What is BitXGroup.Trade? Is BitxGroup.Trade Scam or Legit?


BitXGroup.Trade is a scam. Now, maybe you want to find out why is BitXGroup.Trade a scam, what is BitXGroup Limited in real. If so, then you don't have to be worried and search for other BitXGroup.Trade reviews because here, within our BitXGroup.Trade review, you are going to find out the complete truth about BitXGroup Trade.

 

However, after knowing the fact that BitXGroup Limited is a scam, if you don't want to find out more details on it, but instead want to find out the genuine ways to make money online, then you can find that simply by clicking this link:- newsonlineincome.com/legitimate-work-home-businesses/

 

Although we have listed several kinds of genuine ways to make money online, our No. 1 recommendation for that is Wealthy Affiliate. If you don't know what is Wealthy Affiliate, then you can find the details by clicking this link:- newsonlineincome.com/wealthy-affiliate-review/

 

OK, let's continue with our BitXGroup Limited review to find out in detail what is BitX Group Trade in real and why is a BitXGroup Limited scam.


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BitXGroup.Trade complaints. BitXGroup Limited reviews. BitXGroup Limited legit or scam?

BitXGroup Limited login and join in link:- BitXGroup.Trade (Not recommended to join, it's a scam)


Why is BitXGroup Limited a scam? What is BitX Group Limited in real?

BitX Group Limited is a scam because it is a combination of Ponzi and Pyramid schemes which are neither legal nor sustainable schemes. Legal authorities have already seized lots of similar kinds of companies. Involving with these kinds of companies is a crime and legal authorities have already issued the warning to the general public to stay away from these kinds of companies.

 

If you don't know about Ponzi and Pyramid schemes, then you can find the details by clicking the respective links as below:-

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

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

 

The other reasons which make BitX Group Trade a scam are:-

  1. The only verifiable source of income that we can verify in BitX Group Trade (BitX Group Limited) is not other than the money invested by the affiliates. More than that, there is not any other verifiable source of income coming into the BitX Group Limited although it claims it is making a profit from Bitcoin mining and trading. It fails to provide the proof of its source of income. Actually, in reality, none of the Bitcoin miners or traders can guarantee such high rate of return in such a short period of time. So, that proves  BitX Group Limited is paying existing members using the money invested by new members, same as other Ponzi schemes. The real bitcoin mining companies like GM never can guarantee the fixed rate of return in fix period of time. If you don't know what is GM, then you can find the details by clicking this link:- newsonlineincome.com/genesis-mining/
  2. BitXGroup Limited is claiming to pay up to 115% profit in 10 days on the deposit amount of members. However, none of the legit companies will offer you such high rate of return because legit companies can easily take a loan from a bank in less than 1% monthly rate whenever they need fund. So, the legit company will not collect the investment from the several people by paying them 115% profit in 10 days. So, their business model doesn't make any sense same as other Ponzi schemes.
  3. The Ponzi schemes like BitXGroup Limited only pay few members at starting by routing the money between the members in order to show the payment proofs so that they can lure more people into their scam and collect the huge amount of money and run away with that.
  4. BitX Group Trade also offers the referral commission up to 3 level referrals like MLM companies, but without selling any real products or services, just on the sales of its ROI plans which makes it another illegal scheme, known as a Pyramid scheme
  5. BitXGroup.Trade hasn't provided any details about who and from where is operating BitXGroup.Trade within its official website and also hasn't revealed those details within its WHOIS. Hiding owner details is a big warning sign in the case of investment companies like BitXGroup.Trade.
  6. Instead of providing the owner details, BitXGroup.Trade has only provided the registered document from the UK Companies House. But, that is not a big deal because anyone can provide the fake details (such as fake address) to register a company in UK Companies House. In order to find out how the companies are registered in the UK Companies House, you can click this link:- newsonlineincome.com/scam-companies-registered-from-uk-companies-house/
  7. These kinds of business models are not a new thing. In the past 1000s of similar kinds of sites have already scammed millions of money from many people which once again proves BitXGroup.Trade is one of those scams.

Aforementioned, now it is clear that BitX Group Trade (BitXGroup Limited) is an illegal and unsustainable company with unclear owner details. So, we have listed it within our Bad and Scams category.


Please feel free to share this BitX Group Limited review with your friends and families to warn them about this BitX Group Limited scam:- 



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