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DoubleBitcoin.io Review: A Sure Cryptocurrency Scam

DoubleBitcoin.io Review: A Sure Cryptocurrency Scam

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Doublebitcoin.io is an alleged investment firm that claims to double any of your BTC investments. However, do not be so quick to fall for this catchy lucrative statement as you will end up losing many funds.

The company is a definite scam but will rob all of the investment as you read this review will discuss some of the reasons why you should not trust the investment firm. This investment firm fails to outline to you how they plan to generate profitable returns on your money.

Doublebitcoin.io has numerous Ponzi scheme characteristics, which are a major red flag. You expect to know how your funds are going to be used in any investment firm and the software method of operation for you to venture into the company.

The platform claims to allow investors to venture into the trading and mining world via their systems. Doublebitcoin.io app promises you an investment return guarantee in just one day. Despite this claim, there is no support or evidence for the allegations they offer investors.

If you have any experience in the trade world or Mining, you will immediately realize the shadiness behind this venture stay away from it. Ponzi schemes always use massive return number to tempt you into depositing money.

DoubleBitcoin.io Review,DoubleBitcoin.io Platform

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There is no evidence of members benefiting from the platform, and there is no guarantee you will benefit either. Doublebitcoin.io assures investors that any BTC amount they invest in profit is guaranteed within 24 hours.

Doublebitcoin.io Review

Double Bitcoin is a definite Ponzi scheme because of their get rich quick claim, which is mostly used by scammers. The investment firm promises you massive ROI return estimation only to lure you into believing their lie, and you shouldn’t waste a single coin expecting profits.

Legit trading platforms always provide you with evidence of the past trades, and you should only trust such. The company tries to hide their shady business from you, and you should not expect any payout in returns.

For you to receive your profits, you have to share your BTC wallet addresses with the investment firm, and this is very risky. The BTC wallet address is your personal information, and once you share it with anonymous people, you risk losing all of your hard-earned money.

BTC addresses I would mostly secure, but cases of hacking are rampant, and once you share your information, you risk being a scam victim. The platform founders are mysterious, and you should not trust anyone with your money without knowing their bio.

The platform claims that all the investors generate their profits from the new investors. Scammers always try to use false information on the website to lure you into depositing funds.

Doublebitcoin.io has several scam characteristics that showcase it is right to categorize them as a  dangerous scam platform. Scam companies always try to find a way to generate traffic to the website, and they always promise investors a special commission they never receive.

Doublebitcoin.io claim to pay investors 50% commission or whatever the new member deposits into their accounts. You may come across advertisements for messages. These claims are making profits within 24 hours but not be quick to deposit any amount in the platform.

Doublebitcoin.io promises you 100% of your investment amount is guaranteed in just one day. Even for established investment firms that offer legit profits cannot guarantee such figures.

Funds Safety

Doublebitcoin.io has not provided you with any bank information or any banking location. The founders of this platform are unknown, and whom is your operating your money anonymous to you, and you risk giving your money to criminals.

The company claims to pay instant payouts to investors, but no evidence of any successful payment has been showcased, and this is a major red flag. The platform is not legit, and you should only trust companies that provide you with bank data to assert your fund is safe in the investment firm.

Doublebitcoin.io Scam or legit

This platform is a definite Ponzi scheme according to the numerous red flags that have been observed we can suggest you should not trust this platform with your money. The company allows you to invite new members with a guaranteed 50% commission.

During our research, I discovered that the platform does not even pay the affiliate commission claims investors, and once they bring in new clients. You risk losing not only your money but also personal information to criminals who will swindle all your money.

For you to prove legitimacy in an investment firm that claims to provide trading and mining services, you have to know who the founder is and the experience they hold. The platform has not mentioned any employee data on its website.

Regulation and customer support

The platform generates funds from the public, yet they are not regulated. For any company to be allowed to obtain money from your regulatory data is essential. The company founders risk facing criminal prosecution and the owner spreading these false allegations also once the law enforcers catch them.

The contact support in the investment firm is inferior, and in case you require assistance from the company reaching the platform is almost impossible. Legit trading companies will always provide you with contact support that is frequently working.

Doublebitcoin.io has a FAQ section where investors asked how the profit will be generated; this question was not answered, proving that this platform will not meet your expectations. No address of the location whereabouts is available or even the bank information.

Legit platforms that follow regulatory measures always showcase certificates of regulation on the website to prove they follow the set laws. Once this company steals your money, they smoothly go out of existence or even delete your account.

No telephone contact or even email support has been provided for you to reach the platform when you require a refund from the investment; this will never happen. Regulation data is essential in any investment firm, and companies that do not provide this information to you should not be trusted with your money.

Domain Insights

According to whois.com, the company was registered in 2013 December, and the registration expires in 2020 the same month. The company’s domain name is doublebitcoin.com. The registrar of the platform allows founders to hide their data and is commonly used by scammers.

Final Verdict

The amount this platform plans to generate for investors, and the time it takes does not make sense, and you should not fall for this catchy phrase as you will end up losing your money. Scam companies always use overestimated attractive profit returns.

The company provides you with no contact support for their investment, and you cannot contact the company once you lose money. Legit trading platforms always provide at least the location address of the website.

The founders of Doublebitcoin.io are not known. It’s proving a lack of transparency in the platform. You risk-sharing your data to criminals. Regulation is significant for every mining platform to assert genuineness in the company.

How the platform operates and the software they use to generate the 100% profit within 24 hours is also not known to investors. Legit companies will provide you with evidence to support any claim the promise investors as profit returns.

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