The Truth About Bybitexno: Legit or Scam? Our Review

Recently, Bybitexno.com service popped up, promoting itself as a platform where you can safely store cryptocurrency and other assets. I managed to gather reliable supporting information that clearly indicates it is, actually, a fraudulent platform.

Despite what Bybitexno site states, they won’t pay off your funds. Despite the money displayed in the “member area”, there is absolutely no means to retrieve even a single penny. All pledges regarding crypto incentives are empty as well.

It is better to prevent, than repair and repent!

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Bybitexno Scam Overview

The key service that Bybitexno attempts to provide is a protected and convenient crypto wallet service. The website pledges exchange solutions, tools for managing wallets, transfers, dashboards, and similar functions. In fact, they try to emulate the functionality of a crypto marketplace, akin to Binance or Coinbase. However, it in fact only serves as a cover needed to deceive the cautious.

Bybitexno Scam

First and foremost, Bybitexno mimics the layout of many similar online platforms. There are quite a few examples, like Bstxstake, Bitwortex or Bitezot. They are entirely identical in terms of graphic elements, with slight discrepancies in the webpage header. Other details, and at times even crypto wallet addresses, are identical. Most likely, all these scam online platforms are operated by the same group of frauds.

Cryptocurrency Scam Summary

How the Bybitexno Scam Works?

Bybitexno is yet another website within a extensive network of linked crypto fraudulent platforms. The operators utilize different brand identities and sites, like Bybitexno.com, to ensnare victims. However, these fraudulent websites possess identical designs, terms of service, and About Us information. This exposes their origins as a part of the equal fraudulent network, which endorses the similar mode of deception under different disguises. The scammers just copy the equal deceptive site under diverse names to deceive users into assuming they are participating in a fresh venture. However, in reality, it’s the identical group of swindlers orchestrating the deceptive promises and undertakings to take deposited funds. The administrators skillfully make use of psychological tactics and captivating propositions to implement their dishonest schemes.

Step 1: Spreading

To begin the fraud, criminals create and fill accounts on well-liked social media platforms. They mainly focus on Facebook, Instagram, Twitter, and TikTok. Subsequently, the marketing campaign starts. Using bots and paid advertisements (when achievable), fraud actors intensify the exposure of their fraudulent activities to potential victims. This strategy enables them to create an extensive net and interact with their aimed viewers. This audience commonly consists of cryptocurrency fans searching for prospects to earn profits.

Users get an encouragement to enroll, drawn by the assurance of obtaining crypto rewards valued at hundreds of dollars, all for free. To enhance the appeal of the offer, fake claims of cooperation with a celebrity are added. As you may guess, these claims are entirely baseless.

Step 2: Gaining Traffic

People who demonstrate interest check out Bybitexno.com via links featured in promotions or robotic posts. The site employs captivating visuals, design elements that appear legitimate, and assertions of having a legitimate license, all aimed to convey an initial impression of credibility.

Step 3: Data Gathering

To redeem their prizes, users need to proactively sign up on Bybitexno and get guidance to provide sensitive and private data during the registration procedure. This includes linking their cryptocurrency wallets, revealing email addresses, supplying phone numbers, sending in identification documents, and more.

Step 4: Requesting funds

Once registered, users witness substantial amounts of cryptocurrency, valued at thousands of dollars, within their Bybitexno wallets. Nevertheless, as is standard with such bonuses, you are unable to withdraw them prior to topping up your account. Normally, a payment of $100 is required to get the sign-up bonus. This condition serves as the snare that ultimately results to the money loss.

Step 5: Disappear

The point in time the funds transfer is submitted, the fraudsters terminate all communication. They go ahead to block users, erase accounts, and abscond with both the deposited capital and vital individual information. The fabricated prizes remain perpetually uncredited, as they lack real existence. They function purely as a deceptive maneuver. This method forms the foundation for the scammers’ ability to deceive victims and embezzle hard-earned money through their double-dealing web crypto scam.

Signs of Scam

I gathered several facts that point at the scammy nature of the Bybitexno.com. Actually, there are a lot of scams that fall under the same points, so they are pretty much universal.

• False Celebrity Sponsorship. Bybitexno often resorts to fake endorsements from celebrities such as Elon Musk, Jeff Bezos, Mr. Beast, and Mark Zuckerberg. This fraudulent tactic extends to claiming partnerships with reputable companies like Coinbase, Binance, or MetaMask, despite lacking any genuine affiliations.
• Cryptocurrency-Only Payments. Bybitexno.com exclusively accepts payments in cryptocurrencies, rejecting traditional bank transfers and other methods. This approach not only masks the company’s identity but also eliminates the possibility of seeking refunds.
• Dubious Company Information. Bybitexno raises suspicion by withholding essential ownership, location, and registration details. Furthermore, the absence of legitimate contact information and the recent establishment of domain and social media pages intensify skepticism.
• Unsubstantiated Hype. Bybitexno.com employs groundless hype tactics, fabricating events like securing contracts with Coinbase or receiving endorsements from Elon Musk. These manipulative techniques aim to instill false confidence and encourage further investments.
• Potential Pyramid Scheme. The scam relies on a structure resembling a Ponzi scheme, leveraging a referral system spread through social media. However, only initial participants benefit, often at the expense of subsequent investors.
• Implausible Claims. Promising returns of 50-100-200%, Bybitexno preys on the desire for quick profits. Yet, the volatile nature of the cryptocurrency market makes such gains highly unlikely, definitively labeling Bybitexno as a scam.

What Should I do as a Victim?

If you had to deal with Bybitexno site and fell victim to that scam, there are still some steps to take. They will make further scam attempts harder, and also boost the knowledge about that scam among folks.

• Report the scam to authorities. Search for local authorities responsible for financial frauds, and also notify wallet providers and social networks via their tech support. It is essential to make the further operations of these scammers much harder.
• Tell your close friends. That step is similar to reporting to the authorities, and has similar effects. By posting info about scam crypto service, you decrease the pool of people they can fool.
• Get evidence. Screenshot or save all the information related to the website. URL, screenshot of a main page, login window, EULA, account top-up menu, wallet addresses – all these things may be useful for authorities to find the scammers.
• Check whether you can ask for a refund. As I’ve said above, crypto payments do not fall under refund policies in most banks. Nonetheless, in some circumstances, it is still possible. Never lose hope until you actually confirm it is gone.
• Make your mistake your lesson. Financial losses are always a reason for frustration, but let’s imagine it was a pay for scam revealing courses. Remember the key features of these crypto scam sites, the way they attract people and what they promise. In the future, you will easily recognize a trap of spending no money.

Scan your system for possible malware infections

Beware of cross scams! Scam actors can use your trust to make you download some stuff or interact with certain documents. It may be a trap that installs malware to your system. There are no moral barriers or limits for these scoundrels.

Throughout the duration of the scam, scoundrels may get in touch with you with particular documents. Alternatively, they may propose you to install “cryptocurrency wallet applications” or “browser extensions” to streamline access to your cryptocurrency savings. As we already determined, these deceivers have no plan of giving back your money. So, what can these emails and browser plugins represent? Correct – that is another side of the deceptive plan designed to throw you into willingly installing destructive applications onto your computer.

Both extensions and attachments added to emails can serve as a shell for various malicious code. In this situation, I expect the presence of spyware and stealers among all kinds of malicious programs. While it is not obligatory for scammers to distribute malware, the probability is always existent. As stated, their conscience is of no concern, and their reputation is already deeply compromised. They have nothing to give up and intend to boost gains.

Remove spyware with Gridinsoft Anti-Malware

We have also been using this software on our systems ever since, and it has always been successful in detecting viruses. It has blocked the most common malicious programs as shown from our tests with the software, and we assure you that it can remove spyware as well as other malware hiding on your computer.

To use Gridinsoft for remove malicious threats, follow the steps below:

1. Begin by downloading Gridinsoft Anti-Malware, accessible via the blue button below or directly from the official website gridinsoft.com.

2.Once the Gridinsoft setup file (setup-gridinsoft-fix.exe) is downloaded, execute it by clicking on the file.

3.Follow the installation setup wizard's instructions diligently.

4. Access the "Scan Tab" on the application's start screen and launch a comprehensive "Full Scan" to examine your entire computer. This inclusive scan encompasses the memory, startup items, the registry, services, drivers, and all files, ensuring that it detects malware hidden in all possible locations.

Be patient, as the scan duration depends on the number of files and your computer's hardware capabilities. Use this time to relax or attend to other tasks.

5. Upon completion, Anti-Malware will present a detailed report containing all the detected malicious items and threats on your PC.

6. Select all the identified items from the report and confidently click the "Clean Now" button. This action will safely remove the malicious files from your computer, transferring them to the secure quarantine zone of the anti-malware program to prevent any further harmful actions.

8. If prompted, restart your computer to finalize the full system scan procedure. This step is crucial to ensure thorough removal of any remaining threats. After the restart, Gridinsoft Anti-Malware will open and display a message confirming the completion of the scan.

Remember Gridinsoft offers a 6-day free trial. This means you can take advantage of the trial period at no cost to experience the full benefits of the software and prevent any future malware infections on your system. Embrace this opportunity to fortify your computer's security without any financial commitment.

Trojan Killer for “spyware” removal on locked PC

In situations where it becomes impossible to download antivirus applications directly onto the infected computer due to malware blocking access to websites, an alternative solution is to utilize the Trojan Killer application.

There is a really little number of security tools that are able to be set up on the USB drives, and antiviruses that can do so in most cases require to obtain quite an expensive license. For this instance, I can recommend you to use another solution of GridinSoft - Trojan Killer Portable. It has a 14-days cost-free trial mode that offers the entire features of the paid version. This term will definitely be 100% enough to wipe malware out.

Trojan Killer is a valuable tool in your cybersecurity arsenal, helping you to effectively remove malware from infected computers. Now, we will walk you through the process of using Trojan Killer from a USB flash drive to scan and remove malware on an infected PC. Remember, always obtain permission to scan and remove malware from a computer that you do not own.

Step 1: Download & Install Trojan Killer on a Clean Computer:

1. Go to the official GridinSoft website (gridinsoft.com) and download Trojan Killer to a computer that is not infected.

2. Insert a USB flash drive into this computer.

3. Install Trojan Killer to the "removable drive" following the on-screen instructions.

4. Once the installation is complete, launch Trojan Killer.

Step 2: Update Signature Databases:

5. After launching Trojan Killer, ensure that your computer is connected to the Internet.

6. Click "Update" icon to download the latest signature databases, which will ensure the tool can detect the most recent threats.

Step 3: Scan the Infected PC:

7. Safely eject the USB flash drive from the clean computer.

8. Boot the infected computer to the Safe Mode.

9. Insert the USB flash drive.

10. Run tk.exe

11. Once the program is open, click on "Full Scan" to begin the malware scanning process.

Step 4: Remove Found Threats:

12. After the scan is complete, Trojan Killer will display a list of detected threats.

13. Click on "Cure PC!" to remove the identified malware from the infected PC.

14. Follow any additional on-screen prompts to complete the removal process.

Step 5: Restart Your Computer:

15. Once the threats are removed, click on "Restart PC" to reboot your computer.

16. Remove the USB flash drive from the infected computer.

Congratulations on effectively removing spyware and the concealed threats from your computer! You can now have peace of mind, knowing that they won't resurface again. Thanks to Gridinsoft's capabilities and commitment to cybersecurity, your system is now protected.

Frequently asked questions

The truth about Bybitexno

Name: Bybitexno

Description: Cryptocurrency scams continue to increase as digital assets achieve mainstream adoption. A recent example of such a scam involves Bybitexno, a fraudulent crypto exchange that entices victims with promises of free crypto giveaways. This detailed article will extensively examine the operations of the Bybitexno scam, techniques for recognizing it, and, most crucially, ways to evade becoming a victim.

Operating System: All

Application Category: Crypto Scams

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