BitcoinEra—the website slash platform constantly appearing on warning lists—promises unwary investors lucrative crypto opportunities. They claim all you have to do is send them money and await seamless profits.
In reality, the shady business is one big scheme, just like InvesaCapital. We urge you to read our full BitcoinEra review to learn the truth and find out how you can recover the funds you lost.
| Regulated by: | No Regulation Expected |
| Is This Company Safe? | No, the platform is fraudulent |
| Known Websites: | bitcoinera.app |
| Have Warnings from: | FMA, OSC, FSMA, CONSOB, CNMV |
| Registered in: | UK (allegedly) |
| Operating since: | 2019-10-25 |
| Trading Platforms: | Web |
| Maximum Leverage: | N/A |
| Minimum Deposit: | 250 USD |
| Deposit Bonus: | N/A |
| Trading Assets: | Cryptocurrencies |
| Free Demo Account: | Unavailable |
| How to Withdraw from This Company? | Since this company is unlikely to return your money – contact your bank or financial regulator or simply reach out to us for professional assistance in recovering your funds. |
Legal Info: Is BitcoinEra Legit or a Scam?
Affiliate campaigns are not a type of business that requires regulations. Firms offering such services operate by connecting clients with brokers in exchange for a fee. The platform provider, however, has to be regulated to ensure safe trading.
In this case, we found several regulatory warnings against BitcoinEra. The Spanish CNMV was the first to alert traders about the scheme in 2019. Other European financial watchdogs that blacklisted the firm were the Belgian FSMA and Italian CONSOB.
Moreover, the Ontario Securities Commission (OSC) and New Zealand Financial Markets Authority (FMA) also released statements against BitcoinEra. With four regulators hot on the fraudsters’ trail, it’s safe to say the affiliate business is a hoax.
Therefore, we strongly advise you to opt for providers regulated by renowned financial authorities such as ESMA (Europe), FCA (UK), CFTC & NFA (US), ASIC (Australia), and IIROC (Canada). Trusting suspicious sites is risky, as they may participate in fraudulent activities.
Who Are BitcoinEra’s Targets?
According to WHOIS, the bitcoinera.app website domain was created on October 25, 2019. Since then, the digital con artists behind the website have been targeting primarily traders and investors residing in the following countries:
- United Kingdom
- Germany
- Italy
- Romania
- Mexico
European countries have strict market regulations, leaving no space for anonymous fraudsters like the BitcoinEra crypto scheme or the Lionsgate Network chargeback fraud. The four regulators we mentioned have shown how effectively they handle these cyber threats (check the previous section).
We recommend using regulated providers and steering clear of dubious websites promising unrealistic and suspicious services.
Trader Reviews – Is There Any Feedback?
When we looked up BitcoinEra reviews on popular forum pages, we found many complaints about the website. Currently, there are 12 comments on trustpilot.com, with the forum warning us about the firm receiving “regulatory attention.” The scheme got a poor average score of 2.3.
“I invested £250, and it disappeared before any trading, They said I needed a virtual wallet and took another £250 without my permission creating it,”
– one user stressed. Other complaints speak of similar issues.
The point? It’s important to read user feedback before investing online. Negative reviews can often help you avoid getting defrauded.
Shady Trading Platform and Fake Success Rate
The website unscrupulously promises various cutting-edge tools and advanced technologies, such as the BitcoinEra bot, which allegedly has an 85% success rate. If that were true, this company would be making the grade in the industry. In reality, there is no reliable platform or BitcoinEra app on the site.
There isn’t even a BitcoinEra trading platform download link, indicating the scheme’s true nature: they want your money without providing any tools in return. Avoid investing on this site and choose transparent brokers who support reputable software like MT4 or MT5 instead.
How Affiliate Scams Usually Work
Deceitful techniques are rampant in affiliate campaigns. Take the BitcoinEra AI ruse, for example. Cyber tricksters lure people with promises of lucrative returns overnight with minimal risk. Such schemes are known for unrealistic claims and fake products.
Another common type of fraud is the Ponzi scheme, where money from new investors is used to pay earlier ones. This unsustainable system eventually collapses, causing financial losses for those at the bottom of the pyramid. Hence, be careful if a suspicious website puts pressure on you to recruit new members. Do thorough research before investing to avoid these online traps.
BitcoinEra Payment Process
The website lists three payment methods that can be used to deposit funds and withdraw generated profits:
- Credit/debit cards
- Wire transfers
- E-wallets
If you deposit on this website, forget about withdrawing your money. According to the reviews, these fraudsters brazenly steal the funds users send them and cease communication. If you get scammed, it’s up to you to explore alternative refund options and consider getting professional assistance.
For MasterCard and VISA transactions, you can request a chargeback at your issuing bank within 120 days to reverse the payment. To ensure you get your money back soundly, provide the bank with all relevant data, including any chats with the fraudsters.
Wire transfers can be reversed through a recall, but this is only effective if the transaction has not been completed, so you need to act quickly.
Customer Support
BitcoinEra’s customer support is extremely poor. There is no direct email address or contact number available. Users can only fill out a web contact form, making direct interaction almost impossible—an ideal situation for scammers.
The lack of live chat, email, or phone support is a major red flag. This non-existent customer support is another compelling reason to avoid this platform.
Key Information To Consider About BitcoinEra
BitcoinEra is an affiliate scam mainly targeting traders and investors from the UK, Germany, Italy, Romania, and Mexico. Four regulatory authorities have taken online to issue warnings against the website. There’s no legitimate software behind this business, so stay away.
The website is designed to deceive unsuspecting visitors. It aims to collect personal information so that the tricksters can rob you of your hard-earned funds. Therefore, we strongly recommend that you stay away from anonymous providers.
If you have fallen victim to the BitcoinEra scam, please book a free consultation with Scam Brokers Reviews and tell our team how it happened. As mentioned, our professionals can help you recover your funds. Use the form below to set up an appointment.
Book a free consultation and get your money back.
FAQ Section
What is BitcoinEra?
It’s an anonymous website, not a legitimate trading company. It shamelessly claims to be a real affiliate campaign.
Is BitcoinEra Legit?
No, the platform is not the real deal. Please avoid sending them any money or information.
Can I Trust BitcoinEra App With My Money?
No, please do not trust them. This affiliate hoax appears on multiple regulatory warning lists.
Source:
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