What is Bitwallio.com? Is Bitwallio Scam?
You are reading this article it means you have some queries regarding Bitwallio.com. Do not worry in this Bitwallio review we will answer all your queries. There some general questions asked by our readers. The questions like, is Bitwallio Scam? Or is Bitwallio Legit? Or is Bitwallio Real? Or is Bitwallio Fake? There are many websites operating on the internet that offer an investment platform. They make the investment so simple that practically member has to do nothing. The investment market is of volatile nature. Therefore, no one can guarantee the money. Still, Bitwallio website assures you to pay profit on your investment. If you are not interested to read the full review, we can brief it for you. The Bitwallio website is “Not Recommended” by us. It is because they are working on the Ponzi scheme. Under this scheme, a company pays to its old members from the money invested by the new members. Since it is not a good way of working for any company, therefore, many countries have declared this scheme illegal.
If you are willing to know about the legit websites on the internet, we offer you our list of legit websites. You can access the list by clicking the link: https://onlineincomeresources.com/legitimate-work-at-home-opportunities
In our list, the Wealthy Affiliate Company is the one who got rank 1. It is working for last 13 years and still running good. They offer its members different training programs, services and mentorship to earn a full-time income. To know more about the Wealthy Affiliate Company, you can visit our review page by clicking the link: https://onlineincomeresources.com/the-wealthy-affiliate-review-scam-or-legit
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How does Bitwallio work?
The certificate of registration provides legitimacy to a company. The Bitwallio websites also got a registration certificate for itself. The registration certificate is of UK Companies House. The certificate claims that the company is registered under the company name: BITWALLIO LTD and the company number: 10903998. This certificate does not carry legitimacy proof for any company. It is because companies already not recommended by us also got this certificate. The reason behind this, may be the easy availability of the certificate. Yes anyone can have this certificate for their company by paying just 20GBP. The websites with the same certificate listed on our Not Recommended list also turned into a scam website after a period of time.
The company does not provide any kind of information of its owner. The company also not informed the members about the personals working in this company. We should know such basic details of the company. It is because you are investing your hard earned money and therefore should know about the person whom you are going to hand over your money. We tried to find out about the company owner in WHOIS records. But the company has guarded the information in the records. It means that company is intentionally hiding and does not want to reveal their identity to the people. It is may be due to fear of getting caught.
The investment plan is the soul of an Investment Company. The Bitwallio is offering very straight investment plan i.e. they will provide you 90% interest after one month. It is huge because if we calculate it on annual basis will turn out to be 1180% of interest. The numbers shown cannot be achievable in the real world. Only the HYIP sites, scam website or non-legit website leverage it. They have no obligation to pay as per their claims. It is how Ponzi scheme also works, the company will accumulate huge investment from the people and after some time they will be going to run away. This is a very unsustainable business model and not conducive to any company that is legit. It is not good to invest in this website just believing the number.
The company also got an affiliate program that is also lucrative in nature. The company is offering 20% of the deposited amount transferred by the referrals. This makes the company more non-reliable from an investment point of view. It is because the company is not selling any real product or services to its members. They are going to pay this amount in the same manner in which they are paying the interest i.e. on the new investment. Therefore, in the absence of any method to earn money the company is accumulating huge debt over it.
The Bitwallio is Not Recommended by us. It is due to various issues that we have discussed in the above paragraphs. Still, you’re the master of your fate. To invest in this website or not will be your decision. We have just provided you some essential questions that you must ask company before investing in the company.
The Wealthy Affiliate Company is the one which helps people to earn money online i.e. a full-time income. They have great programs and services to offer. The Wealthy Affiliate Company mentors its member through their period. To know about this amazing company, click the link given: https://onlineincomeresources.com/the-wealthy-affiliate-review-scam-or-legit
If you still have any doubt about the Bitwallio website please share it with us. You can write your doubt in our comment section. We will be happy to help you.