The Bitcoin Hack is a newly promoted automated trading app scam, which is actually just a new name for the Bitcoin Loophole. Before you get excited about making millions by investing in Crypto Currencies, here is what you need to know know about the Bitcoin Hack App.
One version of this app can be found at: Bitcoin-Hack.com.
WARNING! The Ad You Saw is Fake!
See Real Trading Apps, Look here
Bitcoin Hack Review
A review of Bitcoin Hack is very simple to do, because it is not an actual working trading app. It is actually what the industry calls a “funnel”, to connect you with an unregulated crypto CFD broker. We have seen numerous websites, with similar names all offering the same product.
Where is the trading App? How do I log into their website, and setup the trading app? Sadly, the answers to these questions still remain elusive. A real algorithm trading app is based on artificial intelligence or technical indicators, which produce a trading signal, and then executes a trade in your trading account.
The problem we encountered when we signed up for the Bitcoin Hack app, is that they directed us immediately to an offshore broker called PrimoTrade. This is an old trick that online marketers use to connect you with an unregulated broker, operating out of Bulgaria or Seychelles.
When you find an authentic algorithm trading app, you will be able to configure all aspects of the app, before you deposit money at the broker. Look at the popular trading signals.
Bitcoin Hack Scam
Why is Bitcoin Hack just another get rich quick scam? Because they are making false claims that you will make profits of thousands of dollars per day, however the truth shows otherwise.
All the testimonials on their website are from fake people. Other Bitcoin trading apps that look very similar to this are promoted with fake celebrity testimonials prompting the FCA to issue this warning.
The first thing we saw when visiting the Bitcoin Hack website, is their false sense of urgency. Plastered across the top of their website it reads…
“Warning: Due to extremely high media demand, we will close registration as of 24/05/2021 – HURRY 00:00“
There is no need to rush when it comes to investing. Today is just as good of a day to invest as tomorrow will be. It is more important to spend another hour learning and studying the markets instead of jumping in head first.
Compare this app with a real software.
Warning! Offshore Broker Scams!
It is important for every new investor to know, that your money is held at a broker, and if that broker is not licensed, you will never see your money again!
When you learn how this scam operates, read this, you will understand why they would connect you with an unlicensed broker. If you are interested in trading Crypto CFD’s, you can find a list of popular brokers here.
For Algorithm Trading Apps, Look here.
Please tell other investors which broker the Bitcoin Hack redirected you too, in the comments section below.