What Is MakeYourBitcoin?
MakeYourBitcoin.com is a suspicious website that seeks to combine financial advice, an affiliate program, cryptocurrencies, and geothermal power. The company talks a good game, claiming they will guide you on your way to making smart investments while also inviting you to partake in a lucrative affiliate program that has instant payouts. However, there is little legitimacy to anything MakeYourBitcoin is doing, and so there is a strong possibility that it’s just another scam.
The MakeYourBitcoin Team
There are exactly zero names on the MakeYourBitcoin website indicating who founded it and who’s running the show. The company describes itself as an investment and funds management first that got its start in 2008. However, in the lower left-hand corner of the website, it states that MakeYourBitcoin was started on May 1, 2018.
The website goes onto say that a group of financial and investment experts helped to create the company, which now has expertise and experience when it comes to investing in a variety of fields, including forex and online stock. However, no names are given.
Moreover, for a name like MakeYourBitcoin, there is little mention of cryptocurrencies or blockchain technology. Instead, the “About Us” goes into detail about geothermal energy. It’s as if the company is making a pitch for you to invest in geothermal energy, which isn’t a bad idea. However, why MakeYourBitcoin would discuss the specifics of geothermal energy and how it can heat buildings rather than introduce its owners and operators indicates that there’s something off about this company.
How MakeYourBitcoin Online Crypto Investment Platform Works
In between mentions of geothermal energy, MakeYourBitcoin does mention their instant payout system, the fact that they provide timely customer support, have no hidden fees, and have a great referral program. The company also claims that their customers will receive information about the company, analytics on investments, and news reports, implying you must first sign up to learn anything about the company. MakeYourBitcoin also mentions that they accept PerfectMoney, Payeer, and Bitcoin as payment methods.
Of course, it’s the promises of their referral program that will entice people to buy into the scam. MakeYourBitcoin customers can also receive up to 15% in referral commissions. First-level referrals receive 10%, second-level receives 3%, and third-level receives 2%.
There are also four investment plans offered on MakeYourBitcon.com
- Plan A (misspelled as Paln A on the website) – Deposit between $30 and $300,000 with interest paid seven days a week, a return of investment of 300%, and a plan duration of one day.
- Plan B – Deposit between $300 and $300,000 with interest paid seven days a week, a return of investment of 1,200%, and a plan duration of two days.
- Plan C – Deposit between $3,000 and $300,000 with interest paid seven days a week, a return of investment of 4,500%, and a plan duration of three days.
- Special Offer – Deposit between $500 and $50,000 with interest paid seven days a week, a return of 460%, and a plan duration of 24 hours.
There should be little doubt that MakeYourBitcoin.com is a scam. The website looks like it was made in the late 1990’s and is littered with spelling and grammar errors. There is also no information about who’s running the company and almost no mention of cryptocurrencies when “Bitcoin” is in the domain name. On top of that, the company’s referral programs and investment plans are nonsensical with payouts that no firm could ever guarantee.
To be fair, MakeYourBitcoin does make a good argument in favor of investing in geothermal energy. But that doesn’t mean you should look to MakeYourBitcoin for investment advice or anything else. This company is equal parts fabrication and scam and should be avoided at all costs.