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Bitcoin Profit Review – Is It A Scam or Not? Find Out Here

Bitcoin Profit is an automatic trading software that claims to make people money by buying and selling cryptocurrency at the right time, offering a win-rate of supposedly up to 92%.
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Author: Patrick Webber
Last Updated: 06 August 2020
Our Rating 4.4/5

Bitcoin Profit is an automatic trading software that claims to make people money when they buy and sell cryptocurrency at the right time, offering a win-rate of supposedly up to 92% with each trading session.

The Bitcoin Profit app, also known as a bitcoin robot, uses a complex trading algorithm to gauge the market conditions and detect any crypto market trends. These ‘signals’ are used by the most experienced traders to open and close (buy and sell) orders automatically. The Bitcoin Profit software completes this whole trading process on auto-pilot, making it beginner-friendly for people with no automated trading experience.

You’ve probably heard about the Bitcoin Profit after seeing a Facebook ad claiming it’s made people rich using the crypto market. You may have also heard that the app was featured on some program such as This Morning and Shark Tank, and endorsed as one of Bear Grylls Bitcoin Systems.

In our Bitcoin Profit review, we look at whether Bitcoin Profit is legit and how it works in relation to the cryptocurrency market.

Try Bitcoin Profit, the most popular auto trader in 2020!

  • 92% Claimed win-rate
  • $/£ 250 Min Deposit
  • Accepts Debit and Credit Card
All trading carries risk

On this Page:

    Is Bitcoin Profit Scam?

    It’s no secret that everyone is looking for the perfect way to make money online. With the word spreading around algo trading robots, this is no exception. While some robots claim to be able to generate thousands per day in the crypto market, not all of them stand up to the test.

    BTC Profit claims to be one of the robots with the highest conversion rate in the wide selection of automatic trading tools, just like CryptoSoft and Bitcoin Code software.  If you’ve been scouring the web for reviews about this robot you will find that the search “Bitcoin Profit Scam” is very popular. However, after having reviewed the software in detail and read user testimonials and reviews, it seems that people had a positive crypto trading experience with Bitcoin Profit online.

    We have tested the software and we have found that it appears legitimate at providing valuable insight into the cryptocurrency market. Read on to find out everything you need to know about this software and whether it’s worth investing in ni this Bitcoin Profit review.

    Is Bitcoin Profit Legit or Not: The Verdict!

    • 1). Inside Bitcoins has tested the Bitcoin Profit software and the platform is very intuitive and easy to use.
    • 2). Because of high crypto trading risks and volatility when trading cryptocurrencies, we recommend beginning with a conservative investment of $250.
    • 3). Bitcoin Profit claims to have around 92% rate of success, meaning that out of 10 trades, around 9 of them would be accurate.
    • 4). Try Bitcoin Profit right now through this link, or read on to learn more first.

    Open account

    What Is Bitcoin Profit?

    Bitcoin Profit is an automatic trading software created by John Mayers. The robot claims to operate in the cryptocurrency market 0.01 seconds faster than the market average. This factor allows it to pick up cryptocurrency trading signals using Bitcoin Profit and make people thousands per day in crypto trading profits.

    Bitcoin Profit works by sending signals on the daily market trends, and automatically opening and closing buying orders without human intervention. Reliable auto trading platforms like Bitcoin Profit and Bitcoin Trader work in the same way. The trading system is designed for inexperienced users, allowing them to lay back while the Bitcoin system gets to work. These are not the only crypto trading platforms we consider to be reliable. You can check out our bitcoin robot page to find out more about robots such as Bitcoin Evolution.

    There are many automated trading systems advertised on the internet that promise to make daily profits in cryptocurrency markets. When the term Bitcoin surfaced, people started to be aware of the real value that investing in an asset class like Bitcoin has. There were several self-made millionaires from day to night, who invested a whole lot of money in trading Bitcoin in the crypto market. At the end of 2017, Bitcoin was the word that had the highest search volume in Google.

    Who Founded Bitcoin Profit?

    According to the Bitcoin Profit's website, J Mayers, the creator of Bitcoin Profit, created the trading algorithm to perform market analysis 0.01 seconds faster than the market average for trading signals.

    How Does Bitcoin Profit Work?

    The way that the software behind BTC Profit works is very straight-forward. The application provides its users with the crypto trading signals for free, finds exit points, and will buy and sell Bitcoin for the user (also known as buying and selling orders) automatically with their broker inside the trading platform. That's right, the algorithm provided by J Mayers is completely free as advertised on the video in Bitcoin Profit's homepage.

    If you're wondering why the developers behind Bitcoin Profit are providing this tool for free, the reason is fairly simple. The way they make money is taking a small percentage, as tiny as 1% of all their users' profit. This means that the CEO of BTC Profit firmly believes that his trading platform is easy to use and the next big thing.

    How To Place A Trade On Bitcoin Profit

    Similar to robots such as Bitcoin Pro, with BTC Profit app is fairly simple to us in the cryptocurrency markets and helps you come up with a trading strategy.

    Follow these steps below to sign up, and learn how to make your Bitcoin Profit login and get started:

    Step 1. Registration Form And Verification Process

    Firstly, click here to open your account with Bitcoin Profit. You will need to fill out their registration form with basic information including first and last names, e-mail address, and phone number. For your password, remember to put a word or code that is only known by you, that is easy to remember but at the same time difficult to be discovered. Once you’ve created your Bitcoin account, you will be assigned a broker automatically. This broker is the one your Bitcoin Profit software will be performing the trades with. In order to begin trading, you need to add funds to your broker account.

    Step 2. Deposit

    Once you’ve selected the option to deposit, you will be taken to your selected broker’s website. It’s just an interstitial pop-up that’s open inside the Bitcoin Profit’s platform, which means you won’t have to browse all the way back to find your way inside their trading platform.

    The minimum deposit is a $250 trading capital. The payment methods accepted are many, including Skrill, MerchantPay, GiroPay, and SafePay; as well as traditional payment methods Visa Master Credit and Debit cards. It’s true that the more money you invest, the higher your payouts and profit could be. To begin, we recommend making a moderate investment of $250 until you familiarise yourself with the platform.

    Step 3. Demonstration Account 

    You can try the demo accounts either before or after your initial trading capital deposit. Once you’ve selected the demo mode, you will be taken to an initial tour, so you can learn more about every functionality of the platform so you can trade cryptocurrencies even if you’re a beginner.

    On your test Bitcoin Profit account, you receive a total account balance of $1,500 to start the auto trade mode. It’s very simple, and you don’t need to fiddle with any trading parameters or think about investment strategy. Simply click on auto-trade ‘ON’, and the software will begin trading cryptocurrencies automatically.

    Step 4. Live Account

    Once you’ve familiarised yourself with the Bitcoin Profit platform, and you’re ready to start using the live mode, all you have to do is click on the switch that reads Push ‘Auto Trade’ to start on the dashboard screen.

    On the dashboard is where you can check your trade history, add Stop Loss settings, deposit additional funds, open trades, withdraw your profits, and change the trading parameters to match your trading goals. Bitcoin Profit trades with many pairs, including BTC/USD, ETH/USD, XRP/USD, LTC/USD and Crypto/Crypto as well. The cryptocurrencies available in the platform are Bitcoin, Ethereum, Ripple and Litecoin.

    To begin your auto-trading session, you need to set your trading goals simply choose the amount you want to spend in every trade, the number of trades, and any limits you may want to set like Stop Loss or Take Profit. After you’ve chosen your trading strategy and configured the software, you will be ready to use Bitcoin Profit and start trading.

    Try Bitcoin Profit, the most popular auto trader in 2020!

    • 92% Claimed win-rate
    • $/£ 250 Min Deposit
    • Accepts Debit and Credit Card
    All trading carries risk

    Do I Need A Bitcoin Wallet In Order To Trade With Bitcoin Profit?

    Bitcoin wallets are not needed to trade cryptocurrencies with the software. The reason for that is because the software does not "buy Bitcoin" - it trades cryptocurrency and claims to profit on the winning trades. This makes it a very convenient tool as the set up is very minimal, and you also avoid the risk of having your funds hacked.

    Bitcoin Profit: Key Features

    Payouts

    Their trading systems claim that on average, users earn at least $1,300 per day. Even though you may not earn such high amounts at first, some users have reported making high profits, part of which they have reinvested to increase their account balance.

    Verification System

    To sign up you will need some personal information, including your name, email address and phone number. Once you have created an account all you will need to do is deposit funds into your Bitcoin Profit account. To do that you simply log into your account using your password and email address, provide your payment details. No ID or utility bills. It really is as simple as that.

    Withdrawal Process and Deposits

    You can make a withdrawal request at any time of the day and you can be sure that it will be processed within 24 hours. In the remote case that does not happen, do not worry, because the payout system could take up to three days. There are robots in the cryptocurrency market that take 10 days to process a single withdrawal request.

    Cost/Fees

    The only fee you should be aware of is that Bitcoin Profit plans to keep only 1% of your profits. That is how the trading platform makes a profit. That is a very small amount considering that other robots have ridiculously high commissions and fees to make a profit.

    User Testimonials

    The testimonials and stories shared on their website show that Bitcoin Profit has the potential to change lives. If you're a new investor and do not know how to trading cryptocurrencies work, Bitcoin Profit can definitely help you. Because the software handles all the trades for their users you don't need much experience to trade with it. However, note that due to a lot the volatility with the crypto market, the team behind Bitcoin Profit recommend their users to invest 20 minutes of work per day, and let the software run automatically asides from that. The amount of work required is minimal, making this robot very user friendly.

    Customer Service

    You can contact customer support at any time of the day or the night. There is staff available 24/7 and you may contact them and leave your name/email address. We contacted them to conduct our test and they were very professional and friendly and responded within an hour. Hopefully though, you will not be needing any support.

    Brokers

    Like all crypto trading robots, with Bitcoin Profit your money is used to trade cryptocurrencies with online brokers. So basically your investments on assets are placed through brokers. These are regulated and secure so you should worry about this aspect.

    Bitcoin Profit Versus Other Robots

    Bitcoin Profit Other bitcoin robots

    ✅Bitcoin Profit is one of the most popular and well-reputed robots because of its reported success of around 88%. ❌ Many robots have hidden fees and leave the trader with little or no profit at the end of trades.
    ✅Bitcoin Profit requires users to deposit a minimum of $250 to start trading. ❌ Other robots tend to require higher sums, which pushes new users to take higher risks.
    ✅Bitcoin Profit offers a wide variety of digital coins that users can choose to trade with or without. ❌ Most trading robots offer a very basic choice of assets.
    ✅Bitcoin Profit uses regulated and/or reliable online brokers. ❌Some platforms channel funds through unreliable brokers, risking users' funds by investing them on the platforms supported by such broker.
    ✅The trading platform is suitable for all kinds of users, both beginners and experienced. ❌ Trading platforms on other robots can often be perceived by beginners as too complex or by professionals as too simple.

    Can You Make Money With Bitcoin Profit?

    The software claims it can generate good profits, which is backed up by the claims of winning an award by the US trading Association. Just like the other users that have left their testimonials in their website, the trading platform was easy and simple to use when we tested the demo. Although we didn't commit as much as the serious investors, we did make automatic trades on the demo. Bitcoin and other crypto assets are highly lucrative, but also have very high trading risks due to their volatility.

    Using Bitcoin Profit or Bitcoin Revolution can be helpful for new and experienced traders who may wish to trade cryptocurrencies but do not have the time to watch price movements. Below, we will share some tips on how to use Bitcoin Profit and get the best trading experience:

    • Start trading Small. You should start trading with a small investment to get yourself familiarised with the software. We recommend users start using Bitcoin Profit with the minimum deposit required of $250. Once you start making profits in your trading session, then you can choose to invest a little more to make higher payouts.
    • Withdraw Your Profits. Don’t forget to withdraw your profits when you invest with Bitcoin Profit. Remember though to always reinvest some of the haul earned, to continue earning more and more.
    • Follow the Expert’s Advice. You should definitely mix up a little bit with other settings and trading strategies from users who have tried the software themselves. Reading about Bitcoin Profit on other blogs and watching videos on Youtube about price movements in the financial markets could help you to find the best settings for this robot and to make the most of your trading opportunities.
    • Only Invest What You Can Afford to Lose. That’s right, you should only invest additional money that you are willing to risk. Investment opportunities have a high risk due to volatility. You will find lurking on the web reviews of users who have invested a lot of money into Bitcoin Profit, but didn’t get the results expected. This is completely normal in when market conditions are so volatile in the crypto market.

    Why Trade With Bitcoin Profit?

    You can find an automated trading system which works for you in the cryptocurrency market, and some claim to have extraordinary conversion and performance rate. The problem is that you will always find a feature that doesn't make other robots as good as Bitcoin Profit at trading cryptocurrencies. In comparison to other bitcoin robots such as Bitcoin Lifestyle and Bitcoin Pro. Here's what Bitcoin Profit brings to the table:

    • Bitcoin Profit has an intuitive and user friendly platform. Needless to say that this is one of the features that makes Bitcoin Profit stand out from the crowd. The software works by performing detailed crypto market analysis, but the user friendly experience is simply one of the best ones out of every platform tested by Inside Bitcoins. Using Bitcoin Profit and its software is super easy, it can be up and running in no time.
    • Bitcoin Profit claims to have a high trading success on its trades. Another major difference between Bitcoin Profit and other platforms is the number of trades that are placed. Basically, the reason why the software claims to have a high rate of success around 90% or more in the crypto markets is because of the concurrent trades being placed with shorter investments. Out of a $250 deposit, it could place many concurrent trades of as little as $25 USD each.
    • Demo account and tutorials. Inside the platform, you can create a demo account to get yourself familiarised with the software and its functionalities like Stop Loss. If you access your mirror trading account, an account that is created with the broker at the same time you register on Bitcoin Profit, you can access many tutorials and tips on trading and educate yourself in their trading opportunities.
    • Responsive and dedicated customer support. Another strong point for Bitcoin Profit is their customer support. You can engage one of their customer experience representatives any time from your dashboard screen, or on the homepage. The fastest way to do so is via live chat.

    Has Bitcoin Profit Been On TV?

    Bitcoin Profit has not been advertised on TV. The reason for that is because they have recently completed their open beta platform, and their exclusive selection process for accepting new users is on a first-come, first-served basis.

    Dragons DenShark TankThis Morning

    Although Bitcoin Profit seems to be one of the best trading platforms out there, it has never appeared in Dragon's Den. There are, however, a lot of images and fake news in the financial markets sector that has spread around the internet that indicate otherwise.

    shark tank

    The same goes for Shark Tank. Despite the rumours spread by fake news and online images, Bitcoin Profit has never appeared on popular TV shows. These websites are usually just trying to deviate the serious investors on their path of choosing a platform like Bitcoin Profit.

    There are rumours that link Bitcoin Profit to the UK show "This Morning". We have analysed the images that are circulating on the web, and we haven't found anything that looks legit or any episode that has the cryptocurrency market being featured on This Morning.

    Is Bitcoin Profit Endorsed By Celebrities?

    There seems to be a lot of rumors involving crypto trading bots and celebrities, with a trading system such as Bitcoin Loophole using celebs as a marketing strategy. These rumours are usually spread around the internet to advertise these platforms by affiliate marketers. But have celebrities like Peter Jones and Bill Gates been linked to Bitcoin Profit? Read on to find out if the rumours around the trading system are true.

    Tobias LutkeRichard BransonHolly WilloughbyGordon RamsayLewandowski50 Cent

    The CEO of Shopify Tobias Lutke has been said to endorse Bitcoin and even endorse Bitcoin Profit trading apps. Tobias clearly understands the value of Bitcoin as being an innovative investment and what a great asset in the cryptocurrency market, but there doesn't seem to be anything linking him to the live trading software Bitcoin Profit.

    It's no secret that Sir Richard Branson and Bill Gates are massive fans of Bitcoin. Both openly said in many interviews of how fantastic cryptocurrencies are, and how he personally knows many people that made huge fortunes from the crypto market. As much as Branson supports Bitcoin, there doesn't seem to be any connections between him and the trading robot Bitcoin Profit.

    The presenter for the UK TV show This Morning and Dancing on Ice, Holly, has been said to endorse Bitcoin Profit. Rumour has it that it all started after she received a guest on the show that had supposedly introduced a miraculous live trading tool that helps people achieve financial freedom and make profit with Bitcoin. None of this has been confirmed. In fact, we could not find the episode anywhere on Youtube where Holly was seen talking about Bitcoin trading or the cryptocurrency market.

    There are claims that Ramsay the British Billionaire has Endorsed Bitcoin Profit. InsideBitcoins investigation reveals that these are lies. We contacted Bitcoin Profit in this regard, and they denied any Ramsay Bitcoin Profit endorsement. We have determined that these claims are from unscrupulous affiliates. Bitcoin Profit has promised to take action against any affiliate tarnishing its name through misleading marketing.

    InsideBitcoins recommends that you always carry out enough due diligence before settling on any tech product. The use of deceptive marketing techniques is common with most affiliates even for genuine products such as Bitcoin Profit. Never invest into a product based on celebrity endorsements purely. InsideBitcoins makes the research easier for you through comprehensive reviews like this one.

    The Polish footballer Robert Lewandowski has been said to be an adept of Bitcoin. There have been claims about Lewandowski and Bitcoin Profit, but nothing can be confirmed about him endorsing stock trading apps. Footballers do make a fortune with playing, so it would not be uncommon that a few of them invest in Bitcoin.

    The controversial rapper 50 Cent has been known to endorse Bitcoin for a long time. He has made it public that he was paid for an album in Bitcoin and he just forgot about it and let it age. The then bankrupt 50 cent had profited millions in Bitcoin, and was even said to have made so much money with trading apps such as Bitcoin Profit.

    The truth is that 50 Cent said he was lying on social platforms, and didn't make millions on Bitcoin. There are no backup claims about 50 cent and Bitcoin Profit as well.

    Mirror

    There are claims of Bitcoin Profit being featured in an article on The Mirror, a UK news tabloid. Truth is that there have been images circulating on the web, usually followed with a story about a single mum making millions by trading with Bitcoin.

    It seems to be a fake Mirror page, which leads people to believe it is the real deal. Bitcoin Profit has not been featured on the Mirror, and if you see anything of the sort it's most likely a scam.

    Trading with Bitcoin has made a lot of people into millionaires, and believe it or not, these bitcoin robots do help people with trading and making profit when you buy and sell crypto.

    Is There A Bitcoin Profit App?

    There currently is no Bitcoin Profit app available but you can access the software from any mobile device with an Internet connection and benefit from the same functions you would if connected from a laptop.

    Bitcoin Profit Review: The Verdict!

    What do all of these successful businessmen have in common? They were all pioneers in their targeted niche and specific product. Although many people have already gotten started with Bitcoin, it's such a complex asset to invest in that not everyone understands the true value of it yet. That's why the smart and successful people cracked the best way to get started with Bitcoin and are already making a huge amount of profit on a daily basis investing in this cryptocurrency.

    The bad reputation of automatic trading platforms, or robots, comes from the fact that some users who have never traded in their lives create a trading account expecting to have a 100% foolproof system, when in reality there is a lot of volatility that comes with live trading stocks, forex, bitcoin and cryptocurrencies in general. Although Bitcoin Profit appears to be a legit automatic trading robot, new investors should always start trading opportunities with a moderate investment to test the software out. We would recommend an initial investment of no more than $250 for the best trading experience.

    If you still have any doubts about whether or not you should get started with Bitcoin, and start trading with an automatic trading tool like Bitcoin Profit, take a look at the video below.

     

    Try Bitcoin Profit, the most popular auto trader in 2020!

    • 92% Claimed win-rate
    • $/£ 250 Min Deposit
    • Accepts Debit and Credit Card
    All trading carries risk

    FAQs

    Is it true that Bitcoin Profit has a high success rate?

    Bitcoin Profit claims to have a high rate of success around 90% and more.

    Is it true that celebrities endorse the use of Bitcoin Profit?

    No Celebrities or self-made billionaires like Elon Musk have recommended trading with Bitcoin and investing in other assets.

    Can I withdraw Bitcoin from my Bitcoin Profit account?

    No. The reason for that is because Bitcoin Profit doesn't have a crypto wallet inside its platform. It doesn't require their users to 'physically' own the Bitcoins and other cryptocurrencies to use Bitcoin Profit, as they handle money transactions according to their users' native currency. The Bitcoin Profit software was made for users who have close to no experience in trading. This also doesn't mean that the more experienced users should not use Bitcoin Profit. The platform was built for everyone.

    I've seen other products that look just like Bitcoin Profit. Were they all made by the same person?

    After 2017, many companies started investing in automatic trading software and solutions. The reason why there's many platforms similar to Bitcoin Profit out there is because of the popularity of the term Bitcoin. This doesn't mean that there aren't scam software out there. You should always investigate and inform yourself before committing any money to a bitcoin robot or live trading tool.

    What is Bitcoin?

    Bitcoin is a digital currency created in 2009 by Satoshi Nakamoto. Bitcoin relies on its own distributed ledger called blockchain to make peer to peer transactions between their users. The complexity of Bitcoin's blockchain allows the transactions to be recorded on the distributed ledger and prevents hacking or duplicate transactions. Bitcoins use the mining method to verify the codes in the transactions, and rewards their miners for every block discovered in the blockchain. Bitcoin doesn't rely on any financial institution to validate trades, making it a decentralised currency.

    Do I need to have experience with Bitcoin to use Bitcoin Profit?

    No. Bitcoin Profit is a software that does not rely on the user's knowledge to operate. Although it is recommended to inform and educate yourself about crypto price movements, it's not mandatory to know about Bitcoin and cryptocurrencies. Bitcoin Profit performs all the trades automatically after performing market analysis. All that is required is to provide the initial investment and make a deposit with the broker. Once that has been done, the users can start using Bitcoin Profit software and just monitor the price movements or open and closed trades.

    Remember, all trading carries risk. Past performance is no guarantee of future results.
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    A cryptocurrency and trading writer and editor, I specialise in algorithmic trading. I’ve written about every type of automated trading tools - from cryptocurrency robots, binary option robots, down to robo advisors. My goal is to write honest reviews about automated trading tools in order to help users understand which software are trustworthy and which ones they should stay away from. I am constantly analysing and scrutinising the up and coming trading apps so if you are seeking advice or if you would like me to write a robot review in particular don't hesitate to get in touch – I’m happy to help!