Description
UpdateBTCFlex aim is to provide a secure and thriving investing environment to all its users. We wish to build a mutual beneficial and long lasting business relationship with all our clients.
Reviews
Write a reviewThabsie - October 2, 2015
Thabsie - October 2, 2015
Thabsie - October 2, 2015
Thabsie - October 2, 2015
Thabsie - October 1, 2015
Zodwa - September 28, 2015
Adiktuz - September 28, 2015
Thabsie - September 22, 2015
Thabsie - September 22, 2015
1. You will not be able to access your account
2. They send a message that they suspect someone is hacking your account and will send fictitious computer or device details
3. You click on password forgotten, and they send a new pin, you log in and change your pin
4. The next time you log in same problem as above
5. You ask for a manual pin as they are not sending pin details anymore - supposedly being received by the hacker
6. You log in - all bitcoins have been withdrawn.
THIS IS A SCAM BY BTC FLEX THEMSELVES. THEY DO NOT HAVE AN ADDRESS, CONTACT DETAILS FOR SUCH EMERGENCIES OR ANYTHING.
WHEN YOU LODGE IN A COMPLAINT YOU WILL BE TOLD TO BE CAREFULL WITH YOUR PASSWORD.
WHAT NONSENSE, I AM THE SOLE USER OF MY EMAIL, PASSWORD AND LAPTOP
THESE THIEVES THEY WILL ONE DAY REAP WHAT THEY HAVE SOWN.
Thabsie - September 22, 2015
Thabsie - September 19, 2015
Thabsie - September 18, 2015
Thabsie - September 18, 2015
Babe - September 16, 2015
Keeve - September 3, 2015
Lukz - August 31, 2015
So here is how it works. You have to understand how it works.
So you get payed .015% every Hour
But it you try to get your initial deposit back they will charge you 5% This is basically so you do not pull out. Since they are using the money for trading.
so in 24hrs you are at a lose because of the 5% to release your active balance.
They Have a Compounding function you can enable and This is cool but it will Add to the 5% you pay them. I have not actually figured out if you end up losing more by compounding. But. Without Compounding. Say on One Bitcoin:
24 Hrs = -$3.19
2 Days = $5.01
3 Days = $13.22
4 Days = $21.43
5 Days = $29.63
6 days = $37.84
7 days = $46.04
This is @ BTC $226.93
I created a profitability spread sheet to see how long to how much with
I did do some compounding so I did get paid out a little less then I should have.
so I am feeling it may be better to just do it without compounding.
If you compound and it was not added to the active when releasing it then it would make more money.
But compounding you are taking a 5% Hit on the compounding profits when you are only making 3.6 a day. I did a withdraw and it went through fast.
If it is legit and they do not pickup and disappear then
looks like you can makes some money using it.
I did contact support with a question on the compounding
and they responded in 24 hrs. So not bad service.
So far so good with them.