This review brings you proofs that Crypto Bitways is a financial scam that you should not put your money into.
What is Crypto Bitways
Cryptobitways is presented as a hedge fund, a private investment company. The company takes deposits from the public and allegedly invest it on international exchanges. However, it is not clear what financial instrument it uses and which markets it is trading on.
Crypto Bitways’ offer consists of four basic and two VIP investment plans with minimum deposits starting at 300 US dollars. Daily returns on investment start at 6% and end at 20%.
Which is absolutely huge. But is it also real?
Crypto Bitways scam
The truth is that CryptoBitways is just a scam, a dangerous one. It is not a real investment opportunity, it’s just an illegal financial scheme that is sure to crash, the only question is when.
In this review we prove that Crypto Bitways is a scam.
Fake certificate, no real company
The first thing you have to know about Crypto Bitways is that the company forged its certificate. They claim to be registered in the UK, but the certificate they show on their website is completely fake.
When you enter their alleged registration number on the website of the Companies House, you will find out that it belongs to another company that has nothing in common with Crypto Bitways.
Besides, even if Crypto Bitways really was registered with the Companies House, it still would not entitle it to offer investment services. For that UK companies need a license from the Financial Conduct Authority. Which of course Crypto Bitways will never get because it is a scam.
There are three video testimonials on the official website of Crypto Bitways. But they are fake.
First of all, we recognize some of these people from Fiverr, they are paid actors. So no matter what, they cannot be trusted with endorsements of anything, because they do paid video testimonials.
Secondly, Crypto Bitways claims that these testimonials are from 2018, which is impossible, because back then this program did not even exist. It was created in January 2020, as you can see in our image below, which means that any testimonials originating from a prior date are clearly fake.
Last but not least, let’s address the Crypto Bitways investment plans. Because they are outright crazy. 20% per day would mean 600% per month. But in reality no legitimate investment program can multiply your money six time every month, or even two times for that matter.
It’s impossible because of the nature of the markets. Financial markets are hardly predictable, so you just can’t achieve profits if this magnitude. Tens of percent per year are what the best hedge funds in the world do per year. Per year, not per month, per week or per day. That’s just reality you have to accept.
How Crypto Bitways really works
It is not clear if Crypto Bitways was ever paying, but if it is the case, it is a Ponzi scheme. This means that it does no real investing, it just takes money from new members and gives it to older members. Which is a scheme that is doomed to collapse.
But we hear that Crypto Bitways is not paying at all, which means that it is a total scam, a black hole where all the money gets lost.
Either way it is not even extremely dangerous to invest money with Crypto Bitways, it is not a risk, it is a sure loss. This is why you have to stay away from this program, don’t even register for it.
Crypto Bitways review – the conclusion
CryptoBitways is a scam, it was born as one. It never was a legit investment opportunity, since day one it has been an illegal scheme meant to steal money from people. Stay away from it!
If you want to try legit investing, start on a free demo with a regulated broker. Learn trading with virtual money so that you don’t risk anything.
If you later decide to invest real money, be sure to have a good strategy and to understand the risks associated with financial trading.