The brand new Bitcoin Trader system promises to provide its visitors with access to an automated Bitcoin trading system that can allegedly see them earning guaranteed profits & becoming the next Bitcoin millionaires within just a matter of weeks from getting started.
And if that on its own wasn’t a bold enough claim, the Bitcoin Trader app even claims to have been backed by the likes of Bill Gates and Eric Schmidt.
But is it actually legit? Or will Bitcoin Trader scam you instead?
Well, you’ll be glad that you came here to this review first because I can tell you right from the off that the Bitcoin Trader system is NOT what it seems (and it’s actually pretty dangerous).
What Is Bitcoin Trader?
The Bitcoin Trader app portrays itself as an automated trading system & it leads you to believe that it’ll basically generate you an automated income by trading Bitcoin on your behalf (as shown below in the screenshot of how it works taken from their website):
The creator of the whole thing suspiciously remains anonymous, however, he (or she) claims that the system has allegedly been backed by the likes of Bill Gates and Eric Schmidt & he (or she) also claims that on average it will allegedly generate you profits of £1,300+ per day…
But considering that the system is supposed to be free, it just sounds WAY too good to be true, doesn’t it?
I mean come on – if such a system could really generate people £1,300+ per day on complete autopilot then why isn’t everybody using it? Why are people still working at jobs they dislike if this thing is real?
The answer is simple, it’s because it’s NOT real… And I can say that so confidently right from the off because the Bitcoin Trader app is actually just a re-hashed version of the Bitcoin Revolution scam which I’ve already exposed on this blog before.
To date I’ve seen this thing called Bitcoin Revolution, Bitcoin Future, Crypto Revolution, Britcoin System & the Brexit Trader. The scam remains exactly the same yet the creators keep changing the name in an attempt to escape the negative reviews so that they can trick more people into signing up.
Don’t fall for it, instead, keep on reading & I’ll show you below exactly how this thing really works…
How Does Bitcoin Trader Work?
So the concept is that the creator of the Bitcoin Trader system has come up with a guaranteed way to predict profitable trades, and the system has been built to do these trades entirely on your behalf.
You’re therefore led to believe that all you need to do is sign up with the recommended broker, make a small deposit & then activate the system in order to begin making money… But that’s NOT really how it works.
You see what the creator of the Bitcoin Trader system fails to tell you is that he (or she) is actually affiliated with the “recommended” broker. This means that when you sign up & deposit, he (or she) gets paid a commission.
And the truth is the whole thing is all just a ploy to trick you into doing exactly that so that the person behind it can earn a commission at your expense.
What’s worse though is that the broker is also in on it too & rather than just leaving you to discover that it doesn’t really work as promised after depositing they actually fake your profits instead to get you to deposit even more.
So they’ll pretend that you’re making money to get you to keep depositing, and then finally you’ll find out the hard way that the whole thing is a scam when you go to make a withdrawal but by then you could have lost thousands… Tens of thousands even.
The whole thing is a HUGE con.
The “Trick” Is That They Make It Seem Risk-Free
One of the main reasons these binary options trading systems scams catch so many people out is because they’re very cunning. They make the whole thing seem risk-free & lead you towards believing you can simply try it out & get your money back if it doesn’t work as promised.
They want you to think that you can just deposit, try it out & then get your money back from the broker if the system doesn’t end up generating profits like you’re told it would… But what they don’t tell you is that the broker is in on it too.
Basically the broker will keep any & all of the money that you deposit, regardless as to whether you’ve made so-called “profits” or not because they are just unregulated scammers that are operating without a license.
The MFSA (Malta Financial Services Authority) themselves even put out a warning about the Bitcoin Revolution system as shown below:
They state that the company is not licensed or authorised to operate & that the whole thing is likely a get-rich-quick scam, which is exactly what I myself can confirm it is. It’s designed to make you lose money so that the creators (and those associated with it) can get wealthy at your expense.
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And Bill Gates Didn’t Really Endorse It…
Surprise surprise the Bitcoin Trader system isn’t really endorsed by Bill Gates or Eric Schmidt, just like it’s predecessor the Bitcoin Revolution system wasn’t really endorsed by Richard Branson as it claimed.
The person who’s put the system together has basically just pulled together cuts from various new clips where Bill Gates has talked about Bitcoin & he/she has tried to make it look like they’re talking about the Bitcoin Trader system, but they’re not.
This is a classic trick that’s often done by get-rich-quick scams and I’ve seen it many times before. If you just run a search through any of the news sites you’ll see that the Bitcoin Trader system has never been mentioned, except from where it’s been called a scam (as shown below):
Which brings me onto…
Is Bitcoin Trader a Scam?
The Bitcoin Trader system is most certainly a scam. The whole thing has just been built upon pure lies & deceit & it’s only intention is to part you with your hard-earned cash so that the people behind it can earn at your expense.
As I mentioned earlier in this review the entire system is fake. It’s all just a ploy to trick you into depositing with the “recommended” broker who the creator is affiliated with so that he/she can earn commissions at your expense.
The worst part though is that the broker is also in on the scam too & they have been known to fake members profits in order to trick them into depositing even more money before they’re able to find out it’s all a scam.
So it comes without saying that you should definitely avoid the Bitcoin Trader system & instead if you really want to make good money online I suggest you stick with something legitimate & proven like affiliate marketing.
Affiliate marketing is the exact same way that I personally make most of my own money online & it basically involves you connecting people with the products/services they’re looking for & getting paid commissions in return.
The best part is that you can actually get started with affiliate marketing for free (or learn more about it) over at Commission Academy.
Alongside that though there are also some other cool ways to make good money online as well… But whatever you decide to do I just sincerely hope that my Bitcoin Trader review here has helped you to save some money.
If you still happen to have any further questions though or comments you’d like to add then don’t hesitate to leave them below. 🙂
A Better Alternative
The sad truth is that unfortunately most of the programs promising to help you make money online are scams. I can say that confidently after exposing over 500+ of them here on this blog.
But the good news is that even though most of them are indeed scams, there are actually some very good programs in amongst them - some programs that can truly help you to earn money.
And out of all of the legit programs I've seen, the one I would recommend the most to anybody looking to get started online is Commission Academy. In my own opinion, that's the best place to start.
At Commission Academy, you'll be provided with everything you need (including the training & tools) to begin earning real money by promoting products or services for companies like Amazon online.
The best part is that there's literally no limit on the amount you can earn with it & the process is pretty simple which means that it's absolutely perfect for people that don't have much experience.
Some wealthy affiliates even earn as much as 5-figures per month... Or more!
I mean don't get me wrong, that kind of money won't just fall into your lap without doing any work... But the harder you're willing to work at it, the more you stand to earn with it.
So if you're looking to get started but don't know which route you should go down or which program you should join (and don't want to waste money on bogus things that don't actually work), then I'd highly recommend checking out Commission Academy first. You can learn more about it here.