Since its release in 2009, bitcoin is an emerging cryptocurrency that allows secure digital cash transfers. It has disrupted the financial markets by providing a decentralized peer-to-peer payment system. Its growth has seen a lot of investors and entrepreneurs take keen interest in bitcoin trading.
As a result, entrepreneurs have created bitcoin trading enterprises and investors have gone ahead to invest in them. But, statistics seem to indicate that many bitcoin trading companies are not genuine.
Headquartered in London, UK, HowellBit is yet another bitcoin mining company. Their mission statement – to specialize in bitcoin production by implementing ASIC-miners. As such, they are able to provide investors with appealing investment offers and partnership programs to enable them make passive income.
For instance, clients can invest in marketing the company to earn huge profits. You don’t even have to understand mining or know bitcoin prices in the market. You only need to market the firm after registering with them. Do you smell Ponzi? Well, me too.
Their payouts include 5% profit for 28 days and 3.5% profit for 43 on working days. Who wouldn’t want such profits on their investment deals per day? The minimum and maximum deposit amounts are $10 and $100000 respectively, either in bitcoin or dollars. Withdrawals are instant with $0.3 for dollars and 0.00015 BTC for bitcoins. They also have referral bonuses of up to 10% – Ponzi again.
Invest With HowellBit?
Should you invest with HowellBit? Is it legit? Only at your own risk. Thinking that you will make easy and quick money without doing anything but a mere simple deposit, is far from the truth. Register with Howell Bit and you are bound to lose all the money you will invest.
Why? The company is among the many bitcoin trading scams. Signs include affiliate and referral programs as well as high profit margins in just a day. Any business insisting you invite two, three and as many new members as you can is equal to a HYIP.
Furthermore, there are no positive reviews on the company operations – good and genuine companies always sell themselves.