Bitcoin Fast Profit App (Bitcoinfastprofitapp.com) is another wannabe platform guaranteeing profits of $13,000 in less than 24 hours. BitcoinFastProfitApp is another deceitful and well-planned trading scam targeting Crypto investors. With the digital currency gaining traction, a lot of scam artists are turning their attention to this lucrative market. And this is why investors need to be careful when dealing with upcoming trading products and services. Conducting an investigation prior to signing up is key in avoiding online trading scam platforms.
Insane claims and promises are what is seen on their homepage. Bitcoin Fast Profit App claims the platform is able to guarantee $700 for each investor daily. If this was the case, all investors that we know would be using this platform. It is not the case as smart investors know how to spot a scam when they see one. BITCOIN FAST PROFIT APP is a SCAM that must be exposed for all to see. Investors have been ruing signing up with this insane and ridiculous online trading platform.
Start the Crypto trading world in the right footing using credible digital trading tools. Avoid using tools that come with excess and unimaginable trading profit margins. Instead, use tools that have been given the green light by experts and the trading community. Bitcoin Fast Profit App is another insane platform to avoid. Due to the numerous complaints we have seen, it is our duty to delve into the product. Below is a list of concrete reasons which make trading with this platform a hellish ride.
Bitcoin Fast Profit App is only dealing with Crypto assets. What they fail to mention is the type of Crypto assets the platform is able to trade with. Do they pit currency pairs against Cryptos? Which type of Crypto-assets do they use in their platform? These are the main questions that the website fails to answer. And the missing information is critical when it comes to choosing a Crypto trading platform. A genuine platform will offer information to the public regarding the full assets and conditions available.
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There is no developer or a team of developers that have come forward and claimed ownership. And this is the first red flag we spotted with the robot. Without clear ownership details, it means we are dealing with a rogue trading platform. Steer clear of this platform or else become another victim. It is clear Bitcoin Fast Profit App is an anonymous online trading platform with no clear profile. Such platforms have been known to extort funds from members and fail to deliver on their promises.
Scam artists will use every trick in the book to try and entice users to sign up. Some hire actors to act as winners of the platform. It is what Bitcoin Fast Profit App is doing with its promotional videos. The three people who claim to have won big with the platform are just hired actors. They have been paid to act as winners so that they can entice newbie investors into signing up. It has worked as investors want to make the same profit margin as the people they see on the video. Sadly, this is a scam marketing initiative meant to drive up sign-ups.
According to their FAQ page, after a member sets up the platform, they can begin earning profits. The projected daily profit is set at $750 each day. And this is a ridiculous number as no one has come out with proof of making this much. With claims of being in the industry for long, there seems to be no evidence to support daily profit. And this is another scam feature investors need to be wary of. The platform is stealing from investors and is not able to achieve this claim of $750 per day.
Bitcoinfastprofitapp.com is a website that was registered a few months ago. The exact specific date according to trusted domain registers is 25th October 2019. And this is another proof that the platform is new and has no solid track record. Claims of having been in the industry for years are false. These scam brokers try to enforce their trading pedigree by claiming to be a reputable bunch. Thanks to domain records, we can see that the platform is barely a year old and has no solid reputation.
The fact still remains Bitcoin Fast Profit App is NOT licensed or registered by authorities. And this is proof we are dealing with a rogue trading platform. Any member who has made any deposits will not have them insured. None of the members will benefit from insurance and they have exposed themselves. In the event of winding up, none will get their balance back from the platform.
Most European regulators plan to issue a warning in regards to this platform. They have been alerted by the high number of victims lodging complaints against the platform. And this is what makes trading with this platform a huge problem. None of the current members will enjoy trading with the platform. It is best to stay away from it and use industry reliable products backed by regulators.
Bitcoin Fast Profit App is claiming to have arbitrage strategies embedded on the platform. What kind of a platform will claim to have over 500 strategies and fail to mention even a single one? The fact that the platform uses numbers to fool investors is one of them. They should back up their numbers with concrete proof of the strategies used.
If you notice carefully, the entire platform has no details in regards to customer support. With the platform, investors have to sign up first and send their contact details. It means the platform is also harvesting personal information for sale. Such scam artists will sell your email address to other scam products. Stay away from websites that fail to give their contact details.
When it comes to deposit and withdrawals, this is where the problems manifest. Depositing funds is easy and takes less than a few minutes to go through. Members will get an email with details on how to deposit funds to a certain bank account. Users should note that the homepage does not have information on how to deposit or withdraw funds. None of the current members have been able to withdraw funds with the platform.
According to the information posted on the platform, they claim the app is compatible with all devices. Before downloading it to your device, security should be your biggest concern. The app does not have any security software to protect users from third-party attacks. Stay away from the platform as the security within the software is weak. It is prone to third party attacks from hackers looking to steal identity details.
Security of funds is another huge problem when it comes to trading with the platform. With a lack of proper software evidence, users are in for a rude shock. There is no compensation plan on the table for anyone looking to sign up. When the platform winds up, which it will do with time, users won’t get any compensation. Lack of insurance coverage means there is no compensatory scheme available. Stay away from such unsafe trading platforms.
After reviewing all the evidence, it is clear Bitcoin Fast Profit App is a scam. Stay away from the platform and ensure no one falls for the trap.
We are adding the platform on our blacklist to ensure our readers are kept safe.
Dealing with digital currency can be a lucrative way of making money. Why don’t you get your own coins? It is another proven way of getting profit in the ever-growing crypto world.
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