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Global Crypto App is one of those scam robots that claim to be the key to a millionaire lifestyle. The scammers behind the robot bait traders with promises of an average daily profit of $5k from a deposit of $250. Of course, these are blatant lies, and you stand no chance of making a single cent through this platform.
In this review, we will provide an in-depth analysis of Global Crypto App and why we believe that it is a terrible scam. We will also offer tips to help you identify legit trading robots. InsideBitcoins provides comprehensive and unbiased reviews.
While we do receive a little incentive for endorsing robots, we ensure that we only recommend the legit ones. Consequently, all robots in our approved list have been tested and proven to be legit. Click the ‘trade now’ button in the table below if you would wish to go straight to a legit robot.
Is Global Crypto App legit? No
What is Global Crypto App?
Global Crypto App is a big scam, and we recommend that you avoid it. In general, trading robots rely on powerful computer algorithms to scan the markets for insights and place trades. The algorithms either scan the markets big data for insights or identify professional traders and copy their trades.
In big data powered trading, the best robots apply advanced technologies in AI and Machine Learning to identify trading signals. Top ranking robots such as The News-Spy utilize these technologies to detect tradable news as they emerge and execute corresponding trades before the markets can react. This makes them highly profitable. For instance, the News-Spy report profits of up to $5k per day. Read our review of the News-Spy to learn more.
How does Global Crypto App work?
Global Crypto App is a scam webpage that masquerades as a crypto trading robot. Our investigation shows that this platform is used by scam brokers to get signups. In other words, Global Crypto App is simply an unscrupulous affiliate of scam brokers.
Traders are made to sign up with this platform, believing that it is a legit trading robot. Any deposit made through the robot goes straight to the scam brokers. As mentioned previously, the scam brokers then give a share of the deposit to the scammers behind the fake robot. Global Crypto App depends much on affiliates for marketing, meaning that they also provide a percentage of what they receive to the referring affiliate.
Case in point, assume that you deposit $250 with Global Crypto App. The money goes straight to a scam broker. The most popular broker with this platform is Globalix, an unregulated entity that claims to be from the Marshal Islands. This broker in return gives 70% of the deposit to the scammers behind the fake robot. The scammers keep 70% of what they receive and pay 30% to the referring affiliate.
As you can see, the trading robots scam is an intricate and highly lucrative business. Consequently, it is essential to always carry out enough research before settling on a trading robot. InsideBitcoins makes the analysis easier for you through comprehensive and unbiased reviews. Read our Bitcoin Revolution review for another top ranking legit crypto-trading robot.
Why you should not open an account with Global Crypto App
How to identify a legit trading robot
InsideBitcoins takes into account several factors when determining the legitimacy of a trading robot. These include;
- Transparency – A legit trading robot should not shy away from revealing crucial details such as its legal registration and partner brokers. The information provided by these robots should be truthful and correct. Our investigation involves verifying the information provided by trading robots.
- Reputation – A good robot should be highly reputable. We determine reputability by conducting an in-depth analysis of users’ reviews on sites such as TrustPilot.
- Customer Service – Legit robots provide top-level customer service. They must have multiple communication channels, and they should respond to inquiries fast.
- Safety – A legit robot should have a secure website and trading platform. We carry out rigorous tests to determine the safety of a trading robot.
Is Global Crypto App legit? The Verdict!
Global Crypto App is a scam, and we recommend that you avoid it. This platform not only steals deposits but also sells your data to other scammers, including hackers. InsideBitcoins suggests that you try Bitcoin Trader instead. We have tested this robot and can confirm that it is legit. Furthermore, it is possible to make an average daily profit of $1k with this robot. Click the “trade now” button in the table below to start trading with this robot.