Bitcoin Trader Review
Starting off the review, it seems that the scammers have decided that they would use bitcoins as their base. Recently we have observed that all scams that come up revolve around bitcoins in some way or the other. The Bitcoin Trader is no different. As you open the website, you are shown visuals of rich and famous personalities. Whats common between all of them? Well, they all seem to be impressed with Bitcoins and are seen talking about the huge potential present in bitcoin investments. Point to be noted here is that these people are talking about Bitcoins and not Bitcoin Trader. So, the point is that while Bitcoin is a real thing and there is no scam in it; the Bitcoin Trader is 100% of a scam.
How to begin trading on Bitcoin Trader?
Before actually trading with your real fund, you should use the demo option. The demo trading utility of this software, is a great to learn how trading works on this platform. One must not avoid it at all costs as it is an excellent knowledge provider. Here the users get hands-on experience, and when they run out of the balance, which is also a demo, by the way, they can begin with actual trading.
In order to begin with actual trading, first, start with a lesser amount. This is because before buying and selling, you have to acquaint yourself with the proceedings and tools that the software offers. Now change the trade setting and enter the amount that you’d like to start with. Options of taking profit, daily making profit, maximum concurrent trading, etc. can be customised.
What if I need more help?
Your problem, in this case, is also sorted with Bitcoin Trader! There is customer service available with an option of live chatting. If you feel you need some help at any stage, you can consult them freely.
Can we use Bitcoin Trader on our mobiles?
The answer is yes! Bitcoin Trader only requires a functioning browser and an Internet connection. Thus, any browser such as Safari for iOS or Chrome for either of the two would work without any problems. However, if you’d like to ease your experience and are expecting an app for the same, then you will be disappointed. There is no app available for Bitcoin Trader at either the PlayStore or the AppStore.
If you are convinced with the abilities of this software and would finally begin trading, stop, for a minute. Don’t you know every coin has two sides? This is why we’re going to list down some pros and cons of this trading robot. Scroll further to find out.
Pros / Cons
- Hassle-free registration process.
- Very precise customization available for trade settings.
- Demo trading mode rocks. Get the trading experience with spending virtual money.
- We got a profit of $178. So, you can try.
- No app is available for iOS as well as Android.
- A piece of bad news for US residents: We are incredibly sorry to let you know that Bitcoin Trader is not available for use in your region. Nevertheless, you can use brokering service like eToro which accepts US citizens.
Something else I need to know about Bitcoin Trader?
Yes, you do! Give the following points a read!
- Even though the procedure at this software is fully automated and never handled by a human at any stage of trading, it is advisable to use a small amount of funds. Although such mistakes are negligible, in case the market rates take a rough route, you should be in a safer position with your investment. No matter the pros, the risk factor always accompanies.
- No app is available for iOS as well as Android. Therefore, if your phone’s browser gives you problems, beginning trading on such a device is not advisable.
Not convinced? We totally understand! However, we can recommend another option for trading bitcoins or any other cryptocurrency for that matter, if you do not trust automated trading robots. If you’re interested, keep on reading!
This method is called trading through CFD broker. CFD stands contact for the difference. This method allows you to contemplate on the rising and falling bitcoin trends and enables you to act accordingly. One way in which this method proves useful is that here you can leverage your fund to be traded in the margins that you prefer. This feature is not available in automated softwares.
Moreover, one more advantage that this method has is that many of these CFDs are supported by central financial authorities. This ensures that even though trading is going on, the amount of funds of users is well protected according to the authority guidelines.
Isn’t this a perfect solution for you in case you still doubt the automated robots? We think, yes!
Has Bitcoin Trader appeared on TV and on Facebook?
Even though you probably seen Bitcoin Trader on TV shows or many Facebook ads, they are false and most likely a product of fake news platforms. Bitcoin Trader was never advertised on TV or endorsed by celebrities.
When typing Bitcoin Trader on Google, a link with popular TV show Dragon’s Den popped up at the top. This is so because there are suggestions that there is a Bitcoin Trader Dragons Den collaboration. These suggestions came up when ads made rounds on the internet. However, official sources say otherwise. Network 10 occasionally warns that there is no collaboration between the software and the TV show cast as they are all “false and misleading”. Naomi Simson wrote on her social media page urging anyone who sees the ads to report them.
Similar findings were reached when investigating Bitcoin Trader’s link to Shark Tank. Despite the rumors, we have found no connection between the robot and the TV show. If you do find some information stating the opposite, it is most likely fake and should not be trusted.
How Bitcoin Trader Finds The Next Victim
Take a look at these claims made by a so-called “review site”:
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. Come on, we know how the brokers operate and they surely don’t have our best interest in mind. And what about Bitcoin price constantly rising? It is NOT constantly rising and it is NOT a great way for regular people to invest in if by “regular” you mean inexperienced.
On the same website that posted that stellar review, you will find people in the comments praising the results of Bitcoin Trader:
“What a wonderful software Bitcoin Trader is”… yea mmmh. “It has a consistent accuracy… enough to secure financial independence…” yea, totally legit, I believe you guy. And pigs fly.
Dragon’s Den False Affiliation
To make it more believable, these scammers have gone as far as posting their adverts on the BBC and the Guardian, claiming that Bitcoin Trader is the work of two friends who appeared on the popular Irish TV show called Dragon’s Den. The adverts even contained fake quotes from the show’s stars Gavin Duffy, Eleanor McEvoy, and Eamonn Quinn. The material was quickly taken down by the websites but I believe some people still got duped. Beware of Fake News! Check facts.
Andrew Forrest Bitcoin Scam
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. The scary thing is that the scam articles appeared under the headline “ABC NEWS exclusive” and seemed to be published by ABC NEWS, using pictures staged to look like ABC TV screenshots and tagged as ABC articles.
ABC NEWS (the real one), which is a well-known and respected Australian media organization first launched in 1932 was quick to dismiss the news as “Fake” and urged investors to “exercise caution when reading social media advertisements and articles concerning cryptocurrencies which bear the ABC logo”.
Furthermore, on April 5th, 2019, Fortescue Metals Group released a statement regarding the situation and confirming that “the name, image, and misinformation about the personal life of our Chairman Andrew Forrest have been used to entice people into paying money to scammers.” The company added: “Such scams are abhorrent and we are doing what we can to try and alert people to them”.
Harry Triguboff Fake Cryptocurrency Endorsement
A similar situation occurred with Harry Triguboff: fake ABC NEWS articles claimed that Mr. Triguboff – the founder and managing director of Meriton – is using a cryptocurrency trading app/platform to make his money and that he is about to share a “ wealth loophole” that will make you a millionaire in months.
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. It’s incredibly annoying to surf the web reading or trying to watch a clip when all of a sudden an ad pops in your face telling you that you will be $10K richer by tomorrow. However, some people click on the pop-up, out of curiosity maybe and they end up watching the video, then think “Hey, it’s free so maybe I will try it out” and bit by bit they get sucked into the deep well of lies.
At the end of our investigation, we can safely confirm that Bitcoin Trader is a reliable investment solution. According to real users of this app they have managed to generate consistent returns from their investments. They say that the software has helped them achieve their trading-related goals.
Our findings were also satisfactory. We are pleased to announce that Bitcoin Trader is faithful to its members and works to assist them in the best way possible. With a user-friendly interface, professional support service, range of special features and advanced algorithms, this trading system has excelled at building solid customer relations and helping its members attain success in the field of online trading.