BitCoin Invest claims to be involved in cryptocurrency trading and mining. But, the company has chosen not to disclose the names of the founders of their so-called remarkable program. The domain (bitcoininvest.cc) was registered privately on 2nd November 2017. So, I could not find the names of the owner of the domain.
When I further investigated the website for more details, I found a certification of incorporation for BitCoin Finance Limited incorporated on 7th April 2017, in the UK. However, there is no evidence provided to map a connection between BitCoin Finance Limited and BitCoin Invest.
According to the Alexa estimation, 50% of the traffic was seen coming from Brazil. This strongly signals that the founder of the company is related from Brazil or based out of Brazil.
In addition, there is no verifiable product or services found on the website apart from the affiliate recruitment program. If you wish to join the affiliate program, you must invest a minimum of 0.003 BTC. You can surely make a free entry but that would allow you to access the referral commission. You won’t be entitled to any other perks provided by the company.
Personally, I believe that it is foolish to invest in a company that is not transparent about its operation. So, think before investing in BitCoin Invest.
BitCoin Invest – Compensation Plan
The company encourages the affiliates to invest bitcoin into their platform to receive monthly ROI.
- Plan 1 – You must invest 0.003 – 1 BTC for receiving 244% ROI
- Plan 2 – You must invest 1.001 – 5 BTC for receiving 316% ROI
- Plan 3 – You must invest 5.001 – 10 BTC for receiving 496% ROI
- Plan 4 – You must invest 10.001 – 50 BTC for receiving 724% ROI
Bitcoin Invest – Referral Commission
BitCoin Invest uses uni-level compensation structure to pay referral commission to its affiliates. In a uni-level referral commission, an affiliate is placed on the top. Affiliates who are recruited personally are placed directly under the affiliate who recruited them.
For example, the affiliates who are recruited by the top affiliate are placed on level 1. The affiliates who are recruited by the level 1 affiliates are placed on level 2 and so on. The recruitment can go for an infinite series.
The referral commission is paid till the 2nd level of recruitment. The percentage of funds invested by the new affiliates are used to pay the existing ones.
- Level 1: 7%
- Level 2: 3%
BitCoin Invest – Reviews
Allan: Bogus program. I would never refer it to anyone. I paid the BTC but the account was never updated. No support from the team.
Seun Shofidipe: I have joined recently. However, the opportunity looks lame to me. Not much success in getting through the platform. The platform is difficult and confusing. I would suggest keeping away from this company.
The Conclusion from the above Reviews
The company claims to generate ROI through trading and mining of cryptocurrency. The affiliates are lured to invest their BTC in the promise of huge ROI. However, the mismanaged platform is an evidence that the company is not serious about profiting the affiliates. It is good to go until the funds are credited to their account.
So, here we are again discussing the same scam that has jammed internet. BitCoin Invest claims to be involved in cryptocurrency trading and mining. However, they have made no attempts to prove their claims.
In addition, if the company is able to make such a huge ROI of 724% monthly, why are these anonymous admins interested in sharing that profit among the unknowns over the web. This completely suggests that there is a different story running behind the scene.
Anyone able to generate such high profits would love to keep it to themselves, how generous they may be.
After reviewing every detail, I can only vouch for their affiliate program as the source of ROI. This makes them the Ponzi Scheme. As per the theory, once the recruitment will fall apart, the ROI will stop generating. Once the pre-set threshold will be reached, the ROI will stop completely.
With this, the platform will collapse, and the anonymous admins will run away with whatever is left with the company. Few who would be joining early would be able to make some profit through their referral program. But, the majority of the investors will lose money in the hands of these scam artists.
So, I would suggest moving away when you hear the name of BitCoin Invest. They are not worth your investment.