THELOGICALINDIAN - A cryptocurrency advance arrangement alleged Bitcoin Revolution has afresh garnered absorption common with its affirmation that investors could calmly acquire over 1000 a day They could alike become millionaires aural 61 canicule application the Bitcoin Revolution app However this is a betray and it afresh ran into agitation with the Securities and Exchange Commission of the Philippines
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Bitcoin Revolution Scam Promises $1,000 a Day
The Bitcoin Revolution advance arrangement has been about for absolutely some time but it has afresh aggregate added absorption as the coronavirus beginning intensifies and bodies are disturbing to acquisition added assets due to job losses and added bread-and-butter factors.
The Bitcoin Revolution app claims to be “automated trading software that has been advised to barter the bitcoin and cryptocurrency markets,” its website states. For those attractive to amount out if the Bitcoin Revolution app is a accepted advance befalling or a scam, there are several red flags to note. Firstly, the Bitcoin Revolution website is a cookie-cutter website that is aggregate by abounding added accepted scams — 10 of which are featured in our article on Bitcoin Superstar and Bitcoin Era.
Boasting that its app has “a actual aerial success amount of over 99%,” the Bitcoin Revolution website claims: “This agency that best of the trades it enters into end successfully. What this agency is that you could be earning over $1,000 a day.”
To allurement biting investors, Bitcoin Revolution and added scams application the aforementioned website architecture accomplish themselves assume like they accept been accustomed by celebrities. Their promo video appearance Virgin Group architect Richard Branson, Microsoft architect Bill Gates, Google’s Eric Schmidt, and Virgin Galactic administrator Chamath Palihapitiya.
People from assorted countries accept been fatigued to Bitcoin Revolution acquisitive that it would be a safe advance advantage during the coronavirus pandemic, including those in Australia, Europe, Singapore, the UAE, El Salvador, and South Africa.
Trouble With Government
Several agnate scams accept gotten into agitation with the government of assorted countries. On Tuesday, the Securities and Exchange Commission Philippines issued a admonishing about Bitcoin Revolution. In accession to advertence that this advance arrangement is not accustomed to do business in the country, the Commission warned of several red flags, including allurement for an upfront advance and able abandoned allotment that complete too acceptable to be true.
The Philippine SEC wrote:
Furthermore, the Commission explained: “Bitcoin Revolution asserts that its software enables anyone to barter bitcoins and added cryptocurrencies calmly with a success amount alignment amid eighty-eight percent (88%) to ninety-five percent (95%) per transaction which makes the accumulation abeyant bottomless authoritative some of its investors millionaires in aloof sixty-one (61) canicule … Bitcoin Revolution added that its software is advised to annihilate the charge to absorb hours allegory the markets as the affairs will do all the assignment for the investors. All they charge to do is to sit aback and watch their profits grow.”
However, as with all scams, anyone uploading money into their annual at Bitcoin Revolution is absurd to anytime see that money again. When analytic for advance opportunities online, booty attention as there is an accretion cardinal of scams during this all-around pandemic.
What do you anticipate of Bitcoin Revolution? Let us apperceive in the comments area below.
Image Credits: Shutterstock, Pixabay, Wiki Commons, Bitcoin Revolution
