Have you heard of Bitraxe Trading? Have you being approached by someone on Discord saying you won a Bitcoin giveaway? Do you want to know if it is scam or legit? Read this review to find out more about Bitraxe Crypto trading Investment.
What is Bitraxe
Bitraxe located at Bitraxe.com is a scam website that claims to trade Crypto. It was created for people interested in crypto markets but had little knowledge about trading or how cryptocurrency works. It also claims that it is the cryptocurrency exchange platform that makes digital currency operations easy and affordable for everyone.
According to the website it claims to offer safe storage to manage digital assets using a combination of cold wallets & Multi-party computation (MPC) technology, it also use the latest technologies to keep funds safe, and stay ahead of vulnerabilities and exploitation attempts.
The app claims to have been built around a proven-formula for winning trades & that all you need to do to begin profiting is simply make a deposit & then activate it.
However this Bitraxe is a scam, it So it sends some btc to wallet by using a referral code on their exchange but in order to withdraw any bitcoin you are asked to deposit 0.015btc minimum. This screams FAKE.
The people behind these scams simply keep on launching new “systems” and “apps” under new names like Dotxbep, Dotxdex in an attempt to escape the negative reviews so that they can continue tricking people into joining.
There is no doubt that that Bitraxe is a scam as several people have left some negative reviews online calling it for what it is, A SCAM.
Bitraxe.com is a page about trading btc and cryptocurrencies.
Someone send me 0.94 btc to save his money because he said I have lost my phone.
The next day he asked me to help him with the withdrawal.I tried but the website first asked me to do deposit of 0.01 btc, after I tried to do withdrawal the website asked me to deposit 0.03 btc.After I deposited, I tried again to do withdrawal, it said you should connect your trust wallet.I connected my trust wallet adresses, all my money in trust wallet get lost , and I still can’t do the withdrawal
skdannyx
Conclusion
From the foregoing, it is clear that Bitraxe Trading is a scam just like Dotxbep and Dotxcap which we reviewed earlier, Investors should be wary of such sites as their aims are to rip off unsuspecting investors.
