KSK Forex is a new foreign exchange and cryptocurrency trading and investment company with… you guessed it… a pack of experts who have tons of experience. The company offers long-term solutions to maximize profits and minimize risk at the same time. Sounds like a dream, but how do they do it you ask? Well, the short answer is – they don’t – it’s a High Yield Investment Program, or HYIP. The first clue is that the so called ‘long-term’ solutions are only 30 days long. Confused?
If you needed further proof that this is actually a HYIP and not a real investment company, then just scroll down and check where it says it uses a licensed gold coders script. That’s great you say, but what does it mean? Just google “gold coders” and you will see for yourself. If you are new to bitcoin HYIP investing then it’s probably a good idea to check my basics page (or “stacksofcoin school” as it is now known).
|$15||2%||10||20%||Insane||Yes, 8% fee|
KSK Forex offers four investment plans based on how much you invest. The basic plan is only 2% daily which doesn’t really seem worthwhile, but this low rate should hopefully allow it to run for a bit longer than we are used to at the moment. This plan has a minimum invest of $15 and a maximum invest of $200. I won’t go into detail about the other plans as they require more than $200 and it’s simply not worth the risk.
All plans are principal release at any time for a fee of 8% which is confusing because it also says that the plans are for 30 days. This is just a maximum term and your principal will be returned (maybe) at the end of 30 days if you don’t release it before. The site accepts bitcoin as well as a few other payment processors. Minimum withdrawal is $0.10, or the equivalent in bitcoin.
Sign up, deposit bitcoin, hope for the best! Yep, I said it, and it’s exactly what I’m doing.
You will need to stay in for at least 4 days to get some return on your investment, but the good news is that this admin/group are fairly experienced with this type of HYIP and it should run for 20 days or more. This is based on the types of plans and how quickly it is growing in the HYIP community. Keep checking my investment log below for more information and if anything changes.
|Type||Details (if given)|
|Date Started||5th October 2016|
|Original Plans||1. 2% daily from $10 to $199
2. 2.5% daily from $200 to $1,999
3. 2.8% daily from $2,000 to $4,999
4. 3.0% daily from $5,000 to $10,000
|Hosting Location||Belize City, Belize District, Belize|
|Company Address||7 West Road, Pointon, United Kingdom|
|Contact Phone||not given|
|Registrar Details||not given|
The website for KSK Forex is nothing special, but it does do everything is should. It’s a bit lame, but at least it has had someone do some spell checking on it. As mentioned, it’s just the basic gold coders script with some custom CSS to pretty it up. Who cares anyway… as long as it pays right?
|5th October||Sign up and add initial investment. Alexa rank: n/a|
|6th October||Payment received, instant withdrawal. Alexa rank: 3,518,686. Add second deposit.
Accounts: 267. Deposit: $4,472. Withdraw: $694.57
|7th October||Payment received, instant withdrawal. Alexa rank: 3,518,686.
Accounts: 331. Deposit: $8,387. Withdraw: $1,392
|8th October||Payment received, instant withdrawal. Alexa rank: 1,398,027
Accounts: 371. Deposit: $8,657. Withdraw: $1,825
|9th October||Payment received, instant withdrawal. Alexa rank: 807,464
Accounts: 380. Deposit: $9,087. Withdraw: $1,904
|10th October||Payment received, instant withdrawal. Alexa rank: 621,254
Accounts: 390. Deposit: $9,907. Withdraw: $2,013
|11th October||Payment received, instant withdrawal. Alexa rank: 507,838
Accounts: 401. Deposit: $10,457. Withdraw: $2,109
|12th October||Payment received, instant withdrawal. Alexa rank: 453,377
Accounts: 405. Deposit: $10,672. Withdraw: $2,215
|13th October||Payment received, instant withdrawal. Alexa rank: 425,805
Accounts: 409. Deposit: $10,837. Withdraw: $2,311
|14th October||Payment received, instant withdrawal. Alexa rank: 425,805
Accounts: 412. Deposit: $10,822. Withdraw: $2,387
Growth slowing, reduce one deposit
|15th October||Site problems, looks like the end|
|16th October||Site dead - scam|