Sep 11, · On average, a Bitcoin Trader user earns around $1, daily as per the user reviews detailed on the original website and elsewhere. However, for the beginners earning such profits is not possible at first because they are inexperienced and they invest less money in fear of any scam, which is actually a very wise decision/ Jan 14, · The Bitcoin Trader in Review 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.1/ Bitcoin Trader sell personal info to other trading platform. Got an call from Trading Option after I rejected the former. The management to manage and monitor their agents closely and prevent this from happening. I was told by Trading Option that I just registers 2 minutes ago when I was already in bed with my daughter for the past 30 mins/5(54).
Bitcoin trader user reviewsBitcoin Trader Review: Scam Or Legit? | Cryptoverze
Making money takes work, even if it is Bitcoin. Bitcoin Trader is not a service anyone should consider. Post Pagination Next Post Next. Unfortunately, it also provides a lot of chances to scam less sophisticated consumers.
This is because a lot of the search results for Bitcoin Trader are…mixed to say the least. Bitcoin Trader: How It Works? Is Bitcoin Trader a Scam? Bitcoin Trader: Issue 1 First, Bitcoin Trader promises inordinately large returns on your investment and even guarantees its clients millionaire status by a certain point in time. Bitcoin Trader Review: Our Conclusion Our recommendation is that traders stay far away from Bitcoin Trader and find a better service to trader cryptocurrency themselves.
Appendix: Bitcoin Trader Scam Exposed. Bitcoin , Bitcoin Trader , story. Like it? Share with your friends! Please Login to comment. Connect with:. Facebook Google. Notify of. Previous Post. Remember me. 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.. Overview Reviews About. See business transparency. Write a review. To be fair I did sign up to see what would happen and it was this; I got sent directly to the cashier page on OptionStars where I was prompted to make a deposit. OptionStars is a white label built on what I think is an older version of the Tradologic platform.
Regardless, the platform sucks. They do have digital cryptocurrency pairs available in the drop-down asset list. 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.