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Pro Bitcoin Bot Review: Scam Activities Detected

Pro Bitcoin Bot Review: Scam Activities Detected

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Pro Bitcoin Bot is a robot that focuses on Cryptocurrency trading. It is supposed to buy and sell on auto-pilot while making money at the same time. The robot can trade a wide range of Cryptocurrency pairs ranging from Bitcoin, Ethereum, Litecoin, Ripple and many more. However, after looking at Pro Bitcoin Bot and considering its viability in the long term, we have come to the conclusion that the robot doesn’t have the slightest chance of making you any money.

According to the website, Pro Bitcoin Bot is simple and intuitive. Beginners can get started in less than 5 minutes and they will be on their way to making money.

Return percentages are not mention. Win rate too was not mentioned. However, they claim that returns can be very high.

pro bitcoin bot

In addition to that, the vendor claims that the robot will give up to 500 signals combined with 3 different money management strategies.

The exact strategies for managing funds have not been mentioned either. But we already know that signals are generated through a wide range of generic indicators that can be found on any charting solution for free.

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They also claim that Pro Bitcoin Bot is the most advanced and adaptive binary options trading robot. It is supposed to give you full control over your funds and trades.

While these claims make us feel at ease with the software, no proof has ever been given to confirm that these claims are the absolute truth.

Pro Bitcoin Bot Review

Now, you must be aware that this software is a generic rebrand of another software called Pro Binary Bot. Since binary options involving Stocks and Forex pairs are dying down, this vendor decided to come up with a name that suit Bitcoin trading since Cryptocurrency trading is the most recent development in the world of online trading.

We must admit that while this vendor was trying to conceal the fact that Pro Bitcoin Bot is a copy-cat of a scam binary option robot, they were not able to successfully do it. They just forgot to replace the name Pro Binary Bot with the name Pro Bitcoin Bot. You can see this on their website where some sections are labeled Pro Binary Bot.

This is a dead giveway. This binary option robot is the reason why some traders lost money. It was a ”black box” where you could deposit $250 and hope for the best. The best would never come.

Now Pro Bitcoin Bot is the same software as the Binary options robot which lost money. They just tried changing names and forgot to patch every other place where that name appears.

It should also be noted that Pro Bitcoin Bot is based on  software that losses money. The software was created by programmers who know nothing about trading. These programmers have been distributing the software to scammers who then sell it for broker commissions.

The same software was used in the Option Robot software. Please note: do not confuse Option Robot with Binary Option Robot. They are two different products.

Free demo account: can we trust the results?

You must realize that this robot is very dangerous because it has a trap that most people are likely to fall for. As you can see, Pro Bitcoin Bot has a demo mode from which you can allegedly test it for free. That is, you won’t spend any money when testing it.

The demo account is generating fake results. These results would never be realized in a real trading environment since the robot is using a fake price feed and manipulating results to show an extremely high win rate. If you ever used this robot on a real trading environment, the win rate would be way below 50%. This would automatically turn into loss of your trading capital.

Unlicensed brokers

Pro Bitcoin Bot is working with a number of unlicensed brokers. The aim is to make you deposit with any one of the brokers. That is why the second step will involve sending money to the broker that you will choose in the list provided by these canning individuals. They get paid when you make a deposit with their recommended brokers.

When Pro Bitcoin Bot starts trading your deposit, it will surely lose every single coin that you deposited in that account. Once this is done, the broker in question will wash their hands off you. They will even remind you of their risk disclaimer which says trading is risky and that there is nothing like guaranteed income. You will feel foolish for having lost money in a careless way.

Who owns this trading software?

We would have been a little bit comfortable if we knew who owns this software. The experience of the developer as a trader must be factored in when evaluating the profitability of their trading app.

Unfortunately, we are not told anything about the vendor or their experience as traders. We are also 100% convinced that they are not software developers since Pro Bitcoin Bot is just a white label that all scammers buy and simply rebrand.

It would make sense to say that neither are these people traders nor programmers. They are instead good internet marketers who have learned the art of selling and scamming as well.

The reason why this product is a great risk is because the owners have decided to hide their identities. If they were offering a truly life-changing product, they would never see the need to hide their faces from the world. Look at people who have created products that changed the world. We all know them because they are famous. They never saw the need to hide. So how come the alleged owner of Pro Bitcoin Bot is trying very much to remain anonymous? That’s food for thought.

Our best advice for you

Pro Bitcoin Bot will trade and lose all money. It just keeps trading as long as there is a balance in your trading account. It results in a loss ultimately. Please re-consider your decision and use a proven trading robot.

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