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Bitpenta Review: Scam Signals Identified

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Bitpenta Review: Scam Signals Identified

Bitpenta Review 2023 Update: Another crypto scam that failed to deliver on its promise days before the vesting period lapsed.

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About Bitpenta background and history

Bitpenta is actually the opposite of what they are telling their visitors on the website. It isn’t a smart and trusted investment platform since that statement isn’t backed by any facts. However, Bitpenta website still wants to fool you by confirming their UK corporate status and telling you how they will make your financial desires come true. With hourly interest rates as high as 0.54%, we cannot trust this website at all. Making a deposit with them would be extremely risky, something that we are not willing to undertake.

So, can we make money with Bitpenta, even if it means making peanuts? No way. That is an impossible to achieve dream. It’s a pipe dream that investors must not believe.

To confirm that this is yet another basic Cryptocurrency ponzi scheme, we were forced to look at the various aspects of the website. We discovered a number of falsehood claims and operations going on here. We will be discussing these things in the next paragraph.

Bitpenta review

The first claim that we encounter when we read texts on the homepage is that Bitpenta is an online trading platform that specializes in Cryptocurrency investments and mining solutions.

The website explains that Bitpenta came into existence after careful consideration, fruitful work and rigorous activities which gave rise to a team of technical and financial experts who are now managing the assets of their clients.

They now claim that their doors are open to all investors across the world. Bitpenta is supposed to be offering the best investment conditions in the international market. Their alleged vision is to cultivate a health relationship with their clients by providing ”quality investment services which are very lucrative”.

bitpenta

Now, if you look at the above paragraph, you will see that none of these claims have been backed by factual information. Therefore, we cannot confirm any of these things.

In fact, Bitpenta seems to have copied this generic statement from other similar ponzi schemes. Believe it or not, this is a generic description which nearly all ponzi scams are using to simply fill up their about us pages. There is nothing it this statement since the entity behind them are always scam projects.

Of Lucrative hourly returns

Hourly interest is from 0.42% up to 0.54%. Minimum investment is 0.001BTC. There is no maximum investment though.

If we take the basic investment plan and do some math calculations, we will see that at the end of 24 hours, we will have doubled our investments. Is this real? Definitely there is no way you should expect doubling any of your investments with this scam site.

Those profits are indeed lucrative. But we have to ask ourselves. Has anyone made money with this website before? Can we confirm these lucrative returns based on past performance that is verified by an independent third party?

Definitely this is a pipe dream too. We are asking a lot because scammers don’t have what we are demanding to see. That’s the saddest thing indeed. But as you can see, the absurd hourly ROIs are being used to suck people into this ponzi scam. Some people simply think that they can become rich overnight. So that is the basis upon which this site works. If you believe fairy tales, you can easily fall for their trick which will harm you financially.

Therefore, the bottom line is that we can’t earn a guaranteed hourly income whether through trading or mining. The other thing is that those returns are really high. It is not possible to double your investments in 24 hours. The economy does not work like that. And if the anonymous operators of this site have found a secret for doubling funds in this manner, they should probably be hiding this website from the public because no one exposes or gives treasure for nothing.

The greedy human nature can’t allow us to give every Tom, Dick and Harry the opportunity to become millionaires overnight. So if these ROIs were real, this website wouldn’t be in existence today.

The reality of the matter is that Bitpenta is a cheap scam. The intention is very clear. You send Bitcoins and you lose it to the cheap scam.

Any evidence that they trade or mine coins?

Bitpenta is a pathetic website that has tried making every attempt to help us believe that they truly make that kind of profit every hour.

But what they do not know is that we need proof of their trading and mining activities. You see, this site does not mention any of the brokerages which they are working with. For trading to take place, brokers must be involved. Also, it’s quite clear that Bitpenta is not running an internal exchange. So how is trading taking place? One may wonder.

The other thing is that Bitpenta is claiming to mine popular altcoins, which is not true. There is no mention of mining equipment. They don’t even say whether they lease or rent mining hashing power. The only thing that was mentioned was that Bitpenta is a cryptocurrency mining platform. No further information was divulged.

The secret nature of this scam site proves that they are no transparent, and are not worth trusting for that matter. Also, this site is very new, and the owner is anonymous. The operators behind it do not wish to divulge any information pertaining to the operators. That is why domain registration is private. But that is also how scams operate in this industry. You want to identify a scam website? Just go to who.is and run a background check of the domain. If you see something like ”privacy guard”, you will know that the scammer doesn’t wish to be identified.

Our best advice for you

Investors do not have to fall for cheap scams whose mission is to solicit funds from randoms. This website clearly doesn’t have the capacity to make you a penny, let alone doubling your funds in one day. For quality mining services, you must consult these companies. For trading, we have a list of Cryptocurrency robots that do that.

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