What Is BitGenX?
BitGenX is said to be a software that give you free Bitcoin. The false claim is that you will get free bitcoins within a matter of minutes by just adding your address and choosing how many bitcoins you want. This is an illegitimate scam for sure.
Bitcoins are worth thousands of United States dollars for a single one and there is no way that someone would just give one away for free. The catch is they want your bitcoin wallet address, which is something you definitely don’t want to be given away to just anyone. This is more or less a fishing scheme looking to take advantage of people in one way or another.
How BitGenX Bitcoin Generator Helps You Earn More Crypto
The way this website is said to work is by you telling them how much Bitcoin you want by sliding the moveable bar on the first box of the website, then you enter in your Bitcoin Wallet ID. After that, you click the button and in a half an hour or less time, you are promised to get your Bitcoins delivered straight to your wallet.
Two possible scenarios will take place with this website, which looks to be a complete scam. But for the sake of this article, the first possibility is it’s a scam or they are simply looking for a way to get your bitcoin ID. It likely is a way to exploit mining operations or something of that nature. Either way, there is no reason you should be giving them your web address. Especially considering that this is actually a website that wat shut down a while ago under a different URL address name.
If something feels like a scam, it usually is – and this definitely feels like a scam of some type. It’s a highly dangerous, shady looking website. It’s always best to stay away from websites that promise you can get free bitcoins, they’re just too expensive and rare to give away for free. The short road never works, fast money promises is typically a scam situation. Bitcoin is a worthwhile investment, but getting free Bitcoin is something that simply doesn’t happen.
Using a site like this could end up hurting you in the long run. They claim that the chat box is 100% real at the bottom of the webpage, but there is no reason to believe that it is whatsoever. It’s likely just a bunch of bots, or people from the website chatting.
Fraud is all too common these days, especially with cryptocurrency because of its anonymous nature. It’s one of the downsides of working with a currency that is anonymous. There will always be a percentage of people looking to take advantage of others as long as there is money to be made. That is why it’s so important that you protect yourself.
Basically, if you want to get involved with Bitcoin, do it the right way. Stay away from websites like BitGenX and protect yourself. Be careful of any websites that look illegitimate. Because there are people everyday who go to a site like this, thinking they’re going to get free money – only to learn later that it’s a fraud and somehow or another they end up getting taking advantage of by people don’t care.