scheme where deposits are collected and a small portion is paid out.

Our best advice for you

We have no faith at all that BitMay will generate the ROIs it is advertising. Moreover, there are no user feedback out there and yet they claim to have 10k users. Please stick to these mining websites. 

One Reply to “Bitmay Review: A Dirty Scam or Genuine Mining?”

  1. ×


    • - Can't withdraw your funds from this fraudulent company or broker?
    • - Have they asked you to pay excessive withdrawal fees or to deposit more funds?
    • - Or is there an excessive delay in processing your withdrawal?
    • - Are they trying to push you into depositing more money with them even without withdrawing the one you've already put in?
    It's a CONFIRMED scam broker/company, recover your stolen funds by filling out the form below and you will get a FREE Mychargeback consultation today:

    Fill out the form below to recover your lost funds from this scam company

  2. BitMay is a total scam! I’ve invested and they don’t pay out! The support system is a sham! The whole company needs locking up! Big time Scammers!!

Leave a Reply

Your email address will not be published. Required fields are marked *


Follow Us will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.