Bitbot Scam Review: Really Bad Robot

Bitbot Scam Review: Really Bad Robot

Bitbot Review Update 2023: After deceiving investors to deposit funds, the website is no longer active.

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Advantages and Features to Look for when Choosing the right crypto trading robot

  • Great customer support

You obviously want a platform that’s available to help you when needed. Most of our recommended cryptocurrency trading robots offer reliable 24/7 support.

Conventional crypto methods of trading such as brokers may not be there to help you with any issues faced.

  • Great for newbies

For those who want to start crypto trading, you don’t need any experience in the field. The platform is one of the best when it comes to ease of use.

These robots offer traders a memorable user-interface

  • Better trading performance overall

Experts and traders look for a robot furnishing traders with reasonable ROI. That means you will be in the leading position to offer the best in terms of positioning.

The robots were seen to produce results of over 85 percent in most cases, and these were consecutive trading days.

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  • Ease of use

You don’t have to be an expert to start using these robots as they are easy to use and apply with your trading platform.

Traders get an exciting interface with support staff and tutorials available to guide you on how best to utilize these trades.

  • Dependable

The robots are fully dependable and offer the best in terms of all round service delivery. These robots don’t crush during live trading sessions.

  • Efficiency

Another important aspect of choosing a crypto robot is its efficiency. How efficient is the robot?
Please find out the best way for efficiently removing any obstacles and offer alternatives.

Our robots have what it takes to offer relative efficiency.

Bitbot Stole my Funds, what’s the next move?

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Bitbot Facts

Bitbot masquerades as a Bitcoin trading robot. But it isn’t a Cryptocurrency trading robot at all. It’s a ponzi scheme. Anyone who wants to test it must be prepared to send their Bitcoins to an unknown address and wait to see if their withdrawal request will be honored the next day.

We don’t like this idea because it misleads investors by making them believe that a profitable trading robot exists behind the scenes.

The question you should be asking these folks is where is the robot? How can you know if they are truly investing your funds in the Cryptocurrency market? After all, we cannot base our decisions on unverified claims. Besides, we are already doubting their business operation. We would rather have them offering this robot for a certain fee so that everyone can download their files and use it with their respective brokers.

We don’t like scammers masquerading as hedge fund managers who use trading robots to multiply their clients’ investments. This idea is just not inspiring our confidence.

So the question is, can you make money with Bitbot? Can we trust these guys that they will handle our investments professionally?

Bitbot Review

The trading robot in question can be found at You might want to check it out just to pick a few red flags here and there.

As you can see, the site doesn’t invoke our confidence in any way. Some of the contents of this site is in Russian language. This might suggest that their operators are based out of Russia or are somehow familiar with Russian language.


We do not want to make a general assumption here. But clearly robots that are found on Russian sites are the worst trading programs on the internet – in our opinion. Also, some of the worst internet ponzi schemes are apparently owned or operated by Russians. We will of course look at other factors that make this website an investment risk. Then we will draw a conclusion.

The alleged features of Bitbot

There are a number of alleged advantages that investors can enjoy from this site if they choose to invest in their robot.

The site claims that investors can withdraw their balance at any time. Unfortunately, there is no user feedback on this. We cannot trust these claims at all.

The website also claims that payment is guaranteed and that they are taking responsibilities to safeguard their clients of any risk that may arise.

What you should remember is that this website is anonymous, and there is no way someone who doesn’t want to reveal their identity can claim responsibility. So this is clearly a statement that holds no water in this context. Also, they claim that the idea of Bitbot is based on data processing and that the software has passed several vulnerability checks before being introduced commercially.

They even claim that they have hired the best Russian programmers to check for these vulnerabilities. Now they are ready to start using the robot on investor funds to make them profits.

At this point, we should probably remind you that we have heard these stories for the longest time ever. Scammers are amazing people because they know how to recycle story lines that can sometimes convince newbies. In this case, we have no idea who these people are, yet they claim to have the resources to hire programmers who can check vulnerabilities on robots.

Even if we believes their story, we would appreciate it very much if we saw this robot’s track record for the last one or two months.

There is no need to request these trading results because we already know what to anticipate. Bitbot is run by a site admin who lacks transparency. Definitely they will ignore this request or give us excuses as to why they cannot release past trading records. Either way, we are sure that we will never get an answer.

Profit potential

Daily returns for this robot is 1% for 30 days. That means in 30 days, you should have 30% of your initial deposit back. We do not believe them. We don’t know about you. Let’s just put it this way. 30% monthly ROI is impossible to achieve and maintain for a long period of time. Yes, you may be that lucky in the first month. However, there is no guarantee that you will make 30% or more the following month.

Unfortunately, the scammers who run this project will never tell this truth. They claim that you can only expect between 1-5% daily profit. That clearly shows that Bitbot is a ponzi scheme since this is not trading at all.

If someone is promising you guaranteed profits from trading of any kind regardless of the asset, you should know that they are scammers wanting to prey on your money. Bitbot is one such robot that disregards this logic. They are probably targeting newbies who have heard that a lot of money can be made through trading Bitcoins and other Cryptos. Don’t believe them and your funds will be safe. That’s the rule of thumb here.

Who owns Bitbot

Bitbot is hosted on a website whose owner cannot be traced, and that means everything about this operation is anonymous. Don’t forget. These guys want you to deposit any amount starting $10. They are promising daily profits which can be withdrawn at any time. This is clearly an interesting thing. It is either you have found a free source of revenue for life or are about to get scammed.

The sucker is just hiding behind a computer and using a website with anonymous ownership to spread false claims. Bitbot isn’t exactly what we are expecting to use. We can never recommend this trading system.

Our best advice for you

We almost forgot. Bitbot or the website’s operation isn’t licensed. To professionally operate an asset management company, you must find a license. Otherwise, you are either operating a criminal enterprise knowingly or unknowingly. We want to believe that scammers are not stupid. So they are definitely doing something they know. To avoid putting yourself in a financial risk, use these trading robots instead.

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