Bitcoin Digital claims that BTC is making investors rich. What is the truth behind this statement? Are there any existing traders who have attained the profits that the company guarantees? These are the tough questions that you should be asking yourself.
Before investing in digital currency, make sure that you do a background check. It will save you the trouble of being scammed. In the past, it was easy to generate high returns. It is because there was no mass adoption of digital assets.
Investors were skeptical about cryptos. Those who were brave enough to embrace digital money made a fortune. However, later on, people joined the market. Additionally, other tokens came to exist.
The current market condition cannot earn you the profits that this scam is projecting. Therefore, it is good to update your knowledge before investing blindly. The market is not predictable due to volatility.
The platform claim to be using technology to generate high returns. The software is allegedly trading BTC and CFDs. The company assures investors they will become the next millionaire in the market. Unfortunately, if you choose to sign up, your life will not transform. You will become poorer.
Bitcoin Digital Review
Bitcoin Digital claims that it is working together with reputable brokers in the market. It analyzes large data to provide accurate trading signals to investors. However, the entity does not disclose any of its partners.
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The company is accused of being connected with shady brokers in the industry. The platform is getting a cut at the expense of their clients. The authority does not regulate the brokers; hence they are not secure.
The Ponzi scheme claims it has 99% trading accuracy. It means that investors will not experience any loss. However, in every business, losses are part and parcel. There is no evidence of trading activities taking place at Bitcoin Digital.
The bot states that it enters the market before any other bot. Therefore, this is the reason for their awesome success. Additionally, the bot is also using the historical trading charts to determine the future outcome.
The market is not predictable. Legit crypto trading bot in the industry does not make such claims. The is a scam that is trying to stay relevant. The scammers have perfected their skills. Therefore, it is easy to fall the victim.
How Does Bitcoin Digital Operates?
The entity is being advertised widely on social media. The bot states that it is only working with licensed brokers in the market. The statement is, unfortunately, false. Bitcoin Digital works together with these entities for trade execution.
You have to trade with the brokers that the scam recommends. Therefore, you do not have the liberty of choosing your preferred trading partner. It is a red flag because the platforms are not regulated.
You will be subjected to paying more funds. The company is bragging of having an accurate performance. Additionally, they claim to be using superior technology compared to their marketers. However, only a naïve investor who can take such a scam seriously.
Moreover, this venture also boasts of being an award-winning application. It is currently the leading trading software in the market. There is no evidence for this statement. Furthermore, no organization in its right mind would endorse such a scam to members of the public.
Bitcoin Digital Trading Results
The scam feature lives trading results. The information is on the high verge of being manipulated. Bitcoin Digital is availing data that is not verified by any third party. Some investors ridiculously claim to have joined the millionaire club within a year.
In their defense, the scam is urging traders to use the demo account. Unfortunately, the simulation you attain using the demo will be different from the real returns you will earn when trading.
If the company is profitable as they insinuate, we challenge them to use a third party to validate their results. They should also display their audit and managerial reports of their team. The entity also states that several United States magazines have featured it.
The info is misleading and an old trick that scammers are using. Investors should not trust this fraudulent trading bot. Trading associates multiple risks, but it does not mean you should trust every word of a scammer.
We do are not aware of the location of Bitcoin Digital. The platform does not feature their office address or contact details that investors can use to contact them. The company is an anonymous platform.
Once they exit the industry, it won’t be easy to trace them. They are also not offering customer support services to investors. Ask yourself how you will resolve any overseen challenge.
If the bot stops functioning, who will come to your aid? It is an indicator that the company is not offering investment services. Neither do they have trading software.
Bitcoin Digital Regulatory Status
The marketers of this shady crypto trading bot claim that the software is regulated. The FCA and ASIC allegedly license Bitcoin Digital. There are among the reputable financial regulatory bodies in the market.
They have set up strict guidelines that investment platforms must adhere to to be considered legit. However, the information that the potters of this scam avail are misleading.
Bitcoin Digital is a scam that any regulatory body is not permitted to collect money from its residents. The platform does not segregate investors’ funds from the founders’ accounts. Additionally, there is no existing performance report.
Invest with reputable investment companies in the industry that offer reasonable profits. The trading software is not legit, and its main focus is to defraud investors in the industry. The entity is not reputable, and neither do they have a great audience.
To cover for their flaws, Bitcoin Digital states that they have several positive reviews from their clients. However, what we are interested in is proof of payment. We want to see real investors who can prove the scam is paying. Unfortunately, this is not possible.
Is Bitcoin Digital Free?
The trading software is not free to enjoy the returns that this scam project, you must deposit an amount of $250. The company states that investors can recover their money back in a matter of seconds. What a sick joke?
The platform is allegedly accepting funds via BTC, Wire transfer, and debit/credit cards. Unfortunately, we cannot verify if the listed methods are all acceptable. Nonetheless, scammers will only use methods that traders cannot issue a chargeback.
The least amount of profits that you can generate is $1500. Avoid this scam because you will not earn any return from them. Nothing is fascinating regarding this scam.
Bitcoin Digital is a scam that has visible red flags. The entity is offering ridiculous returns to investors. We are yet to see a successful trader who has earned using this bot. The Ponzi scheme promises quick riches to traders.
Unfortunately, this is not attainable. If the fantasy of getting quick-riches were achievable, then everyone would be flocking at their platform. It is not safe to engage with this venture. Therefore, avoid this scam.
Invest with legit crypto trading software that is reputable. Earn genuine returns without companies that investors are recommending. The companies have partnered with licensed brokers in the industry.