Bitqam hype project: review of fraudulent online platform

• Categories: HYIP projects

Hype project Bitqam offers users to invest money in cryptocurrency. Tempting promises of quick profits are just part of the marketing move, as in reality everything is completely different. We are facing another fraudulent online platform that wants to profit off traders using a primitive scam scheme. The fake company actively promotes its services and promises investors fabulous profits, but unfortunately, only the organizers receive income.

Main information about the investment online platform Bitqam

During the review, we tried to find as much information as possible about the Bitqam hype project, but our attempts were unsuccessful. On the official website bitqam.io, there is nothing specific, only vague formulations about the project’s mission and goals.

In the “About Us” section, it is stated that the company is licensed, but do not rush to rejoice, as it is registered in the British Virgin Islands (offshore). And this is not an indicator of the company’s good intentions. The developers simply spent money to buy a certificate to keep their hype project afloat, that’s all.

Also, the site presents allegedly current statistics. For example, the scam creators claim that there are over 2,500 users registered on bitqam.io. Interesting, where are these data from?

The most interesting thing is the domain age. The company’s site has been functioning for only 86 days, so it is unlikely that you can trust your savings to the hype project. Everything clearly indicates that Bitqam is a typical fraudulent investment online platform.

Review of the official resource bitqam.io

The official website of the Bitqam hype project is made according to a standard template. Several sections, basic information, and simple graphics immediately raise certain suspicions. It seems like we have seen such a set somewhere before. The feature of Bitqam is that the resource is translated only into English, so without knowledge of the language, you definitely have nothing to do here.

The main bulk of information is located on the main page, and the categories will not surprise you with an abundance of text blocks. Is it worth mentioning that there are no analytical reviews, current news, and educational materials on the site? Everything is boring and extremely banal. An experienced trader will understand at first glance that this is a scam project that wants to make a profit with minimal effort. And newcomers can easily fall for the bait of the investment online platform.

How to register on the Bitqam.io hype project website?

The review showed that registering on the online platform website is not difficult. You do not need to go through the verification procedure and wait for days for confirmation of the application from the resource administration. The Bitqam hype project only asks to fill out a special form, indicating the following list of data:

• username,
• email address,
• password,
• wallet details in payment systems.

This way, you will create a personal account where you can track all operations and transactions. To start real trading, you need to deposit funds. To do this, you need to choose a tariff plan, specify the amount of the initial deposit, and the payment system.

We strongly recommend thinking again before dealing with this dubious company, as our review contains all the facts indicating that Bitqam is a fraudulent project.

Review of the investment proposals of the cryptocurrency exchange

The scammers have included imagination and developed a total of 3 tariff plans:

• ALPHA PLAN. The minimum deposit amount is 0.002 BTC. The daily profit is 5% (0.21% per hour), the deposit body is included in the final result,

• OMEGA PLAN. The maximum deposit is 10 BTC, and the profitability does not exceed 7%,

• BETA PLAN.This is a trial version that is still under development. It’s just not entirely clear why then put an unfinished project on the site? The developers stated that this service package will bring a 9% profit with a minimum deposit of 0.01 BTC.

The creators of the online platform claim that real experts work on bitqam.io, who closely monitor market dynamics and make informed forecasts. Unfortunately, this is a blatant lie. The scammers decided to outdo their colleagues by making the investment project supposedly perpetual. You invest once and receive a constant income. This directly indicates that we are dealing with scammers.

Technical support of the Bitqam investment online platform

During the review, we paid significant attention to the technical support of the hype project. In the “Contacts” section, there is information about the company’s location. The main office of the platform is located at the address: 87 Hertford Road, Lower Edmonton, London, United Kingdom, N9 7ES. We were able to find information on the Internet that the company Bitqam LTD is indeed associated with this legal address.

Users can contact operators using the email indicated on the official resource — contact@bitqam.io. There are no contact numbers, but there is a special feedback form. There are also links to the pages of the hype project on various social networks, but by clicking on them, you will automatically return to the site. Yes, consultation is possible, but as soon as a client wants to withdraw their money, all messages will remain unanswered.

We are facing a traditional scam scheme: you invest money, make deals, and supposedly receive income. The Bitqam hype project will even allow you to withdraw a small amount once, but the positive moments of cooperation end there. Defrauded investors will not even be able to recoup their investment, as in this case, only the creators of the hype profit.

Conclusions

The review showed that the investment online platform Bitqam is a hype project that tries to hide its true intentions under the guise of a successful cryptocurrency exchange. Unfortunately, we could not find a single review, probably due to the short period of the company’s operation. A mediocre site, baseless promises, and lack of quality technical support are the standard set of scammers. We do not recommend dealing with this company, as a result of cooperation, you will only incur losses.

Author: Alina Maymistova