Perhaps you want to invest your BTC online and don’t know where to start! If so, you need to read our complete BitFlare Review before joining this new HYIP! We have all the information you need in order to make up your mind.
If you are already working with this site, please send us a quick message and detail your experience. We need to hear from you regarding any HYIP that you have joined. Our readers are the most important part of our website. We use the information you give us in order to help others!
Likewise, feel free to message us anytime for investment advice!
Let’s get started!
Official Website: https://bitflare.io/
WARNING: Be very careful when using your Bitcoin to fund investment accounts. Not only is your BTC account susceptible to being hacked, it is also untraceable. This means that if you are scammed, you will not be able to track your money down or report it to open a dispute.
Everyone loves Bitcoin, but you need to know what you are getting into before using it online. It’s easy to make and just as easy to lose.
BitFlare.io is a high yield investment program that offers a return of 0.15%-0.20% hourly forever. This investment site claims that they will pay you this percentage forever, unless you choose to cancel it. Is this reasonable? Keep reading to see our thoughts!
The process by which they claim to make these profits is through Bitcoin mining. BitFlare scam claims to have huge mining facilities run by professionals that bring in huge profits. They use your money to bring even more profits and then share some of those rewards with you.
BitFlare.io scam offers VERY little facts when it comes to explaining their process and ownership. In fact, we discovered that there so much missing information from their website, we aren’t sure why anyone would take them seriously. Let’s take a look.
1. Who owns BitFlare.io?
The website registration is anonymous. The business registration is also not showing a name or location. This is unfortunate because it means that whoever owns and operates this scam is too much of a coward to show his face.
This is most likely because the same person owns other HYIP scams and he doesn’t want to draw attention to the fact that he’s scamming thousands of people from multiple sources.
TIP: Never trust a website with your money if they hide their identity from you! An honest person will be transparent with you and introduce himself.
2. Does BitFlare HYIP mine for BTC?
The next claim on the site is that BitFlare.io owns large mining facilities that they use to mine BTC from. We can’t locate any physical address for these supposed mining locations. In fact, we have NO proof at all that they exist.
It is our belief that they do NOT mine for BTC at all. At one point on BitFlare.io scam, they claim that they have shown proof of a long and successful mining business. Where is this proof? It doesn’t exist! We scoured the site and found nothing.
They are nothing but liars!
BitFlare scam is a relatively new HYIP that has only been operating for a little over a month. They will probably last a minimum of three more months before they are gone for good. Get out now while you can!
In the short time that they have been open, they have paid some people we spoke with but only the portion of money that they originally put in. Nobody made a profit out of this site. Most people were asked to deposit additional money before taking a withdrawal. This is a HUGE red flat.
Never deposit more money into a scam site if they promise to pay you. They will not pay you.
How Can I Earn Online?
Most programs online today are scams. That’s the sad and honest truth. We research online financial scams every day and we have seen just about every type of scam imaginable. Millions of people are losing their money each day and hundreds of scam artists are supporting their lifestyle with these stolen funds.
As an investor, you need to make a wise decision regarding how you spend your money online in order to earn! Our website is not like most sites. We only support one or two programs that we really believe in and we’ll always be straight with you.
The best site for earning is CM Trading. They are regulated and legitimate and have been paying for several years now. What is CM Trading? Please read our review to find out! If you have any questions, feel free to email us!
Another earning option that works for many people is our IQ Options strategy. Take a look at that, and let us know what you think!
Is BitFlare a Scam?
BitFlare.io is a scam site that preys upon the vulnerable and naive investor. They have lied to you about the nature of their business and failed to show any proof that they pay or will pay you. If you still chose to invest in this site, please understand that you will most likely be scammed and be left without your money.
Take our advice and stay away from sites like these! BitFlare is a scam and deserves to be shut down!
Stay safe online and as always…