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News Commentary #528 – OxBit First Thoughts

First Thoughts on OxBit.

OxBit just began a “Silver” listing on the EmilyNews monitor.  They just came online and are one of the growing number of programs that are choosing to list with us the minute they begin operations.  We are grateful for this level of faith in us and will continue to do our best to operate EmilyNews in a manner that we feel is fair to the programs that list with us as well as informative to our ever increasing number of followers.

OxBit claims to be an investment company that primarily deals with forex and cryptocurrency trading.  The website has this to say about their operations:

OxBit Traders Limited performs successful trading of forex and the main cryptocurrency – Bitcoin in especially large volumes. We have sufficient financial resources for the operational conclusion of any deal directed to purchase of the foreign exchange & cryptocurrency volumes, which is an advantage for us. And our main feature and our advantage exactly consists in next – we form course trends and we exert a certain impact on the forex & Bitcoin turnover.

Our team consists of experts from fields like finance, technology and management which has empowered the cause of taking this future technology of minting money to the next level. Our trading experts use latest software and are able to predict the movements in Forex & Bitcoin markets with high accuracy.

OxBit offers three plans for the online investor.  All of them pay interest on a daily basis and return your investment as part of your earnings.  The lowest interest plan pays 4% per day and is 40 days long.  The other two plans are both 20 days long, one paying 7% per day and the other paying 9%.  The minimum investments are reasonable with the 9% plan, of course, having the highest requirement, this being $2,000.  The investment plans are very easy to understand; there are no bells and whistles to decode in order to figure out how they work.  There is also a very helpful calculator on the website that clearly indicates your gross return as well as your profit for any investment that you care to make.  A quick look at the numbers tells me that the returns from this program are attractive, but not to a degree that will put the survivability of the overall program at serious risk.  We will have more to say about the OxBit investment plans when we review the program in the next day or two.  Please stand by…

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