Its website says that BTC Fury is a company that is investing in blockchain technologies such as Bitcoin. It is now open to private investors.
The offer is about passive income from investment plans with 3.84 – 5.1% daily returns. But is it real?
BTC Fury scam
The sad reality is that BTCfury is a shameful scam. It is an illegal investment program that cannot make you the money it promises.
The trouble is that it has only company tax registrations and no licences from financial regulators.
Check the example on our picture, in the UK BTC Fury is missing the mandatory FCA licence to provide investment services which makes it an illegal investment service.
3.84 to 5.1% per day is an extremely high number which represents up to 150% per month. This is a number that cannot be offered nor achieved by any legitimated company, it’s due to economic reality.
So, when you see this kind of numbers, you can be sure that you are dealing with a scam. BTC Fury seems to be designed as a Ponzi scheme.
In simple terms this means that it is not doing any real business activity, it is just playing with money it gets on deposits. This kind of scheme always fails in the end. When it happens, people realize that all the money is gone and nothing is left for withdrawals.
BTC Fury certainly is a scam, not a legitimate business opportunity. Avoid it if you don’t want to lose money.
If you are interested in trying to make money in crypto trading, start on a free demo with a regulated broker.
Then you will see if you could succeed in trading and if it makes sense for you to start trading with real money.