What is Bitstant.io? Is Bitstant Scam or Legit?
If you are searching about Bitstant.io then your search ends at the right page. In this Bitstant review will try to end your curiosity about this website. There are some general questions that people ask us like, is Bitstant Scam? Or is Bitstant Legit? Or is Bitstant Fake? Or is Bitstant Real? To earn extra income people try to invest their money. Bitstant is one of the websites that offer a platform to invest. They have the investment as well as the referral programs for you. Their basic work is to receive money from the investor and provide them profit or interest. If you do not want to read the full article and need our assistance at the present moment then we do “Not Recommend” Bitstant website. It is because they are working on an illegal Ponzi scheme. Under it, the company pays to its member the interest it claims from the money invested by the new members and so on.
If you are not looking to know about some good websites that help to earn money on the internet, then we want you to see our list of some legit website. To access the list click the link given: https://onlineincomeresources.com/legitimate-work-at-home-opportunities
In our list, the Wealthy Affiliate Company has got itself a top position for a long time. They are working to help people to earn a full-time income at home. To know more about the Wealthy Affiliate Company, click the link provided: https://onlineincomeresources.com/the-wealthy-affiliate-review-scam-or-legit
Advertisement Section Start
Advertisement Section End
How does Bitstant work?
There is very interesting investment plan offer by Bitstant website. As we have already mentioned that Bitstant is basically an Investment Company. It allows you to invest your money with them and earn interest. But what we did not mention is their investment plan. The company is offering 3% daily interest forever. It is the basic scheme that many websites offer but the interesting part is their 0.1% extra daily appraisal. The more days you spent on this website more will be your interest. The problem with this investment plan is that it is impossible in real world. Yes, paying interest daily is not possible for any company. There are many large and central banks work in the world. They also pay interest but on an annual basis. Therefore, the investment plan of Bitstaat is unsustainable. It is not good for any company to work unsustainable. It will not good for investor also to invest in this company which got no future.
As aforementioned, that company is working on Ponzi scheme. Since the Bitstant does not have solid plan to earn money and they are totally depended on the people investment. Therefore, when they will accumulate huge money from the public they will be going to run away with all money.
The company also has a different and interesting referral program. The Bitstant is paying direct 15% referral commission to its members over their whole investment period. It is a very high commission. Since it is not selling any real product or services, therefore, they will pay the money from the investment of their members. It makes the company more non-reliable from the investment point of view.
The company legitimacy depends only on its registration certificate. The registration certificate is of UK Companies Registration House. The company is registered under the company name: BITSTANT LIMITED and the company number: 11121417. The disturbing point is that almost every website listed on our Not Recommended list also has this certificate. Through our research, we came to know that this certificate can take this certificate by paying 20GBP. It means this is not a hard task to get this certificate. Therefore, we can conclude that this certificate is not enough or right thing to prove company legitimacy.
The company website did not provide any detail of their owner. The owner information is must because it increases the transparency, trust, and credibility of a company. The details of any person working in this company are also not available. The company did not share its information in WHOIS records. It means the company intentionally hiding and does not want to reveal its real identity. So if any company is not able to provide its information then it is a sign that company is not right. Therefore, to invest in this website will not be a wise decision.
Bitstant is Not Recommend by us. It may pay you initially but later or sooner they are going to run away with all your money. It is because this is how Ponzi scheme works. They are not a good people because they do not have any legitimacy or authenticity. They have just provided the information about the website and did not share any information about them. We will advise you to avoid this website and also spread the awareness about such website in your social circle.
If you are interested to earn a full-time income on the internet, we present you the Wealthy Affiliate Company. This company is working to help you to earn good income online. It is not a quick money earn website. They have different services and training programs to offer you. To know more about the Wealthy Affiliate Company, visit our webpage by clicking the link: https://onlineincomeresources.com/the-wealthy-affiliate-review-scam-or-legit
If you have any doubt about Bitstant website, share it with us by commenting on our comment section. We will be happy to help you.