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Santiago de Chile
4 Level
143 Review
386 Karma

Review on BitClub by Francisco Varela

Revainrating 4 out of 5

BitClub Mining Pool

The company has remained in the market for more than 6 years, in addition, at this time it has launched its own cryptocurrency CLUBCOIN (CLUB) which, even though it is a difficult time for cryptocurrencies, has managed to maintain itself and has positioned itself at 180 market capitalization ranking according to coinmarketcap. In addition, it has its own COINPAY wallet and is a company registered among the 10 most important companies in the world of BlockChain mining.




Pros
  • They offer an affordable investment plan for low-income people.
  • The main means of transaction is bitcoin due to its transparency, quickly and easily.
  • All high-end technological resources, servers and tools are covered by insurance.
  • These are the numbers that BitClub handles today 5,200,000 happy customers, 4,808,099,066 deposits completed and 102,421,959 in earnings earned.
  • The growth of the company is based on a crowdfunding scheme, which makes this opportunity a unique way of doing business from day one.
Cons
  • They are accused of scam, the US Department of Justice. USA accuses BitClub of operating an alleged Ponzi scheme. According to the complaint, the fraud began in April 2014 and continued until the beginning of December 2019, when two of its founders were put in prison.
  • It is not an apparently reliable company, it is not regulated and it does not transmit security. Its operation is comparable to a Ponzi scheme and the fact of not knowing the team behind the project affirms that it will be difficult to make any claim.

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