Home » Topics » Scam Analysis and Research » BibitTrade.com: A Fake Crypto Trading Platform Exposed
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    satish
    Keymaster

      BibitTrade.com has been identified as a fraudulent cryptocurrency trading website, luring users with promises of unrealistic returns and fabricated credentials. The platform claims to offer a staggering 60% return on investments within a short period, but investigations reveal these claims are baseless.

      A closer look at BibitTrade.com’s “Team” and “Top Investors” sections exposed these profiles as fake, with no verifiable information or legitimacy behind them. Users report losing significant sums, including one individual who confirmed a loss of 605 USDT through the platform.

      Transaction Details

      • Receiving Address: THLCCWBn5TJaeYB7fjjZ2tD6Gu9KttuUsG
      • Amount Lost: 605 USDT

      The platform employs tactics common to crypto scams, such as high-pressure tactics to invest more funds and unfulfilled promises of high returns. After receiving investments, users often find themselves unable to withdraw their funds, with customer support becoming unresponsive.

      Domain Information

      • Domain: bibittrade.com
      • Registrar: HOSTINGER operations, UAB
      • Registered On: February 13, 2024
      • Expires On: February 13, 2025
      • Updated On: March 19, 2024
      • Registrar Abuse Contact Phone: +37064503378

      Warning Signs

      • Unrealistic return promises (60% ROI).
      • Fake team and investor profiles.
      • Reports of unresponsive support and blocked withdrawals.

      Users are urged to stay vigilant and avoid investing in platforms like BibitTrade.com without verifying their authenticity. If you’ve been affected by this scam, report the incident to local authorities and share your experience to prevent others from falling victim.

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