Top reasons why its a SCAM
How to use Bitcoin Superstar – full review
Many crypto platforms are competing to provide the best accessibility, coin coverage, and conditions to prospective traders. The market for cryptocurrencies is steadily expanding, but it’s far from saturated. This means that trading platforms are vying hard for the attention of newcomers with as good of an offer as they can.
This is all good news for users because competition between these various entities ensures that the crypto environment is dynamic and continues to work hard to satisfy their needs.
The crypto world is new to some people and the tech lingo can be very enthusiastic. This opens up an opportunity for less-than-honest entities to swoop in and prey on the less experienced and informed.
Let’s dive into Bitcoin Superstar and see what the creators of this platform have prepared for us.
What is Bitcoin Superstar?
Multiple similar search results are a staple of crypto scams. All three are fairly dissimilar, but they do share the emphasizing “Official” in the title which gives cause for suspicion. For an up-and-coming platform in a competitive and dynamic world of cryptocurrencies, it seems like a rather strange decision to create 3 different websites.
Multiple websites are not uncommon when it comes to scam crypto trading bots. Another example is Crypto Code, which we also discussed in our review.
And by different, we can see it’s not just the titles, but the domain names as well as metadata description. For example, only one of these mentions AI technologies, clearly suggesting the use of a trading bot, but none of the websites make any clear claim about such software.
The domain names are surprisingly legitimate-sounding, with the creators opting to use a .com on one of these. More on that later.
Taking a look at the websites themselves we can see 3 completely different logos. This is another incriminating detail because logic dictates that you would want to make your brand as recognizable as possible. Here we can see different designs as well as color schemes.
What are other red flags with Bitcoin Superstar?
The signup forms on all 3 are very dissimilar, in fact, the rightmost one is a pop-up window generated by what seems to be an exit-intent application on the website. That is a rather strange use of this feature, but there are other things to note here.
First, the website is in German with no option to translate it. Second, the signup on the initial website differs from that of the popup. Compare the rightmost picture above with the following one.
The one from the popup requires a phone number, while the original one, on the website, does not. It does however contain a disclaimer regarding their use of your phone number. Strange.
To make matters even more strange, this isn’t even the first website change we are going through. The initial web address has a .vip domain, but when we go in and try to sign up we are taken to another, .com website, only to be later funneled to yet another website via the popup.
All this gives a lot of cause for suspicion that what is really going on here is not exactly well-meaning.
As regards the content of the websites, the inconsistencies mount. Only one of the websites mentions the mobile app specifically. The same one mentions the ai trader bot as a feature but does very little to talk it up. Its Google play store page reveals more confusion. The same company has made 3 different websites with the exact same description and same function.
Next, there is the suspicious website that’s in German only. It provides English (only) disclaimers but provides no option to switch languages. Regional accessibility is certainly laudable but it does strike as strange that a trading platform would not include English as an option at all. Then, there are some claims differing between the websites.
For those who can’t read German, the top website claims it charges no fees or commissions whatsoever, mentioning brokers specifically. The bottom website says something different entirely. Then that same website gives the following piece of information.
By now, people should be developing a knee-jerk reaction to “daily ROI of up to 60%”. This exact wording is used by many scam sites and is problematic for several reasons. First, legitimate platforms express projected gains in APY. Second, 60% is a very high number appropriate only in the wildest periods of a bull run phase.
But why limit it to 60% in the first place? If the market happens to go up by 200%, then the value of your wallet should mirror that. Of course, such a thing hasn’t happened so far. Another thing is the sheer mathematics of it. Making 60% on your investment daily would suck the world dry of all existing money by the end of the year even with a very small initial investment.
Between the conflicting claims and unbelievable promises we’ve gathered some clues about what may be going on, but what else can we find out looking at this entire scheme. Trustpilot gives us the following results
First of all, it has revealed yet another website, probably hidden deep down the Google search results – the .io website. Looking at it we can see that it’s, again, suspiciously only in German. It bounces us to yet another website, again in German only, but containing all the suspicious elements from above, including the phone number request upon signup.
Looking up both of these addresses reveals no such companies registered at these addresses. The third result is an empty review page with no ratings but something interesting in the “contact” field.
If the above pages included the German and English address because the company truly had a presence in those countries with the intent to better reach the German customers, why does this page have the “about” section in German, yet the address is registered in the UK?
Looking up the domain registry information over ICANN, we can see that the .app and .vip sites have been registered using Cloudflare which is notorious for being a venue for all sorts of shady websites because it hides the website’s hosting provider and other details.
For some scams, we can find out user reviews that will reveal their true scam nature. This is the case with many software, such as Bitcoin Champion.
FAQ on Bitcoin Superstar
What is Bitcoin Superstar?
After 5 or so websites it is hard to tell. Some tout it as a platform, others make more or less mention of a trading bot. What it is, is a way to scam people out of 250$, and for some reason, the scammers seem to be targeting Germans with this one.
Is Bitcoin Superstar a scam?
Yes. Analyzing the websites gives so much conflicting information that the only possible conclusion is that the scammers are casting a wide net here.
How much money can I make with Bitcoin Superstar?
You will lose money and time with Bitcoin Superstar.
Is Bitcoin Superstar legit?
No, it is not. Between hiding the owners and domain registry info and bouncing the user through multiple websites, none of this should inspire confidence in anyone. Stay away from this.