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1G Profit System Review – Genuine Trading Platform?

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

The 1G Profit System represents itself as a cryptocurrency trading platform that aims to simplify the investment process, enabling users to concentrate on crucial aspects. It asserts that by condensing numerous charts and technical indicators, it offers a comprehensive analysis from multiple dimensions.

However, the legitimacy of the platform’s offerings remains a pressing question. In our comprehensive evaluation of the 1G Profit System, we strive to address this common inquiry.

1G Profit System Review 2024 – Overview

  • Product Type – Cryptocurrency, commodities and other financial assets trading platform
  • Country restrictions – None
  • Winrate – Unknown
  • Made our Best Bitcoin Robots List? – No

Visit 1G Profit System

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

What Is The 1G Profit System Platform?

1G Profit System presents itself as a versatile software tool for trading diverse financial assets, commodities, and cryptocurrencies. Its primary claim is to simplify trading by delivering information in a user-friendly and easily comprehensible format. The platform’s official website emphasizes that the major hindrance to trading is the time-consuming nature of conducting thorough market research in order to develop effective trading strategies.

According to the 1G Profit website, this issue is resolved through their holistic approach, which offers a comprehensive analysis of the market from multiple dimensions. Instead of relying on numerous technical indicators and investing significant time and effort into charting tools, users can make investment decisions using just one parameter, streamlining the process significantly.

The trading platform asserts that its approach is advantageous for traders of all types, promising the potential for substantial profits. However, there is a lack of historical data available to substantiate these claims. Furthermore, the website’s advertising copy fails to provide clear information about the technical tools provided to users. Many reviewers have mistakenly equated the 1G Profit System with a conventional cryptocurrency trading bot, and no mention of an autonomous trading system was found.

1G Profit System

Source – 1G Profit System Website

While the 1G Profit System acknowledges its availability for crypto trading, it also mentions the inclusion of commodities and asset trading. However, it does not provide detailed information regarding the specific nature of these assets and commodities. While silver, gold, coffee, and crops were briefly mentioned in relation to commodities, no explicit details were provided.

The platform also claims to offer a demo account to assist traders in understanding the mechanics before engaging in actual trading. However, this feature, along with various other “utilities” mentioned on the site, requires a minimum deposit of $250 at the current time.

Does 1G Profit System Really Work – Methodology

As per the promotional content of the platform, trading commences once the user completes a mandatory deposit. Allegedly, users can opt for the asset they wish to trade in, and the platform furnishes them with a comprehensive market analysis. Based on this assessment, customers can purportedly express their own viewpoint to the account manager, who then assists them in making investment choices.

The information provided on the site does not depict 1G Profit System as a platform reliant on an algorithm but rather on an account manager. These managers execute trades on behalf of users and subsequently transfer profits to the users’ trading accounts.

In theory, this concept sounds promising, as trading cryptocurrencies is difficult – 90% of traders lose, according to some sources. However, the site is not transparent about the strategies employed to make these determinations.

Furthermore, incorporating a human element into crypto trades implies relinquishing complete control over one’s transactions. While guidance can be advantageous, additional information about the account managers’ qualifications and their level of knowledge regarding user investments would have been helpful.

Thankfully, a customer support team is available to provide assistance. However, access to this support is limited to those who have already established an account. Consequently, individuals new to the site may encounter difficulties in seeking help.

These factors contribute to the enigmatic nature of the 1G Profit System platform. Therefore, we recommend thoroughly testing the platform’s functionalities and carefully evaluating user reviews before deciding to engage in trading activities.

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Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

Is 1G Profit System Genuine or a Scam?

The scarcity of available information regarding 1G Profit System has led to skepticism among some user reviews, categorizing it as a potential scam. The website’s content remains vague and generic, offering limited insights to non-registered users.

The operational mechanics of the platform remain undisclosed. While it is advertised as a “human assisted” trading platform, conflicting reviews mention a fully autonomous system, creating further ambiguity.

Customers’ reviews of the platform vary across multiple websites such as Trust Pilot, Facebook, and Reddit. Some claim to have achieved profits through its usage. However, it is worth noting that various iterations of the 1G Profit System exist, with one particular version claiming an extraordinary 99% win rate. This specific site has been labeled as a scam by certain publications.

Considering these circumstances, we advise approaching 1G Profit System, like any automated trading platform, with caution and only investing an amount that you can afford to lose.

1G Profit System Restricted Countries

During our review we couldn’t ascertain any restricted territories, the 1G Profit System sign up form allowed us to input USA and UK details, as well as other countries.

Crypto trading bot sign up

Source – 1G Profit System Website

Review of 1G Profit System Features

Outlined below are the noteworthy features of 1G Profit System as stated on the website:

24/7 Customer Support

For users who may feel overwhelmed by the platform’s claimed features, round-the-clock customer support is readily accessible. The advertising copy of the platform asserts that the support team remains available at all times to address any client inquiries or concerns.

Demo Trading Account

While not explicitly mentioned on the official website, third-party sources indicate the availability of a demo trading account. This feature purportedly enables users to assess the platform’s effectiveness through simulated trading before engaging in live trading.

Human-Guided Trading

Diverging from autonomous trading mechanisms, 1G Profit System emphasizes the provision of an account manager. The website asserts that these managers are experienced traders who collaborate with clients to interpret the aforementioned market analysis, creating tailored trading strategies.

Streamlined Market Analysis

According to 1G Profit System, it offers a simplified market analysis that consolidates various indicators into a single trading chart, providing users with comprehensive market information for making informed trading decisions. While the specific parameters utilized to create this analytical view are not disclosed on the official website, external sources suggest it combines both technical and non-technical indicators.

Wide Range of Supported Assets

The platform’s trading system is not limited to a singular asset type. Alongside cryptocurrencies, the platform claims to support trading of various assets and commodities. However, the website lacks clarity on this matter, prompting users to consult their account manager for precise details before commencing trading.

Is 1G Profit System Worth The Investment

Below are some advantages and disadvantages of investing with 1G Profit System:

  • Assistance from an account manager is offered, ensuring support during trading.
  • Asset trading and commodities trading are claimed to be supported, expanding investment opportunities.
  • A simplified trading process is emphasized on the website, streamlining the experience.
  • Condensed market analysis is provided, aiding in informed decisions.
  • Multiple cryptocurrencies are supported, allowing for diversified trading options.
  • A demo account is available for practice and familiar
  • The founders of the 1G Profit program are not mentioned.
  • No audited win rate or backtesting information is provided, leaving doubts.
  • Insufficient details are given about the available types of assets and commodities for trading.
  • The website fails to provide clear and specific information.

1G Profit System Cost & Fees

As per the information provided on the 1G Profit System website, the platform adopts a zero-fee policy. No trading fees, withdrawal fees, or deposit fees are mentioned. However, it remains unspecified whether service providers offering fiat payment gateways impose any charges, which is highly probable.

1G Profit System Customer Support

1G Profit System boasts a reliable customer support system. Users have multiple channels to contact the support team, including email, live chat, and telephone. It is worth noting that according to user feedback, the account managers assigned to users also fulfill customer support responsibilities.

Minimum Deposit to Use 1G Profit System

To access any prominent features on 1G Profit System, users are required to make a minimum deposit. Although the website lacks clarity on the deposit fee, several reviews suggest that a deposit of $250 is necessary. However, an FAQ section on the official site mentions a $400 deposit. Considering that a $250 deposit is more commonly associated with trading robot platforms, it is plausible that this is the correct amount.

1G Profit System Website

We noticed the design of the 1G Profit System website often changes, and there appear to be several versions of it online. The links on this page are up to date at the time of writing.

Visit 1G Profit System

Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

Founders of 1G Profit System

Due to the limited information provided on the website, no details were found regarding the individuals running the platform. The founders’ identities, whether they are traders or crypto specialists, remain undisclosed. This lack of information is consistent across various 1G Profit System reviews as well.

While the omission of founder names is not uncommon in the crypto space, it is noteworthy that 1G Profit System also offers commodities trading, which are subject to more regulations compared to cryptocurrencies. Therefore, the absence of founder information may raise a red flag that users should be mindful of.

1G Profit System Deposit Methods

1G Profit System accepts the following payment methods:

  • Debit Card
  • Credit Card
  • E-Wallets
  • Cryptocurrency
  • Bank transfer

Are Celebrity Endorsements of 1G Profit System Genuine

Certain online marketing efforts associate celebrities with 1G Profit System. However, these endorsements are unverified, and no mainstream figures have officially endorsed the platform. Prominent individuals such as Elon Musk, Jeff Bezos, and Martin Lewis have not mentioned any specific crypto trading tools, focusing their comments solely on cryptocurrencies like Dogecoin and Bitcoin.

How to Delete a 1G Profit System Account

The website does not provide information on how to delete your account. Contacting your account manager can help, or you may have the option to disable your account directly through the platform’s account settings.

How to Use 1G Profit System

If you decide to proceed with 1G Profit System, follow these steps:

Step 1 – Account Creation

Visit the 1G Profit System homepage and provide your first name, last name, email, and phone number. Click on the register button to initiate the verification process. Your account will be created within minutes.

Step 2 – Deposit Funds

Deposit the required amount of seed capital to begin investing in assets. Third-party reviews suggest a minimum deposit of $250, which is used for investment purposes rather than being collected as a fee.

Step 3 – Start Trading

If a demo trading account is available, it is recommended to test it before transitioning to live trading. When you are ready to trade, reach out to your account manager.

1G Profit System Review Summary

The 1G Profit System is marketed as a revolutionary trading platform that boasts its ability to streamline market indicators, facilitating swift investment decision-making for its users. With its user-friendly interface and seemingly straightforward registration procedure, the platform’s website exudes simplicity.

Nonetheless, the reception of the 1G Profit System has been polarized, eliciting both positive and negative feedback from its clientele and traders. Detractors label it as a fraudulent scheme, pointing out the scarcity of information as a potential warning sign. Consequently, we strongly advise employing this platform solely if it aligns with your specific requirements, while conducting an early assessment of the cashout process to ensure seamless withdrawals as promised.

Moreover, it is advisable to commence with a minimum deposit and diversify your investments across a range of crypto trading platforms and copytrading platforms, which we list some options for below.

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Cryptocurrencies are unregulated. Trading with unregulated brokers will not qualify for investor protection.

1G Profit System Alternatives

All trading carries risk. To keep a diversified portfolio, we recommend:

Investing Early in New Crypto Presales or ICOs

Here at InsideBitcoins we’ve reviewed several of the latest new tokens sales to launch in 2024. See our list of crypto presales here.

Networking With Professional Traders

To learn to trade, we recommend following reputable pro traders on Twitter and YouTube, and joining Reddit communities and crypto Discord groups, to take advantage of free tutorials and courses as well as one-to-one discussion. Visit our recommended crypto Discord server here.

Automated Copytrading on Crypto Exchanges

Unlike small independent platforms such as 1G Profit System, there are some larger well-established regulated crypto exchanges that do offer automated trading, in the form of copytrading. We recommend eToro.com which is SEC, FCA, ASIC and CySEC compliant, and open to international users in most countries around the world with few restrictions.

It also accepts Paypal and credit cards for deposits, alongside the more conventional method like debit cards and bank transfers. eToro offers a ‘Copy Trader’ tool in which users can pick from a range of professional traders with audited, backtested return on investment (ROI) data spanning the past 12 months.

In addition to eToro, OKX and Bybit have similar automated copytrading features, including grid trading bots.

FAQs

Is 1G Profit System Legit and Safe?

Small crypto trading platforms are often unregulated, which also applies to the 1G Profit System website. We recommend only depositing the bare minimum and testing out a withdrawal early on to ensure everything works as described.

Does Elon Musk endorse 1G Profit System?

The long-time proponent of cryptocurrencies including Bitcoin and Dogecoin has not yet mentioned any particular crypto trading tool he uses, including 1G Profit System. We rate those claims false.