In this review, we discuss a trading software called Bitcoin University. Bitcoin University is a self-acclaimed online training school that teaches its members everything to know about Cryptocurrency. Created by a self-proclaimed cryptocurrency expert called Brian Hawkins, Bitcoin University requires a minimum of $100 investment to make a minimum of $2,000 profit on the first daily trade and higher profits in subsequent trades. Is this a scam? YES, IT IS! However, we advise our readers to trade with Bitcoin Lifestyle instead.
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Is the Bitcoin University a Scam? YES!
Extensive research on this exclusive software birthed the following observations:
From all indications, InsideBitcoins can authoritatively confirm that Bitcoin University is a scam. Most people who got acquainted with this fraudulent trading software did so via emails sent asking them to join an online school where they would learn the rudiments of cryptocurrency and as well make thousands of dollars daily. Some, however, got to know about the software through adverts. Cryptocurrency trading and investment is sure a cool way to earn more money with the exponential rise in the price of Bitcoin being witnessed every time.
However, is Bitcoin University really a trading tool or just a software built to steal funds? Having done a lot of research, it was observed that this software is not what it claims to be. A quick observation would suggest that this software is legit but in actual sense, it is not. Appearing on the homepage of the web platform reads this enticing note “Here’s how to earn $86,931.48 in only 30 days and at least $2,000 in your first daily trade “. This seems exciting, right? But, truth is, it is another scam creamed up with sweetness.
Bitcoin University exists in two forms. There is a part which promotes the educational aspect (i.e. investment course) of the software to lure unsuspecting individuals and there’s the part that promotes the software claiming the software has an inbuilt algorithm which analyzes and makes accurate predictions about tokens in the market hereby giving profitable trading signals. Brian Hawkins, who is the mastermind behind this program claims that by reading his course, anybody can sure well know how to optimize his/her trades. He boasted saying anyone who reads and studies his educational materials can turn a $100 investment to tens of thousands of dollars.
What is Bitcoin University, and is it a Scam?
In a calculated attempt to scam people, Bitcoin University claims two positions. One as a Cryptocurrency trading and investment educational platform, and as a trading software that can help people trade. On the homepage of the website, the platform claimed that registration would be up only for a few days to give access to a few and close the portal thereafter. But, in actual sense, this is only a marketing gimmick as the website is still up and running days after. This is an old time trick of cajoling people to register but it wasn’t working. Of a truth, if the software is working perfectly as acclaimed, its inherent members would personally refer the program to more people to sign up.
A lot of evidence confirms that this software is nothing short of a scam. Starting from the video, one would expect the video to contain tangible information about the software and how the trading strategies work but rather, it was just a recording of internet actors put together to speak generally about Bitcoin suggesting that after signup, the users would have access to the educational materials for free. Personally, lack of transparency is a big sign that a program is shady and this is exactly what Bitcoin University portrays by not explaining how its trading process works.
In like manner to other fraudulent software such as Crypto GPS and Crypto Genius, Bitcoin University is another fraudulent one should be wary of. Running a check on the domain name of the web platform to find out information about the owner of the platform, it was observed that these details were kept on private. Also, the picture used as the founders’ doesn’t have any link to any existing human. This goes to explain further that the software is a scam. This program is set up by scammers who seek to take advantage of the cryptocurrency boom to fill their pockets. Bitcoin University is a SCAM!
Who founded Bitcoin University?
This program was founded by an unknown identity called Brian Hawkins. He is supposedly an experienced Cryptocurrency trader who wants to teach others how to earn via investment trading. Running a background on this personality, no information was found on the internet about this man. This goes to indicate that this identity is fake. The name had no link to anyone neither does the image. In the video, the characters used are internet actors. So, the whole Bitcoin University program is a scam put together by thieves to rip people off their hard earned money.
The Signup, deposit, and trade process on Bitcoin University
As a new user on the Bitcoin University platform, there are four key phases on the website. First is the registration process. Situated on the right hand of the home page of the platform, the registration form can be completed in three steps. The first step requires the user to input First Name, Last Name, and Email Address. In the second stage, a password would be required of which Password is not less than 6 characters consisting of alphanumeric characters. Lastly, phone number would be needed. After all of this has been inputted, click Earn Your First $2000 here to finish registration.
After registration, the web browser redirects to a page where a broker would be attached to the account. As should be guessed, the broker is an unlicensed one. So, the user would be asked to make payment using on this broker site using different payment methods. Ultimately, the platform wants every user to use their Credit Cards for payments. Thus, after the payment is made, unbeknownst to the user, the fund deposited is the fraudsters account but as usual, it would reflect on the account that the money has been deposited and the user can start trading.
Having traded some cryptocurrency tokens, it would be observed that the software keeps churning in profits. However, this is where it now becomes obvious that Bitcoin University is a scam. After initiating a withdrawal request on the account, the request can go unattended to for weeks and the profits keep coming in. In case of complaints, sending a message through the Contact Us link to Bitcoin University is a dead end. This goes to validate that the software is a big scam as its trading processes are shady.
Have people made money with Bitcoin University?
From our research, there is no concrete information suggesting that people have made money with this software. The only positive testimonials about this automated trading software are only available on its web platform. If people have made money using this software, there would be a concentrated number of reviews on the internet just like Bitcoin has many proponents even as a new innovation. However, instead of having testimonials of people who have made money with this software, the reviews spread across the internet are negative. This goes ahead to assert that Bitcoin University is not a reliable software. Rather, it is a SCAM!
Despite the presence of several fake cryptocurrency trading robots across the internet, there are still quite a few that are trustworthy which can be used to trade cryptocurrencies and make real-time money. Examples of such trading robot is:
Bitcoin University Review: The Verdict!
We have reviewed this software and check out all its loophole to clarify it is a scam. This software is not a recommendable app in any respect. It has no official database, it has no known founder, and there is no credibility to the trading strategies it employs to trade. Thus, our stand still remains. Bitcoin University is a scam trading software.
Are Credit Card payments safe on exchanges?
This is not an advisable way of making deposits on exchanges presently as there are exchanges that have access to card’s private information upon using it to make payments on their platform.
Are cryptocurrency trading software operations regulated?
No, their operations aren’t regulated by any government agencies.
How advisable is it to trade using automated trading software?
It is very advisable. Just make sure you are trading with real software.
Are there any other trading robots that can generate real profits? If Yes, name them.
Yes, there are other trading robots that can be used for real trading. Example of such robots is Bitcoin Compass, Ripple Code, Bitcoin Profit, Crypto Revolt etc.