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Scam Cryptocurrency Exchanges – 7 Networks of FRAUD!

Lately, we have been witnessing a worrisome phenomenon. Scammers are not satisfied by creating just one website, but they clone their website and create multiple fake websites, which are scam cryptocurrency exchanges that all look the same.

By doing so, they are able to dodge review sites, such as CyberScamReview.com, as well as government websites, such as the British Columbia Securities Commission (BCSC), the UK Financial Conduct Authority (FCA), and the U.S. Securities and Exchange Commission (SEC), which post warnings against scams. For example, if “Scam X” has been blacklisted, the scammers can keep pushing “Scam Y,” and when that is also exposed, they start focusing on “Scam Z.”

And as we shall see below, each scammer utilizes many such clones. We have seen networks comprising more than a 100 websites…

In this article, we will take a look at 7 such scam networks each comprising of different fraudulent websites that look alike.

Each network contains websites that were probably created by the same people. It is also possible that the same group of people are responsible for some or all of these networks.

The First Network: Platform for Blockchain Solutions (Purple)

The base color of this series of clones is purple with slight tints. A distinctive feature is a common slogan, as well as a subtitle on the main page:

We strongly believe that blockchain is the technology of the future. That is why we have created a secure, clear, and easy-to-use platform to achieve the spread of blockchain technology and expand the cryptocurrency community.

Occasionally, scammers replace the logo icon, but mostly they get by with the same thing. The self-proclaimed platform for blockchain solutions offers to use your own crypto wallet, exchange cryptocurrency, buy it and sell it.

Scam Cryptocurrency Exchanges - First Design

Here are some examples of scam sites with this design:

  1. anixchange.com
  2. bincrypto.space
  3. bitcentr.com (defunct)
  4. bitclusive.com
  5. bitexlo.com (defunct)
  6. bitexmol.com (defunct)
  7. bitflame.org
  8. bitledex.com
  9. bitmax.icu (defunct)
  10. bitokbuy.com
  11. bitsand.space
  12. bittlex.com
  13. bittozex.com
  14. change1bit.com (defunct)
  15. changebit.space
  16. coinrace.space
  17. cryxgold.com
  18. exchangecoinbit.com
  19. mindtrade.net
  20. overbitcoin.net
  21. pixcrypt.com (defunct)
  22. spilltrader.com
  23. totocrypt.com
  24. tradebitup.net
  25. tradersmy.com
  26. westabit.com (defunct)

The Second Network: Platform for Blockchain Solutions (White)

It is likely that the same people are behind the first and second networks since the slogan and the main text here are similar to the first design, but now all this splendor is laid out on a white background.

Get in touch with our affiliated Cryptocurrency Forensic Specialists at CNC Intelligence for free by filling out the form below.

    The menu items were given a distinction by removing the first Home section. The title message about the platform for blockchain solutions is no longer typed in solid large letters, but in lowercase.

    In general, the differences are purely cosmetic, even the logo icon was preferred by the scammers, which was already highlighted in the first version on a purple background.

    Scam Cryptocurrency Exchanges - Second Design

    Scam sites of this design include:

    1. beecrypt.net
    2. bitkouz.com (defunct)
    3. bitmax.pw
    4. currentna.com
    5. deltaftx.com
    6. exbiter.com
    7. luxbit.org
    8. orioncoin.in
    9. resorbit.org (defunct)
    10. special-trade.org
    11. swapbtc.net

    The Third Network: Cryptocurrency Investments Blockchain Solutions

    The fact that the phrase “Blockchain Solutions” repeats here indicates this scam may have also been created by the people who brought to you the first two networks.

    This scam cryptocurrency exchanges uses a black background and a large bitcoin logo on its minimalistic homepage. The logo in the form of a series of cryptocurrency pictograms remains unchanged.

    Scam Cryptocurrency Exchanges - Third Design

    A list of domain names where scam exchanges using this design can be found is provided, although it is not exhaustive.

    1. bit-boom.com (defunct)
    2. bitair.net
    3. bitcashex.space (defunct)
    4. bitjabble.com
    5. bitwhitecript.com
    6. cadotrax.com (defunct)
    7. cakecrypto.net
    8. caltenbit.com (defunct)
    9. cedutelex.com (defunct)
    10. cladenbit.com (defunct)
    11. clarexbit.com (defunct)
    12. claxinbit.com (defunct)
    13. clovexbit.com (defunct)
    14. colbitrex.com (defunct)
    15. crypto-wx.com
    16. cryptwex.com
    17. galaxyexchanger.com (defunct)
    18. onxcrypto.com (defunct)
    19. wincoin.space

    Additional sites can be found in our BitcashEx Review.

    The Fourth Network: Bitcoin Exchange You can Trust (Orange)

    In this case, the scammers continued the stylish black and orange color scheme tested in the third version, which suggests the same people are behind both networks.

    The key slogan here is “Secure and Easy Way to Bitcoin.”

    Disguised clones are given out by the favorite logo of the creators of these fake crypto exchanges, as well as menu items and their contents.

    For example, in all seven types of clones, the menu and the content of its main sections are identical.

    The “About us” item matches verbatim. Registration forms are identical.

    Elements related to cryptocurrency rates and their characteristics are also carbon copies on all clones, and they were stolen from the real whitebit.com exchange.

    Scam Cryptocurrency Exchanges - Fourth Design

    Clones of this design type:

    1. allcrypter.com
    2. anobitlex.com
    3. apexinvestment.net
    4. aprilbit.com (defunct)
    5. avaxbit.org
    6. bbit.space
    7. binomotraders.live
    8. bionex.io
    9. bit-shaker.com
    10. bitaden.com (defunct)
    11. bitatlant.com
    12. bitdion.com (defunct)
    13. biteore.com
    14. bitgiran.com (defunct)
    15. bitglobaly.com
    16. bitlychange.com
    17. bitpassion.org
    18. bitpex.eu
    19. bitqeed.com (defunct)
    20. bitrecase.com (defunct)
    21. bitrech.com (defunct)
    22. bitrocket.trade (defunct)
    23. bitscordy.com (defunct)
    24. bitsenoz.com (defunct)
    25. bitxdao.com (defunct)
    26. btcaden.com (defunct)
    27. btcamix.com
    28. btcanyx.com
    29. btcatix.com
    30. btcevaio.com (defunct)
    31. btcheine.com (defunct)
    32. btcwalletpro.com (defunct)
    33. buybit.space
    34. bycoin.org
    35. capitalfxsecure.com
    36. carlexbit.com
    37. chasesecureweb.com (defunct)
    38. clickbitex.com
    39. coiinsbase.online
    40. coinethera.com (defunct)
    41. coinplus.space (defunct)
    42. coinprote.com
    43. concoincenter.com
    44. criptonano.com
    45. crypaden.com
    46. crypatlant.com
    47. crypowert.com
    48. crypsnex.com
    49. crypt-bis.com (defunct)
    50. cryptbite.org
    51. cryptes.space
    52. cryptfill.com (defunct)
    53. crypto-bit.space
    54. crypto-wave.net
    55. cryptoci.co (defunct)
    56. cryptodion.com (defunct)
    57. cryptoexg.site
    58. cryptolab.space
    59. cryptomaxbit.com (defunct)
    60. cryptopea.org (defunct)
    61. cryptowins.space
    62. digitaltrademining.com
    63. docoin.space
    64. dorintrade.com
    65. equinoxen.com
    66. equitypave.com
    67. exactradx.com
    68. exchangese.online
    69. exchangesy.com
    70. exswibit.com
    71. extradecap.com
    72. f-change.io
    73. financexbit.com
    74. gainfxcoinstreamtrade.org
    75. getbitpro.com
    76. gleeccoins.com
    77. gloriousbit.com
    78. hotcrypto.pro
    79. impcrypt.com
    80. kureex.com
    81. majestybit.com (defunct)
    82. malta-fxpro.com
    83. minnersgate.live
    84. moblcoin.com
    85. okfinebit.com (defunct)
    86. okwinebit.com (defunct)
    87. omegaoptionss.com
    88. poechange.com
    89. poeexchange.com
    90. quantumsledger.com
    91. royal-bit.com
    92. royalassettrade.net
    93. royalpoolminers.com
    94. savanatrade.com
    95. scalpingtrade.live
    96. slktrade.space (defunct)
    97. torexcrypto.com (defunct)
    98. tradebit.space
    99. traderchek.com (defunct)
    100. unicryptobank.com
    101. uzibits.com
    102. valcrypto.space
    103. validus-tradeteam.asia
    104. validustrading.asia
    105. wealthwideinvestment.com
    106. wwytrade.com
    107. xenonbit.eu
    108. zeubit.com (defunct)
    109. zurielcryptocash.com (defunct)

    The Fifth Network: Secure and Easy Way to Bitcoin (Green)

    This is a copy of the fourth design, where, while maintaining the layout, slogans and content, only the color scheme was changed: instead of black and orange, the creators of the fake crypto exchange took white and green colors.

    Fifth Design

    Scam cryptocurrency exchanges of this design:

    1. ad-crypto.com
    2. cryptoinflow.net
    3. cryptokreed.com
    4. cryptotradex.ru (defunct)
    5. fxbitoptions.com
    6. kaplytrade.com

    The Sixth Network: Get the Ultimate Profit from Bitcoin

    The design here uses a black and yellow color scheme, with a promotional block reading “We are specializes [sic] on Blockchain Technologies, Smart Contracts, Initial Coin Offering and Digital Currencies.”

    Similar to other designs, elements and verbiage are stolen from a legitimate cryptocurrency exchange. Menu items, About Us section, and Terms are repeated verbatim.

    Scam Cryptocurrency Exchanges - Sixth Design

    Sites include:

    1. befecoin.com (defunct)
    2. bitlychan.com
    3. cilnarix.com
    4. claderbit.com
    5. cladexion.com
    6. clatenbit.com (defunct)
    7. claterbit.com
    8. clotenbit.com (defunct)
    9. coinbitxrade.com
    10. coinfloup.org
    11. crypto-wx.eu
    12. cryptocall.space (defunct)
    13. cryptospace-exchange.com
    14. cvetridox.com (defunct)
    15. cviterbit.com (defunct)
    16. inlinetex.com
    17. market-coins.com (defunct)
    18. moonexbit.com
    19. shine-coin.org
    20. uplinex.com

    The Seventh Network: The Most Secure Crypto Currency

    This design is assembled from fragments of previous versions, featuring the same black-orange-white gamma, bitcoin icon, and logo. The main slogan is divided into two parts and displayed on the slider, similar to the fourth design. The text has been slightly updated, with the focus on being the most secure cryptocurrency.

    Seventh Design

    Examples of websites include:

    1. 01exchanger.com
    2. binanbit.com (defunct)
    3. bitdexrey.com
    4. bitlyciax.com
    5. bitredex.com (defunct)
    6. biturs.com (defunct)
    7. bitverex.com (defunct)
    8. bitxzobe.com
    9. bitzloot.com (defunct)
    10. cladexbit.com
    11. clarixbit.com (defunct)
    12. coinbitxpax.com (defunct)
    13. covinbit.com (defunct)
    14. exchangebitx.com
    15. excoin24.net
    16. peonycoins.com
    17. reforbit.com (defunct)

    Complaints We Received

    On November 27, 2023, we received the following complaint:

    I placed my trust in someone who assured me of profits through Bitcoin mining, but they continuously imposed fees. To cover the final fee, I resorted to taking out a loan, which left me stranded and without any returns. Now, I find myself overwhelmed with debt and facing difficulties in managing even basic living expenses.

    Scam Cryptocurrency Exchanges Warning – Bottom Line

    All of the above websites are obvious scams, which may have been created by the same people.

    Scammers are promoting fake cryptocurrency exchanges with the intention of tricking people into depositing funds. These fake exchanges are difficult to distinguish from genuine ones, due to the lack of regulation in the cryptocurrency sector.

    Some common scenarios used by scammers include messaging people about winning a bitcoin draw, offering training in earning through arbitration, and claiming that an account has been frozen due to the victim’s country of residence.

    To avoid being scammed, make sure to check the history of a site’s domain name and read reviews, while being cautious of obviously promotional ones.

    In conclusion, the rise of these fraudulent websites highlights the importance of exercising caution and being vigilant when investing in cryptocurrency. It is crucial to do extensive research and check with regulatory authorities before investing in any platform that claims to offer cryptocurrency investment opportunities.

    The more informed people are about these scams, the less vulnerable they will be to their tactics. Stay safe and protect your finances by staying informed.

    If you have fallen victim to online scams, please inform us by commenting below. If you have suffered a substantial financial loss, do not despair. We are here to assist you in recovering your funds!

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