There's a new website called bitcosmos.biz doing the rounds that's only around a week old, I thought give it a look over and do a review.
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What is bitcosmos.biz?
Its a new lending platform based on bitcoin that offers interest rates of up to 15% depending on how much you deposit with them. They claim to be making money by developing software and by mining bitcoin and other altcoins which allows them to offer such a high commission on lending.
They're registered as a company in the UK with registration number: 10876335.
There's been plenty of members showing their withdrawals from the platform live so there's no reason to doubt that the website is paying out all users earnings.
Lending options
They offer 3 different lending rates:
Lend them 0.001 BTC up to 10 bitcoin and receive 10% commission forever.
Lend them from 10-50 bitcoin and receive 12% commission forever.
Lend them 50-300 bitcoin and receive 15% commission forever.
How to get started
Its simple to register on the website by just providing your email and bitcoin address, you can sign up with the following referral:
GET STARTED HERE
Once registered you can go to the 'make a deposit' section, select your preferred investment plan with the amount you wish to invest. Once you've done that the website will give you details of the bitcoin address you can send your money to. Bitcoin is currently the only payment method on the website, your deposit will be added to the platform after 3 confirmations which should take around an hour.
You can have multiple investments on the website running at the same time, the only limit is the maximum of 300 Bitcoin. The platform doesn't charge any fees to make withdrawals.
How will bitcosmos.biz pay you?
The website pays out every day, even on weekends. Depending on your preferred option you'll receive between 10-15% interest per day which will be credited to your account in bitcoin. Once you've received it you're free to withdraw it from the platform or reinvest. There's no maximum amount to withdraw with the only limit being a minimum of 0.0005 Bitcoin.
Even with the lowest 10% commission it will take you just 10 days to get your money back even without reinvesting. A 1000$ deposit will net you 100$ per day leaving you with just your profits to invest from day 11 onwards.
I'd recommend withdrawing your money every day just incase something was to go wrong with the website.
Is the company legit?
It's a registered UK company so as far as I know its legit. Please remember though that any site offering to pay you even 1% per day is risky so 10% per day is definitely risky, please don't invest any money you can't afford to lose.
Referral Program
The website offers a generous referral program, paying 5% on the first level and 1% on the second level. You can get started by signing up with my affiliate link:
SIGN UP HERE
Conclusion
The website is only around a week old and is proven to be paying out. This offers a good opportunity to make some cash very quickly. Their referral program isn't as high paying as some others but should still offer good returns. Please note that any investment like this is high risk.