As cryptocurrencies have been with us for over ten years, organizations and crypto enthusiasts have developed plenty of applications in this space. This ranges from wallets, exchanges, trading platforms and bitcoin robots. One of these robots is Bitcoin System. We decided to test it to find out whether it is legit or a scam. The test revealed that the robot is a scam so our suggestion would be to trade with reliable and trustworthy robots like Bitcoin Trader. Read on to find out why you should stay away from this robot, and how to find a legit robot to make you solid profits.
Is the Bitcoin System a scam? YES!
- We couldn’t test the crypto bots on Bitcoin System as the site can’t be reached. Therefore, we couldn’t verify the success rate of the platform’s bots.
- We can’t determine whether Bitcoin System is a scam crypto robot platform as we were unable to find the website.
- InsideBitcoins recommends that you try the Bitcoin Trader software or Bitcoin Loophole instead, which can generate real profits. We recommend an investment of $250 on this platform
- To start trading with Bitcoin Trader, click here, or read further to see the exact instructions on how to use the platform.
What is Bitcoin System, and is it a scam?
Bitcoin System is an app that utilizes bots to trade cryptocurrencies automatically. Bots like this one usually claim to be ahead of the market, which gives them an advantage and a high chance of guaranteeing profits. They are programmed based on complex algorithms that allow them to analyse financial news and the market within fractions of seconds. They will then automatically place the most profitable investments for you. The platform basically uses a technology that cuts out human error completely. Most robots promise success rates of over 90% and for some of these robots, the promises are realistic, for others, they are not. That is why we wanted to test Bitcoin System.
So we took a look at the Bitcoin System website but we were unable to access it. The Bitcoin System website seems to be currently unavailable, perhaps for maintenance reasons.
In case the site is under maintenance, we believe that it has left either the bitcoinsystem.com or cryptosystem.com domain. In case of a re-launch, we have reason to believe that the Bitcoin System app will migrate to another website than cryptosystem.com or bitcoinsystem.com.
Given that the risks of putting your money in the hands of scammers is fairly high, particularly if you are an inexperienced user, we are testing and reviewing robots like Bitcoin System to find out whether they are trustworthy trading platforms. Even though we were unable to properly test the robot due to the fact that the official website is unavailable, we are fairly certain that the robot was a scam.
Who founded Bitcoin System?
As we can’t access the Bitcoin System website, we don’t know the person or persons who have created the crypto robot platform.
How does the Bitcoin System app work
Bitcoin System should work like most of the algorithmic coin trading apps that utilize crypto robots to do all the trading for the user. These systems work as follows. You register to a service, if it is applicable, you verify your account. After that, you need to fund it with money. Not all services have the same pricing models. For some, you usually have to pay a flat fee every month to keep your account on the platform where you can use the bots to trade cryptocurrency. For others, you have to rent the bots that do the trading for you. There’s also another pricing model that is popular at companies who have issued tokens during an Initial Coin Offering (ICO). For these services, you have to buy the native token of the service, and hold a certain amount to use different bots and/or features on the platform.
If you are ready to pay these fees, you can set up the bots. After you are done, you don’t have to do a thing other than waiting and hoping that your balance will increase.
Unfortunately, as we don’t have access to either the Bitcoin System app or the Bitcoin System website, we can’t tell you anything about how this service in particular actually works. In case the operators of the service re-launch their platform, we’ll create a Bitcoin System account to test the crypto bot, and will update this review accordingly.
In the next section, we have compiled a step-by-step guide for a trustworthy crypto robot platform. However, as we were unable to create a Bitcoin System sign-up, we decided to show you how to sign up on Bitcoin Trader, a robot that we consider to be legit and reliable. Like Bitcoin System, it is an automated cryptocurrency robot we have reviewed. Our step-by-step Bitcoin Trader tutorial will guide you through the processes of creating an account, testing the robot via the demo trading platform, depositing funds, and using the live trading platform.
Can you make money with Bitcoin System?
At the moment, you can’t make profits with the Bitcoin System app as the website of the service is down. We have searched everywhere, but we were unable to find the domain Bitcoin System is using. Before the website was down, it may have been possible to generate profits with the crypto robot platform. However, we can’t verify this information until the site gets back up.
Just forget about Bitcoin System. Even though Bitcoin Trader is a great option and you will definitely make profits on it, you can also try Bitcoin Profit or Bitcoin Revolution. We have tested both robots and have found them to be as reliable and accurate as Bitcoin Trader. Of course, no matter what platform you decide to trade on, a risk of losing part or all of your funds remains and it often does not depend on the accuracy of the software you are using but on the high volatility of the market. So, even if you are trading on the best platform, some changes in the markets are totally unpredictable and can result in a loss of money. Despite this though, trading with an accurate and trustworthy robot will definitely improve your chances of profits.
Like many other auto trading robots out there, this one guarantees significant profits in little time. Based on our tests of robots like this one, that is not true in most cases, but for Bitcoin Revolution, we did make great profits.
- It is a legit robot.
- You can actually make more than $1,000 daily.
- You have the possibility to try a demo account first.
- The web is full of user reviews claiming they have made profits on this robot.
- Have a look at our robot review if you want to know more about Bitcoin Revolution.
We have found Bitcoin Trader to be another profitable robot with a very high accuracy. During our test of the robot, we made significant profits even though it was not as much as they promised. Such high returns can only be seen with high investments.
- The trading platform is suitable for both novices and advanced users.
- It is transparent about the risks linked to crypto trading.
- Trading in demo mode mode is an option.
- The robot is over 90% accurate.
- Check out our Bitcoin Trader review to find out more the robot.
As we have mentioned already, you do not have to trade on these robots in particular. There are other robots that we consider to be reliable. The ones we mentioned however, are highly reliable and trustworthy and investing on them would definitely be a good idea. There are a couple of things to remember whenever you are trying to find out whether a robot is reliable, especially if you are a beginner and are new to this world.
So, we have given the Bitcoin System system the worst rating we could give. As mentioned before, the reason for this is insufficient information on the service and the fact that users are unable to trade via the Bitcoin System app. They can’t create a Bitcoin System account either, which is really bad since the users can’t even test the demo trading platform of the service – as well as no access to basic information on the website. There may be a time when the service re-launches. If that happens, we’ll create an account at the service, and we’ll analyze and test it, then update this Bitcoin System review with the new information as well as our take on the crypto bot. Meanwhile, we recommend checking out the Bitcoin Trader app as a trustworthy crypto robot platform. Robot Minimum Deposit Demo Option Trade $250 Yes $250 Yes
Bitcoin System Review: the Verdict!
So, we have given the Bitcoin System system the worst rating we could give. As mentioned before, the reason for this is insufficient information on the service and the fact that users are unable to trade via the Bitcoin System app. They can’t create a Bitcoin System account either, which is really bad since the users can’t even test the demo trading platform of the service – as well as no access to basic information on the website.
There may be a time when the service re-launches. If that happens, we’ll create an account at the service, and we’ll analyze and test it, then update this Bitcoin System review with the new information as well as our take on the crypto bot.
Meanwhile, we recommend checking out the Bitcoin Trader app as a trustworthy crypto robot platform.