POOR SCAM: Bitterex review

Bitterex websiteRead this review to learn why Bitterex is a scam that you should not invest your money with.

Bitterex allegedly is a platform that allows you to earn money thanks to crypto trading and mining. It works on autopilot, so you just have to deposit and wait for “guaranteed” profits.

Currently there are five investment plans starting with 20% net per day and topping with 98% net per day.

So, what about this investment opportunity?

Bitterex scam

Investment packagesBitterex is of course a scam. By the way, it is obvious that it is intentionally using a name similar to the famous crypto exchange Bittrex, but it has nothing in common with it.

The main thing is that 20% – 98% per day is impossible in any real business, crypto trading and mining included. Only scams display such numbers.

Illegal service

We have to repeat that any investment service has to be licensed. Bitterex is allegedly based in London, so it has to be authorized by the Financial Conduct Authority.

But it is not, which makes it an illegal investment service. This fact alone should make you stay away from it.

How it really works

Bitterex obviously is a Ponzi scheme. This means that money will be collected from the public and some if it will initially be used for payouts.

As you can guess, such schemes always run out of money, since there is no real business activity generating profits, only an illegal financial game.

So, it is only a matter of time, Bitterex is certain to fail.

Conclusion

Bitterex is a scam of the Ponzi type, stay away from it, it can collapse any time soon!

If you are interested in genuine crypto trading, try a free demo account with a regulated broker to see how it works.

You have to practice and build a profitable strategy before eventually trading with real money.

Summary
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Bitterex
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