BITCmade claims to be an investment company that can make you money with cryptocurrencies.
The investment plans are insane, returns range from 150% to 200% per day.
So, can you really double your money every day with this program?
No legitimate business on this planet can double your money every day. Only scams offer this kind of plans.
BITCmade is a Ponzi scheme, which means that profits are paid out of new deposits. This way it works until there is not enough deposits, which will happen very soon. Then the system collapses and people lose money.
BITCmade proudly shows a registration from the UK Companies House. But you have to realize that it’s only a tax registration that almost anybody can get and it says nothing about the legitimacy of the company.
In fact, a closer look in the register shows that Cole George, who is the person behind BITCmade, has started several programs of this kind, some of them already being closed for fraud, like Ivexbit. His other companies are Invpoker, Cryptobitventures and Oil-Tnx.
BITCmade is providing investment services, so it would be legal only with a licence from the Financial Conduct Authority, but as you can see on our picture, it has no licence whatsoever.
BITCmade is a Ponzi scheme, which means a scam that is going to collapse very soon. Stay away from it!
If you are interested in real cryptocurrency trading, try a free demo account with a regulated broker.
On the demo you can try everything risk free and see for yourself how it works.