Bitcoin Trade Robot Review and SCAM Investigation
The Bitcoin Trade Robot, software, and app is a new automated trading system (AKA auto trader) for Bitcoins and other cryptocurrencies. It was officially launched during January 2018, and it is integrated with a mix of unregulated as well as regulated Forex and CFD brokers. Do not confuse the Bitcoin Trade Robot with the BTC Robot as they are two separate systems and unrelated.
The Main Problem: Bitcoin Trade Robot is a complete clone of the fraudulent Bitcoin Method software we recently exposed. We are dealing with a turnkey affiliate marketing crypto robot which executes trades randomly at best, and most likely loses trades in order to steal your money so the online promoters can collect commissions.
The Truth: Despite the fact that this was a novel attempt to create a seemingly genuine automated Bitcoin trading app, we were able to identify a pattern of deception which which automatically places the Bitcoin Trade Robot in the crypto scam category. So, in total contradiction to the polished look and legit feel, this system is a bona fide financial scam with all the trimmings and we have also produced ample proof to validate our initial assessment. Needless to say our investigation was prompted by complaints which were filed in our submit a scam section. So let’s dispense with the formalities and cut to the chase, the cooks operating behind the scenes of the Bitcoin Trade Robot are seasoned affiliate marketers and they will do their utmost in a very convincing and aggressive manner in order to get you to drop your guard and pull out your credit card. In this context, we view the Bitcoin Trade Robot as an extremely manipulative, deceptive, and misleading attempt to defraud unsuspecting opportunity-seekers looking to cash in on a legit crypto robot. Never the less and despite everything, proof has to be presented in a very clear and transparent way as to alleviate any form of doubt in regards to the authenticity of the software. So keep reading our insightful Bitcoin Trade Robot review and see exactly how we exposed these crooks and peeled the layers off this very crafty and elaborate get-rich-quick scheme.
Official Website, Login Page, and Members Area: http://bitcointraderobot.co/
Proof of SCAM
Below is the Bitcoin Trade Robot main sales area and registration page. It is fairly simple and straightforward. Not very hyped up, but at the same time easy to understand and appealing. That is exactly why we believe the Bitcoin Trade Robot SCAM to be so dangerous.
Below is the testimonial section, which by all means seems to be real. However, it is anything but! The member testimonials are ALL fictitious and the images are taken directly off the internet without any regard for ethical business practices or just the simple truth. Here we see “Barry Wales” from Germany who is really an image bank actor whose image was stolen without permission.
The same can be said for the rest of the testimonial section as we found out Declan, Casey, and all the rest are just fake images which are ripped off the internet without written consent or permission.
Bitcoin Trade Robot Review
At face value we can very easily say that the Bitcoin Trade Robot is one of the better Bitcoin robots our staff has reviewed for quite a long time. The reason for that has to do with the fact that the settings indicate the kind of risk management levels which empower you (the trader) and lets you control the level of exposure by putting limits on how much money you want to risk. A simple comparative analysis indicates that the software is very promising in this sense. Additionally, after signing up we were able to see that some of the brokers were regulated. Again, we found this fact to be very confusing since it almost caused us to drop our guard.
The Bitcoin Trade Robot SCAM software is equipped with four “canned” or ready-made trading strategies which utilize popular technical indicators and again the stop loss and take profit features are priceless when it comes to cashing out. The screenshot bellow clearly illustrates how the settings are displayed in the Bitcoin Trade Robot app.
Unique Settings and Differentiating Features
You actually have demo mode, which is not something we are used to seeing. The software does not generate an endless swarm of signals, however this fact by itself may indicate we are dealing with a more selective process. The asset selection is also very intuitive and allows you to choose the assets you want to trade with a single click.
Is Bitcoin Trade Robot a SCAM or Legit?
The Bitcoin Trade Robot SCAM is sophisticated get-rich-quick crypto scam. It’s the brainchild of unethical developers which have chosen to collude with crafty affiliate marketers and rogue offshore brokers in what is commonly referred to as a revenue share scheme.
How Does the Bitcoin Trade Robot SCAM Work?
This is classic modus operandi for promoters using fraudulent trading robots to promote scams. They refer clients to the brokers who steal their money and then the loot is split according to the agreed terms.
Is it Free?
Not at all! You will have to cough up at least $250 in order to get started with this deceptive app. And that money will be charged to your credit card by offshore brokers who are not interested in your financial well-being. Some are licensed and some are not, so watch out and keep your wallet safe.
We did see at least one fake review and to be quite honest we were shocked as that review was published by one of the most recognized and trusted review sites. It seems that site owner was in need of cash so he published a favorable review.
Bitcoin Trade Robot Review: The Tricks of the Trade
Foul play, lack of transparency, no oversight, and you are one step away from falling into the abyss. The tell signs are there if you look hard enough, and most evident is the use of fake testimonials. We also have subtle yet highly visible hints of no-risk trades, hyped-up and exaggerated claims of easy money are also there (although not as overt as we are used to seeing). We did not see inflated bank account, but it is insinuated.
Other Viral Scams Trending
The ones to watch out for are Crypto Genius and Bitcoin Loophole.
Forex EA’s, Signals, and Crypto Robots
There are new crypto robots and scam bitcoin telegram signals groups popping up by the dozens on a daily basis. The internet and social networks are also crammed with crooks trying to gut you and fleece your wallet by offering you fake systems designed to rob you. However, once in a blue moon a viable trading app hits the market and after we test it rigorously, it is inserted into our recommended list.
Bitcoin Trade Robot Review Conclusions and Summary
The recently launched Bitcoin Trade Robot, software, and app is a confirmed investment and crypto scam. It’s useless to deny the obvious, and the facts speak for themselves. The crooks pulling the strings behind the scenes come from a binary options background and are now diversifying into crypto scams. The Bitcoin Trade Robot SCAM is just one of many fake robots with a polished look which are being promoted these days. We also have information advising us that the con artists behind the Bitcoin Trade Robot are also responsible for managing HYIPs, Ponzi Schemes, MLM and Binary Options scams. They are into almost every form of dirty investment scam and understand how to bait unsuspecting victims and opportunity seekers. Their primary marketing tools are SPAM email marketing which is used excessively, so please don’t click on any links and try to unsubscribe immediately (if you can). These scam artists also specialize in credit card fraud, money laundering, tax evasion, software manipulation (rigged and set to lose), and identity theft. In light of all the proof and evidence our staff was able to produce, we have no choice but to blacklist the Bitcoin Trade Robot and classify it as a verified crypto scam. We urge all our members and viewers to seek alternative investment options and please stay alert and inquisitive as our experience has shown it will save you a pretty penny. As always we’d like to personally invite you to check out our Facebook page and subscribe to our YouTube Channel.