Review: Legit Or Scam? [The Truth]

You probably must have come across the platform on social media. But is Bitecos org legit? How true are these earnings their supposed investors flaunt across all social handles? Well the withdrawal screenshots to some extent are very real. However, does that make legit? These and many more endearing questions about Bitecos we shall be answering in this review article. 

There are lots of arising questions about this platform which we shall address in this article some include; is legit? When was launched? What is the minimum withdrawal amount on Will crash? What is the minimum investment amount on And so much more!

Note: We are not under any sponsorship/partnership deal from to write this review article. We simply carried out our research and penned down our findings. We do encourage you to carry out your own personal research where necessary.

We urge you to make use of the table of contents below to help you navigate through this article with relative ease. If you have any questions or contributions regarding the platform feel free to ask them in the comments section below. Without wasting more time, let’s begin!

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What Is is an investment platform that claims to be in the rearing of livestock and production of packaged food. As seen earlier, they are centred primarily around Investment in which they claim to pay out their Investors on a daily basis. was launched around September 2023. The domain name “” was registered on the 27th of September 2023 according to statistics from Whois domain checker. However, the name of the registrar was concealed.

Moreso, the products users will be investing in are not clearly explained. They are just represented by numbers and letters (a quite suspicious investment scheme).

Before we dispense our final Verdict about Bitecos, let’s quickly see how this platform works in order to understand how their investors or users are paid.

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How Does Work?

The four step process explains clearly how the investment website works:

📍 Registration Process; Users sign up and create a new account. This is free of charge.

📍 Investment: Here the user buys into any of the available  investment plans on Bitecos. The least expensive plan costs N3800 while the most expensive costs N276,000.

📍 Withdrawal Stage: At this stage the user can request for withdrawals provided he/she has met the minimum withdrawal amount of N1000.

As you can see, the entire working process of Bitecos is as simple and direct as possible. But, is legit or just another undercover scam? Well, let’s find out.

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Is Legit Or A Scam?

All protocols duly observed, we have come to a conclusion that is not a legitimate investment website. As much as many might oppose this review exhibits all characteristics of all Ponzi schemes.

Below are some reason why we consider to be a Ponzi scheme;

❌ Information about the owners of this platform ( were not disclosed on the internet not known (identity concealed on Whois Domain checker).

❌ Non realistic investment products.

❌ It is centred majorly on referral based marketing, which makes it pass for a Ponzi scheme.

❌ Similar site was created in the past and crashed.

❌ No physical office/branch.

These are some of the major red flags we at Bhustle noticed about this platform. However, being that is still somewhat new, we predict it might last for some time before going into utter nothingness. 

Therefore, if you still make up your mind to join the train ( ensure to do so with income you are ready and willing to lose at any given point in time.

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How To Register On Bitecos

👉 CLICK HERE to proceed to the registration page.

👉 Fill up the sign up form with your accurate information including your phone number and password.

👉 Complete your registration by clicking on “SIGN IN“.

👉 If you input the correct information, you will automatically be taken to your user dashboard which means you have successfully created your account.

Now that we have seen exactly how you can register/sign up on, the next stage is the actual investment stage. Follow the steps below to get started.

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How To Invest On

👉 Login to your Bitecos account.

👉 Scroll down your homepage to the section labelled “PRODUCT” below the dashboard.

👉  click the project you wish to purchase to proceed to the product details page. The minimum project costs N3800 while the most expensive costs N276,000

👉 To purchase an investment plan, click/select the plan of your choice. On the review page, click the RENTAL button below the screen. 

👉 Your purchase will be processed immediately.

👉 If you have insufficient balance, you’ll be redirected to make a deposit on your account.

Congratulations 👏, you have made your first investment on platform. By default your earnings will be reflected on your dashboard after 24 hours of making your investment purchase.

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How To Deposit/Recharge Your Account

👉 Sign in to your Bitecos account.

👉 Select the menu option “MY” below the screen.

👉 Select the icon RECHARGE on the profile page below the balance section.

👉 Input the amount of money you want to deposit in the space provided and click on RECHARGE.

👉 The minimum Recharge amount is N3800. Amounts lesser than this will not be processed.

👉 Copy the account details provided in the payment form and make a one time deposit of the amount. Ensure you input your name as it appears on the bank app or financial application you used in making payments in the space provided.

👉 Confirm your payment by clicking on “I HAVE MADE THIS BANK TRANSFER

Congratulations 👏, you have successfully made your first deposit on “”. Your earnings will be reflected shortly after it has been validated by the Bitecos team (this takes less than 5 minutes).

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How To Make Money On Bitecos

As expected there are two major ways to earn money on Bitecos, these are mainly through the investment plans and through referrals.

The first and primary way to earn on Otto is by purchasing any of the available Investment plans on the platform. Users can earn as low as N8190 to as high as N759,000 depending on the Investment plan they purchased.

The second way to earn on is through the referral system. Below is an extract explaining how this works (source;

Invite 2 people at Lv1 to make deposits every week, and you can get a weekly salary of 1,200

Invite 5 people at Lv1 to make deposits every week, and you can get a weekly salary of 3000

Invite 9 people at Lv1 to make deposits every week, and you can get a weekly salary of 4000

Invite 18 people at Lv1 to make deposits every week, and you can get a weekly salary of 6000

Invite 28 people at Lv1 to make deposits every week,

and you can get a weekly salary of 12000


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How To Withdraw Earnings On

👉 Sign in to your account.

👉 Select the menu option MY below the screen.

👉 Click on the Withdraw button on the profile page.

👉 Input the amount of money you want to withdraw under the section marked WITHDRAWAL AMOUNT

👉 Finalise your withdrawals by clicking on “WITHDRAW” below the screen.

👉 The minimum withdrawal amount is N1000.

👉 A 6% withdrawal fee will be deducted in all withdrawals placed on this platform.

👉 If you have not previously added your bank account to bitecos, you will have to do this before processing with your withdrawal.

Your withdrawal will be processed immediately. Depending on when the withdrawal was placed, it will arrive less than 24 hours after placing your withdrawal request.

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How To Add Bank Details On

👉 Login to your Bitecos account.

👉 Click on the menu option titled “MY” below the screen.

👉 On the profile page select the option “BANK“.

👉 Fill up the form provided with your necessary details including your bank name, bank, account number and click on CONFIRM.

There you have it! You have successfully linked your bank account to, your withdrawals will be placed automatically on this account unless you prompt a change.

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📍A-J 3800: N3800 to earn N182 daily return on investment for 45 days.

📍A-J 9800: N9800 to earn N490 daily return on investment for 45 days.

📍 A-J 28,000: N28000 to earn N1456 daily return on investment for 45 days.

📍 A-K 62,000: N62,000 to earn N3286 daily return on investment for 50 days.

📍 A-K 138000: N138,000 to earn N7452 daily return on investment for 50 days.

📍 A-K 276000: N276000 to earn N15,180 daily return on investment for 50 days.

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Final Verdict

Finally we urge interested people to only register on with money they are willing to lose. Always remember that as long as the missing items dictated in this article about Bitecos are not stipulated, it remains a ponzi scheme. Do ensure to thread wisely!

Also we have reviewed a lot of legitimate websites where you can earn money by working legitimately on the internet. CLICK HERE to access them for free.

Do ensure to join our community of over 1400+ subscribers on YouTube where we share the latest ways to earn money online. CLICK HERE to subscribe for free.

Kindly leave your questions, contributions or confusions in the comments box below, peace.


About Stefan C.

Focused On bringing you the best educational and finance related topics that will impact your life and the lives of millions.
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