User Management/Design: Custom
Company transparency: Not Legit
Site Security: SSL
Deposit options: Bitcoin
Investment: Starts from 0.005 BTC
Profit: 2% on Weekdays & 1% on Weekends
User Review( votes)
(classified as HYIP)
a well-drafted HYIP build with the only purpose of getting popular fast and runoff
- Only one payment option – Bitcoin
- Limited information about the company
- No real business model
- Unrealistic returns
Disclaimer: This site is a category HYIP (high-yield investment program) and will pay only for a certain time. As for all HYIP websites, this can change any moment and we need to stress to you that deposit to such sites is not recommended unless you like to gamble with your money at your own risk.
- Company registration: Y
- Address: Y
- People identity: Y
- Script/code: N
- Design: Y
- Profit return: Y
- Onsite statistic process: Y
- Payment processors: N
- Video/Images of facilities: Y
- Registered on HYIP Monitors: Y
SCAM SCORE = 8/10
STATUS: SCAM PROJECT
Bitero is a UK-based company. They claim to leverage machine learning and artificial intelligence in trading and this gives them a competitive edge. The Bitero team also claims to have decades of experience in Gold, Stocks, Forex, Futures, and more. It is a UK-based company and its registration number is 12837743.
Address: 40 Bank Street, London, United Kingdom
“Bitero is a company that started as an idea, around which a team of enthusiastic visionaries was built. This team, consisting of various investing experts, experimented and developed novel frameworks for creating diversified investments with a high return and high security. The most successful frameworks were solidified and functioned (and still do) as the backbone on which this investment platform now known as Bitero was built.
We have gathered the brightest minds from multiple fields to guarantee that all our decisions and actions are always backed by experience, analytics, research and calculations. By combining the knowledge and experience of financial trading with the possibilities offered by Blockchain technologies we manage to soar through the financial markets.”
Bitero is into:
- #1. Forex Markets
- #2. Bitcoin Mining
- #3. Venture Capital
- #4. The Digital Exchange
- CEO: Pavlo Yasenchuk
- Chief Financial Officer: Do Hun Min
- Chief Technical Officer: Marvin Faurent
- Chief Marketing Officer: David Leakens
Bitero has only one plan and that is an open-end one. It means that you can input the desired amount that you want to invest. The investment duration is set at 30 days. You can only purchase plans on Bitero by Bitcoins as that’s the only available payment option. The minimum investment is set at 0.005 BTC and there’s no maximum amount that you can invest.
Bitero is an HYIP website that is going all out and has done their homework better than the rest. They have done a lot better to present themselves as a genuine and honest investment company. But again, we don’t value the marketing aspect while reviewing investment companies. We value the companies in terms of strong fundamentals and various red flags. When it comes to red flags, we found Bitero.io to have a score of 8 red flags out of 10. This is a considerable score.
Further investigation revealed the current address is what we call a dummy address. There is no registration or connection to this location 40 Bank Street, in London. More strange is the UK registration was originally registered to Pavlos address, 6 Haroldstone Road in London, then shortly after changed its registration to PO Box 4385, 12837743: Companies House Default Address.
During our research, we found that Bitero has quite a number of positive reviews on Trustpilot. That should have translated to a good number of organic traffic. Yet, that is not the case. This indicates that most of the reviews regarding Bitero is paid and not real and authentic ones.
Bitero is under the paying status in a handful of monitors. But a majority of them have kept it under waiting status. Regardless of if they are paying or not, it is 100% true that they won’t keep on paying for long. Only invest what you can invest. Our rating for bitero.io is 0.7 out of 5.0.