BTC Prestige Review: Scam or Legit Trading Robot?Author: joe mauriceLast Updated: 17 July 2020BTC Prestige claims to be a bitcoin trading robot with a 92% win rate. According to their website, traders make an average daily profit of $2k per day using this robot. The platform also claims to offer forex and CFD trading. But is BTC Prestige a scam or legit robot? InsideBitcoins investigation finds this platform to be highly suspicious. There is a high likelihood that you will lose money if you deposit with them.Our investigation includes a live test and also an in-depth analysis of users’ reviews. Like all scam bots, BTC Prestige operations are shrouded in mystery. They do not disclose anything about the logic behind their trading technology. Likewise, they reveal little about their founders and legal registration. This is typical of scam trading robots. Keep reading to learn more or click the “trade now” button in the table below to start trading with a tested and proven robot.RobotRatingPropertiesTrade1 Free to use82% claimed win-rate$250 Min DepositAccepts Debit and Credit CardTrade Now All trading carries riskOn this Page:Is BTC Prestige a scam? Yes! InsideBitcoins gives BTC Prestige a legitimacy score of 15% – Legit bots must score above 70% BTC Prestige has a zero percent accuracy – Most people who try it report making consistent losses This platform operates in cahoots with scam and unregulated brokers – InsideBitcoins could not verify their existence BTC Prestige is not transparent – We found a lot of blatant lies and inconsistencies on their website Keep reading to learn more about this robot or read our Bitcoin Loophole review for a legit robot.InsideBitcoins investigation reveals that BTC Prestige is a scam. People who try it end up losing money. You won’t make any profits through this robot, and they won’t allow you to withdraw your deposit. Our live test shows that it takes less than an hour to blow a trading account with a deposit of $250. We are convinced that just like most scam robots, BTC Prestige reports predetermined results.Also, as mentioned in the intro, this platform is not transparent. Also, Crypto Advantage does not reveal crucial details such as their legal registration and pricing mechanism. Furthermore, we have determined that the testimonials on their website are fake. The images used for the reviewers’ profiles are downloaded from stock image sites. If you have been reading our reviews, you will realize that this is typical of most scam platforms.When it comes to accuracy, BTC Prestige is among the worst. Their platform reports losses right from the beginning to the end. As stated earlier, there is a high likelihood that it is set to make predetermined losses. Keep reading to learn more about BTC Prestige or read our Bitcoin Robot review to learn more about robots like Bitcoin Profit.What is BTC Prestige?BTC Prestige is a scam platform that masquerades as a legit bitcoin trading robot. InsideBitcoins investigation reveals that this platform does not have real trading technology. What they present is nothing but a webpage with features similar to an actual web trader but without the underlying technology. Further research shows that the brokers listed as their partners do not exist. This means that all money deposited through this platform goes straight to the founding scammer.The scammers behind this platform use unscrupulous marketing techniques to reach out to potential depositors. You are probably here because you have received a spam email asking you to sign up with this platform for a life-changing opportunity. BTC Prestige mostly targets inexperienced traders. Their marketing approach primarily includes stories of people who have come from rags to riches by trading with the bot.BTC Prestige also falsely associates itself with celebrities and mainstream media. While they do not directly claim being endorsed by Bill Gates, they seem to suggest so through their website. It is typical of scam trading robots to associate themselves with notable people and media. InsideBitcoins recommends that you always carry out enough due diligence before signing up with any robot. All the robots recommended in our reviews are tested and proven to be genuine. Read our Bitcoin Trader review for a legit trading bot.How BTC Prestige worksAs mentioned severally in this review, BTC Prestige is a scam. Traders who sign up with them lose money. This platform not only makes consistent losses but steals your deposit if you opt out before your account is wiped out. InsideBitcoins investigation reveals that the brokers listed as BTC Prestige partners do not exist. This means that deposits go straight to the scammer or scammers behind the platform.Scam robots usually operate alone or in collaboration with unregulated brokers. These brokers are responsible for receiving deposits and handling customer services. The scammers behind the robots receive a commission for every referral made through their platform. Moreover, most scam robots are marketed by unscrupulous affiliates who receive a cut of your deposit when they trick you into signing up. These affiliates are likely to use all forms of trickery to get new signups. InsideBitcoins recommends that you always do enough due diligence before depositing money with any robot.Robo trading involves computer algorithms scanning crypto markets big data for insights and automatically executing trades. Trading algorithms tend to be more accurate than human traders given their ability to analyze massive data. They are also super fast, making it possible for traders to capitalize on every trading opportunity. Top trading robots such as Bitcoin Code and Bitcoin Lifestyle apply sophisticated technologies such as AI and Machine Learning to improve accuracy. Read our Bitcoin Code review for a legit top ranking Bitcoin robot.Why you should not sign up with BTC PrestigeBTC Prestige is a big scam, and you should stay away from it. Our live test shows that it takes approximately 55 minutes to blow up an account with a deposit of $250. The majority of individual online reviews show that users lose their entire deposit within an hour of live trading.We are 99.99% convinced that BTC Prestige does not have any trading technology. Most scam robots present a cleverly built webpage to get unsuspecting users to believe that there is live trading involved. The truth of the matter is that the scammers who operate the platform do not provide any trading. Their webpage is nothing but a tool to bait unsuspecting traders into deposing money with them. Here are some other reasons as to why you should keep off this platform.Unsafe signup processFor a robot to qualify as legit in our reviews, it must take users safety seriously. Legit trading robots provide safe trading platforms and have well-defined data protection policies. Scam robots, on the other hand, pay little attention to users’ cyber safety. These platforms are likely to sell or share users’ data with third parties without the permission of data owners. Likewise, they are less likely to invest in website and trading platforms safety.BTC Prestige is no exemption. The scammers behind this platform appear to share users’ data with third parties. There are a lot of complaints about people receiving spam emails and calls after signing up with this platform.Zero profits/no money back guaranteeBTC Prestige is a scam, and you stand no chance of making any money through it. An in-depth analysis of individual reviews reveals that traders lose their entire deposit within an hour of trading. A closer look at their trading platform shows that it is set to report predetermined results. Most scam robots usually do not have any underlying technologies.Also, BTC Prestige does not refund deposits. Once you deposit with them, you cannot get your money back. This is not unexpected with scammers. The main goal of BTC Prestige is to steal deposits. Like other scam platforms, BTC Prestige customer service does not respond to inquiries unless they relate to how to make a deposit.Fake live trading platformBT Prestige web-trader is highly likely to be a fake. Our investigation does not find any evidence that there exist any algorithms behind their web-trader. Scam trading platforms are known to trick traders with a webpage that looks like a real platform. BTC Prestige platform is likely to be a fake because most people who try it report similar results.A parallel live test on the platform reveals that all trading accounts receive losses in the same frequency despite having a different trading strategy. InsideBitcoins recommends that you only trade with a robot with proven profitability. Read our Bitcoin Trader review for a legit trading bot.BTC Prestige: Key FeaturesZero ProfitsZero ProfitsBTC Prestige is a scam, and you won’t make any profits through it. InsideBitcoins investigation shows that it takes less than an hour to blow a trading account through this robot. Moreover, we have determined that they do not have any proprietary trading technology. Their trading platform is nothing but a webpage meant to trick traders into believing that they are participating in real trading. This is a common trick among scam trading bots.Unsafe VerificationUnsafe verificationBTC Prestige verification process is not secure. Hackers can copy any data submitted through their website and web-trader. Their website and the trading platform lacks encryption. This means that cyber attackers can intercept traffic and read the data provided through the platform including billing details. As mentioned earlier, BTC Prestige doesn’t have a defined personal data protection policy. This is typical of most sham trading platforms.No WithdrawalsNo WithdrawalsThe goal of the scammers behind the BTC Prestige platform is to steal deposits. This means that you won’t make any profits through the platform. Our investigation shows that those who attempt live trading through the platform lose their entire deposit in less than an hour. Moreover, they won’t allow you to withdraw your deposit if you opt out before your trading account goes to zero.Poor ReputationPoor ReputationScam robots tend to have a lot of negative reviews. InsideBitcoins recommends that you stay away from robots with generally negative reviews. Also, avoid those with few but perfect reviews since they are likely to be fake. Most people who try BTC Prestige report losing money. There are also a lot of complaints about this robot using deceptive marketing. A good number of reviewers report receiving spam emails requesting them to make additional deposits. There are also complaints about BTC Prestige sharing users’ personal information with other scammers.Poor Customer ServicePoor Customer ServiceBTC Prestige only provides email as the channel of communication. Our live test shows that their customer service is mostly unresponsive. You will only receive a reply from them if you are enquiring about deposits. Like most scammers, they are likely to block you if you insist on making a withdrawal.Fake BrokersFake brokersInsideBitcoins can confirm that all the brokers listed by BTC Prestige as partners do not exist. This means that all deposits go straight to the scammer behind this platform. We recommend that you stay away from this robot. Read our review of Cryptosoft for a legit trading bot that only partners with top ranking and well-regulated brokersIs BTC Prestige a Scam? The Verdict!BTC Prestige is a big scam. Traders who try this robot end up losing money. The scammers behind this platform mostly reach out to potential victims through spam marketing. Once you deposit money with them, they redirect you to a fake web-trader that reports predetermined losses. BTC Prestige does not refund users trading capital. Once you sign up with them, consider your money as lost. InsideBitcoins conducts rigorous research to help you identify legit robots. Click the ‘trade now’ button in the table below to start trading with a legit robot.Remember that all investment opportunities carry a certain risk. This especially applies to cryptocurrencies, which are still relatively young in the financial markets.FAQIs BTC Prestige a scam? Yes! BTC Prestige is a big scam, and you will lose money if you sign up with it. InsideBitcoins investigation reveals that most people who try this bot end up losing money. Our live test shows that it takes less than an hour for an account with a deposit of $250 to go into negative.How much should I deposit with BTC Prestige? Do not deposit any money with this platform. Our investigation reveals that it does not have any underlying proprietary technology. This means that it is a fake and you will lose money if you try it.How much can I make with BTC Prestige? You won’t make any money with this platform. Our investigation shows that you will experience consistent losses. There is no real trading involved, and the main goal of the scammers behind the platform is to steal your deposit.Can I withdraw my deposit? No! InsideBitcoins investigation reveals that the scammers behind the platform do not allow users to withdraw their money. This is typical or most scam trading robots.