AirBit Club Scam Review: BEWARE!
OFFICIAL SCAM URL: www.bitbackoffice.com
There is just something about cryptocurrencies which is so inviting for scam artists. This is now proven once again with this AirBit Club scam. The AirBit Club program is supposed to be this really profitable high yield investment program, one that can deliver hundreds and even thousands of times our investment back to us. We are told that the AirBit Club system is a cryptocurrency mining and trading system that has the ability to provide us with absolutely massive returns. Sure, this all sounds really nice, but sounding nice is not the same as being true.
In terms of being truthful, the AirBit Club system is not honest, legit, or reliable at all. There are tons of scam factors to be looked at when it comes to this AirBit Club program. We have it on good authority that this is a combination HYIP, Ponzi scheme, pyramid scheme, trading scam, and mining scam too. As you can see, this particular crypto system is very fraudulent and it aims to steal as much money from as many people as humanly possible. This is our AirBit Club scam review and you definitely need to read it. We are here to protect you from scammers like this.
Who Runs The AirBit Club System?
The first and perhaps the biggest indication that there is a scam afoot with this AirBit Club system is that we have no idea who is in charge of it. Nowhere on the main website or anywhere are we told the name of the person or people who are backing this venture. Moreover, there is also no company listed as being the head of this crypto program. Also, we are never provided with any address or real contact details either.
In other words, this terrible cryptocurrency trading program is totally 100% anonymous. This is a very bad sign indeed because you can never trust any kind of anonymous crypto trading or investment program. Your money will inevitably go missing if you invest it with the AirBit Club program. The problem is that since you have no idea who is running the show, you don’t know who to point the finger at. Crypto scams like this are always anonymous because the real crooks don’t want to get caught and prosecuted for fraud. They will steal your money and they know it.
AirBit Club Scam App – Licensing & Regulation
Another clear sign that the AirBit Club app is a scam is that it is obviously not licensed to trade or mine crypto in any way, shape, or form. At the same time, it is also not licensed or qualified to take investments from people. The point here is that all of these financial activities require the company and the people to be certified, real, and transparent. They require licenses to execute within the boundaries of the law.
However, licensing boards and regulatory agencies are very scrutinous when it comes to this kind of thing. Any sane licensing board would take one look at these AirBit Club system criminals and send them right to prison. They would never afford these crooks a license because that would be more or less a license to steal your money. This bogus trading system does not have real people at the helm and therefore there is no way that it can be licensed to do anything at all.
AirBit Club Program – How Does Trading Work?
One of the other suspicious points about this AirBit Club program is that it claims to be a fully automated cryptocurrency trading platform. Apparently it makes crypto trades for you, with high accuracy and even higher profits. However, we see a problem here. We are never told how the AirBit Club trading platform actually works.
There is no mention of a coherent trading strategy, no algorithms, and nothing else. We are expected to believe that this crypto trading and mining investment program can make massive ROIs through trading, but we don’t actually know how it works. These vague, nonsensical, and mostly non-existent explanations simply don’t satisfy our thirst for knowledge.
Seeing as the AirBit Club system is unlicensed, we would bet our bottom dollar that it never makes trades at all. Even if it does make trades every now and then, this ludicrous trading system cannot be as accurate and profitable as it claims. Even the best cryptocurrency trading systems in the world cannot achieve what the AirBit Club systems claims to be able to do.
AirBit Club Program – Ponzi & Pyramid Scheme
Another thing that we know for sure about the AirBit Club system is that it is both a Ponzi scheme and a pyramid scheme wrapped into one. First of all, we know for a fact that this is a Ponzi scheme because it follows all of the tenants of a classic Ponzi scheme. The AirBit Club program is called a high yield investment program, which means that you are supposed to be able to make a small investment and get massive returns.
Well, when you invest money, or actually Bitcoin, with this fraudulent app, it tells you that 50% of your investment is being divided up and paid out to pre-existing members. Well, this is exactly what a Ponzi scheme is, taking new investments and giving small sums of money to old members to keep them quiet and complacent. All the while, these AirBit Club crooks actually take most of the money for themselves.
Moreover, the AirBit Club program is also a pyramid scheme. They use referral bonuses to try and get members to get other new members to sign up. This is exactly like one of those door to door Tupperware sales scams or even the Avon makeup sales model. They get members to do the dirty work and trick others into signing up. In the case of the AirBit Club, the promised referral commissions don’t even exist.
AirBit Club Review – Conclusion
The AirBit Club program is a Ponzi scheme and a pyramid scheme, plus a really bad crypto mining scam too. Just stay away from it!
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If you would like to find out more about cryptocurrencies and cryptocurrency trading, go to our Cryptocurrency Explained section!
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