In this disturbing review of the Trade Bitcoin App, we reveal that the software is not suitable for commercial use and should not be distributed to traders who want to make money. However, as you can see, the vendor has gone contrary to this requirement, and is issuing ”free copies” of the suspect software while promising that the robot will make a lot of money for the user. Is this true or just another hoax? One may wonder.
The robot in question generates signals and executed them automatically on behalf of the user. It trades currency pairs involving Bitcoins, Ethereum, Dash, Litecoin and Ripple.
Now, the creator of Trade Bitcoin App says that this software is very easy to use and is profitable as well. Isn’t this the language of business or a reality? Let’s find out from the facts that we already have as well as the experience of other users of this trading robot.
The sad truth is that this trading app has no real capability of trading for profits. Every trading software can trade the markets. But very few can make money. Rest assured that these robots are among the few that can make money in the Cryptocurrency market.
How do we know that it is ineffective? This has to do with the fact that Trade Bitcoin app has been used by dozens of other vendors who purport to be selling Binary Options and Cryptocurrency trading robots.
👉 Interested In Mining Bitcoin And Other Cryptocurrencies for Profit? Now, You Can Mine Better, Faster and Smarter for More Profits With The Ready to Use, "High Performance", and Approved IQ Mining BTC Cloud Service For Miners. With This Mining Service, You Will Get Up to 128% Yearly ROI from Mining Bitcoins Alone Without Having to Buy Any Expensive Mining Hardwares and Softwares! Not Only That, You Will Get Your First Payout the Next Day After Buying a Plan With IQ Mining. You’re Also Given a Dedicated Account Manager After You Buy A Plan Who Will Help You With the Best Pool Allocations and Account Setup Plans To Get the Most Out of Your Purchase. Click the Banner Below To Register Now:
You should probably look at a few of those scam apps that were released a while ago. These include Auto Crypto Robot and Bit Invested among others. We are not able to mention all of them here. However, the thing is that these robots lose money. They are based on a white label that scammers rebrand and sell as unique trading bots.
The misleading thing here is that Trade Bitcoin App is offering a demo account with fake price feed. When tested, that demo account will portray this robot as profitable. These profits cannot be replicated in real trading conditions. That is why no one can trust the people behind this white label software which they are now calling Trade Bitcoin App.
Also, we’d like to mention that we have tons of user feedback discussing this white label software. What are they saying? They are simply confessing the fact that Trade Bitcoin App and its other cousins are losing money and are not worth trading with.
This software is associated with an anonymous vendor who only knows how to say good things about what they are selling while neither disclosing their identity nor proof of trading performance.
While keeping an anonymous profile, the vendor claims that they are working with the top brokers in the industry who are known for issuing prompt payments. To get started, you have to sign up, fund your account and start making money.
It can’t get any simpler. In fact, when you get such instructions from someone who is not willing to disclose their identity, you should never follow them. The issue with these anonymous people claiming to be traders and software developers is that they have nothing to show for their success. It’s simply too difficult to trust them. And since we are using real money to invest, it would take a huge gamble to believe that these guys have what it takes to create a robot that can make money with Bitcoins and other altcoins.
The reason why Trade Bitcoin App is a suspicious software is because the vendor did not include a copy of its past trading results.
Any logical person should see for himself that this robot does not have proof of performance and should therefore not be trusted. But if you want to act blindly, well, you can go for it.
The owner of Trade Bitcoin App is working with a broker called GreenFields Capital. The reason they are working with this unregulated broker is because they want to be paid for referring traders. This is not necessarily a bad thing. However, if the vendor uses misleading statements to make quick money out of traders who sign up with the unregulated broker, it amounts to deception and potentially fraud.
The other thing which you should probably know is that traders have no choice but to use this broker because they are restricted. They can’t use a broker of their choice. But now that GreenFields Capital is a controversial broker, so many traders who are aware of this fact will definitely opt to switch to other brokers who are not scandalous. At this point, you will quickly learn that these guys are not offering this robot for free and it’s also impossible to use another broker apart from the one they are recommending.
By the way, GreenFields Capital has been accused several times by different traders of refusing to let traders withdraw their money. These complaints cannot be taken lightly. And we definitely can’t ignore the fact that these complaints have a basis.
First of all, we should recognize that Trade Bitcoin App is a generic trading software with no real ability to make money.
Secondly, we should understand that this vendor is being canning by not making it easier for traders to identify them. The domain where this website is hosted at is privately registered.
This is not something that can inspire your confidence even if you wanted to use Trade Bitcoin App.
Ultimately, we are confronted with the reality that Trade Bitcoin App does not have any past performance record which can be used to gauge the potential future performance of the trading software in question.
Are we saying that Trade Bitcoin App is a scam? Absolutely not. But we can tell you for sure that there is a real possibility of losing money if you trade with this robot. Rest assured of that fact.
Help Us Fight Scams. Please Donate to Support Our Work. No Amount is too Little or too Big. Thank You..
February 8, 2019 By Ghazanfar
The phrase ‘Necessity is the mother of invention’ seems true for Iran. This is because Iran has unveiled its own...
February 8, 2019 By Ghazanfar
In spite of long bear market, Bitcoin transactions per day are increasing. Today the level of these transactions has touched...
February 4, 2019 By Ghazanfar
Although bear market in crypto world is extending, yet many fiat currencies are facing the threat of destabilization. This is...
February 4, 2019 By Ghazanfar
In spite of mix signals from the cryptocurrency world about the future of cryptocurrencies, many countries are planning to test...
February 3, 2019 By Ghazanfar
The idea of Bitcoin adoption as an international currency is not at all new. Over the years, many financial experts...
February 2, 2019 By Ghazanfar
Bitcoin’s entry into the longest ever bear market in history is one of the most burning issues of today. The...
Valforex.com will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity… Read More