Welcome to our review on Btconline.cloud.
We will explain why you should not allow yourself to be scammed by this broker just like B2x.cx.
Who is Btconline.cloud?
Btconline.cloud is a bitcoin mining broker claiming to be from Baltimore, Maryland. This broker was registered a couple of months ago, relatively new in the market.
They promise investors free bitcoins which is so unrealistic. If they were able to make money from zero bitcoins why would such a broker need people? It could have gone ahead and mine all the bitcoins that it could as the are claiming and be billionaires.
In the FAQ section they say “Mining with the latest algorithms allows to make as much Bitcoin as possible”, meaning they don’t even know how Bitcoin mining works (it’s not a question of algorithms, it’s a question of hardware; if they had said they have their own chip fabrication plant, and there was proof of that, then it would have made sense).
The broker promises a 20% referral commission.
Is Btconline.cloud a scam or legit?
This broker is a scam that you should stay away from.
There is no evidence of this company being regulated being a financial services provider. This is a red flag that you should always watch for.
The broker does not understand the mining concept, very untrustworthy.
It promises very high returns, it falls under the HYIP scams. There is no realistic company that can pay more than 3% per month. This is a rule of the thumb that you should always check out for.
There are no free bitcoins whatsoever, the company promises that you start from zero investment. This is a blatant lie that you should not fall for.
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Website URL: https://www.btconline.cloud/