Paybaz claims to be based in the United States and positions itself as a pioneering platform known worldwide. According to the website, more than 3,600 investors have invested in the project, whose advanced technology allegedly provides up to 10% of the global hash rate in cloud-based crypto trading. However, there are no reports, certificates, and other documents confirming the firm’s success and legitimacy.
Is it safe for you to cooperate with Paybaz? How favorable are the investment conditions on this platform? You will find out from our review of the company.
Investment Conditions
The investment firm offers potential clients guaranteed profits from trading and mining cryptocurrencies. Moreover, you do not need to do it yourself. It is enough to invest in Paybaz on the following conditions:
- Choice of packages from 12 options.
- Minimum contract price in the range of $100 – $30,000.
- Daily profit of 5% per day.
- Contract validity period from 1 to 60 days.
You can earn passive income up to 10% in the referral program. However, Paybaz states that it does not guarantee any investment results and is not liable for client losses.
Investment services include financial advice and portfolio management. Tech support is available via online chat.
FAQ
Would investing in Paybaz offer the best returns?
You can't be sure of receiving income and the probability of losing all your investments is almost 100%. This is a risky HYIP, the owners of which warn clients in advance about the possible closure of the project on any day.
Does Paybaz carry out withdrawals?
We analyzed the website and customer reviews of the company and saw that investors mainly complain about problems with withdrawing invested funds. If you have experience with this project, you can share it in the comments.
May I be scammed on paybaz.com?
The risk of fraud is high due to the opacity of the platform's activities and unrealistic promises of profits to clients. In addition, there is no documentary evidence of the firm's registration in the USA and regulation of its financial activities.
What's the best way to share my experience with Paybaz?
Fill out the form and we'll make sure your voice is heard.
How can I tell if this is a fraudulent company?
Do your own research and never believe those who promise you easy money.
I transferred 500 USD as ETH on 21.12.2024.
So far, so good, the money arrived, and I was able to make my first investments.
I calculated everything, and the profit works best with the "Free Cloud Trading" package.
100 USD is supposed to generate 5 USD profit per day.
I have since been buying packages every day, and my balance is steadily increasing.
On 26.12.2024, I made my first withdrawal of 100 USD.
It took a little while, but the money arrived safely in my wallet.
So far, everything is fine.
However, I remain skeptical, as it seems (almost) too good to be true.
I will make the next withdrawal once I have 800 USD in my balance and will update my comment here.
Once I have withdrawn my initial 500 USD and received the first real profits safely in my wallet, I will post a final conclusion.
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Update 19.01.2025
As I mentioned, here is my preliminary update:
On January 8, 2025, I withdrew 100 USD again. Everything went smoothly, and the money arrived safely in my wallet. It took about 2 hours for the withdrawal to be processed.
Today, January 19, 2025, I made the third withdrawal. This time it took a little longer than before, but this transfer also arrived safely.
So far, I have received 300 USD back from my initial 500 USD deposit. Meanwhile, my balance on Paybaz has grown from 500 USD to 1000 USD, and this now generates 50 USD per day for me.
I will update again once I have received my full deposit and my first profits.
So far, I am very satisfied with the service.
___________
Update 30.01.2025
From here on, things get unpleasant.
On 24.01.2025 at 19:34, I requested another withdrawal of 130 USD.
As usual, I received a confirmation email stating that the withdrawal had been requested and was under review.
However, it wasn't until 26.01.2025 at 18:32 that I received an email confirming the withdrawal had been approved.
I am still waiting for the funds to be transferred to my wallet.
I contacted support via chat on 25.01.2025 but never received any kind of response.
As a result, on 27.01.2025, I opened a ticket to find out why the payment had not yet arrived in my wallet and why the processing suddenly took so long. Additionally, I wanted to know which wallet address the withdrawal was sent to (to make sure I had provided the correct recipient address).
Since I received no response to that either, I decided to test something: I accessed the chat from a different PC with a different IP address as a guest (not logged into my account) and asked how long deposits and withdrawals typically take.
And surprise! Within three minutes, I got a response stating: "Deposits and withdrawals take a maximum of 6 hours."
On 28.01.2025, I followed up on my ticket, asking for clarification.
Of course, I received no response once again.
Finally, on 29.01.2025, I requested another withdrawal of 120 USD.
(This time, I triple-checked the wallet address, so I can rule out any mistake on my part.)
However, I didn’t even receive a confirmation email acknowledging my withdrawal request.
As of now, it is still pending.
At this point, I assume I will never hear anything back and that my money is gone.
Therefore, I strongly advise everyone against using Paybaz or investing any money.
If, against all odds, I do receive my withdrawal, I will update my review accordingly.