Review: Legit Or Scam? [The Truth]

The investment platform has been trending on social media for quite some time now. In this review, Bhustle will be revealing the legitimacy status of bybitgold, answering the most endearing question; Is legit or scam?

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 claims to be an online crypto investment space where users can reportedly buy investments in the gold market. If you are quite conversant with cryptocurrencies and the stock exchange market, you know quite well that gold and other mineral stocks fairly equate to real estate in the online world. And here, bybitgold offers their users to invest in gold with as low as N1500.

According to data from Whois domain checker, the domain name “” was registered on the 11th of October 2023. Considering when we are currently writing this review, it’s still barely a week old. Below is an extract of the company’s information extracted from their official page;

“BYBITGOLD is a next-generation investment platform that leverages blockchain technology to provide users with a seamless and transparent investment experience. Unlike traditional gold investment options, BYBITGOLD eliminates the need for intermediaries, such as banks or brokers, by directly connecting investors with gold suppliers. This not only cuts down on costs but also ensures that investors have full control over their investment.”

Before we raise the judgement bars on bybitgold, let’s is quickly see how this platform works in other to understand how their investors or users are paid.

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How Does Work?

The entire working process of is as follows:

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

📍 Deposit/Recharging stage: At this stage, the user funds his or her account to enable them buy a gold investment plan on bybitgold.

📍 Investment: Here the user buys into any of the available crypto (gold) investment plans on bybitgold. The least crypto (gold) plan costs N1500 (earning N300 daily)  while the most expensive costs N384,000 (earnings N79,200 daily).

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

As you can see, the entire working process of bybitgold 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?

From our findings and investigations, Bhustle does not consider to be a legitimate gold investment website. exhibits all characteristics of all Ponzi schemes as compared to the gold broker they claim to be. 

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.

❌ is not a certified crypto trading application.

❌ High return on investment within a very short period of time (20% return on investment within 24 hours for the lowest plan).

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

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 Bybitgold

👉 CLICK HERE to proceed to the registration page.

👉 On the login form click on Sign Up.

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

👉 Complete your registration by clicking on “Sign Up”.

👉 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

👉 Sign in to your bybitgold account.

👉 On your home page, click on the INVEST button at the bottom of the screen.

👉 Go through the available Investment plans on bybitgold. The least expensive plan costs N1500 while the most expensive plan costs N384,000.

👉 To purchase an investment plan, click on INVEST NOW.

👉 Confirm your investment purchase by clicking on YES on the pop up bar.

👉 Your purchase will be processed immediately.

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 Recharge Your Bybitgold Account

👉 Sign in to your bybitgold account.

👉 On your dashboard click on the DEPOSIT button at the top left side of the screen.

👉 Input/select the amount of money you want to deposit in the space provided and click on CREATE DEPOSIT.

👉 Under Payment Gateway, Select “Bank Transfer“.

👉 Copy the account details provided in the payment form and make a one time deposit of the amount. Ensure you take a screenshot of the receipt/successful payment you’ll need to upload it on the payment form in the upload area.

👉 Finalise your deposit by clicking on “Create Deposit”.

Congratulations 👏, you have successfully made your first deposit on “”. Your earnings will be reflected shortly after it has been validated by the bybitgold team.

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How To Withdraw Earnings On

👉 Sign in to your account.

👉 Click on the Withdraw button at top of the screen.

👉 Input the amount of money you want to withdraw in the section marked *Enter Amount”. Finally click on CREATE WITHDRAW.

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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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 bybitgold 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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