Is BITCOFINANCE.COM a Scam?
This medium term program BITCOFINANCE is no longer processing payouts as it scammed.
Bitco Finance Short Review
Bitco Finance a medium-term program, launched on Sep 23, 2018 is growing in a good rate and speed for program to manage medium term cycles. Investment plan is 6% Daily for 20 Days, Principal Included following 120% per cycle. They also offer two “vip” plans, but they are never suggested for significantly increased risk on your deposit.
Payments accepted from PefectMoney, Payeer, Bitcoin and are processed instantly.
Affiliate system is designed one-level of 5% from each direct referral deposit amount to your account balance.
Web design is unique but cheap, working on licenced Gold Coders script and website has active SSL connection: EssentialSSL valid from 15 Sep, 2018 to 15 Dec, 2019 – COMODO CA Limited.
My check on this program:
I found out later the 50% deposit-back bonus (from $300 plan) they offer will expire on Nov 15, this is a danger sign and I would suggest to wait until this date will pass and we’ll see if it contiues. On it’s third cycle now, traffic still growing slowly (Alexa rank 897K) and it definitely looks room to grow yet, deposits range from monitors ~$50 – $100 daily, but 2nd plan is dangerous as from $300 they offer 200% return, this will probably not happen, don’t test it. I suggest max $100 and only first plan.
Advertisement budget (estimated): $1731 (host $75, SSL $90, script $166, design $100, monitors $1300).
-32 USD of total invested 50 USD 36%
Launch date: Sep 23, 2018
Expected ROI per cycle: 120%
1 cycle = 7 days / 15 days
Withdrawals processing: Manual, up to 24 hours
Payments accepted: PerfectMoney, Bitcoin and Payeer
Affiliate commission: 5% (one level)
My investments portfolio
Nov 20, 2018: Scammed, my result was 36% following 32 USD loss.
Nov 12, 2018: Joined with 50 USD deposit.
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