Bitcoin Loophole is a Crypto trading scam that started operating in January 2018. As we enter 2024, you will find so many new variations of this trading app, but in essence, they are all the same scam. You should be extremely careful before investing with them!
The primary reason why it is a scam is because their “recommended brokers” are known frauds! On August 6th 2018, the FCA in England issued this warning.
Before You Lose Money… Read This!
Bitcoin Loophole Review
Our review of the trading app that Bitcoin Loophole offers finds, that at best, it is just a random signals generator. Other websites offering this product don’t even have a working product.
We thoroughly reviewed the software, and this is what we saw from the product. The Bitcoin Loophole shows you the asset to trade, time that the signal is valid, their confidence level, and the ability to place a trade. We could not ascertain from the signals, how long the trade should be for. Is it going to make money in 5 minutes or 5 days?
Although you cannot see the trading signals, unless you deposit money at their “recommended broker”, this is what the actual software look like (see image below).
Which version are you using? The version shown in the screenshot below is the app at: BTCLoopholePro.com. That website is no longer working.
Bitcoin Loophole App Results
Although the video on Bitcoin Loophole mentions that you will make thousands of dollars, the truth is, there is no guarantee.
The first question an investor needs to ask themselves, before using a trading system is; What are the trade alerts based on?
If someone tells you to buy the British Pound ($GBPUSD), is that a good trading idea? We first need to know; When should I buy it? How much should I pay for it? When should I sell it?
We have found multiple versions of this software, and many different websites claiming to be the real one. We checked our email to see how to login to the software, but it just sends us back to the home page.
This tells us that they are most likely a scam!
Warning – Illegal Offshore Brokers
A big problem with investing online is that many fake companies setup a website like Bitcoin Loophole, to lure investors into dreams of making millions. All brokers must be licensed and regulated, in order to provide investing services. If you invest your money at broker that is not licensed, you will never see it again!
You would be smart to use a regulated broker like ForTrade that has Trading Signals built into their unique trading platform, see here.
Which Version Are You Using?
This is standard with Crypto trading robots like Bitcoin Loophole and Quantum Code. You will find that multiple companies are using the same name for different trading products.