Website Review : SCAM or PAYING?

Bitpax.co Review SCAM or Paying?

Scam
problem

-

Bitpax.co Review SCAM or Paying?

Summary

User Management/Design: Standard HYIP script/template
Company transparency: Not Legit
Site Security: SSL
Deposit options:N/A
Affiliate: 6%
Withdrawal: N/A
Investment: Starts from $100
Profit: 365%-621% per annum

Sending
User Review
0 (0 votes)

Status: SCAM-PROJECT
(classified as HYIP)

Don’t full yourself and jump into a program just because it looks promising at first glance.

pros

  • None

cons

  • Very limited information 
  • Pretty high initial investment requirement
  • Unrealistic plans & returns 
  • No real business model

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.

Red-Flag Score

  • Company registration: Y
  • Address: Y
  • People identity: Y
  • Script/code: Y
  • Design: Y
  • Profit return: Y
  • Onsite statistic process: Y
  • Payment processors: N
  • Video/Images of facilities: N
  • Registered on HYIP Monitors: Y

SCAM SCORE = 8/10

STATUS: SCAM-PROJECT 

Company 

BitPax claims to be a South Korean-based company but does not provide any proof to back their claims. All they do is go on and on about why everyone should invest in their plans and earn millions. They did not provide an address or company registration information. The information about their founders is also kept hidden. Whatever information they have provided is not enough for an average investor to make a decision about investing in their plans or not. 

They are trying to present a facade as if they are a legit crypto company and soon, they will conduct an ICO.

“We are A group of successful businessman from Korea from network marketing and traditional finance backgrounds who own BitPAX.co Together. No one person owns this company.”

Investment Plans

BitPax offers eight plans to their customers to choose from and these include:

BASIC

  • $100+$10
  • Reg. Fee: $10
  • Bonus: 5.00%
  • Free Coin: 1050 BPAX
  • Binary Bonus: 10.00%
  • Direct Bonus: 6.00%
  • Daily ROI: 1.00%

STANDARD

  • $250+$10
  • Reg. Fee: $10
  • Bonus: 10.00%
  • Free Coin: 2750 BPAX
  • Binary Bonus: 10.00%
  • Direct Bonus: 6.00%
  • Daily ROI: 1.10%

GOLD

  • $500+$10
  • Reg. Fee: $10
  • Bonus: 20.00%
  • Free Coin: 6000 BPAX
  • Binary Bonus: 10.00%
  • Direct Bonus: 6.00%
  • Daily ROI: 1.20%

ADVANCE

  • $1000+$10
  • Reg. Fee: $10
  • Bonus: 30.00%
  • Free Coin: 13000 BPAX
  • Binary Bonus: 10.00%
  • Direct Bonus: 6.00%
  • Daily ROI: 1.30%

ULTIMATE

  • $2500+$10
  • Reg. Fee: $10
  • Bonus: 40.00%
  • Free Coin: 35000 BPAX
  • Binary Bonus: 10.00%
  • Direct Bonus: 6.00%
  • Daily ROI: 1.40%

PLATINUM

  • $5000+$10
  • Reg. Fee: $10
  • Bonus: 50.00%
  • Free Coin: 75000 BPAX
  • Binary Bonus: 10.00%
  • Direct Bonus: 6.00%
  • Daily ROI: 1.50%

DIAMOND

  • $10000+$10
  • Reg. Fee: $10
  • Bonus: 60.00%
  • Free Coin: 160000 BPAX
  • Binary Bonus: 10.00%
  • Direct Bonus: 6.00%
  • Daily ROI: 1.60%

RUBY

  • $25000+$10
  • Reg. Fee: $10
  • Bonus: 70.00%
  • Free Coin: 425000 BPAX
  • Binary Bonus: 10.00%
  • Direct Bonus: 6.00%
  • Daily ROI: 1.70%

Conclusion 

Everything about them screams fake. From their website to their plans, everything proves that they are cheats. The only thing that they care about is money and once they will take every penny from their followers, they will go kaboom. 

It is obvious from their FAQ and About us page that the guys running this website are nothing but a bunch of crooks. They are wearing the garb of so-called experts and yet, they do not have the courage to mention their names and provide their identity. Any authentic crypto project would never keep the crucial information about its founders under the wraps. But BitPax is anything but legit.

They have got no products or services that can offer the kind of returns they have promised on their HYIP-style website. We also found that these guys are using a postbox address for registering their company in the UK. Whatever organic traffic they receive comes from Russia and the rest is paid traffic. 

Anyone who goes to their website will see that these guys have also added logos of some of the leading exchanges on their website. But they have not even conducted an ICO then what can be the reason behind it? That is nothing but a trick to make gullible investors fall for their gimmick. 

Overall, there is very limited information on BitPax.co and we did not find even an iota of information that proves that these guys are authentic during our research for BitPax review. Our rating for BitPax.co is 0.5 out of 5.0

Disclaimer: @hashant has no connection to the sites we performed reviews and has not invested in any of the sites we perform a review on and we will never endorse or recommend you to invest in any of this sites. A review is made to help you find a good site among the many. Still, there are no guarantees that the site will perform well over time or are truly legal.

You can ask us to make a review on a particular website. To do so please leave a comment and the site URL on our suggestion page.

1 COMMENT

Subscribe
Notify of
guest
1 Comment
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
79,692FansLike
67,967FollowersFollow
11,229FollowersFollow

Recent Comments

Amazon Integrates Ethereum and DeFi on their own Blockchain

Ethereum's wild bull run is imminent after Amazon integrates Ethereum and DeFi on its blockchain service. To the moon...

Its official, Elon Musk has chosen Dogecoin as the peoples’ money

Everyone is holding onto their breaths waiting for confirmation from Elon Musk about which cryptocurrency he supports as people's...
- Advertisement -

You might also likeRELATED
Recommended to you

1
0
Would love your thoughts, please comment.x