What is Bitcolex.com? Is Bitcolex Scam or Legit?

Bitcolex Review:- Bitcolex.com Scam Alert!

What is Bitcolex Limited? Is Bitcolex.com a scam or a legit? Is Bitcolex safe to invest or not?

Bitcolex Limited is a combination of Ponzi and Pyramid schemes which both are illegal and unsustainable schemes. So, Bitcolex is a scam and isn't safe to invest money.

If you don't know what is Ponzi scheme and Pyramid scheme, then you can find the details by clicking the following respective links:-

Ponzi scheme:- newsonlineincome.com/ponzi-scheme/

Pyramid scheme:- newsonlineincome.com/2017/03/06/what-is-pyramid-scheme/

Now it is clear either is Bitcolex a scam or a legit, what is Bitcolex Limited in real. However, if you want to find out more details on Bitcolex, then also you don't have to search any other Bitcolex.com reviews, because here, within our Bitcolex.com review, we are going to provide the complete truth about this company. So, you search for Bitcolex reviews ends here.

OK, let's begin with our detailed review of Bitcolex Limited as below.

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Bitcolex login and join in link:- Bitcolex.com (Not recommended to join, it's a scam)

Aforementioned, we already made you clear Bitcolex Ltd is a scam because it is an illegal company, a combination of Ponzi and Pyramid schemes, however, maybe now you want to know why is it an illegal company, what are other factors which makes it a scam and so on. If so, then you can find those details as below:-

• Bitcolex is a Ponzi scheme because it claims to pay the unsustainable rate of return such as 10% profit daily and also claims it can make such huge amount of profit by investing in cryptocurrency mining and trading. However, that is completely bogus claim because the real cryptocurrency mining companies like Genesis Mining never can guarantee such high rate of return on such a short period of time. If you don't know what is Genesis Mining, then you can find the details on Genesis Mining by clicking this link:- newsonlineincome.com/genesis-mining/ So, it is clear that Bitcolex is not making any real profit and only routing the money between the members and that is also only to pay few members at starting in order to show the payment proofs so that it can lure more people into its scheme and collect the huge amount of money and run away with that. These kinds of schemes are known as a Ponzi scheme which will not pay the majority of members at the end.
• On the other hand, if any company can guarantee to pay up to 10% daily, then why even that company needs to collect the investment from several people by paying them up to 10% daily instead of taking a loan from a bank in much more lower rate, less than 1% monthly if they need to raise a fund to invest in their project. So, this again proves the business model of Bitcolex is bogus.
• Bitcolex is also a Pyramid scheme because it offers 3 level referral commission same like MLM (Multi-Level Marking) companies, but on the sales of its ROI Ponzi plans, not on the sales of any real products or services. So, if any company offers the referral commission up to multi-level downlines without selling any real products or services, then that company falls into an illegal scheme category known as a Pyramid scheme.
• Don't go after its UK Companies House registration document, that is not the proof of legitimacy. Anyone can provide the fake details to register a company in the UK Companies House. If you want to find out in detail how the companies are registered in the UK Companies House, then you can click this link:- newsonlineincome.com/scam-companies-registered-from-uk-companies-house/
• Besides the UK Companies House registration, Bitcolex hasn't provided any information about its owner. It has also concealed the owner details and company location within its WHOIS details. In online business industry, we should never believe those companies who hide their owner details.
• In the past 1000s of companies similar to the Bitcolex have already scammed millions of money from many people which once again proves Bitcolex is one of those scams.
• Legal authorities have already seized many similar kinds of companies. Involving with these kinds of companies is a crime and legal authorities have already issued a warning to the general public to stay away from these kinds of companies.

Aforementioned, now it is clear that Bitcolex Limited is a Ponzi scheme with unclear owner details. So, Bitcolex.com is a scam. That's why we have listed it in our Bad and Scams category. So, your search for Bit Colex reviews ends here. Now, maybe you want to find out the genuine and trusted ways to make money online. If so, then you can find the list of genuine and trusted online works and businesses by clicking this link:- newsonlineincome.com/legitimate-work-home-businesses/

Among those genuine online works and businesses, our No.1 recommendation is Wealthy Affiliate about which you can find the details by clicking this link:- newsonlineincome.com/wealthy-affiliate-review/

If you are tired of scams and looking for the ways to detect either any site is a scam or not by yourself, then you can find some tips by clicking this link:- newsonlineincome.com/2017/03/23/how-to-know-scams/

We love to hear from you. So, please feel free to leave your comment below if you have any queries related to Bitcolex or related to the online business industry.

We will be more than happy to hear from you and help you.

Good Luck!