In the last two years, the crypto mania has churned out more millionaires than any other industry. Likewise, multitudes have lost millions to the many crypto scams that have cropped up with promises of making overnight billionaires. One of these scams is BitClub Connect, a self-proclaimed trading bot that claims to help investors make thousands of dollars in profits per day.
InsideBitcoins investigation reveals that Bitclub Connect operates a fake crypto trading robot and a fake crypto mining pool. This review presents evidence that this is a scam robot and makes recommendations for tested and proven robots. Keep reading to learn more or read our review of top picks for the best crypto trading robots in 2019.
Is BitClub Connect a Scam? Yes!
BitClub Connect is a big crypto scam operating both as a crypto trading robot and a mining pool. InsideBitcoins investigations reveal that this platform adopts a pyramid scheme-like model to get new signups. Our analysis of individual users reviews show that most people have lost money using this platform. BitClub Connect main agenda appears to be getting new signups after which it disappears with users’ money. A deep analysis of their trading platform indicates that they do not have a legit underlying trading technology.
InsideBitcoins investigation reveals that there is no way to track the people behind this platform. There is no information about the founders of the platform and the supporting team. BitClub Connect has no known offices and does not provide traceable communication channels to its customer service.
Another big red flag that Bitclub Connect is a scam is that it keeps changing its domain and name. Currently, it operates under two names i.e. BitClub Connect and BitClub Network.
What is BitClub Connect?
BitClub Connect is a scam crypto trading robot and a crypto mining pool. The platform allegedly uses big data to study crypto markets and make trading decisions. When it comes to crypto mining, this platform solicits deposits from unsuspecting investors in the name of helping them get rich from crypto mining.
InsideBitcoins investigation can confirm that these are lies. BitClub connect is nothing but a scam platform aimed at stealing money from investors. You will never be able to withdraw your money if you sign up with this platform. We can also confirm that their crypto mining services have all the characteristics of a pyramid scheme. The only way to make money through these services is by introducing other people to the platform.
Our investigation also reveals that this platform keeps changing domain address and names. It currently operates under two names namely BitClub Connect and BitClub Network. Perhaps this is in an effort to avoid the ever-growing negative reputation about their scam. There are a lot of negative reviews about the two platforms, with most reviewers claiming to lose their money within an hour of live trading.
Bitclub Connect also claims to help investors trade Binaries and Forex. InsideBitcoins investigation did not find any evidence that they have the technologies for this purpose. Legit trading robots always provide evidence about the logic behind their robots. Read our Bitcoin Code review for a legit trading robot.
Who Founded BitClub Connect?
As mentioned earlier, Bitclub Connect does not reveal about its founder. Even worse, they blatantly lie about their CEO, COO, and CIO. InsideBitcoins investigation reveals that the images used on their platform are not real but downloaded from stock images. The profile for the CEO claims that his name is Justin Smith. A Google Reverse image search reveals that the photo used for the profile is from Pexels.com, a stock images site. The same case applies for Jordan Jumpman the COO, and Courtney Belen the CIO. These profiles are false!
What is even more ridiculous is the fact that this platform appears to suggest that it is publicly traded. They claim that during the CEO 4 year tenure, their stock price has dropped 80%. Any investor with average attention to detail can tell that this claim is not only sarcastic but outright evidence that BitClub Connect is a scam.
Legit trading robots not only disclose about their founders but also about their support team. A robot that is hesitant to do so is likely a scam. InsideBitcoins recommends that you stay away from any trading robot that lies about its founders.
How does BitClub Connect Work?
BitClub Connect claims to be a robot trader and a crypto miner. When it comes to robo-trading, this platform allegedly applies algorithms to scan crypto market data and make trading decisions. However, our investigation shows that these are lies and they do not have such technologies. The only thing they provide is a webpage to trick people into signing up with scam brokers. InsideBitcoins investigation shows that the majority of brokers in partnership with this robot are known to be a scam.
On top of crypto trading, BitClub also claims to offer stock and forex trading. InsideBitcoins can confirm that these are lies. As mentioned earlier in this review, BitClub does not have any legit trading technology. Their main motivation is to get signups after which they disappear with clients’ money.
BitClub Connect also claims to help investors make millions of dollars investing in crypto mining. The company behind this robot claims to own a mining rig with the potential of generating huge profits within hours. They do not provide any other details apart from asking investors to deposit money with them. An analysis of online reviews shows that they operate a pyramid scheme where users are only remunerated if they introduce other people on the platform.
Why you should not register with BitClub Connect
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Is BitClub Connect legit? The Verdict!
BitClub Connect is a scam trading robot and we recommend that you stay away from it. Our investigation shows that you will lose money if you signup with this robot. The people behind this platform are seasoned scammers operating under different names.
Also, InsideBitcoins can confirm that most of the information provided on their website is false. The executive profiles and users testimonials are all faked. We can confirm that the photos used on the profiles are all downloaded from stock images sites.
InsideBitcoins conducts a thorough investigation to help you identify good robots and avoid scammers. The robots recommended in this review have all been tested and proven to be highly legit.