Bit-choko Review: Scam or legit? bit-choko.com claims it could make you good profits from investments. How true is this? Is it Legit? You may have come across many systems on the internet promising you quick fortunes, the truth is that majority of them turn out to be scams. In this review of BitChoko, we provide you information based on our investigations and user experiences to help guide you make the proper decision.
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What Is Bitchoko Limited
According to what we gathered from their website “Our company offers trust assets management of the highest quality on the basis of foreign exchange and profitable trade through Bitcoin exchanges. There is no other worldwide financial market that can guarantee a daily ability to generate constant profit with the large price swings of Bitcoin. Proposed modalities for strengthening cooperation will be accepted by anyone who uses cryptocurrency and knows about its fantastic prospects. Your deposit is working on an ongoing basis, and makes profit every day with the ability to withdraw profit instantly. Join our company today and start making high profits!”
The question now is; Is Bitchoko Limited genuine? Can I trust bit-choko.com with my money?
About Bitchoko Limited Company
On their About us page they provided a registration number to show that their company is registered in UK. They provided the following contact. Address-Lion Mills, Hackney Road, London, E2 7ST, UK. Telephone- +144 2650 8230 (8:00 AM – 6:00 PM) Email-ID: email@example.com .However when we searched for the company in Companies house .We discovered their company was dissolved in April 2019. Also, the address on companies house is different from the one they provided on their About us page.
This Company offers four investment plans and an enticing lucrative affiliate program both for investors and noninvestors..
10% daily forever
- Min deposit – 0.001Bitcoin
- Max deposit- 0.5Bitcoin
12% daily forever
- Min deposit – 0.501Bitcoin
- Max deposit- 5Bitcoin
15% daily forever
- Min deposit – 2.001Bitcoin
- Max deposit- 300Bitcoin
300days after 15days
- Min deposit – 0.001Bitcoin
- Max deposit- 1Bitcoin
How Does Bit-choko.com Work
The people behind this platform Bitchoko Limited provided three steps which seem easy: Firstly, sign up with your details. This process takes three minutes. Second, Make a deposit. Choose a suitable investment plan which fits best according to your requirements and wishes. According to the information on their website, you can choose one or more investment plans. Third, Receive profits. They accept BTC, BCH, ETH, LTC, DOGE, Perfect Money and Payeer. claim that during the whole investment period their traders will actively trade on various stock exchanges and receive profits, a part of which will be sent to your account. Easy Right? There is more to what you see on their platform.
Bitchoko.com Scam Review: Disturbing Things Found
Though this platform might appear legit to a newbie, the truth is that it is just a wishy washy site that has bad name in the cyber space. Formerly known as bitchoko.biz, it scammed alot of people before it went under water.Now, it has emerged with a new domain, to scam unsuspecting investors. On the main website, there is not a single mention of company ownership or leadership. The truth About Bit-choko.com is that it is nowhere near being an Investment platform. Rather It was built with the intention of scamming eager investors. This can be seen from the unrealistic returns it offer and the lucrative affiliate program. This is a type of method of scamming unsuspecting investors. Most of this quick-profit investment schemes are HYIPs. What is a HYIP? It is a just a type of ponzi scheme. Initial investors only get paid when new people sign up and invest, what this means is that you are under pressure to bring in new investors so that you will get paid. As soon as the amount of new investor drops, the owners do away with the money invested, and the site is closed down since there is no longer enough money to pay initial investors. Those that benefit most times are the first investors. The system is not sustainable because it will surely shut down abruptly leaving your money trapped in the hands of the scammers that set it up initially.
Most of them 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. These companies claiming to be located in the UK or similar countries are not in actual sense located there.
OUR VERDICT- SCAM!
A lot of people would try to tell you otherwise but the truth remains that the people behind this platform are not using your money for trade. Rather they run a margin system otherwise known as a ponzi scheme. The ROI is unrealistic, and the affiliate program commission is an indication that they are eager for your money. Though this website looks authentic, and the testimonials sound convincing, don’t be deceived by their whitewashed lies. They might pay initial investors, but like other HYIP’s, one day they will abscond with your money when there are not enough deposits.
bit-choko.com is not a legit investment platform. Don’t be deceived by their promises.
Everyday we get complaints of people been scammed. Most people fall for these schemes because of the sweet promises of making huge profits within a short time. On a serious note, legit systems exists but scams are very very numerous. So you need a guide to help you make a good decision. We have made it our duty, by exposing scams.
They are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We constantly search them out to guide our readers so they don’t fall for scams. Always feel free to interact with us in the comment section.