Is BitCoin Loophole a Scam?
Since we haven’t gathered enough information yet, we cannot confirm that BitCoin Loophole is safe. You can Proceed to Safety OR Choose one of the Is-Scam approved and safe trading applications:
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Bitcoin Loophole Overview
Bitcoin Loophole is a new cryptocurrency trading software that has been created by someone called Steve McKay. According to the claims made by the presenter in the promo video, traders can start earning as much as $13000 within the first 24 hours of activating the software.
The software works on fully automated mode and claims to generate massive profits on behalf of its users.
People get really excited when they hear about such offers. It certainly sounds like a great idea to be able to sit at home and earn thousands of dollars without even lifting a finger. But we know from experience that this is an obvious sign of a scam. This is the reason we investigated about Bitcoin Loophole and complied this review to help traders find out whether it is legit or not.
So if you have heard about Bitcoin Loophole and wanted to know if you should sign up for it or not, then read this review till the end.
What is the Bitcoin Loophole?
Can Bitcoin Loophole make you wealthy? Can this software deliver on its promise and generate massive income on your behalf on passive mode? The answers to these questions is a big No.
It is important for investors and day traders to learn everything about a trading software before signing up for it. There are many systems on the market that only make big promises. So before anyone falls for these promises, it is crucial that they investigate about the app thoroughly and make the right decision.
Before we started our own investigation, we really had our doubts. On the surface, Bitcoin Loophole looks like a promising software, but as dug deeper, it became quite clear that the app has been created to fool traders. This app is nothing more than a scheme that over-promises and under-delivers. It may sound tempting to be able to make $13,000 every day, but the truth is that it is just a trap to entice newcomers and get money out of them. Bitcoin Loophole is not even the average trading tool that gives profits after few losses. This app makes losses consistently until the trading account of the user is completely drained.
Bitcoin was created to offer a stable currency to people from across the world. Over the years, this digital currency has become really popular and today it is even possible to exchange bitcoins for real money.
How Does the Bitcoin Loophole Operate?
The creators of Bitcoin Loophole claim that this software can earn over $13,000 in profits for its users on a daily basis. They want traders to sign up for this app which they claim is free and start generating massive income from the comfort of their homes.
But this software doesn’t work like a typical cryptocurrency trading software. It doesn’t scan the financial markets and search for profit making opportunities. The software doesn’t undertake any kind of analysis or study of the cryptocurrency trading markets. In fact, it generates signals randomly. This is the reason trades that are executed on automated mode result in losses.
The idea of the people behind this software is to get as many sign ups as possible. Basically, they get affiliated commissions for referring new clients to the brokers. They link traders to unregulated brokers and when someone adds a deposit to their account, these people get a commission. Neither the broker, nor this trading software is genuine. It is a scheme run by scammers to steal traders’ money.
Bitcoin Loophole: Scam or a Good Investment Software?
To determine if Bitcoin Loophole is a good software or not, the first thing that we tried to find out was who created this software. Honestly, we did not find any information on who Steve McKay is. The images that the people behind this software have used are all stock photographs.
Making use of stock images, fake aliases and fake company names are often used by fraudulent programs to hide their own identities. This also allows the scammers to remain anonymous. Lack of transparency about this trading software is another major red flag that we came across.
Next, the reviews and testimonials that have been posted on their website are also fake. The profiles do not belong to real people. Again, stock images have been used to make the profiles look genuine, but the truth is that they are fake.
To deceive traders and to steal their money, these scammers have told many lies. The lies about earning thousands of dollars every day are ridiculous. The software also has connections with shady brokers which puts traders and their funds at a huge risk.
After reading this review, we are sure that none of you will agree that Bitcoin Loophole is a safe software. The people behind this fake system are not transparent about their developers, the working mechanism of the software and the actual results it is capable of yielding. Actual reviews from real traders is quite alarming as well.
We have also exposed many of their lies in this review. Based on our findings and what people are saying about Bitcoin Loophole, we have reached the conclusion that this software is not legit and therefore it must be avoided at all costs.
Final ConclusionAfter detailed investigation our team concluded that this Binary Robot may not be safe.
The lack of enough real and unbiased reviews on the Internet only increases our uncertainty. This auto-trading system has not been able to achieve the profits advertised on their sales page. Unfortunately we cannot confirm that this robot is decent until traders provide positive feedback.
We recommend You to Proceed To Safety and Avoid Scams by Choosing a High Rated and Trusted Robot on Is-Scam.com.
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