Our review of Bitcoins Era gives you reasons not to sign up nor trade with this system, because it is a financial scam.
Our in-depth analysis and test of Bitcoin Era reveals what is this system, that it is not real, legit nor safe and that is a pure scam with very low ratings.
What is Bitcoin Era
Bitcoin Era is a trading app that trades with different cryptocurrencies. For example, with bitcoin, ether and EOS. This app is normally available to a group of selected people only.
Bitcoin Era’s official website specifies the following main features:
- the system is one tenth of a second faster than the competition
- it wins 99.4% of all trades it takes
- it is the most consistent trading app on the planet
- can double, triple or even quadruple your money
- has won a number of international awards
- earns a minimum of 1,100 USD per day
Bitcoin Era is available mainly in the UK, Australia and US, but in reality, anybody can sign up. The most important question is how much does it cost? The answer is the biggest surprise, because it costs nothing. Isn’t it a red flag?
Is Bitcoin Era legit?
No, Bitcoin Era is not a legitimate trading system. The reason is that it is an unauthorized app that is supposed to trade on your behalf on autopilot, which means that it will take trading decisions and have a direct impact on your money.
In fact, the Spanish financial regulator Commisión Nacional del Mercado de Valores (CNMV) has warned that Bitcoin Era is an unlicensed investment service that is breaking the laws. Therefore, there is no doubt that it is not legit.
Is Bitcoin Era real?
No, Bitcoin Era is not even real. There is no real team of trading expert behind it, the app is not using any real strategy that would have an advantage in the markets, there is absolutely no value in it.
The Bitcoin Era project has a hidden purpose that we are going to explain in this review.
Is Bitcoin Era safe?
No, Bitcoin Era is not safe. In fact, it is very risky for your money. Because the app in reality is not free, you will have to pay indirectly for it and risk your capital. Which will result in a complete loss, we have this confirmed by real users throughout different forums and direct feedback.
Also, this system is not safe for your personal data because it is run by a group of scammers that just want to separate you from your money.
The Bitcoin Era scam
Unfortunately, Bitcoin Era is a great scam. It is a perpetuating scam that has been around for years and keeps changing names so that people like us have a hard time to keep up with their reviews and warnings.
The Bitcoin Era scam was designed with one purpose in mind – to get your money and never give you anything in return. Everything that is said on its official website is a lie. It is not a profitable trading app, it is a lie that is made to convince you to send money to fraudsters.
If you see a positive review of Bitcoin Era, it is fake, it is a paid promotion. Or worse, it was published directly by scammers who run this system.
In our Bitcoin Era review we provide the top 3 undeniable proofs that this system is a scam.
1. Multiplied scam
As we have already mentioned, Bitcoin Era is in fact just an old scam with a new name. It has numerous clones and new ones keep popping up regularly.
It is obvious that all these systems use the same website design and even the same video that is supposed to provide key information about it. But in reality, the video is just a compilation of clips from CNN and other media that have noting to do with Bitcoin Era.
2. Faked results
Bitcoin Era is supposed to have a 99.4% accuracy, which means that almost every trade is won. There is a table on its website with live trading results that corresponds to this statement. The only problem is that it is fake.
How do we know it? There are two hints. The first one is that the table contains trades with cryptocurrency pairs that don’t exist in the real world, like ETH/LTC (ether/litecoin).
The second is that it really is impossible to have a 99%+ win ratio in financial trading. We have been trading for 14 years and we know this for a fact. Any experienced and honest trader will confirm this.
3. Faked testimonials
Our third proof that Bitcoin Era is a scam is in the testimonials that you can find on its official website. Scammers use this lazy trick very often, they download some stock photos, make up names and stories about profits, mix it together and publish it as real testimonials on their webpage.
In our picture below you will see that people on these pictures are not real Bitcoin Era’s users, because these pictures are stock photos.
Bitcoin Era in the media
To support their scams, fraudsters often publish fake reviews and articles. They like to claim that Bitcoin Era has had positive mentions in media like The Mirror, BBC, Vox and others.
They also like to say that people like Elon Musk, Richard Branson or Bill Gates are investing with their software. But it is not true.
Some of their favorites are:
Bitcoin Era and the Dragons’ Den
Dragons’ Den is a TV show on BBC in the UK where business ideas are discussed and promoted. You can find articles stating that Bitcoin Era was in the Dragons’ Den, but they are fake.
Bitcoin Era and Shark Tank
Shark Tank is the Australian equivalent of the Dragons’ Den. So, when scammers want to target Aussies with Bitcoin Era, the claim it featured in Shark Tank. But it is not true, of course.
Bitcoin Era and This Morning
Has Bitcoin Era been in the TV show This Morning with Holly Willoughby? Of course not! Don’t believe any article stating the opposite, they are fake.
Bitcoin Era and Piers Morgan
Good Morning Britain with Piers Morgan on ITV is another TV show falsely associated with Bitcoin Era. It never was on this TV show and never will be, that is a sure thing.
How Bitcoin Era really works
Bitcoin Era works like a typical investment scam. It will mislead you into thinking that it can earn you profits but then it will just take money away from you. Here is how.
The first thing scammers have to achieve is to convince you they have a real product, a real trading app that is profitable. They will try to do it with sophisticated lies and also with their trading platform.
The Bitcoin Era platform is a platform that is supposed to be based on a profitable algorithm. But there is no real algorithm behind it. However, there might be a demo mode with a special dirty algorithm that will use fake cryptocurrency prices to generate lots of profits.
People with little or no experience in trading will not notice that the Bitcoin Era demo is faking results. Scammers might therefore easily convince them that their software really is profitable.
And here comes the crucial step. They will tell you that if you want to make real money, you have to deposit at least 250 USD with a broker they have selected for you. This is how they get your money, this is how they scam you.
Because they will forward you to an unregulated and scam broker they are affiliated with. Together they will push you to deposit as much money as possible and they will keep it.
They will make up all sort of excuses about why you are not earning anything and why you are losing money with Bitcoin Era. Every time you will hear a new reason why next time it will be better and why you have to deposit again.
They might even show you fake profits on your trading account to persuade you to deposit even more. But if you try to withdraw money, there will be a million reasons why it is not possible.
One of the favorite tricks is to tell you that yes, you can withdraw from Bitcoin Era, but first you have to send them more money to pay taxes. Which of course is a lie. You pay your taxes to your government, not to scammers who run anonymous and illegal trading systems.
To learn more about how to spot similar investment scams, check this video.
Got scammed by Bitcoin Era? Here is what you can do
If you have already sent money to Bitcoin Era and you got scammed, we are sorry, but here is what you can do. First, try to recover it:
- Look at how you made your deposit. Was it a credit card, a bank wire or an e-wallet?
- Look at who you sent your money to. It very probably is the broker that created your trading account.
- Contact that broker and say you want all your money back. Explain that you got scammed by Bitcoin Era.
- If it doesn’t help, explain to the broker that you are ready to report them to authorities and to proceed with a chargeback on your payment.
- If it doesn’t work, do it and ask for a chargeback. In case of a credit card you have to ask your bank. In case of an e-wallet, ask the e-wallet provider.
- Bank wires are the most difficult. Ask your bank for advice, you can also contact the bank that maintains the account which received your money.
Also, every country has a financial regulator that oversees financial markets and is there to help people. You can contact this authority in your country and seek advice. See for example what the SEC has to say about recovering money from scams.
The second thing you should try to achieve is to have your personal data delete from Bitcoin Era and the broker’s database. Contact them and ask them to delete it. Chances to succeed are not too big because you are dealing with scammers, but it is worth trying.
If you sent them any sensible data, like copies of your personal documents, you might want to consider getting these documents new. If they have your credit card information, go and get a new one, have the old one blocked.
If you granted remote access to your computer to anybody from Bitcoin Era or the connected broker, delete everything they asked you to install and check your computer for malware.
And finally, you certainly can report Bitcoin Era to authorities, even if you managed to recover your money.
Bitcoin Era – the verdict
We have thoroughly tested and analyzed Bitcoin Era, and our assessment is that it is a scam. Therefore, we recommend staying away from it, if you don’t want to lose money.
Those of you who are interested in legitimate cryptocurrency trading, get a free demo account with a regulated broker. You will be able to test everything and learn risk free.
If you decide to trade with real money, don’t forget that real trading is risky, so be careful and responsible. Trade only with money you can afford to lose, that is the basic rule of investing.
Please help us warn other people against this Bitcoin Era scam and share our review.
Frequently asked questions
Is Bitcoin Era a con?
Unfortunately, yes, Bitcoin Era is a con. It is a dirty scam that will do everything to get your money and make you lose.
Does Bitcoin Era work?
No, Bitcoin Era does not work, because it is a scam. Its only purpose is to transfer your money to scammers, that’s all.
Is Bitcoin era real of fake?
Bitcoin Era is fake. Every piece of information published on its website is fake. All the positive Bitcoin Era reviews you will find are fake, scammers created them. Also, this system has never been on TV nor in any other serious media.era real of fake?