Last Updated on March 23, 2023 by Stephan Lindburg
BitiQ Review. Is Bitiq App Scam?
The BitiQ App is advertised as an automated Bitcoin trading software which generates money on auto-pilot for its members. In reality, this fraudulent investment platform and bogus signals app is merely another cloned auto-trading software. We base our conclusions on facts and evidence, not mere supposition or amateur guesswork. In this context, its worth mentioning that we immediately identified the manipulative nature of this atrocious app during the early stages of our BitiQ App scam investigation. This can be partly credited to excessive complaints we received, but also due to the design work and content we found on the website.
BitiQ App Review, Broker Check
- 1 BitiQ App Review, Broker Check
- 2 Proof of Scam
- 3 Fake BitiQ App Reviews (There Are Many)
- 4 BitiQ Fake Celebrity Endorsements
- 5 What Is The BitiQ App and How Does It Work?
- 6 BitiQ App Review, A Perfect Way To Lose Your Money!
- 7 BitiQ App Trading Dashboard, Signals, Strategy, and Indicators
- 8 BitiQ App Regulation Check
- 9 BitiQ App Review: Duplicate Versions of The Same Scam (We Spotted 6)
- 10 BitiQ App Cashier (Deposits and Withdrawals)
- 11 BitiQ FAQ
- 12 BitiQ App Customer Service
- 13 Tested Alternatives That Work
We know exactly who is responsible for promoting this latest phony app and plan to hold them accountable for their actions. This time we are dealing with a crooked London-based affiliate-network which is building a production line of fraudulent websites designed to trap unsuspecting victims looking to generate passive income trading bitcoin online. To add insult to injury, the scammers have also developed and launched at least Eight (eight) “official” BitiQ App websites, and are manipulating well-known review platforms and forums to spread their lies and gain more exposure on search engines such as Google or Bing.
This affiliate network is operating in sync with unlicensed offshore CFD brokers. When we joined to conduct our $/£/€250 deposit test, the broker which was assigned to us was named “Trade Central”, and it has a registered business address in Sofia Bulgaria. Bulgaria is considered to be a shady legal jurisdiction which is constantly used by scammers as a tax shelter.
Technically speaking, every time we examine a new auto-trader we are supposed to inspect the its features, settings, as well as the overall user-experience. We knew exactly what we were getting into with the BitiQ App scam, and had many reservations about risking our own money here because we are familiar with the human trash that’s orchestrating this scam and understand what their end-game is.
But just to make sure we are not causing anyone unwarranted damages we had to pull out our credit card and invest. Still that is not enough, we also based our conclusions after receiving documented proof of scam from one of our subscribers. We can make this information accessible to our readers. However in order to receive it you need to scroll down to the bottom of this review place a request in the comment section.
So, if you are convinced that BitiQ is a legit trading app then you should be prepared to lose your money just like we did. Our staff went the extra mile and was able to obtain incriminating evidence which helps explain why the BitiQ scam is so effective at baiting unsuspecting victims. We encourage you to read our detailed BitiQ app review before risking your hard-earned money. We exposed the charlatans responsible for setting up this get-rich-quick scheme, as well as their methods of operation.
Official Website, Login Page, and Members Area: There are over 7 (Seven) BitiQ App sites and they all claim to be “official”
Proof of Scam
Here we have the BitiQ App main website and registration area. If it looks kind of familiar then it’s with good reason. That’s because it is a complete clone and replica of other websites we exposed right here on our website a while ago.
And right below you can see with your own eyes what we mean “cloned” website. These chain-scammers have a streamlined operation which allows them to roll-out new schemes very quickly without having to invest in a new design. This allows them to be both cost-effective as well as efficient.
Once again, you can see the same image bank actress smiling at you and holding a virtual bitcoin. It is quite plain to see that all of these websites are literally telling you to “signup and get rich”. This is our “tell-sign” or indication that we are dealing with a get-rich-quick scheme.
Fake BitiQ App Reviews (There Are Many)
Here we can see a screenshot of a fake review website which associates itself with the word “trust”. This liar is looking to get you signed up through his website so he can collect his affiliate commissions (blood money). For that reason this website owner is giving the bogus BitiQ App a rating of 4.8 out of 5. In many ways this is similar to a thief owning a website which says he is honest. If you take the bate and believe this liar you will surely end up losing your money just like we did (that’s a guaranteed fact).
The same company which owns the website above (as well as many others) is spreading lies on the internet through various review platforms and forums like Reddit. If you click the image below and enlarge it you can see how they operate and the address they have provided. It seems these crooks have really made an error in judgement by making their address available to the public. If you are a UK resident we encourage you to file a grievance with Action Fraud and inform them about this criminal behavior.
BitiQ Fake Celebrity Endorsements
There is a massive fake news campaign which is being heavily promoted these days. It includes a variety of fake interviews with celebrities such as Elon Musk, Amazon Chairman Jeff Bezos, Lee Hsien Loong, Arlene Dickinson, Michele Romanow, Jacob de Geer, Kevin O’Leary, Italian actor Toni Servillo, Dragons’ Den, Shark Tank, and Martin Lewis. There are ways to spot these fake ads and we can teach you how to do that.
BitiQ is one of many cloned sites that are currently being used as clickbait ads for make-money schemes. We know that fake ads can be very convincing, but you have to be more inquisitive and demand clarifications from the support staff.
To find out just reach out and ask us through our contact page. There are a few tell signs that usually exist in every campaign, and once you identify them you will never be tricked by scammers again.
We spotted one fake news article featuring Kersti Kaljulaid, who is the ex-President of Estonia. She is being used in a new click-bait advertisement which is specifically targeting Estonian citizens. There are many others like it.
What Is The BitiQ App and How Does It Work?
Well, knowing what the BitiQ App really is and how it works really depends on the site you have been referred to. One website will have you believe that it is the “key to your Bitcoin investing strategy”, while another will try to sell you the idea that it is a “beginner-friendly” Bitcoin trading app which uses advanced AI Algorithms to generate massive cash windfalls for its members.
One thing which is common to all versions of the BitiQ App has to do with the fact that they are promising to make you a lot of money very quickly by using a Bitcoin trading robot.
BitiQ App Review, A Perfect Way To Lose Your Money!
Some review websites are trying to sell you the idea that the BitiQ App scam is a top-of-the-line auto-trading robot which is designed to create a “smooth trading experience” for its members. Other websites just avoid explaining what this app really is and prefer talking about CFD’s and how it is a form of financial betting. We also found lot of mumbo-jumbo about how this trading platform monitors the financial markets for you and mitigates risk by choosing optimal entry signals.
In all honesty, we were not able to identify a uniform or consistent sales pitch which we can say is the same for all review websites out there. This is primarily due to two reasons, the first has to do with the fact that different websites promote different versions of the website and have to adapt the relevant sales pitch. The second has to do with choosing the optimal content strategy. Any way you look at it, what you get is a mixed bag of rotten websites which try to sell you the same rubbish from different angles.
There are many scam systems like BitiQ App, and they all operate in the same way. However, in this specific case the scammers got lucky and for some reason this fake app was able to slip under the radar for quite a while. But now we are on to their dirty little trick and shall expose this fraudulent software so everyone can see what it really is!
BitiQ App Trading Dashboard, Signals, Strategy, and Indicators
As you may have suspected, since the BitiQ App is not an actual software you will not be able to access any type of trading dashboard. There are no automated strategies in place and the same is true for indicators such as Stochastics or Bollinger Bands. This is not very surprising at all and all the signs were pointing in this direction as well.
BitiQ App Scam: Broker Check Continued
We registered three times and each time we conducted our test we were allocated a fraud broker. The broker is the actual trading platform and liquidity provider. It doesn’t matter how good your software is, if the broker is scamming you then you need to stop and consider your options.
BitiQ App Regulation Check
We checked various websites such as BaFin, CySec, and the European Patent Office. We were able to find that BitiQ is blacklisted by the AMF in France. We also checked for ISO certification and PCI compliance. We were not able to find any information related to any of these.
All of these certifications are in place to make sure data privacy and information security are in line with industry standards. But it seems the scammers don’t really care about keeping your personal information stored on secure servers. In fact, we believe it’s contradictory to their plans and they want to spam their subscribers with dozens of spam emails.
BitiQ App Review: Duplicate Versions of The Same Scam (We Spotted 6)
As is the case in similar schemes, there are different versions of the same scam. We were able to identify a total of 6 versions, but we have a strange premonition that we will start seeing more.
This is happening because there are competing affiliate networks that are looking to get to the top of the search engine queries with their “official website” and in that way gain more exposure. It’s important to understand that despite what you may read, all of these websites are fraudulent without any exception. It’s different scammers trying to package the same sleazy sales pitch in a different way.
Is It Free?
Apparently it’s going to cost you at least $/£/€250 to gain access to this hoax. That money will be billed to your credit card by the thieving broker which has been assigned to you.
BitiQ App Cashier (Deposits and Withdrawals)
Traders wanting to fund their account via the BitiQ App will find it quite simple. In most cases they will simply need to verify their details via phone and possibly send some documentation. But try withdrawing your money and see what happens. You will be required to fill out endless forms and talk to 12 different people who will eventually tell you that your withdrawal request has been declined because your documents didn’t arrive or are not filled out properly.
What Is BitIQ?
BitIQ is marketed as an automated trading robot. It is supposed to generate money for its members on auto-pilot. However, in reality it is a fraudulent trading software.
Can I Use BitiQ To Generate Passive Income?
No. It's not possible to make any type of income using this software. It is completely rigged and designed to generate losing trades.
Is BitiQ Related To Brokers In Any Way?
Yes. When you register for BitiQ a CFD broker is automatically allocated to you. You can't choose it or research it before you invest.
I Saw An Article With Martin Lewis Saying BitiQ Is Legit. Is That Possible?
No. Scammers are notorious for using fake celebrity endorsements in order to promote their schemes. Martin Lewis has nothing to do with this fake app!
I Already Lost My Money With BitiQ. Is There Any Way To Get It Back?
No. Make sure to conduct proper research before investing. Wealth recovery companies charge money upfront without guaranteeing results. That's why we never recommend them.
BitiQ App Bonus Promotions
CFD’s are considered by many to be a form of financial betting. So, whenever betting is concerned you also have bonuses and various promotions. If you are offered a bonus make sure to refuse it, because there are certain trading requirements which are placed on the bonus you receive. In most cases you will be “locked in” and not able to withdraw because you have not reached these requirements. In fact, we are not familiar with anyone who accepted a bonus and was able to cash out at some point.
BitiQ App Customer Service
The customer service is appalling and completely unprofessional. When we tried to contact the staff we clicked a button which opened a contact form. It was basically like sending an email to outer space. The email bounced immediately and that pretty much sealed the lid on this useless piece of trash technology.
|Transparency Versus Anonymity||Totally anonymous app.|
|Quality Assurance||There is no software so no QA is needed|
|Regulation and Patenting||A complete joke!|
|Loading Speed||A lot of lag. Slow loading times.|
|Level of Courtesy||These people are rude!|
Crypto Robots, Signals, and Automated Trading Apps
There are many systems available these days and they are all designed to perform in a certain way in order to achieve a certain result. If you opt for signals, then its most likely because you are looking for more control over your trades. Auto-trading is for a more set-and-forget type of trader. There are also other systems out there which let you copy trades, that is commonly referred to as “social trading”. In the end you will need to make a decision about which system is right for you and how much money you are willing to risk in order to start generating some profits.
Tested Alternatives That Work
Its true that most systems are flops and designed to fail from the outset. However, every now and then a new system which actually has potential is launched. That’s when our staff steps into the picture and starts testing it. If it passes our screening process we add it to our recommended section. So feel free to check it out for yourself.
BitiQ App Review, Summary, and Conclusions
Today we will obviously be blacklisting the BitiQ App scam software and phony trading platform. There is just too much credible proof of scam that our research staff was able to produce. The complaints we received also helped us reach this conclusion, so from our point of view there is no other option. We have to advise our viewers and subscribers to refrain from joining the BitiQ App since we are absolutely convinced it is a fraud designed to intentionally lose your money. Should you require additional information or clarifications, please reach out and message us via our contact page or social media.