Bit-ATM Review: Is Bit-ATM Legit or a scam Cryptocurrency Mining site

0
8

BIT-ATM is a network of ATM terminals around the world. This gives a possibility to buy or sell cryptocurrency to anybody either with cash or by credit card.

Having long searches in the Bitcoin ATM market and talks to various manufacturers, like Lamassu, Genesis Coin, General Bytes, BitAccess, BitXatm, etc. BIT-ATM  selected the most suitable solutions across the web system. At present time BIT-ATM has a strong business oriented enthusiastic team of business developers.

BIT-ATM network is launching a special technical solution for private investors, which was developed by our team in the beginning of 2020. Now everyone have a chance to participate and profit with us. We, in turn, diversify our financial pool into 2 main areas: expanding the general ATM network by adding mining capacities and by performing HFT operations based on the operation of the entire network. For our network members this option guarantees a stable profit of 3% per day forever.

________________________________________________________________
>Do You Want To Receive Update As Soon As We Publish? join our Telegram Channel stay updated with the latest headlines--CLICK HERE
______________________________________________________________

BIT-ATM means passive income based on cryptocurrency and new technologies

 

BIT-ATM is a cloud company with validated business processes, analysis and planning experts.
BIT-ATM works for people who share values of new crypto era and want to have reliable and constant income.

Is Bit-ATM Scam?

Bit-ATM provides no information on its website about who owns or runs the company.

Bit-ATM’s website domain (“bit-atm.net”) was privately registered on July 29th, 2020.

Despite not existing until a few months ago, on its website Bit-ATM claims ‘we started with our business on Bitcoin boom back in 2017.’

Alexa ranks Venezuela (16%), Russia (9%) and India (6%) as the top three sources of traffic to Bit-ATM’s website.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

Not evidence of Bit-ATM having exchanges or generating mining revenue is provided.

Furthermore Bit-ATM’s business model fails the Ponzi logic test.

If Bit-ATM’s anonymous owner already has ATMs in place capable of sustaining a 3% daily return, what do they need your money for?

As it stands the only verifiable source of revenue entering Bit-ATM is new investment.

Using new investment to pay Bit-ATM affiliates a perpetual 3% daily return makes Bit-ATM a Ponzi scheme.

As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.

This will starve Bit-ATM of ROI revenue, eventually prompting a collapse.

The math behind Ponzi schemes guarantees that when they collapse, the majority of investors lose money.

Bit-ATM’s Products

Bit-ATM has no retailable products or services, with affiliates only able to market Bit-ATM affiliate membership itself.

Bit-ATM’s Compensation Plan

Bit-ATM affiliates invest USD or bitcoin on the promise of a perpetual 3% daily return.

Referral commission son invested funds are paid out down three levels of recruitment (unilevel):

  • level 1 (personally recruited affiliates) – 10%
  • level 2 – 3%
  • level 3 – 1%

Joining Bit-ATM

Bit-ATM affiliate membership is free.

Full participation in the attached income opportunity requires a minimum $10 or 0.0009378 BTC investment.

Conclusion

Bit-ATM represents it generates external revenue via a crypto ATM network.

BIT-ATM is a network of ATM terminals around the world. This gives a possibility to buy or sell cryptocurrency to anybody either with cash or by credit card. We started with our business on Bitcoin boom back in 2017. We cooperated with best companies in the industry and selected the most suitable solutions for us.
Our engineers found a technical solution, which allowed using our ATMs for mining cryptocurrency. It is not a cheap deal, but this allows us to ensure additional income for our investors. Our branded developments include predictive analytics, AI and machine learning, enterprise search, global data aggregation, knowledge management, and enterprise resource planning systems.
Our economists and experts developed a unique investing program in 2020 since the industry has grown and matured to allow anyone to become an Independent ATM Investor. Now anyone can benefit from being part of a company which operates ATMs and mine cryptocurrency at the same time. Becoming our client and joining to our investor program give you instant 3% daily interest to you deposit. Our business model also includes leasing and franchising programs as additional source of income for our investors.
Deposits are converted into BTC only. But for clients convenience we also demonstrate your deposits in USD based on current stock exchange market rate.
Minimum withdraw amounts are as follows: from 1 USD for fiat payment systems (PerfectMoney and Payeer); from 10 USD for BTC, Ethereum, Litecoin cryptocurrency systems. Such minimum for cryptocurrencies is related with commission rate of the systems and it may vary significantly during the day and based on the workload of the system, it may be up to USD 5 and more per transaction/ withdraw request.

◊SPONSORED ADS♦

◊Cure and Knock Staphylococcus & Other Infectious Diseases out from your Body within 3 weeks --CLICK HERE

◊Order Our Ultimate Virtual Soccer Hacks and Secretes to Win 100k Daily --CLICK HERE

◊Register Your Business Name With CAC and Get it in less than 2 weeks--CLICK HERE

◊JOIN US @TELEGRAM TO RECEIVE UPDATE CLICK HERE

◊Grab My Ultimate List of Over 100+ Companies That Pays You Up To $2500 To Blog and Post Online ( #3000 Only))- CLICK HERE

◊Get All Recruitment Jobs Past Questions and Answers--CLICK HERE
____________________________________________________________________

Leave a Reply