Crypto Advantage: Scam or Legit Trading Robot? Author: joe maurice Last Updated: 17 June 2020 Did know that at least 90% of all self-proclaimed crypto robots are a scam? This means that you need to be extra careful when shopping for a robot. With the best robots generating thousands of dollars in profits per day, the tedious research is worth it. InsideBitcoins makes it easier for you by presenting all facts about trading robots. In this review, we will know if Crypto Advantage is a scam. Our investigation includes a live test and an in-depth analysis of users’ reviews. If you are in the process of signing up with this robot, we suggest that you stop. We have all evidence indicating that Crypto Advantage is a scam. You will end up losing all your deposit if you sign up with this robot. In our live test, we lost a deposit of $250 within thirty minutes. The majority of traders who have tried this bot report losing their capital within the same timeframe. Keep reading or click the “trade now” button in the table below to start trading with a legit robot. Robot Rating Properties Trade 1 Free to use 85% claimed win-rate $/£ 250 Min Deposit Accepts Credit and Debit Card Trade Now All trading carries risk On this Page: Is Crypto Advantage a Scam? Yes! InsideBitcoins gives Crypto Advantage a legitimacy score of 12% – legit trading robots must score above 70% Crypto Advantage has an accuracy score of zero percent – most people who try it make consistent losses This robot lacks transparency – They do not reveal about their founders, legal registration, and pricing mechanism InsideBitcoins investigation reveals that their trading software is not safe – There are complaints that it is full of malware. Crypto Advantage is one of the scam robots out there targeting inexperienced traders. They use emotional marketing to get people with financial difficulties to sign up. Traders who sign up with this scam report receiving spam emails asking them to sign up for free and make $1500 in an hour. Once a trader signs up are automatically redirected to a fake piece of trading software. Here, the scammers siphon their money as the fake platforms report predetermined losses. Moreover, traders must install the software to start trading. This software not only requires enormous computing power and space but is also unsafe. Some users have complained about getting malware in their computers after installing the software. Further investigation reveals that Crypto Advantage lies about its partner brokers. Our research shows that this robot does not have any partner brokers. Those listed do not exist. What this means is that any money deposited through the platform goes straight to the scammer behind the robot. This is typical of most scam robots. Crypto Advantage reports consistent losses and does not allow users to withdraw their money. Read our Bitcoin Robot guide or keep reading to learn more about the Crypto Advantage scam. What is Crypto Advantage? Crypto Advantage alleges to be a trading bot that helps traders’ make $100 per hour trading crypto. InsideBitcoins investigation reveals that these are lies. Crypto Advantage is a scam that relies on deceptive marketing to get new signups. You will lose your entire deposit if you sign up with this platform. We lost a deposit of $250 in less than thirty minutes in our live test. Furthermore, an analysis of users’ reviews reveals that Crypto Advantage makes consistent losses until a trading account goes bankrupt. Even after your account is wiped out, the scammers behind the platform will keep pestering you to add capital. InsideBitcoins has determined that Crypto Advantage shares users’ data with other scammers. You are likely to receive a lot of spam calls and emails after signing up with this bot. We have also determined that this platform does not have any proprietary trading technology. If you have been reading our reviews, you must have realized that this is typical of 99% of scam robots. Crypto Advantage presents a fake piece of software that looks like a real trader. As mentioned earlier, there are complaints that this software is full of malware. Read our review of Bitcoin Rush for a tested and proven trading bot. How does Crypto Advantage work? Crypto Advantage claims to apply top-level trading algorithms to identify and execute trading signals. As mentioned previously, our research reveals that this platform does not have any underlying technology for this purpose. The primary goal of the scammers or scammer behind Crypto Advantage is to trick unsuspecting traders into depositing money. Your deposit goes to these scammers and the affiliates that refer you. We have determined that the unscrupulous affiliates used by Crypto Advantage are paid up to $200 for every deposit made through them. Further investigation reveals that this platform partner brokers do not exist. In algorithmic trading, brokers’ responsibility includes facilitating transactions and handling deposits. Crypto Advantage, therefore, does not engage in any trading. The platform is nothing but a bait used by online fraudsters to steal from people. What is a Crypto Robot? Crypto robots are computer algorithms with a capability of deriving tradable insights from big data. These algorithms carry out all trading functions to include research and trade executions. This means that anyone including complete beginners can use them. Some top trading robots such as Cryptosoft Robot are semi-automated meaning that experienced traders can implement their preferred strategies. Top trading robots report an accuracy level of 90% and above. The best human trader has an accuracy level of below 50%. Robots tend to be more accurate given that they can analyze big data and execute trades within milliseconds. This enables them to capitalize on every trading opportunity that presents. Advanced robots can conduct both technical and fundamental analysis. Some like The News-Spy can accurately analyze market news and make corresponding trades. For instance, if a country like China announces new regulation, these robots can pick the news immediately and place trades. This ensures that users’ make money on every opportunity that presents. Scam platforms such as Crypto Advantage are made to confuse traders into believing that they are trading with real robots. However, they do not possess any proprietary technology in the background. As mentioned earlier, traders who sign up with them end up losing their deposit. Top telltale signs that Crypto Advantage is a scam InsideBitcoins carries out in-depth research to determine legit trading robots. From our investigation, we are 100% convinced that Crypto Advantage is a big scam. We give this robot a legitimacy score of 12%. Our scoring system takes multiple factors into account. These include profitability, transparency, users’ feedback, safety, and customer service. Crypto Advantage scores poorly in each of the abovementioned metrics. Here is why you should stay away from this platform. Predetermined losses InsideBitcoins investigation determines that Crypto Advantage is set to report predetermined losses. Our live test shows that it takes less than thirty minutes to lose a trading account with a deposit of $250. Also, there are a lot of complaints about Crypto Advantage trading software being nothing but bait for deposits. We recommend that you stay away from this platform. Never try a trading bot without a proven track record. All the robots recommended in our reviews go through a rigorous screening process. Unsafe trading platform As mentioned previously, the Crypto Advantage trading software is not secure. There are a lot of complaints about users being targeted by hackers after downloading the platform. Our live test finds it highly likely that the software is infected with Keylogger, a malware that harvests passwords. It is essential that you take extra precaution with any bot that requires you to download trading software. Most scam bots with downloadable software are likely to have malware. Scammers often take the opportunity to make a quick buck by exposing you to hackers. InsideBitcoins has also determined that Crypto Advantage shares users’ data with scam brokers. This explains why traders report receiving a lot of spam emails and calls after signing up. Moreover, our investigation shows that this platform does not have any users’ data protection policy. All data you submit through this platform including your billing details are at risk of a breach. No Withdrawals With Crypto Advantage, you won’t get back your deposit if you opt out before your trading account goes to zero. Some users report being blocked from the platform for demanding to withdraw their trading capital. Crypto Advantage is a scam platform, and therefore there is zero chance that you will make money through it. If you have already deposited money with this bot, there is no way to get back. Crypto Advantage partner brokers are all fake. Fake live trading software InsideBitcoins investigation has determined that the Crypto Advantage trading software is a sham. The software is designed to mimic a real trading bot but does not have any underlying technology. Moreover, it does not connect to any exchange, and there are no brokers involved. As mentioned earlier, all the brokers listed by Crypto Advantage as partners do not exist. There is a high likelihood that the Crypto Advantage scam is a one-person show. Crypto Advantage: Key Features Zero Payouts Zero Payouts Crypto Advantage claims to help traders generate a profit of $100 per hour. However, InsideBitcoins investigation shows that it is a scam. You won’t make any money through this platform. Unsafe Verification Process Unsafe verification process The Crypto Advantage verification process is insecure. Our investigation shows that they share users’ data with third parties. You will receive a lot of spam emails and calls after signing up with this bot. No withdrawals No withdrawals Crypto Advantage will not allow you to withdraw your deposit if you opt out before your trading account goes to zero. The scammers behind the platform make money by stealing deposits. Poor online reputation Poor online reputation Most people who have tried this bot report making consistent losses. There are also a lot of complaints about the unhelpful Crypto Advantage customer service. We suggest that you always carry out due diligence on consumer reviews sites such as TrustPilot before signing up with any robot. Our comprehensive reviews take into account feedback from multiple review sites. Poor Customer Service Poor customer service Crypto Advantage customer service is terrible. Our live test shows that this platform customer service does not respond to inquiries unless they are about how to make a deposit. Poor customer service Fake brokers The brokers listed by Crypto Advantage as their partners do not exist. This means that there is no trading that takes place. Crypto Advantage is a scam platform that steals users deposits. InsideBitcoins recommends that you only trade with a tested and proven trading bot. Read our Bitcoin Trader review for a legit robot that partners with the best brokers. Is Crypto Advantage a legit trading robot? The verdict! InsideBitcoins investigation reveals that Crypto Advantage is a scam. Traders who sign up with this platform end up losing all their deposit. Our live test shows that their trading software is fake. Moreover, there are a lot of complaints that it infects users’ devices with data harvesting malware. This means that Crypto Advantage also sells users’ data to other scammers. If you are looking for a trading robot, we recommend that you take time to do thorough research. Remember that at least 90% of all trading robots are a scam. InsideBitcoins makes the research easier for you through comprehensive and unbiased reviews. We recommend that you try Bitcoin Loophole for a legit robot. Read our Bitcoin Loophole review or click the ‘trade now’ button in the table below to start trading. Remember that all investment opportunities carry a certain risk. This especially applies to cryptocurrencies, which are still relatively young in the financial markets. FAQ Is Crypto Advantage legit? No! Crypto Advantage is a scam, and you should avoid it. InsideBitcoins investigation shows that people who try it end up losing all their capital. This platform also exposes users to hackers. How much should I deposit with Crypto Advantage? Crypto Advantage is a scam. You will lose money if you deposit with them. We recommend that you stay away from this platform and instead try a tested and proven robot. How much can I make with Crypto Advantage? You won’t make any money through this robot. They will steal your deposit and try to solicit more money from you through scam offers. Can I withdraw my money from Crypto Advantage? Crypto Advantage won’t allow you to withdraw your money from their platform. Once you deposit with them, they go missing in action. Their customer service does not respond to inquiries unless they relate to how to make a deposit.