Crypto trading bots scams are on the rise since the meteoric rise of crypto in 2016. Most of these scams claim to be trading robots with the potential to make thousands of dollars per day from a small deposit of $250. The truth of the matter is that they are scammers that will disappear with your money if you deposit with them. Crypto Trixi appears to be one of these scam robots.
Based on our test of the Crypto Trixi app, we can confidently say that it is a fraudulent platform. There are much more reliable and trustworthy platforms out there. For instance, Bitcoin Revolution has a proven track record and great individual consumer reviews.
You can try Bitcoin Revolution through the link below or keep reading to learn more about the Crypto Trixi scam.
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Is the Crypto Trixi robot a Scam?
What is Crypto Trixi, and is it a scam?
Crypto Trixi App is allegedly a piece of trading software designed to help users’ trade cryptocurrencies. Generally, platforms ride on asset volatility with an alleged high accuracy thanks to the algorithms they rely on. Leading robots such as Bitcoin Revolution are capable of automatically analysing changes in the market and financial news and placing corresponding trades. Crypto Trixi rides on these claims to defraud investors their hard-earned money.
This robot claims to operate under Crypto Trixi limited, a company with headquarters in St Vincent and the Grenadines. A background search reveals that there exists no such company, and the listed address does not exist. Everything about this robot seems phoney, including its website. As mentioned earlier, the site keeps disappearing as is typical of all scam robots. Do not put your money in Crypto Trixi. Instead, read our top bitcoin robots 2019 review for legit robots.
How does the Crypto Trixi scam work?
Crypto Trixi claims to use powerful algorithms to scan the bitcoin market for trading signals. However, we found no evidence to support these claims. At least 99% of users who have reviewed Crypto Trixi report that it is a scam. The scammers behind this platform work in cahoots with fraudulent offshore brokers. These brokers receive deposits on behalf of this scam robot and share it with them. Meanwhile, the trader is tricked into believing that their money was lost during genuine trading.
Generally, trading robots require a minimum deposit of $250. The likes of Bitcoin Revolution and Bitcoin Trader are alleged to turn the minimum deposit to over a thousand dollars in less than 24 hours of trading. It is worth noting that trading robots performance is dependence on the current market conditions. Any platform that guarantees you a fixed return is therefore lying.
Why you should not trade with Crypto Trixi App
Can you make money with the Crypto Trixi Robot?
It is, of course, impossible to make profits on the Crypto Trixi robot since it is a fake platform. We suggest that you keep off this platform and instead try Bitcoin Revolution, a tested and proven robot. We have tested this robot and found it to be easy to use. It also has excellent reviews on performance, safety and customer service.
You can go straight to Bitcoin Revolution website through this link. Please note that this robot is only available in select countries. You can try Bitcoin Trader, another tested and proven robot if Crypto Trixi is not available in your country.
How to identify a legit robot
Keep in mind that these are not the only robots that we consider to be profitable, but they are some of the most popular bots in the market. You can read about other legit robots by visiting our main bitcoin robot page. The following are tips to help you differentiate legit robots from the fake ones.
Look for good review pages
Whenever you are looking for a reliable robot, the best thing to do is to first look for a good review page. The review pages online have conflicting information about trading platforms, so you should find a website you trust and stick to it whenever you are searching for information on crypto trading. Of course, the task may not be as simple as it sounds because it is hard to tell which ones are the trustworthy review pages, but we suggest spending some time doing your research on it.
Look for the creator’s identity
If you find a robot but are unsure whether or not it is trustworthy, an excellent way to find out is to look for the creator’s identity. First, look on the official website of the robot, and if you do not find anything, try and look elsewhere online. If you find out this information, it probably means that the creator has nothing to hide and has no need to protect their identity, and that is a good sign of the robot’s legitimacy.
Try the demo account first
Most of the reliable robots offer the option to try demo trading before you deposit real funds into your account. Whenever a demo option is available, it usually means that the robot is relatively transparent in its proceedings. Some scams do not offer demo accounts because they try to force you into depositing real money in your account right away. When demo trading, you get the chance to see how the trading space functions. We suggest that you do not deposit funds into an account that you have not tried first.
Check for risk disclaimers.
We recommend looking out for risk disclaimers when you run into a new robot page. If the robot is a scam, the disclaimer regarding the risks associated with crypto trading will probably be hidden. If the disclaimer is in plain sight, it probably means that the robot has good intentions.
Crypto Trixi App: the Verdict!
The Crypto Trixi App appears to be a scam, and we recommend that you stay away from it. This robot has scammed a lot of people as is evident on the consumer review sites that we have analysed. InsideBitcoins suggests that you only trade with tested and proven bots. We have reviewed Bitcoin Revolution and found it to be legit. You can start trading with this robot by clicking the link in the table below.
Is Crypto Trixi profitable?
Our investigation reveals that Crypto Trixi is a scam. We suggest that you stay away from it and instead try Bitcoin Revolution, a tested and proven robot.
How much should I invest with Crypto Trixi?
Do not deposit any money with the Crypto Trixi scam. We have investigated this platform and found it to be a scam.
What’s the best cryptocurrency trading bot?
The Crypto Trixi App is certainly not amongst the best ones, but it is hard to say which one is the very best one, as the most reliable ones have similar functions. Some of the top-ranking ones are Bitcoin Revolution, Bitcoin Trader and Crypto Revolt. As we mentioned in this review, we tested all of these platforms and found them to appear to be legit.
Are there any risks involved with crypto trading?
Yes, there are risks whenever you trade with crypto. Crypto markets tend to be highly volatile, meaning that shifts are often unpredictable, even for robots that claim to be 0.01 seconds ahead of the market. However, there are ways to limits these risks and one of them is to trade on a legit platform like Bitcoin Revolution.
Do I need my trading strategies to trade cryptocurrencies via a crypto bot?
For some robots you are required to have a strategy to be able to trade, but for others, like Bitcoin Trader, Bitcoin Revolution and Crypto Revolt, you will not need a strategy because everything is done by the system automatically. The only thing you will have to do is change the trading settings before you activate the auto trading mode.