- None, this bot is a scam!
- Members of a rogue affiliate network
- Fake testimonials
- Lack of transparency
- Bitcoin Bank is one of those scam bots that should be avoided at all costs.
- The website looks very similar to a number of other bots that have also been reported as fraudulent (Bitcoin Evolution, 1k Daily Profit and Bitcoin Profit, among others).
- Their name is only commercial and "does not reflect an existing company."
- The bot is a member of an entire network of criminals.
Full review of Bitcoin Bank
Bitcoin Bank is another trading bot on the crypto market. Or is it?
A crypto trading bot is a convenient tool people use to speed up their breakthroughs in the crypto market. Instead of spending months and even years learning about contemporary crypto technology, people use crypto trading bots to automate the process.
Except for being highly efficient and profitable, crypto bots reduce the risks and stress of trading with crypto.
Sadly, just like any other industry, the crypto industry has its pirates as well. There are criminals who are always seeking new ways to take advantage of people’s money and lack of knowledge.
Bitcoin Bank is one of those rogue bots that should be avoided at all costs. They have such a proficient affiliate network behind, that it can be very hard to see through their lies. However, we inspected this bot carefully and managed to detect a series of red flags.
Read on, to learn why we blacklisted Bitcoin Bank. But, first, let’s take a look at some of the features and give an overall assessment.
Bitcoin Bank Trading Bot: Removing Human Error or Emptying Human Bank Accounts?
Officially, Bitcoin Bank is a crypto trading bot. Its primary function should be to help people trade crypto with minimum effort. The reality, however, is something completely different.
The story about this crypto bot you can read in positive “reviews” is the same deceitful rant you can read about any other scamming bot.
The algorithm is fast and 99,99% accurate. It can make more than a thousand dollars a day. And on top of everything, it is for free. Only a small service fee – but we don’t know how much, because they don’t tell us. So, all the user needs to do is to sign up and wait a couple of months to become a millionaire.
Simply, it is a fairytale. There isn’t any essential information about things that actually interest every trader. What type of algorithm is it? Who developed it? Which features are available? How many bots are there and is it possible to customize them? Based on which charts does the bot calculate, predict, and make deals? Bitcoin Bank doesn’t tell us.
We don’t even know which cryptocurrencies are supported.
Also, there is absolutely no information on licenses and safety measures. Which safety protocol does the platform implement? This question has an answer either. All we have are McAffee and Norton Secured “site seals”, which are obviously only images downloaded from Google Images.
The Bitcoin Bank Web Platform
All we know about it is that there are two features available:
- Live Trade option
- Affiliated “brokers” assist users to earn even more.
Apart from that, affiliate “reviews” tell us that:
- There are absolutely no fees for using Bitcoin Bank
- The minimum deposit is a $250
- The platform promises $1300 of profit a day – way more than realistic
- There are several websites using the same name
- The website looks very similar to a number of other bots, that have also been reported as scams (Bitcoin Evolution, 1k Daily Profit, and Bitcoin Profit among others).
Bitcoin Bank’s official website has only one landing page. However, even that one contains several reasons for concern for anyone who cares about their money.
In other words, they openly admit that they are a scam. Similar scam crypto platforms have been already mentioned on our site:
- Bitcoin Billionaire
- Bitcoin Buyer review
- Bitcoin Method – scam or legit?
- Bitcoin Circuit crypto bot
- Bitcoin Code trading bot
Put simply, Bitcoin Bank is an obvious example of fraud.
The home pages of Bitcoin Bank and the blacklisted 1k Daily Profit are almost the same
User Feedback: Scarce and Highly Ambiguous
Trustpilot has several pages dedicated to Bitcoin Bank. Most probably, as the websites were taken down due to many scam reports, they were making new pages, trying to improve the ratings.
However, most of their pages on Trustpilot hide a dispute. On the one side, there are many fake positive reviews. On the other, there are many real testimonials of fraud in the one-star section.
Similar Trustpilot reviews have several scam crypto bots we have been warning about:
- Bitcoin Compass robot
- Bitcoin Cycle bot review
- Bitcoin Era scam
- Bitcoin Evolution crypto trading bot
Our verdict: blacklisted!
All in all, the scammers did a great job of hiding their traces and evidence of what they are doing. However, they didn’t manage to trick us. It is clear as daylight that Bitcoin Bank is a FRAUD.
There is no algorithm behind this bot, helping people to earn money from crypto trading. The only thing one can expect when working with this trading bot is losing money, sensitive data, time, and nerves.
The bot is a member of an entire network of criminals. They work together in creating fake crypto trading platforms, and then fake reviews about the platforms. The reviews target unsuspecting people without experience in crypto, convincing them that these bots are legit.
Therefore, our best advice is to STAY AWAY from Bitcoin Bank, as well as its sister sites such as Bitcoin Evolution, 1k Daily Profit, and Bitcoin Profit.
Yes. Bitcoin Bank is only one of an entire network of blacklisted websites whose only purpose is to deceive people. Besides, it steals not only money but also sensitive data.
No, trading with Bitcoin Bank is absolutely not safe. On the contrary, losing money with this bot is almost guaranteed.
Yes. They don’t charge any fees. However, trading with this bot is not safe, and might imply significant losses later on.
I read a bunch of glowing reviews on Trustpilot about this “bot”. Imagine my surprise when I couldn’t get it working. I tried contacting the customer support, but got no response. And when I went to look again at Trustpilot, turns out the reviews got deleted because they suspected them of foul play. This is a scam, no doubt about it.
can’t believe I gave these scammers the $250! They called me on the phone, promising great profits in no time. Sounded too good to be true, and it is – it doesn’t work at all! There are no profits at all here, you’ll only lose money. Don’t fall into their trap.