Last Updated on August 29, 2024 by Stephan Lindburg
Welcome to our official Bitcoin Evolution review and scam investigation. The Bitcoin Evolution SCAM software does not really answer to the criteria of a trading software, app, or automated bot at all. In fact, this bogus investment platform is what we refer to as a “chain scam” or a kind of copy/paste cloned scam which is commonly used by affiliate networks who wish to promote dirty get-rich-quick schemes. Why do they do that? Well, these online promoters receive kickbacks (bribes) in the form of affiliate commissions every time you invest.
So, the whole intent of this fraudulent scheme is to entice you and get you signed up with a rogue offshore Broker. In our case it was a broker which is connected to UproFX (currently closed). It was owned at the time by Yield Enterprise Currency Software OÜ and had a registered business address in Tallinn Estonia. Originally when we started out testing this software, it was due to various complaints we received in regards to the hideous nature of this latest scheme.
However, as we continued to collect evidence we understood just how dangerous the Bitcoin Evolution scam really is, and why it should be avoided at all costs. Still believe the Bitcoin Evolution is a legit trading app and want to invest? Before you risk your hard-earned money we highly recommend you read our detailed Bitcoin Evolution review and see exactly how we exposed the crooks behind it.
Critical Update 2024: Bitcoin Evolution SCAM is now illegally using various high profile individuals, celebrities, actors, politicians, and public figures for promotional purposes. We have added a separate fake news section about this alarming trend and are updating it on a daily basis.
Official Website, Login Page, and Members Area: Spoofed Website With Multiple Versions Keeps Changing
Evidence of SCAM
Below you can see the main sales page and registration area for the Bitcoin Evolution Scam software. Right below it we have taken screenshots of the Bitcoin Era, BitQt, and Bitcoin Up scams. It’s very plain to see that the presentation including the actual sales video is identical and copied verbatim thus validating our initial assertions.
Moving along, when we signed up and tested this software we found out that the brokers involved in this highly manipulative game of deception and trickery, are the same ones which are involved with the previous scams we discussed above. Here you can also see that with Bitcoin Secret Pro CFD was the selected broker, and with Bitcoin Evolution its UproFX which by the way is blacklisted by the UK Financial Conduct Authority for providing financial services or products in the UK without proper licensing.
What is Bitcoin Evolution?
Bitcoin Evolution is marketed as a “group reserved exclusively to people who jumped on the insane returns that Bitcoin offers and have quietly amassed a fortune in doing so”. They also claim they have a trading app which performs at a 99.4% level of accuracy. In reality, there is NO software and you are being setup to take the bait as a fake broker is waiting for you on the other side to steal your money.
Bitcoin Evolution Review – SCAM Software!
Contents
- 1 Bitcoin Evolution Review – SCAM Software!
- 2 How Does the Bitcoin Evolution SCAM Work?
- 3 How To Cancel Your Bitcoin Evolution Account
- 4 Bitcoin Evolution Fake News (Updated Daily – Make Sure To Check This Section)
- 5 Bitcoin Evolution Officially Blacklisted By The FCA – We Are Monitoring Regulator Warnings Daily
- 6 How Much Are Affiliate Networks Offering For New Bitcoin Evolution Customers?
- 7 Still Believe The Bitcoin Evolution Scam Is legit?
- 8 A Few Tested Alternatives
Crypto Is Making People Rich And You Can Become The Next Millionaire! Does that sound familiar? Well, it should because its the first thing which pops out at the Bitcoin Evolution sales page. Are you an opportunity seeker looking to cash in on the next “big thing”? Well in that case the Bitcoin Evolution was designed especially for you.
Again, we have fake claims about how their exclusive group of millionaires enjoy retreats across the world and how they work a few hours a day without having any type of financial stress. That is extremely manipulative, misleading, and deceptive but also exactly how the software is presented to us.
Additional Differentiating Factors (The Lies Don’t Stop)
Laser-accurate Performance: Again, they are re-hashing the 99.3% accuracy level angle.
Superior Technology: Beat the market rates in 0.01 seconds and execute “no-risk” trades on auto-pilot.
Award Winning Trading App: Guess what, there is no award granted by the US Trading Association (which does not exist).
How Does the Bitcoin Evolution SCAM Work?
Three simple steps about signing up, funding your account and voila! You are the newest millionaire so welcome to our club. Right? WRONG! In reality you are being illegally solicited to join a fraudulent get-rich-quick scheme and you can bet your bottom dollar that the second you signup you will have an army of sleazy sales reps with a strange accent calling you up and telling you to deposit more money than you can possibly afford.
Bitcoin Evolution: Five Versions of The Same Scam
Our staff has spotted five versions of the Bitcoin Evolution scam (there are more), and we have attached a screenshot of three of them for you in a side-by-side format so you can see for yourself how they look like. In this specific case the reason this is happening has to do with the fact that you have multiple networks competing for the same market. While one network believe a certain design is more suitable for its marketing purposes, the other chooses a different one.
Obviously the flashy version is designed for media ads, email marketing, or pop-ups, whilst the plainer versions are used primarily to attract viewers who are doing some fact-checking on search engines. The latest version of Bitcoin Evolution actually claims that it works by “establishing personalized trading parameters” which are used to identify profitable trades. Needless to say they are both scams and each one will try to sell you the idea that it is the “official Bitcoin Evolution website” so just stay away!
Is it Free?
Take a wild guess. Get ready to part with at least $/€/£250, and that money will be charged to your credit card by thieving offshore brokers who could care less about your financial situation and will do their utmost to steal your hard-earned money.
How To Cancel Your Bitcoin Evolution Account
It’s not possible to cancel your bitcoin evolution account. The only thing you can do is try to login to your broker account and try to change your contact information. This way the scammers will not be able to message you, but the actual account will remain as long as the broker is operational.
If they message you the best course of action for you to take is to actually respond and simply state that you have no money to invest. Keep repeating that message and eventually you will be ticked off the phone list and no one will call you anymore. Please be advised that the scammers will try to sell you alternative schemes in order to keep you investing. Politely decline their offers and tell them you have no money.
Fake Bitcoin Evolution Reviews
Actually, we were the first to expose this thieving chain-scamming app so at the time there were no reviews AT ALL in regards to this scheme. However, as we correctly assumed at some point (rather quickly) multiple fake review sites got paid to endorse this phony investment platform and we are always steadfast and here to call their bluff! Below we have added a screenshot with some images of how these fake review sites look like so you know exactly which ones to avoid. We even marked the relevant sections of the fake reviews for you so you can see exactly how these sites bait you.
We are also updating this section and advising our members to avoid reviews which are promoted by paid press releases on major media outlets. This trend is gaining popularity with scammers who are “piggybacking” on the reputation of well-known news organizations. We are hoping search engines will notice this soon and put a stop to it, but until then we are advising our viewers to remain vigilant and seek independent reviews and investigations which are conducted by professional industry websites only from the cryptocurrency or financial niche.
Bitcoin Evolution Fake News (Updated Daily – Make Sure To Check This Section)
The Bitcoin Evolution SCAM is now using a variety of methods in order to recruit new customers, and fake news (mirror sites) is the most popular with scammers. Here we see the cynical and illegal use of Martin Lewis who is a British TV broadcaster and journalist (see image below), but there are also documented cases where other celebrities and high-profile individuals are used for promotional purposes. Most commonly used are Elon Musk, Ryan Reynolds, Richard Branson, Jeremy Wells, Jeff Bezos, Patrice Motsepe, Jonathan Ross, Jim Davidson, Frank Lowy, Prince William, Bill Gates, Dick Smith, Prince William, Andrew Forrest, Peter Sagan, John de Mol, the cast of the Dragon’s Den, Shark Tank, Australian TV presenters Karl Stefanovic and Waleed Aly, Pete Evans, Today Extra with Sonia Kruger and David Campbell, Piers Morgan, Jeremy Clarkson, Akshay Phillips, Andy Lau, and also politicians such as Cyril Ramaphosa, 20 Minuten in Switzerland, Reto Lipp, SRF, Gavin Duffy or Jacinda Ardern. Reddit, TrustPilot, and other forums are also being used now in a similar manner in order to mislead potential victims.
The use of fake news is becoming more prevalent with scammers who are crafty and always find clever ways to bait unsuspecting victims.
We are constantly seeing fake celebrity-endorsed ads referring clients to invest with phony offshore brokers. Please make sure to conduct proper research before investing through schemes like Bitcoin Evolution.
We urge you to use your common sense and always inquire before investing. We are also starting to see additional fake news campaigns which use BBC, UK Sun, The Guardian, Daily Mail, ITV, Telegraph Express, and AOL Money logos (see above).
Bitcoin Evolution Officially Blacklisted By The FCA – We Are Monitoring Regulator Warnings Daily
The Bitcoin Evolution scam has now been officially blacklisted by the Financial Conduct Authority, which is the official government entity responsible for all forms of financial regulation and licensing in the United Kingdom. This means the scam has become so big that it’s simply impossible for the authorities to ignore it or let it slip under the radar. We have attached a screenshot of their latest warning and you can see for yourself that these scammers are unauthorized to provide “financial services in the UK”.
In Australia, ASIC has also issued a severe scam alert and is specifically stating that scammers are using fake celebrity endorsements to promote get-rich-quick schemes. This regulator is advising all Australian citizens to “avoid crypto trading scams such as Bitcoin Evolution” (see above). The same is true for the CNMV in Spain.
Bitcoin Evolution is simply illegal. We are not the ones who are saying it. This platform was blacklisted by the FCA in the United Kingdom and ASIC in Australia.
In this context its also worth pointing out that we have just received a complaint from a member who was assigned to a broker associated with the now closed “KayaFX”. A quick check reveals this broker is not licensed to manage investment portfolios on behalf of clients. This also explains the nature of the complaint we received and the reason our subscriber was not able to withdraw his money. If you check out the comments below you can clearly read how real victims were baited and manipulated into investing more money until they were completely wiped out!
How Much Are Affiliate Networks Offering For New Bitcoin Evolution Customers?
Affiliate networks are offering $1,250 for anyone registering through the Bitcoin Evolution website and investing. This is a record-breaking commission, and with that amount of money being thrown around its no wonder promoters will do anything humanly possible to have you registered and invested through their campaign links.
This also helps explain the promotional frenzy behind this scheme. Anyone searching for a legitimate Bitcoin Evolution campaign will find tens of review websites that try to sell you the idea that this signals app will actually help you generate money. This is a fallacy and an outrageous lie so please make sure to avoid sponsored articles and websites which endorse every offer available. It’s simply illogical that every system is good, when in fact the exact opposite is true (most are flops).
Still Believe The Bitcoin Evolution Scam Is legit?
If after reading all we had to say, for some unknown reason you still feel an urge to test the waters and fund a real money trading account, then you should probably avoid online Forex trading altogether. Your money will be lost and that is a guaranteed fact.
Bitcoin Evolution Review: On A More Personal Note
Our position on Bitcoin Evolution is well-known and is constantly being monitored by various agencies and affiliate networks in the online trading industry. Recently there has been a surge of paid articles which are piggy-backing on the reputation of well-known websites and news portals in order to promote this dubious crypto app. We can’t overstate how utterly misleading this type of promoted content can be to someone who is not familiar with online trading or has no understanding in regards to the level of risk which is involved. We urge all our members and viewers to remain vigilant during these troubled times, and refrain from making a hasty or frivolous decision about investing through this fraudulent software.
A Few Tested Alternatives
We are guessing that right about now you are looking for some viable options so we short-listed a few cash-producing apps which have withstood the test of time. These systems can be found in our recommended section, so why not take a minute to check it out.
Bitcoin Evolution Review, Conclusions, and Helpful Tips
The Bitcoin Evolution SCAM software, App, and fake trading bot is BLACKLISTED and it’s pointless to try and prove otherwise. If you have been solicited via email marketing SPAM or some form of fake news advertisement asking you to join this “new and profitable new software”, then you should know that you are officially being targeted by crafty affiliate networks which are gunning for your wallet.
In addition to everything else, its also critical for you to understand that the crooks behind this shady scheme are well-known in the industry for defrauding unsuspecting victims and have been exposed numerous times. This company has a headquarters in Cyprus and additional offices in Malta and other Middle Eastern countries. This means its a well-oiled and heavily financed operation so make sure to hold on to your credit card and never divulge any type of sensitive financial information. For additional information, we can always be contacted via our contact page.
Christopher says
Hello Stephan and Team,
I joined this software and was assigned to a broker named Kaya FX. My account manager Mr. Guy Schmidt advised me that after investing £250 I can pretty much expect to lose my money and that I needed to add an additional £5,000 if I wanted to generate real income. I believe I got scammed and unfortunately it’s too late for me now. I will recover from the monetary loss but my ego took a beating. Anyways, they don’t stop calling. Sometimes from a Manchester number and other times from Newcastle. Any recommendations?
Stephan Lindburg says
Hi Christopher, thanks for sharing and Kaya FX is not one of our recommended brokers to say the least… They have a horrible reputation and they definitely earned it. Please message us directly via the contact page for detailed information on how to proceed. Thanks. Stephan and Team
CONOR O’HANLON says
I have been getting The Altucher Report (James Altucher) regular over the last year but have not signed up to anything yet. Do you know anything about the Altucher Report?. I am seriously interested in investing in Cripto currency . Could you please advise me on what is the best Bitcoin site. The Altucher Report doesn’t say how to just buy into bitcoin..
Stephan Lindburg says
Hi Conor, James Altucher is part of a group of wealth gurus who help each other by mutually referring clients thereby getting people to pay for their subscription service. For example, if you signed up for a Robert Kiyosaki seminar, chances are you received some email about various programs and how it is recommended. Fact is, it’s not an outright scam in the usual manner where they rip you off. Its just various forms of hype coupled with rehashed life hacks and some recurring mantra about how to get out of the rat race and so on. Its not a software or a practical trading tool which actually helps you generate money. For something which actually works we invite you to check out our recommended section. https://scamcryptorobots.com/best-crypto-bitcoin-robots-signals/
Conor O'Hanlon says
Thank you for contacting me I have looked at Crypto Advantage which you recommend and signed up for although I haven’t invested any money yet and I got an email from someone representing them. Should I trade on this site? Please can you advise me on this.
Regards
Conor
Stephan Lindburg says
Hi Conor. Yes it’s fine. Feel free to proceed this is very normal. Thanks. Stephan
Conor O'Hanlon says
I signed up with Crypto Advantage but getting a reply from XtraderFX . Is this a part of Crypto Advantage
Stephan Lindburg says
Hi conor. It’s just a broker which is used as the cashier.
Olavi says
Estonian Financial Supervisory Authority has issued a warning about this particular company as well
Stephan Lindburg says
Hi Olavi, thanks for the update. It’s about time they did. Stephan
Muna says
Hi is there an app that can be signed up from Singapore. As the tools that you recommended when I want to sign up mention that my country is not registered
Stephan Lindburg says
Hi Muna, yes try now. It was a temporary update so should be OK now. Stephan
Fery says
Hi, is it any trading robot that we can trust it and they are not scam?
Stephan Lindburg says
Hi Fery, please check the recommended section. Thanks, Stephan
Annette says
They are now using Alex Ferguson in some kind of article where he is saying he used a “secret Bitcoin Trading system” to make some money. I didn’t believe it for a second when he said it was called Bitcoin Evolution, so I did my research and ended up on this review site. And yes, there are other sites who say it is legit but as they say if it sounds to good it usually is.
Stephan Lindburg says
Hi Annette. Yes you are correct, they are using all kinds of celebrities for the purpose of fake endorsements. People tend to believe it and then end up losing their money.
Christopher says
I actually invested about 500 quid using this fraudulent software. I got a call from my bank saying the transaction is flagged and that they cancelled it. Thankfully I was saved because someone in Lloyds was doing a proper job. Thanks for shedding light on this matter and of course now I see it is a scam because even my bank told me!
Stephan Lindburg says
Hi Christopher, you are lucky to have such a professional bank that spotted this transaction. Others lost a fortune.
Noah says
I joined through a system called Quantum AI and for some reason the broker insisted I signup once more through the Bitcoin Evolution website. What’s all that about?
Stephan Lindburg says
Hi Noah, this is because they are used to working in a certain way and nothing will change that. Don’t signup for anything which is not fully checked – Bitcoin Evolution is a scam as we have proven. Best move on. Thanks, Stephan
Christina says
I believe I almost got scammed. Someone called me up from a local phone number and told me that he is my account manager. I was intrigued because Bitcoin Evolution seemed so real. Then I started doing some research and ended up here.
Stephan Lindburg says
Hi Christina, nice catch. Don’t invest you will lose your money for sure!
Linda says
Oh Well – too late for me. I got tricked by the fake reviews and by the time I understood what was happening it was too late. Any way to get my money back?
Stephan Lindburg says
Hi Linda, if its a small amount just move on. If its a significant amount please message me through the contact page. Thanks. S
Ian says
Hey thanks for this, they got me on the phone for 500 quid. Thankfully I didn’t send any documents because I read the review so they are in the process of refunding me.
Stephan Lindburg says
Hi Ian, nice catch on that. S
Veronica says
I saw an advertisement with Martin Lewis saying he is using Bitcoin Evolution to generate profits and when I signed up I started getting phone calls from Eric Green who was my account manager. I started with £250 but that went very quickly. I was told I needed to invest an additional £1000 just to get access to the “real” software. I did just that and was then asked to invest an additional £5000 because that is the best way for the new software to work. After doing that as well I started to realize what was happening but by then it was too late. I actually read some Bitcoin Evolution reviews and for some reason decided to join through another site. I don’t understand how it is possible that almost all websites are saying it works and only one or two speak the truth about this horrible trading app. I have lost my money, but more importantly my self-dignity. I am sharing my experience so others can read for themselves and know what they are getting into. Bitcoin Evolution is a total scam and that is something which I had to find out the hard way. Hopefully I will be able to get out of this mess. I will take some time and help though. Im totally shattered!
Stephan Lindburg says
Hi Veronica, Its true that there are many websites out there which will try to sell you lies. We have written extensively about this. Im sorry you lost so much money and hope you recover quickly.
Dieter says
I registered after getting a message from a Telegram signal group. The group administrator told me that this software does all the work for me and all I have to do is invest 250 Euros. Right after I entered my details I started receiving phone calls from 3 different phone numbers in Munich, Stuttgart, and Leipzig. I immediately checked this software and I got a lot of reviews in Germany but they all seemed too good to be true. Then I found your review about Bitcoin Evolution and it started to make sense. They are using Die Höhle der Löwen on advertisements that look very real. I did not invest and I even reported these scammers to the police. Thank you for your informative review.
Dieter
Stephan Lindburg says
Hi Dieter, thank you for sharing. This is very useful for our members in Deutschland, Austria, and Switzerland.