Deposit2x.com Review Is Deposit 2X Scam or Legit Bitcoin Doubler

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How to Red Flag Scams: Bitcoin Doubler Club, Cryptomia247, Mining Cheap, Orelex, and Wintrust

Last week’s news.Bitcoin.com post warning about common bitcoin scams like “The Bitcoin Code” elicited a plethora of comments and suggestions from readers, asking about and reporting other platforms and services claiming to provide bitcoin investment opportunities. This article examines some of these, and most importantly seeks to provide readers with basic tips for recognizing the general MO of these scam sites before their wallet is SOL.

How to Spot a Scam

When the bitcoin price goes up, and times are already hard for so many individuals financially, scammers have an ideal market for working their wiles and taking naive and unsuspecting victims for all the crypto they can.

As was emphasized in the previous article on the topic, the number one giveaway that something is a scam remains unchanged: if it sounds too good to be true, it almost always is. So before ending up rekt by trying to get rich quick, readers should have a look at the popular scams below and get a feel for their respective modi operandi.

Bitcoindoubler.club

As will quickly become apparent, many scams operate on this template:

  1. Wow victims with too-good-to-be-true promises of financial gains and returns.
  2. Get the user to register an email address or bitcoin address to provide an air of legitimacy.
  3. Have users make their first (and last) deposit.

Bitcoindoubler.club is no different. It is easy to recognize as a scam from the concept itself. Nobody can double someone’s bitcoins in 24 hours as a free service. The introductory text on the website also gives it away:

“We produce bitcoin mining machines that work extremely high levels,” is a vague statement with no real meaning. Notice the awkward English, big promises and bad grammar:

Yes you did not hear wrong, now this service is still paying. Surprisingly, you cannot experience unwanted events. Remember, our goal is to please you .. There is no better advertising marketing than this. Attention: There are many similar sites on the market. Ignore them! Check your address bar! It is a certified and verified system!

This site says there is no way to lose. In investing, however — as any experienced individual knows — there are always many ways to lose. Bitcoindoubler.club demands a minimum 0.003 BTC deposit to participate which, if sent, will be gone forever in a flash.

Wintrust Expert Options

The “Wintrust Expert Options” scam provides a little comic relief with its unique selling point of “beautiful managers in video chat.” It should go without saying though that such a detail is probably impertinent to the operations of any legit forex and crypto investment service.

Like the bitcoin doubler club site, this one promises returns in crypto trading (which are never a guarantee) in a remarkably short time period: “Invest and earn up to 95% in 60 seconds.” Though the sales pitch is different, with Wintrust focusing on trading, and the doubler site focusing on some vague mining magic, the underlying ripoff is the same: sign up, deposit money (either crypto or fiat in this case) and lose it.

When news.Bitcoin.com attempted to use the 24/7 live chat assistance to ask about a platform demo, not surprisingly, no one answered.

Note the vague and meaningless claims. “Regulated.”

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Orelex

When your team looks this stock photo-y, watch out — you’re probably a scam. The page for “Orelex Financial Services” features a stock image that is easily reverse image searched on Google, revealing that the airbrushed characters in the picture are certainly not the Orelex team.

Investing in “crypography technology” the site promises users ” Sustainable Earnings = Master Business Plan X Customer Certainty.” If the spelling errors and bad grammar are not convincing enough, questionable testimonials from users (another common element of scam pages) saying things like “everythin is good” and multiple repeated comments are further red flags. Plus, the social media links do not lead anywhere. In short, users who don’t want their crypto wallets to be as broke as the site should steer clear.

Miningcheap.io

Another common front for bitcoin scams is to pose as a mining pool. While mining bitcoin can indeed be profitable, it is not effortless, and the fake mining websites give themselves away in the same manner as the others, promising easy gains via vague language designed to dupe those who haven’t done their due diligence in learning about the topic.

Mining Cheap says they are “an industry leading Bitcoin mining pool,” but a quick check of prominent bitcoin pools doesn’t show them anywhere to be found. The site also tries to combine gambling with mining, by giving those that make a deposit “free spins.” Similar fake mining sites exist, so those interested in joining a real mining pool as an investment should be sure to examine all possible options with a very critical eye. Like the other scams Mining Cheap has users sign up, make a deposit, and then promises quick returns which never come.

Cryptomia247

Cryptomia247 is a fake trading website promising an alluring lifestyle of wealthy digital nomadism:

After you have made a deposit, there is nothing else to do except watch your earnings grow in your account every day. This can be fun, because it means you can be anywhere you want to be in the world, and your capital will still be growing in your account every day, even without you doing anything!

The site features the now familiar one-two-three pattern of promise, register/deposit, lose. The giveaways of poor web design, broken links, and nonsensical offers described in poor English are also present.

Cryptomia247’s plan description is accidentally honest. The money deposited will indeed be gone forever.

Noticing Patterns to Stay Safe

It would be impossible to list all the hundreds or possibly thousands of similar bitcoin and crypto scam sites on the internet today. Those who have shiny bitcoin “B” signs in their eyes would do well to step back and closely examine any site promising them the financial world on a platter for next to nothing; because while investing in the scams listed above may pay for a yacht or nice lifestyle, rest assured it won’t be the victim’s.

Thankfully there are plenty of sound investment, trading, and mining opportunities out there, but they all require something scam platforms do not: hard work, time, and due diligence in research.

What other scam sites are you aware of? What are some other common red flags? Let us know in the comments section below.

Disclaimer: This article is for informational purposes only. It is not an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any products, services, or companies. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Images courtesy of Shutterstock, fair use.

Did you know you can verify any unconfirmed Bitcoin transaction with our Bitcoin Block Explorer tool? Simply complete a Bitcoin address search to view it on the blockchain. Plus, visit our Bitcoin Charts to see what’s happening in the industry.

2x Bitcoin: Wanna Double Your BTC to the Moon? Forget About It

Amid worldwide crisis and stock market turmoil, a growing number of investment schemes advertise a way to speedily double your bitcoins. Moon Bitcoin Live, for example, claims to be a licensed bitcoin doubler, promising that investors can double their bitcoins within 24 hours, with guaranteed payouts. However, there are many red flags about this type of investment scheme.

Moon Bitcoin Live

Plunging stock markets and the coronavirus scare have crippled many industries and driven many people to seek an alternative way to make money. Unfortunately, many scams are capitalizing on people’s monetary desperation, some of which have been around before Covid-19 while others only recently popped up.

Among them is Moon Bitcoin Live, a bitcoin doubler scheme that promises to double your bitcoins within 24 hours. Its website contains many bold, unsubstantiated claims, displaying the message “Moon Bitcoin Live Awesome Investment” right front and center. “Moon Bitcoin Live gives you a real platform to multiply your bitcoins instantly,” the website states, claiming that it is the “first trusted bitcoin doubler” and payouts are guaranteed. This investment scheme is very similar to a few others, including Bitcoin Doubler Club.

Moon Bitcoin Live claims to offer an “awesome investment” where investors can double their bitcoin within 24 hours, with guaranteed payouts. In reality, the same claims have been used by many scams.

Red Flags, Guarantees, Bitcoin x2 in 24 Hours

Like many scams, Moon Bitcoin Live has some obvious red flags. Investment fraudsters always hit their targets with an array of persuasion techniques, counting on them not to do research before investing. Besides promises that are too good to be true, such as “double your bitcoin in just 24 hours,” “100% secure,” and “instant payouts after 24 hours,” Moon Bitcoin Live advertises “guaranteed payouts.” Its site also displays, without proof, what it claims to be the payouts its members supposedly received.

Another major red flag is asking for an upfront investment. Creating an account is free, “Just enter your BTC address,” the Moon Bitcoin Live website urges, noting that payments are processed instantly and all payment methods are accepted. It will then ask you to send between 0.005 and 5 BTC to the company’s “deposit address.” To encourage large deposits, the scheme offers a 200% bonus for payments above 0.5 BTC. Moon Bitcoin Live also offers an affiliate program which it claims pays a 20% commission.

However, once you send your bitcoin to these scammers, you are not likely to ever see your coins again. These tactics have been used by many scammers since a regulated entity would be prohibited from making such claims. Instead, they are required to warn investors of potential investment risks.

A section of the Moon Bitcoin Live website shows the scheme’s promise to double your bitcoin in 24 hours. In reality, this is a scam tactic. Regulated entities are prohibited from making such claims but are required to warn investors of any investment risks.

Beware of Fake Address and Registration

Scams often list a fake address and sometimes a fake registration number in an attempt to sound legit. Moon Bitcoin Live clams to be a U.K.-registered company, but instead of having one registration number like all other legit companies, this scheme lists two different numbers on its website. The first is 10518084, displayed at the footer of the website, and the other is 10714202, found on the scheme’s certificate of incorporation.

News.Bitcoin.com contacted Companies House, the U.K.’s registrar of companies which is an executive agency and trading fund of Her Majesty’s government, to inquire about the two registration numbers. According to Companies House, the first number (10518084) actually belongs to a company called Crypto Zero Ltd. while the second (10714202) belongs to Bitcoin Finance Ltd. More importantly, the authority confirmed directly to news.Bitcoin.com that the company listed on Moon Bitcoin Live’s certificate of incorporation, Moonbitcoin.live Finance Ltd., is not registered with them.

Moon Bitcoin Live claims to be registered under two different company numbers. However, in reality, none of the numbers belong to the company. A fake certificate of incorporation is posted on the Moon Bitcoin Live website.

Furthermore, the address Moon Bitcoin Live listed on its website does not exist in reality. Its fake registration document also incorrectly references “the Companies Act 2020,” instead of Companies Act 2006.

There are many bitcoin doubler schemes; some even promise to double your bitcoin in less than 24 hours. Take extreme caution when searching for investment opportunities, as news.Bitcoin.com previously warned. With so many red flags, anyone sending their bitcoin to an investment scheme like Moon Bitcoin Live is unlikely to ever see their money again, let alone double it. Furthermore, as the worldwide crisis deepens, a slew of new scams have come online to take advantage of investors.

What do you think of investment schemes that promise to double your bitcoin? Let us know in the comments section below.

Pay Attention to These 7 Bitcoin Scams

Bitcoin – the possible Pandora’s Box of the currency world – has never been short of controversy. Whether it be aiding the black market or scamming users out of millions, bitcoin is no stranger to the front page.

Still, the jury is out on the legality and usefulness of bitcoin – leaving it in a proverbial grey area. Bitcoin’s price has fluctuated throughout its history, falling and rising, currently hovering near $10,000. Perhaps you’ve found bitcoin while it looks to be on the rebound and find yourself interested in it as an investment.

However, there have been several legitimate bitcoin scams that have become infamous, and you need to know about them – but, what are the top 7 bitcoin scams? And how can you avoid them?

What Is a Bitcoin Scam?

For most cases, it may be pretty obvious what a scam is – but with bitcoin, and cryptocurrency in general, things become murkier. Bitcoin itself is an unregulated form of currency that essentially is a mere number that is only given value because of an agreement. It’s basically like a moneybag with a lock on it – the code of which is given to the recipient of the bitcoin (an analogy drawn by Forbes in 2020).

Bitcoin scams have been famously criminal and public in nature. With no bank as a middleman in exchange, things become more complicated; so hackers and con men have had a heyday.

Top 7 Bitcoin Scams

There have been (and undoubtedly will be) nearly countless bitcoin scams, but these frauds make the list of the top 7 worst bitcoin scams to date. Take note.

1. Malware Scams

Malware has long been the hallmark of many online scams. But with cryptocurrency, it poses an increased threat given the nature of the currency in and of itself.

Recently, a tech support site called Bleeping Computer issued a warning about cryptocurrency-targeting malware in hopes of saving customers from sending cryptocoins via transactions, reported Yahoo Finance.

“This type of malware, called CryptoCurrency Clipboard Hijackers, works by monitoring the Windows clipboard for cryptocurrency addresses, and if one is detected, will swap it out with an address that they control,” wrote Lawrence Abrahams, computer forensics and creator of Bleeping Computer.

The malware, CryptoCurrency Clipboard Hijackers (which reportedly manages 2.3 million bitcoin addresses) switches addresses used to transfer cryptocoin with ones the malware controls – thus transferring the coins to the scammers instead. And, according to Asia Times, even MacOS malware has been connected to malware scams involving cryptocurrency investors using trusted sites like Slack and Discord chats – coined “OSX.Dummy.”

2. Fake Bitcoin Exchanges – BitKRX

Surely one of the easiest ways to scam investors is to pose as an affiliate branch of a respectable and legitimate organization. Well, that’s exactly what scammers in the bitcoin field are doing.

South Korean scam BitKRX presented itself as a place to exchange and trade bitcoin, but was ultimately fraudulent. The fake exchange took on part of the name of the real Korean Exchange (KRX), and scammed people out of their money by posing as a respectable and legitimate cryptocurrency exchange.

BitKRX claimed to be a branch of the KRX, a creation of KOSDAQ, South Korean Futures Exchange, and South Korean Stock Exchange, according to Coin Telegraph.

BitKRX used this faux-affiliation to ensnare people to use their system. The scam was exposed in 2020.

3. Ponzi Scheme – MiningMax

“Ponzi bitcoin scam” has got to be the worst combination of words imaginable for financial gurus. And, the reality is just as bad.

Several organizations have scammed people out of millions with Ponzi schemes using bitcoins, including South Korean website MiningMax. The site, which was not registered with the U.S. Securities and Exchange Commission, promised to provide investors with daily ROI’s in exchange for an original investment and commission from getting others to invest (basically, a Ponzi scheme). Apparently, the site was asking people to invest $3,200 for daily ROI’s over two years, and a $200 referral commission for every personally recruited investor, reports claim.

MiningMax’s domain was privately registered in mid-2020, and had a binary compensation structure. The fraudulent crypto-currency scam was reported by affiliates, resulting in 14 arrests in Korea in December of 2020.

Korea has long been a leader in technological developments – bitcoin is no exception. However, after recent controversy, it seems as though this is changing.

“But a lot of governments are looking at this very carefully,” Yoo Byung-joon, business administration professor at Seoul National University and co-author of the 2020 research paper “Is Bitcoin a Viable E-Business?: Empirical Analysis of the Digital Currency’s Speculative Nature,” told South China Morning Post in January. “Some are even considering putting their currencies on the blockchain system. The biggest challenge facing bitcoin now is the potential for misuse, but that’s true of any new technology.”

4. Fake Bitcoin Scam – My Big Coin

A classic (but no less dubious) scam involving bitcoin and cryptocurrency is simply, well, fake currency. One such arbiter of this faux bitcoin was My Big Coin. Essentially, the site sold fake bitcoin. Plain and simple.

In early 2020, My Big Coin, a cryptocurrency scam that lured investors into sinking an alleged $6 million, was sued by the U.S. Commodity Futures Trading Commission, according to a CFTC case filed in late January.

The CFTC case further details that the suit was due to “commodity fraud and misappropriation related to the ongoing solicitation of customers for a virtual currency known as My Big Coin (MBC),” further charging the scam with “misappropriating over $6 million from customers by, among other things, transferring customer funds into personal bank accounts, and using those funds for personal expenses and the purchase of luxury goods.”

Among other things, the site fraudulently claimed that the coin was being actively traded on several platforms, and even mislead investors by claiming it was also partnered with MasterCard, according to the CFTC case.

Those sued included Randall Carter, Mark Gillespie and the My Big Coin Pay, Inc.

5. ICO Scam – Bitcoin Savings and Trust and Centra Tech

Still other scammers have used ICO’s – initial coin offerings – to dupe users out of their money.

Along with the rise in blockchain-backed companies, fake ICOs became popular as a way to back these new companies. However, given the unregulated nature of bitcoin itself, the door has been wide open for fraud.

Most ICO frauds have taken place through getting investors to invest in or through fake ICO websites using faulty wallets, or by posing as real cryptocurrency-based companies.

Notably, $32 million Centra Tech garnered celebrity support (most famously from DJ Khaled), but was exposed for ICO fraud back in April of 2020, according to Fortune. The company was sued for misleading investors and lying about products, among other fraudulent activities.

The famous DJ wrote his support in a caption on Instagram back in 2020.

“I just received my titanium centra debit card. The Centra Card & Centra Wallet app is the ultimate winner in Cryptocurrency debit cards powered by CTR tokens!” Khaled wrote.

The U.S. Securities and Exchange Commission even issued a warning in 2020 about ICO scams and faux investment opportunities, brought on by a slew of celebrities who promoted certain ICOs (like Paris Hilton and Floyd Mayweather Jr. to name a few).

“Any celebrity or other individual who promotes a virtual token or coin that is a security must disclose the nature, scope, and amount of compensation received in exchange for the promotion,” the SEC wrote in an Investor Alert in 2020. “A failure to disclose this information is a violation of the anti-touting provisions of the federal securities laws.”

Another example is Bitcoin Savings and Trust, which was fined $40.7 million in 2020 by the SEC for creating fake investments and using a Ponzi scheme to scam investors. According to Coin Telegraph, Trenton Shavers, the organization’s leader, allegedly scammed investors into giving him 720,000 bitcoins promising a 7% weekly interest on investments – which he then used to pay back old investors and even fill his personal bank accounts.

6. Bitcoin Gold Scam – mybtgwallet.com

Nothing catches the eye of the naïve quite like the promise of gold – bitcoin gold, of course.

That is exactly what mybtgwallet.com did to unsuspecting bitcoin investors.

According to CNN, the bitcoin gold (BTG) wallet duped investors out of $3.2 million in 2020 by promising to allow them to claim their bitcoin gold. The website allegedly used links on a legitimate website (Bitcoin Gold) to get investors to share their private keys or seeds with the scam, as this old screenshot from the website shows.

Before the scam was done, the website managers (slash scammers) was able to get their hands on $107,000 worth of bitcoin gold, $72,000 of litecoin, $30,000 of ethereum, and $3 million of bitcoin, according to CNN.

Bitcoin Gold, the site’s wallet used in the scam, began investigating shortly after, but the site remains controversial. Still, firm released a warning to bitcoin investors.

“It’s worth reminding everyone that it will never be truly safe to enter your private key or mnemonic phrase for a pre-existing wallet into any online website,” Bitcoin Gold wrote. “When you want to sweep new coins from a pre-fork wallet address, best practice is the same as after other forks: Send your old coins to a new wallet first, before you expose the private keys of the original wallet. Following this basic rule of private key management greatly reduces your risk of theft.”

7. Pump and Dump Scam

While this type of scam is certainly not relegated to just bitcoin (thank you for the education, “The Wolf of Wall Street”), a pump-and-dump scam is especially dangerous in the internet space.

The basic idea is that investors hype up (or “pump up”) a certain bitcoin – that is usually an alternative coin that is very cheap but high risk – via investor’s websites, blogs, or even Reddit, according to The Daily Dot. Once the scammers pump up a certain bitcoin enough, skyrocketing its value, they cash out and “dump” their bitcoin onto the naïve investors who bought into the bitcoin thinking it was the next big thing.

Bittrex, a popular bitcoin exchange site, released a set of guidelines to avoid bitcoin pump-and-dump scams.

While “stackin’ penny stocks” may sound like an appealing way to earn an extra buck (thanks to its glamorization by Jordan Belfort), messing in bitcoin scams is nothing to smirk at.

How to Avoid Bitcoin Scams

With the inevitable rise of bitcoin in current and coming years, it is becoming increasingly important to understand and be on the lookout for bitcoin scams that could cost you thousands. As more people become interested in Bitcoin, more people are also likely to try and pull off a scam.

There is no one formula to avoiding being scammed, but reading up on the latest bitcoin red flags, keeping information private, and double checking sources before investing in anything are good standard procedures that may help save you from being duped. Cryptocurrency can be a confusing topic even for the experienced Bitcoin enthusiast, so the more you read up on the world of Bitcoin, the more prepared you can be. After all, knowledge is power.

Bitcoin Era Review

Bitcoin Era Review – Scam or is it legit?

The following report describes our experience with Bitcoin Era, it is one of the best auto trading platforms for cryptocurrency. We were compelled to review Bitcoin Era because of the requests from our audience who wanted to invest but needed to be sure they could make a profit. Thankfully, we have good news, Bitcoin Era is excellent, it is one of the best auto trading platforms everyone can use to make a daily profit from the cryptocurrency market.

We have tested Bitcoin Era comprehensively using the best analytics tools to study the system. It is flawless; we found proof that current investors are earning more than $5,000 daily. However, this depends on your deposit, higher investments generate more profits. What we confirmed is that making a profit with Bitcoin Era is guaranteed regardless of the value of funds you have deposited. This makes Bitcoin Era a unique platform with one of the best trading robots that can be used to grow a passive income.

My team was made up of business strategists, software engineers, and cryptocurrency traders with a vast knowledge of the Fintech sector and cryptocurrency investment. We had one goal to confirm whether everyone can make money with Bitcoin Era, and after our tests, we have proof that this is possible for all investors.

Our rating: Bitcoin Era is not a scam
Visit the official Bitcoin Era Website

What is Bitcoin Era?

Bitcoin Era is an automated system that can be used to invest in the cryptocurrency market and earn a profit daily. The system uses intelligent trading robots that automatically perform transactions with funds deposited in a user’s account. All the profit made at the end of a trading session is credited to the users’ account.

Bitcoin Era was created and launched in 2020; it features a system that performs transactions faster than the regular cryptocurrency market processes.

Anyone can join for free, we needed to create a Bitcoin Era account to test the system, and it was completely free. The trading system is monitored by professional brokers who ensure that all transactions done on behalf of investors are profitable.

Our experience with Bitcoin Era has been great; we didn’t spend too much time testing the system because everything works smoothly. The platform is automated and can be used by anyone who wants to start making money online by trading Bitcoins. It is similar to other excellent auto trading platforms such as the Bitcoin Revolution which we have also tested.

Is Bitcoin Era a scam?

We can confirm that Bitcoin Era is not a scam. We have tested all its features and used real money to trade on the platform. Everything works, and our experience was fantastic. We were also able to interact with the administrative team running the platform to confirm specifics such as the online security protocols used and licencing for operation.

Bitcoin Era is the best choice for a smart investor. We decided to keep our Bitcoin Era account after discovering that the system has a high win rate of 96%, this is possible because of the intelligent robots which are highly accurate. The cryptocurrency market is known to be volatile; however, the risks are lower when investors use a smart system such as Bitcoin Era that works with trading robots programmed to perform transactions in seconds.

Our analytics tools reveal that Bitcoin Era has a reliability score of 88%, which is very commendable. We also tested the customer service system; it is responsive and managed by real people. We can confirm that Bitcoin Era is not a scam; you can invest real money and earn a profit after every live trading session.

Bitcoin Era trading process

We discovered that a vast amount of information about Bitcoin Era has been published on the website for free. My team was impressed with this level of transparency. It is possible to find all the information needed to know how trading robots work. There are also details about the trading system and measures implemented to ensure all users make money with Bitcoin Era.

We were happy with this level of transparency; it shows that the developers are interested in forming a long-term partnership with their users. We should also note that Bitcoin Era has been designed with a user-friendly interface that is easy to navigate. To get started and make money with this auto trading platform, you need a registered account.

Creating a Bitcoin Era account

Step 1: Registration

We found it so easy to register our Bitcoin Era account, not because we have the experience, but the site is user-friendly. Unlike many other trading platforms we have tested, we only had to enter a user name, email address, and phone number to register a new Bitcoin Era account.

Step 2: Study the system

After our Bitcoin Era account was verified and registered, we were given access to more information about the auto trading platform. We encourage everyone to take this opportunity to study the system before proceeding. On this page, we could view and edit our profile. We also found information about the broker assigned to our account, deposit options, activity, and a summary of recent transactions.

Here are some of the significant tabs:

  • Trading Account:A click on this tab reveals account activity, this helps with monitoring account activity. However, there is so little to do because the trading robots take charge of everything.
  • My Profile:On this page, we found options to modify password, account information, and bank details for payment and withdrawals.
  • Fund Transfer:This is the portal used to initiate withdrawals and make payments.
  • Platform Downloads:The trading platform is hosted online; however, users who wish to download can do that here.
  • Customer support:We found out that the customer support system is available 24/7; this is a good thing because users from all over the world can get help regardless of their time zone.

Step 3: Trading Modes

We were also delighted to discover that registered users could access the demo trade and live trade modes on Bitcoin Era. The Demo trade mode can be used to test the system without using real money. It is a good option for experienced traders like me to study how the trading robots work. The live trade mode involves the use of real money, which is used for transactions in the cryptocurrency market.

We encourage every user to study the demo trade mode to get more information about the auto trading system on Bitcoin Era. We tested the demo mode, it works flawlessly, there are no glitches, and the processes are the same when we compared the demo trade with a live trading session on Bitcoin Era.

The live trading system on Bitcoin Era is also a simple process. We had an amazing experience using this feature because Bitcoin Era has a transparent operating system.

To make money with Bitcoin Era, all we need to do is make a deposit, activate the live trading feature and watch the system make money for us. We think it is brilliant; now everyone can become rich from trading Bitcoins; the huge profits are no longer accessible to only trained cryptocurrency traders.

After studying the trading modes on Bitcoin Era, we proceeded to make a deposit, without depositing funds in our Bitcoin Era account; it will not be possible to activate the trading robots on the system.

Step 4: Deposit

Makin a deposit on Bitcoin Era was also very easy. The site offers multiple payment options such as MasterCard, Visa, PayPal, Net-teller, Skrill, among other payment options. We also observed that the minimum deposit has been set at $250; we think this is great; it is affordable compared to other trading robots. The maximum deposit on Bitcoin Era is $15,000. We are impressed with the system; multiple payment options make it possible for users from all parts of the world where Bitcoin Era is available to make money daily because they can invest easily using any of the payment options available in their country.

Bitcoin Trader Review

Considering the volatile nature of the cryptocurrency market, it is understandable that many people are skeptical about using Bitcoin Trader. However, we might be losing out on a great opportunity to make much money by entertaining doubts.

Thankfully, my team and I had some free time, and we decided to extensively examine the Bitcoin Trader to achieve what should become the final verdict the public needs to know- if the cryptocurrency trading platform can be trusted. In this review, we have documented our findings, which I am sure will make every reader and potential investor very happy. Let’s start with an overview of the Bitcoin Trader to enlighten readers who didn’t know about it before.

Conclusion: We have tested the platform and believe it is 100% legit!

Robot Rating Properties Trade
The best choice ☑ Bitcoin Trader is NOT a scam
☑ High Profit Ratio
☑ Easy & Fast Withdrawals
☑ Works also via App
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What is the Bitcoin Trader?

The Bitcoin Trader was designed to function as a tool that can be used by traders to buy and sell Bitcoins with minimal effort and the promise of making a significant profit. It was invented in 2020 by Gary Roberts and has been used by many traders to grow their passive income significantly.

One of our objectives during this review of the Bitcoin Trader was to test the advertised features of the Bitcoin that sound very attractive such as the fast processing for transactions that can give traders leverage in the market. The Bitcoin Trader can be used to perform trades significantly quicker than similar platforms online.

It is a great idea to develop robots that can help cryptocurrency traders cope with the ever-changing market. Think about how difficult it is to handle hundreds of transactions in a few minutes. Thanks to the trading robots such as Bitcoin Trader, it is possible to trade faster and earn more. The importance of these trading robots is one of the reasons we are interested in discovering the true nature of the Bitcoin Trader and revealing our findings publicly.

The first thing we observed about Bitcoin Trader is its automated trading features which have been tested and proven to be effective. Leveraging the automated trading features, users can earn as high as $1,300 a day with the minimum deposit of $250 required to start trading.

Sounds great right? Wait till you read more about our findings, it seems cryptocurrency traders are set for better times ahead using platforms like Bitcoin Trader.

Is Bitcoin Trader Legit? Yes

Questions about the legitimacy of Bitcoin Trader topped the list of inquiries from traders interested in maximizing their earning potentials. So it was the first aspect my team, and I sought to examine. It turns out that Bitcoin Trader is 100% legitimate and suitable for new and experienced traders.

After verifying the authenticity of the Bitcoin Trader, we checked the internet to view feedback from current and past users. My team and I felt it was best to know what the public is saying about the Bitcoin Trader so we can identify specific areas to examine during our tests. We found conflicting remarks online about the Bitcoin Trader. Some users wrote that it is the best and most trustworthy trading platform they had used, while others indicated they experienced some frustrations and had to discontinue using the platform.

This discovery was not surprising; after all, everyone cannot be pleased with a product. So we identified the areas of concern indicated by the unsatisfied users as a guide for our review of the Bitcoin Trader.

Is Bitcoin Trader Scam or Not: The Verdict!

Here’s a summary of our findings that made our team confidently vote against all indications that Bitcoin Trader is a scam;

  1. We discovered that users could potentially enjoy positive returns as high as 88% by leveraging the trading signals on the platform.
  2. The trading platform is responsive and has commendable usability. Traders who have read and understood how automated trading for cryptocurrencies work stands to be among the top gainers with Bitcoin Trader.
  3. The minimal deposit of $250 is a strong indication that the developers of Bitcoin Trader are interested in helping users make careful decisions considering the volatile nature of the cryptocurrency market.
  4. The App for Bitcoin Trader can be downloaded in seconds, and registration only takes a few minutes, check it out by clicking this link.

What is the Bitcoin Trader?

The Bitcoin Trader is best described as an automated cryptocurrency trading platform that functions with intelligent robots backed by sophisticated Artificial Intelligence. While that sounds complicated, we found out that using the Bitcoin Trader is really simple. The software can be classified in the ranks of other popular cryptocurrency trading platforms such as the Bitcoin Code and Cryptosoft.

The Bitcoin Trader offers new and experienced traders a chance to increase their passive income by investing a low as $250 to get started. The intelligent robots that work with this system are programmed to detect favorable Bitcoin prices at which users can buy or sell to make a profit.

Our extensive study of the Bitcoin Trader for this review helped us understand the automated trading system, which can lower the time needed to make the best trading decisions. Regarding cryptocurrency, time is money, and fast decisions are essential to make the most profits. This is why automated trading systems are more effective than relying on manual trading processes. No wonder the Bitcoin Trader is very popular. We are confident the effort put into doing this review will help more traders decide and start earning more with the Bitcoin Trader.

How it works

The process is quite easy to understand. We have carefully studied the Bitcoin Trader, and how it works so, you can trust this review for accurate information. First, new users will be required to register an account. After this stage, they can deposit funds and activate the auto trading feature to start working for them. Sound easy right? We were happy about the straight forward process, and sure many users won’t have problems creating an account. In our case, we set up our account and ready to start earning in a few minutes.

The information we were required to provide are as follows, full names, contact information- we entered a phone number, and an active email address which was verified. The steps for registration have been described below

Robot Rating Properties Trade
The best choice ☑ Bitcoin Trader is NOT a scam
☑ High Profit Ratio
☑ Easy & Fast Withdrawals
☑ Works also via App
Trade Now

Creating a Bitcoin Trader account

Step 1: Registration

Registration is done on the official BitcoinTrader website. There a registration form is provided which we completed before proceeding. There were no charges at any of the registration stages, unlike some other software we had tested.

After entering the required information – full name and contact information, we proceeded to the next registration stage, password creation. We entered a secure password of six characters according to the mandatory requirement. It is also stated that the password must be alphanumeric or the process cannot continue. Done with this step, we selected our country and entered a valid phone number. At this stage, the ‘Register Now’ tab was highlighted to continue the process. Averagely, this whole process should take less than two minutes.

Step 2: Making a Deposit

We chose to proceed by selecting the minimum deposit of $250. A deposit must be made before any user can activate the live trading feature. It is best if new users start with the minimum deposit of $250 and have the first experience before making higher deposits.

Making a deposit was easy because multiple payment options are available on the website. We saw that deposits could be made using MasterCard, Visa, or Maestro. To confirm the authenticity of a card, the user will be required to enter the expiry date and security code on the card. Before we entered this information, one of the experts in my team double checked the security in place for online safety. Thankfully, we found out that all transactions are protected with SSL. Satisfied with the security on the website, we proceeded to enter our payment information.

Step 3: Demo trading

Before starting the automated trading feature for live trade, we were prompted to tests the demo. The demo mode is a replica of the real trading process but without the use of real money. We tried it, and the demo mode was fantastic. We were able to view how live trades are done and how effective the system is, good enough, we made some money on the demo trade. Though earnings on the demo mode are not redeemable, we were confident in making real profits from our deposit of $250.

Step 4: Trading Process

It was interesting to find out that other cryptocurrencies were available for live trade. We were happy at this discovery because the existence of other cryptocurrency means traders can gain more from matching different currency pairs such as BTC/USD, XRP/EUR, or BTC/EUR and other combinations.

Before live trading starts, we were prompted to set trading limits for safety and select the currency pairs of our choice. This is where our knowledge of cryptocurrency trading was helpful. The initial settings will apply every day of trading, except it is changed before live trading starts.

In our case, we had some useful knowledge about cryptocurrency trading, so we were confident in deciding to activate the live trading feature. However, we advise everyone to use the demo mode first and start with little amounts to avoid loss. Trading limits can be slowly increased as the user learns more about the system.

We made impressive profits with our initial deposit and were able to withdraw our earnings without any problems. The transaction was fast and smooth, a plus for the Bitcoin Trader in our assessment.

Important Features of the Bitcoin Trader

Payout system

Let’s talk about our findings on the payout first since it is an area many people will be interested in. The platform is designed to help every trader earn as high as $1,300 every day. While this figure may only be achievable by experienced traders, from our experience, we are confident that new users with the minimum deposit can make impressive profits daily, just like we did. Over time, and with more experience, earnings will increase.

Verification Process

Verifying personal information is important. The details needed include full name, phone number, and an email address.

Withdrawal and Deposits

To make a deposit, we needed to enter the security code provided by our payment source as an authentication step before our account was debited. After earning a profit on the initial deposit we made, it was time to withdraw earnings and test the system. Thankfully, this was another smooth process. We were able to initiate a withdrawal request, and the transaction was completed in a few hours, unlike other platforms we had tested when our credit did not reflect for a few days.

Charges

We were particular about investigating the fees charged on the Bitcoin Trader platform because many of such services have different hidden charges unknown to users. It is with great pleasure that we found out there are no hidden charges on the Bitcoin Trader. Our initial deposit reflected in the account we created, and no deduction was made. So regarding hidden fees, using Bitcoin Trader is free.

Feedback system

We found some reviews posted by users on the website. They were interesting to read, some users made as much as $100,000 in profits after using the Bitcoin Trader for two months. Others have been able to make consistent profit every day, remarkably increasing their passive income.

Customer Support

We also tested the customer support system on Bitcoin Trader website, and it was a good experience. We saw options such as live chat, email, or phone numbers to contact a member of the customer support team. Using the live chat feature, we got a quick response, and the staff knew much about the system to provide the information we needed.

Brokers

The system is affiliated with online stockbrokers who support the different investments made by users. After making a deposit, our account was linked to an online stockbroker registered and vetted by the system.

Robot Rating Properties Trade
The best choice ☑ Bitcoin Trader is NOT a scam
☑ High Profit Ratio
☑ Easy & Fast Withdrawals
☑ Works also via App
Trade Now

Bitcoin Trader Versus other Robots

Bitcoin Trader Other Bitcoin trading platforms
The registration process can be completed in less than two minutes. Requirements such as Identity cards and questionnaires make the registration process long and quite frustrating.
Multiple payment options it is convenient to make deposits using any preferred option. To make deposits users need to meet a long list of requirements such as presenting bank statements, and providing proof of income sources, in some cases, the banks will need to be contacted, and this takes time.
Customisable settings for trading to reduce risks. Fully automated trading systems that place all the users’ funds at risk if one mistake is made.
Many users have posted real reviews, it is an indication a majority of the users are satisfied with the system. The common reviews for the other trading platforms depict disappointment and doubts about long-term benefits.
Fast withdrawal processing usually completed in 24-hours. Withdrawal processes can take as long as ten days to complete.

Why should you trade with Bitcoin Trader?

During our review of the Bitcoin Trader, we made it a point to identify some unique points that can be presented as reasons more people should create Bitcoin Trader accounts and start trading.

  • User-friendly features- from our experience with this platform, we can affirm that many of the active features on Bitcoin Trader are user-friendly. The quick registration process, making a deposit, activating the live trading feature and withdrawals can be done without expert knowledge of cryptocurrency trading.
  • Reliable customer support- The customer support system is accessible 24/7. This is a great feature because the traders who use Bitcoin Trader are from different parts of the world where they have varying time zones. It is essential that customer support is always available when needed. And we can state that the team has all the resources to help users, from our experience and interaction with customer support staff.
  • Demo trading feature- it is very considerate that the developers have added the demo trading feature on the Bitcoin Trader. We tried the demo trade, and it was a fantastic experience, it gives you a clear idea of how trading is done on the platform before you start using real money for trading.
  • Fast processing- Automated cryptocurrency trading requires fast processing because of the rapid changes in the market. Once an opportunity arises, the system must take advantage and help users earn more. We are satisfied with the processing time on Bitcoin Trader. From our assessment, the processing time is about 0.1 seconds faster than other trading platforms.

How much money can be made with Bitcoin Trader?

Honestly, all traders on the platform can make much money every day. It is that profitable, and we are happy the system passes our tests for reliability and integrity. However, the risks in the cryptocurrency market must be considered when making an investment. It is best to start with the minimum deposit and set proper limits as a new trader. Over time and with experience, you can deposit more funds to increase your earnings. We have compiled essential tips to help all users earn more on Bitcoin Trader;

  1. Invest wisely- We started with the minimum deposit for our assessment project. The minimum deposit on Bitcoin Trader is $250. Thankfully, we earned a profit on this deposit. We have retained our account for more trading. So it is essential that you start small and grow your investment.
  2. Withdraw earnings- It is a great idea to withdraw your earnings. The capital, initial investment, can be left in the system for more trading, as we will do, with this approach, the earnings can be saved and used for other things while the initial capital keeps making a profit.
  3. Keep learning about cryptocurrency trading- there is so much information on the internet for free. You can get the latest information and strategies to increase your earnings. For example, getting more information about matching currencies will help you make better decisions and more profit.
  4. Don’t invest all your savings at once- considering the risks in cryptocurrency trading due to the volatile nature of the market; it is best if you invest only your disposable income. This approach will help lower the risks without stopping your earning capacity.
Robot Rating Properties Trade
The best choice ☑ Bitcoin Trader is NOT a scam
☑ High Profit Ratio
☑ Easy & Fast Withdrawals
☑ Works also via App
Trade Now

We have seen some remarks and information online claiming the Bitcoin Trader has been featured in some top TV shows. This information lacked vital details to ascertain if it is true. So we decided to investigate and publish our findings in this review.

Dragon’s Den

Dragons Den is a popular TV show about investment and aspiring entrepreneurs looking for wealthy investors. It is the type of show that can be affiliated with the Bitcoin Trader, but we did not get any confirmation that such affiliation has happened. One of the hosts on the show, Naomi Simpson has called for all reports linking the TV show with automated trading platforms to be reported as false. So disregard any claims you see online.

Shark Tank

Another TV show Shark Tank, similar to the Dragons Den, has also been linked with Bitcoin Trader. However, this is the work of lazy marketers who are trying to convince the public to buy their cryptocurrency trading software because similar systems are endorsed by popular TV shows. Our findings also revealed that Bitcoin Trader is not affiliated with the Shark Tank in any way, at least not yet.

Have any celebrities endorsed the Bitcoin Trader?

The best way to drive traffic to a website is by convincing a celebrity to endorse the brand. It works like magic, so we are not surprised many false claims are online about celebrity endorsements of the Bitcoin Trader. We checked the sources and followed up each claim in the following cases;

Peter Jones

Peter Jones is one of the sponsors of the TV show Dragons Den. His name has been linked to the Bitcoin Trader, with claims that he has 20% shares in the company. We checked this information and found out it is not true. While many investors will jump at the opportunity to own shares in the Bitcoin Trader brand, Peter Jones has not secured any of such deals.

Elon Musk

Elon Musk is known as a savvy entrepreneur with many achievements. We are not surprised that Elon Musk is one of the targets of fake news carriers claiming he has stakes in the Bitcoin Trader. However, he has dispelled all rumors affirming that he has no investment interests in Bitcoin Trader according to an official report.

Gordon Ramsay

Gordon Ramsay is rich and a celebrity chef. With all his investments and endorsements, we know Gordon has enough funds to invest in start-ups and other companies. His name has been linked to the Bitcoin Trader as one of the stakeholders. We checked this information, and again, it turned out to be false, the work of people trying to capture a part of the celebrities’ huge fan base to invest in their trading software.

Bitcoin Trader has been used for many of these fraudulent claims because it is one of the best trading platforms now and has many active users. However, these claims are being flagged as fraudulent by the company to inform its users and potential account holders to avoid any misconception about its stakeholders or investors.

After our extensive checks, tests, and personal experiences using the different features of the Bitcoin Trader, we can affirm the platform is authentic, and all users stand to gain remarkable profit by leveraging the automated trading features.

Does Bitcoin Trader have a mobile app?

Since we could not find a mobile app for Bitcoin Trader on the two most popular app stores for iOS and Android devices, we can say there is no mobile app for the Bitcoin Trader at the moment. Trading can only be done with a computer or other mobile devices, via the website. To get started, every user will need to create an account and make the deposit on the secure website.

Our Conclusion

We had a productive time learning about the Bitcoin Trader and its different features. We also enjoyed trying the features to know if they really work. The outcome of this assessment leads us to confirm that the Bitcoin Trader is 100% legit and can help new and experienced traders significantly increase their earnings from cryptocurrency trading. You can trust Bitcoin Trader. Our experience using the live trading feature indicates that users can earn between $200 and $1,000 every week. The system is designed with user-friendly features that everyone can use without having expert knowledge. We recommend all users to start with the lowest possible deposit $250, earn and reinvest the capital, in a short time, the money will add up to a significant amount as earnings.

Robot Rating Properties Trade
The best choice ☑ Bitcoin Trader is NOT a scam
☑ High Profit Ratio
☑ Easy & Fast Withdrawals
☑ Works also via App
Trade Now

FAQs

  • What is the Bitcoin Trader?

Bitcoin Trader is an automated cryptocurrency trading platform managed by robots enhanced with artificial intelligence to perform high yielding trades on behalf of the user.

  • How much can be earned by using Bitcoin Trader daily?

Averagely, traders can earn between $200 and $1,000 every day using the Bitcoin Trader. Many traders start with the minimum deposit of $250 and later increase deposits after earning more money.

  • What is the function of a crypto robot?

A crypto robot is part of the automated trading system; they function with high-level artificial intelligence to identify the best prices for Bitcoin and other top cryptocurrency. The speculations generated by crypto robots help traders buy cryptocurrencies at a low rate and sell higher to make a profit when the market price appreciates.

  • What is the highest value in earnings a trader has made using the Bitcoin Trader?

The earning potential of every user on the Bitcoin Trader platform is limitless. So far, we have recorded traders who made their first million in about sixty days.

  • Are funds deposited by traders secure?

Yes, the owners of the Bitcoin Trader have ensured that all funds deposited are secure. However, the known risks associated with the cryptocurrency market apply when live trades are done on the platform.

  • How much is required to create an account and start trading?

It is free to create an account on Bitcoin Trader. There are also no hidden fees or charges. The developers have ensured the system is transparent and all funds available in your account can be withdrawn when needed.

  • Is it necessary to have a wallet for cryptos to start trading on Bitcoin Trader?

No, a wallet is not needed to store cryptos because all Bitcoin values are converted to cash in your local currency at the time of withdrawal.

  • What other Bitcoin trading platforms exist in the market?

While we encourage everyone to leverage the fantastic features of the Bitcoin Trader, alternatives such as the Bitcoin Code exist.

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