Bitpays is supposed to be an investment program that offers generous ROI thanks to bitcoin mining and trading.
The investment plans are really incredible, you can make up to 350% per hour! So, the question is, is it a genuine investment opportunity?
If you believe that you can make thousands of percent per day in bitcoin mining or trading, then you are wrong. It is simply impossible! Bitcoin mining and trading can earn you some percent per month, but certainly not hundreds or thousands per day.
So how does Bitpays really work? It is a typical Ponzi scheme. It means that profits are paid with new deposits, until the system collapses because there is not enough new deposits. It is an illegal pyramidal financial game that is going to fail very quickly.
All this is obvious just by looking at the numbers, you really don’t need to do anything more.
Bitpays say they are a company registered in Canada. But we could not find any company with this name in Canada, so we must assume that they lie.
Bitpays is totally anonymous, you won’t find any contact information on their website. As they are providing investment services, they should have an investment licence, which they clearly don’t, so it is na illegal operation.
Bitpays is a scam, a financial game that is going to collapse and lose money. Stay away from it!
If you want to see what profits are really possible in cryptocurrency trading, try a free demo account with a regulated broker.
Always remember that trading is risky, you can make, but also lose money.