Billion Bit Club describes itself as the “ultimate trading tool” and promises to give you 100% returns every month. Find out how it works today in our review.
What is Billion Bit Club?
Billion Bit Club, found online at BillionBitClub.com, is an online trading platform that claims to be better than any other trading platform on the market.
While most trading platforms advertise modest returns and realistic advice, Billion Bit Club claims that its traders can expect to earn 100% returns or higher every month.
Obviously, when someone is advertising returns like this online, it’s a sure sign you’re dealing with a scam. No investment provides guaranteed returns of 100% per month – not even in the crypto space.
Is Billion Bit Club a blatant scam? Or is there any merit behind this investment platform? Let’s take a closer look at how it works.
How Does Billion Bit Club Work?
Billion Bit Club consists of four main components, including signals, an auto trader, webinars, and a debit card.
Billion Bit Club will send signals based on cryptocurrency price movements. You can subscribe to SMS signals for specific currency pairs. Billion Bit Club will also provide video instructions on how to use the signals on your dashboard.
The Billion Bit Club auto trader claims to use “an advanced custom algorithm to make quick entries and exits on the behalf of the user’s exchange account.” The auto trader generates a minimum return of 30% per month, although Billion Bit Club claims that traders can expect returns of up to 150%, which “makes our auto trader a very lucrative system that guarantees profits like no other system.” As proof their system exists, the company posts a picture of a cartoon robot.
Billion Bit Club features online video training sessions where you can learn to trade like a professional. You can see a video stream where professional traders execute trades in real-time, then you can match those trades to emulate their performance.
This is advertised as a feature on the Billion Bit Club website, although the company has no debit card in place at this time. In the future, the company plans to issue a MasterCard-based pre-loaded card that you can fund through your Billion Bit Club account.
To get started with Billion Bit Club, you sign up, then deposit funds into your account using a credit card, bitcoin, or Ethereum. From there, your money will start to generate guaranteed returns of 30% to 150% per month, every month, guaranteed.
Who’s Behind Billion Bit Club?
Like most online bitcoin scams, Billion Bit Club refuses to disclose the identity of anyone involved with the project. We have no location information for the company, and no explanation of why they’re qualified to handle your investment.
The website was registered in July 2017. The only contact information is a single email address: [email protected]
Billion Bit Club Pricing
Billion Bit Club advertises itself as a free platform where you deposit money, then make enormous returns on your investment.
However, the company appears to have a membership fee. The company’s terms and conditions mention an ongoing membership fee that’s required to stay active in the company. That membership fee comes with just a 3 day refund policy.
Once you’ve paid your membership fee, you can make money by referring other people to the platform. It appears that you get a cut of each new member’s membership fee.
We can’t find a specific price for this membership fee online. However, if you make the mistake of giving Billion Bit Club your credit card information, watch for hidden fees and charges to appear within days of signing up.
Billion Bit Club Conclusion
Billion Bit Club is a blatant investment scam. When someone talks about “guaranteed” returns of “30% to 150% per month”, every month, that’s a sure sign you’re being scammed. No investment – not even in the crypto community – comes with guaranteed returns that high. When someone tells you about an opportunity with returns like that, it typically means you’re participating in a Ponzi scheme, a HYIP scam, or some other type of illegitimate operation.
Furthermore, it’s a bad idea to send money to someone online when they refuse to disclose their identity or any other information about themselves. That’s the case with Billion Bit Club.
For all of these reasons, Billion Bit Club is one scam you should absolutely avoid.