Bit24Daily is a cryptocurrency trading website that promises to pay you 150% ROI every 5 days. Find out if it’s a scam or a legitimate investment opportunity today in our review.
What Is Bit24Daily?
Bit24Daily, found online at Bit24Daily.com, is a bitcoin investment scam that promises to give you ridiculous returns on your investment. All you need to do is give the company a bunch of your money, and they’ll magically turn it into more money within just 5 days. The company doesn’t provide any proof of its earnings, and we can’t find any evidence that they’ve paid anyone.
Nevertheless, Bit24Daily continues to insist that its “investment plans” will pay ROIs of 120% to 150% in just a 5 day period. The more money you give the company today, the more you can earn.
Obviously, we’ve seen plenty of similar scams like Bit24Daily – particularly in the bitcoin community. Let’s take a closer look at how this one works.
How Does Bit24Daily Work?
Bit24Daily makes enormous promises about its returns, promising to pay users 150% ROI in just 5 days. That’s a return of several thousand percent per year – guaranteed.
How does Bit24Daily make such spectacular returns? What type of secret investment plan or portfolio do they have?
Bit24Daily refuses to disclose any information about its investment strategy, or provide any proof to show that it’s earning 150% returns every week from trading activities. They vaguely mention about how they participate in “pump and dump scams” and time those scams perfectly.
As far as we can tell, Bit24Daily generates income exclusively from memberships. Just like a Ponzi scheme, Bit24Daily attracts investors by promising them high returns, then waits until it collects enough money before shutting down. We’re guessing that’s the case with Bit24Daily, as we can find no evidence to suggest it’s a legitimate service or platform.
Bit24Daily offers three different investment plans, including:
120% ROI in 5 Days: 0.001 BTC to 5.000 BTC
135% ROI in 5 Days: 5.001 BTC to 10.000 BTC
150% in 5 Days: 10.001 BTC to 100 BTC
Bit24Daily even has a profit calculator you can use to see exactly how much money you’ll make by buying into one of these investment plans. BTC is the only accepted deposit method, although the company claims they’ll be accepting LTC in the near future.
Bit24Daily Affiliate Plan
Bit24Daily has a “Special Representative Program” where it pays affiliates down two tiers of referrals. On the higher plans, this pays at 7% and 2% at each level, while the lower plans pay at 3% and 2% at each level.
Who’s Behind Bit24Daily?
Bit24Daily describes itself as “a private online cryptocurrency investment company” registered in Tokyo, Japan.
The company provides an email address, [email protected] They also list an address in Tokyo, although we can’t find any proof that they’re actually located at that address.
Typically, when someone is asking you to send them several thousand dollars online, you want to know more about that company and their background. You never want to send bitcoin to a stranger online.
Conclusion: Is Bit24Daily a Scam?
Bit24Daily is definitely a scam. The company promises to pay you 150% every 5 days, guaranteed, despite giving us no information about how it makes money – like through trading or mining. When you see someone offering ROIs as high as this, and then demanding you pay money in bitcoin, then you can be 100% certain that you’re being scammed. That lesson is doubly true when the company refuses to give us any information about itself or who’s running it.
Bit24Daily is a bitcoin investment scheme that you should absolutely avoid.