When you hear BITKER scam, a fraudulent crypto platform designed to steal user funds by mimicking real exchanges. Also known as fake crypto exchange, it’s part of a growing wave of scams that trick users into depositing crypto they’ll never see again. These aren’t just sketchy websites—they’re carefully built illusions. Scammers use fake testimonials, cloned logos from real exchanges, and even fake customer support chats to make you believe you’re trading safely. The goal? Get your crypto, vanish, and repeat the same trick under a new name.
What makes the BITKER scam dangerous is how similar it looks to real platforms like Binance or Bybit. They copy website layouts, use .io or .xyz domains to avoid detection, and even post fake YouTube videos showing "traders" making profits. But behind the curtain? No real liquidity, no withdrawal processing, and no legal registration. This isn’t an isolated case. The crypto exchange scam industry is booming, with over 1,200 fake platforms reported in 2024 alone. Many target new users who don’t know how to verify a platform’s legitimacy. They don’t need to be clever—just persistent. And they know most people won’t check the domain registration, the team’s LinkedIn profiles, or whether the exchange is listed on CoinMarketCap’s official exchange page.
How do you avoid falling for this? First, never trust a platform just because it has a fancy logo or a "24/7 support" button. Check if it’s on the SEC crypto enforcement list of unregistered platforms. Look for real, verifiable team members—not stock photos with fake names. See if users can actually withdraw funds without delays or excuses. And if a site pushes you to deposit quickly with "limited-time bonuses," run. The crypto fraud playbook hasn’t changed: create urgency, hide identity, and disappear with your assets. You’ll find real exchanges in our posts—like Cryptal Exchange or OraiDEX—where transparency, licensing, and user reviews are public. The fake ones? They’re built to collapse the moment someone tries to cash out.
Below, you’ll find real examples of how scams like BITKER operate, how they’re exposed, and which platforms actually deliver on their promises. No fluff. Just facts you can use to protect your money.
BITKER was a fraudulent crypto exchange that vanished in July 2021, stealing over $1.2 million from users. Learn how it operated, why it was a scam, and how to avoid similar platforms.