Is Bitcoin Profit a Scam?
We wish the answer to this question were a simple yes or no, but it is not. The first problem we faced when researching about this platform robot is the existence of more than one website with the same name and logo and more than a dozen apps. This is due to copycat clones of the robot being released by less-legitimate providers.
The official website is simple and straightforward. It provides some performance expectations, claiming 99.4% accuracy. It also offers insight into crucial features of the robot, and an option to use the demo account before starting.
Unfortunately, there are many copycat scams out there of this robot, so be careful and make sure to use the official robot link on this page.
Our Take on Bitcoin Profit
As there are so many reviews out there that reflect negatively on the Bitcoin Profit robot, we were at first worried that this was indeed a scam. However, after further investigation, we believe the majority of these reviews are about copycat clones that don’t offer the same functionality that the official Bitcoin Profit robot does.
Is Bitcoin Profit a scam? With all of the above in mind, we believe that its reputation and history has shown it is there to earn strong profits for its users – but because of this reputation, it has attracted many copycat scams. Steer well clear of these duping websites, and use our official link to the real Bitcoin Profit robot.
Our Bitcoin Profit Experience
The Team Behind Bitcoin Profit
Not much is available on the background of the robot. It claims to be the brainchild of a person named John Mayer, but no information is available about him. The terms and conditions on the site also indicate that the software operates under the laws of Estonia.
The little information about the team behind the robot is not a sufficient reason to flag it as a fraud. Several legitimate robots do not provide details of the team behind them. It might be a trend amongst the whiz kids behind these sophisticated platforms, or they do it for safety reasons. There is a lot of attention in the auto-trading industry due to the many copycat scams out there. For this reason, many owner/operators try to remain anonymous to protect any unwarranted issues.
How to Join?
Here’s what you need to do to join this rewarding program.
- Open an account– visit the platform and enter your details.
- Fund your account– register with a broker and add a minimum of $250 to your trading account.
- Activate the software– adjust parameters and allow the software to generate signals based on your preferences.
NOTE: BTC Profit System can accept a limited number of users on a daily basis. If you miss the current 24-hour window, you will have to wait for the next day. This is done to provide top quality service to all of its current and new users.
We had our doubts when we came across this software initially. It was hard for us to believe that it could produce results, considering the fact that the majority of the trading systems that enter the market today are fraudulent.
But when we analysed it in detail we were surprised to learn that it had some incredible features that make it powerful and worth using. There is nothing about this software that is false. Even the claims the creator has made are true because BTC Profit is quite capable of achieving such results. The accuracy with which it works is outstanding. It offers superior performance, enabling traders to enhance their gains and at the same time enjoy the trading experience.
What Do The Users Say
During our investigation, we did not find any fabricated stories or testimonials of people turning into millionaires as a result of using BTC Profit. The reviews that have surfaced are honest and they indicate that BTC Profit is capable of assisting traders with their investment tasks and allowing them to generate stable earnings.
We also looked at the system’s broker connections and we are glad that they are linked to reputable brokers only. You will have no reason to worry when you deal with them because they will ensure safety of your funds as well as your personal information. In fact they offer convenient withdrawal options for all traders. So far there has been no complaints regarding account set up, deposits and withdrawals or any other thing related to the operational mechanism of the trading system.
BTC Profit offers one of the best customer support service in the industry. The company has employed extremely professional and reliable staff who are available round the clock to resolve issues faced by traders. To reach their team, it is possible to call them, send them an email and even chat with them using their live chat features.
Our experience with BTC Profit has been positive. We are impressed with its features, performance and success rate. The software doesn’t have scam connections at all. It is a reliable tool that can be used by anyone to generate considerable returns from their online investments in bitcoin.
Setting up an account with BTC Profit is also easy and hassle-free. Therefore, we would like to encourage our readers to get access to this software while it is still available for free.
Is Bitcoin Profit Legit? Yes
Yes, the Bitcoin Profit software is a legitimate auto trading platform. It is a powerful auto trading software that makes it easy for people to earn money in the cryptocurrency market. It is designed to work with Bitcoin, which is the most valuable cryptocurrency. However, it has worked perfectly with other cryptocurrencies and financial assets, as they share similar sentiments.
The intelligent robots used by the Bitcoin Profit software monitor the cryptocurrency market and detect favorable buy and sell prices. The software buys at low prices and sells them at high prices, making a profit for the users as a result. The winning rate here is roughly 95%, which makes it one of the best cryptocurrency auto trading systems currently available.
From experience, I can say that the best trading decisions are made when a trader has an excellent way of monitoring market events and trends as it allows them to speculate on the rise and fall in the asset prices. In addition to this ability, there are some important signals to watch for as they help determine the potential of making profits from a trade. When you are using the Bitcoin Profit software, the entire analysis process is automated; thus, much of the work is taken care of, and you can focus on other activities. Also, since the Bitcoin Profit does all the analysis for you, even new traders can now trade profitably with this software.
Is Bitcoin Profit Scam or Legit: The Verdict!
The Bitcoin Profit software is not a scam. The software comfortably passed all the tests we put in place to determine its legitimacy. The success rate with the Bitcoin Profit software currently stands at 95%. We confirm that the high success rate could be attributed to the intelligent robots and the ease of use of the platform. With such features in place, the Bitcoin Profit users can gain much profits trading digital currencies.
The deposit amount is also low, as the developers wish to make it affordable to anyone who wants to make money from the crypto space. From our analysis, you can make a significant profit using the minimum deposit amount of $250 as trading capital.
Creating a Bitcoin Profit Account
To properly test the features available of the Bitcoin Profit, we had to open an account with them. Interestingly, the account opening process lasted just a few minutes. We have compiled a step by step guide on how you can open a Bitcoin Profit account and trade with them.
The first step is to register an account with the Bitcoin Profit. All you need to do is to visit the official Bitcoin Profit website. The developers made the registration available on the homepage; thus, you don’t have to go through a tedious process to open an account with them. We were asked to provide some basic personal details, including; full name, country of residence, email address, and phone number. Afterwards, we were promoted to set a password for our trading account. It is recommended that you go with a strong combination of letters, numbers, and symbols, as it makes it hard for hackers to get into your account. After setting up our password, we clicked on the ‘REGISTER NOW’ button, and our account was opened. We received an email with a confirmation link. The entire process didn’t last more than three minutes. We were ready to move on to the next phase.
After opening an account with the Bitcoin Profit, the next phase will be to fund your trading account. We were pleased to see several alternatives provided by the developers. Some of the options available include MasterCard, Visa, Maestro, Safepay, MerchantPay, GiroPay, and a host of others. We chose our preferred payment method and proceeded to insert our credit card details. We decided to start with a minimum of $250 and to test their services using this money. On a positive note, the outcome of our tests was positive.
The developers of the Bitcoin Profit have made a demo account available on their platform. We believe it is an excellent move as it is useful in several ways. To start with, the demo account makes it possible for traders to test the system and understands how it works before they start trading with real money. Secondly, it enables users to test their trading strategies and see if they will work. Any trading strategy that doesn’t work can be replaced with another one. Thus, you can choose your best trading strategies using the demo account before you proceed to start the live trading. We gave the demo account a trial, and we were pleased that it is fast and feature-rich. We advise users to give it a try before proceeding to the live trading mode.
After understanding how the Bitcoin Profit software works using the demo account, we were ready to start live trading, using real money. The first thing to do is to activate the auto-trading feature. Afterward, we set our trading parameters, such as take profit, stop loss limit, amount to invest per trade, and more. All this information can be seen on the auto trade tab on the dashboard.
The next step is to select your preferred trading pairs. We saw some popular trading pairs such as BTC/USD, XRP/USD, LTC/USD, ETH/USD, and more. Similarly, you can trade cryptocurrencies against each other such as BTC/ETH, BTC/XRP, and more. All these processes were easy to use and navigate because of the excellent layout of the Bitcoin Profit dashboard. The information was displayed on the screen; the site also has help buttons you can use to contact the customer service team whenever you have problem.
- Fully automated trading
- Very high win rate
- For both large and small traders
Do You Need a Bitcoin Wallet for Live Trades?
This is one of the most asked questions; thus, we need to address it. You don’t need to have a Bitcoin wallet before you start trading cryptocurrencies using the Bitcoin Profit software. While the trades are done with crypto, both deposit and withdrawals are done with the US dollars and other fiat currencies. Your earnings are converted to fiat currency and sent to your bank accounts. We believe it is a convenient arrangement and makes it easier for people as they don’t have to worry about converting the BTC to fiat currency afterwards.
Essential Features of the Bitcoin Profit
The Bitcoin Profit has several features. However, here are the most important ones:
The payout system is crucial as it determines the earning ability of the users. To check out the credibility of the payout system, we had to test it for ourselves. We deposited the $250 minimum amount and activated our live trading account. We were excited after earning an impressive profit and proceeded to deposit our earnings. The withdrawal process saw swift and smooth, making it a memorable experience. From our deductions, users have the potential to earn as much as $1,300 daily using the Bitcoin Profit software.
The Bitcoin Profit requires user verification as it helps them ascertain that the information provided during registration is accurate. We were asked to verify our email address and phone number submitted while opening an account. The verification process was fast and stress-free. However, you will be required to provide your proof of residence and proof of ID to the broker as required by financial regulations.
Withdrawal and Deposits
The payment system on the Bitcoin Profit is streamlined to ensure that the deposit and withdrawals of funds are easy. We talked about the deposit system earlier, and we were glad that the withdrawal process is also hassle-free and quick. You can withdraw your earnings at any time of the day or night. It takes less than 24 hours for the funds to reflect in your bank account.
Most trading platforms have hidden fees or commissions that they charge their customers. We had to carefully look into the fee structure at the Bitcoin Profit to ensure that we understood everything. From our research, we found out that there are no hidden costs on the Bitcoin Profit platform. The broker also does not charge fees and they earn simply from the spread; the difference between the buy and sell prices of the assets. Overall, we were impressed with the system as it is both accurate and transparent, unlike the other auto trading software available on the market.
In terms of feedback, both new and old users were glad to submit their reviews and suggestions to the Bitcoin Profit. There is a section on the site dedicated to testimonials and reviews from users of the Bitcoin Profit platform. We gave them glowing feedback since we had an excellent experience using their software to trade digital currencies. If we keep using the Bitcoin Profit software, we are guaranteed to keep making profits daily. From the testimonials on the site, it is evident that many people are enjoying similar benefits.
We tested the customer service on the Bitcoin Profit to see if we could get assistance at all times of the day. The feature was as advertised; we contacted the support team both during the day and at night. In both cases, they were responsive and attended to our questions in no time at all. It was particularly impressive as the agents had an in-depth knowledge of the auto trading system and the cryptocurrency sector at large. This was just a test, as there was no need to contact them since the software works efficiently.
The Bitcoin Profit works only with the top brokers in the industry. The brokers are charged with managing the deposited funds and granting users access to the cryptocurrency market via their trading platforms.
- Fully automated trading
- Very high win rate
- For both large and small traders
Bitcoin Profit Versus other Robots
To determine where the Bitcoin Profit stands amongst the leading auto trading software in the industry, we made a brief comparison between this software and the others. Here are some of the advantages of using the Bitcoin Profit software.
|BITCOIN PROFIT||OTHER BITCOIN ROBOTS|
|The win ratio for the Bitcoin Profit is over 95%, making it a profitable and effective automated trading tool||The winning ratio is often unverified, making it tough for new traders to know what to expect.|
|Withdrawal of earnings takes less than 24 hours to process||It takes roughly ten days for withdrawals to be processed, which is a very long, inconvenient time delay.|
|The registration process is swift and takes less than a few minutes. Also, signing up is free of charge.||The registration process is tedious and could take hours as you are often required to provide extra information such as utility bills and bank statements.|
|Demo trading accounts are available for new traders to help them understand how the system works.||There is no demo account or little information to help new traders understand how the market works or how to embark on auto trading.|
|Several payment options are available, making it convenient to deposit and withdraw funds.||A limited number of payment options.|
More and more robots are emerging for Bitcoin Trading which makes people find it very difficult to choose the most suitable for them. If you want to know more about Bitcoin Profit, we invite you to continue reading after trying this software ourselves.
What exactly is Bitcoin Profit?
Bitcoin Profit is a platform created by John Mayers in 2017, whose software allows you to trade Bitcoin automatically, without having the need to control the trades.
Once you create an account on the Bitcoin Profit platform, you just have to configure it according to the signals and trends emitted, and Bitcoin Profit will do all the work for you. The algorithm is very complex, but the interface on the platform is smooth and user-friendly.
Bitcoin Profit’s CEO, John Mayers, created this software which claims to operate much faster than its competitors, but the most important question is: Is it really reliable?
*Remember all trading risks and you shouldn’t risk more then you can afford to lose.
How does Bitcoin Profit work?
Bitcoin Profit works similar to other robots like Bitcoin Future, although it claims to have features that make it different from the rest. This crypto trading robot has been said by many to be reliable but also very easy to use.
The Bitcoin Profit software claims it can read the signals it receives from the market trends, then analyses them and establishes a percentage of success in different operations. If you configure it in the right way, Bitcoin Profit claims it will be in charge of identifying the best opportunities in the crypto market and making the most profit possible.
The Bitcoin Profit software is completely free and they do not charge you anything by using it, except the 1% commission on all your successful operations.
The earnings of John Mayers and the entire team behind Bitcoin Profit are based on the success of its users. If people fail to succeed within the platform, Bitcoin Profit would fall into bankruptcy.