Automated Crypto System: Scam or legit trading robot?

Automated Crypto System: Scam or legit trading robot?
4.5 (89.09%) 22 votes

With the robust growth in computer-driven trading, crypto robots have become highly popular in recent days. These robots enable investors to generate thousands of dollars in profits per day from crypto trading. However, not all crypto robots are legit. The majority are scams aimed at stealing deposits from investors. Automated Crypto System is a scam platform that tricks investors into signing up with sham brokers.   

InsideBitcoins conducts a thorough investigation to determine the legitimacy of trading robots. Our reviews are based on feedback from hands-on tests and also an in-depth analysis of online reviews by individual users. We take into consideration factors such as transparency, consistency, reputability, and customer service when determining legit robots. Keep reading to learn more about Automated Crypto System or read our review of top crypto trading robots for 2019.

Is Automated Crypto System a scam? Yes!

InsideBitcoins tests reveal that Automated Crypto System is a big scam. There are many complaints about people losing money with this robot. Most of the reviewers point out that it takes a few minutes of live trading for the deposit to be wiped out. We have determined that just like most scam trading robots, Automated Crypto System is configured to make losses.

Another big red flag is that they do not allow traders to withdraw back their capital. Once you make a deposit, the scammers behind the platform disappear. There is nowhere to raise complaints since the brokers behind the platform are not regulated.

InsideBitcoins tests find the Automated Crypto System to lack transparency. This is not unexpected in scam trading robots. They do not disclose any information about their founders or the logic behind their trading technology. Also, they won’t reveal their partner brokers to you until you make a deposit. This is because their partner brokers are well-known scammers.

  • InsideBitcoins gives this trading robot a legitimacy score of 9% – Top trading robots score above 80%.
  • Automated Crypto System have a transparency score of below 10% – Legit trading robots must score above 80%
  • There are many complaints about this platform disappearing with users’ deposits.
  • There is a zero likelihood of making any profits with this robot – From our tests, it appears that this trading robot is set to make losses.
  • Keep reading to learn more about this robot or read our Bitcoin Code review for a legit trading robot.

What is Automated Crypto System?

Automated Crypto System claims to be a crypto robot that leverages on a sophisticated computer algorithm to scan the markets and make trading decisions. This robot allegedly provides crypto, Forex, and CFDs trading. InsideBitcoins investigation reveals that Automated Crypto System is a scam. The platform is nothing but a front end aimed at tricking investors into signing up with scam brokers.

A legit trading robot should not only reveal general information about their technology but must also demonstrate its applicability. Automated Crypto System only provides signup and an unresponsive web-trading page. Our tests show that the primary goal of this platform is to steal deposits from unsuspecting users.

How does Automated Crypto System work?

On top of analyzing market data for tradable insights, this platform also claims to source and provide signals to traders. InsideBitcoins investigation can confirm that these are lies. The Automated Crypto System appears to be rigged to always act in favor of the scammers behind it. The only way they make money is by stealing your deposits.

Also, we find many clues on their website that suggests they do not understand what they claim to offer. They appear to confuse the concept of data-driven algorithmic trading with social copy trading. While algorithmic trading involves computer robots analyzing big data for tradable insights, social copy trading consists of copying trades from successful traders and implementing them in the user account.

Also, they use the term investment and trading interchangeably. The two are entirely different, with the latter referring to an approach for long term gains.  Automated Crypto System is a trading robot and not an investment platform.

Read our review of Cryptosoft if you are looking for a trading robot that offers both algorithmic and social copy trading.

Why you should not signup with Automated Crypto System

Automated Crypto System is a scam platform used by sham offshore brokers to solicit deposits from unsuspecting investors. Here are the top reasons as to why you should avoid this platform.

Unsafe registration

InsideBitcoins investigation has determined that the registration process with Automated Crypto System is unsafe. Our study reveals that this platform does not have proper personal data protection policies. Also, they appear to share users’ data with third parties. Most people who have tried Automated Crypto System report receiving endless unsolicited offers from scam brokers.

Zero profits/No money back guarantee

Our tests reveal that Automated Crypto System is configured to make losses. As mentioned previously, most people who have tried this trading robot report making consistent losses. It takes less than an hour for a deposit of $250 to get wiped out when trading with this robot.

Furthermore, users cannot withdraw their money back if they opt out of trading before live trading. This is because Automated Crypto System is a scam operating in partnership with sham brokers.

No Demo account

Automated Crypto System does not provide any demo trading. This is not unexpected given that this platform is just but a webpage that connects unsuspecting users to scam brokers.

No Live Trading technology

InsideBitcoins tests reveal that Automated Crypto System does not have any proprietary technology. Their platform appears to have been configured to make losses. You won’t make any profits trading with this robot.

Automated Crypto System: Key Features

Lies about payments

Lies about payouts

Automated Crypto System claims that investors can make $2000 per day profits from an investment of as little as $250. InsideBitcoins investigation reveals that this robot is a scam. You stand no chance of making any money using this platform.

Unsafe registration and trading

Unsafe registration and trading

Our investigation reveals that Automated Crypto System shares users’ data with third parties. They also store billing information which means that users’ banking details can be stolen in the event of a cyber attack. Most scam trading robots do not pay attention to users’ data privacy.

No withdrawals

No withdrawals

Automated Crypto System does not allow users to withdraw their money. Once you deposit with this platform, consider it as lost. Their primary goal is to trick people into depositing with them after which they go missing in action.

Poor Customer Service

Poor Customer Sentiment

The majority of people who have tried this trading platform report losing money. InsideBitcoins investigation reveals that this platform works in collaboration with scam brokers to defraud unsuspecting users.

Unregulated Brokers

Unregulated brokers

We can confirm that all the brokers in partnership with Automated Crypto System are scammers. These brokers are untraceable. Once they disappear with your money, there is nothing that can be done to recover it.

Recommended Robots

InsideBitcoins investigation takes into account factors such as transparency, consistency, reputability and customer service when determining a legit trading robot. Our reviews are based on hands-on experience and also an in-depth analysis of online reviews by individual users.

We do an aggregate of all these factors to determine a legitimacy score. Top trading robots must have a legitimacy score of 80% and above. Here are some of the top crypto trading robots in 2019.

Bitcoin Loophole

Bitcoin Loophole robot is an app that guarantees investors a daily profit of $1500 from an investment as little as $250. We have tested this robot and can confirm that it is highly legit. Bitcoin Loophole applies high-frequency trading strategies to maximize profitability in every trading opportunity that presents.

  • Robot
  • Rating
  • Properties
  • Trade
1
 
The best choice
  • 88% Win Rate - Not a Scam
  • $/£ 250 Min Deposit
  • Accepts Credit and Debit Card

Bitcoin Trader

Bitcoin Trader app is another top trading robot worth a try. Our test reveals that you can make an average of $1300 per day in profits from an investment of $250. Bitcoin Trader strategies include social copy trading and high-frequency trading.

  • Robot
  • Rating
  • Properties
  • Trade
1
 
The best choice
  • 88% Win Rate - Not a Scam
  • $250 Min Deposit
  • Accepts Credit Card and Sofort

How to recognize a legit trading robot

The robots recommended above have one thing in common - they are transparent and have a proven track record. Scam trading robots such as Automated Crypto System often lie about critical details such as the founders and the logic behind their trading technologies. Here are the top characteristics of legit trading robots.

  • Transparency – A legit trading robot should disclose all the details needed to inform users’ choice. Scam trading robots are known to lie about almost anything.
  • Consistency – A legit trading robot should show consistency in profits. In other words, users should have an idea of what to expect from the robot right from the start.
  • Reputability – A reputable trading robot has many positive reviews. Scam trading robots are likely to have much negative online feedback. Trading robots with a few online reviews are also highly suspicious and should be avoided. We recommend that you only go for trading bots with considerable reviews.
  • Customer service – A legit trading robot should have excellent customer services. Never signup with a trading robot that has many complaints on customer services.

Is Automated Crypto System Legit? The Verdict!

InsideBitcoins investigation finds Automated Crypto System to be a big scam. You are likely to lose money if you deposit it with them. This platform lies about almost everything including its founder and trading technology. We have also determined that they do not respond to clients inquiries especially after making the deposit.

Additionally, Automated Crypto System works in cahoots with scam brokers the majority of whom have been flagged for fraud. These brokers are responsible for handling deposits and pay a commission to the scammers behind the robot every time a deposit is made through the platform.

We recommend that you stay away from it and instead try the alternative robots presented in this review. As mentioned previously, InsideBitcoins carries out in-depth research to determine legit trading bots. All the robots in our top list are legit.

FAQ

Is Automated Crypto System Legit?

No! InsideBitcoins investigation reveals that Automated Crypto System is a big scam. This platform is nothing but a bridge to depositing money with sham brokers.

Is Automated Crypto System a pyramid scheme?

This platform is worse than a pyramid scheme. Their primary goal is to have your deposit after which they go MIA. We recommend that you stay away from this platform.

How much should I deposit with Automated Crypto System?

This platform is a scam, and you should not deposit any money with them. Automated Crypto System asks for a minimum of $250, but they will encourage you to deposit more to magnify your earnings. Once you make a deposit, their live trading app kicks in, wiping your account in minutes.

Can I withdraw my money from Automated Crypto System?

InsideBitcoins investigation reveals that Automated Crypto System does not allow capital withdrawals. You won’t make any money with this platform, and you won’t even be able to withdraw your capital back after depositing.

Can I make Money with Automated Crypto System?

No! This platform is a big scam, and we recommend that you stay away from it. Our tests show that you will lose your money if you deposit it with them. Automated Crypto System makes consistent losses

Is Automated Crypto System safe?

No! InsideBitcoins investigation reveals that this platform exposes users’ data to hackers. They appear to share this data with third parties hence the many unsolicited calls.

 

19 thoughts on “Automated Crypto System: Scam or legit trading robot?

  1. im okay with very small gains. I can invest in this robot even if I get a 10% profit in a month. do you think i can get that?

    1. Hello Paulo, you don’t understand. Automated Crypto System is simply not built to make proper trades. Its sole purpose is to make people invest a large amount of money so that the robot could transfer it to another account and show false information on your account. You cannot earn any profit by investing money in this crypto bot.

    1. Hello Jake, we would highly recommend you to not invest in this crypto bot. Automated Crypto System is a total scam and you will lose your money soon after investing in it. If you don’t know about other robots to invest in, we would recommend you to try Crypto Revolt and Ethereum Code.

  2. ive lost over $2,000 on this robot. if only someone could have told me about your website earlier 🙁 anyways. I have a few couple hundred dollars left, is there a robot that accepts small deposits?

    1. Hello Adams, we are extremely sorry to hear that you’ve lost so much money in Automated Crypto System. This robot is among the worst scams we have come across and would not recommend anyone to use it. Most of the legit and secure robot you will come across accept a very small minimum deposit of $250, so, you don’t have to worry about minimum investment. We would recommend you to try Cryptosoft and Ethereum Code.

    1. Hello Crangler, a lot of mathematical and analytical expertise is required to determine whether a robot is legit or not. This is why we have hired experts who analyze each crypto bot and test it so that you don’t have to risk your money. You can refer to this detailed guide whenever you want to check if a robot is a scam or not.

  3. this robot clearly sounds very fishy. I dont know why people fall for it. there are a tons of other robots that are legit and safe. I have experienced with Crypto Revolt. its awesome. are tehre any other legit ones you know of?

  4. I have A LOT of money but no experience, tell me about a robot that goes easy on complete beginners like me. this one is obviously a scam, we know that thanks to your detailed breakdown

    1. Hello Andy, you don’t have to spend a lot of money to get a decent profit if you are using the right crypto robot. We would recommend you to use Bitcoin Revolution and Bitcoin Formula. Both of them are legit and secure and are specially designed for inexperienced investors. Start by a small investment of $250 so that you can learn the basics of trading without involving any heavy risks.

  5. why cant i retrieve my money from it?? i know it is a scam and iw ant my investment back, but the interface doesnt give me an option like that. what am I doing wrong? help!

    1. Hello Itsmcadams, we are sorry to inform you but retrieving your money from your Automated Crypto System account is probably not possible at this point. We would recommend you to stop wasting any more time and invest in a legit and secure crypto bot like Bitcoin Formula right away.

  6. nope, not going to even deposit a single penny to this robot again please tell me about a decent and lucrative crypto bot that is not a scam?

    1. Hello Romrom, we are happy to hear that you hadn’t invested any money on Automated Crypto System. As for your question, yes, there is a number of crypto bots out there that are not only legit but also very lucrative. Try Cryptosoft or Bitcoin Trader.

    1. Hello Pingmeup, we are sorry to inform you that you will not earn anything on Automated Crypto System. The crypto bot is an absolute scam and has zero functionality. You would be better off if you used legit robots like Bitcoin Profit and Ethereum Code.

Leave a Reply

Your email address will not be published. Required fields are marked *