Bit Together (bit-together.com) is a high yield investment program which claims to earn its users returns of up to 13% daily. While we were investigating this service we found many misleading factors which raises a lot of concerns. Read our full review to find out why we recommend everyone to stay away from this fraudulent platform.
Bit Together Scam Warning-
The creator behind this platform is a person known as Jamie Henry. Apart from his name there is no information available about him anywhere on their website which makes us believe that he is a fictitious entity. Always remember the lack of transparency is a sign of a scam.
Bit Together does not talk anything about how the funds raised from investors will be utilized? We are only told that the funds are handled by a group of alleged investment experts and traders. We do not know which parameters it considers before executing a trade. Bit Together does not provide assurance about the reliability of the software. How can an investor trust this platform with their funds without knowing the win rate and draw downs of the trading system it follows?
Bit Together claims to earn its users returns of up to 8% after 30 hours. These type of returns are not only difficult to achieve but impossible to deliver on a consistent basis. High return claims are used to catch your attention and trick you into believing that you can become rich very quickly. Ask yourself if this firm could really produce the type of returns as advertised why would they offer it to the public for a minimal cost?
Bit Together represents an ICO wherein it requires its members to invest a certain amount of money and in return they are provided with a fixed predetermined returns. While we were trying to validate their service we could not find any certificates confirming licenses they must lawfully hold. We have confirmed through the FCA Bit Together has never been licensed which means they are trading and investing for their clients illegally.
If you encounter any kind of problem on this platform the only way to contact the support team is through email.
Bit Together features characteristics similar to a ponzi scheme. Like most fraudulent investments their main goal is to make as much money as possible from registrations before they get shut down. The affiliates are paid a percentage of deposits made by their clients. Note that the affiliates do not have to be an active investor in order to get their commissions.
Bit Together Review Conclusion-
Bit Together is an unreliable investment platform which is operating illegally. Do not invest your money into this firm for any reason.
Review Date: 2018/05/28
Author Rating: 1/5
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