• Binary Options Guide
  • My Recommendation
  • Binary Signals Reviews
  • Binary Options Scams

Binary Signals Advise

Binary Options Signals Reviews

  • Home
  • My Recommendation
  • About
  • Contact Us
  • Privacy Policy
  • Legal Disclaimer

Bitcoin Trader Review – Confirmed Scam Exposed With Proofs!

July 3, 2022 By Sofy Raymond 60 Comments

Today, we have reviewed the Bitcoin Trader for you. Very quickly we would like to state that it is a full blown scam. The scammers are trying to use the name of Bitcoin to hide their evil intentions. The Bitcoin Trader is definitely not something you would like to use. The reason being that we are sure that this is a scam and there are no doubts about it. The contents of the website and the claims make our job easy. The claims are so dumb that anyone can identify that they are false. The Bitcoin Trader is just one of those many scams which we have exposed for you. Read this Bitcoin Trader review to know why it is a scam.

bitcoin trader review

Bitcoin Trader Review

Starting off the review, it seems that the scammers have decided that they would use bitcoins as their base. Recently we have observed that all scams that come up revolve around bitcoins in some way or the other. The Bitcoin Trader is no different. As you open the website, you are shown visuals of rich and famous personalities. Whats common between all of them? Well, they all seem to be impressed with Bitcoins and are seen talking about the huge potential present in bitcoin investments. Point to be noted here is that these people are talking about Bitcoins and not Bitcoin Trader. So, the point is that while Bitcoin is a real thing and there is no scam in it; the Bitcoin Trader is 100% of a scam and there is not an inch of it which is real.

What does the Bitcoin Trader Claim?

The claims present on the website of Bitcoin Trader scam are what make our task easy to call it a scam! Have you seen anyone becoming a millionaire just by trading in binary options? The answer maybe yes but it is very rare and only in extraordinary instances have people earned huge profits. Its not that binary options are not good to trade with. What we are trying to highlight here is that no matter what the people behind the scenes try to project, the real story is all the same. For instance, the website claims that anyone can earn up to $1300 daily working for just a few hours. This is false but still believable. But how does one become a millionaire in the first months of using the Bitcoin Trader system? These claims are nothing but a bunch of lies which you should be very clear with.

How Does It Work?

There is no clear information as to how the Bitcoin Trader works. Just a couple of references here and there on their website and nothing else. It is mentioned that the Bitcoin Trader software has been created with the most advanced programming the trading world has ever seen. Really? Have the scammers invented a whole new programming language or what? The false claims do not stop here. It is further mentioned that the software is able to predict the trades outcome in advance. The software is 0.01 seconds ahead of the markets. How in the world does the software achieve all of it is left for our imagination.

The scammers have broken all their previous records this time. Its not that they have really invented some software which broke all records! They have achieved such a high success rate that is unheard of in the Binary options world. Did you visit their website and notice just how much percent is the winning rate of the Bitcoin Trader? Well if not, let us mention it here. Its an insane 99.4% success rate. They say they would help you “double, triple or quadruple your hard earned money”. Not really! Your hard earned money would be simply stolen by the crooks and you would be left with nothing to spare.

In summary, the working of the software has not been explained. All scams call their software to be the most advanced and ahead of the times. All the images of young men and women seen enjoying are nothing but a cruel joke with all of those who see such websites and offers with hope.

Bitcoin Trader Cost

The website mentions that there is no cost to use the Bitcoin Trader at all. Its for free. This is false actually. The first time you open your account with the brokers, you will have to make an initial deposit of $250. There are little chances that you would be able to recover your initial investments. The only purpose the scammers are circulating such scams is to steal your money. Don’t know how many people have been tricked by the people running the show and their cunning brokers.

False Testimonials

stolen images

This is something which you should be aware of. The testimonials of people who allegedly are the users of the software are all fake. They are not the real users of the software. They are not even traders. The scammers are professional thieves who steal not just your money but also shamelessly use images of people from the internet as well. This is all an old trick which is most commonly employed on fake and scam prone websites. There is no Mark K. , Jennifer A. or Ernest I. who seem to the lucky people living their dreams. Whatever comment you see below their images are nothing more than statements with which the scammers want to trick you.

Update (21/04/2018):-

This Bitcoin trader scam is getting too much viral. I recommend all of my readers to stay away from it as it’s a confirmed scam. Recently, Peter Jones also exposed this scam via Tweet. Check that discussion – https://twitter.com/dragonjones/status/980044092540358656

Update (12/02/2020):-

Recently, one of the most significant websites of crypto industry (bitcoin.com) posted a notice to avoid these three scams – Bitcoin Trader, Bitcoin Code, Bitcoin Doubler.

This scam is still active. Please don’t fall for it guys!

More Scams To Avoid – Bitcoin Revolution Scam, Bitcoin Era Scam

Verdict – Bitcoin Trader is 100% Scam! Avoid It!

Check Our Recommended Systems By Clicking On Below Banner ↓

Conclusion

There is nothing like a software which can make you filthy rich with just a few clicks in the day. The idea of earning money without doing anything much itself is flawed. You should ignore such out of the world claims whenever you come across them. The scammers run their complete business around tricking people and effecting frauds. You should stay away from the Bitcoin Trader at all costs. This software is not worth your time or money. You should take our advice seriously and even warn your family and friends if they are considering investing their moneys in it.

More from my site

  • BTC Prestige Review – Scam Software Exposed By Sofy!BTC Prestige Review – Scam Software Exposed By Sofy!
  • Mirror Trader Review – Scam Software or Legit? Find Out!!Mirror Trader Review – Scam Software or Legit? Find Out!!
  • Free Profit Code Reviewed : Beware of this Scam!!Free Profit Code Reviewed : Beware of this Scam!!
  • BitConnect Review – Another Ponzi Scheme? | BitConnect Scam Exposed!BitConnect Review – Another Ponzi Scheme? | BitConnect Scam Exposed!
  • Regal Wealth Software is a SCAM – Avoid It!!Regal Wealth Software is a SCAM – Avoid It!!
  • Click Money System Review – It Is Not TrustWorthy! Find Out Why!Click Money System Review – It Is Not TrustWorthy! Find Out Why!
Summary
Reviewer
Sofy
Review Date
2022-07-03
Reviewed Item
Bitcoin Trader Review
Author Rating
11stargraygraygraygray

About Sofy Raymond

I am Sofy Raymond, a binary option trader who had lost huge amount of money due to binary options scams. So, I decided to expose all those scam systems on my blog BinarySignalsAdvise.com.

Comments

  1. Mark Caliste says

    October 15, 2017 at 9:20 pm

    Hi Sofy..I work in the Oil Industry but would like to start trading to make some extra cash..I have read your reviews and thank you
    for them.. I don’t spend much time at home so I’m looking for fully automated trading platforms..If possible can you recommed any that are..

    Reply
  2. Jose R.Arellano says

    October 17, 2017 at 10:49 am

    Hello Sofy,

    I really do appreciate your efforts in sharing to us the results of your verifications, research and/or investigation on bogus companies riddled with scams that prey on unsuspecting people and victimizing them of their hard-earned money.

    If it would not be asking too much from you, can you please make also a verfication on the following groups/companies (?):
    1. Binary On Line
    2. U-markets
    3. Rich Janitor
    4. Secret Millionaires Club

    Thank you very much.

    God Bless.

    Reply
    • Sofy Raymond says

      October 24, 2017 at 7:48 pm

      Hello Jose,
      1. Binary On Line is an unregulated broker. Many of my clients had very bad experience with this broker. So I don’t recommend you to start trading there.
      2. U-Markets – I will do research on it and will let u know very soon.
      3. Rich Janitor is a scam trading robot. Avoid it.
      4. This robot is no different from other cheap scam trading robots.
      Let me know if you have any other query.

      Reply
  3. Jamesh says

    October 19, 2017 at 1:04 pm

    Hi Sofy, I will like to do binary trading on IQ Options, do you think this one is legit and good to go with.

    Reply
    • Sofy Raymond says

      October 24, 2017 at 7:39 pm

      Hello Jamesh,
      IQ Options is a good broker.
      Fee free to go with it.

      Reply
  4. [email protected] says

    October 23, 2017 at 8:42 am

    Hi Sofy, Thank for creating a platform like this. I lost a significant amount of my investment with 72Options binary brokers. After a long battle with the brokers, I was able to recover my funds through a Charge back expert..Keep up the good work exposing scam brokers.

    Reply
  5. Zena says

    October 31, 2017 at 2:31 pm

    Hi Sofy I am from nz and find your info very informative, have been checking info / scammers of binary options as I have had a bad experience could you recommend anyone.

    Reply
    • Sofy Raymond says

      October 31, 2017 at 3:42 pm

      Hey,
      Check my recommended trading robots on this page – https://binarysignalsadvise.com/recommended-signals/

      Reply
      • Jake G. says

        May 5, 2020 at 8:27 pm

        Hi Sofy,

        First off, I would like to share that I have no past experience for any sort of investments online at all, and for all the crooks out there, I am very vulnerable and easy to be taken advantage of, as I don’t understand how to invest, I’m not that good when it comes to all this technology, and I am a very slow, and hard learner.

        About a month ago I started receiving SMS messages on my cell phone with a link that led me to bitcoin code when I clicked on it, I spend a lot of time reading on that site, and it was very tempting to try making an investment with them, especially when you are where I am financially, having hardly enough to be able to just afford to eat and pay your rent, so you pray to find a good place to plant a little of your seed in hope for some return, to be able to afford to eat and pay your rent, and hopefully enough to become a little more financially stable.

        After I spend a lot of time reading on the bitcoin code site, I thought I had found something that would work for me, because of what it says about the robot doing the training for you, and a dedicated broker helping you to place your positions to ensure you make the profits they’re talking about,

        And I decided to open an account with them, within minutes of doing so I received a phone call from them with a number showing it to be a Winnipeg Manitoba Canada number, which is about two hours north east from where I live, The gentleman that called me identified himself as being Manny Okiro, with starkmarkets

        Sofy, is there a good robot software that would do automatic trading for me that you would recommend, and maybe a good broker that would help me make the right bitcoin investment placements?

        I stumbled into your site while digging for answers

        I wish to let you know that you’re doing a great job, and I pray that the Lord will bless the good work of your hands.

        Reply
        • Sofy Raymond says

          May 25, 2020 at 4:29 am

          https://binarysignalsadvise.com/recommended-signals/

          Reply
  6. Raicarmz says

    November 18, 2017 at 9:47 am

    COULD YOU PLEASE TELL ME IF BITCONNECT AND BITSOLID ARE SCAMS IN YOUR OPINION? THANK YOU FOR YOUR TIME IN THIS MATTER,

    Reply
  7. Matt Edney says

    December 1, 2017 at 11:49 pm

    Hi, I am looking at investing in bitcoin but it would appear to be a mine field of scammers. Can you suggest a genuine broker that I can look into. Thanks.

    Matt

    Reply
  8. D K Cherian says

    December 2, 2017 at 1:14 am

    Hi Sofy,
    A lot of my colleagues and friends have recently invested in a company called USI Tech which allow them to purchase BTC packages (50€ per package). All of them claim that they have been making a lot of money and those who invested over 6 months ago say they’ve even withdrawn their principal plus some profit. Yet it still sounds like a Ponzi scheme to me – plus Google searches has 9 out of 10 saying scam possibility. Can you provide your insight?

    Reply
    • Sofy Raymond says

      December 2, 2017 at 3:10 pm

      Send me more details about it at [email protected]

      Reply
  9. Wendy Bevan says

    December 4, 2017 at 6:30 pm

    Thank you very very much. You have saved me from being scammed. God bless you. What about brit method please. Thank you.

    Reply
    • Sofy Raymond says

      December 4, 2017 at 6:33 pm

      Hey Wendy,
      Brit Method is just another scam. Avoid it.

      Reply
      • Ralph says

        December 28, 2017 at 6:51 am

        I agree. I almost got taken with the Brit Method. This is just a hook for a company called Prestige Options. Once you have signed up their ‘account managers’ hassle you to raise your initial investment. It is OK for them to behave irresponsibly.It is not their money.
        The ‘account manager’ said he wouldhave nothing to do with me unless I gave him at least 5,000 Euros to risk on my behalf.

        Reply
  10. lisa says

    December 7, 2017 at 6:34 am

    I’m looking for a good auto trader robot that wont scam me and good returns, Whats the best one out there?

    Reply
    • Sofy Raymond says

      December 8, 2017 at 8:10 pm

      Check my recommended signals – https://binarysignalsadvise.com/recommended-signals/

      Reply
  11. Nico says

    December 13, 2017 at 11:27 am

    Hi Sofy

    Just checking if this is a real Sofy or a robot one!

    Nico

    Reply
    • Sofy Raymond says

      December 14, 2017 at 4:36 pm

      LOL. Of course I am real 🙂

      Reply
  12. Adam Harvey says

    January 3, 2018 at 7:59 pm

    So, is this legitimate info or is it a ploy to push the people away from trading in such circumstances because the banks and financial systems are panicking.
    It makes me wonder if this is just propaganda to put us all off the idea and go back to leaving everything in the bankers hands.
    I proven that the banks and those who own them manipulated the markets to their own gain.
    I would rather I was completely anonymous with finances as my money is my own personal business and not of the governments business. Just the same as my love life has nothing to with anyone else but me and my lover.
    If you have solid proof of your claims, maybe share them.

    Reply
  13. Michael Plaatjies says

    January 20, 2018 at 4:36 am

    Hi Sofy just want to know if bitcion loophole legit or a scam please

    Reply
  14. Greg Henderson says

    January 23, 2018 at 1:47 pm

    Hi any good ones in Australia t use

    Reply
    • Sofy Raymond says

      January 23, 2018 at 7:14 pm

      Hi Greg,
      Check my recommended signals – https://binarysignalsadvise.com/recommended-signals/

      Reply
  15. Daniel Ball says

    February 19, 2018 at 5:48 pm

    Hello Sofy, yes it makes sense it’s a scam.. if it were real surely the Developers would use it to make money themselves, rather than depend on other peoples investing. Ironically, it may come back to really bite the channel 10 Shark Tank investor on the behind..

    Reply
  16. Reggie says

    February 23, 2018 at 3:39 am

    Hi do you have any information on Luno, Good or bad?

    Reply
  17. Freddie says

    April 4, 2018 at 11:56 am

    Thank you for the excellent exposures you put out on this site.

    About Bitcoin traders, how is it possible:
    1) To appear on BBC2 as they have and to be believed by the Dragon Den Millionaires who are by nature more suspicious than most and ought to know better.
    2) Why is the scam allowed to go on without having its members charged and arrested for what amounts to criminal activities?

    Reply
  18. Terry says

    April 5, 2018 at 6:48 am

    Hi Everyone,
    I just wanted to make you all aware that this scam is STILL being advertised by Google Ads, and I have had it pop up on several software sites. I can’t believe that Google of all companies would still be supporting and profiting from this scam!
    I tried to report it but can’t, as you are required to upload screencaps and copy links direct from the Ad, which I cant do since I have already blocked the ad.
    Is there any way to report Google for continuing to support this?

    Reply
  19. Mick says

    April 7, 2018 at 8:59 am

    Hi Sofy , thanks for confirming this scam. After readig the testimonial from the Dragons den tv show where one of the dragons ivested 2 million i was ready to sign up my £250. The website sign up page was identified by firefox as being insecure and would allow me to sign up then i found your page after searching for further bitcoin trader info.

    Thanks for saving me £250 and a lot of heartache…..i think i’ll be sticking to overtime at work to increase my profits safely!

    Kind regards

    Mick

    Reply
    • Sofy Raymond says

      April 14, 2018 at 1:20 am

      All the best @Mick 🙂

      Reply
  20. Karen says

    April 12, 2018 at 12:15 am

    Hi Sofy what about goldenmarkets.com? I am totally new to all this, wanted to invest and jumped in too quickly. I think I may have been scammed 🙁

    Reply
    • Sofy Raymond says

      April 14, 2018 at 1:09 am

      Hi Karen,
      Golden Markets is a scam broker.

      Reply
  21. janine green says

    April 13, 2018 at 1:39 pm

    hi just wanted to know if coins trader is genuine or just a total scam! we have just invested in our acc and as of yet we have heard nothing, no contact nothing…… getting very anxious now!

    Reply
    • Sofy Raymond says

      April 14, 2018 at 1:06 am

      Hi,
      Send me more details about it at [email protected]

      Reply
  22. alvin says

    April 23, 2018 at 12:22 pm

    hi sofy,

    please check trader online please

    Reply
    • Sofy Raymond says

      April 23, 2018 at 11:30 pm

      Can you send me more details about it [email protected] @Alvin?

      Reply
  23. Tony Dickinson says

    April 23, 2018 at 11:03 pm

    Hi.
    I recently filled in the form to invest with Bitcoin Trader and wished now that I hadn’t, they won’t stop hounding me. Despite changing my mind and not entering any investment, from Friday evening to tea time today (Monday) I have been called more than 10 times and in the last call I was told to listen, listen, listen y the caller before I lost my temper and told him that I don’t have to listen just because he told me to. If this isn’t a scam then why such persistence? I say leave it well alone.

    Reply
  24. Clive Carruthers says

    April 28, 2018 at 4:45 pm

    Hi Sofy,

    Like what I have been reading from you, thank you for identifying the scammers. I’m looking to make a small investment with Bitcoin but have zero trading knowledge. In particular I want to subscribe to the same system Peter Jones of ‘The Dragen Den’ invested in. Followed a online link but at subscribe point found myself with something called ‘itrader’, no mention of Bitcoin…? These may well be legit, I don’t know – what I do know is there are many out there looking to scam your hard earned cash anyway they can. With the unexpected name change obviously I’m concerned. Can you guide me to the site or link that I’m looking for please…?

    Thank you
    Clive…
    (close to retirement and need financially far from safe)…

    Reply
    • Sofy Raymond says

      April 29, 2018 at 12:38 am

      Hey Clive,
      You can join Option Robot for good returns.

      Reply
  25. Michael says

    April 29, 2018 at 3:00 am

    Hi sofie is crypto genius a scam or legit

    Reply
    • Sofy Raymond says

      May 3, 2018 at 3:41 am

      Send me more details about it via contact form.

      Reply
  26. Lileth says

    May 2, 2018 at 11:25 pm

    Is Havoption.com a scam? My husband invest $300 to this guy named Alexei Abraham. He said in 7 days the profit will be 3k.

    Reply
    • Sofy Raymond says

      May 3, 2018 at 3:37 am

      Hey Lileth,
      It’s a scam for sure. No legit company will claim such high ROI.

      Reply
  27. Kris Dwornik says

    May 9, 2018 at 2:12 pm

    The first thing that made me suspicious is the header on the web-site says “exclusive for UK residents”; all the testimonials are US. Next it says minimum £250 – everywhere else it’s $250! Too good to be true!

    Reply
    • Sofy Raymond says

      May 10, 2018 at 9:20 am

      Thanks for adding value to my article Kris 🙂

      Reply
  28. Bob Prendergast says

    May 21, 2018 at 6:32 pm

    Good point Kris.Im in Australia and they advertise Bitcoin Trader as a chance for Aussies to get a piece of Crypto and that it’s all Australian so how come when I go to web site it’s American (God damn) they nearly had me and some of my hard earned!!

    Reply
  29. wonder says

    May 22, 2018 at 11:28 pm

    Hi sofy

    Please tell something about Q.profit is it a scan or legitimate?

    Thanks and regards

    Reply
    • Sofy Raymond says

      July 5, 2018 at 12:23 pm

      QProfit System is a confirmed scam. Avoid it!

      Reply
  30. Anton Manes says

    May 24, 2018 at 6:20 am

    The thing I don’t understand about all these scams is, why are they permitted to advertise on legitimate crypto currency advice websites? Don’t they vete their own advertising or are they just as greedy as the scammers themselves?

    Reply
  31. wonder says

    May 24, 2018 at 8:38 pm

    Hi Sofy

    Please help with clarity are Qprofit system /fintech and HBSWISS legitimate or Scams?
    Thanks

    Reply
    • Sofy Raymond says

      May 30, 2018 at 12:43 pm

      Hey,
      All of these systems are scam.
      Check my reviews of these trading robots.

      Reply
  32. Jose Zuniga says

    May 30, 2018 at 11:55 pm

    Good to know someone is unmasking these sinister people.

    Reply
  33. Ana says

    June 8, 2018 at 2:58 am

    Hi Sofy, thanks for the info you are sharing.
    Do you know anything about this company http://www.digi-c.io ?
    I can’t really find reviews and as I was scammed already don’t want to make the same mistake.

    Many Thanks!

    Reply
  34. Amy says

    June 12, 2018 at 6:05 pm

    Hey can you please tell me if Bitcoin code is a legitimate thing or just a scam

    Reply
    • Sofy Raymond says

      June 14, 2018 at 5:50 pm

      Hey Amy,
      Bitcoin Code is a confirmed scam.

      Reply
  35. Aaron Sibabis says

    June 17, 2018 at 10:45 pm

    Hi Sofy.
    .I spoke to an agent at Arotrade and according to him QProfit System is the app they(broker) use..Does that mean Arotrade is also a scam?I signed up but did not make the deposit yet

    Reply
  36. denis rudd says

    July 9, 2018 at 2:28 pm

    Are the police not looking into this?

    Reply
  37. Stephen says

    July 16, 2018 at 12:58 am

    Hi Sofy,

    Is there any legitimate system out there to earn me consistent profits whilst i learn to trade in my own time? I am a complete novice to trading, but it would be nice to earn while i learn so to speak.

    Also, do you have any observations as to Adam Harvey’s comments on January 3rd this year?

    Regards
    Stephen

    Reply
  38. Dumas says

    August 4, 2018 at 12:20 pm

    Honestly, Bitcoin has become a fraud. As an expert, this is a great website to read and avoid losing more

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Our Recommendation

binary crypto scams

Latest Scams

Dubai Lifestyle App Review – Must Read Before You Trade

Altcoin Trends Review – Another Crypto Scam Exposed! Avoid It!

CogniTrade Review – Another Scam Software? Yes! Proofs Attached!

Crypto Code Review – Another Scam From Con Artists? Yes!

Black Swan App Review – Perfect Scam Software to Drain Your Wallet!

Wall Street Trading Software Is Confirmed Scam – Our Experience!!

Obcasio Review – Scam Software Exposed! Avoid It!

Subscribe to Blog via Email

Enter your email address to subscribe to BinarySignalsAdvise.com and receive updates about latest binary options scams.

Follow Us

  • Facebook
  • LinkedIn
  • Pinterest
  • Twitter

Popular Articles

  • Bitcoin Code Review – Most Popular Crypto Scam Exposed!
  • Bitcoin Trader Review – Dangerous Scam Exposed!
  • Quantum Code Review – Dirty Scam – Find out Why!!
  • Immediate Edge Review – Another Scam From Con Artists!
  • Bitcoin Pro Review – Old Crypto Scam Relaunched | Stay Away!
  • Bitcoin Evolution Review – Another Trending Crypto Scam To Avoid!
  • Bitcoin Future Review – Another Crypto Scam Debunked By Sofy!

Copyright © 2023 · Binary Signals Advise · Our Sitemap