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Bitlymining.com; This is a dubious investment firm that parades itself as genuine company. Bitly mining claims to have their headquarters in Sweden. Meanwhile, they display lots of fake certificates on their website as a proof that they are legitimate. But in the end, we shall disclose all their red flags.
It’s important to remember that each investment has risk, but the level of risk differs in every investment. Higher risks are linked with investments that promise higher returns. However, no return on investment is a promise.
Keep in mind that past and future returns can be very different from each other. That means one might lose all of their invested money. Thus, you must have all the relevant facts; Before investing in any crypto-mining company.
Bitlymining.com reviews
On the homepage of this website, these scammers claim to have been existing for 893 days. This is highly controversial. We know so since according to our who.is research, the website was created in March, 2022. However, the website is simply a Cron job set at that point to deceive investors. So everyday, the number of days keeps adding.
In addition, bitly mining wants us to believe that they currently have over 78,000 clients. Yet, no one speaks about it in the internet. Moreover, they have only a Total deposit of a little above $60,000 in over 2 years. Therefore, registered clients do not invest because the company is not profitable. If you want to make money investing in cryptocurrency, then start Mining crypto today.
Mycing mining is one of the most secure and reliable crypto-mining industries in the world. It has become obvious that most investors no longer have an interest in crypto mining. This is due to the rising rate of fraud and poor return on investment in the mining industry. However, it will interest you to know that lots of crypto firms are still reliable. Moreover, they offer a good return on investment. Following critical observations and experience; Mycing mining is top of the list of reliable mining firms. They have a proven record of customer satisfaction.
So, if you are an investor still looking for a reliable company to invest in; Mycingmining remains the best.
To mention but a few of the good news about Mycing mining; It is user-friendly; It has over 150% return on investment with profit accrued daily and hitch-free withdrawal access. Think crypto mining! Think Mycing mining!
How safe is your money
Your money is not safe. They parade one Mr Joefry Smithi as their founder and CEO. However, following our further research; There is no fact linking such name to bitlymining.com. Therefore, this is a show of total lack of transparency.
Moreover, the operators of this bitly mining are confused. At one point they claim to have their head office in Sweden.
On the other hand, they want us to believe that their company is registered and regulated by the financial authority of Poland.
This is quite contradictory and highly unprofessional. We urge you not to fall for their cheap claims.
Before you further this Bitlymining.com review, read about this bolt Miner review.
In addition, to further confuse naive investors; Bitly mining parades three different certificates on the website. Out of them all, one can’t make out the issuers of two of the licenses. However, the 3rd one appears to be originating from Romania. Sadly, the date of issue of the license was July 2018. This is long before the establishment of bitlymining.com. Another dubious and obvious show of poor professionalism. If you don’t want to loose your money, avoid Bitlymining.com.
Remember, we always encourage investors to choose companies that are well regulated by reliable authorities like FCA.
The Financial Conduct Authority(FCA) is the regulatory agency in Britain. All valid financial brokers must register with it. This gives the broker the license to operate in the area. Each valid broker deposits a specific amount of money with the FCA. This is called clients’ compensation funds. Therefore, if the broker collapses; then investors will get rewards from FCA. Meanwhile, each investor can get a reward of as much as €80000.
How does bitlymining work?
This company goes on to display their inefficiency. On the first instance, one will think that it is a crypto mining company. This is so especially considering their name. However, going further; It becomes obvious that bitlymining.com is only a digital assets investment company. But, they are not specific. Therefore, investors are not aware of what their money goes into. Do not be one of those investors that will be kept in the dark. Instead, start Mining crypto today and be sure of your profits.
What we know is that this company sustains their investors by using the capital of new clients to pay profits of the old clients.
Bitlymining.com reviews on investment plans.
There are four different plans available on this platform. Meanwhile, this company makes unrealistic promises; Which can only be achieved only by a HYIP.
Trade Plan A: The minimum investment capital is $50 and maximum is $900. This plan guarantees a daily return of 10%. And only a HYIP can make such offer. The duration of this contract is 24 hours.
Trade Plan B: This is a 48 hours contract. It promises a daily ROI of 10% with a compound interest of 20%. The minimum investment capital is $1000 while the maximum is $9000.
Trade Plan C: The minimum capital is $10,000 and the maximum is $49,000. The daily interest is 3% with a compound interest of 40%. This contract has a duration of 15 days.
Trade Plan D: This is the longest and costliest plan. The minimum capital is $50,000 and the maximum is $150,000.
The daily ROI is 3% with a compound interest of 80%.
NOTE: Withdrawal is possible only at the end of each contract. This is a trick. At the end of the contract, they will require you to pay some commission before you access your withdrawal. The idea is to frustrate you untill you are tired of paying money. Do not invest in this company.
Bitlymining.com reviews on the methods of support.
This company has very effective means of communication. Although we did not reach out to them, but they deserve such credit. Bitly mining has live chat, Whatsapp, Telegram and also display their current location on the website. However, this location is a lie. Meanwhile, investors can also fill out a form on the contact page. They can as well send a mail to them through support@bitlymining.com.
Bitlymining.com Reviews Conclusion
We have elaborated this bitlymining.com reviews help you make the right decision. Do not invest in this company. They are not transparent and has no regulations.
Thank you for reading and don’t forget to share.
Equally, read our Sharmining Reviews.
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