BitQS – Trader’s Crypto Trading Bot Review

05.03.2022
Crypto Reviews

There is a whole string of fraudulent websites with similar web designs and similar copies. They play into the fact that bitcoin and cryptocurrencies are known, they are part of the common knowledge but still little understood.

For example, cryptocurrencies are indeed gaining popularity like the website claims. The industry and the underlying technology are still young, so if you want to trade crypto or become a crypto-millionaire, it’s actually still possible. 

Sadly, it’s not going to be through this website. BitQS is not a crypto platform. It’s a fraud. They just want you to leave your contact info with them. Then you will be lured in to make a deposit. And you will never earn money. 

Full review of how to use

BitQS has several websites with a similar name and different copies and designs. It’s a part of the same scam, though. 

You click on the register now button to get a free license for trading or an agent to help you. You will get an offer to register for free. Then you will get contacted by an agent. They will not stop until you deposit money into the platform. You lose it all. Such is the nature of crypto trading, there is even a disclaimer explaining that crypto is risky. And, ironically, that’s also true.

Security: 0

Ease of use: 0

UI/UX: 0

Minimum deposit and payment options: 0

Demo account: 0

Support and tutorials: 0

Profit: 0

Overall rating: 0

BitQS – What is this trading bot

BitQS is not a trading bot. It’s marketing itself like a community of investors. The website speaks about the top-of-the-range trading system. All vague and quite frankly a big red flag. The community manager will contact you… and then you will be tortured to give up your card details or to deposit money on some third-party website, that’s the goal of the scam.

Since there are at least 3 different websites advertising as BitQS, the fun thing (also another red flag) is that they represent BitQS as different things. The oldest version claims that it’s an app, the latest calls it ‘community of investors’. 

BitQS Application / Web Platform Review

BitQS has three different layouts, bitqs.org, bitqs.app, and bitqs.io. While the latter two have older well known scammy layouts, it seems that the .org version is the most up-to-date one. 

The header of the website presents the BitQS logo, with the “official website” label. Under it is the crawler showing crypto/EUR trading pairs with price and percentage of growth. There is a placeholder for the video, but no clip is running yet. Register today and get a community manager to help you set up your trading account. That’s the person who’s gonna call you and push you to make that deposit. 


Next comes a brief text welcoming you to the BitQS community. There are four testimonials by people who joined about a year ago. Then comes the explanation that you need to register, complete the form, be contacted by a broker (by phone), as well a recommended 250 EUR deposit.

Security, licensing, and payments of BitQS

No security, licensing, or payments. You will be redirected to another website and reached by agents, the said brokers, wanting you to deposit 250 EUR minimum.

BitQS – What do traders say?

Reviews on Trustpilot are blank. No users, no reports.

Is BitQS legit? – Final verdict by traders

Scam. BitQS quotes advantages. Hassle-free registration. Other bitcoin platforms require lengthy registration processes. That’s true. Because they HAVE to. There is a protocol called KYC – know your customer. It’s mandatory, legal regulators require it from all respectable crypto platforms. Big red flag there.

Next BitQS claims they accept multiple paying methods, vs other bitcoin platforms that limit a new user to one method of payment initially. Red flag there. It’s not true that legit crypto platforms limit users. 

The list goes on, but it’s clear that this is a fraud, with chain of fraudulent websites.

Tips on checking whether a bot is legit or a scam

Namedropping

Always check if the website mentions celebrities. The most popular bait is Elon Musk, but there are others too, from Mark Lewis to LeBron, to Kanye West, to as we saw here – Gordon Ramsey. 

Copy and Web design

Web design and layout for this kind of site are always the same. Not sure why. Even if they change the actual design (like Anon bot), the layout and the flow are the same. Some truths mixed with the lure of a quick return of investment. 

No support, no contact

The red flag which reinforces the others is when there are no social media links, when you can’t contact the support or when there are no contacts other than a regular website e-mail form.

https://cryptowatcher.info

I think my life changed the day I learned about this amazing guy whom I share the name with - Aaron Schwarz. He was among the first people ever to advocate for freedom of information and the internet, and I feel he would support a great deal of decentralized finance idea if he was alive today. So, I am just another IT guy, super curious about crypto and writing my opinions and analyses here from time to time. Enjoy!

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