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/ Apr 15, · The Bitcoin Trader is just one of those many scams which we have exposed for you. Read this Bitcoin Trader review to know why it is a scam. Bitcoin Trader Review. Michael says. April 29, at am. Hi sofie is crypto genius a scam or . When I saw Bitcoin’s value plateau in December I used some Bitcoin to buy some Ethereum within the app. I was charged for taking money out of Bitcoin, and again, for using it to buy Ethereum. Coinbase can also be expensive when withdrawing money – see my colleague Callum’s blog on how to withdraw money from Coinbase.
Michael altrichter bitcoin traderBitcoin Trader Review - Read What 52 People Say
The trading is classic binary with expiry as short as 60 seconds and as long as the end of the day. It is. The better question though is if OptionStars is a scam and the answer to that is also a resounding yes!
Keep in mind that depending on your region, you might be directed to a different broker but I doubt it will be any better. And one more thing: the web address of the Bitcoin Trader System has already changed a few times, so it is likely to change in the future probably to avoid getting caught. These are not the droids you are looking for, move along, move along. Looking at the long list of complaints at the bottom of this page, we can completely reassure this is a scam, and we were right from the beginning!
Just take a look at what our users have to say about it:. Too many promises, too aggressive and a definite scam! This guy sums it up perfectly. Unfortunately, some people still fall for empty promises and lies spread by these robot makers. Phil from Auckland has done the smart and common-sense thing: he actually researched and read some reviews BEFORE reaching for the wallet and giving money away.
And speaking of reviews: please be careful what you read or more importantly what you trust because a tool among many others to get more clients for their scam is to pay for positive reviews. Price of Bitcoin is constantly rising… a great way for regular people to invest… great for newbies… and the cherry on top: the brokers behind this robot are going to do everything needed to help you achieve steady results. And what about Bitcoin price constantly rising?
On the same website that posted that stellar review, you will find people in the comments praising the results of Bitcoin Trader:. And pigs fly. The material was quickly taken down by the websites but I believe some people still got duped.
Beware of Fake News! Check facts. More recently, fake articles emerged, claiming that Andrew Forrest Chairman of Fortescue Metals Group was somehow involved with Bitcoin trading robots and that he endorsed investments in such apps. Google soon removed the fake add after being alerted to it by The Australian Financial Review but this all goes to show that you should pay extra attention to all cryptocurrency app endorsements that appear to come from major financial figures or well-known personalities.
Last but not least we have pop-ups. The Bitcoin Trader Sucks because it is nothing but hype. There is not a single bit of reliable information on the site, and it directs you to a crappy binary options sales funnel directed at the lowest of the low-class brokers. Is Bitcoin the hottest market in financial trading? Is Bitcoin making people rich every day?
The Bitcoin company in the first place is a blatant scam, and then there are loads of reviews on here recommending more scam companies to get peoples money back! Fortunately I'm not stupid enough to have lost any money to any of these people, but it comes to something when whole website are being set up to scam people who are already victims of a different scam saying they can get your money back!
Absolute madness! I gave them my number trough the website and every single day, many times a day i get called up by some hindu guy calling himself my saviour. Every time i tell him i do not want to speak and hang up. As soon as I get a call I hang up and block the number only to get another 1 mins later from a different number they call very late at night early in the morning even on a sun.
I would change my number but it is a work number so not a good idea. If I was an elderly person or a vulnerable one it would cause so much distress. Shame on this company. I told everyone over a year ago, this was a Ponzi scam company. These criminals are Blue Trading reincarnated after they stole millions of the gullible sheeple.
I will say it again. These are scammers. How much more evidence do you need. Google scam adviser. Stop being gullible losers. They are not worth anything. Instead Www. Stay clear, or you will lose money as I have.
This app is just an opportunity for scammers to latch onto you and suck your money away. If you get sucked in thinking your money is making loads on the stockmarket usually though their own platform, see if you can withdraw any of it, before you get in to deep. Bitcoin trader should be held responsible for allowing this type of scam, why on earth this app is endorsed by people like Bear Grylls Richard Branson and a few others is beyond me. Don't trust them!! There are hundreds of customers scammed by them!
Stay away! I registered and created an account via Bitcoin-Trader. My experience is as follows: One you create an account in the web app, it then requires you to open a Contract-for-difference or spreadbetting trading account with one of its nominated platforms.
Then once you start to set up the account and a customer service rep of the platform will phone you to help set thie account up and make the deposit - all very friendly and helpful. The account manager will call many times telling you that the robot Bitcoin-Trader is useless which it is actually and asking you to deposit much much more and also insisting that the only way you can make decent money is to give him total discretionary management to operate the acount on your behalf.
At that point, the Bitcoin-Trader app was disabled on my acount without referal to me. I also did some due dilligence on the trading platform to which I was subscribed via Bitcoin-Trader app. Much play is made on the website about being "EU Licenced" - which is rubbish - there is no such thing. The only EU legislation on crypto trading is AML anti-money laundering legislation and in particular AML5, passed in , which required individual EU member states to require crypto trading platforms working or selling in their national jurisdiction to have proper "know your customer" processes.
But NONE of this offers ANY security to account holders about the security of their money or the commercial practices of the account managers. It's a window-dressing spoof. The Hong Kong based platform company that Bitcoin-Trader passed me through to, has a shell company registerd in Estonia so that it can claim to be "EU icensed".
Similar goes for their alleged membership of "The Financial Commission" www. Sounds great by its title - but read on And the service is NOT independent because it is paid for - like insurance - by premiums paid by the platforms and if you read the fine print on the platform and in Finacom, you'll be able easily to deduce that it's more about protecting the platforms from claims than giving any assurance at all to the retail customers.
Leaving all the above distateful aspects aside - the app itself doesn't work properly anyway. Plus I'm pretty sure all those endorsing this company are well.. But something's fishy bout those positive "samey" reviews..