BitcoBid Review – Legit 2% Weekly Opportunity or Ponzi Scam?
- MLM Reviews
- December 28, 2021
Welcome to my BitcoBid Review!
This company has been operating since February 2nd, 2020 and completely went under the radar.
Chances are someone is pushing this opportunity on you and now you landed here to make sure it’s legit.
The good news is I am going to walk you through the company, products and compensation plan so you can make the right decision.
Just remember to pay close attention and read this to the end…
What is BitcoBid Review?
BitcoBid Limited doesn’t really claim to do anything which is a bid odd for a company like this to be honest.
Normally they talk about how they are trading in forex or crypto, but nothing about that either.
If you do look at their website, seems like it was created when the internet was first invented.
Who Runs BitcoBid Limited?
Bitco Bid has no information on who runs or owns the company…
I decided to take a look at their domain information to see if I find anything and it looks like that “bitcobid.com” was privately registered on January 16th, 2021.
When you look at their FAQ under “Who Manages The Funds?”,
They claim the funds are managed by a team of Bitcobid Limited HYIP investment experts.
The question is who are these experts?
Well, there is no information about the experts either so this company seems to be another faceless company.
What Are BitcoBid Limited Products?
Bitcobid has no information on exactly what they do and what kind of products they have.
Only thing you can do is become an affiliate and promote their affiliate membership.
On top of that, you can invest into the company on a guaranteed return.
How To Make Money With BitoBid Limited?
Bitco Bid has two ways you can make money from them.
First method is to invest into their investment package and get a guarantee return.
The second method is to recruit others who invest into the company and earn a commission.
Investment Packages
Bitco Bid makes it pretty simple when it comes to their investment packages because they only have one.
- Plan 1 – invest $10 to $100,000 and receive 2% weekly ROI
Referral Commissions
Bitcobid Limited pays you a flat 1% commission on your personally recruited members.
Which is different compared to a lot of crypto style companies out there like Bitradex Finance, Calvert Investment and RevBo that pay more than one level.
Cost To Join BitcoBid Limited
BitcoBid affiliate membership is actually free to get started with, but if you want to be part of the investment opportunity you must invest anywhere between $10 to $100,000 USD.
They use something called “Perfect Money” which is an ecurrency company to fund the investments.
You will have to open a free account.
What Are Other BitcoBid Reviews Saying?
Right now BitcoBid reviews out there are generally positive because the company is actually paying out.
But I am going to reveal in the final verdict that doesn’t really mean anything when it comes to a legal investment opportunity.
Final Verdict Should You Join?
So does the BitcoBid scam exist?
Let’s just look at the facts…
First we have no idea who runs or owns the company which is a huge red flag.
Second, we have no idea what the company even does to produce those weekly returns which is another red flag.
Third, the website looks like it was created in 1995 with no real information about anything.
It’s safe to assume that new investments are paying off existing members.
Because of their very low commission rate and low returns, they seem to be running longer than the usual.
Unfortunately there will be a day when recruitment does slow down and the company will exit scam on their investors.
Because the admin(s) are anonymous, no one can he held accountable.
This company is already going for a while so the exit scam can happen any moment now…
Do NOT invest….
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-Jesse Singh
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