With global interest towards cryptocurrencies once again at an all-time high, investors all over the world are currently looking to cash in on the ongoing digital currency boom. Additionally, with India recently repealing its blanket ban on virtual assets, it is expected that the coming few weeks will see the price of premier digital assets (such as Bitcoin, Ethereum, etc) soar quite substantially.
With that being said, it bears mentioning that in recent weeks, a number of scammers have once again emerged out of the woodworks to lure in unsuspecting investors of their hard-earned money.
See a Real Cryptocurrency Investment Opportunity Here
What is Bitcoin Trade Group (BTG)?
As per the official company website, The Bitcoin Trade Group aims to serve as a comprehensive crypto education platform that provides users with a host of daily market reviews, trade signals that can be used by investors to maximize their immediate, as well as, long term returns.
With that being said, straight of the bat, we think that this project is a scam. For starters, the creators of the project have been identified only by their pseudonyms — i.e. Scarface, Mayne, and Mr. TA. This in itself should send out a whole host of warning signals in the minds of potential investors, since most legitimate platforms make it a point to disseminate as much information possible in regards to their core team members.
Suspicious Signs Regarding BTG that are Worth Highlighting
(i) Outlandish claims: The folks behind BTG claim that their traders cover 3 market sessions – US, London, & Asia – in real-time, thereby providing users with lucrative buy/sell opportunities round the clock. This data, however, cannot be verified.
(ii) Fake Testimonials: The official product website is littered with a number of dubious testimonials from individuals named “SweetasBromigo”, “Spicy”, who claim to have made insane daily profits thanks to the trade advice provided to them by Scarface and Mayne.
(iii) Subscription Packages: Before receiving any “expert advice” from the team behind BTG, users have to subscribe by shelling out a minimum of $189 or $499. This is a scam tactic that is commonly employed by operators of various cash grab schemes (it was extremely popular all through the ICO boom of 2017.)
(iv) Lack of Details: The BTG website is strewn with a host of generalities and there is hardly any factual data to back up the claims put forth by the company. Not only that, we did a quick Who.is search to obtain the details of the people running the platform and found that all of the info regarding the project had been masked — thereby leading us to believe that BTG is being run by people looking to make a quick buck.
Conclusion — SCAM
In our humble opinion, BTG is a big scam that has been designed to steal money from hard-working people. Not only are there no details available in regards to the core team behind the product, but even the general outlay of the website looks quite shabby and of sub-par quality. Thus, we would like to request our readers to refrain from investing in this platform.
