Bitcoin trading continues to be one of the attractive markets for many individuals to invest anywhere around the world.

However, investing in Bitcoin involves many frauds, phishing, and practicing all kinds of deception to gain some digital currencies.

In 2018, scammers stole nearly $1 billion in cryptocurrency.

In another report, it indicated that 95 percent of the cryptocurrency trading websites available today are fake and running scams.

Bitcoin.com has released a list of Bitcoin and Crypto-related platforms that everyone should be aware of in order to stop the spread of fake websites in the crypto industry.

3 Most Popular Fake Bitcoin Trading Sites in 2020

There are three major bitcoin websites accessible on the internet today that users should think about first before investing.

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If you wish to know the similarities between them, they all offer tempting offers and unimaginably high returns.

Bitcoin Code platform

One of the fake and fraudulent platforms that there are many negative reports about is the “Bitcoin Code” platform, where this fraudulent platform promises to provide investors with guaranteed gains.

For example, “Bitcoin Code” offers users to invest a minimum of $250 or more and make triple profits of more than $10,000 within 24 hours.

“Bitcoin Doubler” platform

The “Bitcoin Doubler” site is also one of the sites that many users warn of due to the fraud and scams carried out by the organizers of this platform.

A site similar to the “Bitcoin Doubler” is a multiplybitcoin site that asks users to enter an email address, bitcoin address, and other contact information.

After you’re done it will tell you that big returns are waiting for you in just a matter of hours.

If you have sent your Bitcoin on these sites, do not expect or expect anything in return.

Bitcoin Trader website

“For a limited time only!” or “Time is running out!”

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These are some of the common phrases that many scam sites and platforms use to hunt down their victims.

Both of these sentences can be found on the Bitcoin Trader website.

The way this site works is exactly the same as the way the previously mentioned sites work, as this site suggests its users to send deposits from their account and “instant money” will be sent to them.

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As usual, fraudulent sites do not make any of their promises regarding doubling the cryptocurrency.

Additional website targeting Arabs

Many websites targeting Arabs have appeared, known as the “Cryptocurrency Bank”.

These fake and fraudulent platforms are based on promising investors guaranteed gains for individuals.

Where the site claims to be able to exchange digital currencies at attractive prices and a guaranteed way to make profits.

So we always repeat on Arab bitcoin site It is necessary to be careful and not to fall victim to such sites. the link.

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