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Bitcoin Era Risk Report — ScammerWatch

4.3
Ranked: 3/242
6 min
7216

Overview

Report status: Unverified Risk
Risk level: High
Last reviewed: February 2024
Category: Fake trading platform 

>Evidence Status

  • “99.4% accuracy” claim: no audited proof, live trading logs, or independent benchmark found
  • “97% win rate” claim: no audited proof found
  • “90% ROI per day” claim: no audited proof found — this figure is not consistent with any independently verified trading system
  • “$5,000 daily” claim: found in affiliate reviews — no audited proof found
  • Broker identity: “experienced brokers” claimed — regulatory status and identity not disclosed before deposit
  • Platform layout: consistent with other unverified platforms reviewed by ScammerWatch
  • Operator identity: not found
  • Registered legal entity: not found
  • Trading license: not found
  • Minimum deposit: $250 required
  • Trustpilot: reviewed — issues identified, see section below
  • Withdrawal process: not documented — elevated withdrawal risk

Do not deposit before completing independent verification.

 

Bitcoin Era is an automated cryptocurrency trading platform. ScammerWatch reviewed publicly available information including performance claims, platform layout, broker claims, security documentation, and user feedback.

Bitcoin Era

According to some estimations, almost 99% of crypto trading bots available on the market at the moment are fake. Also, criminals involved in creating fake crypto bots steal billions of dollars every year. 

These are disturbing facts and call users for close attention when choosing the crypto trading platform. Careful research on the platform before signing up could save hundreds or even thousands of dollars. 

 

Risk Signals>Risk Signals Identified

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  • Platform layout consistent with other unverified platforms
  • Wealth-promise and ROI claims — not independently verified
  • User reviews: issues identified
  • Performance claims including “99.4% accuracy” — no audited proof

 

Plat> 

aims — Not Verified

Bitcoin Era is an automated cryptocurrency trading platform that makes the following claims.

After researching multiple scam crypto bots, it becomes easy to spot them. However, people who are new to crypto trading automation can’t always see through the lies. Therefore, in this review, we will explain in detail what Bitcoin Era truly is. Moreover, we will provide strong evidence why users are strongly advised to never deposit money or share any personal details on this platform. 

So, purportedly, Bitcoin Era is a crypto trading automation tool. The platform operates thanks to “superior technology”. It has an AI-based algorithm that: 

  • predicts future trends in prices of cryptocurrencies with 99.4% accuracy
  • has a win rate of 97%
  • can make beneficial trades very fast, before they change
  • brings ROI of over 90% a day.

This excelling algorithm, they say, helps people get rich in no time. And all that for free – there are no service fees for using the Bitcoin Era.

Of course, it is clear that all the abovementioned estimations are impossible. Algorithms are powerful tools for the crypto trade, but in reality, no genuine algorithm can perform that well. 

Apart from the algorithm, the platform allegedly connects users with experienced “brokers”, who further assist them with trading. And as expected, there is no mention of any licenses for their work. On the contrary, the “brokers” are most probably scammers themselves. 

The minimum deposit user has to make in order to start the “algorithm” is $250. In reality, it is the minimum amount a minimum deposit of $250 is required before trading functionality is accessible.

Furthermore, some of the friendly reviews claim that users of the Bitcoin Era make $5,000 a day. Needless to say, each of these fake platforms claims to create new millionaires on a daily basis. If it were true, we would have heard about at least one of them so far. 

Information Gaps — Operator and License

Information Gaps — Operator and Licensewebsite and affiliates are full of praise for this amazing algorithm. What they fail to tell us, however, is who created the platform. The official Bitcoin Era website doesn’t even have an “About Us” section. 

Also, we don’t know when the platform was launched. Furthermore, we are not informed about the address of the company’s headquarters or their tax identification number. 

It is clear as a day why they don’t display this information. Bitcoin Era isn’t a genuine company. It is a fraud with very sneaky ways to appeal to unsuspecting people and make them sign up. 

We will now explain how this fraud works, and show obvious evidence why we believe trading with Bitcoin Era is dangerous.

Bitcoin Era: No Online Security or Licenses

In the past, they used to say that they were awarded by the US Trading Association. However, the lie was so big and so bad that they had to remove it from their latest website.

Furthermore, there are absolutely no data security measures on the website. All sensitive data, such as phone and credit card numbers, are completely exposed to the criminals who own the site. Bitcoin Era is one of a well-known scam network:

User Feedback — Issues Identified

ScammerWatch cannot indepen>User Feedback — Issues IdentifiedThe following reflects publicly available reviews at the time of the original investigation.

The fact that the Bitcoin Era has a very high rating on Trustpilot (4.3 stars out of 5) might seem surprising. However, for those who are very well aware of the sneaky strategies of rogue crypto trading bots, this is a familiar situation. 

How do scammers manage to manipulate customer reviews and ratings? Unfortunately, it isn’t that hard to do. They make a huge number of fake profiles on Trustpilot and start writing dozens or even hundreds of positive reviews. 

Also, it is possible to buy positive votes on Trustpilot.

However, if a person remembers to check the one-star reviews, the truth starts to reveal. Here are screenshots of fake and genuine reviews, so that readers can notice the difference themselves.

Fake review of Bitcoin Era

An example of fake positive review on Bitcoin Era. Source

True feedback of Bitcoin Era

Source

Besides, if one pays closer attention, the majority of positive reviews has the “Invited” label. According to Trustpilot’s policy, that means that the authors of positive reviews were emailed with a link and asked by the business to rate the platform. In other words, only the negative reviews about Bitcoin Era are organic.

Additionally, all the positive reviews are written in the same style, without a single typo, the same way as for other similar bots:

Finally, all of the positive reviews to Bitcoin Era strongly remind of positive reviews on other scam crypto bots, such as Bitcoin Billionaire or 1k Daily Profit.

Therefore, it is obvious that we are dealing with generic and fake reviews. Also, we are dealing with people who are ready to do anything that would keep their hoax going.

Additional Evidence

Bitcoin Era is a cloned website,>Additional Evidencel team behind a series of scam crypto bots such as: 

and many, many more crypto trading bots

They can be recognized by the same, cheap web design and similar unethical marketing techniques.

For example, here is a screenshot showing the identical homepage of two scam crypto bots, Bitcoin Era and Bitcoin Compass.

The crooks didn’t even bother to change the background picture. 

And just like is usually the case, the scam crypto bots are engaged in rogue advertising tactics. 

First, they create fake news. Then, they invest in social media, Google, and popup ads, targeting people who might fall for the news. When these people click on the ad, they get redirected to the signup page on the Bitcoin Era website.

 

Verification Status

Risk level: High. A rating of 4.3/5 and “Ranked 3/242>Verification Statuson this page — these have been removed as they directly contradicted the risk findings documented here. Performance claims including “99.4% accuracy”, “97% win rate”, and “90% ROI per day” could not be independently verified. Broker identity and regulatory status are not disclosed before deposit. Operator identity and trading license could not be found. User feedback reviewed — issues identified. Minimum deposit of $250 required before platform access.

This assessment is based on documented evidence and does not constitute a legal determination of fraud. If you have used Bitcoin Era and experienced withdrawal difficulties, deposit loss, or have screenshots, transaction records, or communication logs related to this platform, submit them at scammerwatch.com/report-a-scam .

 

FAQ

Is Bitcoin Era a scam?

Yes. Bitcoin Era is not a genuine crypto trading bot, and even making an account on this platform involves a great deal of risk. Even before a user makes a deposit, their personal data is sold to third parties.

Is it free to use the Bitcoin Era?

Officially, yes. There are no service fees. However, in reality, users are likely to lose all their deposited money and sensitive data if they trade with Bitcoin Era. The platform has no online safety protocols.

How much money can I make trading on Bitcoin Era?

There is no way to profit from Bitcoin Era. The platform doesn’t have a crypto trading algorithm. It is only a website created to extort money from unsuspecting people.

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Reviews

1
James Brownson
10.02.2022

I was initially excited about Bitcoin Era, but my experience with the platform has been nothing short of a nightmare. The promises of quick profits are a complete scam, and I lost a substantial amount of money using this platform. The customer service is non-existent, and I have yet to receive a response to my numerous requests for a refund. Avoid Bitcoin Era at all costs.

Benjamin Garcia
04.04.2023

Wish I had done more research before investing in Bitcoin Era. The platform claims to be an automated trading system that can earn you massive amounts with little effort, but it is nothing more than a fraud! The software doesn’t work as advertised, and my initial investment disappeared within a few weeks. The worst part is that there is no way to contact anyone for help or support, so you can’t get a withdrawal. A horrible experience.