Automated or algorithmic trading is becoming more and more popular among cryptocurrency enthusiasts. It’s no surprise as cryptocurrencies have been with us for more than 10 years. During this time, many organizations in the crypto space have created innovative applications.
One of these apps is algorithmic crypto trading services. These applications allow the user to rent crypto bots or robots that will do all the digital currency trading for them. This solution is fully automated, so the user does not have to do anything besides setting up and monitoring the performance of the bots.
Algorithmic crypto trading is a great way to get rid of human errors. Fear, uncertainty, and greed are emotions that can make a trader’s life hard, which can result in losses. After setting them up, the crypto bots use different technical indicators – that are widely used in currency trading – to buy and sell cryptocurrencies. The crypto robot takes advantage of the somewhat high volatility of the crypto market to generate potentially more profits than in the fiat world.
Today, we review Crypto Robot 365, a popular crypto robot trading platform. After a full test and analysis of the service, we have found that this robot is a scam. Instead, we recommend the legit robot Bitcoin Code, where you can actually make real money. In this guide, we’ll explain in detail why you should avoid Crypto Robot 365, as well as run through how to start earning money on the Bitcoin Code software, which has proven to be legitimate. Click here to start.
- 1 What is Crypto Robot 365?
- 2 Why Cryptorobot365 is a SCAM
- 3 Who founded Crypto Robot 365?
- 4 How does the Crypto Robot 365 system work?
- 5 How to place trades on Bitcoin Code?
- 6 Can you make money with Crypto Robot 365?
- 7 The Verdict: new users are unable to use the Crypto Robot 365 app
- 8 FAQ
What is Crypto Robot 365?
Crypto Robot 365 is an algorithmic cryptocurrency trading platform that has been present in the crypto space for quite some time. It has been said that the users of the platform get success rates of over 80% with this app. So, we have become curious and decided to review the platform.
We started our Crypto Robot 365 review by taking a look at the website of the service. When we were there, the operators stated on the Crypto Robot 365 website that their digital currency bots would help users in increasing the returns of their trades. The service supports some of the major coins, including Bitcoin (BTC), Ripple (XRP), Litecoin (LTC), Monero (XMR) and Ethereum (ETH).
Unlike most of the automated crypto trading platforms, Crypto Robot 365 does not promise great returns, such as making $200 every day from an initial investment of $250. Instead, they have created a section at the middle of the Crypto Robot 365 website, featuring the top traders of the month. If you check the page, you’ll see profits of over $4,000 (ranging to more than $8,600) with a win rate of over 80% (a win rate is a percentage of your trades that has resulted in profits). If you want to check more results the platform’s traders have made, click the “Results” tab at the top menu bar. You’ll find them there along with customer testimonials.
Please be careful when you are drawing conclusions from top traders’ results. Every trader is different, and while the same strategy can work in a bull market, it may happen that you will lose money with that in a bear market. Also, please note that algorithmic crypto trading has high risks as cryptocurrencies have a volatile nature, and, unfortunately, some of the organizations in the space are not running legit services. Therefore, you should be extra careful, draw your own conclusions, and trade at your own risk.
Unfortunately, we did not have the chance to test the Crypto Robot 365 app. There was an issue that did not allow us to create an account at the service. The platform asks for your name, email, password, and phone number. You’ll also have to tick the box stating that you agree to the terms and conditions of the service.
When we were done with filling out the form, an error message was shown stating that the country where the phone number belongs is not supported. We tried other phone numbers from other countries from Europe, the US, Australia, and Asia, but the service was not available at any of the aforementioned countries and regions. So, either the service does not accept new users or the operators decided to stop their service temporarily.
We have also analyzed whether the Crypto Robot 365 app is legit. It is a crucial step as we don’t want you to lose any funds to a scam service. Now, let’s see why is this step super important when we are talking about a service or product in the crypto space, how you can spot scams, and whether there is a Crypto Robot 365 scam.
As scammers are hardly targeting the cryptocurrency space, you’ll have to be extra careful before you start using a service. Caution becomes more important when you are looking into the industry of crypto robots. Unfortunately, many of the bot platforms want to steal your funds instead of providing you a legit service.
You can spot a scam pretty easily. It is a skill you need as the crypto space is full of such fraudulent services. Before you start using a service, the first thing to check is that they have a contact page, an address, and a company name. If they are a legit organization, you can continue with your research on the service. If any of the aforementioned details are missing, avoid the platform at all costs! Continue your research with checking for feedback, ratings, and reviews on social media and trusted third-party review sites. If the operators a service are scammers – in case they had success with their “operation” -, plenty of victims have already posted about the issue on the aforementioned websites.
But worry no more! We’ve created this Crypto Robot 365 review for you to analyze whether the algorithmic crypto trading platform offers a real service.
So, is Crypto Robot 365 legit? As we are on the Crypto Robot 365 website, we can see that the service is operated by a real company, Trident Trust Company that is registered in Seychelles. Therefore, the organization is regulated by the Seychelles Financial Services Authority. Furthermore, unlike some of its competitors, Crypto Robot 365 does not have any promises (e.g., “You’ll make $200 a day with an initial investment of $350). Instead, the operators of the cryptocurrency bot platform posted the results of their top users as well as some customer testimonials.
As mentioned before, we couldn’t test the Crypto Bot 365 app itself as the platform did not allow us to create an account. So, we couldn’t dig deeper in our research whether Crypto Robot 365 legit. We can’t say either that the service is legit or scam for sure. What we see on the algo crypto trading bot’s website seems legit. However, to be sure, we would need to test the platform of the service.
We know only one thing for certain: the website did not allow us to create an account, stating that our country (and the ones we tested) is not supported. We will check back, later on, to test the service whether this issue has been solved. If we can do a Crypto Robot 365 sign-up then, we’ll draw our conclusions from analyzing and testing the platform. Therefore, we’ll update this review accordingly.
Why Cryptorobot365 is a SCAM
- We couldn’t test the Crypto Robot 365 app as the service did not allow us to create an account.
- We can’t determine whether the service is legit or scam.
- We recommend using a top-tier algorithmic crypto trading service, Bitcoin Code, instead.
- You can check out Bitcoin Code at this link. If you need more information on the service, check the step-by-step guide in this article.
Who founded Crypto Robot 365?
We don’t know the exact person or persons who have created the Crypto Robot 365 system. However, by analyzing the information on the website, we learned that the service is operated by the Trident Trust Company in Seychelles. There is a chance that this company have founded the platform, but we have no proof for that in the current moment.
According to the Crypto Robot 365 website, the algorithmic cryptocurrency trading solution was launched in August 2016. And at the moment it has about 1,000 customers.
How does the Crypto Robot 365 system work?
Crypto bots work the following way. You fund your account with money and wait until the deposit arrives. As soon as your account has the required cash flow, you can start trading. Firstly, you need to set up up the bot. Most of the automated cryptocurrency trading platforms do not require you to do anything besides selecting the coin you want to buy or sell and turning the bots online. After that, you’ll have to sit back and relax, monitoring the performance of the robots.
According to the Crypto Robot 365 service, this service works the same way – in theory. However, as we mentioned before, the website of the digital currency bot did not allow us to create an account at the service. Therefore, we do not have access to the Crypto Robot 365 app. As we couldn’t test the crypto bot, we can’t say anything about how the app works in practice.
As you are unable to create a Crypto Robot 365 account, we’ve created a step-by-step guide for another service: Bitcoin Code. The aforementioned crypto bot is our top-rated service as well as the best performer from all the automated digital currency trading solutions we tested. In our guide, we will guide you through the processes of creating an account and funding it, using the demo trading platform as well as setting up and trading via your algorithmic crypto trading bot at Bitcoin Code.
Can you make money with Crypto Robot 365?
At the current moment, you can’t make any profits with the Crypto Robot 365 app. The reason for that is an error related to the country restriction of the platform, which prevents new users from creating an account at the service. Before the error has occured, it may possible that the customers of the crypto bot solution were able to generate profits using the platform. We are waiting for the Crypto Robot 365 sign-up bug to be fixed. Then we’ll create and account and analyze whether we can make money with the algorithmic cryptocurrency trading service.
The Verdict: new users are unable to use the Crypto Robot 365 app
So, we have reached the end of our Crypto Robot 365 review. Now, let’s see what’s our take on the crypto bot platform. First of all, the website of the Crypto Robot 365 app seems legit. It seems that the site does not contain unrealistic promises and fake information. So, the Crypto Robot 365 website is okay. On the flip side, the platform of the service is out of order as there is an issue with the registration process that prevents new users from signing up. This error could be either intentional – so the operators do not want new users at the moment – or unintentional. All in all, we hope that the creators will discover and fix this issue ASAP, so we can test the performance of the platform’s crypto robots.
We think the service is not a scam, but we don’t have proof for that as we did not see the bots in live action. None of the TV shows – including Dragons Den, This Morning, and Shark Tank, nor Peter Jones and Elon Musk mentioned (officially) the algorithmic crypto trading solution. So, when you see something like that, be very careful.
Instead of using Crypto Robot 365, sign up for a top-tier service: Bitcoin Code. You can find our step-by-step tutorial on the platform by reading back in this article.