Levixbit Reviewed: Real Deal or Total Ripoff? Read This First

Recently, Levixbit.com website surfaced, promoting itself as a place to keep cryptocurrency and other assets securely. I managed to gather credible evidence that unmistakably indicates it is, in truth, a deceptive platform.

Contrary to the assertions of Levixbit.com, they will never return your funds. Even though the figures displayed in the “member area”, there is zero ability to take out even a single coin. All pledges regarding crypto incentives are hollow as well.

It is better to prevent, than repair and repent!

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Levixbit Scam Overview

The primary service that Levixbit strives to provide is a secure and convenient cryptocurrency wallet service. The site promises crypto exchange facilities, tools for controlling wallets, transfers, dashboards, and similar stuff. In truth, they endeavor to emulate the functionality of a crypto exchange, akin to Binance or Coinbase. However, it in fact solely serves as a shell needed to lull the vigilance.

Levixbit Scam

First and foremost, Levixbit mimics the appearance of many similar online platforms. There are quite a few examples, like Beastdax, Fladrex or Veproin. They are entirely indistinguishable in terms of visual elements, with slight discrepancies in the website header. Other specific elements, and at times even crypto wallet addresses, are matching. Presumably, all these deceptive sites are led by the same gang of scammers.

Cryptocurrency Scam Summary

How the Levixbit Scam Works?

Levixbit is yet another online platform within a extensive network of linked crypto deceptive sites. The managers utilize diverse brand titles and websites, like Levixbit.com, to trap victims. Nevertheless, these fraudulent sites possess identical designs, terms of service, and About Us content. This unveils their origins as a part of the identical criminal network, which endorses the identical mode of scam under various appearances. The scammers just copy the equal scam site under various names to deceive users into assuming they are enrolling a fresh venture. However, in reality, it’s the identical system of scammers orchestrating the misleading pledges and attempts to take deposited funds. The administrators shrewdly employ psychological maneuvers and appealing offers to carry out their dishonest plots.

Step 1: Spreading

To begin the scam, criminals set up and fill accounts on popular social media platforms. They mainly focus on Facebook, Instagram, Twitter, and TikTok. Subsequently, the promotional campaign commences. Using bots and paid ads (when feasible), scam actors boost the exposure of their deceptive activities to potential victims. This strategy permits them to cast an extensive net and connect with their aimed spectators. The latter typically consists of cryptocurrency enthusiasts seeking opportunities to generate profits.

Users get an encouragement to register, drawn by the commitment of getting crypto benefits valued at hundreds of dollars, all for free. To increase the attractiveness of the offer, fake suggestions of sponsorship by a celebrity are incorporated. As you may guess, these assertions are completely baseless.

Step 2: Gaining Traffic

Users who demonstrate interest visit Levixbit.com via links featured in ads or bot-generated posts. The webpage utilizes captivating visuals, design elements that appear authentic, and assertions of having a valid license, all intended to project an initial perception of trustworthiness.

Step 3: Data Gathering

To claim their prizes, users are required to deliberately set up an account on Levixbit and get prompts to submit sensitive and private information throughout the enrollment procedure. This includes linking their cryptocurrency wallets, sharing email addresses, specifying phone numbers, submitting identification documents, and more.

Step 4: Requesting funds

Once registered, users observe significant amounts of cryptocurrency, valued at hundreds of dollars, within their Levixbit wallets. However, as it usually happens with such bonuses, you can’t withdraw them prior to making a deposit. Typically, a funds transfer of $100 is required to withdraw the sign-up bonus. This condition serves as the enticement that ultimately results to the money loss.

Step 5: Disappear

The point in time the funds transfer is made, the scammers cease all contact. They proceed to bar users, remove accounts, and vanish with both the transferred capital and vital individual information. The fabricated prizes remain perpetually uncredited, as they lack genuine existence. They operate exclusively as a phishing strategy. This technique forms the foundation for the deceivers’ capability to mislead victims and embezzle hard-earned funds through their deceptive internet-based crypto fraud.

Signs of Scam

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

• Unsubstantiated Credibility. Levixbit employs fraudulent celebrity endorsements, often featuring names like Elon Musk, Jeff Bezos, Mr. Beast, and Mark Zuckerberg. These false claims extend to fictitious partnerships with reputable entities like Coinbase, Binance, or MetaMask, despite the absence of genuine connections.
• Implausible Earnings Claims. Promising remarkable returns of 50-100-200%, Levixbit exploits the longing for quick profits. However, such gains are unrealistic within the volatile cryptocurrency landscape, unequivocally identifying Levixbit as a scam.
• Dubious Corporate Information. Levixbit arouses suspicion by providing inadequate documentation about ownership, location, and registration. Furthermore, the lack of legitimate contact information and the recent registration of domain and social media profiles deepen skepticism.
• Exclusive Cryptocurrency Payments. Levixbit.com solely accepts payments in cryptocurrencies, refraining from traditional bank transfers and other payment methods. This approach not only shrouds the company’s identity but also prevents the possibility of requesting refunds.
• Potential Pyramid Scheme. The scam relies on a Ponzi-like referral structure disseminated through social media. Nevertheless, only initial participants profit, often at the expense of funds brought in by subsequent members.
• Groundless Hype Tactics. Levixbit utilizes fabricated claims about non-existent events, such as securing contracts with Coinbase or receiving endorsements from Elon Musk. This manipulative strategy aims to foster belief in money returns and encourages individuals to top up their accounts again.

What Should I do as a Victim?

If you had to deal with Levixbit 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.

• Immediate Reporting. Your initial step should involve promptly notifying local authorities specializing in financial fraud. Extend your reach by reaching out to wallet providers and engaging with social networks’ technical support teams. These actions serve to raise the bar for the scammers’ operations.
• Share among Friends. Amplify your efforts by informing your close friends about the scam. Similar to informing authorities, this dissemination of information restricts the scammers’ potential victim pool.
• Preserve Crucial Information. Compile a comprehensive evidence archive by capturing screenshots and archiving all relevant website-related data. Collect the website URL, screenshots of the main page, login interface, end-user license agreement (EULA), account top-up menu, and wallet addresses. These records could provide vital clues for authorities in their pursuit of the scammers.
• Exploring Refund Options. While most banks’ refund policies may exclude cryptocurrency payments, it’s advisable to explore potential refund avenues under specific circumstances. Maintain hope until you obtain confirmation of the loss.
• Transform Loss into Knowledge. Turn your financial setback into an opportunity for growth. View your loss as an investment in understanding the strategies employed by crypto scam sites. Familiarize yourself with their telltale characteristics, the methods they employ to entice individuals, and the extravagant promises they make. Equipped with this insight, you’ll be well-prepared to spot and evade future traps without suffering additional financial setbacks.

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 fraud, rascals may contact you with particular files. Alternatively, they may suggest you to deploy “cryptocurrency wallet applications” or “browser extensions” to facilitate access to your crypto savings. As we previously figured out, these scammers have no plan of returning your funds. So, what can these email messages and browser plugins represent? Correct – this is another element of the scam designed to throw you into deliberately running destructive applications onto your system.

Both extensions and attachments added to email messages can serve as a carrier for diverse malicious software. In this case, I anticipate the presence of spyware and stealers among other forms of malware. While it is not mandatory for scammers to distribute malware, the probability is always greater than zero. As noted, their morality is of no concern, and their dignity is already seriously marred. They have no principles to lose and aim 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 Levixbit

Name: Levixbit

Description: Cryptocurrency scams continue to increase as digital assets achieve mainstream adoption. A recent example of such a scam involves Levixbit, a fraudulent crypto exchange that entices victims with promises of free crypto giveaways. This detailed article will extensively examine the operations of the Levixbit 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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