The Liberty BTC System is something that’s been created by a guy named Kyle Stanford who claims he wants to help hard-working people escape the rat race & start enjoying a life of freedom instead.
You’re supposed to be able to just “plug-in” to his system and start seeing earnings of around $5,000 per day from automated cryptocurrency trades – but is it legit, or is the Liberty BTC System a scam?
Let’s take a look…
What Is The Liberty BTC System?
The Liberty BTC System is a supposedly free automated trading platform (that’s actually not as free as it makes out) which claims it can generate you in excess of $5,000 per day through BTC trading.
Kyle, the founder of the system claims that you only need to spend around 30 minutes per day setting the system up & then you can just sit back & relax whilst the earnings come through on autopilot.
Apparently the system has been built on an algorithm that has been proven to win trades with 99.8% accuracy – but The Bitcoin Code & Ethereum Code systems both made similar promises yet failed to deliver…
So is the Liberty BTC System the real deal, or is this just yet another scam looking to part us with our hard earned cash?
My initial assumption from the hyped-up claims, attempts to rush you through the sign up process & the fact that it involves binary options is that yes, it is indeed a scam – but let’s find out…
How Does The Liberty BTC System Work?
After signing up to the Liberty BTC System you’re forced to make a deposit with their recommended binary options broker before you can get access to the members area & start trading through the system.
Even if you already have an account with a binary options broker it doesn’t matter – they require you to make a deposit with the one they recommend otherwise you won’t get access into the system.
This is a major red flag & it’s a common trait of a binary options scam. I’ve reviewed hundreds of binary options systems over the years & every single one that operated this way turned out to be a scam.
Before handing over any cash I decided to do some research into this company & I’m glad I did…
Here’s How It Really Works…
Whilst it would be nice if the Liberty BTC System worked as promised, unfortunately in reality it doesn’t & I can confirm that it’s merely yet another binary options scam looking to part us with our money.
Kyle Stanford, who’s supposedly head of operations at the company (and founder) is actually just an alias. The system has been created by an internet marketer who’s chose to hide his true identity.
And you can probably guess why he’s chose to do that…
Basically the internet marketer that’s created this system & the broker he recommends to you are both in on this scam together. When you sign up & deposit funds with the broker the marketer gets a huge commission.
So as I mentioned above the system isn’t really free, just that rather than paying for it directly you’re paying for it via the broker – a clever trick that’s being used to part you with your cash without you realizing.
Then sadly you’re left to find out that when you do finally get access to the system after depositing your funds it doesn’t really work as promised. Whereas you were supposed to get 99.8% accuracy on winning trades – instead you’ll see around 99.8% of your trades lose (if not the full 100%!).
Remember, the binary options broker is in on this scam – they’re paying the marketer a huge commission to get you to deposit funds with them & they only make money when you lose.
It’s not in their interests for you to win.
You Might Also Like:
But Here’s The Catch…
This system (like all of the other binary options scams that have came before it) has been designed in a way to make you think that you can just “try it out” without any great deal of risk to your money.
You’re made to think that if it doesn’t work out you can just withdraw your money – but unfortunately once again the “recommended” binary options broker is in on this scam so they will make that next to impossible.
However if you have fallen victim to this system then all is possibly not lost because I have put a blog post together outlining the steps you can take to give you the best chances of getting your money back.
Though the best thing of course is if you haven’t done so already, don’t hand over any cash to these crooks. This system has been built with 1 intention in mind & 1 intention only – making the creator wealthy at your expense.
Is The Liberty BTC System a Scam?
Yes, this system is definitely a scam & it’s clear to me that it hasn’t been built with any intention at all of making you money – the only thing this system is out to do is make the creator rich at your expense.
Whilst I had thought we’d seen the back of these binary scams earlier this year it seems they’re making a comeback & starting to jump on the cryptocurrency hype in an attempt to part more people with their cash.
Most people had wised up to the old scams but with lot’s of new people now looking to get in on the cryptocurrency boom it looks like they’re unfortunately going to catch a whole load more people out.
As I mentioned earlier in this review I had actually seen 2 very similar cryptocurrency scams launch over the past week alone, the Bitcoin Code & the Ethereum Code, both of which worked exactly like this system.
You have probably already guessed my verdict but to confirm it this system will definitely be getting a huge thumbs down from & I certainly won’t be recommending it to you as it’s clearly a big scam.
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.