What is Megabitchain.com? Is Megabitchain Scam?
If you are searching to know about Megabitchain.com, then you are reading the right article. Online investment is not new but bitcoin investment market is. There are many stories we heard about the success of bitcoin. Many people earned from this emerging currency and it is trending also. Every day thousands of people buying bitcoin and today it is one of most priced currency. Many people are taking the advantage of this new investment market in different way i.e. through cheating. Some questions are general and arise in the mind of readers like, Is Megabitchain Scam? Or is Megabitchain Legit? Or is Megabitchain Real? Or is Megabitchain Fake? In this Megabitchain review we are going to provide the answers of the stated questions. If you do not want to read the full article and want our assistance instantaneously then ‘we do Not Recommend this website’. It is working on the phenomenon of ponzi scheme. In this scheme company pays to its register members from the money deposited by the new members. This is illegal because many companies working on this phenomenon run away with people money.
There are various website operating on the internet that working genuinely. We have prepared a list of some good website. You can visit the page by clicking the link: https://onlineincomeresources.com/legitimate-work-at-home-opportunities
Among various website Wealthy Affiliate company has been ranked as no. 1. It has a great past of 12 years and still running greatly. They have helped many people to earn money online. They just not only provide various training programs but also mentor the member to earn money online. If you want to know more about Wealthy Affiliate Company then you can visit our page of its detail review by clicking the link: https://onlineincomeresources.com/the-wealthy-affiliate-review-scam-or-legit
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How does Megabitchain works?
Let’s talk about the investment plan which is the basis of every Investment Company. First plan, 8% interest daily for 100 days on deposit of minimum amount: 0.005BTC and maximum amount 5BTC. Second plan, 12% interest daily for 200 days on deposit of minimum amount: 5.001BTC and maximum amount 30BTC. The third and final plan 16% interest daily for 300 days on deposit of minimum amount: 30.001 BTC; maximum deposit: 300BTC. These are very high numbers to promise. The high returns show that they are operating as one of the HYIP sites. HYIP sites initially pay higher returns and it benefit only to those members who are registered in starting. Later on they stop the payment and run away with people money. Their business model is very vague and unsustainable also. They are going to collapse soon.
The trust is build upon the edifice of transparency. Transparency comes through information. Megabitchain does not provide any information of its owner or experts on their website. It means you do not know to whom you are trusting with your money. They also hided their information in WHOIS records, which make impossible for us to know anything about them. They are hiding their information intentionally and this is the most common feature of scam sites.
The company provides UK companies Registration certificate as their one of the proof to be a genuine company. They have registered themselves under the company name: MEGA BITCHAIN LIMIT and company number: 11032438. Many cryptocurrency investment websites which we have already not recommended are also had this registration. It means that, acquiring UK registration is simple and through our research we came to know that we have to pay just 20GBP to register any company. So their claim to be genuine company is not solid and for an investment company it is not enough.
They have also affiliate program as their one the plan. To avail the benefit of affiliate program there is no need to do investment. Affiliate program help website to increase the traffic and in reward they give commission to users. Genuine companies provide commission very low but they are providing 4%-2%-1% commission. These numbers are high and not viable for a company to sustain for long. It means that company will soon going to collapse. It is futile to invest on such a company which has no future.
We do Not Recommend Megabitchain Company. Since it is working on ponzi scheme phenomena which is illegal. We advise our readers, not to indulge with Megabitchain website. Maintain a distance from such sites. Before investment you should ask question as many as you can because you are going to put you hard earned money into someone else hand. Earning online money can be done in many different ways. Do not fall into the trap of profitable claims.
There are many website offering help to earn money online. Wealthy Affiliate Company is one of the website which already helped many people around the world. They have provided many online courses and mentor its members. If you want to know more about Wealthy Affiliate Company then you can visit our page by accessing the link given: https://onlineincomeresources.com/the-wealthy-affiliate-review-scam-or-legit
If you have any more doubt regarding Megabitchain then feel free to ask. Please drop your valuable comment in our comment box.