In our Hodium review we warn against this investment scam that is abusing cryptocurrencies.
Hodium is an investment program that wants you to deposit cryptocurrencies like bitcoin, ether, litecoin, bitcoin cash, dash and doge. In return, you are supposed to expect a daily profit from 0.1% to 1.5%.
The current monthly average is about 30%. Can you really make that much per month with Hodium?
Hodium is just a dirty Ponzi scheme that uses clients’ deposits to pay out some profits and attract more investors into the system.
But as with all the schemes of this kinds no new values are created, which means that the system is doomed to run out of money quickly and collapse.
30% or even more per month is just a ridiculous number that no legitimate investment company can make on a regular basis. This is one easy way to spot scams, just look at returns they offer and confront the numbers with reality.
Illegal investment service
Hodium claims its legitimacy by showing a company registration from the United Kingdom. It is true that a company of this name is registered in the UK, but only since July, so it has no proven track record.
What is even more important is that Hodium is not authorized by the Financial Conduct Authority to provide investment services, which makes at an illegal operation.
Also, investing with this company would mean that you have no protection at all, since it is not regulated.
Hodium review conclusion
Hodium is an illegal investment service and a scam, you have to stay away from it!
There are no investment services that could make you 30% or more per month on a regular basis. If you want to see what results are real in crypto trading, try a free demo account with a regulated broker.
If you decide to trade with real money, be sure to understand the risks and have a good strategy.