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Bitcoin System Review
The future of finance is in cryptocurrency, thanks to the liberalisation of trade arrangements. Bitcoin System is one of many software products that claims to automate trading processes in order to earn more profits for its users. But is this platform authentic? Since these types of trading bots have grown in popularity among investors, many companies have built websites that promise huge returns with no effort required. Once subscribed, you are redirected to an affiliated, non-regulated broker, where your investment is likely to disappear before your eyes. This review will test the Bitcoin System robot in order to evaluate its legitimacy.
What is Bitcoin System?
Bitcoin System is a website that claims to earn users immense profits through the use of an auto-trading cryptocurrency robot. The website is similarly designed to many other bot homepages, requesting targeted customers to register an account and deposit their hard-earned cash. Bitcoin System then redirects you to a brokerage, and in all likelihood, you will receive a call from this company who may request personal details. These brokers are affiliates of Bitcoin System, meaning that the bot homepage is merely a gateway to unregulated brokers. Bitcoin System receives a commission for every customer they send their way.
Britcoin System Review, Is Britcoin System SCAM Or Legit App?
What is the Britcoin System and who is Jasper Boyle? If you are searching the internet looking for a fair an impartial Britcoin System review and investigation then you have you have found the right website! So, is Britcoin System SCAM or not? Britcoin System is a totally BLACKLISTED crypto scam and complete clone and replica of the Bitcoin Aussie System which has also been previously blacklisted by the entire online trading community. Our detailed review will produce conclusive and decisive proof of fraud, deception, and trickery in a way which can’t be rebuked or disregarded in any way. Again, to emphasize the Britcoin System SCAM is NOT a genuine system. It is being marketed as a legitimate crypto robot, but it is anything BUT that. In fact, our complaints desk received multiple grievances in regards to this fake signals system and automated trading app, and these are basically divided into two types problems we identified immediately. The first complaint came in from a UK trader in Lancaster London who plainly stated that he is not able to withdraw his winning from his broker (he mentioned Prestige Capital Markets). The second complaint came in from a woman in Manchester who said the software kept executing trades and losing. When she tried to stop the Britcoin System software she was not able to and by then it was too late as the app had already stolen her money. These are all documented complaints which can be produced at any given time on demand. Still think the Britcoin System is a legit money-making app? Before you pull out your wallet and risk it we highly recommend you continue reading our informative Britcoin System review to see for yourself how we exposed this cheating app and shed light on this dirty little operation.
Official Website, Login Page, and Members Area: britcoinsystemapp.com/
Proof of SCAM
Below (the left side) is a screenshot taken directly from the Britcoin System primary sales page and registration area. Right next to it you will see a screenshot taken from the Bitcoin Aussie System sales page. Its plain to see from the two illustrations that the Britcoin System scam is copied from the Bitcoin Aussie System. Even the text about “an automated approach to generating a fortune in Bitcoin” is the same (not to mention the cheap actor).
Britcoin System Versus Bitcoin Aussie System
Moving forward, here we see a part of the sales presentation where it is mentioned that Bitcoin is “now approaching the $20,000 mark”. A closer look will reveal a time and date stamp of August 1, 2020. We looked up BTC/USD on Google and NOT to our surprise we found out that 1 Bitcoin is valued at $7,574.99 US Dollars. This means the crooks behind the Britcoin System are liars and trying to cheat you out of your money by misleading you with misinformation and outdated facts and figures.
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Britcoin System Fake Sales Presentation
And here is the final nail in the coffin. When we signed up we were assigned to a Forex Broker named UFX. This broker has been around for a long time, and we are not saying it is a scam, but we did receive a couple of complaints about how difficult it is to cash out money. Some bickering about how the software loses trades was also heard in our complaints desk (this explains a lot).
Britcoin System Cheating Broker
Who is Jasper Boyle?
Boyle Claims to be an Ex-Banking executive with unique knowledge about how to generate money for wealthy clients. He says he used his knowledge to develop mathematical algorithms which create massive wealth in a very easy and fast way. But we know this is not the truth as Boyle does not really exist. He was created because the people behind Britcoin System believe this fake identity will be instrumental in helping them deceive would-be traders searching for a legit crypto app.
Britcoin System Review, How Does It Work?
Do you believe the story about a powerful and super-accurate trading algorithm makes split-seconds decisions and keeps you ahead of the market so you can reap all the benefits? That is what the liars behind the Britcoin System would have you think, but again we know that is anything but the truth. Boyle is attempting to use a Robin Hood style sales pitch in order to make us identify with him. He claims he took his knowledge from the banking industry, where he learned how to generate wealth for the top 5 percent of the bank’s clients and developed his own automated Bitcoin Trading software. Now he is looking to make this revolutionary system available to the “regular guy” and help you make money like the rich do. He wants to make 15 beta testers the next millionaires by allowing them free access to his software. In reality Britcoin System is a hoax, and a shameless crypto scam designed to drain your bank account.
Is Britcoin System Scam Or Legit?
It is not possible to make money with the Britcoin System because it was designed to execute losing trades and cheat you out of your money. We actually tried it out and lost our money in a matter of seconds, so we are advising you to stay away.
Is it Free?
Not really, it’s going to cost you at least $250 and that money will be charged to your credit card by thieving offshore brokers who don’t really care about your financial state of affairs or ethical business practices. They will rip you off as fast as they can and then send you on your way in a very clever and deceitful manner.
Britcoin System Fake Reviews
Oh yes, we saw some of those, and its no secret that some affiliate marketers are cooperating with dirty brokers behind your back in order to steal your money so please don’t invest and be super-careful.
Other Viral Scam Trending
The one we recommend you avoid is Bitcoin Formula.
If you have been previously scammed then you already know how convincing greedy scammers can be and how far they will go to trick you into signing up with one of their crummy brokers. Fortunately, our staff was able to find a few of the best and most genuine systems which produce results consistently. These apps are all listed in our recommended section so take a minute to check them out.
Britcoin System Review Summary, Conclusions and Helpful Tips
The Britcoin System scam software by Jasper Boyle is a fake Crypto Robot and was designed with the malicious intent of defrauding unsuspecting victims who only wish to trade successfully. If you you had the misfortune of funding a real-money trading account, then please DO NOT reinvest. If you need additional proof about how deceptive the fraudulent Britcoin System software really is, please message us via our contact page and we shall be more than happy to assist you. Again, we would like to remind you that there is nothing legitimate or genuine about Britcoin System as we have tried it out ourselves and lost our initial investment in a matter of seconds. If you have any queries or need additional information simply message us via our YouTube Channel, Facebook Group, and G+ profile.
Bitcoin System Review: Scam or Legit? The Ultimate Test
Bitcoin System is a trading robot that reportedly generates huge profits speculating on bitcoin. This robot is said to earn its users at least $200 daily from a deposit of $250. But is Bitcoin System legit?
From our investigation, Bitcoin System appears to be legit. This robot is among the few in the industry that has a nearly perfect online reputation. Most users appear satisfied with the results generated by this robot.
The robot also has good ratings on ease of use and customer services. Bitcoin System is fully auto meaning that no special skill is required to use it. The robot appears to be popular with both the experienced and inexperienced users.
Read this review to the end to learn more about Bitcoin System and the trading strategies you can apply to make the most out of it. You can go straight to this robot website by clicking the Trade Now link in the table below.
- 88% Claimed Win Rate – Appears to be legit
- $/£ 250 Min Deposit
- Accepts Debit and Credit Card
On this Page:
Is The Bitcoin System legit?
From the reviews that InsideBitcoins has analyzed, Bitcoin System appears to be legit. Most people who have tried it report satisfaction with its profitability. Bitcoin System appears to operate in full transparency given that it has made all the necessary disclosures including the technologies behind its robot. User reviews indicate that Bitcoin System is easy to use and has great customer services. Most users also report this robot has a seamless withdrawal process. Bitcoin System partner brokers also appear to be legit. We have determined that they are well regulated and have a good online reputation.
Bitcoin System has good ratings on independent consumer review sites including TrustPilot. This is a clear sign that most users are happy with it. This robot has an alleged win rate of about 89%. Consequently, it reportedly has the power to generate a consistent daily profit of $150 from a deposit of $250.
From the demo test, this robot appears to have such a level of profitability. The demo test reveals that Bitcoin System has an easy to use web-trader. Moreover, this robot comes with adequate educational resources to help traders familiarize with its platforms. Read our top bitcoin robot 2020 to learn more about trading robots.
What is the Bitcoin System?
Bitcoin System is an app that utilizes bots to trade cryptocurrencies automatically. Bots like this one usually claim to be ahead of the market, which gives them an advantage and allegedly a high chance of profitability.
They are programmed based on complex algorithms that allow them to analyse financial news and the market within fractions of seconds. They then allagedly automatically place the most profitable investments for users. The platforms basically use a technology that cuts out human error completely. Most robots promise success rates of over 90% and for some of these robots, the promises are realistic, for others, they are not.
That is why we wanted to test Bitcoin System to determine if it is actually legit. From our background tests, Bitcoin System appears to be legit. As explained earlier, this bitcoin bot has great online reviews. Moreover, it appears to have made all the crucial disclosures required by users to make informed choices.
Bitcoin System allegedly relies on complex algorithms to read the bitcoin markets and make trading decisions. These algorithms are powered by advanced trading technologies including artificial intelligence and machine learning. Bitcoin System’s high alleged accuracy is as a result of these technologies and also the fact that it trades on huge margin. Even with the alleged accuracy level, there is still a significant level of risk in trading with this bot. Do not deposit what you cannot afford to lose.
How does The Bitcoin System App work?
Bitcoin System applies the same mechanism as other popular algorithmic coin trading apps that utilize crypto robots. These systems work as follows. You register to a service, if it is applicable, you verify your account. After that, you need to fund it with money.
Not all services have the same pricing models. For some, you usually have to pay a flat fee every month to keep your account on the platform where you can use the bots to trade cryptocurrency. For others, you have to rent the bots that do the trading for you. There’s also another pricing model that is popular with companies that have issued tokens during an Initial Coin Offering (ICO).
For these services, you have to buy the native token of the service, and hold a certain amount to use different bots and/or features on the platform. If you are ready to pay these fees, you can set up the bots. After you are done, you don’t have to do a thing other than waiting and hoping that your balance will increase.
Bitcoin System operates in partnership with a number of robot-brokers. These brokers’ responsibilities include handling deposits, facilitating transactions and providing leverage. For the record, a robot is not a financial institution and therefore does not have the legal mandate of handling deposits. As mentioned earlier, Bitcoin System brokers offer a leverage of up to 1:1000.
How to trade with Bitcoin System
Step 1: Opening an account
To use the Bitcoin System app, you’ll need to create an account. You’ll find a form on the right side of their homepage page where you’ll have to enter your full name and email. After that, you will be required to choose a password between 6 and 10 characters including letters and numbers.
Finally, you will have to select your country of residence and insert your phone number with the correct country code. After that, you will be able to move on to the next step which is demo trading.
Step 2: Demo Trading
Now that you have a Bitcoin System account, you can try trading in demo mode. You will have $1,500 available to trade in crypto with your demo account. To do that, all you have to do is click on the “Go to Demo” button on the left side of the screen.
You’ll see three statistics on the top: total profit, total balance, and winning trades (the trades that have resulted in profits). On the right side of the “Open Trades” tab, there’s a slide next to “Auto Trade.” To start your first demo trade, click on it and it will turn on. After a short period of time, you’ll see multiple trades that have been conducted by the crypto bots of the platform.
Analyze the results and determine whether this platform is worth your money. Please note that algorithmic cryptocurrency trading involves high risks.
Step 3: Deposit Funds
If you have come to the conclusion that you want to trade cryptocurrencies live on Bitcoin System, then you’ll have to first deposit funds into your account. Switch from the demo mode by clicking the “Go to Live” button on the left side of the page.
When you are there, click the green “Deposit” button, and the website’s administrators will reach out to you with instructions on how to deposit funds into your account.
Look for their email and follow the instructions in order to fund your Bitcoin System account. Robots like Bitcoin System connect to online brokers. Depending on what broker you are connected to, you will have different payment options available to deposit your funds. You can pay with debit and credit cards, some e-wallets and Bitcoin.
Step 4: Trading
As soon as your funds are credited on your account, you can start trading. Before that, you will have to decide on your trading settings. You will have to set up a daily stop loss, the maximum profits you wish to make in a day and how many trades you want to make daily.
You will also have to choose your investment amount for each trade. After that, you may also choose which cryptocurrencies you wish to trade with, depending on your personal preferences. If not, you can leave that to the robot.
You will see a red circle saying “Off” on the right side of the screen. Click it to turn it on. You are all set. All you have to do now is sit back and watch the robot trade.
Bitcoin System features
Bitcoin System claims to make a daily profit of up to $200 from a deposit of $250. The users’ reviews we have managed to analyze shows that this robot performs consistently. We have not done a live testing and therefore cannot guarantee how much you will make. You can try it with a small deposit of $250.
Bitcoin System allows users to withdraw their funds whenever they need. To withdraw, simply fill the form presented on their funds management page and wait for up to 24 hours for your money to reflect in your bank account.
Easy to use platform
Bitcoin System platforms are easy to use for all types of users including complete beginners. As explained earlier, this platform is 100% automatic.
Simple verification process
All you need to verify to trade with Bitcoin System is your email and phone number. The process should not take you more than 15 minutes.
The Bitcoin System Review: the Verdict!
So, we have given the Bitcoin System a good rating based on performance, ease of use and customer service. The robot is also fully transparent given that it provides all the information that users need to make an informed choice. Bitcoin System has a lot of good ratings on review sites such as Trustpilot. From the reviews we have come across this robot is claime dto be profitable and easy to use. No special skill is required to operate Bitcoin System given that it is fully auto.
Even though Bitcoin System has a very high alleged profitability, it is not risk-free. The robot trades on a leverage of up to 1:1000 meaning that there is a likelihood of experiencing losses beyond the invested capital. One of the few disadvantages of Bitcoin System is that it does not have a negative balance protection feature. This means that users who fail to balance the risk are likely to blow their trading accounts.
Read the risk management guides carefully before using this robot. Also, ensure that you only deposit what you can afford to lose. There are a lot of heartbreaking stories about people who committed their retirement money to margin trading only to lose it all. A deposit of $250 is a good starting point with Bitcoin System.
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