BitConnect Review – Is This A Good Opportunity Or Big Scam?
In the last few month, BitConnect has been getting a lot of attention in the network marketing circles, With all this hype, I am sure you have seen some of your friends trying to sell BitConnect in your social media feeds, i wanted to gather all the information about BitConnect in my BitConnect Review in order for you to make a decision about joining BitConnect. Is Bit Connect legit or a scam?
Will it be able to deliver on it’s promises to you?
Let me show you in my unbiased review of Bit Connect.
Read on to find out what you need to know.
What is bitconnect?
A self regulated Financial system
BitConnect is an open source all in one bitcoin and crypto community platform designed to provide multiple investment opportunities with cryptocurrency education where it is entirely possible to find the independence we all desire, in a community of like-minded, freedom loving individuals who, like you, are seeking the possibility of income stability in a very unstable world.
What Determines, Affects, and Influences BitConnect coin Price and BitConnect ecosystem?
BitConnect Coin price is a perceived regard for its supply and demand features designed during Bit connect coin algorithm along with bit connect lending platform. The future value of Bit Connect Coin is a result of many aspects coin supply mining and minting algorithm, Bit Connect community network, and its features. This guide discusses the most important factors that lead its users to consider BitConnect coin to be valuable as of now and in near future.
BCC Coin Specifications:
Maximum coin supply: 28 millions
Current available supply: 6 millions
Fresh New supply: Adding 23 million more via BCC mining (2.6 million) and BCC minting (20.4 million) over the time and its purely dependent on public demand.
There are 3 channels in use to self-regulate the ecosystem:
1. COIN SUPPLY CHANNEL( Supply fresh new coins to the Bit connect ecosystem)
BCC Mining: Total 2.6 million BCC will mine through miners. BCC mining will continue for 1 year with 10 BCC generated every 2 minutes.
BCC Staking: Total 20.4 million Coins will supply through BCC Staking
Bit Connect Investment Solution by Lending Bitcoins — Earn interest against Bitcoin price volatility
Holding Bitcoin exclusively can be a risky investment due to high price volatility. One day the price is up 10% then the next day it’s down 20%, means that an asset is risky to hold. To combat bitcoin price volatility we provide the bitcoin lending module for bitcoin investors, which maintains your asset value and even earn a substantial return on investment.
How does earning calculate on Bitcoin Lending? BitConnect volatility software calculates daily earning on your bitcoin investment, where bit connect trading Bot do its work to generate income based on Bit connect volatility software.
To give an example: If you lend $1000 today- you will see interest accrued after 24 hours, calculating that day’s interest rate as shown in the bar chart. If it is 0.45% then you will have $1000 + $4.5 interest next day in your account. The interest accrued daily based on Volatility software.
Lend your coins to Bitconnect.co and earn a daily interest from it. Your money starts counting as soon as you deposit on the lending platform.
BitConnect Coin Lending Profits Interest
You Can Also Earn Extra By Referring Others
If you’re a team builder, there’s definitely an incentive with Bit Connect’s affiliate bonus. You earn 7% from your direct referrals and to a lesser extent from their referrals and so forth. Their referral program is 11 levels deep, so there’s huge earning potential.
Bitconnect.co is not a scam because it is paying. It has also confessed not to have a particular rate of return because of the bitcoin market fluctuations. Notwithstanding, it is a very profitable program to join and would most likely last for more than a year. To join, simply register and deposit bitcoins. Use the bitcoins to buy Bitconnect coins and lend, stake, trade or exchange through your account.