Bitcoin Evolution is added to the list of similar sites that says “Cryptocurrencies are making people rich and you can become the next millionaire”. In other articles, we have highlighted how this way of proposing a financial service (although we don’t know exactly which one) is not really serious. In fact, it’s one thing to offer a service, it’s another thing to entice customers by telling them that they can become millionaires.
To trade bitcoins and cryptocurrencies in a serious way, it is advisable to use legal platforms of regulated brokers, such as 24option. This platform is one of the best known in the industry and in its long experience can count on first level collaborations, such as the partnership with Juventus F.C.
In this article we will try to discover more elements of Bitcoin Evolution, based on clues on the web. Here below you find top regulated platform where you can trade on bitcoins. Some of them like eToro are legal also in the USA.
Platform: etoroMinimum Deposit: 200 €License: Cysec
- Copy the BEST Traders
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Platform: Iq OptionMinimum Deposit: 10 €License: Cysec
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Platform: plus500Minimum Deposit: 100 €License: Cysec
- Among the best CFD brokers
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Reviews on Bitcoin Evolution
The opinions of the vast majority of websites specializing in online trading, financial instruments and cryptocurrencies seem to all agree towards one opinion: Bitcoin Evolution is not credible. This is their opinion and we can only take note of it.
But why did they come to this conclusion? Well, first of all, as we said, it’s certainly not serious to introduce yourself to visitors saying “you can become the next millionaire”. Sure, I could leave the house and find a suitcase full of millions of euros in cash, but how many chances would I actually have to find it?
With Bitcoin Evolution, it’s a bit the same thing. Moreover, when you propose a financial service (of which we will try to understand how it works) you can certainly not leverage the hopes of people. In addition, Bitcoin Evolution has used the faces of Bill Gates, Jeff Bezos and other personalities who certainly have not become millionaires for bitcoins to do it. Also, you have to specify that these characters are billionaires. They may have made statements about bitcoin, but certainly not about Bitcoin Evolution.
In short, Bitcoin is one thing, Bitcoin Evolution is another.
Reviews on Bitcoin Evolution
Bitcoin Evolution has therefore obtained several negative reviews from many sites and as you can well understand it will not receive a positive review certain from ours. It would only take the way in which it tries to grab customers, to push it to the bottom of the ranking of all kinds.
Added to this is the service, which we’ll talk about shortly.
Another objectively ambiguous aspect is that the same format of the Bitcoin Evolution page can be found in other sites we have already mentioned. Just compare it for example with Bitcoin Revolution (look at the initial R), Bitcoin Profit, Bitcoin Trader, Bitcoin Victory. Last but not least, although there is nothing sweet, even Bitcoin Code.
We want to point out that all these sites have nothing to do with the official site of Bitcoin nor with its project.
How to Trade Cryptocurrencies the Right Way
If you want to trade bitcoins or other cryptocurrencies seriously, you should choose a legal, regulated and possibly reputable broker.
You can choose one of your choices on our page dedicated to the best trading platforms, however, when it comes to cryptocurrencies, you could personally evaluate 24option because it offers a good selection of cryptocurrencies, opposed in different currencies with different currencies (euro and dollar in the first place).
24option allows you to trade bitcoins upwards and downwards via CFDs. These are tools that allow:
- to obtain results with both increases and decreases
- not to invest the full value of a cryptocurrency
- to operate in safety since it has a CySEC license
How Bitcoin Evolution works
Let’s try to contrast what we said earlier with licenses and permissions to what Bitcoin Evolution offers on its page.
First of all, it has to be said that no license number or regulator name is shown, which is why the aspects that consumers should legally guarantee are not shown. There is only one registration form, which apparently is followed by another form to make the payment of 250 euros or more. In order to convince the user to make such a deposit, of course, there is no shortage of the inevitable call.
European legislation, including ESMA, requires all operators in the financial sector to comply with the rules on consumer protection. In this context, financial services cannot be promoted by encouraging customers to invest because they can become millionaires.
This would be enough to make Bitcoin Evolution out of law or better out of regulation (therefore incorrect), which, therefore, in conclusion, joining the opinions and reviews on the web, we strongly advise against using.