Is Haobtc legit?

[twister]

I stumbled upon their thread here: [ANN] HaoBTC, mining dividend paid out hourly whilst searching for something else and it got me curious and I understand that they seem to be paying some interest on keeping your bitcoins there. And so my question is, is this really legit??

Other threads of them:
HaoBTC launches fixed term deposit account

Anyone invested in it and getting any returns? (Please no newbie vouches.)

[holydarkness]

Haven't tried it before so IDK for sure, but given that one year almost passed since the thread was started (april 13th 2015) and the admin seems still have no negative trust, maybe they're legit enough. It's a matter of mere assumption, of course. But, I read this thread once before and remember about it when I read your post, maybe it can help give you some perspective, the first two pages are mentioning haobtc several times. https://bitcointalk.org/index.php?topic=1379780.0

And I agree with what people said on that thread, I think it's mostly ponzi based and sooner or later they'll collapse.

[Velkro]

Only place safe for your bitcoins is your wallet. No some random "we will make you millionaire, just give us your bitcoins" site.
You must be smarter than that, invest in trezor, some hardware wallet and don't invest your bitcoins, they are investement in itself.

[unamis76]

HaoBTC appears to be legit. They are backed by a mining farm that's pretty well documented here and that's how they pay interest. That being said, I never tried their service and I advise against storing coins you can't afford to lose (or any coins, really) in an online wallet.

[knowhow]

Well i were going to invest on them but i dont like to trust again at such companies,i lost money at genesis and almost lost at zencloud,as well cex.io,i were able to roi my investment because i bought and sold my hash the genesis were the only one that made me waste my time.I liked the concept and they say they invest the funds into more hardware running a 21ph hash miner,and growing,i would like that investement to be complete safe ,backed by China government.

[jabaguru]

They look legit, but as every clound mining it won't be profitable for investors. Profit goes down each new day.

[lottery248]

this kind of wallet for me seems to be legit as well.
i had met the main operators of that site in the scaling bitcoin 2015 (AFAIK), so assume that they are one of the notable site in china.

[RealPhotoshoper]

HaoBTC appears to be legit. They are backed by a mining farm that's pretty well documented here and that's how they pay interest. That being said, I never tried their service and I advise against storing coins you can't afford to lose (or any coins, really) in an online wallet.

They are claimed as the only legit bitcoin saving site and so far they never get any problem or complaints.
Also according to the documentary which you have mentioned above , they are a big company which looks like will never hurt their reputation to do bad thing / scam. However never put 100% a faith or trust on something online.

[alwinlinzee]

Nobody have a verifiable payment proof from this website but people only speak well of them, it seems they came when people are already tired with cloudmining scams.

[crazyivan]

They seem legit but it does not mean something cannot go wrong and they shut down and run. Keep your coins in a cold storage.

[Washika]

They look legit, but as every clound mining it won't be profitable for investors. Profit goes down each new day.

HaoBTC is not a cloud mining site. It is a wallet service site at the moment. If you save money with them, they give you interest.

[West man]

But they were asking for 10 BTC that is alot to put trust into a site, even if they have been around for a year.
I can see they offer smaller amounts of interest for less amounts but what is the point if you get 2 cents worth of bitcoin every 30 days?
Have their interest rates or amount of bitcoin to invest to see a substantial amount instead of pennies have changed in a years time?

[twister]

Only place safe for your bitcoins is your wallet. No some random "we will make you millionaire, just give us your bitcoins" site.
You must be smarter than that, invest in trezor, some hardware wallet and don't invest your bitcoins, they are investement in itself.

They seem legit but it does not mean something cannot go wrong and they shut down and run. Keep your coins in a cold storage.

Don't worry, I am smarter than that, I can never get myself to trust any of these kind of services, no matter how trustworthy they seem, I just wanted to see what was others perspective on it.

And it looks like a lot many think its safe, or maybe they're so keen to earn something from their bitcoins that they want to believe it is.

[Getcoinsite]

But they were asking for 10 BTC that is alot to put trust into a site, even if they have been around for a year.
I can see they offer smaller amounts of interest for less amounts but what is the point if you get 2 cents worth of bitcoin every 30 days?
Have their interest rates or amount of bitcoin to invest to see a substantial amount instead of pennies have changed in a years time?

HaoBTC has been around for several years. It is becoming a wallet service company. That is its intention.

[CAMOPEJB]

hey if it pays out hourly who can complain i mean its not like they can mass enough money per hour to steal right? can they?

[BitMaxz]

Im not sure but i think this is legit wallet.. if you are not satisfied to our answer better to use known wallets like blockchain info coinbase or electrum..
Honestly all online wallet is not trusted but the only trusted that you can use is bitcoin core..

[Superhitech]

Im not sure but i think this is legit wallet.. if you are not satisfied to our answer better to use known wallets like blockchain info coinbase or electrum..
Honestly all online wallet is not trusted but the only trusted that you can use is bitcoin core..

Yes, but online wallets are more convenient and easier to use than bitcoin core. Generally, wallets will not steal your coins as they have more to gain by staying than by running with your money. Haobtc looks fine, but time will tell.

[Bamselk]

Im not sure but i think this is legit wallet.. if you are not satisfied to our answer better to use known wallets like blockchain info coinbase or electrum..
Honestly all online wallet is not trusted but the only trusted that you can use is bitcoin core..

Yes, but online wallets are more convenient and easier to use than bitcoin core. Generally, wallets will not steal your coins as they have more to gain by staying than by running with your money. Haobtc looks fine, but time will tell.

HaoBTC is not a online wallet to do online transactions. It is more like an online saver. That is not a current account.

[wlefever]

It is legit as far as the eye can see, and it is kind of a shame they try to offer a service that rewards its users and get questioned about legitimacy.  They don't offer 50% returns or claim to "double your investment!".  They have a 42PH + farm with one of the lowest power cost in the world due to its location and offer a web wallet first, that also pays a small interest rate.  If you trust them enough they offer a fixed finance rate starting at 12% that compounds the longer you leave your coins there (This rate is changing to start at 6% in May 2016).  They can afford to offer this because they use the monthly locked in coins to expand their farm thus increasing there mining capacity and income.  I have never once heard of someone having an issue withdrawing coins.  

[Koamder]

I have bitcoin save in the finance wallet. It is giving me some interest. But the interest will reduce next month.