MaxBits review 2022 | File A Scam complaint

What is MaxBits Review?

MaxBits specializes in the cryptocurrency MLM niche and claims to be the world’s first professional algorithmic trading solution for automated crypto trading. Blockchain and cryptocurrencies have become a popular trading topic, with many banks introducing blockchain-based services and using cryptocurrencies for interbank settlement, and even blockchain/cryptocurrency-based hedge funds appearing.

Do you think the people in charge of funds would be transparent about who they are? Unfortunately, MaxBits.Biz doesn’t provide any information about the leadership behind the company – their domain was privately registered on March 9th, 2022 without any company or financial regulator registrations.

What are MaxBits Products?

MaxBits does not offer any retail products or services – all you can do is become an affiliate and promote their membership. They promise returns if you invest in one of their “Tariff Plans” – five plans with different minimum investment amounts and ROI’s ranging from 44% hourly ROI for 10 hours up to 1700% ROI after 7 days. They also pay commissions through a unilevel compensation plan structure, capping at three levels with 7%, 1% and 1% percentages respectively. To join as an affiliate, it’s free – but if you want to be part of the investment opportunity, you must invest between $1 to $5000 in crypto.

What are other MaxBits reviews saying?

Most of them are done by affiliates hoping to earn a commission off of you – but don’t follow their lead blindly because they didn’t look into the company properly. The truth is simple: it is a scam! The lack of transparency in leadership makes it hard to hold anyone accountable if things go wrong; moreover, there is no proof of any actual crypto trading services being offered. All that can be seen is new investments being used to pay off existing members – making this company nothing more than a ponzi scheme! Don’t invest in this thing!

MaxBits Review: Conclusion

To begin with, MaxBits is a mysterious site that needs validity. It isn’t authorized to offer trading services as it does not hold any valid license and is targeting clients of different nations. So, we advise you to stay away from a such brokers as your money may be at high risk with them.

Also, to prevent yourself from scams like – Forex scams, Binary scams, Romance/Dating scams, Cryptocurrency scams, or any other scams, you should pick a broker or company regulated by some major regulators like FCA, FINMA, SEC, FMA, ASIC, etc. Check the reviews of brokers and also read the policies and terms and conditions. These small details will prevent you to become a victim of broker scams.

Get more Information about Scam Brokers VisitScam Brokers 2023 Page to avoid Cryptocurrency trading scams, Forex trading scams, or other online scams. Also, check Regal Capital Group review.