Highlights
Pros&Cons
Pros
- This is part of a fraudulent network, and they have no advantages
Cons
- Websites' main purpose is to collect your data and sell it to third-party partners
- Reviews of Bitcoin UP on Trustpilot are mostly negative and repeat the same story of lost money
- There is no real trading taking place
- The company is not registered under the name Bitcoin UP
Key takeways
- Using a variety of websites, logos and platforms is a way to avoid bad reviews.
- By registering, you agree to the sale or transfer of your data to third parties as indicated on the website.
- There is a registered address, but no company is registered under the name Bitcoin UP.
Overview
Table of Contents
How to use Bitcoin UP – Full Review
Crypto markets are currently in the bear phase. Funny enough, it has little to do with cryptocurrencies and blockchain development. This crypto-winter is more a result of the massive adoption of bitcoin by financial institutions and big corporations adding bitcoin and Ethereum to their balance sheets.
Bitcoin is starting to be a stock market indicator, and since the economy is going through a threat of recession, bitcoin took the plunge, taking all the other crypto down with it. Still, this is just temporary and didn’t affect the popular image of bitcoin.
And the most prominent image of bitcoin is this exciting trading and chance to win big somehow. Cryptocurrency is still largely unknown, and it’s seen as a magic bullet to reach the golden idea of passive income.
We see the first red flags with the URL. It should read BitcoinUp.app or .io or something, but instead, it’s a very cryptic amazingoffertoday.com – a well-known domain for frauds, followed by lots of code.
Slightly different URL now, bitcoin-up.io, slightly different layout, totally different logo, and the same registration form.
This one is a more recent layout obviously, but you notice the consistency of colors, layout and note the FOMO red tape just under the address, it’s typical for this kind of fraud.
Bitcoin Up is a cloned website, made by the same criminal team behind a series of scam crypto bots such as:
What’s wrong with all the different addresses and layouts? Why is that a red flag? First of all, because that’s the way to avoid bad reviews. Instead of big fat Trustpilot negative reviews, you have a diluted count of negative reviews, plus the scammers can delete and re-activate both websites and Trustpilot, giving them a clean slate of sorts.
Trustpilot h>Trustpilot has spoken about Bitcoin Up
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