Apart from trading cryptocurrencies, some systems like the new BitBios platform claim to provide the chance to mine them. This is not a mainstream practice and there are very few systems that actually provide a quality service. Each and every newly released mining software should be closely monitored and carefully investigated because most of these platforms turn out to be scam in the end.
That is why I also conducted an investigation into what is the BitBios system and can you actually make a profit with it from cryptocurrency mining or not. To my disappointment, there are certain red flags and problems that mark the platform as a potential scam. Until its operational process and reliability have been confirmed, you should consider a better alternative instead.
What Is BitBios Crypto Mining Software?
Very little is known about the BitBios software. A creator has not been mentioned. The only clearly stated thing about it is the promise to mine the most profitable and lucrative altcoins known in the industry. After carefully investigating the situation, I reached the conclusion that this is more of a HYIP (a high-yield investment program) more than a mining software.
Review Verdict: BitBios Is Scam
HYIPs a some of the riskiest initiatives. They are based on the gathering of capital and deposits from the clients so that they can issue the profits to other customers of the service. In other words, if at some point the inflow of deposits stops, many investors might lose their investments and not get any returns.
A clear sign for that is the referral program they offer – you can get 1%, 2%, 7% or 10% bonus profitability depending on how many people you refer to the system. This is quite the shady initiative and we have all heard what happens to most of them.
If you are interested in online trading it is much better to choose an already established and proven to work partner. My top recommendation would be the QProfit System by Jerry Douglas. It is not a HYIP but a legit and authentic online investment robot with assistance capabilities.
Is BitBios a Scam Software?
All signs show that the system is scam. It is very hard to imagine a 10% daily profitability in the world of cryptocurrency mining. This only confirms the fact that this software is very far from a mining system.
Additionally, my opinion has been confirmed by other people who have come across the system. They agree with the verdict that this is a simple, yet dangerous HYIP and all unite behind the idea that a better choice should and can be made. All in all, the BitBios scam is a very suspicious system that does not provide information how it works and does not guarantee the safety of investments. It only makes empty claims and promises.
My advice would be not to invest in the BitBios system that is a self-proclaimed cryptocurrency mining software. It hides significant risks for your investments including losing your deposit quickly. This is not a mining software but a HYIP and it might disappear at any moment. Given the fact that you are urged to deposit in Bitcoins, your losses could be significant and irreversible. Consider a better alternative.
Review Verdict: BitBios Is Scam
Hello, I am Collin Tyusm. I am a Forex blogger. I have created my blog, because I want to help people learn more about Forex & CFD Trading Software and Bots.