Bit Index AI Review – Same Pattern And Scam Only Worded Differently

Trading systems powered by AI are still in their infancy and the story about easy trading by relying on them is more often used as a lie launched by scam projects. One of them is definitely the website analyzed in the following Bit Index AI review. The fraudsters running such schemes don’t even bother to design the web presentations differently anymore, as the pattern keeps repeating.
Type of Company: | Affiliate Campaign |
Regulated by: | No regulation expected |
Operating Status: | Active Online Sham |
Known Websites: | https://bitindexai.me/ |
Blacklisted as a Scam by: | N/A |
Owner: | N/A |
Headquarters Country: | N/A |
Foundation Year: | 2022 |
Online Trading Platforms: | None |
Mobile Trading: | No |
Minimum Deposit: | N/A |
Deposit Bonus: | No |
CFD Trading Option: | No |
Crypto Asset Trading: | No |
Available Trading Instruments: | None |
Maximum Leverage: | N/A |
Islamic Account: | No |
Free Demo Account: | No |
Accepts US clients: | Yes |
Global Fraud Protection Experts’ Verdict: | Steer clear of these fake offers for robot trading tools! |
Identity Confusion
The bitindexai.me website is apparently in a state of perpetual confusion as the information shown on it opposes reality in every sense. Firstly, the url implies one name of the firm, but the web presentation is named Immediate Bitwave. That’s not all of it, as another name is used further on – Chainwizard AI.
What’s it gonna be in the end and what name is the correct one is unknown – all of these are equally dangerous and potentially damaging to your budget.
Since affiliate campaigns aren’t obligated to obtain a financial license, they aren’t under any regulatory oversight. That has opened the way for these fraudsters to mass produce these scam sites and target anyone even slightly interested in crypto investing.
All of these sites exist for the single purpose of getting you to sign up so they can direct you to unregulated trading platforms or sell your contact info to fraudulent brokers like Weltex.
Lies That Attract Most Attention
Now wouldn’t it be wonderful if there indeed was such an advanced trading tool that watches markets non-stop and places the right trades instead of us? Not only would that turn even beginner traders into crypto veterans, but it would make everybody rich overnight!
When you look at it from this perspective, you can immediately see the holes in the whole story and why it doesn’t stand. While professional investors are less likely to believe the fairy tales about progressive AI-based trading algorithms, newcomers are easy targets.
The less experienced and misinformed traders are more prone to falling for the lies about unmistakable trading robots that boiler room agents promote. Be careful though, as that only leads to one common end: bankruptcy.
Who are the Main Targets?
As if they’re coming from a production line, these websites have all appeared just recently. This one in particular was launched in June 2022, and has mainly targeted traders from these nations:
- Australia
- Canada
- Germany
- Italy
- United Kingdom
It goes without saying that no actual profit can be generated this way and that you should immediately seek help if you’ve invested with such portals. Our legal professionals offer insight and options for fund recovery.
Alleged Platform With a Difference
You might wonder what distinguishes the promised robot trader on this website in the sea of others similarly described. Well, we can answer that question: nothing at all. For one, none of these apps or tools even exist, and that’s what they all have in common.
Secondly, they’re all fabrications that just fail to deliver the promised intuitive interface and seamless trading experience with 99% success rate. However, swindlers know what weapon to use to get under your skin, and that is why they all promise the same: effortless trading and AI that guarantees high profit.
Why Only Crypto?
Taking into consideration the vast popularity of digital currencies, it is only natural for the scams related to crypto trading to surface so successfully. This website is no different and they only focus on alleged trading of crypto currencies. Major coins mentioned on this site are BTC, ETH and LTC.
Account Opening – Don’t Do It!
There’s absolutely no benefit to opening an account with this cyber scheme. There’s two possible outcomes of becoming a member. First is that you will be immediately redirected to a fraudulent brokerage portal like Trendex, where the trap leads. These schemers partner up and the site you originally signed up with is just an affiliate that earns from the number of victims they direct to false trading sites.
The other outcome is that you will have your personal data and other sensitive info stolen by the website owners who will later sell it to the unregulated brokerage brands that are in the constant need of new victims.
It All Costs Too Much
Whatever kind of deal you engage in with these swindlers, it will cost you much more than you’ve bargained for. Not only will you be unable to make any profit, but your original investment will be gone as well. On top of that, you can expect to be overcharged for any fictitious service you were promised.
On the website you will only find statements about their software and tools being completely free for everyone. That’s usually the trick that pushes traders to buy membership.
Payouts Never Happen
No platform means no trading is conducted, which further solidifies the fact that no profit could be accumulated and no rewards can be expected for it.
Whatever you invest as your starting deposit is transferred between different crypto wallets endlessly so you lose track of it. That’s why even restoring your original payment is not likely to happen.
For such matters, we suggest you contact our crypto recovery professionals as they can help you track your funds.
Don’t Wait – Contact Us For Help!
As attractive as promises about perfect AI trading tools are, they’re all exaggerated and far from the real state of things. No one has gotten rich overnight with the help of a suspicious tool promoted by scam campaigns, and neither will you.
What you definitely should do in order to increase your chances of restoring your lost investment is contact our legal professionals. Our team of recovery experts can help you track your investment and find the way to get it back.
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