Crypto-storm.ltd Reviews Crypto Storm, Another Scam Bitcoin Doubler

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Don’t Invest in Bitcoin Code, Bitcoin Doubler or Bitcoin Trader – They Are All Scams

Those new to crypto and with money signs in their eyes can easily be taken in by scams, and there are many, thanks to the decentralized nature of bitcoin and the lack of knowledge surrounding it for beginners. Promises of easy and incredible gains thanks to the guidance of some shadowy “bitcoin expert” or auto trading software abound, and the wise old rule of thumb still applies: if it sounds too good to be true, it probably is. This article describes three of the most infamous crypto scam sites, all of which promise to automatically trade for the user.

Common Bitcoin Cons

The word “con-artist” is shorthand for “confidence artist.” The way cons work is to gain the confidence of the mark, or victim, and then the rest is easy. The same holds true in the crypto space, and cons are especially easy to pull off when the victim knows little to nothing about the subject at hand.

What follows are descriptions of some of the most common con operations in bitcoin, and information on how to spot and avoid them.

The Bitcoin Code

The so-called “Bitcoin Code” is a scam operation whose website is continually changing. Like many scams, the website offers a service which is said to predict market trends and automate trading for users guaranteeing ridiculous gains such as “$13,000 in exactly 24 hours.”

While some may marvel at how anybody in their right mind could fall for such an outrageous claim, people knowing nothing about bitcoin often allow their lack of knowledge to woo them into thinking such things just might be possible. They also tend to imagine needing an expert’s guidance to “buy in,” or that crypto is a centralized affair like stock market brokerage. Many are too afraid of missing out.

Confirmation that Bitcoin Code is a scam is easy with a little internet sleuthing. Not only does a reverse image search of Bitcoin Code creator “Steve Mckay’s” picture show it to be a fake, but even the so-called testimonial videos on the site are phoney. The images below show a man featured in the Bitcoin Code’s promo video, who turns out to be an actor from e-gig website Fiverr.

“Investor” in the Bitcoin Code. banjoman15 on Fiverr.

Even top Google search results still give the Bitcoin Code good reviews and maintain it is not a scam. It’s important to remember that being a top search result does not mean a piece of content is reliable.

The multi-website, actor-leveraging scam that is Bitcoin Code is reported to have duped many already. The links lead to various websites all said to be the “Bitcoin Code.” Sometimes just to error messages. Bitcoin Code maintains “you must invest any amount you desire of $250 or more.” Just don’t expect to ever see it again.

Just because it’s a top Google search result, doesn’t mean the info is reliable.

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Bitcoin Doubler

“Bitcoin Doubler” is another scam model, featured on multiple websites. Like Bitcoin Code, doublers promise insane gains in short periods of time, preying on the naivety and financial desperation of victims.

Spelling and grammatical errors such as those found on this “bitcoin doubler” site are common red flags.

These sites typically ask the user to enter an email and a bitcoin address, followed by a deposit. They are then instructed to wait for their big returns to arrive within mere days or hours. The returns, of course, do not arrive, and the only thing doubled is the mark’s financial woes.

Bitcoin Trader

Rounding out the list of scams sites is another “autotrader” scheme called “Bitcoin Trader.” As is common with crypto cons, urgent messages about a lack of time left to invest or get in, misappropriated images and video of famous millionaire or billionaire investors speaking highly of bitcoin, and location-customized “news” of the latest individual to make a killing are all present.

Common elements of bitcoin scams include urgent “time’s running out” messages, location-specific announcements of fake people nearby making money, and misappropriated celebrity endorsements of bitcoin.

Another dead giveaway that this “Bitcoin Trader” site is a scam is that it shares the exact same promotional text as featured on the Bitcoin Code site. Both sites maintain that “Like any business, you need working capital to get started,” and request the same amount of $250 to begin.

So whether a suspicious site promises exclusive use of “time leap” technology that is “ahead of the markets by 0.01 seconds,” or binary trading advantages that can’t be beat, remember: if it sounds too amazing, it almost always is. Binarysignalsadvise.com recently posted their own warning about Bitcoin Trader, stating:

The claims are so dumb that anyone can identify that they are false.

Staying Safe

For those genuinely interested in crypto, it’s important to learn about bitcoin’s underlying mechanics and the basics of how it works — and to vet all potential trading platforms and other crypto websites for authenticity — before making even the slightest move toward investment or trading.

Bitcoin allows users and users alone to hold their own private keys so the funds are never in the hands of some obscure “Steve Mckay.” It’s electronic cash that untrustworthy third parties cannot touch, if used properly. As far as the code underpinning the bitcoin network itself, it’s open source and viewable by all, and doesn’t require any sort of investment to investigate.

Did you know about these scams already? What are some other common methods crypto scammers use? Let us know in the comments section below.

Disclaimer: This article is for informational purposes only. It is not an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Images courtesy of Shutterstock, fair use.

cryptostorm Review

Cryptostorm is a VPN aimed at hardcore techies, or people who are willing to become one to protect their privacy. It is, without a doubt, one of the most user unfriendly VPNs we’ve reviewed, but its security is excellent and the price is right. Read our full cryptostorm review for the details.

Cryptostorm sits in between good and bad VPNs, earning a rating of “just okay.” It comes from Vancouver, Canada, but has roots in Iceland and is committed to being the safest in its class. Dedicated to privacy and security, cryptostorm may seem a bit daunting at first glance, but the virtual private network has its good sides.

It is just right for people who place little value on nice interfaces, user experience and customer support. In the end, you use a VPN to ensure your own data protection and security, which is what you get with this VPN, no more and no less. More novice users may want to check out our selection of the best VPN providers, however.

In this cryptostorm review, we’ll talk about our experience after extensively testing (and criticizing) this unconventional VPN. We’ll discuss features, pricing, ease of use, supported devices, server locations, speed, security and customer service before giving our verdict.

Alternatives for cryptostorm

  1. 1
  2. cryptostorm
    cryptostorm.is

Strengths & Weaknesses

Strengths:

  • High security standards
  • Free plan
  • Killswitch
  • Supports bitcoin
  • No logs
  • Linux support
  • TOR support

Weaknesses:

  • Very slow
  • Not good for the technically impaired
  • Not good for streaming
  • Few servers outside of Europe & North America
  • Terrible interface
  • Almost no customer support
  • Terrible website

Features

Cryptostorm offers many security options to configure, apart from VPN protocols, where it only allows you to use OpenVPN. That said, you can choose between the transport protocols, configure ECC instances and IPv6. We’ll talk more about that in the security section below.

In addition to choosing the port you use, you can choose between the locations you want to connect to, which is pretty much standard nowadays. It also comes with a killswitch, DNS leak protection, WebRTC leak prevention and many other features relevant to security.

We were able to access Netflix, even with the free version, but the speed was so bad it was unwatchable. If TV shows are a priority, check out our best VPN for Netflix selection, instead.

According to the vendor, the VPN is also suitable for torrenting, and thanks to its high security standards, we would rank it among the best VPN for torrenting, too. Like Netflix, though, the terrible speeds mean it won’t be making that list anytime soon.

Apart from that, there aren’t many features of note. Cryptostorm is focused on securing your connection and, in our experience, not much else. If you want bells and whistles, it isn’t the provider for you.

Pricing

Cryptostorm uses a token-based pricing system, which is unusual for a VPN. The service isn’t as cheap as GooseVPN, as you can read in our GooseVPN review, but it’s still reasonable. If you want more value for your money, you might want to check out our Private Internet Access review.

With cryptostorm, you buy tokens to use its VPN network. In contrast to many other VPN providers, you can choose between one-time orders and recurring subscriptions.

Since it has jumped on the blockchain hype, it also accepts bitcoin for all plans. In fact, you can only pay with PayPal or cryptocurrencies. That combined with the token-based pricing system makes cryptostorm one of the few truly anonymous VPNs on the market.

Tokens don’t expire, either. They only begin depleting when you start using them. If you have purchased a token and used less than 50 percent of it, you can get your money back. For example, if you buy a monthly token and only use it for a week, you can contact support and ask them for a full refund.

The plans differ in duration alone. As with most VPN providers, the longest subscription is also the cheapest. There are no restrictions on bandwidth, but the tokens are limited to one device, except on the annual and lifetime subscriptions, which allow four and six, respectively.

Table of Contents Rating
Features
Cryptofree
    Unlimited GB Bandwidth 1 Included Devices Bitcoin
Weekly
    Unlimited GB Bandwidth 1 Included Devices Bitcoin
Monthly
    Unlimited GB Bandwidth 1 Included Devices Bitcoin
Yearly
    Unlimited GB Bandwidth 4 Included Devices Bitcoin
Lifetime
    Unlimited GB Bandwidth 6 Included Devices Bitcoin

In addition, cryptostorm offers a free plan, called cryptofree, which differs from the others in functionality, but not bandwidth. While using cryptofree, we noticed much slower speed than the paid options, as you’ll see in our speed tests.

Another drawback of the free version is that it doesn’t let you select the server you want to connect to.

Price-wise, everything is solid here. The fact that you can’t pay with credit cards or cold, hard cash like Mullvad (read our Mullvad review) is a bit annoying; however, with the ability to purchase lifetime access or pay at your own pace, cryptostorm looks excellent here.

Ease of Use

The ease of use is, in one word, horrible. The website has color combinations that burn the eyes and descriptions that are difficult to understand, even for a software engineer.

We installed the free version for this review. The good thing about cryptostorm is that you don’t have to create a user account. In fact, you can’t create one.

Make sure to install cryptostorm from the official website. If you type “download cryptostorm” into Google, you will get quite a few pages that look dubious, so make sure to avoid those. Here is the right download link.

Select the correct version for your operating system. The download will start automatically and installation instructions for your OS will open.

After you have downloaded the installation file, run it and follow the installation wizard. Then, launch the service and you will see the following.

Depending on whether you have purchased a token, you can choose between a few options here. If you’re using the free version, you can select “cryptofree” from the central drop-down menu. You will then see how the “token” input field fills automatically. After that, click “connect” and wait until cryptostorm does so.

The biggest flaw is that the free version does not allow you to choose which server you want to connect to. Plus, it doesn’t tell you which server you are actually connected to, so you have to check that manually.

Besides that, the main menu is bare. “Update” refreshes the server list, “options” opens the advanced settings and “exit” closes the application.

If you click on “options,” you will see three submenus: “startup,” “connecting” and “security.”

Under “startup,” you will find settings related to starting and stopping cryptostorm. There are language settings, too, though they are bizarre. You can only choose between English and Japanese.

The next submenu, “connecting,” has configuration options for the connection to the VPN servers. You can select the port cryptostorm connects to, the transport protocol it uses (UDP or TCP) and the timeout settings.

As the name suggests, you’ll find security settings in the “security” menu. ECC, IPv6, WebRTC, DNS leak prevention, DNSCrypt and a killswitch are the available options. If that was all Greek to you, check out our VPN security guide.

The main menu has a few things that caught our eye. As soon as you’re connected to a server, you can’t access the options menu anymore. You have to cut the connection to do so. In addition, the “save” checkbox does not work. We had to enter the token again and again.

What’s more, the application freezes when connecting and disconnecting. From our experience, cryptostorm feels like a concept less beta version that has yet to be finished.

Supported Devices

Cryptostorm covers Windows, macOS and Linux. It’s also configurable with your router and does not disappoint on the mobile side, either. Supporting most Android and iOS devices makes it look pretty good. It can also combine with the Tor network.

The number of simultaneous connections you can establish depends on the plan you purchase.

Here is how many connections you get with each plan:

  • One week: one connection
  • One month: one connection
  • Three months: two connections
  • Six months: three connections
  • One year: four connections
  • Two years: five connections
  • Lifetime: six connections

As this can get a bit confusing, we won’t be adding cryptostorm to our list of the best VPN for multiple devices, or, thanks to its interface, to the best VPN for Linux, either.

Server Locations

Cryptostorm has 28 servers, covering roughly the same area as TunnelBear (read our TunnelBear Review). Most are in Europe (14) and North America (14), which is not surprising since it is a Canadian VPN provider with roots in Iceland.

Russia, Ukraine and many EU member states were not considered by the VPN service. By itself, 13 countries — two servers are in Germany — may sound like a lot, but there are 47 countries in Europe, so it’s more like a fraction.

The only countries where you can choose between cities are Germany (two), Canada (two) and the U.S. (14). There’s not a single server in South America, Africa or Oceania. Asia is also covered less than inadequately, with a lone server in Hong Kong. CyberGhost and its 1,300+ servers make cryptostorm look bad (read our CyberGhost review).

Speed

We ran speed tests from Germany using speedtest.net and speedof.me. Here are the results.

Country: Ping (ms): Download (Mbps): Upload (Mbps):
Germany (unprotected) 33 24.51 5.88
France on Cryptofree 1341 0.48 0.79
France 54 3.59 4.55
Hong Kong 233 0.22 0.53
Dallas, United States 210 3.15 6.96
Vancouver, Canada 148 4.32 4.67
Finland 82 2.38 4.67

We tested each location in five runs and averaged the measured values. It is interesting to note that the download and upload rates vary greatly from run to run. That’s why we decided to bring in speedof.me, which returned the same results.

For the server in France, for example, we were able to determine values within a range of 3.44 Mbps to 9.61 Mbps. Hong Kong, Dallas and Vancouver were also affected by such fluctuations.

Latency is still within reasonable limits, as long as you don’t change continents. In Germany, the response times of the European servers were decent, so you can use cryptostorm for gaming. It won’t be making our best VPN for gaming list, though.

The download and upload speeds are, frankly, bad. Even connecting to a neighboring country such as France dropped our rate by 80 percent. We were astonished to find that the connection to Canada has higher download and upload speeds than the servers in France and Finland, so it’s not a consideration for the best VPN for streaming, either.

Cryptostorm’s speeds are just plain bad. The latency times are the only redeemable factor. Otherwise, it won’t be earning a place among the fastest VPN providers without major improvements.

Security & Privacy

Cryptostorm has great security and privacy. It uses OpenVPN and works over a TLS/SSL channel. As for the cipher, the VPN convinces us with ChaCha, an algorithm optimized for mobile devices. ChaCha is comparable to AES, the de facto standard in encryption, but it’s much faster.

On top of that, cryptostorm protects its data with ECC, a public key encryption system. With such a system, you always have two keys: one private and one public. That means you can only decrypt the encrypted information if you have the private key. The private key uses mathematical functions for decryption.

ECC is one of them. It is basically a mathematical procedure to decrypt public and private keys. An alternative here is RSA. By comparison, if you have a 256-bit ECC key, you would need a 3072-bit RSA key in order to obtain the same level of security. That does not mean ECC is more secure than RSA, just that it performs better.

Cryptostorm lets you choose if you want to use ECC and if so, which encryption signature you want to use. You can pick “secp521r1,” Ed25519” or “Ed448.” Those are the different private key types (coordinates and signatures) you can choose.

We subjected cryptostorm to an IP leak test and got good results. Not only was the website unable to detect that we were using a VPN, but our real IP address was hidden as well. The service passed the WebRTC leak and DNS leak tests without problems, too.

cryptostorm Privacy

We are also impressed by the token system, which guarantees that no user information is stored. If you pay with bitcoin or any other cryptocurrency, you shouldn’t have any concerns about privacy. The tokens are deleted regularly, according to the provider. On the other hand, if you lose your token, cryptostorm won’t be able to help you.

Since everyone who buys a token via PayPal receives an email with it, it’s questionable how anonymous you actually are. The email address could be used to connect your identity to the token and cryptostorm would know what you are doing. In that case, your token would be your very own digital ID.

The service claims that no customer information is stored, but we are skeptical. It offers a money-back guarantee if less than 50 percent of the token has been used. If you buy a one-year token, cryptostorm would have to keep your information for at least six months to comply with its guarantee. That seems contradictory.

Compared to other VPN providers, such as HideMyAss (read our HideMyAss review) or VPNArea (read our VPNArea review), though, that is complaining on a high level. All in all, cryptostorm can’t be fooled in terms of security and could rank among the safest VPNs out there.

Customer Service

Cryptostorm offers email support and that’s about it. There is no live chat or knowledgebase, but there is a forum where users can ask questions. Things don’t get much clearer in the forum, though. There are two categories: “active topics” and “unanswered topics.”

The FAQ section has nothing to do with the cryptostorm VPN, but refers to the forum itself. Among other things, you can find questions like “how do I publish a post?” and other forum-related topics there. One could assume that someone using such a deep-tech VPN voluntarily — there are enough alternatives — would know how to deal with a forum.

The customer support is hard to find. On the website, you can see the following icons under “contact,” which don’t help much.

We asked support if we need to verify a token before using it and what the token hasher is.

We didn’t understand what the answer was, but we have to point out that the reaction time of 30 minutes is good. That said, a salutation and being polite would be nice.

To sum it up, we found ourselves often on GitHub, trying to look for the answer to our question because whatever it is that cryptostorm offers you, it can hardly be called “customer support.”

The Verdict

When you visit cryptostorm’s website, you are first confronted with a tidal wave of buzzwords, such as “token-based,” “open source,” “non-compromised,” “bare metal servers” and “screamin’ fast,“ which helps develop a certain skepticism toward the vendor.

Poor design, an unmanageable website and a bunch of technical terms with which a normal person can’t deal lead to even more skepticism.

That has nothing to do with being a geek. Rather, it’s a weak excuse to blame design errors on the branding. For many users, cryptostorm may look like a half-heartedly programmed beta version of a VPN that a student made while working on a project.

Those who dig deeper will not be disappointed, though. Cryptostorm dominates in one area in particular: data protection and security. The service is just right for people who don’t care about the “frills” around their VPNs, but who primarily attach importance to online safety.

That’s a small portion of users, though, so we recommend reading our other VPN reviews to find a more well-rounded service.

Have you used cryptostorm before? How did you like it? Let us know in the comments and thanks for reading.

cryptostorm Review

Good security, but only for hardcore techies.

3 thoughts on “cryptostorm”

I would like to disagree with part of your evaluation – Customer Service. I can’t recall how I first came across cryptostorm.is but I was not dissuaded by it nerdy tag-line “The OpenVPN service provider for the truly paranoid” – in fact it greatly appealed to me. Then once I discovered the Free Service I was quite impressed. I took for a spin and it was fine so I signed up for a 1mth “test” as I am using a competing service that will not run out until Oct 31.

For some reason the nearby server was acting up preventing me from logging-in so I emailed Customer Support and I got a very pleasant email, apology, explanation and resolution by the next morning.

I am really impressed with CryptoStorm – especially their onion services, in-depth and comprehensive “white papers”/blog posts on key VPN and Security Issues + alot of other unique services.

Yes – I will be signing up for a 1yr sub very soon and I highly recommend that others set-aside fears about it seeming “user un-friendly” and consider that this kind of honest disclosure is what we need from more VPN’s.

Also I’d like to disagree with you. On a side note your site looks independent not just an affiliate site so thank you for that. I’ve been using Cryptostorm for 3 years now without any issues. They do have an IRC channel where I got some help at the beginning. It is true that the setup is slightly more complex but I’m a techie so that’s not a problem. In terms of speed, I use it primarily for streaming in 2 locations in Europe. Both allows me to watch my favourite channels without any glitches and the BitTorrent speed is also good. On the other hand Netflix does not work but I have not really insisted with it. Lastly, they are using a new protocol called Vanguard (from memory) which I use on my laptop and keep OpenVPN for the iPad. The fact that they use multiple protocols provides greater flexibility depending on the device you use.

Thank you for sharing your opinion and your kind words. However, I do want to point out that we do make our money off of affiliate commissions, we just don’t let it influence us. It’s a tough line to tread, but we manage.

Bitcoin Trader Review

Considering the volatile nature of the cryptocurrency market, it is understandable that many people are skeptical about using Bitcoin Trader. However, we might be losing out on a great opportunity to make much money by entertaining doubts.

Thankfully, my team and I had some free time, and we decided to extensively examine the Bitcoin Trader to achieve what should become the final verdict the public needs to know- if the cryptocurrency trading platform can be trusted. In this review, we have documented our findings, which I am sure will make every reader and potential investor very happy. Let’s start with an overview of the Bitcoin Trader to enlighten readers who didn’t know about it before.

Conclusion: We have tested the platform and believe it is 100% legit!

Robot Rating Properties Trade
The best choice ☑ Bitcoin Trader is NOT a scam
☑ High Profit Ratio
☑ Easy & Fast Withdrawals
☑ Works also via App
Trade Now

What is the Bitcoin Trader?

The Bitcoin Trader was designed to function as a tool that can be used by traders to buy and sell Bitcoins with minimal effort and the promise of making a significant profit. It was invented in 2020 by Gary Roberts and has been used by many traders to grow their passive income significantly.

One of our objectives during this review of the Bitcoin Trader was to test the advertised features of the Bitcoin that sound very attractive such as the fast processing for transactions that can give traders leverage in the market. The Bitcoin Trader can be used to perform trades significantly quicker than similar platforms online.

It is a great idea to develop robots that can help cryptocurrency traders cope with the ever-changing market. Think about how difficult it is to handle hundreds of transactions in a few minutes. Thanks to the trading robots such as Bitcoin Trader, it is possible to trade faster and earn more. The importance of these trading robots is one of the reasons we are interested in discovering the true nature of the Bitcoin Trader and revealing our findings publicly.

The first thing we observed about Bitcoin Trader is its automated trading features which have been tested and proven to be effective. Leveraging the automated trading features, users can earn as high as $1,300 a day with the minimum deposit of $250 required to start trading.

Sounds great right? Wait till you read more about our findings, it seems cryptocurrency traders are set for better times ahead using platforms like Bitcoin Trader.

Is Bitcoin Trader Legit? Yes

Questions about the legitimacy of Bitcoin Trader topped the list of inquiries from traders interested in maximizing their earning potentials. So it was the first aspect my team, and I sought to examine. It turns out that Bitcoin Trader is 100% legitimate and suitable for new and experienced traders.

After verifying the authenticity of the Bitcoin Trader, we checked the internet to view feedback from current and past users. My team and I felt it was best to know what the public is saying about the Bitcoin Trader so we can identify specific areas to examine during our tests. We found conflicting remarks online about the Bitcoin Trader. Some users wrote that it is the best and most trustworthy trading platform they had used, while others indicated they experienced some frustrations and had to discontinue using the platform.

This discovery was not surprising; after all, everyone cannot be pleased with a product. So we identified the areas of concern indicated by the unsatisfied users as a guide for our review of the Bitcoin Trader.

Is Bitcoin Trader Scam or Not: The Verdict!

Here’s a summary of our findings that made our team confidently vote against all indications that Bitcoin Trader is a scam;

  1. We discovered that users could potentially enjoy positive returns as high as 88% by leveraging the trading signals on the platform.
  2. The trading platform is responsive and has commendable usability. Traders who have read and understood how automated trading for cryptocurrencies work stands to be among the top gainers with Bitcoin Trader.
  3. The minimal deposit of $250 is a strong indication that the developers of Bitcoin Trader are interested in helping users make careful decisions considering the volatile nature of the cryptocurrency market.
  4. The App for Bitcoin Trader can be downloaded in seconds, and registration only takes a few minutes, check it out by clicking this link.

What is the Bitcoin Trader?

The Bitcoin Trader is best described as an automated cryptocurrency trading platform that functions with intelligent robots backed by sophisticated Artificial Intelligence. While that sounds complicated, we found out that using the Bitcoin Trader is really simple. The software can be classified in the ranks of other popular cryptocurrency trading platforms such as the Bitcoin Code and Cryptosoft.

The Bitcoin Trader offers new and experienced traders a chance to increase their passive income by investing a low as $250 to get started. The intelligent robots that work with this system are programmed to detect favorable Bitcoin prices at which users can buy or sell to make a profit.

Our extensive study of the Bitcoin Trader for this review helped us understand the automated trading system, which can lower the time needed to make the best trading decisions. Regarding cryptocurrency, time is money, and fast decisions are essential to make the most profits. This is why automated trading systems are more effective than relying on manual trading processes. No wonder the Bitcoin Trader is very popular. We are confident the effort put into doing this review will help more traders decide and start earning more with the Bitcoin Trader.

How it works

The process is quite easy to understand. We have carefully studied the Bitcoin Trader, and how it works so, you can trust this review for accurate information. First, new users will be required to register an account. After this stage, they can deposit funds and activate the auto trading feature to start working for them. Sound easy right? We were happy about the straight forward process, and sure many users won’t have problems creating an account. In our case, we set up our account and ready to start earning in a few minutes.

The information we were required to provide are as follows, full names, contact information- we entered a phone number, and an active email address which was verified. The steps for registration have been described below

Robot Rating Properties Trade
The best choice ☑ Bitcoin Trader is NOT a scam
☑ High Profit Ratio
☑ Easy & Fast Withdrawals
☑ Works also via App
Trade Now

Creating a Bitcoin Trader account

Step 1: Registration

Registration is done on the official BitcoinTrader website. There a registration form is provided which we completed before proceeding. There were no charges at any of the registration stages, unlike some other software we had tested.

After entering the required information – full name and contact information, we proceeded to the next registration stage, password creation. We entered a secure password of six characters according to the mandatory requirement. It is also stated that the password must be alphanumeric or the process cannot continue. Done with this step, we selected our country and entered a valid phone number. At this stage, the ‘Register Now’ tab was highlighted to continue the process. Averagely, this whole process should take less than two minutes.

Step 2: Making a Deposit

We chose to proceed by selecting the minimum deposit of $250. A deposit must be made before any user can activate the live trading feature. It is best if new users start with the minimum deposit of $250 and have the first experience before making higher deposits.

Making a deposit was easy because multiple payment options are available on the website. We saw that deposits could be made using MasterCard, Visa, or Maestro. To confirm the authenticity of a card, the user will be required to enter the expiry date and security code on the card. Before we entered this information, one of the experts in my team double checked the security in place for online safety. Thankfully, we found out that all transactions are protected with SSL. Satisfied with the security on the website, we proceeded to enter our payment information.

Step 3: Demo trading

Before starting the automated trading feature for live trade, we were prompted to tests the demo. The demo mode is a replica of the real trading process but without the use of real money. We tried it, and the demo mode was fantastic. We were able to view how live trades are done and how effective the system is, good enough, we made some money on the demo trade. Though earnings on the demo mode are not redeemable, we were confident in making real profits from our deposit of $250.

Step 4: Trading Process

It was interesting to find out that other cryptocurrencies were available for live trade. We were happy at this discovery because the existence of other cryptocurrency means traders can gain more from matching different currency pairs such as BTC/USD, XRP/EUR, or BTC/EUR and other combinations.

Before live trading starts, we were prompted to set trading limits for safety and select the currency pairs of our choice. This is where our knowledge of cryptocurrency trading was helpful. The initial settings will apply every day of trading, except it is changed before live trading starts.

In our case, we had some useful knowledge about cryptocurrency trading, so we were confident in deciding to activate the live trading feature. However, we advise everyone to use the demo mode first and start with little amounts to avoid loss. Trading limits can be slowly increased as the user learns more about the system.

We made impressive profits with our initial deposit and were able to withdraw our earnings without any problems. The transaction was fast and smooth, a plus for the Bitcoin Trader in our assessment.

Important Features of the Bitcoin Trader

Payout system

Let’s talk about our findings on the payout first since it is an area many people will be interested in. The platform is designed to help every trader earn as high as $1,300 every day. While this figure may only be achievable by experienced traders, from our experience, we are confident that new users with the minimum deposit can make impressive profits daily, just like we did. Over time, and with more experience, earnings will increase.

Verification Process

Verifying personal information is important. The details needed include full name, phone number, and an email address.

Withdrawal and Deposits

To make a deposit, we needed to enter the security code provided by our payment source as an authentication step before our account was debited. After earning a profit on the initial deposit we made, it was time to withdraw earnings and test the system. Thankfully, this was another smooth process. We were able to initiate a withdrawal request, and the transaction was completed in a few hours, unlike other platforms we had tested when our credit did not reflect for a few days.

Charges

We were particular about investigating the fees charged on the Bitcoin Trader platform because many of such services have different hidden charges unknown to users. It is with great pleasure that we found out there are no hidden charges on the Bitcoin Trader. Our initial deposit reflected in the account we created, and no deduction was made. So regarding hidden fees, using Bitcoin Trader is free.

Feedback system

We found some reviews posted by users on the website. They were interesting to read, some users made as much as $100,000 in profits after using the Bitcoin Trader for two months. Others have been able to make consistent profit every day, remarkably increasing their passive income.

Customer Support

We also tested the customer support system on Bitcoin Trader website, and it was a good experience. We saw options such as live chat, email, or phone numbers to contact a member of the customer support team. Using the live chat feature, we got a quick response, and the staff knew much about the system to provide the information we needed.

Brokers

The system is affiliated with online stockbrokers who support the different investments made by users. After making a deposit, our account was linked to an online stockbroker registered and vetted by the system.

Robot Rating Properties Trade
The best choice ☑ Bitcoin Trader is NOT a scam
☑ High Profit Ratio
☑ Easy & Fast Withdrawals
☑ Works also via App
Trade Now

Bitcoin Trader Versus other Robots

Bitcoin Trader Other Bitcoin trading platforms
The registration process can be completed in less than two minutes. Requirements such as Identity cards and questionnaires make the registration process long and quite frustrating.
Multiple payment options it is convenient to make deposits using any preferred option. To make deposits users need to meet a long list of requirements such as presenting bank statements, and providing proof of income sources, in some cases, the banks will need to be contacted, and this takes time.
Customisable settings for trading to reduce risks. Fully automated trading systems that place all the users’ funds at risk if one mistake is made.
Many users have posted real reviews, it is an indication a majority of the users are satisfied with the system. The common reviews for the other trading platforms depict disappointment and doubts about long-term benefits.
Fast withdrawal processing usually completed in 24-hours. Withdrawal processes can take as long as ten days to complete.

Why should you trade with Bitcoin Trader?

During our review of the Bitcoin Trader, we made it a point to identify some unique points that can be presented as reasons more people should create Bitcoin Trader accounts and start trading.

  • User-friendly features- from our experience with this platform, we can affirm that many of the active features on Bitcoin Trader are user-friendly. The quick registration process, making a deposit, activating the live trading feature and withdrawals can be done without expert knowledge of cryptocurrency trading.
  • Reliable customer support- The customer support system is accessible 24/7. This is a great feature because the traders who use Bitcoin Trader are from different parts of the world where they have varying time zones. It is essential that customer support is always available when needed. And we can state that the team has all the resources to help users, from our experience and interaction with customer support staff.
  • Demo trading feature- it is very considerate that the developers have added the demo trading feature on the Bitcoin Trader. We tried the demo trade, and it was a fantastic experience, it gives you a clear idea of how trading is done on the platform before you start using real money for trading.
  • Fast processing- Automated cryptocurrency trading requires fast processing because of the rapid changes in the market. Once an opportunity arises, the system must take advantage and help users earn more. We are satisfied with the processing time on Bitcoin Trader. From our assessment, the processing time is about 0.1 seconds faster than other trading platforms.

How much money can be made with Bitcoin Trader?

Honestly, all traders on the platform can make much money every day. It is that profitable, and we are happy the system passes our tests for reliability and integrity. However, the risks in the cryptocurrency market must be considered when making an investment. It is best to start with the minimum deposit and set proper limits as a new trader. Over time and with experience, you can deposit more funds to increase your earnings. We have compiled essential tips to help all users earn more on Bitcoin Trader;

  1. Invest wisely- We started with the minimum deposit for our assessment project. The minimum deposit on Bitcoin Trader is $250. Thankfully, we earned a profit on this deposit. We have retained our account for more trading. So it is essential that you start small and grow your investment.
  2. Withdraw earnings- It is a great idea to withdraw your earnings. The capital, initial investment, can be left in the system for more trading, as we will do, with this approach, the earnings can be saved and used for other things while the initial capital keeps making a profit.
  3. Keep learning about cryptocurrency trading- there is so much information on the internet for free. You can get the latest information and strategies to increase your earnings. For example, getting more information about matching currencies will help you make better decisions and more profit.
  4. Don’t invest all your savings at once- considering the risks in cryptocurrency trading due to the volatile nature of the market; it is best if you invest only your disposable income. This approach will help lower the risks without stopping your earning capacity.
Robot Rating Properties Trade
The best choice ☑ Bitcoin Trader is NOT a scam
☑ High Profit Ratio
☑ Easy & Fast Withdrawals
☑ Works also via App
Trade Now

We have seen some remarks and information online claiming the Bitcoin Trader has been featured in some top TV shows. This information lacked vital details to ascertain if it is true. So we decided to investigate and publish our findings in this review.

Dragon’s Den

Dragons Den is a popular TV show about investment and aspiring entrepreneurs looking for wealthy investors. It is the type of show that can be affiliated with the Bitcoin Trader, but we did not get any confirmation that such affiliation has happened. One of the hosts on the show, Naomi Simpson has called for all reports linking the TV show with automated trading platforms to be reported as false. So disregard any claims you see online.

Shark Tank

Another TV show Shark Tank, similar to the Dragons Den, has also been linked with Bitcoin Trader. However, this is the work of lazy marketers who are trying to convince the public to buy their cryptocurrency trading software because similar systems are endorsed by popular TV shows. Our findings also revealed that Bitcoin Trader is not affiliated with the Shark Tank in any way, at least not yet.

Have any celebrities endorsed the Bitcoin Trader?

The best way to drive traffic to a website is by convincing a celebrity to endorse the brand. It works like magic, so we are not surprised many false claims are online about celebrity endorsements of the Bitcoin Trader. We checked the sources and followed up each claim in the following cases;

Peter Jones

Peter Jones is one of the sponsors of the TV show Dragons Den. His name has been linked to the Bitcoin Trader, with claims that he has 20% shares in the company. We checked this information and found out it is not true. While many investors will jump at the opportunity to own shares in the Bitcoin Trader brand, Peter Jones has not secured any of such deals.

Elon Musk

Elon Musk is known as a savvy entrepreneur with many achievements. We are not surprised that Elon Musk is one of the targets of fake news carriers claiming he has stakes in the Bitcoin Trader. However, he has dispelled all rumors affirming that he has no investment interests in Bitcoin Trader according to an official report.

Gordon Ramsay

Gordon Ramsay is rich and a celebrity chef. With all his investments and endorsements, we know Gordon has enough funds to invest in start-ups and other companies. His name has been linked to the Bitcoin Trader as one of the stakeholders. We checked this information, and again, it turned out to be false, the work of people trying to capture a part of the celebrities’ huge fan base to invest in their trading software.

Bitcoin Trader has been used for many of these fraudulent claims because it is one of the best trading platforms now and has many active users. However, these claims are being flagged as fraudulent by the company to inform its users and potential account holders to avoid any misconception about its stakeholders or investors.

After our extensive checks, tests, and personal experiences using the different features of the Bitcoin Trader, we can affirm the platform is authentic, and all users stand to gain remarkable profit by leveraging the automated trading features.

Does Bitcoin Trader have a mobile app?

Since we could not find a mobile app for Bitcoin Trader on the two most popular app stores for iOS and Android devices, we can say there is no mobile app for the Bitcoin Trader at the moment. Trading can only be done with a computer or other mobile devices, via the website. To get started, every user will need to create an account and make the deposit on the secure website.

Our Conclusion

We had a productive time learning about the Bitcoin Trader and its different features. We also enjoyed trying the features to know if they really work. The outcome of this assessment leads us to confirm that the Bitcoin Trader is 100% legit and can help new and experienced traders significantly increase their earnings from cryptocurrency trading. You can trust Bitcoin Trader. Our experience using the live trading feature indicates that users can earn between $200 and $1,000 every week. The system is designed with user-friendly features that everyone can use without having expert knowledge. We recommend all users to start with the lowest possible deposit $250, earn and reinvest the capital, in a short time, the money will add up to a significant amount as earnings.

Robot Rating Properties Trade
The best choice ☑ Bitcoin Trader is NOT a scam
☑ High Profit Ratio
☑ Easy & Fast Withdrawals
☑ Works also via App
Trade Now

FAQs

  • What is the Bitcoin Trader?

Bitcoin Trader is an automated cryptocurrency trading platform managed by robots enhanced with artificial intelligence to perform high yielding trades on behalf of the user.

  • How much can be earned by using Bitcoin Trader daily?

Averagely, traders can earn between $200 and $1,000 every day using the Bitcoin Trader. Many traders start with the minimum deposit of $250 and later increase deposits after earning more money.

  • What is the function of a crypto robot?

A crypto robot is part of the automated trading system; they function with high-level artificial intelligence to identify the best prices for Bitcoin and other top cryptocurrency. The speculations generated by crypto robots help traders buy cryptocurrencies at a low rate and sell higher to make a profit when the market price appreciates.

  • What is the highest value in earnings a trader has made using the Bitcoin Trader?

The earning potential of every user on the Bitcoin Trader platform is limitless. So far, we have recorded traders who made their first million in about sixty days.

  • Are funds deposited by traders secure?

Yes, the owners of the Bitcoin Trader have ensured that all funds deposited are secure. However, the known risks associated with the cryptocurrency market apply when live trades are done on the platform.

  • How much is required to create an account and start trading?

It is free to create an account on Bitcoin Trader. There are also no hidden fees or charges. The developers have ensured the system is transparent and all funds available in your account can be withdrawn when needed.

  • Is it necessary to have a wallet for cryptos to start trading on Bitcoin Trader?

No, a wallet is not needed to store cryptos because all Bitcoin values are converted to cash in your local currency at the time of withdrawal.

  • What other Bitcoin trading platforms exist in the market?

While we encourage everyone to leverage the fantastic features of the Bitcoin Trader, alternatives such as the Bitcoin Code exist.

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