BitradeX fails to provide ownership or executive information on its website.
BitradeX launched on the domain “bitradex.com” in or around February 2025.
BitradeX lost its domain towards the end of 2025, prompting a switch to the domain “bitradex.ai” on January 9th;
BitradeX’s .AI domain was privately registered on March 3rd, 2025. It appears to have been dormant and suggests BitradeX has other domains on standby.
Why?
If we look at the WHOIS record for BitradeX’s original .COM domain, we see it has been frozen by the registrar:
As per ICANN, “Domain Status: clientRenewProhibited”
tells your domain’s registry to reject requests to renew your domain. It is an uncommon status that is usually enacted during legal disputes or when your domain is subject to deletion.
It’s likely BitradeX’s .COM domain was flagged for fraud and/or registered with bogus details that could not be verified.
In July 2025 BitradeX rolled out CEO “Nikolai Bonello Jenkins”:
Jenkins has a European accent and, as far as I can tell, does appear to be an actual person from Malta.
It seems BitradeX has moved on from pretending Jenkins exists as he’s mostly disappeared from its marketing.
A visit to BitradeX’s website today features Olivier Giroud front and center:
Giroud is a celebrated French footballer. He is the current all-time top goalscorer of the France national team.
I originally thought BitradeX has misappropriated Giroud’s likeness but Giroud confirmed his involvement in June 2025:
BitradeX is tied to BitradeX Fintech Limited, a UK shell company registered on March 18th, 2025.
As far as I can tell, BitradeX’s UK shell company only exists so that it was able to register its apps on Google Play Store and Apple App Store.
Over on the Apple App Store we can see BitradeX is using “辉 陈” for its developer:
Courtesy of the WayBack Machine we can also see BitradeX’s website was defaulting to Chinese circa November 2025:
This strongly suggests whoever is behind BitradeX has ties to China.
As of January 2026, SimilarWeb was tracking ~646,000 monthly BitradeX website visits.
Top sources of BitradeX website traffic are Japan (23%), Brazil (13%), Malaysia (6%), Saudi Arabia (5%) and Italy (5%).
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money
.
BitradeX’s Products
BitradeX has no retailable products or services.
Promoters are only able to market BitradeX promoter membership itself.
BitradeX’s Compensation Plan
BitradeX promoters invest USD equivalents in tether (USDT), which is then converted into USDN (?).
AI Daily – invest 50 USDT or more and receive 0.1% for week 1, 0.13% for week 2, 0.16% for week 3, 0.19% for week 4, 0.22% for week 5 and 0.25% for week 6
AI 30-360 – invest 100 USDT or more for 30 days and receive 0.3% a day, 0.35% a day for 60 days, 0.4% a day for 180 days or 0.5% a day for 360 days
The MLM side of BitradeX pays on recruitment of promoter
🤖 Quick Answer
What is BitradeX?BitradeX is a cryptocurrency platform launched in approximately February 2025 on the domain "bitradex.com." It does not disclose ownership or executive information on its website. The platform later migrated to "bitradex.ai" after losing its original domain, raising significant transparency and regulatory concerns consistent with MLM crypto Ponzi scheme characteristics.
Why did BitradeX change its domain?
BitradeX lost its original "bitradex.com" domain toward the end of 2025, prompting a switch to "bitradex.ai" on January 9th. WHOIS records indicate the .COM domain was frozen by the registrar under a "clientRenewProhibited" status, typically enacted during legal disputes or pending domain deletion proceedings.
What does the clientRenewProhibited status indicate for BitradeX?
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