Bitcoin Trader is an automated robot designed to trade Bitcoin and other cryptocurrencies. The robot was first introduced in 2017 with the promise to buy and sell Bitcoin using information derived from studying the Bitcoin market.
The robot is supposedly 0.01 seconds ahead of the market, and makes the claim it can detect profitable movements in the market. The same claim is made by many other robots in the same category.
That prompted us to investigate is there any viability to these claims. Bitcoin Trader uses automation and if its claims are not realistic or authentic, that poses risks to your capital, especially if you’re a novice. We will focus on the reliability of this robot in this Bitcoin Trader review.
Best Crypto Trading Platform 2020
Regulated BrokerVariety of CoinsAvailable via App
| 66% of retail investors lose money
when trading CFDs with this provider
Is Bitcoin Trader Legit?
Bitcoin Trader has been around since 2017 and has also attracted the attention of many Bitcoin investigators. We took the time to review as many comments, reviews, and issues as possible about this robot and we were able to decide that the system is not the top choice you can make. It has more similarities with scams than actual legit robots and brokers.
We took our time to play around with the limited settings also and we could not find anything extremely useful. The information provided on the home page also looks suspicious, and understates the risks you face when you join an unregulated platform.
We are compelled to conclude that Bitcoin Trader is a potential scam robot due to the discoveries we made as highlighted below:
- The software is not regulated creating security risks…