BitcoinMethod Review 2024: Don’t Trust This Legal Scam Opportunity
The domain of this firm is not the only thing that’s not secure; in fact, its entire existence is based on scamming investors. Instead of providing tools that can help you trade, this firm will sell your personal information to scam brokers who will later call you and lure you into investing.
That said, our fact-checked BitcoinMethod review is here to shed a bright light on the firm’s operations so you can make well-informed investment decisions. Keep reading to learn more about them and make sure to check out Pips Alert if you’re looking for a signal provider.
About BitcoinMethod
The firm presents itself as a 90% accurate automated crypto-trading genie. The Bitcoin Method makes use of an algorithm that predicts asset values and market trends with a degree of accuracy akin to a “crypto crystal ball.” However, the accuracy of 90% is nothing more than a lie and a story to lure investors into depositing money.
Both domains are shut down and unsafe, which is visible soon after visiting the page. There is nothing we know about the company like where they come from, who works for it, who established it, not even what they do. The company is completely anonymous online.
According to ScamAdviser, the registrar of this firm is very popular amongst scammers and the platform supports anonymous transactions. Leaving your card details on their website could mean the end of your funds. But keep reading our BitcoinMethod review to see if it gets better.
Company Type | Affiliate Campaign |
Legal name | Bitcoin Method |
Regulation | Not expected |
Registered in | N/A |
Established | 2016 |
Website | www.bitcoinmethod.com |
Financial Authorities Warnings |
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Contacts |
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If a withdrawal is possible | No |
Fees |
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If Active on Social Media: | No |
Investor Protection: | None |
Activity areas | Germany, United Kingdom, Spain, Mexico, United States |
Main threats | Scam bot; |
Main perks | None! |
Legal Information
Companies like this one are unfortunately not required to be regulated if they’re not dealing with your funds directly. Considering this firm is closed today, it could indicate potential issues while using their services. It’s possible that due to providing financial services, authorities shut them down, however, there is no information we can use to verify our claim.
Either way, the bot is a scam despite being regulated or not. It works as an affiliate campaign that sells your details to unregulated brokers, who will then reach out and request a deposit. After you give them your money, who knows what will happen. That’s why you should avoid firms like the BitcoinMethod.
BitcoinMethod Features
The firm operates as an automated crypto bot designed to make your life easier when it comes to crypto trading. However, instead of helping you, you can expect to be confused as to why the firm you wanted to work with shared your details with a broker you never heard about.
BitcoinMethod claims to have a success rate of 90%, which not only is impossible but it’s also a piece of information used to lure traders into depositing the initial $250. There are no bots that can offer 90% success because profits are not guaranteed and whoever tries to sell you stories of huge profits, you should know they’re a sham.
The BitcoinMethod Scam Exposed
The firm claims to be an automated crypto bot but in reality, they only exist to collect your information and sell it to the highest bidder. After you leave your details, you will be contacted by a broker who will then take your deposit and you’ll gain access to a trading platform that the broker offers.
But the problem with this company is that they offer a 90% accurate bot which is impossible, they can pair you with an unregulated brokerage like Monaxa, and their whole identity is a big lie used to lure investors into depositing their funds.
To protect yourself, make sure to pay attention to how the website is designed and whether or not it lacks transparency. That is your best chance of avoiding firms like this one.
Traders Share Their Experiences
The most surprising thing we noticed is the high score and number of reviews about this firm. The BitcoinMethod reviews are great and there are 17 comments in total. The firm has a rating of 4.65 stars, indicating that most customers are generally satisfied with their services.
However, reviews can be fabricated as we already know, so we wanted to focus on the negative comments, the only problem is that there are none. There are only 5- and 4-star comments available on Sitejabber. Considering the company is shut down, it’s shocking there are only favorable comments.
Payment Options and Process
The platform claims to provide easy payouts after crypto trading profits are realized. However, considering that the company was closed who knows why, we have a hard time believing their claims. The truth is, you will probably experience a withdrawal process full of issues and problems and there will be no one to help you out.
According to the website, the only payment option provided is cryptocurrency, which doesn’t surprise us. Crypto is difficult to trace and even more difficult to report in case something goes wrong. Never deposit your money with the BitcoinMethod bot.
Weighing the Pros and Cons
Pros | Cons |
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Can I Make Money While Trading Online?
The BitcoinMethod crypto bot is not a reliable choice and investing your money with firms like this one will take your eye away from things that matter. You can pass up an opportunity just because you dedicated your time to trade blindly with this company.
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For 14 days for free, you can experience the bot firsthand and enjoy a hassle-free trading experience. There are no commitments! So what are you waiting for? Call us now and reserve your chance of success with the power of AI.F.
FAQ Section
What is BitcoinMethod?
BitcoinMethod is an affiliate campaign posing as a trading app that sells user data to unregulated brokers, resulting in potential scams.
Is BitcoinMethod a Legit Trading App?
No, BitcoinMethod is not a legitimate trading app. It operates deceptively by misleading users and selling their information to scam brokers.
Can I Trust BitcoinMethod to Make Money For Me?
No, it's not advisable to trust BitcoinMethod to generate profits as it's associated with deceptive practices and does not offer reliable trading services.