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Bitcoin Motion Review
🔴 Bitcoin Motion services are questionable – a warning sign!
🔴 Bitcoin Motion isn’t licensed – a red flag!
🔴 Bitcoin Motion isn’t transparent – a red flag!
🔴 Bitcoin Motion creates unrealistic expectations – a red flag!
What is Bitcoin Motion?
Bitcoin Motion is an an unregulated automated trading platform designed to “help people” trade bitcoin and other cryptocurrencies similar to Biticodes, which we reviewed earlier. Problem with unregulated trading apps is that they are not reliable and abuse the regulations. Make sure to stay away from them as they are anonymous and that they can disappear any time without notice. Companies providing online investment services without a license cannot provide their clients with any sort of protection.
Bitcoin Motion Regulation
Bitcoin Motion is unregulated and most likely totally illegal, which ultimately means that your funds will be in danger if you deposit! So, yet again, there is another reason to stay away from Bitcoin Motion!
As there is no regulation, the people running the trading app can pocket your money while bearing no responsibility for their criminal actions. They can disappear any time without notice. Companies providing online investment services without a license cannot provide their clients with any sort of protection. In contrast, regulated firms are required by law to adhere to a slew of regulations that ensure the safety of clients’ funds. For example, in most jurisdictions, a company will get a license if it meets the minimum capital requirement that varies by country and may also depend on the product specification, business classification and so on.
To make sure you are dealing with a regulated and known investment platform, you should be able to find easily who is the CEO of this investment firm, who is running it etc. Lack of information is a big red flag since you don’t know who will be dealing with YOUR MONEY. This is the reason why they are dangerous to deal with.
On top of that, once you click and provide them with your e-mail and contact number they will ring you immediately and promise you anything to make you deposit money with them as fast as possible. Most of the scammers are experienced manipulators and before you know it they’d ask for your bank card numbers to assist you with the deposit. You shouldn’t provide this information. There is also a chance to become a victim of Identity theft, experiencing many more problems consequently.
Bitcoin Motion Complaints
Depending on the amount of experience people have with trading apps, it may be easy to tell what is legitimate and off-base before the problem starts. However, most of our clients were not aware their platform was problematic before they had already signed up. If Bitcoin Motion shows any of these signs, either avoid them entirely or look very carefully before proceeding:
🔴 Not regulated
🔴 High fees and commissions
🔴 Not enough information on the website
🔴 Poor communication and refusal to answer questions
🔴 Pushy manner
🔴 Keeps mentioning rules and fees that were not outlined in the contract
🔴 Does not let you withdraw money from your account
Bitcoin Motion Products and Services
Bitcoin Motion is not safe, and we say so because it’s an unregulated trading app. They always promise things they won’t deliver, and Bitcoin Motion makes no exception – they claim that customers can earn big money, which is a scam offer seen from any viewpoint! Such promises are ludicrous, and they show that Bitcoin Motion is a suspected scam you should avoid! Beware!
Fake celebrity endorsements were spotted too (fake news article with Tesla CEO Elon Musk endorsing Bitcoin Motion).
Bitcoin Motion Customer Support
Bitcoin Motion allows you to contact them through telephone contact and email. They do not provide any location data. There is no certainty in the contact information available.
You ought to receive an instant reply to your query, if not fast. Nevertheless, fraudsters cut off communications upon receiving your money. It is improbable to deliver a friendly interface without proper customer relations. Active customer support assists in determining more trust in the company.
Are Funds Safe With Bitcoin Motion?
With such lack of information and Bitcoin Motion being unregulated, funds are not safe. Security of funds is a huge problem with unregulated trading apps. A red flag that we noticed is that they are withholding vital information to users. They could go bankrupt from one day to another since there are no banking information about them.
Bitcoin Motion does not guarantee the security of funds. The safety of your money is a top factor to consider in any platform. Any red flag is a warning you should not ignore. Investing your money with anonymous platforms not only puts your money at risk. Your data may fall into the wrong hands attracting criminal activities during the registration process.
Bitcoin Motion Withdrawals
The point at which many of our clients realize they are dealing with a scam platform is when they request to withdraw funds and the platform either won’t allow them or will make it difficult. They may employ the following tactics:
🔴 Will aggressively urge clients to make additional trades. The client often acquiesces because the platform will be quite pushy and make it clear he or she is in control since they hold the client’s funds
🔴 Will charge high withdrawal fees. Many clients will instead try to make more money to cover these high fees and will make more transactions instead of withdrawing
🔴 Cease communication. They may be evasive or simply not communicate at all.
If Bitcoin Motion is doing any of these things to avoid releasing your funds, contact our experts today.
Bitcoin Motion Review: our Conclusion!
Bitcoin Motion is an unregulated trading app to avoid. Their methods for investment are unreliable.
If you have been scammed, leave a comment or if you wish to arrange a free consultation with our professionals, feel free to submit your complaint by clicking the button bellow.
ℹ️ Bitcoin Motion Details
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🖥️ Website URL : N/A
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⚖️ Regulation : None
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🛍️ Investment Plan : Big Profit
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🧭 Headquarters : N/A
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🚨 26/01/2023 : Ontario Securities Commission Warned Against Bitcoin Motion
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🚨 15/05/2023 : Comisión Nacional del Mercado de Valores (CNMV) – Spain Warned Against Bitcoin Motion
🚨 Bitcoin Motion not paying? Share your experience and get help
📋 Fill out the form here and get a free consultation today.
This is interesting as I keep getting a ‘pop up’ on my Bing homepage endorsing this product. If you click the link you are told that Bitcoin Motion has been seen on Dragons Den and even shows a photo of Peter Jones with Lotto lout Michael Carrol. So is this just a fake photo? Carrol says in the article that he is after £750000 investment and he has so far made over £40000 himself. If this is totally fake then why the hell are Bing advertising it? Very odd.
If you check out the photo it is photoshopped and is the same headshot used at the top of the page with a different body.
Scam all day long !
No such thing as get rich quick only get poor quick
Definitely a scam – I was conned out of £1600 in crypto. Mine didn’t lose money, it actually increased to £3344. They pushed very hard to get me to invest more – thank God I didn’t. The issue for me is they won’t let you withdraw any money. I have reported them to the police and am keeping my fingers crossed.
I’ve been scammed and cannot withdraw my money. How do I go about getting it back?? I have reported the company to Action fraud but who else should I contact??
An update to my comment above. I told them that I’d reported them to the police in the UK via Action Fraud. I also reported them to the regulator in Cyprus, which I believe is were they are based. This ruffled their feathers and prompted them to get their ‘floor manager’ to call me. He argued for some time that I should withdraw my complaints, as the regulator (cySEC) had told them to suspend the idiot who had been pressuring me. I refused and eventually, they agreed to refund my money, in Bitcoin, on the understanding that I would notify both police and cySEC that my complaint was resolved. They then sent me 2/3 of my money. I immediately contacted them and said I wanted all of it. They tried to make out that the remaining sum was for ‘management and accountancy fees’. I refused to accept that, as there is no reference to it in the Ts & Cs, and I said my complaints of fraud still stood. Reluctantly, they then apologised for any ‘misunderstanding’ and refunded all of my money. Moral? DON’T QUIT – you CAN get your money back, plus a sizeable profit in my case, if you are persistent enough, and complain to the right prople!
I was conned by a guy called elon musk( i know) it was bitcoin also. When i blocked him on WhatsApp he found me on telegram. Persistent for one week solid ir looked so professional & authentic. Warned him police. fCA & banks all notified. He called me an idiot for missing such a great opportunity. Made my life hell and emptied all bank debit visa cards and credit cards. As i write this he is still going on telegram & i cant get him deleted. Another scam in Pavontradefx. Theu email etc. Everythung to help you get back your money only thing is you have to upgrage 1500$ to withdraw your money bitcoin scammed from you. Any advice from other victims that would be greatly appreciated.