Trade Future is a new investment company which is involved in the international cryptocurrency market, trading, and some kind of bitcoin investment program. This investment program sounds complicated, but it is actually very simple, and to save you reading the site I will summarize it for you here: “we take your bitcoin, stick it in a pile, pay you for a while, and then disappear“.
So, the key to this type of investment is to get in early and know when to get out. By the way, this is a HYIP that doesn’t mine or trade anything, and if you are not sure about that then read my basics page for more info. If you are familiar with HYIPs, then you are probably also familiar with the large number of recent early scams, so always remember the risks and never invest bitcoin you can’t afford to lose.
|0.01||5%||4||20%||Insane||Yes, 5% or 0.01 min.|
Trade Future keeps it nice and simple with a single plan of 5% daily with principal release at any time. The minimum deposit is 0.01 BTC, and the minimum withdrawal 0.0005 BTC. Your principal can be released at anytime (after the first 24 hours) but it does carry a 5% fee. This fee also has a minimum of 0.01 BTC so keep that in mind for smaller or multiple deposits. The site is bitcoin, as well as some other payment processors to give investors a few more options.
Given recent performance of HYIPs, I feel that the best strategy here is to go for a smaller return and release your deposit. However, you will need to work out the actual return as the minimum release fee is 0.01. For example, if your deposit is 0.1 BTC, the release fee is 0.01 BTC (10%) so you will need two extra days investing to cover this fee. If your principal is less than this, then the release fee can eat into profits quickly. Personally, I will be aiming for 50% return (10 days) and then release.
|Type||Details (if given)|
|Date Started||23rd September 2016|
|Original Plans||1. 5% daily from 0.01 BTC|
|Hosting Location||Guayaquil, Provincia del Guayas, Ecuador|
|Company Address||not given on the fake company document|
|Registrar Details||Companies House, 10th August 2016|
The website is actually a very close copy of the recent scammed BitDeposit which was a star performer, and probably the last of the ‘good HYIPs’ in recent times. Obviously this is no guarantee of any results here. The site is pretty basic and it has all the same errors that BitDeposit did which pretty much confirms it’s the same admin. Other than that, it’s just another HYIP.
The following log tracks the progress of the Trade Future HYIP as well as my investments.
|23rd September||Sign up and add initial investment. Alexa rank: n/a|
|24th September||Payment received, instant withdrawal. Alexa rank: n/a.
Add second deposit
|25th September||Payment received, instant withdrawal.|
|26th September||Payment received, instant withdrawal.|
|27th September||Payment received, instant withdrawal. Alexa rank: 878,142.
Deposits: 77.7 BTC. Withdrawals: 34.0 BTC.
|28th September||Payment pending, possible problems.|
|29th September||Payment still pending.... and I'm still hoping it comes back on|
|30th September||Nope, still pending... a scam it is!|
Another dismal effort from a principal release HYIP. A very disappointing 4 days paying and really highlights how rubbish HYIPs have become lately. They are always high-risk, but when this type of HYIP is scamming in the first week, it makes you think about whether this type of investing is worth it.