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Cryptobity Review: Cryptobity.com a Weird Fraud

Cryptobity Review: Cryptobity.com a Weird Fraud

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Cryptobity.com is another cryptocurrency investment scam. Furthermore, the platform allegedly is among the best mining solution in the market.

The investment company promises its clients’ a financial breakthrough by offering high returns. The Cryptobity.com company assures investors of high profits. However, there is no data available to attest to their claims.

Cryptocurrency has grown popular in recent years. But it seems like not very many members of the public know how the market work.

As a result of this, the market is filled with many scammers who want to rip off newbies funds. Cryptobity.com is one of these fraudulent companies that will promise users’ huge returns only to exit the market.

The investment company website has an excellent user interface and operates efficiently. Due to this, many innocent investors are still falling for their fake financial narrative.

Cryptobity.com review, Cryptobity.com website

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We also recommend that you perform research on a platform before embarking on any online investment activity.

Trust your guts as well if a venture seems too good to be true walk away while you still can. There is no way you can become a millionaire overnight.

Risks are involved in every investment. There are no risk mitigation measures that Cryptobity.com has shown on their website. We certainly don’t know the amount of investors funds used to cover for the same.

For all we know is that the platform is selling bogus information to investors without any proof. Cryptobity.com is filled with numerous red flags.

Cryptobity.com Review

The Cryptobity.com investment company offers its clients an opportunity to generate an income through mining. The platform supposedly enables investors to use their personal computers to mine.

Most noteworthy, it is essential to understand that mining cannot be done via laptops or computers. A lot of power is required, and quality hardware.

Cryptobity.com platform has a lot of mining information, which is so basic. The only available data is a guideline on how to set up rigs and the mining cost.

The platform has not mentioned where their mining farms are located, or their servers. We strongly believe fraudsters run the platform don’t know how mining operates.

Mining involves many risks. To Attain a vast return is hard. The initial capital and associated expenses are a bit too high. The venture is no longer favorable to small investors.

Avoid platforms that claim to offer you high profits. They do not care about your needs; they only want to steal your money.

Trustworthy mining companies do not display a fixed return. They showcase an average return that you can receive. These platforms are transparent, and their activities are well displayed on their website.

How does Cryptobity.com Operates?

The platform founders or owners are running their activities mysteriously. It remains unknown who they are. The team of Cryptobity.com are professional scammers, and they are operating in a shady manner.

The mining company has not indicated its drawdowns. Legit platforms always let the public know the team behind its success.

Be on the lookout and identify the tagline being used by the Ponzi scheme. If they promise you huge returns without any evidence, keep off.

The company claims to be located in the United Kingdom. The platform states they have built a few data centers. The investment company has dominant mining hardware that they utilize in their activities.

The platform’s hardware is a contributing factor to its steady earnings growth. Cryptobity.com accepts funds via Bitcoin, Perfect Money, and Payeer.

The platform has indicated on their website that you can process your withdrawals manually. The process takes up to 24 hours.

There would be very many success testimonials from investors if the returns were true. Sadly, this is not the case. Cryptobity.com only gives fake narratives to entice investors. Protect your money and don’t invest in this company.

Regulations and support

Cryptobity.com is an unregulated mining investment company. Platforms involved with high-risk ventures must be licensed, especially when they accept funds from members of the public.

The licensed platform provides security to its investors. Always ensure you only invest with certified companies as unregulated firms are associated with a lot of malicious and malpractice activities.

Cryptobity.com has not displayed any permit documents on the website. We did not also find them listed in any regulatory body. Hence, we can confirm that Cryptobity.com is operating against the law and risk facing criminal charges.

The investment company claims to respond instantly to customers’ grievances. Nonetheless, investors can only reach support via live chat.

The platform is determined to stay anonymous to the public. They have featured a phone number on their site, but they have no email address.

The listed telephone number is +442038193543. They have an address in their site; 40 Holborn Viaduct, England, London.

If you have any inquiries, the chances of getting feedback are slim. The only thing that Cryptobity.com seems to care about is your funds and not making you rich.

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Cryptobity.com Promised Returns

The pyramid investment company assures investors of a daily ROI of 6%. The investment takes one month to mature.

Cryptobity.com offers a total return of 180%, including the principal. The minimal accepted deposits are 10USD, and the maximum amount you can withdraw is $10,000.

If you keenly observe this is a lot of money. It is difficult to achieve this through mining. The timing is also unrealistic.

Cryptobity.com Scam Review, Cryptobity.com Investment Plan

The volatility nature of cryptocurrency can lead to huge losses or returns. This kind of nature ensures there is no fixed return in the market; you win some as you lose some.

It is absurd of Cryptobity.com to offer stable high returns. The market has changed, and it is hard even to make returns close to 20% daily. Stay away from this platform, or else you will lose funds.

Affiliate Program

Cryptobity.com has grown popular over a short spun, all thanks to its promoters. For a scam pyramid to thrive and attract more traffic, they need to work together with marketers.

The affiliate model drive new victims and generate more revenue for the platform. Investors are promised high commissions if they bring in more people.

The platform does not restrict its marketers on the method they should use to refer to people. They can even use unethical means so long as they manage to convince clients’ to deposits funds.

Cryptobity.com Review, Cryptobity.com referral program

Due to this, you will find fake testimonials left behind by the promoters. They also create content and video to aid their marketing activities.

Avoid believing everything you read, use your instincts. Look for indicators we have provided to distinguish between a legit and a scam platform.

Domain Name

We were able to acquire useful information from Alxas.com and Whois.com. The platform domain name is Cryptobity.com.

It was registered in December 2020, and it is expected to expire in December 2020. The investment company has Alexa’s global ranking of around 590 thousand. Cryptobity.com targets its victims from Singapore, Egypt, and Bangladesh.

Cryptobity.com Final Verdict

The platform is a Ponzi scheme that won’t be in the market for long. The founders of this platform will exit the market once there is no enough revenue coming on the website. The company lacks a legal permit. Investing with them risks the security of investors’ money.

Avoid Cryptobity.com as the only thing you are assured of getting from it is unimaginable losses. Hence, only invest in the proven best mining services in the market. You can only make the best investment decision when you are well conversant.

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