Bit World Reviews: Is Bit-world.ltd a Scam or Legit Bitcoin Doubler platform? With online scams springing up every day, we have taken the responsibility of reviewing products, stores, websites e.t.c in order to save you from making wrong decisions.
Our review of Bit World Doubler serves as an eyeopener about this We hope this review meets you well, and on time.
What is Bit World
Bit World Ltd is a platform that promises to double your money in 24 hours. According to the information on bit-world.ltd they support Bitcoin, Dogecoin, Etherem, Litecoin, PAYEER and Perfect Money. They claim that they use serious DDOS protection and a powerful server to provide their services.
How true is this? Can you earn up to 100% after 24 hours with Bit World Doubler?
We would be answering that question soon enough.
How Does Bit-world.ltd Work
After going through their platform, we stumbled on the following steps with which they operate with.
- You provide them with your personal wallet to earn money.
- Make a deposit for the amount you need.
- Wait deposit confirmation.
- After 24 hours, wait earnings on your wallet specified at the registration
However, the question you should ask yourself is this “How are they doubling my money?” ”How are they able to produce 100% profit within twenty four hours?’
The Truth About Bit World Doubler
On their homepage, they claim they use your money to trade the Forex market. That, Financial analysts study the financial market, predict changes in currency rates and develop trading strategies. Then, their trader uses invested funds for trading. The trader works and gets profits using the data received while conducting the market research.
Well, we are sorry to disappoint you. This is not how this platform works. They are just feeding you well scripted lies.
Bit-world.ltd is simply a HYIP, High yield investment platform. What this means is that it offers unsustainable returns which no right thinking investment platform would do.
In case you don’t know what HYIP’s are, they are simply ponzi schemes fashioned to look like investment platforms. Initial investors only get paid when new people sign up and invest. In order to keep platforms like this running, the high returns are used as a bait to pull you in.
Those that benefit most times are the first investors. This is because as soon as the amount of new investor drops, the owners do away with the money invested. HYIP’s are unsustanable, infact no right thinking person would advise you invest in a high yield investment platform. This is because the chances of you losing is 20 over 80.
Why Bit World Doubler Is Not Worth Your Money
If you’re still considering doubling your money with Bit-world.ltd , below are reasons why you should not do so.
After a thorough background search on who the owner/owners of this platform is, we came up with absolutely nothing. This alone is an indication that the people behind this online store don’t have genuine intentions. If they do, they wouldn’t be hiding their details from whois.
Because this platform is a HYIP, you can’t predict what their next move would be. They might decide to shut down their platform today, leaving your money trapped. That being said, your money is always at risk with HYIP’s like this.
There are No Watch Dogs Watching Over This Platform
Though some of these platforms might provide a registration certificate and so-called evidence of payments, don’t be deceived, anybody could get a sham address and certificate most especially from the Company House in UK which most of them use, for just £5. In the real sense, they are not regulated. No Financial Body approves their services.
Bit-world.ltd Scam Review: Our Findings
Notwithstanding how legit this platform looks, they are not to be trusted. This is because they have a very short span, they are not licensed, and no one can tell what their next move would be.
Why waste your time on HYIP’s when there Legit ways of making money?