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BTCOnline.io Review

BTConline.io is a self proclaimed industry leading Bitcoin mining pool which is backed up by physical miners equipped with latest algorithms to make as much bitcoins as possible. This firm claims to have data centers across Europe, USA and China.

This service is pretty elegant and simple which is one of the main reason why thousands have fallen prey to this scam.

While we were investigating this service, we found a number of disturbing factors and some fake claims which makes us believe that this platform is nothing but a glorified ponzi scheme. This firm is operational for more than 3 months as of writing this review.

Continue reading our comprehensive and unbiased review to find out why you should never give your money to these scammers.

Company and Contact Details

There is no information about the creators behind this platform. Though we went through all the information put up on this website, there isn’t a single factor which helps to trace the identity of the actual creators.

If this platform was really legitimate why would creators maintain anonymity?

Any firm which provides the retail investors with investment opportunities have to be regulated in order to operate lawfully.

Btconline.io represents an ICO wherein money is raised from investors to purchase more efficient machines and for periodic maintenance of the mining farms, the investors are entitled to certain amount of money after predetermined time period.

Since this company fails to provide any sort of registration or incorporation details, we believe they are operating illegally and in certain way just looting the clients money.

Here are the contact details provided of this firm.

Address – 2009 Pine Tree Lane

City – Baltimore

State – Maryland

Zipcode – 21236

Email – [email protected]

The only way to reach the support team is through email, remember their support team is painfully slow to address your needs.

How does Btconline.io Work?

This firm supposedly provides crypto enthusiasts who does not know much about the technicalities and difficulties involved with mining a way to earn bitcoin. They claim to have mining farms set up in Europe, US and China but there isn’t any credible proof to support their ownership.

The mining equipments they use and their current capabilities in terms of hash rate is not stated anywhere on their website. Looking at this whole platform, it is pretty obvious that they target people who does not know much about the bitcoin and encash their gullibility.

If you are an experienced crypto investor then you can easily detect all the lies on this platform.

Btconline.io - Review

What kind of returns can you expect to make with Btconline.io?

The type of returns you are supposed to get depends upon the type of contract you choose, your initial investment and the time period but nonetheless the returns are over exaggerated.

Here are the details about the mining contracts offered by this platform.

Basic

Deposit – 0.01 BTC

Earning – 0.0004 BTC per day

Aff. Commission – 12%

Platinum

Deposit – 0.9 BTC

Earning – 0.08 BTC per day

Aff. Commission – 40%

Professional

Deposit – 0.5 BTC

Earning – 0.03 BTC per day

Aff. Commission – 20%

Enterprise

Deposit – 0.20 BTC

Earning – 0.016 BTC per day

Aff. Commission – 17%

Standard

Deposit – 0.05 BTC

Earning – 0.0025 BTC per day

Aff. Commission – 15%

Testimonies

Testimonies are a kind of social prove which instills trust and confidence among investors. There are a number of testimonies put up on this website wherein the alleged early users express their views about this firm and how it helped them earn significant returns on their investment.

Btconline.io - Fake Testimonies

Do not believe any of them as they are not from real users, they are all from fake profiles with a stock photo.

As you can see from the image above this person claims to have earned 155 BTC in 3 months. It is impossible to achieve these type of returns in such a short while. Ask yourself why would they put up fake testimonies unless they are trying to hide something from us?

Affiliate Program

To lure maximum people on to their platform in the shortest period possible they encourage the existing users to refer more people to this service. The affiliates promoting this scam are paid up to 40% of the deposits made by their referrals which is why many blogs and HYIP monitors are promoting this phony platform.

Btconline.io - Affiliate Program

It is not mandatory for the affiliates to be an active investor to collect their commissions.

Deposit and Withdrawal

The only payment method supported by this platform is Bitcoin. Before you buy any plans from this platform remember that Bitcoin transactions are hard to trace which is why scammers love this currency.

They state that the withdrawals are processed instantly but sometimes can take manual approval from their side.

Domain Insight

According to whois.com this domain was registered on 04/4/2018 and expires exactly after a year.

This website ranks 3,743 in Brazil and has a global rank of 22,980 according to the data on alexa.com.

The majority of the traffic coming to this website are from Brazil, Philippines, Indonesia, Bangladesh and India.

Btconline.io Complaints

There have been heaps of complaints against this service on popular forums like Beermoneyforum.com. Hear what the real users are saying about this platform:

Really? I kind of had a feeling about that like “I bet when you hit that withdraw button, they’re going to require an upgrade”. Also they require a min of 0.006 btc to withdraw. That’s currently $38.00. Something not right there and somehow I don’t believe all these people are buying their upgrades like they claim. I also call bs on their reviews.

Is Btconline.io a Scam?

Yes.

The returns offered by this service are all fake. Do not be gullible enough to trust any of their outrageous claims which are not backed up by any sort of credible proof.

Looking at this service and considering all the points discussed above, we strongly believe that they are not at all involved in actual mining activities.

Btconline.io Review Conclusion

Btconline.io is a ponzi scheme which started out by paying certain investors to grow their user base but as you know this model cannot last for long. Sooner or later you are guaranteed to lose your funds.

Do you have any experience with Btconline.io? Share your opinions and views by commenting below.

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45 Comments

  1. Byron Cullen

    No you didn’t…after you make a deposit they change your pin to keep you from logging on…btc pool does the same thing.

  2. gold

    i think the webhost too should be call into question.. if a particular site is called to be a scam.. the webhost should be shut down..

  3. morteza

    it is totally scam ,before i reached 0.001btc the minimum emount for withdraw was 0.001btc but aftar i reach 0.001btc and i tried to withdraw it became to 0.006btc and its not the point , if you ever look at the table of paymant in the site you will see there are someones who i actualy withdraw with free plan at 0.001btc in a few minutes ago so why they can withdraw with free plan in 0.001btc but i can’t !? i did report them to abuse and the others but they say this site hab been paid for some users and there is evidence of ghe paymant , but im telling you , dont throw your money on their pocket , it is entirely scam .

  4. Vryle

    I will waiting for a months to proceed my request to pay out.. but its always pending.. yes its free only but i always think positive that my request to pay out is granted.. IM FROM THE PHILLIPPINES pls BTCONLINE PLS KINDLY PROCEED MY PAY OUT. THANKS

  5. Alex

    I reported to namecheap and hostsailor, they investigated the scammer and now they moved both domain name and hosting to new service providers. But I will continue report until they close the site. If you guys who lost money like me report to the hosting and domain name registrar they cannot survive longer.

  6. wilfred

    I made a withdrawal but it is now a month and this is what they are telling me <increase your IPV for instant withdrawals, or wait 10+ days until your withdrawal is processed manually.

    Your IPV (Instant Payout Value) is Low | What is IPV?
    You can upgrade to PLATINUM, this is the highest plans and have infinite IPV.
    PLATINUM UPGRADE IS 0.9BTC
    I think it is a scam

  7. owltuyulnetz

    i ve been registered with free package when about to withdraw earning…they ask me to do some deposite… hehehe.. sorry i think its scam

  8. ydolem

    I signed up with this site 2 months ago with free account. Now I reach the minimum amount of withdrawal 0.006 btc but when I click the withdraw button, it didn’t respond. I wish this is not a scam. I will wait for it for a following days. If it will not still respond then it’s a scam.

  9. C

    I’ve been waiting well over a month for my .006 BTC withdrawal to go through. I won’t pay for mining in the first place, as I consider it a great waste of energy.

  10. yash pal

    i guess it may true that this website is scam but in india, all my friends got their free 00.6 btc in their wallet. and from last three months my friend has earned 1.22 btc withdrawl from this company absolutely free…i think that is awosome…because he got it free…i guess more 2 month this site can survive….i no its impossible to give so much free btc….because now day for mining 1 btc….how much one Town use electricity for 1 month…that much electricity is needed for 1 btc mining. so please ensure you withdraw your btc when it reaches the thrashold….enjoy ice cream becfore it gets melt…

    • Alex

      the free withdrawal could be someone else deposit, they will let you withdraw once or twice just to lure ppl in to deposit more btc on their site, once they accumulate more btc they will eventually exit scam

  11. Maybeline

    i actually got my payout worth 0.007 bitcoin I withdraw 12am then after 4hrs i received to my wallet and its pretty cool cuz i got it for free only 😊

  12. Clinton

    Look shut up if you don’t know what to say. The person you said earned 155 bitcoin didn’t say that he said he earned 1,55bitcoin which is 1.55 bitcoin. Stop spreading false news not all are scam

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