Cryptocurrencies have just been banned in Nigeria, and cryptocurrency investments aren’t expected to gain much heat.
However, SmartBitProfit is a new investment program that’s based on cryptocurrencies, that can help you massively multiply your crypto vault in no time.
Are their claims true?
Can you really make up to 15% daily return on investment of this platform?
We’re on the course to find out. in this SmartBitProfit review, I’ll show you the exact offering of this platform and the investment costs. Also, you’ll learn if you should invest, or run.
[lwptoc]
What is SmartBitProfit?
Smart Bit Profit is a crypto-based investment platform that promises a 3.3 to 15% return on investment for investors.
SmartBitProfit members invest in cryptocurrency, and their investments are used to fund crypto trading and mining activities which supposedly yield a high return on investment for investors.
The business model shows that the program is a high yield investment program (HYIP). My analysis revealed that it’s a matter of when, and not if this income program will crash.
In short, if you’re investing your money, be aware that you might wake up tomorrow, and find the website unreachable.
I might not be 100% accurate, but I’ve predicted the fall of many income programs. However, some of my predictions aren’t accurate, so I’ll advise you to review this platform’s offering and see if it aligns with commonsense.
If you think it’s safe to invest, you’re free!
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How SmartBitProfit works
I hinted at this at the beginning of this review, and I’ll go in-depth on it now.
SmartBitProfit is an HYIP that promises anywhere from 3.3% to 15% daily returns on investment. The profits depend, obviously on how much you invested.
You can invest as little as $20, which is the minimum deposit, and up to $9,999,999.99, which is the maximum amount you can deposit on the platform.
According to the information on their website, your invested capital will be used to mine and trade cryptocurrency, which supposedly generates the insanely high return on investments (ROI) that they pay their members.
This kind of setup isn’t new in the income programs industry; it’s massively widespread.
There is something disturbingly similar about these kinds of income programs, however; they always crash.
However, it would be unfair to judge an income program based on the sins of its predecessors. That’s why this review won’t be stopping here.
Over the next few sections, I’ll be showing you the numerous investment plans offered by this program, their costs, and the attached profits.
Are you ready?
How to earn on SmartBitProfit
There are two basic ways to earn on Smart Bit Profit; referrals and investment packages.
There are nine investment packages on SmartBitProfit, as investments are the platform’s main offering. The referrals program is a side earning opportunity for interested members only.
SmartBitProfit Plans
As mentioned above, there are nine different investment plans on SmartBitProfit. The associated profits depend on what investment plan you purchase. The base investment package earns you as little as 3.3% daily ROI, and the ultimate plan earns you 15% ROI daily!
The investment plans are quantitatively analyzed below.
- PACKAGE 1
Minimum investment: $20
Maximum investment: $49
Duration: 30 days
Daily ROI: 3.3%
- PACKAGE 2
Minimum investment: $50
Maximum investment:
Duration: 30 days
Daily ROI: 4.4%
- PACKAGE 3
Minimum investment: $100
Maximum investment:
Duration: 30 days
Daily ROI: 5.5%
- PACKAGE 4
Minimum investment: $200
Maximum investment:
Duration: 30 days
Daily ROI: 6.6%
- PACKAGE 5
Minimum investment: $500
Maximum investment:
Duration: 30 days
Daily ROI: 7.7%
- PACKAGE 6
Minimum investment: $1,000
Maximum investment:
Duration: 30 days
Daily ROI: 8.8%
- VIP 1
Minimum investment: $5,000
Maximum investment: $9,999
Duration: 30 days
Daily ROI: 10%
- VIP 2
Minimum investment: $10,000
Maximum investment: $19,999
Duration: 30 days
Daily ROI: 12%
- VIP 3
Minimum investment: $20,000
Maximum investment: $9,999,999
Duration: 30 days
Daily ROI: 15%
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Smart Bit Profit Referrals
Asides from earning through the investment packages, you can also earn by inviting friends and family to join the platform.
SmartBitProfit uses a familiar referral rewards system, where you earn 5% on your first level referrals, 3% on the second level, and 1% on the third level referrals.
Cool huh?
How to Withdraw on SmartBitProfit
SmartBitProfit claims they’re based on cryptocurrencies, so you can withdraw your earnings in Bitcoin, Ethereum, Dogecoin, Bitcoin Cash, and Litecoin.
You can withdraw any amount from your account, provided your balance is up to the withdrawal amount. When you withdraw part of your capital, you stop receiving the full ROI.
How to Register for SmartBitProfit
Signing up for Smart Bit Profit is easy and free
Here are the steps required to sign up on the platform.
- Open the website URL (smartbitprofit.com), and click on “Register”
- Complete the loaded form, and submit it to proceed with your registration
- Login to your account and make a deposit that can cover your preferred plan. After completing the deposit, find and select your preferred plan
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Is SmartBitProfit Legit or a Scam? | Scam Bit Profit review
For some income programs, determining if they’re legitimate is much of a herculean task. This doesn’t seem to be the case with this specific income program.
Apart from having an incomprehensible structure, it boasts of all the qualities of an illegitimate program, and you don’t need a soothsayer to tell you it won’t last long.
Here are the reasons.
-
Age
It’s 8 days old. Not much to say here…
-
Management
SmartBitProfit has no owners or CEOs listed on their website, despite claiming to be a team of highly experienced crypto traders with powerful crypto mining hardware.
Something I’m finding difficult to understand about these platforms is that they claim to have “perfect” teams; who those perfect teams are, we never know!
-
Unrelated Claims
When I got to their “About Page” for the very first time, I honestly thought it was a web hosting company.
Like seriously, what business do investors have with DDoS protection and SSL certificates?
They even claimed they use dedicated servers for fast performance. Who the hell cares about your website performance?
Just pay me when it’s due!
-
Physical Address
And finally a positive. Their company has a supposed physical location in England. I’m not writing from England, so I really can’t confirm the accuracy of this, but let’s assume it’s true.
Conclusion | Is SmartBitProfit a Scam?
This will be over to you. If you’ve read my post up to this point, you should know what my stance on this is, and if you haven’t, scroll back to read.
I’ll love to have your opinions too, as it’s what truly matters. It’s your money, and you can do whatever you want with it.
However, no matter how legitimate an income program might look, never invest what you can’t afford to lose. That’s the basic rule.
What do you think about this platform, folks?
Is it legit or a scam?
Or maybe it crashed.
Thanks for reading.
