Bitcoin Evolution Review: Certainly a Scam
Bitcoin Evolution (Bitcoinevolution.com) review is out after most Crypto enthusiasts fell for the free sign up feature. And this is the main problem with online Crypto platforms as they are popping up everywhere. To stop the spread of such lousy platforms, we have to expose them for what they offer. The BitcoinEvolution is another example of why investors need to be extra careful with Crypto investments. After weeks of conducting an in-depth investigation, the truth is finally out regarding this platform.
Find out what to consider when testing AUTO trading robots
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Easy to apply and use
When you get started with reputable trading robots, it becomes easier to use them than conventional methods of trading.
You don’t need any prior experience when trading with these robots as there are guidelines and tutorials to help you learn how best to use them.
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Is it easy to use the robot?
Ease of use should be the first consideration when choosing a reliable automated trading robots. You want a robot you understand.
And this ensures the traders have a better chance of enforcing their strategies and increase the overall performance.
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Is the robot transparent?
Transparency also plays an integral part in deciding the best robot to go for. You must choose a transparent robot that gives accurate data.
Please check and confirm if the data provided by the robot is accurate and matches the market’s values.
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Is there a demo test for the robot?
Traders must test the robot before developing them in the live trading sessions. It gives you an idea of what to expect with the robot.
Platforms such as MT4 allow for backtesting and gives traders the chance to set their preferred trading parameters.
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Steadily works without any interruptions
Each trader deserves a robot that steadily works without having to face any pitfalls especially during live trading sessions.
Imagine a bot that fails to execute trades when necessary or is slow at executing trades. You have to test these aspects.
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Is the robot secure?
Getting secure robots for trading is what makes the platform the best to have. You get a platform that invests in reliable security measures.
The robots must also be compatible with all devices and ensure the encryption is strong enough to protect traders.
About Bitcoin Evolution
The trading app is being marketed as the next big deal to happen in the trading world. With a clear history of the Bitcoin evolution, this is where the developers coined its name. And after weeks of trying to contact these developers, we couldn’t get a hold of them. The problem is also faced by users who are finding a hard time reaching the developers. Most of the users claim that the app has diminished their funds in a blink of an eye. What most users don’t know is that this platform is one of the biggest Crypto scams.
These developers have made it a habit of creating apps that don’t match the hype. The platform is in chaos when it comes to the delivery of expected results. All the developers do is use insane claims and promises to allure investors into signing up. The first feature we noticed is that the platform is free. Users should ask themselves how a developer could offer a profitable app for free. It is another trap to ensure thousands of crypto users sign up with this platform. And this is the reason why no one needs to end up like most victims. Read this entire post for more.
Assets covered by this crypto app
The platform claims to be in the buying and selling scene of crypto assets. Their main investment is Bitcoin, and they also double up with other digital coins. These coins include Altcoin and Etherium. In regards to this developer, they mainly deal with Bitcoin and Etherium, which are highly valued crypto coins. And the results can be seen with the numerous complaints we have seen so far. Most of their targets are newbies who want a piece of the crypto advancement witnessed all over.
Bitcoin Evolution License and Registration
It is clear beyond any reasonable doubt that Bitcoin Evolution is yet to get a license from authorities. After throwing away any credibility with users, they still fail to get a valid permit from authorities. We checked with authorities in France, and they were shocked the platform exists. The ACPR and Banque De France had earlier put out a press statement warning users of this platform. Most European regulators have blacklisted this platform due to the high number of complaints. The British regulator Financial Conduct Authority has already issued a warning on this app.
With regulators already banning the use of this platform, it is not wise to associate with it. The developers are also using another website with the same layout to fool investors. Stay away from bitcoinevolution.com and the-bitcoin-evolution.com sites. These are scam tactics that are meant to catch unsuspecting investors. Without a valid license, it means the deposits don’t get any insurance cover. Users who deposit funds will not get any money-back features from such a developer.
Business owner of the app
When it comes to revealing who the owner of the platform is, the platform hides these details. And this is another pointer we are dealing with a rogue trading platform. The platform is not transparent on who the developers are. From the look of things, this is another anonymous crypto trading platform. The risk involved with anonymous platforms is not worth investing in them. Anonymity comes with high stakes as the vendor remains unknown even to this day. Most of the victims are not able to recover funds from anonymous online platforms.
Comments from users
Several users are unhappy with how things turned out with this platform. The users all claim that the app did the opposite of what’s expected. With claims of making unlimited profits being their sales tag, most users believed them. After depositing funds with the platform, they were shocked to learn the truth. The platform is not anywhere near making these allegations of unlimited profits. Users could only watch as their deposits diminished from their accounts, and they couldn’t do anything.
Complaints from victims
When conducting our research, we checked with most crypto trading forums on this platform. It was evident that the developers were out to cause malice with their app. Most trading outlets have negative comments when it comes to this platform. The victims would lose over $5,000 in a day after they signed up. When trying to contact the vendor, they would get their accounts blocked. Those who used recovery agents to try and get back some of their money failed too. And this is a sign that the platform is not trustworthy.
Domain information of the crypto app
It seems that their servers are located in France, and the exact date of startup was 12th August 2015. When looking at the disclaimer at the footer of their homepage, the copyright reads 2018. And this means that the developers have not updated their site even to this day. It certainly shows a lack of professionalism from the developer. What is astonishing with the site is that they have been around for over nine years. The place was used to peddle other crypto assets judging on their IP history. They have made 51 changes over the past nine years.
Features of Bitcoin Evolution
The platform’s online history shows that the platform has undergone countless recycling. For those who are familiar with the online trading world, this is not something new. Scam artists will recycle their products using different domains to entice newbie investors. The platform is also using unregulated brokers, which means more risk to users. From their reputation, we can safely assume that this is more of a gambling platform. Anyone who signs up ends up losing one way or another.
Obstacles with Bitcoin Evolution
Available accounts/plans
Bitcoin Evolution does not furnish users with any account plan. The homepage has no information on any available accounts of plans. These developers just ask for a minimum deposit fee of $250 with no available features. A smart investor will want to know the features available with these plans. All that the developer seems to be interested in is the funds deposited by users. The developer also fails to provide a demo account where users can test the platform’s capabilities.
Contact and support
When looking for a good crypto platform, ensure that the support is available 24/7. Another problem with this platform is failing to have proper support. The developer has been hiding from commenting on most reviews and blocking calls. With the high number of complaints, authorities are looking for the people behind this platform. And this is probably the reason why no one is held accountable. The scam artists ensure that their names are not found on the site.
Sign up process
Since there will be users who still want to sign up even after reading this review, the process is fast. The process takes less than five minutes to complete and also has some hidden traps. These developers ask personal questions and demand your contact information. The scam artists will either sell your personal information to third parties or use it to steal from you. After signing up, users should check their bank account details as these developers double up as hackers. Your credit card information is not safe with this crypto trading app.
Scam or Legit Bitcoin Evolution
Bitcoin Evolution is a scam that has been around the web for years. The developers come up with the same name under different domains. With this review, we hope that users will make a wise decision and stay out.
Closing remarks
There is no way we will recommend a platform that has been blacklisted by the FCA.