Is Bitcoin20 a scam?
Asked about Bitcoin20 (BTC20).
Short answer
Bitcoin20 (BTC20) has been scored on isthiscoinascam.com and has a low score, indicating elevated scam risk based on the available data.
Source: isthiscoinascam.com · Updated 2026-06-03
Red flags raised
- Team is anonymous
- Not listed on any high-trust exchange
- No hard cap on total token supply
- Public scam allegations have been raised
- A single wallet holds over 10% of supply
- Top 10 wallets hold more than 50% of supply
- Top 10 wallets hold more than 70% of supply
- Very low on-chain liquidity
Positive signals
- BTC20Token contract is identified on Ethereum with an Etherscan token page for 0xe86df1970055e9caee93dae9b7d5fd71595d0e18.
Security audits
1 audit on record.
- Etherscan (Contract Security Audit field) — unknown
Team transparency
The Bitcoin20 team is anonymous — public identities are not on record.
See the full report
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