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BitGPT Review: Stay Away From This Fake and Unreliable BitGPT App

BitGPT review

The first thing you will notice when visiting the website is that BitGPT claims to be a part of Open AI, the company that made ChatGPT. However, after asking the bot about BitGPT and searching the web for more information, despite the claims, the BitGPT platform is not a part of Open AI.

Read our BitGPT review to learn who this company is and what it does before leaving your details in hopes of elevating your trading skills. We suspect this firm works as an affiliate campaign but keep reading to learn more and make sure to check out PyInvesting.

About BitGPT

Most affiliate campaigns have some things in common; a badly designed website and a web form for contact. However, some might even dedicate time to designing a better web page and providing a phone, so it’s not a factor to rely on when doing research. However, it is something to consider.

After delving in further, the scam becomes even more apparent. The website was shut down a couple of times due to a ‘high demand’, at least according to the company. However, we suspect the truth is worse than this. Even the FAQ section doesn’t have any questions connected to the app itself.

From what we’ve gathered so far, it seems that BitGPT AI is not a reliable company and in reality, the bot doesn’t even exist. Once you leave your details, you will be contacted by a broker who bought them and the danger begins if you get paired with an unregulated brokerage without even knowing.

Company Type Affiliate Campaign
Legal name BitGPT
Regulation Not expected
Registered in N/A
Established 2022
Website bitgpt.appbit-gpt.io
Financial Authorities Warnings
  • No official warnings
Contacts
If a withdrawal is possible Highly unlikely;
Fees
  • Hidden fees
If Active on Social Media:
  • No
Investor Protection: None
Activity areas Japan, United States;
Main threats Scam affiliate campaign;
Main perks None!

BitGPT Features

With its OpenAI GPT4 technology, BitGPT presents itself as a cryptocurrency trading robot that can recognize trading opportunities by analyzing market patterns. With its user-friendly design, the platform is ideal for both novice and seasoned traders. 

It also provides real-time market data, ongoing performance enhancements, and device compatibility. Available assets include BitGPT Bitcoin, crypto, and stocks. Similar to this firm, Trading21 presents as an educational platform when instead, they offer AI trading.

Despite these assertions, there remain doubts regarding BitGPT’s veracity; some even speculate that it might be a fraud. It is recommended that traders use caution and due diligence before utilizing BitGPT or any other platform of a similar nature.

BitGPT Price

The platform claims to be free and traders are only required to leave their contact details via a web form to start. However, after leaving your details, the company will sell them to a brokerage company, which will later reach out and offer you guaranteed profits and high returns.

The problem will be if you’re paired with an unregulated brokerage, which will then impose many different and unknown fees before letting you withdraw your funds. That is why we recommend avoiding this company altogether. Being free is only a way to lure investors into leaving their details.

BitGPT Reviews

The reviews on Trustpilot look promising, and any trader would be tempted to leave his details after viewing the reviews. The overall score of 4.6 is based on 40 comments and the majority of them are all favorable. We only found one 1-star comment accusing them of a scam.

Additionally, one trader asked a question on Quora, wondering if the app was real or not. The only answer posted was from a trader who copy-pasted the ChatGPT answer, which clearly states that BitGPT trading is not part of Open AI. A firm that lies has something important to hide.

Payment Options and Process

The payment methods for depositing your funds with various brokers include credit/debit cards, wire transfers, crypto, UnionPay, Webmoney, Neteller, and Skrill. The minimum investment required is $250 according to the website, despite saying the platform is free.

That requirement alone is proof your details will be sold and withdrawing your funds with scam brokers will be impossible. Additionally, there is nothing mentioned about withdrawing your funds, only depositing. That should indicate a lack of transparency that you want to avoid.

Final Words about BitGPT

Even after reading the user reviews, you might find the site enticing enough to want to register your information. Even though this platform makes significant promises, there isn’t any available proof to support them. Therefore, use caution when using this website, and keep in mind that success in cryptocurrency trading is not guaranteed.

Despite saying US citizens are not accepted, the majority of their users come from the US, which is another red flag to consider. Not to mention the guaranteed profits and fake reviews. Overall, this scam company has nothing of interest to traders, so avoiding them will be the best solution.

Dedicate Your Time to Proprietary Trading Instead

Registering at the BitGPT login page can only bring you closer to losses, so instead, try proprietary trading. Without spending a dime, you can showcase your skills, become a funded trader, and scale up to $200,000! Choose between one-phase, two-phase, and instant evaluation challenges.

The rules are simple and made so you succeed, unlike other companies whose rules are created to make you fail. Withdraw your profits hassle-free each week and enjoy a safe and reliable trading environment. Additionally, our services are trusted by more than 2,000 traders.

Besides a proven track record of success, traders can find comfort in knowing we are a 4.9-star rated company on Trustpilot. Prop trading has its risks, but with the right firm, you can stay calm knowing you’re protected. Call us now and book your chance of success with prop trading!

FAQ Section

What is BitGPT?

BitGPT is a platform that claims to be a crypto trading robot using OpenAI GPT4 technology, but there are doubts about its legitimacy and it may be a scam.

Is BitGPT Legit?

There are concerns about BitGPT's legitimacy, as it may be a scam. Traders are advised to exercise caution and conduct thorough research before using it.

How to Find a Good Trading Brokerage?

To find a good trading brokerage, consider factors like regulation, reputation, trading costs, customer service, and the range of products offered.

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