Bitclars Review: Scam or legit? bitclars.io claims it could double your money 200% in just 24 hours. How true is this? 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 Bitclars Doubler, we provide you information based on our investigations and user experiences to help guide you make the proper decision.
WHAT IS BITCLARS
bitclars.io is a platform that claims it is a reliable money doubler. According to the information on their platform, what makes them unique is their lucrative referral program, DDOS Protection and Automatic Payouts. But the question is Is bitclars.io legit? Can bitclars really double your money?
HOW DOES BITCLARS WORK?:
According to the information on their platform ‘Our programmers have developed a unique program to effect the purchase and sale of cryptocurrencies, which increases the number of profitable trades’.
The question then is: How sure are you that bitclars.io wouldn’t abscond with your Money?
SHOULD YOU DOUBLE YOUR MONEY WITH bitclars?:
The answer is NO. Below are the reasons why bitclars.io is not Trustworthy.
- This Firm is Unregulated. It has no license from Financial Conduct Authority.
- Lack of transparency.
- Anonymous lots
- Lack of substantial information
BITCLARS 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 built with the intention of scamming eager investors. This can be seen from the unrealistic returns. 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.
Sometimes these platforms might pose as an investment platform, doubler platform or even a mining platform. But the truth is that they do not have the equipment that make them what they claim to be. Rather what they do is circle the funds of investors, and when they have made a lot of unsuspecting investors trust them, they stop paying.
bitclars is a scam, the likes of Doublertoday Bitdoubler, 6coinx, Moonrocket, Get2X, Bitcoinprofitxyz, Fast2x, and Bitpimp pay2x which are scam doubler. They might process some withdrawals once in a while, but will ultimately end in a horrible way. We advise you to stay away from bitclars.io!
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.