Updated: 04/09/2012 19:15
Hyip Monitor
Hyipbit has issued the weekly news update. The main purpose of the update is to cover the weekly and particularly this time monthly progress of the...

Hyipbit has issued the weekly news update. The main purpose of the update is to cover the weekly and particularly this time monthly progress of the project. As reported in the update within a month of working online Hyipbit has gained around 2700 deposit, taking into account the majority of funds are being reinvested my the majority of active investors. As for the statistical information and the percentage of money invested from various e-currencies, Liberty Reserve is winning the race with 66% of the entire deposits, bank transfer is on the second place with 20% accordingly, ending the list with Bitcoin and Perfect Money.

Frankly speaking it's very much likely that Hyipbit is dealing with promoting this new payment system Bitcoin in an extremely active way, including free coin distribution. Strange to be sincere for an ordinary HYIP, anyway, the site seems to be improving itself as well, which is extremely good to hear. Some improvements have already been announced, and first of all Hyipbit is planning to increase the referral bonus for active promoters to 10%, thus giving some more incentive to partnership activity, which is rather natural for the HYIP project. The bonus increase takes affect immediately after you have more than 10 active referrals.

One more update or better to say improvement concerns the partnership activity as well, i.e. applying the regional representative system. The ones selected will be given the bonus of up to 15% depending on your activity as the regional representative. There is also another update concerning the automatic reinvestment option. From now on investors have an option to upgrade the account automatically by adding a new deposit, and having all current spends combined into one and moved to the next level. Thus all interests for the new deposit will be increased 0.5% and investment will be renewed. These are the monthly updates from Hyipbit.

About the author

Charles Morris works as the Chief Editor of HYIPNews for 5 years. Before 2010 has been working as a freelance copywriter writing for online newspapers, blogs, magazines and online portals in the sphere of investment. Since 2010 has been accepted to the team of HYIPNews as a copywriter. Used to write exclusive materials for HYIPNews. Have shown great skills in managing day-to-day publications and since April 2011 has been appointed for the position of HYIPNews Chief Editor. Among the current duties the main ones is to oversee all of the authors' publication and ensure that each issue is released on time and in a professional manner. Apart from the position of Chief Editor, Charles Morris also takes the post of the Support Manager of HYIPNews.
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