Warning: Is Bitrase a Scam?

Bitrase (bitrase.com) - Legit or Fraud?

We audited Bitrase (bitrase.com) and discovered disturbing issues.

Bitrase presents itself as a financial platform, but it is unregulated by any top-tier authority, such as the FCA or SEC.

Victim of Bitrase?

Are you unable to withdraw your investment from Bitrase? Fill out the form below to talk to cyber-forensics experts for a complimentary assessment.

Can You Trust Bitrase?

Our check shows that Bitrase does not hold a valid license.

Trading with unlicensed firms is extremely unsafe. Trusted firms are must be registered with bodies like the FINRA or FCA to protect investors.

Bitrase operates without this protection. This means there is no legal recourse if they keep your funds. Most online scams use unlicensed actors, and recovering funds from them is challenging without expert help.

For instance, in the UK, unauthorized firms are not covered by the compensation schemes. In America, they are not part of SIPC, so your capital is completely exposed.

How Bitrase Might Scam You

Online trading fraud is evolving. Fraudsters use psychological tricks to steal wealth. Below are common methods used by brokers like Bitrase (bitrase.com).

Pig Butchering & Romance Scams

"Pig Butchering" is a brutal tactic where scammers build trust over months. They build a relationship online. Once trust is built, they introduce a secret crypto opportunity. It's a trap to get you onto a fake platform like Bitrase.

The "Bonus" Trap

Scammers create websites that look exactly like legit trading apps. They have charts and profits that increase. But it is a game. The scammer manipulates the numbers to convince you so you invest more. When you try to withdraw, the "profits" disappear.

Other Warning Signs

• Unsolicited Contact: They call you from "brokers" you don't know.
• Unregulated: The company has no legal registration.
• Guaranteed Profits: They guarantee huge profits with no risk.
• Withdrawal Issues: You cannot get your money out. They ask for "tax fees" before releasing funds.
• Pressure Tactics: Agents push you to invest bigger amounts.

Ignore positive ratings. Fraudulent brokers frequently write their own 5-star reviews to appear real.

Conclusion

Bitrase is unsafe. It appears to be a fraud. Protect your money and find a regulated broker. Avoid bitrase.com at all costs.