Highlights
Pros&Cons
Pros
- No positive aspects, it‘s a multi-faceted scam
Cons
- Multiple websites and domain names, as well as inconsistent logos are red flags
- Conflicting information about fees and an initial deposit requirement of $250
- Tthe requirement for a phone number in the sign-up form, so that scammers can call and harass users
Key takeways
- The registration form asks for users‘ phone number, which is a standard practice for fraudsters to initiate their social hacking practices.
- Saturation of the website with cryptographic jargon to the exclusion of information about their own product.
- Fraudulent websites demand always the same amount of money for some reason - a $250 deposit.
Overview
Table of Contents
How to use Bitcoin Revolution – full review
Crypto trading is great. It’s an exciting, volatile environment. People who seek to challenge themselves, take risks and make great returns love it. Then there are the crypto mining farms and traders who use bots. Nothing wrong with that either.
After all, why shouldn’t you take all the advantages you can get? We’re talking about money here and people have become millionaires or lost it all over crypto. Catching that perfect moment of a bear run and then again later in the bull run is the dream.
Trading bots promise to provide better-than-human reactions to market shifts, eliminate human elements such as fear or greed and take a cold, mathematical approach. Great.
When the bot and the platform are legitimate you only stand to gain from this advantage. Even expert traders are using bots nowadays to either passively manage an asset or even have them trade while they sleep or do something else.
Then there are scams. Bots and platforms that promise unbelievable returns that are too good to be true only to scam people out of their money or coins from their wallets. Here’s an honest and detailed investigation of one suspicious project.
The Websites of Bitcoin Revolution
It’s almost ridiculous how wide these suspicious projects are casting their net lately. One very important clue to look for is a project having multiple websites, often with rare and unfamiliar domain names.
This one really takes the cake with 6 websites scattered across various domains.
It will be hard to navigate this jungle of information and clues but we’ll try. First of all, there are some legitimate sounding domains such as .com and .org, but then there are .cloud and .software. Next, we are bombarded with words such as “official”, “updated”, and the “™”. Look up any of the bigger crypto exchanges and you will not find this.
Think about it. It makes sense to drive all the traffic to one single website to make it stand out and reach that #1 search result.
Next, consider the metadata, the descriptions of websites, and what they say. Some call it an app, others call it a platform, one calls it a web-based software, and another one calls it a program.
So what exactly is Bitcoin Revolution anyway?
Wading through the websites immediately reveals more suspicious elements. First, the logo – the first thing most people notice.
There seems to be a little more consistency in this regard. There are about 3 logo solutions. Two of the websites are practically the same, whereas the others are all different.
Sign-up form of Bitcoin Revolution
The next clue follows immediately. The Sign-up form. For the purposes of brevity, not all websites will be shown but the elements are exactly the same as the one below.
There are two things to note here.
First, the sign-up form is requesting our phone number. This is highly suspicious and is by no means standard practice. There is no reason a phone number should be a required field in a crypto trading platform, but scams mostly rely on phone numbers to initiate their social hacking practices. Just like these ones, we’ve reviewed before:
Second, the chart to the left is a surprising addition to shady projects like these. They are always on the lookout to find a way to attach themselves to something legitimate in order to improve their own appearance. This one seems to have found a way, but it is only the case in one of the 6 websites. All the others use generic stock images.
Suspicious elements
Next, there is a number of suspicious elements scattered through individual websites. The websites, for the most part, do not share these elements so people responsible for this project have by no means put all their eggs in one basket.
One of the websites makes use of namedropping, but note the wording. The title of the section and the symbols next to these famous names would lead one to believe that these people are associated with this project. Many people will read the title and the bolded names and be satisfied, but never notice the text of sections themselves.
Why would any legitimate platform include unfounded rumors in a section that suggests something else? This is clearly meant to manipulate people and have them not read “the small print”.
Another element is saturating a website with crypto lingo. Entire pages of text about Bitcoin and its history – but think about it. This isn’t the webpage of the Bitcoin project. There are other coins, popular coins, out there. Some people prefer to invest in coins that are just taking off, others dabble in “meme-coins”. So it’s a little suspicious that a project would devote all the space on its website to talk about only one cryptocurrency to the exclusion of everything else – even their own product.
What about the fees of Bitcoin Revolution?
We arrive at some opposing claims.
So which is it? Is there no fee at all or is there a 2% fee?
First of all, 2% is a little high. Second, most other platforms charge a fee to both the buyer and the seller. This fee may vary depending on what is happening on the market but usually stays around 0.5% for buyer and seller each.
Initial deposit of $250
The next confusing thing is the deposit. Almost all of them ask for 250$ deposit, for whatever reason, except one.
It isn’t exactly clear why the scam websites ask for the exact same amount of money always, but this one tried to pass off one site as more legitimate, as platforms are not known to ask for any fixed amount of deposit.
At this point anyone might start thinking “wait, maybe one of these websites is legitimate and there are scam copycats trying to latch on.”
A reasonable thought if it weren’t for the fact that every one of these contains suspicious elements. All of them throw a ton of text that mostly informs you about anything other than their project itself. Then there is the phone number on sign-up, a commonality in all 6 cases and a well-known feature of scam sites, made by the same criminal team behind a series of scam crypto bots such as:
Trustpilot review of Bitcoin Revolution
We’ve waded this confusing jungle long enough, it’s time to refer to an outside source to compile some reviews and information for us. Trustpilot lists a few of these websites – as well as some that didn’t show up on the first page of a Google search, making this operation even more expansive. Just more of the same thing. Completely different logo, a ton of text and the
There are about twice as many of these that haven’t been rated or engaged with and nothing useful is to be found on their Trustpilot pages. The ones from above are riddled with bad reviews and people warning others that this is a scam. Take this one review that has been verified by Trustpilot.
This review validates all our concerns from the above and these websites’ pages are full of these. Naturally, Trustpilot has reacted, but so have the FCA, at least in 2 cases.
It is only to be expected, as these reviews, as well as mentions on other websites, range within the last few weeks. The system can only work so fast to catch these, which is why they make use of multiple websites. Here’s another tactic meant to obfuscate and buy time.
Half of the pages have a contact form listed at all, and the ones that do – differ. Naturally, trying to look up anything at these locations reveals nothing. Google doesn’t reveal any such company listed at these addresses nor could they be found there otherwise. This is the same fake strategy as applied by a number of other scam crypto bots we have been warning about:
Domains of Bitcoin Revolution
Having exhausted all means to arrive at the conclusion about who exactly is behind this, we return to the beginning – the domains. Someone went through the trouble to open 8 or more websites, so perhaps there is a trace left somewhere.
Unfortunately (for us), they’ve opted to go through Cloudflare, notorious for its practices of hiding information about people using its services. Its practice of hiding this information makes it the prime choice for scammers and generally people up to no good on the internet.
However, here too the scammers have been inconsistent.
We can’t arrive at much information through this but we can see that the servers are in India and it seems they’ve used Verisign which does have an office in India.
Google Play Store
One final angle we will explore is the Google Play store. You may remember that one of the websites mentioned an app in its description. So here it is, or rather, they are.
Again we see that they’ve attempted to use multiple angles. In this case, the better-looking play store page belongs to an as-of-yet undiscovered website in terms of its logo and color scheme. In any case, both pages contain no useful information and they’ve been downloaded very few times which is not strange for this scam as it does not rely on an app at all, save to provide itself some semblance of legitimacy.
FAQ on Bitcoin Revolution
It’s a multi-pronged scam trying to rob people of 250$ of deposit money, if not more through phonecalls.
Yes, according to all the clues we’ve gathered and compared and verified reviews on reliable websites. It seems that regulatory bodies have caught a scent of this one so hopefully it won’t be running for long.
This one is not the way to make any money. If you invest any money in this one you are almost guaranteed to lose it.
No, it’s a scam all the evidence from above clearly implies.
Reviews
I invested a significant amount of money, but when it was time to withdraw my profits, I encountered all sorts of obstacles. The customer support team wasn’t helpful at all, and I never saw a single penny of my investment again. Avoid this scam at all costs!
Was optimistic about Bitcoin Revolution at first, but it quickly became apparent that it was totally scammy. The platform promised to use advanced algorithms to trade – just lies. In reality, is just a front for a fraudulent scheme that steals people’s money. I was a victim of this scam, and urge everyone to avoid it.
Bitcoin Revolution claims to use superior technology to analyze the cryptocurrency market and make profitable trades on behalf of its users. LOL! It’s not working right at all, not following the trading parameters and goes about with wrong signals. You can’t make money with this.
This may sound like a great way to earn passive income, but it’s nothing more than a pyramid scheme. The only way to make money is by referring others to the platform, and even then, the returns are minimal. The people behind Bitcoin Revolution are just trying to enrich themselves at the expense of others, and they’ll stop at nothing to make a quick buck.
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