Biteqs.com has emerged as a fraudulent platform that targets unsuspecting investors through deceptive cryptocurrency trading schemes. Specifically, this site has been implicated in scams involving XRP, leading to significant financial losses for its users.

Biteqs.com Scam Overview

The primary tactic employed by biteqs.com is the promotion of fake trading opportunities, enticing individuals with the promise of high returns on investments. One user reported losing approximately $2,560 after engaging with the platform, believing it was a legitimate way to trade cryptocurrencies. Unfortunately, this user discovered that the platform was a scam, designed to manipulate investors into parting with their money.

User Reports and Trustpilot Reviews

Trustpilot reviews have surfaced that highlight the fraudulent nature of biteqs.com. One user recounted their experience, stating,

100% scam. Let you withdraw 3 times, then tried saying I had to send 700 USDT to verify. I did that, but due to fees, it was short. They claimed it wasn’t verified because it wasn’t exactly 700. After going back and forth, they changed their demands, saying I needed to upgrade to premium for another 1,200 USDT because my account was over 3,000.” This review exemplifies the tactics employed by scammers to create obstacles for users attempting to withdraw their funds, further trapping them in a cycle of deceit.

Cryptocurrency Involvement

The scammers associated with biteqs.com also utilize cryptocurrency to facilitate their operations. Users have been directed to send funds to the following address: rMrBAzHAHBtY7DvkSf8JkAsxn89HBnXoLD. This address has been tied to fraudulent transactions involving XRP, underscoring the platform’s reliance on cryptocurrency to evade detection and accountability.

Biteqs.com Domain Analysis

A closer inspection of the domain biteqs.com reveals several concerning details:

• Updated Date: 2024-09-02
• Creation Date: 2024-08-02
• Registry Expiry Date: 2025-08-02

The short time frame between the domain’s creation and its updates indicates that the site was hastily established, likely with the intention of scamming users before disappearing. The registrar’s contact information, including an abuse contact phone number of +1.4805240066, suggests that there may be avenues for reporting the fraudulent activity.

Biteqs.com Conclusion

Biteqs.com is a blatant scam that preys on unsuspecting cryptocurrency investors through fake trading opportunities, particularly involving XRP. User reports reveal significant financial losses and manipulative tactics designed to keep individuals from withdrawing their funds. To protect yourself from such scams, it is vital to conduct thorough research and remain cautious when engaging with cryptocurrency platforms that promise quick returns. If you believe you have been scammed, report the incident to the appropriate authorities and seek assistance in recovering your funds.