Bitcoin Cash Grab: Scam or Legit Trading Platform? ByPatrick WebberPRO INVESTOR Updated: 26 August 2021 Bitcoin Cash Grab, as the name suggests, is a trading app that claims to help investors make huge profits trading bitcoin and other cryptos. With this app, the bot claims you make as much as $1300 per day with an investment of as little as $250. Bitcoin Cash Grab allegedly does this by applying computer algorithms to analyze market data and take advantage of every trading opportunity. With this trading robot, you can reportedly make money in both rising and falling Bitcoin markets. But is Bitcoin Cash Grab scam or legit trading platform? InsideBitcoins has been looking for answers as presented in this review. Our review is based on hands-on experience and also an analysis of online reviews from people who have used this platform before. On this Page:Contents [show] Is Bitcoin Cash Grab Legit? Bitcoin Cash Grab is among the oldest crypto trading robots. We find this robot transparent and reliable. Bitcoin Cash Grab reports an accuracy level of 99.4%. Click here to open a trading account now or keep reading to learn more. InsideBitcoins determines the legitimacy of a trading robot by how transparent it is in regard to founders and also fees mechanism. As we will see, Bitcoin Cash Grab has a transparent fees mechanism. We have also analyzed online feedback from clients and can confirm that this trading robot has a good reputation. Trading with Bitcoin Cash Grab involves some level of risk, and it is, therefore, crucial that you only invest an amount you can afford to lose. InsideBitcoins recommends that you start with $250 and add capital only when you are comfortable with the trading platform. What is Bitcoin Cash Grab? Bitcoin Cash Grab is a trading robot that applies sophisticated computer algorithms to conduct investment research and automatically place trades. With this trading robot, you do not need any bitcoin trading experience to trade. The app claims that anyone, including complete beginners, can make huge profits with little effort. This is because the app does all the research and trading with the user being tasked with opening and closing trading sessions only. With this app, users should take less than 20 minutes per day to monitor their accounts. Bitcoin Cash Grab allegedly uses secret trading strategies that are known to generate considerable profits in the crypto industry. These strategies are coded into a computer program that can trade automatically. Apart from allegedly helping investors generate returns from Bitcoin trading, Bitcoin Cash Grab makes it easy to buy bitcoin. The traditional method of purchasing bitcoin is a complicated one and requires the buyer to have a digital wallet or a Fob and to cram complex codes. This complexity locks out most people who would like to invest in bitcoin but do not have the capacity to understand the buying process. With apps such as Bitcoin Cash Grab, you do not need a wallet, and neither are you required to cram complex passwords. All you need to do is to open an account, and the app will do the buying and the selling for you. Who Founded Bitcoin Cash Grab? Bitcoin Cash Grab does not provide any information about its founders and the team behind the app. While this is not uncommon in the crypto industry, it may appear as a red flag to some people. However, InsideBitcoins have determined that this crypto trader is already well established and therefore there is no need for alarm. Additionally, Bitcoin Cash Grab has a highly responsive customer service and only partners with reputable brokers. This is enough evidence that this crypto trader takes full responsibility for its services. You can find a list of Bitcoin Cash Grab partner brokers immediately after signup. Read our Bitcoin Code review if you are looking for a trading robot with known founders. Keep reading to learn why we find Bitcoin Cash Grab trustworthy. How Does Bitcoin Cash Grab Work? As mentioned earlier, Bitcoin Cash Grab applies computer algorithms to analyze data from the bitcoin markets and make investment decisions. When compared to human-driven investments, computer algorithms allegedly tend to make more accurate investment decisions. Also, these algorithms can identify trading opportunities and capitalize on them in a split of a second. This, according to the robot, makes it possible for investors to make huge profits within a short time. With Bitcoin Cash Grab, investors can allegedly make up to $1500 per day with an investment of as low as $250. The software claims that profits can be higher depending on the invested capital. While it may be possible to make returns above what traditional investment methods offer, we cannot guarantee that you will make thousands of dollars in a day with this platform. InsideBitcoins recommends that you start with not more than the minimum deposit required and only add capital when you are comfortable with the trading platform. Trading with Bitcoin Cash Grab involves a degree of risk like in any other investment and therefore you should only invest what you can afford to lose. Also, InsideBitcoins recommends that you withdraw your profits as soon as they are made and close trading positions during inactive periods. Account Creation InsideBitcoins finds Bitcoin Cash Grab account creation process to be simple and secure. First, this crypto trader only collects the necessary details during the signup process. These details include name, email address, and phone number. Scam trading robots tend to collect unnecessary details and selling them in the black market. Secondly, the whole process is safe given that their website is SSL secured. A Secure Sockets Layer (SSL) is a protocol that encrypts all data transmitted through a site to ensure that hackers can not steal it. Most scam trading robots do not bother to secure their websites. Also worth noting, Bitcoin Cash Grab implements a strong password policy. Users must create a mix of letters, symbols, and numbers when creating a password. This is paramount given that most cyber attacks find loopholes in weak passwords. InsideBitcoins has determined that this crypto trader require users to change their passwords every three months. This is a necessary step to ensuring full cybersecurity. The only downside we have identified with Bitcoin Cash Grab is that they do not give clients an option to opt in our out of their mailing list. This means that you are likely to receive unsolicited offers once you open an account with them. While this may not be a problem for some people, it may be inconveniencing to others. Bitcoin Cash Grab is only available in select countries. Try the signup process to determine if it is available in your country. Demo Trading While most people may not find demo trading necessary in automated trading, some users may prefer to get a feel of the trading platform before trading with a live account. Unfortunately, Bitcoin Cash Grab does not offer a demo account. However, the trading app comes with guides to help you navigate through the setup process. We recommend that you read our review df Bitcoin Trader if you are looking for a trading platform that offers demo trading. Deposits and Withdrawals Bitcoin Cash Grab offers multiple deposit and withdrawal methods. These include Visa, Master Card, Wire Transfer, Skrill, Maestro, Web Money, Neteller, and others. This crypto trader does not charge any deposit and withdrawal fees. However, traders may incur charges on the side of the financial institution facilitating their transactions. Another thing worth noting is that Bitcoin Cash Money facilitates transactions within 24 hours. Most leading trading robots facilitate transactions within 24 to 48 hours. InsideBitcoins did not find any complaints about Bitcoin Cash Grab deposit and withdrawal methods. Live Trading Bitcoin Cash Grab allows traders to access their live trading platform only after they have deposited $250. InsideBitcoins has determined that the live trading platform is easy to use and comes with guides to help users navigate through. As mentioned earlier, the app does all the research and trading automatically. The user’s role includes opening, and closing trades an activity that takes less than 20 minutes per day. If you are looking for a trading robot that offers both manual and automated trading, please read our review of Bitcoin Trading. InsideBitcoins recommends that you keep monitoring your account and close trading positions during inactive periods such as when asleep. Remember that trading with Bitcoin Cash Grab involves some degree of risk and you may lose the profits you make if you do not withdraw them often. However, if you wish to reinvest the profits, you can do so but be warned that you risk losing them. We cannot repeat enough on the need to start small and only upgrade your account once you are comfortable with the trading platform. Bitcoin Cash Grab does not offer any mobile trading, and therefore all trading must happen on their web-trader. Advantages of Trading with Bitcoin Cash Grab Bitcoin Cash Grab is among the most transparent and easy to use trading robots in our list. The trading robot has a claimed accuracy level of 99.4%. Here are the main advantages of trading with this trading robot. Bitcoin Cash Grab is legit and fully working Excellent customer service – Our tests reveal that this crypto trader responds immediately to customers concern. Most online reviews indicate that Bitcoin Cash Grab takes user security seriously. High claimed accuracy – Bitcoin Cash Grab claims to have an accuracy level above 99%. Excellent trading platform – InsideBitcoins has tested the Bitcoin Cash Grab web-trader and can verify that it is of high quality. We find it highly intuitive and also attractive to the eye. A good number of other expert reviews identify the web-trader as one of the best in the industry. There are many other reliable robots you can trade with. Visit our Bitcoin Robot Page to see what they are. These are the best crypto robots: How much can I make with Bitcoin Cash Grab? Bitcoin Cash Grab claims that profit-making opportunities are endless. Some traders report making thousands of dollars per day trading with this crypto trader. It appears that most users report to make returns above the market rate with this crypto trader. There is also a possibility of making losses which means that you should not trade an amount you cannot afford to lose. As a rule of thumb, start with the minimum capital required and add more capital as you get used to the platform. Is Bitcoin Cash Grab Legit? The Verdict! InsideBitcoins finds Bitcoin Cash Grab legit, transparent and reliable. Our results are based on tests and also online reviews from individual crypto traders. From the reviews we have analyzed, we find this crypto trader to have a positive sentiment score. The only downside we have identified with Bitcoin Cash Grab is the lack of a demo trading account and also the failure to disclose the founders and the team behind the app. We recommend that you try this trading robot with a small investment and add funds only as you become used to their trading platform. Click the button below to open a trading account. Open an account with Bitcoin Cash Grab now! Remember that all investment opportunities carry a certain risk. This especially applies to cryptocurrencies, which are still relatively young in the financial markets. Automated Trading on Exchanges An alternative to using a bot is to use the copy trading feature on eToro – this FCA and CySec regulated cryptocurrency exchange allows you to replicate the trading decisions of a winning, profitable trader of your choice, or a combination of several. InsideBitcoins recommends diversifying your portfolio by allocating part of your funds into a long-established, safe and reputable platform such as eToro – never invest 100% of your cryptocurrency into one trading bot or hold it on one website, broker or exchange. Start with a minimum deposit on any platform you use, and make a small withdrawal as a test. Coptrading on eToro is similar to using a bot in that you can grow your investment without having to monitor it, trade yourself or make any decisions – all buy, sell, take profit and stoploss orders are automated. eToro - Automated Copytrading of Profitable Traders Our Rating 83.7% Average Annual Returns with CopyTrader™ feature Review Traders' Performance, choose from 1 - 100 to Copytrade No Management Fees Free Demo Account Social Media & Forum Community - Trusted by Millions of Users Start Copytrading 68% of retail investor accounts lose money when trading CFDs with this provider. FAQ Is Bitcoin Cash Grab legit? This crypto trader appears legit. However, like in any other investment, there is a degree of risk, and therefore you should start with the minimum amount required and upgrade your account as you get used to their platform. How does Bitcoin Cash Grab work? Bitcoin Cash Grab claims to apply sophisticated computer algorithms to analyze the crypto markets and make investment decisions. How much does Bitcoin Cash Grab cost? Bitcoin Cash Grab is a free trading platform. Traders can keep all their profits and withdrawal their investment without incurring charges whenever they like. Do I need crypto trading experience to trade with Bitcoin Cash Grab? No! Bitcoin Cash Grab is an automated trading app meaning that it does all the investment research and trading. Your role with this trading robot is to open and close trading sessions. This does not require any technical expertise. How much can I make with Bitcoin Cash Grab? With Bitcoin Cash Grab, users claim that they have made thousands of dollars per day depending on their trading strategy and invested capital. When we say trading strategy, we mean the trading sessions you choose and how often you harvest your profits. Is Bitcoin Cash Grab Regulated? Bitcoin Cash Grab is a trading app and does not need to be regulated. However, the partner brokers behind this app are all regulated in their jurisdictions of operation.