Consumer reviews about bit-funds.ltd
Very negative reviews
I was deceived and lost over $350,000 to fraudsters who guaranteed high returns on my investment. After blocking my attempts to withdraw funds, they demanded additional fees for
I was deceived and lost over $350,000 to fraudsters who guaranteed high returns on my investment. After blocking my attempts to withdraw funds, they demanded additional fees for
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Full review bit-funds.ltd
Company Rating
bit-funds.ltd is using a free email address (e.g. Gmail, Hotmail) as contact for the Administration. Large website usually use an email address related to the website or a corporate email address. Smaller websites often use a free email address. An email address related to the domain name is a positive sign.
We see that the owner of the website is using a service to hide his/her identity. This may be because the owner does not want to get spammed. However, it also makes it difficult to identify the real owner of the website. As a result, websites hiding their identity get a slightly lower score.
This website seems to offer (content about) high-risk financial services like trading in oil, gold, foreign exchanges, and off-shore investments. Please review our blog on the risks of high risk financial services before investing.
We identified keywords that indicate that the company may offer very high-risk financial services, meaning services that may offer a high return; but also a high likelihood of losing (all) your money. We advise you to be very careful. There are no financial services that can guarantee you a high income or offer investments without risks. With high potential revenues from investments always come a high likelihood of losing all your money. Want to know more? Read our blog post on "High Risk Financial Investment Scams".
This company seems to be offering jobs that are often misused by a scammer. Jobs, where you have to click on ads, fill in survey forms or simple, have to watch youtube videos are often a scam. The scammer is collecting revenues from advertisers who are unaware that people are being paid a fee to meaningless click, fill-in or view his work. The scammer is committing so-called "click fraud" and is often caught quickly. The people working for the scammer then do not get paid (if the scammer planned to pay the workers at all). Read our blog about "Pay to Click Scams" to learn more.
We found a lot of reviews for this company. What makes us a little bit suspicious is that the website is also very young. Usually, it takes a lot of time, effort, and orders to get this many reviews. We recommend you to check the reviews of this company manually to see if they are real or fake. Our blog post How to Recognize Fake Reviews may help you.
Webshop Analysis
The contact email address used for registering bit-funds.ltd is a free one (like Gmail, Hotmail). This is not necessarily a bad thing but is uncommon for a professional website. Larger websites can be expected to use the domain name for email.
We discovered that other suspicious sites are hosted on the same server as the website. We therefor lowered the review of bit-funds.ltd. You can see which websites by checking the server tab lower on this page for more information. Other suspicious websites are website with a low trust score which may be online scams or selling fake products. Often scammers use the same server to host multiple websites at the same time.
This website seems to offer cryptocurrency information and or services. Cryptocurrency services like bitcoin exchanges, crypto-mining, and trading services are considered high-risk. Not only due to their inherent nature (cryptocurrencies are often volatile compared to currencies like the Dollar and Euro) but also because many scammers try to lure consumers into investing in (non-existing) digital valuta. Please read our article How to check if a cryptocurrency site is legit or a scam..
The domain has only been registered recently. We recommend you to be cautious when buying or using services from a website that is very young. You may like to check our blog: "How to recognize a scam". Websites of scammers often only last for a few months before they are taken offline. An old website is no guarantee that the site is safe. Some scam sites are even years old. Most scam sites however are taken down after a few months as the number of consumer complaints rises and the hosting company is getting tired of the many emails and phone calls.
We always crawl the website we are investigating. In this case, we found some keywords which either give the impression the site is under development or not finished or are using words that scammers often use. If we find this sentence on a website, it likely means the website is being developed and not yet ready to be used or that it may be associated with a scam. On the other hand, scammers also use templates a lot and often forget to remove these texts. Hence, we give websites with these common sentences a lower score.
Technical Analysis
The technical contact email address of bit-funds.ltd is a free one. We prefer that the domain name of the website is used to better identify the owners of the site. A free email address can be misused. Especially larger websites are expected to have a domain related email address.
This registrar has a high percentage of spammers and fraud sites. The domain registration company seems to attract websites with a low to very low trust score. This may be a chance but it may also because the "Know your customer" process of the registrar is poor or non-existing. We reduced the trust score of the website as a result.
This website is offering payment methods that allow the buyer and seller to remain anonymous. While this may have benefits for the consumer, it also allows the merchant to "hide". Especially paying with a wire transfer, Moneygram, Western Union, and cryptocurrencies makes it very difficult to trace back the merchant. We recommend you pay with payment methods which offer some level of "money-back' guarantees such as the major credit cards and Paypal. Want to know more about Safe Payment Options? Read our blog.
A valid SSL certificate was found. Professional companies use an SSL certificate to encrypt communication between your computer and their website. However, there are different levels of certification and scammers also install a free SSL certificate. If you have to enter your data, never do this without checking if an SSL certificate protects your information.
Facts about bit-funds.ltd
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The review report of bit-funds.ltd has been requested 73 times.
First analyzed: 2022-01-12 02:31:17.
Last updated: 2024-10-31 06:20:21
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