Btc2Double is an investment scheme that has been launched to double your bitcoins. According to information available on the website, investors will get a guaranteed 200% returns, even if they don’t have any prior knowledge or experience.
If you want to find out how this platform works and whether it is a legitimate opportunity or not, read this review till the end. In my experience, I have discovered many systems that promise staggering returns but are actually fraudulent. Btc2Double is a potential scam I advise you to avoid.
If you are looking for a working alternative for cryptocurrency trading, check out one of my recommendations. My top suggested system is the Crytpo CFD Trader investment platform.
Btc2Double: A Quick Glance
After conducting a comprehensive research, I have managed to find that Btc2Double is a type of a well-known financial fraud.
Over the past couple of months, I have seen similar schemes appearing on the market. They all claim to double your investments and offer high returns. But in reality, they are clever MLM scams that have been designed to take your investment and offer you nothing. You will not even get the opportunity to withdraw your funds or bitcoins once you give them in their hands.
Review Verdict: Btc2Double Is Scam
You will see Btc2Double being advertised online. You will also come across forum threads and social media posts related to this scheme. You may feel that it is a genuine program which you can join and improve your earnings but sadly, it is not what it appears to be.
A Look at the Operational Process
If you look through their website, you will see that they have some kind of software that takes care of the transactions. Once you enter the amount of bitcoins you want to invest, the software will begin working and generate 200% returns within 6 hours. They have also mentioned that you can invest between 0.02 to 5 bitcoins and you can make investments as many times as you wish.
The bitcoin address that you have to send your coins to is anonymous which carries a great risk because you may never get to see your coins again if you don’t get the returns as claims. The people who have designed this scheme have also implemented a type of pyramid scheme into their platform. It means that if you get new depositors for them, they will give you 10% commission on their deposit amount.
They have also mentioned ‘high-frequency trading’, but they don’t seem to be involved in any kind of trading activity. They only want us to believe that they use some extraordinary formula that can double your bitcoins.
In my opinion, Btc2Double is a pyramid scheme that will vanish into thin air fairly quickly. Once these people get some depositors, they will disappear with the bitcoins.
Good to Know
Bitcoin transactions are irreversible and it can be only refunded by the receiver. This is the reason it is crucial to do business with companies and people that you can trust.
Why You Should Not Trust Btc2Double
It is never easy to trust an anonymous service provider. When it comes to sending your bitcoins over a mysterious network, you should always use caution because chances are you will not get what you are paying for.
Transparency is important when dealing with companies and individuals online. Btc2 Double is not a transparent company. They are a multi-level marketing company that is not going to last long. Trusting them will be a big mistake because there is nothing genuine about them. Their claim of double returns is fake because it is not achievable by any means and that too without any risks.
The owners of the site have chosen to remain anonymous. Even after doing a comprehensive research, I could not find the names of those people who have so passionately created this pyramid scheme. They have also used privacy settings to hide their identities in the WHOIS database.
The website is not very old so it is really unbelievable that they have so many investors already hooked to them. You will find a section on their website which displays the most recent transactions along with the returns. This section is heavily fabricated and it has been strategically placed on the website to lure people into depositing their coins with them.
I found several posts and threads on digital currency forums, but when I looked deeper I realized that both the questions and comments are coming from the same people. These people have created many online social media accounts to post positive things about the Btc2Double scam. Those comments actually serve as traps to attract unsuspecting investors.
The scam test that I have conducted on Btc2Double proves that it has been created for the purpose of filling the pockets of its owners only. The scheme is not meant for honest traders who are looking to achieve success in this industry.
The best advice I can give here is to stay away from this site and other similar sites. They are only after your investment and once they get it, they will not even remember who you are. Consider authentic and proven-to-work alternatives instead, even if they provide smaller returns.
Review Verdict: Btc2Double 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.