Multiplecoin 35% RoI Bitcoin investment scheme review

Multiplecoin is one of many Bitcoin promoters with a with a pinch of Ponzi scheme model.

The website encourages individuals to invest in the digital currency and  expect up to 35% profit on initial capital investment every 14 days. Daily Profits of 2.5% is also part of the catch upon any investment made on Multiplecoin.

While it is important to note that Bitcoin’s official website has pointed out that the currency is a mode of payment and not an investment.

Having considered the points mentioned by Multiplecoin as reasons why individuals should invest in the platform, one could conclude that the system is not genuine as it looks more like the many ponzi schemes around.

Below is the message on

To make your first deposit and start earning, you have to be registered user on the website of MultipleCoin Trading Limited. You should have personal account using which you will be able to make an investment in the cryptocurrency markets, get daily profits on an ongoing basis and withdraw then as well as use affiliate link and agent’s tools to increase your income. Registration process is quite simple and fast enough. Just specify your personal details and Bitcoin address. It’s free and doesn’t require any email confirmation or some your documents.

To make a deposit, sign in MultipleCoin Trading Limited, go to the “Make Deposit” section, Select an investment plan, which is interesting for you, and click “Make Deposit”, confirm it and you’ll be redirected to the payment system website. After you logged in and effected a transaction, please, click “Return To Merchant” and you’ll return to our company’s website again. Your deposit will be credited to the investment plan, which you’ve chosen.

A feature of Bitcoin network is system of confirmations. Normally, your payment must have at least 3 network confirmations before it will be added as deposit. It may take from one to two hours. In rare cases, you may be faced with the expectation of up to 24 hours. We have no influence on the speed of this process, and can only recommend to wait a little after sending. In any case, your deposit will be added sooner or later.

Your profit is accrued every 60 minutes after the addition of your deposit. This process is endless, and you can stay company’s investor as long as possible. Deposit is working on an ongoing basis, and brings profit every hour, 7 days a week. Note that profit is accrued at intervals of 60 minutes; accrual time coincides with the time of addition of deposit to your account. Please also note that the company’s server works in GMT zone. The exact server time you can check the top of the page.

To get payout, you have to make appropriate request in your account. Go to «Withdraw funds» section and enter payout amount that you want to withdraw. The minimum amount you can withdraw is $0.15. Once your request is made, the system will process it instantly.
35% Investment profit is applied to your account every 14 days. Once it has been added to your account balance, you can withdraw your profits.

It is evident that the promoters of  the system are hiding under the umbrella of Bitcoin. It is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. It is simply a mode of payment for transaction.

The real deal is this: Having bitcoin itself is enough investment, all you need to do is to trade with your bitcoin which Multiplecoin has not stated what exactly they are investing in. Plus there are other several ways to grow your bitcoin if you really want to make more with less risk.

Also, there are several red flags on this scheme and how it claims to be offering an investment platform for people to earn high returns.

First is their claim to a coterie of experienced Bitcoin traders. As with many high yield Bitcoin investment scams, these scheme should not be taken seriously as these are no proofs of these experienced traders. There are no pictures, names and resumes of such people. This is a gimmick to make people believe there is an actual investment company working with their money to yield returns for them.

There are several Bitcoin scams that have been launched on the Internet only to run away with investors money as well as Bitcoin.