If you have been into automated crypto-trading for long, it is highly likely that you have stumbled upon Crypto Shield. This trading bot has been around for almost two years now and has become famous for all the wrong reasons. InsideBitcoins investigation confirms that Crypto Shield is a scam.
In this review, you will learn why you should keep away from this bot and also get recommendations for proven bitcoin trading robots such as the Bitcoin Loophole, where you can trade below. Read on to find out why you should stay away from Crypto Shield.
- 1 Is Crypto Shield Scam? Yes!
- 2 What is Crypto Shield?
- 3 Who Founded Crypto Shield?
- 4 Why is Crypto Shield a scam?
- 5 Crypto Shield scam Signup Process
- 6 Crypto Revolt
- 7 FAQ
- 8 Is Crypto Shield Legit?
- 9 Is Crypto Shield safe?
- 10 Is Crypto Shield a pyramid scheme?
- 11 How much can I make with Crypto Shield?
- 12 How do I determine a legit trading robot?
- 13 What robots do you recommend?
Is Crypto Shield Scam? Yes!
InsideBitcoins determines a legit trading robot by its consistency in performance, online sentiment, ease of use, safety and customer service. Our investigations reveal that Crypto Shield is highly unreliable and unsafe. Most people who have tried this robot have lost their money. Their customer service is pathetic and won’t help you especially if you want to withdraw your deposit.
InsideBitcoins has determined that Crypto Shield customer service only responds to questions related to deposits. Once a user makes a deposit, they are likely not to get any help from them. Perhaps this is because their primary goal is to run away with deposits. As mentioned earlier, most Crypto Shield partner brokers are unregulated and have all the characteristics of a scam.
What is Crypto Shield?
Crypto Shield claims to be a trading robot with a potential of making thousands of dollars in profits per day. InsideBitcoins has determined that these claims are nothing but lies. Crypto Shield is a big scam aimed at stealing from investors by tricking them into signing up with sham offshore brokers.
Our analysis of online reviews reveals that the majority of those who have tried this trading bot have lost their money. Apart from having an accuracy level below 10 percent, Crypto Shield does not refund deposits. Once you deposit with them, you have zero chances of getting your money back. We found many complaints about deposits being wiped out in the first few minutes of trading.
There are also several complaints about the trading bot switching itself on into live trading. In our view, there is a high likelihood that Crypto Shield does not have any underlying trading technology. There is a high possibility that they do not have an algorithm in place. Perhaps what they provide is a user interface to trick investors into believing that they do have legit trading robots.
We cannot repeat enough on the need to keep away from this trading bot. Browse through our website for tested and proven trading bots.
Who Founded Crypto Shield?
Crypto Shield is said to have been founded by a person called Antony Hopkins. Our investigation reveals that these are blatant lies. The photo of Hopkins as provided on their website is from stock images. We can confirm that there exists no such person in connection to this trading bot.
The fact that this Crypto Shield is willing to lie about its founder is enough evidence that it is a scam. InsideBitcoins investigation has also determined that this trading robot has no backing team. There is also no physical office or a traceable phone number. This means that there is no way for users to hold them accountable when they disappear with deposits.
While not all legit trading bots reveal about founders, only a scam robot would lie about the same. Also, legit trading robots are likely to provide details about the supporting team, physical location and also a traceable phone line. All the trading bots in our recommended list have been proven to be legit. Read our review of Bitcoin Code, a top trading bot in our list for the best bots in 2019.
Why is Crypto Shield a scam?
Crypto Shield scam Signup Process
The signup process with this scam trading bot involves filling a form on their homepage and making a deposit of $250.
InsideBitcoins investigation reveals that this trading bot is a scam and you should stay away from it. As mentioned earlier in this review, the majority of people who have tried Crypto Shield report losing their deposits.
This trading bot is highly inaccurate, and they do not have a money back guarantee. Moreover, the information provided on their website is false. Also, they appear to share users’ data with third parties hence exposing them to cyber attacks. Legit trading bots have policies in place to protect users’ data.
Is Crypto Shield Legit? The Verdict!
Crypto Shield is a scam trading bot, and you should stay away from it. Our investigation reveals that this platform is used as bait by scam brokers to get deposits from unsuspecting investors. InsideBitcoins investigation shows that most of the information on this trading robot website is false. The testimonials and images are all from the internet. Crypto Shield has a reputation of disappearing with users’ deposits.
For those who opt to trade with their platform, it takes a few minutes for their accounts to get wiped out. We suspect that Crypto Shield does not have any trading technology and their platform is nothing but a frontend aimed at tricking investors into signing up. Click the button below to read our review of legit trading bots.
Is Crypto Shield Legit?
No! InsideBitcoins has determined that Crypto Shield is a scam trading bot. Read the reviews of the alternative robots provided above to learn more about legit robots.
Is Crypto Shield safe?
Crypto Shield shares users’ data with third parties and is therefore not safe. You will receive a lot of unsolicited offers from scam offshore brokers if you sign up with them.
Is Crypto Shield a pyramid scheme?
Crypto Shield is worse than a pyramid scheme. This platform is bait for scam brokers to get you to sign up with them.
How much can I make with Crypto Shield?
You stand no chance of making any money with this trading robot. Most people who have tried Crypto Shield report losing money. Your account is likely to go to zero in the first few minutes of live trading.
How do I determine a legit trading robot?
Read our main robot page to learn about what to look for when determining a legit trading bot. The alternative bots provided in this review are verified to be legit regarding transparency, reputability, consistency, ease of use and customer service.
What robots do you recommend?
InsideBitcoins recommends that you start with well-established robots such as Bitcoin Code, Bitcoin Revolution, and Crypto Revolt. Follow the links provided in this review to sign up with them.