Risk free investment?… yeah right. The only risk free investment is NO investment, which doesn’t have great returns. Anyway, BitAinex is more than just a mouthful to pronounce, it’s also a new HYIP for you to invest bitcoin. Nothing special here, just basic plans ranging from 2.6 to 4.8% daily.
To get started on BitAinex, simply input your email address and a username and password is sent to you. I recommend changing this password when you first log in to something a bit more secure. Remember to use a unique password for every HYIP that you use. It’s a bit of a pain, but it helps keep your accounts safe.
Once logged in you can make a deposit using the bitcoin address supplied. It should appear pretty quickly and you are all set. Your profits are calculated daily and added to your account balance. Minimum withdrawal amount is 0.0001 BTC so withdraw often if you are nervous.
There are 3 basic plans to choose from:
- 2.6% daily for deposits up to 10 BTC
- 3.2% daily for deposits from 10 up to 50 BTC
- 4.8% daily for deposits above 50 BTC
Each plan lasts for 45 calendar days, and your deposit is returned after this period. So total returns are 217%, 244%, and 316% when you include the returned deposit. However, this means that your deposit is locked up for this time and can’t be released.
I would recommend only the first plan as it’s the least risky, but the fact that your deposit is locked for 45 days makes all the plans very risky. If you are new to HYIPs, then probably don’t invest or go with something small. The minimum deposit is 0.001 BTC.
BitAinex is a pretty standard looking HYIP and doesn’t stand out from the crowd. The look of the site is OK, but some of the text is hard to read which detracts from the site. The trading story is plausible, but there are so many HYIPs that use something similar. The member section is nice and easy to use, and all the info is clear and concise. Overall, BitAinex is good, but needed more attention on the design and grammar.
So, remember the risks and don’t invest bitcoin you can’t afford to lose. Also, you can follow my progress on my bitcoin HYIP monitor.