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Bitexom.com Review: Genuine or Fraudulent Investment Platform
Is bitexom.com to be trusted? Or is bitexom.com unreliable? Because we are concerned about the financial safety of our readers, we did extensive research and made a review on Bitexom. Please read our review before you decide if you should throw your time, expectation, and money into this platform.
What Is bitexom.com?
Bitexom is a high-yield investment program (HYIP) allegedly handled by a team of trading / investment experts. They claim to be an investment and financial company aiming to create the most effective conditions for passive earnings of customers. And with their level of investment experience, Bit Exom promises a stable revenue for its customers and guaranteed return on investment.
Bitexom is located on www.bitexom.com. And they have 598 registered investors, as written on their website.
![Bitexom home image](https://www.itisreviewed.com/wp-content/uploads/2020/04/bitexom-1024x456.png)
How Does bitexom.com Work?
Bitexom claims to run a platform designed to return unbelievable profit in so short a time. They accept the following payment methods: Bitcoin, Perfect Money, Dogecoin, Litecoin, Payeer, and Ethereum. Bit Exom has different investment plans, and they are:
- The first plan, with a minimum investment of $10, returns 107% profit in 24 hours.
- While the second plan, with a minimum investment of $100, returns 109% profit in 24 hours.
- And the third plan, with a minimum investment of $300, returns 112% profit in 24 hours.
- Then the fourth plan, with a minimum investment of $500, returns 115% profit in 24 hours.
- And, lastly, the fifth plan, with a minimum investment of $10, returns 118% profit in 24 hours.
Bitexom.com uses a very neat and well-designed website layout, with a good and believable user interface, giving it a convincing feel. In addition to their investment plans, they offer a three-level referral commission: 6% for the first link, 3% for the second link, and 1% for the third link. The supposed assurance and profitability of investing with Bitexom would be attractive to any investor. But is bitexom.com to be trusted?
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What We Found about bitexom.com!
Bitexom claims to be a legally regulated and registered company but this is not a reliable information. We are aware that getting a verified company registration credential is not a guarantee of authenticity. Anyone can, for as low as $50, get a certificate of legal registration from Company House. Their website, bitexom.com, after passing through a series of tests, shows it is very recent.
We are aware that bitexom.com, like every other high-yield investment program (HYIP), is not sustainable. They operate like pyramid schemes where early investors are required to cajole people into signing up, too, and, in this way, they get paid. But, as always, the downlines begin to thin and the pyramid can’t sustain itself anymore, hence crashes. The early investors may benefit, the creators of the platform would definitely benefit, but there are those who would receive the short end of the stick.
The reasons why you should be weary of investing your money with Bitexom are:
- Their certifications and testimonials are unverified and therefore could be false, a way to win the trust of unsuspecting investors.
- We found no information on the company or the people behind bitexom. This is a red flag, as there is no one to hold accountable should things go south.
- Bitexom promises to provide long term investment plans but we discovered that their domain is a short life expectancy domain and could go offline at any moment.
Verdict!
Bitexom.com, despite seeming reliable, should be approached with caution. As there is always a risk factor in any investment, and also a possibility of loss. Never forget to invest with money you can afford to lose. Business models like this are never sustainable and could crash at any time.
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There are many untrustworthy investment websites on the internet promising get rich quick options. Most people attracted by these “too good to be true” ROIs from these sites have invested their money expecting profit but lost everything in the end. You do not have to become one of them to learn from their experience. It is unfair to fall victim to fraud and lose the money you earned from honest work. Fact-checking should be a priority before you throw in money into any online investment scheme.