Bitcoin Arbitrage Review: Scam or Paying? thebitcoinarbitrage.com claims it could make you 10%profits from BTC after every eight hours. 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 Bitcoin Arbitrage, we provide you information based on our investigations and user experiences to help guide you make the proper decision.
What Is Bitcoin Arbitrage
The Bitcoin Arbitrage allegedly offer you the fastest and the most legit way to successfully accumulate your BTC by getting you 10% profit every 8 hours. They claim their sophisticated technology does all the hard work, making sure that every customer is 100% satisfied and that every trade goes through smoothly.
How Does Bitcoin Arbitrage Work
The first step is to visit their Investment page. Their system will automatically generate you a BTC deposit address which you can use for making a Deposit. Your Deposit will appear in the transactions table after 1 confirmation from the network. After 8 hours you will automatically receive your Deposit amount + 10% Profit to the BTC address from which you have made the Deposit. They claim they are the most trusted Crypto arbitrage trading / investing platform. The question now is ‘Is thebitcoinarbitage.com legit?
Thebitcoinarbitrage.com Scam Review: Disturbing Things Found
Most of this scam 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.
thebitcoinarbitrage 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.
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