The Bitcoin Code App, is a fake trading system which went viral last year, and promises you will make a lot of money.
Before you become a victim of the classic Forex Investing App Scam, here is what you need to know about the trading app.
Bitcoin Code Review
The first thing to look at when analyzing a trading software, is the website address. If you look at the address bar, you will probably see a weird domain name, with hyphens. There are literally 25 different websites, all claiming to be the real Bitcoin Code, but they are all just a scam!
A real automated trading software is supposed to be based on technical indicators, and generate trade alerts and place trades on your account.
When we signed up for the software, they simply ask you to deposit money into the brokerage account. There is no ability to see the actual software, how it works, or if there are any settings for it. We can only assume that Bitcoin Code is just a “funnel” to get you to deposit money at some offshore, unlicensed broker.
Real algorithm trading software allow you, the investor, to configure all aspects of the software, before you make a deposit, see here.
Is Bitcoin Code a Scam?
The problem with Bitcoin Code, is that it is exactly like many other scams we have reviewed. They claim you will make huge profits of thousands per day, however the truth shows otherwise.
Another reason why “The Bitcoin Code” is a total scam, is because they claim a 99.4% level of accuracy. They display on their website, only 4 Copies Available, but that is not true, because we opened four accounts with them. And they write insane promises of high profits!
“Ride The Wave of bitcoin, And Earn a Guaranteed $13,000 In Exactly 24 Hours”
The goal of the video is to get you to open a trading account at an offshore broker, and for you to deposit money there. This software has been copied many times by scammers around the world.
Warning – The Broker Scam!
It is important for every investor to know, that your money is held at a broker. If that broker is not licensed, you will never see your money again! When you learn how this scam operates, read this, you will understand why they would connect you with an unlicensed broker.
If you are interested in trading Crypto CFD’s, you can find a list of popular brokers here.
WARNING! The Celebrity Endorsement You Saw is Fake!
Look At The Real Trading this review, which broker did Bitcoin Code direct you to?