Welcome to my BitcoBid Review – Legit 2% Weekly Opportunity or Ponzi Scam?
This company has operated since February 2nd, 2020 and stayed hidden without much exposure.
Probability is someone approached you from social media or else where is showing this opportunity to you and now you came here to verify its on the up and up..
The gospel news is I will guide you through the BitcoBid company, sales items and compensation plan so you can make an intelligent decision.
Please close attention and read this to the finish…
What is BitcoBid Review?
Table of Contentshide
3 What Are BitcoBid Limited Products?
4 How To Make Money With BitoBid Limited?
5 Cost To Join BitcoBid Limited
6 What Are Other BitcoBid Reviews Saying?
7 Final Verdict Should You Join?8 Tired of Scams?
BitcoBid Limited is not really clear about what they do which I think is a bit out of the ordinary.
Truly they indicate some level of trading in forex or crypto, but nothing too specific. Just plain vague and not up to date. It seems a little Junior Varsity or a bit antiquated.
Who Runs BitcoBid Limited?
Who runs BitcoBid? Little information on who actually runs or owns the company…
I investigated “bitcobid.com” and found it was privately registered on January 16th, 2021.
So Who Manages The Funds?”,
They say the funds are managed by a team of Bitcobid Limited HYIP investment experts.
But the big question is who actually are these so called experts?
We have a faceless company here!
What Are BitcoBid Limited Products?
Bitcobid is vague on exactly what they do and or what products they hawk.
You can become an affiliate and show their affiliate membership.
Moreover, you can drop money into the company on a supposedly guaranteed return.
How To Make Money With BitoBid Limited?
Bitco Bid has a variety of 2 ways you can receive a payout.
1st method is to drop money into their investment package and get a real return.
2nd method involves recruiting others who are investing into the company and earning a commission.
Investment Packages
Bitco Bid is basic when it comes to their investment packages as they have only have one.
- Plan 1 – investing from $10 to $100,000 and receiving 2% weekly Return On Investment
Referral Commissions
Bitcobid Limited claims to pay you a flat 1% commission on your personal recruits.
Which is a variation when you look at crypto style companies like Bitradex Finance, Calvert Investment and RevBo that appear to pay more than one level.
Cost To Join BitcoBid Limited
BitcoBid affiliate membership is free to begin with, but to participate in the investment opportunity you need to but drop anywhere from $10 to $100,000 USD.
They utilize a product called “Perfect Money” an ecurrency company as their funding mechanism for the investments.
You have need to open a free account.
What Are Other BitcoBid Reviews Saying?
Right now BitcoBid receives generally positive reviews because the company continues to pay out.
But hat does not mean much as you will see in the final verdict especially with a legal investment opportunity.
Final Verdict Should You Join?
So does the BitcoBid scam exist?
So lets look at the facts.
Little to no idea who runs or owns the company. A huge strike here.
Next, we have no idea how the company produces those weekly returns which is another strike.
Lastly, the website appears antiquated with no information about anything.
It would not be out of bounds to assume that new investments are paying off existing members.
Due to a very low commission rate and low returns, they have been able to run longer than most.
Unfortunately eventually there will come a day when recruitment slows to a trickle the company can pull the rug on their investors.
Because the leadership is anonymous, no one to be held accountable.
Since this company is already in existence for a while so they may exit scam can happen any moment now…
Do NOT invest….
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-Scott Rulon
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