Is Btcmvip.com Legit?
Hey guys, this article is about the Btcmvip.com review. I’m going to shed light on the ongoing speculation on whether it is legit or a scam. Is there any withdrawal proof from Btcmvip.com users? This article will answer that.
Is Btcmvip.com a scam? The platform is a get-rich-quick scheme.
As a rule of investing, thorough due diligence must be conducted on the platform prior to investment.
Let’s Get Started!
What is Btcmvip.com?
Btcmvip.com is an online referral platform that claims to help its users invest in cryptocurrency data centers by renting servers of different capabilities.
When was Btcmvip.com formed?
The launch date of the platform is unknown but according to whois.com, the domain name Btcmvip.com was registered towards the end of January (26th Jan 2023). Therefore, it’s highly probable that it was launched at the start of February.
Screenshot of the information from whois.com;
Who Runs Btcmvip.com?
The owner of btcmvip.com is not known.
The person who does the coordination and customer service is the one below;
The phone code +852 is for the Hong Kong area(Asia).
How Does Btcmvip.com Works?
According to their website, this is the business model they claim to follow;
“Users purchase cloud computing power contracts through the platform, rent computing power for mining, and obtain fixed income.
The advantage of cloud mining is that users do not need to have a deep understanding of mining principles and various hardware and software, do not need to buy expensive mining machines, and do not need 24-hour maintenance. To put it simply, cloud mining means that users run computing power mining in remote data centers, and users only need to use computers or mobile phones at home to operate.
For example, through the BIT Mining cloud computing platform, one-click mining. You need to have a clear idea of the revenue of each mining machine. Example: BTC- 45 price: 4500KSh, period: 46 days, daily income: 202. 5KSh, total income: 9315 (Note: You can continue to rent after the contract expires.)”
Btcmvip.com website
Ways to Earn in Btcmvip.com
They claim that anyone can start making money anytime, anywhere BTCM helps you realize your dreams.
These are the available ways to earn;
1. Machine Income
The first way is machine income.
These are the 5 plans they offer;
2. Promotional Reward
For each successful promotion of a machine, a reward 200-10000KSh.
3. Promotion Machine Commission
You earn (10%-20% commission for each promotion machine).
Read Also // Oneforma Review-(Payment Rate, Requirements, Jobs + Others in 2023)
Red Flags
1. Information Duplication
Information on the website is a complete copy from Btcm.group the company Known worldwide for mining crypto.
Compare them below;
The clone:
2. Their website Domain is a clone.
Website cloning is a popular method to scam people out of money and/or to damage the credibility of reputable websites and companies. Any website can be cloned with minimal effort; cyber criminals create a “clone” site that may look exactly like the original site, barring a very small change in the web address.
The cloned websites have a URL which is close to the original and can fool users by exchanging lookalike characters, doubling certain characters in the URL, or registering a domain where a single letter is different.
AlertLogic.com
3. Unprofessional Website design
The website is clumsy and unprofessional. How can one manage servers worth millions and be unable to get a better website design?
For PC, the website is worse;
4. False Information on their website
The events listed on the website are dated 2019 even though the platform was created after January 26th.
5. Disappearing messages on WhatsApp is a red flag
Is Btcmvip.com Legit or a Scam?
Ultimately, Btcmvip.com like any other Ponzi scheme exhibits too many signs of deception to be trusted. Yes, people make money through Ponzi schemes but they can decide one morning that they will close the business after hitting their targets and your money will be lost.
If you want to make money in crypto, I prefer mining PI coins which are free, 1 PI coin is $0.40 currently at the black market. The public mainet is yet to be unveiled.
Mine and Earn 👉 here