Welcome to my Octobit.top Review!
Octobit, is the latest cryptocurrency trading platform AKA as HYIP that has caught my eyes.
You might have been approached by a friend to join and you are tempted because of that 25% Daily return on investment, so you decided to do a bit of research before joining.
Well my friend let me assure you that you’ll find all you need to know about Octobit.top by end of this review.
In this review I am going to give you all the details about this company so by the end you will have all the data you need to make an informed decision.
Pay close attention and make sure you read this till the END.
Table of Contents
Octobit.top Review (Company)
Octobit doesn’t provide any information on their website in regards to who runs or owns the company.
After checking their domain registration I found out that ‘octobit.top’ has been privately registered on 12th of February 2021. I wasn’t able to find any other information via their domain registration because they were all private.
Obtobit do provide a UK company house registration on their website. I did check the registration and I can confirm that “OCTOBIT CORP LTD” has been incorporated on 15th February 2021 as a private limited company. The company nature of business is “Activities of open-ended investment companies” and the registered office address is “42 Agnes Road, London, United Kingdom, W3 7RF“.
On their registration, they have a person called CARR, Alexander as the director of the company. I wasn’t able to find any links other than this UK registration connecting this person to Octobit.com, all I can assume he is a fake person.
I would also like to point out that if you search their address “42 Agnes Road, London, United Kingdom, W3 7RF” on Google Map, this is what you will see:
This doesn’t look like an office to me at all, it looks like a residential place.
Lastly checking the traffic to ‘octobit.top’, based on Alexa Rank, currently most of the traffic to their website is coming from Russia following by Saudi Arabia and Bangladesh. I can see a very sharp spike in their traffic too in the last couple of weeks, which means they have been doing a lot of advertisement.
Octobit.top Reviews (Products)
Octobit doesn’t have any retail product or services that you can sell to a customer. As an investment platform this kind of make sense, however they still need to provide information in regards to how they make their income. Currently, all you can do is to join, invest in one of their plans and hope to earn the advertised return on investment.
Octobit Compensation Plan
Octobit.top has 6 compensation plan that you can choose from. Their plans are as follow:
- Plan A: 8% Daily Forever – Deposit $10.00 – $2,999.00
- Plan B: 10% Daily Forever – Deposit $3000.00 – $8,999.00
- Plan C: 12% Daily Forever – Deposit $9,000.00 – $19,999.00
- Plan D: 16% Daily Forever – Deposit $20,000.00 – $39,999.00
- Plan E: 20% Daily Forever – Deposit $40,000.00 – $59,999.00
- Plan F: 25% Daily Forever – Deposit $60,000.00 – $100,000.00
Similar companies I did review on:
Octobit.top Affiliate Membership
Octobit have a simple referral program for their partners.
It follows the same Uni-Level structure illustrated below:
Uni-Level referral program starts with you at top, then whoever you personally recruit are going to be your Level 1 recruit.
After that, whoever your Level 1 recruits is going to be your Level 2.
This basically goes down an infinite level as it’s illustrated in the above image.
Octobit.top caps it to 2 levels.
- Level 1 (Personal Recruit): 5%
- Level 2: 1%
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Octobit.top Review – Withdrawal
These are some of the information I have found on Octobit website in regards to deposit/withdrawal/account.
- Wallets Accepted: Perfect Money, Bitcoin, Ethereum, Litecoin, DOGECoin
- Your account will be updated as fast, as you deposit.
- Your daily profit won’t be added directly to your currency account profits are gathered on your. octobit.top account and you can withdraw them anytime.
- Minimum Amount for Perfect Money is $1, for Bitcoin $30, for Etherium $20, and other Crypto $10. Payments are Instant except Bitcoin & Etherium which will be processed manually due to high Transaction fees control. Sometimes due to technical issues, withdrawals can go upto 48 working hours.
- You cannot open several accounts with Octobit. If they find that one member has more than one account, the entire funds will be frozen.
- To make a spend you must first become a member of octobit. Once you are signed up, you can make your first spend. All spends must be made through the Member Area. You can login using the member username and password you received when signup.
Cost To Join
You can create an account on Octobit.top for free, however to join their investment plan and receive the promised ROI you need to deposit at least $10.
You might actually be able to get away with this and just start to promoting the affiliate membership and wait for your recruits to deposit money so you can use the commission to put it in your own deposit account.
Now that I have covered everything about Octobit.top it is time for me to give you my unbiased conclusion.
Final Verdict
I am gonna keep this one short and just go through the facts:
We don’t know who runs or owns the company, they haven’t been transparent at all.
They only have UK company house registration which is not enough. Since they are promising return on investment and they work with securities, they need to have registration from financial authorities such FCA.
In addition to that, currently UK company house certificate is mostly unregulated and super cheap to get one, which makes it a favorite choice for scammers.
Furthermore, the only income I can see is the new investors money. New investors signup, deposit, and they use that deposit to pay off the existing members. This is your typical pyramid scheme.
The math behind all pyramid scheme are the same, you might earn some money if you join in the beginning, but sooner or later it will collapse and lot of people will lose money.
I can’t recommend this platform
I hoped you enjoyed my Octobit.top review.
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Disclaimer
This Octobit.top Review Article isn’t aimed at defaming Octobit.top nor is it targeted to promoting them.
This article is strictly for enlightening purposes and a honest guide from my perspective because I strongly believe every brand needs a good
Therefore, you are at liberty to accept or reject this article and act base on your own perspective of the platform. You are encouraged to share your own opinion or views about the platform with me via the comments box below so as to further improve this Octobit.top review.
I get commissions for purchases made through links in this post.