Bitcoin Profit Reviews – Is Bitcoin Profit a Scam or a Legit Trading Software?
It is no secret that the emergence of digital currencies has thrown the world’s financial markets into a tailspin. This is due to the large number of people making millions of dollars in profits trading a choice of cryptocurrencies. In spite of this rosy picture, the cold, hard truth is that the people who traded Bitcoin or other cryptocurrencies profitably, have required an in-depth understanding of market movements and the different factors that have an impact on the value of digital coins.
Unfortunately, for many others who may wish to grab their own slice of the crypto pie is the fact that not everyone is an experienced, professional trader with the analytical skills necessary to identify the ideal parameters for trading Bitcoin and other digital currencies. However, the good news is that, thanks to effective algorithmic trading software like Bitcoin Profit, it is now possible to enter winning cryptocurrency trades, even if you have never traded before.
Understanding Bitcoin Profit App
Bitcoin Profit is an exceptionally intuitive and powerful automated trading software, which allows both rookie and experienced traders to profit from trading cryptocurrencies, such as Bitcoin and Ethereum, online. In our in-depth review of this trading software, we found out that there are people who use Bitcoin Profit in order to trade a range of cryptocurrencies and the real-time signals provided by the software enable traders to know exactly which asset to trade and when. With this kind of detailed information, Bitcoin Profit has opened the door to cryptocurrency trading to traders worldwide. To top it off, the accuracy of the software’s algorithm also helps to increase the success and profitability of these trades.
That being said, you are probably asking, “Is Bitcoin Profit a scam or is it legit?”
Well, we have scoured the Internet for an answer and have found many reviews that speak positively of the Bitcoin Profit software. Interestingly, while everything we found out suggests that Bitcoin Profit is legitimate software, a closer look at it reveals that it is actually a clone of an original software called Bitcoin Trader. Bitcoin Trader is a revolutionary and advanced cryptocurrency trading software that was developed by a team of experts who created an advanced algorithm that was able to pinpoint profitable trading opportunities in the cryptocurrency markets. Upon deeper investigation, we managed to ascertain that Bitcoin Trader is indeed the original software on which Bitcoin Profit is based. Bitcoin Trader is trading software that gives traders the chance to gain exposure to cryptocurrency markets and to trade in either auto or manual mode. It is state of the art software that has a very high success rate, which enables traders to earn consistent profits. Best of all, the Bitcoin Trader is an award-winning app that has been recognized by the US Trading Association as the best trading software in its class.
The Benefits of Bitcoin Trader
The creators of the original Bitcoin Trader have highlighted the advanced programming used to create the software. This has made it possible for them to use time leap technology that not only receives trading signals ahead of the rest of the market, but also promises lightning-fast execution of trades using real-time data. As a trader operating in the fast-moving world of cryptocurrencies, that fraction of a second extra that you get due to the software’s execution speed, could be the difference between profit and loss.
That being said, we are not trying to dissuade anyone from using Bitcoin Profit – which is an excellent piece of software – but we feel that traders will always be better served if they use the original software and take advantage of all the tools and advanced features on offer. If you want to find out more about the original Bitcoin trading software, you may also take the time to review the Bitcoin Trader app, while we dig deeper into Bitcoin Profit.
What is Bitcoin Profit?
Bitcoin Profit is an automatic trading software created by John Mayers that claims to operate 0.01 seconds faster than the market average for trading signals and claims to helps many of its users making daily profits by trading Bitcoin and other cryptocurrencies.
Bitcoin Profit works by sending signals on the daily trends, and automatically opening and closing buying orders. Reliable auto trading platforms like Bitcoin Profit and Bitcoin Trader work this way. They are designed for inexperienced users, allowing them to lay back while the system gets to work. These are not the only platforms we consider to be reliable. You can check out our bitcoin robot page to find out more about these robots.
There are many trading robots advertised on the internet that promise to make daily profits. When the term Bitcoin surfaced, people started to be aware of the real value that investing in assets like Bitcoin has. There were several self-made millionaires from day to night, who invested a whole lot of money in trading Bitcoin. At the end of 2017, Bitcoin was the word that had the highest search volume in Google.
Who founded Bitcoin Profit?
According to the Bitcoin Profit’s website, John Mayers, the creator of Bitcoin Profit, created the algorithm so that it operates 0.01 seconds faster than the market average for trading signals.
How Does Bitcoin Profit Work?
The way that the software behind BTC Profit works is very straight-forward. The application provides its users the trading signals for free, and performs the purchase and selling of Bitcoin (also known as buying and selling orders) happen automatically with their selected broker inside the platform. That’s right, the algorithm provided by John Mayers is completely free as advertised on the video in Bitcoin Profit’s homepage.
If you’re wondering why the developers behind Bitcoin Profit are providing this tool for free, the reason is fairly simple. The way they make money is taking a small percentage, as tiny as 1% of all their users’ profit. This means that the CEO of BTC Profit firmly believes that his platform is the next big thing.
How to Place a Trade on Bitcoin Profit
Just like other similar Bitcoin robots, with BTC Profit it’s fairly simple to place a trade.
Follow these steps below to sign up, and learn how to make your Bitcoin Profit login and get started:
Firstly, click here to open your account with Bitcoin Profit. You will need to fill out their registration form with basic information including first and last names, e-mail address, and phone number. For your password, remember to put a word or code that is only known by you, that is easy to remember but at the same time difficult to be discovered. Once you’ve created the account, you will be assigned a broker automatically. This broker is the one your Bitcoin Profit software will be performing the trades with. In order to begin trading, you need to add funds to your broker account.
Once you’ve selected the option to deposit, you will be taken to the your selected broker’s website. It’s just an interstitial pop-up that’s open inside the Bitcoin Profit’s platform, which means you won’t have to browse all the way back to find your way inside their platform.
The minimum deposit is of $250. The payment methods accepted are many, including Skrill, MerchantPay, GiroPay, SafePay, Visa and Master Credit and Debit cards. It’s true that the more money you invest, the higher your payouts and profit could be. To begin, we recommend making a moderate investment of $250 until you familiarise yourself with the platform.
3. Demonstration account
You can try the demo account either before or after the initial deposit. Once you’ve selected the demo mode, you will be taken to an initial tour, so you can learn more about every functionality of the platform so you can trade bitcoin even if you’re a beginner.
On your test account, you receive a total balance of $1,500 to start the auto trade mode. It’s very simple, and you don’t need to fiddle with any of settings. Simply click on auto-trade ‘ON’, and the software will begin trading the pairs automatically.
4. Live account
Once you’ve familiarised yourself with the Bitcoin Profit platform, and you’re ready to start try the live mode, all you have to do is click on the switch that reads Push ‘Auto Trade’ to start on the dashboard screen.
On the dashboard is where you can check your Trade history, deposit additional funds, open trades, withdraw your profits, and change the settings. Bitcoin Profit trades with many pairs, including BTC/USD, ETH/USD, XRP/USD, LTC/USD and Crypto/Crypto as well. The cryptocurrencies available in the platform are Bitcoin, Ethereum, Ripple and Litecoin.
To begin your auto-trading, simply choose the amount you want to spend in every trade, the number of trades, and any limits you may want to set like Stop Loss or Take profit. After you’ve chosen the settings and configured the software, you will be ready to activate Bitcoin Profit and start trading.
Try Bitcoin Profit, the most popular auto trader in 2019!
- 92% Claimed win-rate
- $/£ 250 Min Deposit
- Accepts Debit and Credit Card
All trading carries risk
Do I need a Bitcoin wallet in order to trade with Bitcoin Profit?
Bitcoin wallets are not needed to trade with the software. The reason for that is because the software does not buy actual Bitcoins – it trades cryptocurrency and claims to profit on the winning trades. This makes it a very convenient tool as the set up is very minimal, and you also avoid the risk of having your funds hacked.
What Is Bitcoin Profit And How Does It Work?
The Bitcoin Profit software is advertised as a system which can make you “stinking rich” and earn millions even when crypto markets are crashing. In reality it is a fake automated crypto robot designed to execute losing trades and in that way steal your money. They say there is a person named “John” and he has a beta testing group, but that is another lie so don’t believe it.
Bitcoin Profit Review, Don’t Calculate Your Profits Because You Lose! (That’s The Real Secret)
The Bitcoin Profit software has grown to become a viral scam, and we already explained the possible reasons for this. It’s also worth pointing out that this latest scheme is one of many which are constantly piggybacking or riding the so called “Bitcoin Wave of success”. It’s no wonder the sales video mentions Bitcoin is worth $20,000, that was an all-time high and one never knows when or if we will see it reach those figures again. The fact remains, there is nothing genuine or legit about Bitcoin Profit, and you would be well-advised to keep your distance from this bogus trading software.
Bitcoin Profit Clones
There are at least 5 documented versions of the Bitcoin Profit scam (AKA BTC Profit). We identified some websites without the fake testimonials, and others without a sales video at all. The common denominator with all formats is the integration with scamming offshore brokers and the use of highly misleading statements or false information. For example, a fake signals feed which is always set on win, or various claims which are totally detached from reality and have nothing to do with the risk aspect and the fact that Bitcoin is exposed to changing market trends and fluctuates according to that.
Is It Free?
Obviously it is not! Get ready to part with at least $/£/€250, and that money will be charged to your credit card by thieving (not to mention illegal) offshore brokers who could care less about your financial situation.
Still Trust The Bitcoin Profit SCAM?
Bitcoin Profit can be very convincing, we know this to be a fact so we are not angry if you take the bait and actually invest. We do however caution you to at least start asking difficult questions, specifically about cashing out and how come its so easy to generate money using this software. If you are not satisfied with the answers you get then your skepticism is well-founded. Hightail it immediately and thank the almighty for saving you.
Other Viral Scams Trending
The ones to watch out for are Crypto Revolt and Bitcoin Revolution.
Some Viable Options
Factoid: The vast majority of systems being launched these days are worthless apps designed to drain your money and wipe out your bank account. Still, once in a blue moon a system is launched which actually works. So if you are waiting for the right opportunity, it might as well be now. Oh, yes in case you wondered we test these systems profusely before recommending them.
Conclusion and Verdict
Bitcoin Profit is a legitimate online trading platform for cryptocurrencies. It does not only work effectively, but it also produces impressive results for clients in the end. Commendations to John Mayers and his team for putting together an intuitive and efficient investment platform that requires minimal starting capital, while helping novices and professionals alike to get settled into the cryptocurrency trading industry. The most interesting part is that it is free to get started with, once you have an initial capital that you can begin trading with.
So what are you waiting for? Join Bitcoin Profit (BTC Profit) today and start on your journey into the cryptocurrency trading industry on a safe and sound note.
- Bitcoin Profit is NOT a scam
- Profit Ratio 89%
- Easy & Fast Withdrawals
- Works on Phone and Computer