If you have been following crypto robo-trading for long, it is highly likely that you have heard about USI-Tech. This platform is one of the most popular scam bitcoin trading robots. Unlike most scam robots, USI-Tech is hard to detect given that it does pay some traders but on a pyramid scheme model.
In this review, we will have an in-depth look at USI-Tech and why we believe it is a terrible scam. Furthermore, we will look at alternative legit robots and the features that make them worth a try. InsideBitcoins provides comprehensive and unbiased reviews to help you make the right choice when selecting a trading robot. Keep reading or go straight to a tested and proven bot by clicking the trade now button in the table below.
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Is USI-Tech Legit? No!
What is USI-Tech and how does it work?
USI-Tech alleges to be a bitcoin trading robot with profitability of up to 150% per month. However, InsideBitcoins investigation shows that it is a scam. The platform adopts a pyramid scheme model where a portion of new deposits is used to make random payouts. This means that USI-Tech does not participate in any live trading. A closer look reveals that their web-trader is fake.
In general, Bitcoin Trading robots apply complex computer algorithms to scan the markets big data for tradeable insights and execute trades. Furthermore, leading trading robots such as the News-Spy depend on cutting edge technologies in AI and Machine Learning to read and trade news. Simply put, these robots can identify tradable news as they emerge and place corresponding trades. Read our review of the News-Spy to learn more.
It is important to note that with a good trading robot, both approaches to trading are highly profitable. With top trading robots such as Bitcoin Compass, it is possible to generate a daily profit of up to $5k per day. The best trading robots require a minimum deposit of $250.
Why is USI-Tech a Scam?
USI-Tech: Key Features
Pyramid scheme model
USI-Tech follows a pyramid scheme model where new deposits are used to settle random payouts. These random payments are made to create the illusion of a legitimate robot. InsideBitcoins investigation reveals that this platform is no longer making these payments. Consequently, the pyramid scheme is about to collapse and you will your money if you deposit it with the USI-Tech scam.
As mentioned earlier, the live trading platform offered by USI-Tech is nothing but a simple webpage that mimics a real web-trader. This platform appears set to report predetermined results. USI-Tech is a scam robot and therefore does not participate in any live trading.
Terrible Customer Service
USI-Tech provides terrible customer services. They do not respond to most inquiries especially those relating to withdrawals. Furthermore, the only time their customer service is available and friendly is during deposits. Our investigation shows that just like most scammers, USI-Tech blocks users’ who insist on withdrawing their trading capital. Read our Bitcoin Code review for a legit trading robot that allows seamless withdrawals.
This review reveals that USI-Tech partner brokers are all scam. Further investigation shows that they have no regulation. We have also determined that the majority lie about their physical location. Scam robots rely on sham offshore brokers since they cannot be traced in the event that users’ raise disputes with authorities. The scammers behind the robot are mostly affiliates of these types of brokers
Unsafe trading platform
As mentioned earlier, USI-Tech appears to share users’ data with third parties. You are likely to get a lot of unsolicited offers from other scammers if you signup with this platform. Moreover, our investigation reveals that USI-Tech website and trading platform are not encrypted. This means that any hackers can intercept traffic through the website and steal data.
Is USI-Tech a scam? The Verdict!
USI-Tech is a scam and we recommend that you avoid it. This platform is among the most popular scam robots today. Unlike most scam robots, it adopts a pyramid scheme approach where a part of new deposits is used to make random payouts to traders. In the long run, traders end up experiencing huge losses through this platform.
Our investigation shows that the USI-Tech pyramid scheme is about to collapse since it is now clear to most traders that it is a scam. This means that any Bitcoin trader who deposits money with them today will get nothing. The scammers behind USI-Tech appear to be giving up on the platform since it has not been updated for nearly three months now.
Furthermore, USI-Tech partner brokers are all sham. Any deposits made through this platform goes straight to the sham brokers. These brokers have no regulation meaning that there is no way for traders to pursue them when they disappear with deposits. This review concludes that USI-Tech is a scam affiliate platform that tricks traders into registering with scam brokers. The USI-Tech scammers receive a portion of the deposit as a commission every time a trader makes a deposit through the platform.
InsideBitcoins recommends that you only trade with tested and proven robots. Click the trade now button in the table below to start trading with a legit robot. Leave a comment below if you have any question about this or any other trading robot.
Is USI-Tech Legit?
USI-Tech is a scam trading robot that tricks traders into depositing money with scam brokers. This platform adopts a pyramid scheme business model where a small portion of new deposits is used to make random payouts. InsideBitcoins investigation reveals that traders who try this platform end up making huge losses.
How much should I deposit with USI-Tech?
Do not deposit any money with this platform. Our investigation reveals that USI-Tech is a scam. They do not have any proprietary trading technology and they do not participate in live trading. Consequently, those who try this robot end up making consistent losses.
How much can I make with USI-Tech?
USI-Tech is a scam platform that follows a pyramid scheme model. This means that you might make a small profit at the beginning followed by huge losses. USI-Tech is one of the longest surviving scam platforms but is about to collapse given a decline in new deposits. We recommend that you avoid this platform and instead trade with a tested and proven robot.
Can I withdraw my money from USI-Tech?
USI-Tech does not allow users to withdraw their trading capital. Like most scammers, they will provide endless reasons as to why you should wait. Like most scam robots, they are likely to block you if you insist on making a withdrawal. USI-Tech is a big scam and we suggest that you avoid it.