BTCBox.cc is a scam company because it is not a legal company but is a combination of two illegal schemes and those are Ponzi and Pyramid schemes. If you don't know what is Ponzi and Pyramid scheme, then you can find that by clicking the respective links as below:-
Ponzi scheme:- newsonlineincome.com/ponzi-scheme/
Pyramid scheme:- newsonlineincome.com/2017/03/06/what-is-pyramid-scheme/
Yep, we agree that BTC Box has provided the document registered from the UK Companies House, but that is not a big deal and not the proof that this company is legit. If you want to know why we can't trust the companies which are registered from the UK Companies House, then you can find that by clicking this link:- newsonlineincome.com/scam-companies-registered-from-uk-companies-house/
Besides that registration document, BTCBox hasn't provided any details about who and from where is running and operating the BTC Box. Those details are also hidden within the WHOIS. Actually, when any online companies want to hide their owner details, then that is the proof that those are not good companies because none of the legit companies hide their owner details, only scam companies do.
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Although we didn't find the owner details within its WHOIS, but also we have found that other information in its WHOIS details matches with other scam companies known as BTCClock and BTCHash which proves that this company is running and operating by the same scammer.
Now you are clear either is BTCBox a scam or a legit and what is BTC Box in real. So, now you don't have to search any other BTCBox reviews in order to find out the answer of those queries. You will also find out why is BTCBox.cc a scam (a combination of Ponzi and Pyramid schemes) within our BTCBox review here later.
However, after knowing the fact that BTC Box is a scam, if you don't want to find out more details on it but want to find out the list of legit online works and businesses so that you earn regular income online, then you can click this link:- newsonlineincome.com/legitimate-work-home-businesses/
Among all of those legit 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/
OK, let's continue with our BTCBox.cc review to find out in detail what is BTCBox and why is BTCBox a combination of Ponzi and Pyramid scheme.
BTCBox login and join in link:- BTCBox.cc (Not recommended to join, it's a scam)
BTC Box is a combination of two illegal schemes, Ponzi and Pyramid schemes because of the following reasons.
Why is BTCBox a Ponzi scheme?
BTCBox.cc is a Ponzi scheme because it offers to pay up to 4.32% interest rate daily for 30 days, means up to 230% profit within 30 days and it claims it can make such a huge amount of profit in such a short period of time by investing the money of members in cryptocurrency trading and mining but fails to provide the proof of that trading and mining.
Actually, none of the expert in cryptocurrency trading and mining can guarantee to pay up to 230% profit within 30 days which proves the claim of BTCBox is a bogus.
Real cryptocurrency mining companies like GM never can guarantee the fix rate of return in fix period of time and that is also such a high rate of return like BTCBox is claiming. If you want to know what is GM, then you can find that by clicking this link:- newsonlineincome.com/genesis-mining/
Let's think in general way. If any company can pay 4.32% daily interest rate on the investment amount, then why that company needs to ask the several people to invest in their project and pay them 4.32% daily instead of paying less than 1% monthly interest rate to any local bank by taking a loan from there? It is because in order to take a loan from a bank, its business need to be real with the real financial statements and legal documents which simply BTCBox doesn't have.
The Ponzi schemes like BTC Box pay few members at starting by routing the money between the members so that they can show the payment proof and lure more people into their scam and collect the huge amount of money and run away with that.
The only verifiable source of income coming into the BTCBox is the money invested by the affiliates. So, that proves BTCBox is a Ponzi scheme.
Why is BTCBox a Pyramid scheme?
BTCBox.cc is a Pyramid scheme because it offers to pay the referral commission up to 2 level of referrals like in MLM Companies, but without selling any real products or services, just on the sales of those Ponzi ROI plans.
None of the company can sustain by paying the multi-level referral commission on the sales of ROI plans or upgrade fees without selling any real products or services and those which offer to pay such commission without selling any real products or services are marked as an illegal Pyramid scheme.
Aforementioned, now it is clear that BTCBox is a Ponzi Pyramid hybrid with unclear owner details. So, BTCBox is a scam and we have listed it within our Bad and Scams category.
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