How legit is bitcoin trader
Nov 17, · The Bitcoin Trader SCAM software (not to be confused with Bitcoin Code) is a fake trading robot and we blacklisted it in our fair and impartial review and investigation. First a word of caution, we have warned our members about the recent surge in Bitcoin scams which are riding the recent wave of endless success stories about new Bitcoin Millionaires. It's. Mar 02, · No, Bitcoin Trader is not legit. Unfortunately, it is a hoax. It means that nothing that is said on its official website is true. In fact, pretty much every . Jan 14, · The Bitcoin Trader is a fully automated algorithmic trading tool designed to trade the emergent cryptocurrency market. The tool works by targeting volatility within the market with laser accurate performance. They boast a % accuracy rate and the ability to double, triple and even quadruple your money in only a few trades.1/
How legit is bitcoin traderBitcoin Trader Review - Confirmed Scam Exposed With Proofs!
We have noticed many more names wrongly associated with Bitcoin Trader, for example:. No, Bitcoin Trader is not safe. In fact, we have just proved that it is a scam. The problem is that it will be risking and losing your capital since the first trade. This is what it makes it very dangerous, it will use your money and lose it very quickly.
Then it will be very hard to recover. But our review shows that it uses no real trading algorithm at all and it loses the majority of trades it takes. The Bitcoin Trader app is a generic scam app that is being rebranded for different fraudulent programs. The trading platform is very basic, and it was developed just to make you think there really is a product that you could use for cryptocurrency trading.
But in reality, this app is something you have to avoid, you really should not use it. It only loses money, many people have confirmed this fact to us. You might have already signed up for Bitcoin Trader and now you cannot log in, you will notice that your login information is no longer accepted. This is because your Bitcoin Trader account is frozen, many people report that. Why is that happening?
Because Bitcoin Trader is a scam. Scammers have probably got as much money from you as they thought possible, so now they stopped answering and they have frozen your account.
We are sorry to say it, but even if you saw some profits in the app, they were fake, they were never going to let you withdraw them. Everything was there just to persuade you to deposit as much money as possible. No anonymous and fraudulent program like Bitcoin Trader is to pay them on your behalf. Who would give away a money-making system for free, why? It makes no sense.
The truth about Bitcoin Trader is that it is not free. As we have already explained, they will first let you use the demo to make you think that the trading app is profitable. If you believe them, you will want to start trading for real to make money. At that point, they will tell you that if you want to start earning money with Bitcoin Trader, you have to deposit USD with a broker they have chosen for you.
Because it is their way to steal your money, your deposit would be forever lost. Scammers who run Bitcoin Trader are connected to some unregulated and shady brokers. They send them victims who will deposit money. The broker will then keep your money and share it with people from Bitcoin Trader.
This the truth about these scams, this is how they get your money. They will persuade you that they can earn you profits and then they will ask you the send them your cash. They will keep all your money and they will just be asking for more and more deposits, they will use all sorts of lies to convince you. Let us say that we are sincerely sorry if you already lost money with Bitcoin Trader, it means that you found our review too late. But not everything must be lost. If you got scammed by Bitcoin Trader, follow these steps to recover your money:.
And beware, there are a lot of recovery scams in this industry, see for example the FSMA warning about recovery rooms. So, be careful about who you trust with these services. Our review proves that Bitcoin Trader is a scam. From real users, we know it is losing money in trading. Therefore, we recommend staying away from it. If you really are interested in making money in cryptocurrency trading, start on a free demo account with a regulated broker.
You will get virtual money to test everything and you can start learning. This is a classic get-rich-quick scheme with all the trimmings, so expect to get your wallet fleeced by thieving brokers. We have all the tell signs evident, namely hyped up or exaggerated claims of easy money, heaps of fake testimonials, inflated bank accounts, and outright lies.
There is no narrative or any person who is presented as the person behind the software. Its just a pack of lies wrapped up in hype and hot air designed to bait you. Most likely the same fraudsters are behind both scams.
Forex EA Signals Versus Options Trading Robots If you are deliberating and not quite sure about what kind of trading app is best for you then it is perfectly normal. Our staff has compiled a short yet reputable list of consistent money-making machines. These are all showcased in our recommended section. Bitcoin Trader Review Summary and Conclusions This software is a farcical scam and therefore entirely blacklisted in our revealing review and investigative report.
For those of you who have already taken the bait and tested the waters by depositing or funding a real money trading account, you should know that Bitcoin Trader is a verified investment scam and you should not reinvest at any point and time.
There is no way for you to profit here, and even if you have made a few measly bucks you are sure to lose them if you continue trading. There is no cryptocurrency app offered by the platform, yet this software can be run on a web-based browser on a mobile phone that has a stable internet connection. It offers an SSL certificate, which ensures its protection. It has a policy of verifying each client before going ahead with the approval of any proceedings.
Further all the data is encrypted on the platform and the users data is handled with strict confidentiality and it is solely used for trading purposes.
Below given are the few benefits of trading with Bitcoin Trader —. It is an ideal platform for new users; even the experienced crypto traders find this platform easy to use and navigate. Besides, the customer support team can be contacted anytime during the day, if the user needs assistance with their issues.
They can also be contacted through live chat, phone and through email. This platform offers a demo feature, which is very useful for the new user that helps them to trade and to make a profit. Also, by using this demo account, the users can learn about the crypto trader platform, familiarise themselves with the features and test their trading strategies.
When they are confident enough they can proceed with live trading. Further, the auto transactions are fast and secure. I am sure it will soon become very popular in my country Hong Kong.
To top it off, I get to spend time with my kids, and I always have extra cash. Bitcoin Trader acts as a reliable account manager while trading crypto. A big thank you to Bitcoin Trader. This is a must-have!! I did not have too much money. I started with my disposable income just for fun, and it has changed my life by the passive income that I generated through this robot. It really does not get any easier than this!! There are several Bitcoin scams that are currently going around in the market.
Few reasons are explained below states that this platform is not a scam Bitcoin trading bot—. Bitcoin has taken the world by storm, that several people by trading Bitcoin had made themselves millionaires overnight. The user needs to use powerful tools to do bitcoin trading, with little patience and luck. Besides, the user should know that by trading with Bitcoin, when to position, shorten it, and when to exit.
One of the best ways for trading Bitcoins is to understand how the technical graphs work, analyze the markets, and then place the trades. The user should always withdraw their profits and leave a small percentage of money for reinvesting. They should never invest all the money because there are chances that they might be a risk of losing it.
The trader should also do some research and should have good knowledge about what they are getting into. The user should only invest what they can afford to lose. The trader should not invest their life savings; in case if there is a market fluctuation, there might be chances that the entire amount will be lost. To start trading, the user before starting to trade with their real money, should use the demo trading feature. The advantage of the demo account is it helps the trader to learn how trading works on this trading system, familiarise themselves with the platform, and to test their trading strategy.
There are two modes offered by the platform, one is demo mode and other is live mode. Over and above, by using the demo accounts, people can gain excellent knowledge about the platform, and also they can get acquainted with the platform. Once they are confident with the platform, they can begin trading with real money. The account registration process does not ask the trader to fill up a complete set of details before creating an account when compared to other crypto trading industry bots.
The user needs to go to the Bitcoin Trader website and fill out an account registration form. A user can register on the platform with simple and easy steps in just a matter of minutes.
The user needs to fill out certain basic details like full name, email address, credit card details, and phone number. A verification link will be sent to the registered email address and contact number. Just basic account information and information on the payment methods is enough for successful registration.
Verification Process: The Bitcoin Trader verification system checks all the information provided by the crypto traders while registering a new account or updating their user information. This verification process is mandatory to prevent issues or fraud during the deposit or withdrawal process so that the process is smooth. Money transfer is an effortless process when compared to other auto trading robots like Bitcoin Code.
Only a few necessary bank account details are needed, and the amount to be transferred is done in minutes. When compared to other crypto trading systems, Bitcoin withdrawals take as long as ten days. Some of the payment options include Credit card, Visa, Mastercard, Bank transfer, Paypal, Maestro, your crypto wallet, and several more. Crypto traders can join this platform without paying any service charge, open a trader account, and then make a deposit.
The commission is charged by the system from the profits earned by the investors. Our review on Bitcoin Trader reveals that there are no wrong calculations, and the funds are accurate. Moreover, users get their payments deposited in their trader account in less than 24 hours by any payment method.
The feedback page on the Bitcoin Trader website, offers reviews about this platform. Brokers: The brokers are accountable for checking the automatic process to make sure that the crypto traders get a high return of investment after each trading session. Funds on this platform are channeled through online stock brokers. This means when the trader is investing in the setup; the investments are automatically placed to buy and sell cryptocurrencies like Bitcoin, through an online broker who supports such investments.
Also, the trader will find signals for all classic currency pairs. The trader needs to select the assets, for the positions opened by the robot before starting any live trading activity.
Customer Support: The trading app offered by this system is very user-friendly and the trader might not need any help while initiating any trading activity. If the trader needs a customer support system, they are available over chat and through email, which is provided on the Bitcoin Trader website. Further, the customer support system offered by the platform is fast and responsive. There are several exclusive trading features offered by this website for the benefit of its users.
Few of them are —. Customized Settings: By using Bitcoin Trader, it offers an option of customizing the trade settings, which is a useful feature for new users. These personalized settings make the overall interface very user-friendly. If there are any problems, the trader can contact the customer service anytime. The customer service team is very prompt and helpful.
Demo Trading: We get to know from different Bitcoin Trader reviews that the Bitcoin Trader offers user-friendly trading processes like demo trading. This software offers the possibility of trading using the demo feature before you make a deposit by using real money. They are of immense help, especially for new crypto traders.