Have you heard of Bitlymining? Have you being approached by someone on Discord saying you won a Bitcoin giveaway? Do you want to know if it is scam or legit? Read this review to find out more about Bitlymining.
What is Bitlymining
Bitlymining located at Bitlymining.com is a scam website that claims to trade Crypto. It was created for people interested in crypto markets but had little knowledge about trading or how cryptocurrency works
Bitlymining And How It Works
According to the website it claims to offer safe storage to manage digital assets using a combination of cold wallets & Multi-party computation (MPC) technology, it also use the latest technologies to keep funds safe, and stay ahead of vulnerabilities and exploitation attempts.
The app claims to have been built around a proven-formula for winning trades & that all you need to do to begin profiting is simply make a deposit & then activate it.
However this Bitlymining is a scam, it So it sends some btc to wallet by using a referral code on their exchange but in order to withdraw any bitcoin you are asked to deposit 0.015btc minimum. This screams FAKE.
The people behind these scams simply keep on launching new “systems” and “apps” under new names like Dotxbep, Dotxdex in an attempt to escape the negative reviews so that they can continue tricking people into joining.
There is no doubt that that Bitlymining is a scam as several people have left some negative reviews online calling it for what it is, A SCAM.
Some aggrieved investors had this to say:
I am never receive my withdrawal. They cant show the pay of payment. Just notification via email. Becarefull
Conclusion
From the foregoing, it is clear that Bitlymining Trading is a scam just like Dotxbep and Dotxcap which we reviewed earlier, Investors should be wary of such sites as their aims are to rip off unsuspecting investors.
