Bitcoin Hack is a new platform that alleges to be a trading robot for the crypto industry. But is it legit? We went out in search of answers and what we found will amaze you. Despite the high popularity, Bitcoin Hack is a scam platform. Their popularity stems from their aggressive but highly deceptive marketing techniques.
For instance, they claim to have discovered a loophole in Bitcoin Code, a leading trading robot and fixed it in their solution. Consequently, their platform is superior to this robot. However, these are blatant lies. Bitcoin Hack is nothing but a cleverly built scam with no legit trading technologies.
This review will look at all the signs that show that Bitcoin Hack is not legit. We will also look at leading alternatives including Bitcoin Code. Keep reading or click the button in the table below to visit Bitcoin Code website.
Is Bitcoin Hack Legit? No!
- Bitcoin Hack has all the red flags of a scam robot – InsideBitcoins gives it a legitimacy score of 5%
- There are a lot of complaints about this platform preventing traders from withdrawing their trading capital
- Bitcoin Hack partners with scam offshore brokers – The platform acts as an affiliate site for this type of brokers
- There is a lot of misinformation on the Bitcoin Hack website – The testimonials and regulatory details are false
Bitcoin Hack is a scam targeting inexperienced traders. They claim to apply complex trading technologies to identify trading signals and place trades. However, a closer look reveals that they do not have any underlying technology. Like most scam robots, their web-trader is nothing but a mock of a real web-trader. Furthermore, their partner brokers are all sham meaning that there is no live trading that takes place with this robot.
It is important to note that the role of a broker in trading involves trades execution as directed by the robot. This means that there is no way a robot can be legit without real brokers. In fact, you can determine the legitimacy of a trading robot through its partner brokers.
Scam robots such as Bitcoin Hack are likely to partner with scam brokers. The characteristics of a scam broker include lack of regulation and a poor online reputation. Without regulation, there is no way to hold the broker accountable for your deposit. Regulated brokers, on the other hand, are required by law to observe strict deposit protection measures. For instance, they must segregate deposit and only use them for the intended purpose. Read our review of FTO Capital to learn what to look for in a legit robot broker.
What is Bitcoin Hack?
Bitcoin Hack is a platform that alleges to be a high-frequency trading robot for the crypto industry. However, our investigation reveals that it is a terrible scam. An in-depth review reveals that this platform is an affiliate of scam brokers. In other words, the scammers behind the platform make money when they trick traders into depositing with sham offshore brokers.
For the record, legit trading robots apply sophisticated computer algorithms to scan the markets for insights and execute trades. These algorithms can derive insight from any type of data and make profitable decisions from it. Moreover, advanced robots such as The-News-Spy can read the news as they occur and place corresponding trades in a flash of a second. Read our review of The-News-Spy.
Accuracy and speed are the two most important factors in algorithmic trading. The more data a robot can analyze and the faster it can do it is what determines how profitable it is. To trading robots such as Bitcoin Code operate supersonically and can generate profits of up $5000 per day. Read our Bitcoin Code review to learn more about this trading robot.
Who is the founder of Bitcoin Hack?
Bitcoin Hack presents a 2-minute video on their website with a voice over from a person who claims to be the founder. The person does not reveal his face or name citing security reasons. According to him, some people are not happy with him revealing the secrets to the billionaire club. They are therefore likely to eliminate him if he reveals his true identity. These claims are not only false but ridiculous. It is not uncommon for scam robots to make such claims to bait naïve people. The only reason why the self-proclaimed founder does not reveal his identity is that he is a scammer. Bitcoin Hack is nothing but a scam and you will lose money if you register with them. We recommend that you browse through our robot section for tested and proven robots.
Why is Bitcoin Hack a scam?
Bitcoin Hack is another scam platform pretending to be a legit crypto robot. Our investigative team has conducted a live test and determined that you will make consistent losses with this platform. We made a deposit of $250 and lost all of it in less than five hours. Furthermore, there are a lot of complaints that Bitcoin Hack starts making losses from the time the trader switches on live trading to the time their account depletes.
InsideBitcoins gives Bitcoin Hack a legitimacy score of 2%. There is a lot of misinformation on their website and they appear to largely depend on unscrupulous affiliates for marketing. These affiliates tell all manner of lies to get deposits. This explains why it is always important to only get reviews from high-quality sites. Moreover, always scrutinize any information that appears to be too good to be true.
Bitcoin Hack and other scam robots mostly use stories of people who have come from lags to riches to convince people to sign up. They mostly target people who have no experience in robo-trading and are somehow desperate to make money. This target market is easy to convince and is therefore the best target for hackers.
When it comes to accuracy, Bitcoin Hack scores zero percent. Our investigation shows that it is not possible to make any profits with this platform. This is because it’s fake and there is no live trading that takes place through it. Any deposit made through this platform goes to scam brokers who in return share it with the scammers behind Bitcoin Hack. Legit robots such as Bitcoin Code have an accuracy score of above 90%. With Bitcoin Code, you can make an average daily profit of $1500. Read our Bitcoin Code review to learn more.
Is Bitcoin Hack safe?
Like in most scam robots, there is a big risk in signing up with Bitcoin Hack. InsideBitcoins review reveals that Bitcoin Hack shares users’ personal information with other scammers. This explains why any person who signs up with them end up receiving a deluge of spam emails from fake brokers.
Our investigation also reveals that this platform does not pay attention to platforms safety. Their website does not have any encryption meaning that hackers can intercept traffic and steal personal data. This is a trend that we have noticed with many scam robots. Moreover, there is a high likelihood that Bitcoin Hack will sell your data in the black market for additional income.
Perhaps this is why they are known to demand unnecessary details after deposit. InsideBitcoins investigation also shows this platform stores users billing details after deposit. There are several complaints about Bitcoin Hack tricking traders into automating deposits.
Account creation process
The Bitcoin Hack account creation process is easy but not secure. They require users to provide personal details including name, email address, and phone number. You may be asked to provide more personal details after deposit.
- Shares user data with scammers
- Does not have a proper data protection mechanism
- Click here to read a review of a legit robot
Our investigation shows that they will use these details to bombard you with unsolicited offers and might even share your information with other scammers. Furthermore, their platforms lack proper security measures meaning that they may expose you to scammers.
After signup, they will ask you to make a minimum deposit of $250 to continue. InsideBitcoins investigation reveals that Bitcoin Hack is a scam and you will lose money if you deposit with them. They operate in cahoots with scam offshore brokers with the intent of stealing deposits. As mentioned earlier, the brokers that partner with Bitcoin Hack are all scam and not regulated.
Without regulation, it is nearly impossible to track them and raise a dispute in the event where they disappear with your money. InsideBitcoins investigation further reveals that Bitcoin Hack tricks unsuspecting traders into automating deposits.
A closer look at the trading platform provided by Bitcoin Hack reveals that it is fake. Consequently, there is no live trading that takes place with this platform. This review confirms that the platform provided as the web-trader does not connect to any trading algorithms. Furthermore, it appears set to report consistent losses until the trader’s account depletes. Like most scam robots, they are likely to try to trick you into making another deposit after the first one is lost. That is if you didn’t fall for their trap to get you to automate deposits.
Bitcoin Hack: Key Features
Bitcoin Hack is a scam and you will not make any money with it. InsideBitcoins investigation reveals that they do not participate in any live trading. This is because their web-trader and partner brokers are all fake. We recommend that you do not register with this platform. Instead, try Bitcoin Code for a legit robot with an average daily return of above $1500.
No Capital Withdrawals
No capital withdrawals
Bitcoin Hack will not allow you to withdraw your capital if you opt out before your account is wiped out. There are complaints that they block people who insist on making withdrawals. This review confirms that Bitcoin Hack is a scam aimed at tricking people into depositing money with scammers.
Unsafe Website and web-trader
Unsafe website and web-trader
The Bitcoin Hack website and trading platform are unencrypted meaning that cyber attackers can easily steal data from them. Without encryption, any data that you submit through a website is prone to theft. An encrypted website has a lock symbol in the URL and has the prefix HTTPS instead of HTTP.
Fake web-trader and brokers
Fake web-trader and brokers
We have tested the Bitcoin Hack web-trader and can confirm that is not genuine. Our investigation shows that it does not have any underlying trading technology and does not connect to a legit broker. The brokers in partnership with Bitcoin Hack are all sham. They are part of the scam meaning that they get a share of your money when you deposit with the Bitcoin Hack scam.
Terrible customer service
Terrible customer service
Bitcoin Hack provides email as the only mode of communication. This is typical of most sham trading platforms. InsideBitcoins live test shows that Bitcoin Hack ignores inquiries unless they are about making a deposit.
Is Bitcoin Hack Legit? The Verdict!
Bitcoin Hack is a scam robot and we recommend that you stay away from it. InsideBitcoins reveals that those who try it end up losing money. Furthermore, their web-trader is fake and their partner brokers are not registered. This can only mean that there is no real trading that takes place with this platform. Moreover, this review reveals that Bitcoin Hack exposes users’ to harm by sharing their data with third-party scammers.
If you are looking for a legit robot, we recommend that you try Bitcoin Code. Our investigation shows that it is legit and you can make an average daily profit of $1500 per day using it. Click the trade now button in the table below to start trading with this platform.