There are a lot of people today that are looking for a good place to invest their money without the risk of it being a huge scam. I was referred to bitinvest.com to research and write a review on this site. Please read my findings below and you will see what kind of website this is.
- Name: Bit Invest
- Website: bitinvest.com
- Business model: HYIP
- Business License: No
- Rating: 0/100
- Verdict: Scam
- Cost: Free to Join/ Deposit required to upgrade your membership
What is a HYIP?
HYIP is an acronym for High Yield Investment Program. And that fits Bit Invest to a tee. They claim to pay some outrageously high interest on investments. The more you invest the more you allegedly earn. Some of the rates are so high that you can almost tell that something isn’t right.
What is Bit Invest?
Bit Invest is company that supposedly invests your money into binary or forex trading and you make some huge profits. The first thing I noticed about the website is that it does not have a security certificate. And that was the first red flag that popped up. You can tell if a website has a security certificate by looking at the top of your browser, if it has https before the url then it dose have a certificate. And any reputable investment site will have this certificate.
What e-currencies does Bit Invest accept?
Bit Invest uses a variety of payment processors for credit.debit cards and bank transfers, these include Perfect Money, Egopay, Payeer, Payeer, and Bitcoin.
What is the minimum and maximum deposit for Bit Invest?
You can invest with Bit Invest for as little as $5 and the maximum deposit is $9000. This really sounds great when you see how affordable it can be to invest with these guys. On the surface this really looks like a great deal almost too good to be true!!! But wait for it because things are not what they seem.
When can I request a withdrawal from Bit Invest?
You can request a withdrawal from Bit Invest 20 days after you have signed up with a standard or beginner account.
10 days after with an advanced account.
5 days after with a professional account.
How is the interest calculated with Bit Invest?
This is the part that is really unbelievable, I couldn’t believe my eyes when I saw the interest rates that this company says it pays. I will let the image below speak for itself.
Can I trust Bit Invest?
I have checked with various HYIP monitors and almost all of them give Bit Invest a very poor trust rating. This I am sure is because of their poor track record on paying their clients. I have come to find out that if you do not keep your promise to your clients that most sites tend not to do very well and eventually close up shop.
What are some clients saying about Bit Invest?
I have taken a screenshot for you to see what some clients have said about Bit Invest and I gotta say it’s not great.
My Verdict of Bit Invest.
Bit Invest in my opinion is one of the biggest scams on the internet. I would not send anyone there to invest money or even waste their time looking at this website. But there is one place that I know is good place for long term investments and will make you money.
Is there a HYIP that really does pay?
If you are looking for a long term investment I would highly recommend Forex Paradise. This company has 2 offices worldwide. One in Hong Kong and one in London. All deposits are 100% insured so you know your money is safe. If you want to learn more about this opportunity click the banner below and take a look for yourself and see if this is something you would be interested in.