Bitza.io Review Bitza Otherwise Known as Axbit is Scam!

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Bitza.io Review: Bitza Otherwise Known as Axbit is Scam!

Bitza Review: Scam or Paying? bitza.io claims it could make you huge profits in crypto mining . How true is this? You may have come across many systems on the internet promising you quick fortunes, the truth is that majority of them turn out to be scams. In this review, we provide you information based on our investigations and user experiences to help guide you make the proper decision.

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What Is Bitza?

Bitza.io (now axbit.net) is allegedly a platform that mine bitcoins for investors who bought their mining power by utilizing mining software. They claim they are currently the best and fastest mining company. They could be reached via [email protected]

Bitza.io Review: Disturbing Things Found

They claim you can earn Earn a lot of bitcoins without special hard or software and without any investment..But the truth is that, they are not into crypto mining. The ROI they promise is an indicator that they are not genuine. That is to say, Bitza.io (axbit.net) is disguised HYIP. Most of this quick-profit investment schemes are HYIPs. What is a HYIP? It is a just a type of ponzi scheme. Initial investors only get paid when new people sign up and invest, what this means is that you are under pressure to bring in new investors so that you will get paid. As soon as the amount of new investor drops, the owners do away with the money invested, and the site is closed down since there is no longer enough money to pay initial investors. Those that benefit most times are the first investors. The system is not sustainable because it will surely shut down abruptly leaving your money trapped in the hands of the scammers that set it up initially.

Most of them provide a registration certificate and so-called evidence of payments. Don’t be deceived, anybody could get a sham address and certificate most especially from the Company House in UK which most of them use, for just £5. These companies claiming to be located in the UK or similar countries are not in actual sense located there.

OUR VERDICT- SCAM !

A lot of people would try to tell you otherwise but the truth remains that the people behind this platform are not using your money to trade. Rather they run a margin system otherwise known as a ponzi scheme. The ROI is unrealistic, and the affiliate program commission is an indication that they are eager for your money. Though this website looks authentic, and the testimonials sound convincing, don’t be deceived by their whitewashed lies. They might pay initial investors, but like other HYIP’s, one day they will abscond with your money when there are not enough deposits.

axbit.net is not a legit platform. Don’t be deceived by their promises.

Conclusion

Everyday we get complaints of people been scammed. Most people fall for these schemes because of the sweet promises of making huge profits within a short time. On a serious note, legit systems exists but scams are very very numerous. So you need a guide to help you make a good decision. We have made it our duty, by exposing scams.

Our Recommendation

They are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We constantly search them out to guide our readers so they don’t fall for scams. Always feel free to interact with us in the comment section.

CryptoInfoWatch

Axbit is a mining service that is promising the investor that they stated the change of cashing out daily bitcoins by investing in their mining power and software.

However, this is now a common line used by scammers in the quest to steal the cryptocurrency of investors who did not conduct proper due diligence before buying mining plans.

The Challenge of Ignorance

In reality, scammers are taking advantage of the ignorance of people concerning Bitcoin and other cryptocurrencies to set up sites meant to steal from people. This is why you must read this Axbit post to learn some signs to watch out for if you’re thinking of investing in cryptocurrencies online.

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Bitcoin mining is the process of generating bitcoins, carried out using specialized equipments that sometimes demand a lot of electrical energy to work successfully. Nevertheless, having these do not guarantee that you would get even a small fraction of bitcoin.

What is AXBIT?

Axbit claims to be the fastest bitcoin mining company that provides opportunity for users of the service to earn a lot of bitcoins without hardware and software. They claim that you may not even need to put down money to make profit using this platform.

They also claim that they’re getting 750 new users daily and have paid out 4700 bitcoins to more than 600,000 investors who have invested in the site.

How Feasible Are These Claims?

We ran a background check on this site and its claims and discovered that the domain Axbit.com was registered on April 30, 2020 which means that this is a site that is less than two weeks old. It is impossible for a site like this to have 100 investors talk less 600,000.

How could it have generated any money to pay 4700 bitcoins? It even claims that it has 750 new users every day. Ordinarily, Axbit should have been ignored but the reason we run reviews on sites that are obviously owned by crooks is that there are people searching for such information to help them make decisions.

Fake Reviews

Scammers would do anything to convince investors and steal their money. This is the primary reason sites like Axbit.net are set up. The cybercriminals behind it hope that some big investor or many small investors would be fooled to buy the dubious mining plans.

One of the strategies employed by shady sites is fake reviews. Axbit.net is not lacking it hoping that you’d be fooled thinking there’s something in it for you.

One Jerry Waal has been using the Axbit service since 2020. How possible could that be since the mother company was set up in February 2020 while Axbit was launched less than 2 weeks ago?

Serial Scammers

Interestingly, we found out that this scam site is related to another scam mining site Bitza.io. It seems that the scammers behind Bitza simply changed domains to fool more people.

A visit to the Bitza site confirms this:

Bitza needed to change from name due too [sic] copyright issues. We have changed our name to Axbit and our new domain name is: https://www.axbit.net

For our users nothing much changed. The only change is your referral link. You can get your new referral link in your member dashboard!

This is not surprising. Scammers move from site to site as they are discovered. It is better perhaps to start a new one after defrauding many people so that the public outcry on the new site seems minimal.

In any case, what is obvious is that Axbit is not different from Bitza since the same entity is behind them. The only difference is that one was set up in February and the other in April with the same purpose of stealing from investors.

“Are You Convinced”?

The person behind Axbit asks to know if you’re convinced and ready to invest in the site. The question that we, at Cryptoinfowatch ask people who are defrauded by scam sites is what actually convinced them that they could make money from a site whose owner is unknown.

In reality, if that’s how easy it is to make money, there’ll be no poor people. No business has the capacity to routinely make huge profit and share with random people.

When you factor in the fact that there is no form of regulation or legitimacy around a site like Axbit.net, you’ll understand why it is a wonder that there are people who are actually convinced to send money to the wallets of the fraudsters.

Conclusion

Mining is not a sure path to wealth. Indeed, there is no sure path to wealth so when anyone claims there’s easy money to be made, do not believe them. Especially if they cannot prove that there is something worthwhile they’re doing to earn it.

Axbit is a confirmed scam and should be avoided. If you’re interested in a genuine investment that could change your financial future, check our recommendation.

Lazur Review: is Lazur.pro a Scam or Should I Invest?

Lazur.pro Review: Scam or Paying? Lazur claims it could make you good profits from cryptocurrency mining like Bitcoin, Litecoin, Dogecoin, Ethereum . How true is this? You may have come across many systems on the internet promising you quick fortunes, the truth is that majority of them turn out to be scams. In this review of Lazur pro, we provide you information based on our investigations and user experiences to help guide you make the proper decision.

HAVE YOU BEEN SCAMMED? If you have lost your money to online scammers, there is an opportunity you could get back your money.

Click HERE to start the recovery process

Lazur Scam Review: Disturbing Things Found

Most of this scam quick-profit investment schemes are HYIPs. What is a HYIP? It is a just a type of ponzi scheme. Initial investors only get paid when new people sign up and invest, what this means is that you are under pressure to bring in new investors so that you will get paid. As soon as the amount of new investor drops, the owners do away with the money invested, and the site is closed down since there is no longer enough money to pay initial investors. Those that benefit most times are the first investors. The system is not sustainable because it will surely shut down abruptly leaving your money trapped in the hands of the scammers that set it up initially.

Most of them provide a registration certificate and so-called evidence of payments. Don’t be deceived, anybody could get a sham address and certificate most especially from the Company House in UK which most of them use, for just £5. These companies claiming to be located in the UK or similar countries are not in actual sense located there.

Lazur.pro is not a legit cryptocurrency investment platform. Don’t be deceived by their promises.

Conclusion

Everyday we get complaints of people been scammed. Most people fall for these schemes because of the sweet promises of making huge profits within a short time. On a serious note, legit systems exists but scams are very very numerous. So you need a guide to help you make a good decision. We have made it our duty, by exposing scams.

Our Recommendation

They are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We constantly search them out to guide our readers so they don’t fall for scams. Always feel free to interact with us in the comment section.

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