24BitDeposit (24bitdeposit.com) is an online investment opportunity which claims to earn its users returns of up to 390% within 10 hours. There is no evidence to support their outrageous claims. While we were investigating this service we found many misleading factors which makes us believe that 24BitDeposit is a fraudulent platform. Read our full review to find out why you should never indulge with this scam in any way.
24BitDeposit Scam Warning-
There is no information available about the creators or developers of this platform. The actual creators behind this platform have maintained complete anonymity. Always remember the lack of transparency is a sign of a scam.
24BitDeposit 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 24BitDeposit has never been licensed which means they are trading and investing for their clients illegally.
24BitDeposit does not talk anything about how the signals are generated or how the funds are allocated? We do not know which parameters are considered by this firm before executing the trades. There is no report of previous performance report of these so called experienced traders. How can they expect the investors to trust their firm without telling them how their funds will be handled and the trading system it follows.
24BitDeposit claims to earn its users returns of up to 390% after 10 hours. These type of returns are not only difficult to achieve but also highly unlikely. The platform displays different investment plan where in for higher returns the users have to increase their starting deposit. High return claims are used just to catch your attention and trick you into thinking that you can become rich very quickly. Ask yourself if this platform could really generate the type of returns as advertised with little to no risk associated why would they offer it to the public for a minimal cost?
24BitDeposit claims to actively trade on Crypto Currency market. Most of the legitimate automated solutions provide their users with demo account so that they can practice different trading strategies and systems without risking any money. This platform does not feature a demo account. If you encounter any problem on their website the support team can be reached through telephone and email.
The basic investment plan on this platform starts at $25 and goes up to $20,000. The deposit and withdrawal methods supported by this platform are Bitcoin, BitcoinCash, Litecoin, Ethereum, advcash, Payeer and Perfect Money.
24BitDeposit features characteristics similar to a ponzi or a pyramid scheme. Like most fraudulent investments their main goal is to make as much money as possible from registrations before they get shut down and run away at your expense. The affiliates are paid a percentage of deposits made by their referrals. Note that the affiliates do not have to be an active investor in order to get their commissions.
24BitDeposit Review Conclusion-
24BitDeposit is a high yield investment program which is operating illegally. Keep your hard earned money safe and stay away from this scam.
Review Date: 2018/06/17
Author Rating: 1/5
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