Splitt.co Scam Alert! Fake Cloud Mining
Splitt.co review is here to reveal the truth. Actually, Splitt.co is a scam because it is not doing any cryptocurrency mining and tricking people to invest in its program by making them believe they are investing in its cloud mining service which in reality doesn’t exist. So, Splitt is a scam.
Want to find out more details? let’s continue with our Splitt review.
What is Splitt.co? Why is Splitt a scam?
Splitt.co is a scam site which is pretending to be a cloud mining service but in reality is a Ponzi scheme. It is not doing any mining of cryptocurrencies like it is claiming. If you don’t believe us, then ask them to provide the proof of the physical location of their mining farm, then you will know the reality by yourself.
Actually, none of the genuine cloud mining such as Genesis Mining can generate up to 4.7% profit daily like Splitt is claiming to pay its investors. So, this claim already proves that Splitt is a scam.
Splitt login and join in link:- Splitt.co (Not recommended to join, it’s a scam)
Splitt is a fraud company. Stay out of it
Sites like Splitt.co claims to make the real profit by doing the cryptocurrency mining. Even Splitt has claimed that it has been doing cryptocurrency mining in many places such as Malaysia, Singapore, Nepal, and Sweden. Even it claims it started its first hosting contracts in July 2017, concluded with 5 data centers in Malaysia, Singapore, Nepal, and Sweden. Well, we are from Nepal and trust us there are not any data center from this company in Nepal. Even there is not any company registered with name Splitt in Nepal which is doing the cryptocurrency business. We did further research and found out that it hasn’t any data centers in any of those countries as well. So, this is the biggest lie made by this company which proves this company is a fraud. That’s why Splitt is a scam.
We also try to check the WHOIS detail to confirm either the name of owner that they have provided on their website matches with the real owner of the domain or not. But guess what? That information has been concealed in WHOIS details. In the online business industry, only scam companies have found to be hiding their owner details in WHOIS which once again prove Splitt is not providing the real name of its owner.
Actually, we even no need to dig too much to find out Splitt.co is a scam because it’s business model itself is the proof of the scam. None of the legit cloud mining can offer to pay up to 4.7% daily profit, it is not possible to generate such profit by doing real cryptocurrency mining. So, this proves Splitt is lying about its business and it is not generating any real profit.
Companies like Splitt are known as a Ponzi scheme which will only pay few members at starting by routing the money between the members and that is also just to show the payment proofs so that they can lure more investment from various people and collect the huge amount of money and then stop paying and shut down the site and run with the money of 90% of the members.
Splitt.co also offers the referral commission up to 3 level downlines on the sales of its ROI plans. However, it’s ROI plan is not the real cloud mining contracts but just the Ponzi investment schemes. So, paying a referral commission up to multi-level downlines like MLM companies but without selling any real products or services makes this company another illegal scheme, known as a Pyramid scheme.
So, from everywhere, Splitt is a scam. That’s why we have listed it in our Bad and Scams category. Legal authorities have already issued the warning to stay away from these kinds of businesses. You no need to involve with these kinds of companies to make money online because you can find plenty of genuine ways to make money online which are completely legal by clicking >HERE<. However, you need to do some work to make money online. You can’t expect to make money passively like these scam companies are claiming.
Actually, the best way to make money online is by creating your own website in your own subject of interest and doing proper SEO optimization to get good ranking in search pages like Google, Yahoo, and Bing. Yes, it sounds difficult and too much technical but, guess what? It is neither difficult nor you need to have technical knowledge. You can very easily create a website these days and make money from that. The easiest way to do that is by joining the training programs like Wealthy Affiliate. If you are interested, then you can find out more details on Wealthy Affiliate by clicking >HERE<
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