Bitcoin Boom Review: Scam or Legit Trading Software?

Bitcoin Boom Review: Scam or Legit Trading Software?
4.8 (95%) 4 votes

Bitcoin Boom is a trading app that claims to help traders make a daily profit of $5k. But is it legit? InsideBitcoins investigation reveals that Bitcoin Boom is a scam. You will lose your hard-earned cash if you deposit it with them. Our research finds a lot of complaints about this platform. We did a live test and lost a deposit of $250 in less than an hour of live trading. It appears that we are not the only one who has lost money through this platform. We can confirm that at least 99% of the reviews we have analyzed report that Bitcoin Boom makes consistent losses.

We also did a test on their trading platform and could not verify the existence of proprietary technology. InsideBitcoins recommends that you stay away from this platform and instead try Bitcoin Revolution, a tested and proven robot. Click the ‘trade now’ button in the table below to start trading.

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

Is Bitcoin Boom a Scam? Yes!

  • InsideBitcoins gives Bitcoin Boom a legitimacy score of 10% – Legit robots must score above 70%
  • We found a lot of complaints about this platform – Most people report that this platform is a scam
  • Our test shows that this platform has an accuracy level of zero percent – Top trading robots have a score of above 80%
  • Bitcoin Boom lies about its founders and also presents fake testimonials on its website – This is typical of most scam robots. We recommend that you avoid this robot.

Bitcoin Boom is a scam platform masquerading as a real trading robot. The scammers behind the platform profit by stealing the deposits made by unsuspecting traders. Bitcoin Boom does not allow users to withdraw their capital. Their fake auto robot automatically kicks in after the trader makes a deposit.

Even worse, the Bitcoin Boom scammers will blatantly ask for more deposits after a trader’s account is wiped out. They dupe traders with a promise that they will give a full refund on the lost deposit if they top up their account with an equal amount. The truth of the matter is that once you deposit with them, you will never be able to withdraw it.

InsideBitcoins carries out rigorous research to determine legit robots. We recommend that you read our Top Bitcoin Robot 2019 review to learn more about our criteria and top robots in our list.

What is Bitcoin Boom?

Bitcoin Boom is a scam that claims to help traders make an average daily profit of $5k. InsideBitcoins tests reveal that this platform is a scammers’ trap. Moreover, it does not have any trading technology and does not connect to any legit broker. All the brokers listed as its partners are scammers with no regulation.

When a trader deposits with Bitcoin Boom, the scammers behind it share the deposit with the scam brokers, if an affiliate site referred the trader, the people behind it also get a share of the deposit. This happens while their fake web-trader shows the trader that their money is lost through consistent losses.

Scam trading robots tend to exaggerate their earning potential without explaining the logic behind their trading technology. InsideBitcoins recommends that you stay away from this robot and instead try Bitcoin Revolution, a tested and proven robot. Read our comprehensive Bitcoin Revolution review to learn more.

How does Bitcoin Boom Work?

With the Bitcoin Volatility peeking pace in the last few weeks, there is a big opportunity for traders to make money. Bitcoin Boom claims to apply high-frequency trading strategies to help traders make the most out of this opportunity. However, our investigation shows that Bitcoin Boom is a scam. They do not have any trading technology, and their fake web-trader is set to report consistent losses.

Legit trading robots such as Bitcoin Revolution apply complex computer algorithms to scan the crypto markets for insights and place trades. These algorithms can analyze big data and automatically place corresponding traders. InsideBitcoins can confirm that top robots make up to $3k per day with a deposit of less than $1k. Bitcoin Revolution makes an average of $1500 per day from a capital investment of as little as $500.

It is important to note that not all robots are Bitcoin robots. There are legit robots that trade stock and do not require a considerable investment. For instance, Netflix Revolution enables traders to profit from the volatility of the Netflix stock. Our investigation shows that it is possible to make a daily profit of $3000 using this robot. Read our comprehensive Netflix Revolution Review to learn more.

Who founded Bitcoin Boom?

The scammer behind this platform calls himself Bryden Ford. He claims to have made millions trading Bitcoin through this robot and wants to share it with a few people for free before withdrawing it from the market. InsideBitcoins investigation did not find any information about this person. We are convinced that they are not what they claim to be. Furthermore, this platform does not reveal anything about its critical support team. Bitcoin Boom is a scam, and you should not sign up with it.

Why is Bitcoin Boom a scam?

InsideBitcoins takes into account several factors to determine the legitimacy of a trading robot. These include reputation, transparency, money back guarantee, safety, and customer service.

  • Reputation – Bitcoin Boom has a poor online reputation. The majority of the reviews we have analyzed point out that this robot is a scam. Our live test confirms that Bitcoin Boom is a scam platform used to steal deposits.
  • Transparency – Bitcoin Boom does not reveal any details about its legal registration. Moreover, they do not disclose about their partner brokers until you make a deposit. This is because these brokers are all scammers.
  • No money back guarantee – Like most scam platforms, Bitcoin Boom does not allow traders’ to withdraw their capital. Once you deposit with them, consider the money as lost. There is no way to trace it since this platform, and its brokers are not under any regulatory guideline.
  • Unsecured trading platform – Our investigation reveals that Bitcoin Boom shares user data with third-party scammers. This explains why there are a lot of complaints about people receiving spam calls and emails after signing up with them. InsideBitcoins investigation also reveals that its website and trading platform are not encrypted. The lack of encryption allows scammers to snoop in and steal data.
  • Poor customer service – Like most scammers, Bitcoin Boom only respond to clients inquiries on matters relating to deposits. Once you make a deposit, you won’t hear from them again. We found a lot of complaints that this platform blocks users who insist on withdrawing their trading capital.

Is Bitcoin Boom a scam? The Verdict!

Bitcoin Boom is among the newest scam robots in the market today. This platform alleges to help traders to take advantage of the latest Bitcoin volatility. However, our investigation shows that it is a scam. Traders who open an account with it end up losing all their money. Our research shows that the platform is set to report consistent losses. This is typical of most scam trading robots.

Furthermore, we can confirm that this platform is not safe. They appear to share users’ data with third parties. The majority of users report receiving a lot of spam emails and calls after signing up with the robot. There is also a high likelihood that this platform exposes users’ information, including billing details to hackers. Their website and trading platform are not encrypted.

InsideBitcoins recommends that you avoid Bitcoin Boom and instead try a proven trading robot. Our top pick for this review is Bitcoin Revolution, a legit trading robot that generates an average of $1500 in daily profits. We can confirm that it is possible to make up to $1k per day through this robot. Click the ‘trade now’ button in the table below to start trading with Bitcoin Revolution.

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

FAQ

Is Bitcoin Boom legit?

No! Bitcoin Boom is a complete scam, and you should avoid it. Traders who try this robot report making consistent losses. We lost a deposit of $250 in less than an hour in our live test.

How much should I deposit with Bitcoin Boom?

This scam platform requires a minimum deposit of $250. Do not deposit any money with them. If you are looking for a Bitcoin Robot, we recommend that you try Bitcoin Revolution. We have tested this robot and can confirm that it is possible to make an average daily profit of $1500 per day.

How much can I make with Bitcoin Boom?

You won’t make any money with this scam platform. Traders who try it report making consistent losses. The platform appears set to report predetermined results. This is typical of most trading robots.

Can I withdraw my money from Bitcoin Boom?

Bitcoin Boom will not allow you to withdraw your money. Once you deposit with them, consider it as lost. Even worse, they will block you from the platform if you insist on withdrawing.

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