Immediate Profit – Crypto Trading Bot Review by Traders
How to Use Immediate Profit – Full Review: How Does This Bot Operate and Can It Make Money?
Should people use a crypto trading bot? These algorithms are designed to help people make more money through trading. And they do succeed at it.
But what happens when the technology is misused? What to do when there are three fake crypto bots for each legitimate one? And how to tell the difference?
In this extensive Immediate Profit review, we will explain how an untrained eye can spot a scam. We will demonstrate all the red flags and educate our readers on what to look for.
But before we begin the long journey into uncovering the scheme behind Immediate Profit, let’s take a look at the websites’ features.
Many a Website of Immediate Profit There Is
During our research into this “amazing” trading bot, we have found seven Immediate Profit websites.
The sheer amount of work put into the designs is fascinating. But it is also concerning to see so many sites. Any legitimate company needs and has one website.
The only exemption could be if a company operates in multiple countries. And even then the domains correspond to the country and the language matches. Here, it is simply not the case.
Not only did we find multiple websites, we found out that one design also matches several other scams of the sort.
First, there is Crypto Superstar.
Then, we also have Cryptosoft.
Website Redirecting Is Always Cause for Concern
Another worrying thing we have noticed is that one of the websites redirects to a completely different one. This happens when we try to play the video.
This one is connected to the Immediate Edge bot, another crypto trading scam. This was a clear indicator to us that Immediate Profit is a scam.
Not only that, but we are also certain that all of these scams are connected or executed by the same group of people. The amount of work necessary to carry them out is almost impossible for a single individual.
The Immediate Profit Offer
While these websites are a scam and usually, they post no relevant information, one proved very interesting. The others offered little to nothing of substance.
They created the algorithm because of their desire to earn through crypto trading. And now, because they are so benevolent, they are giving it away for free.
Although, there might be a small fee when withdrawing. Or maybe it is a 2% commission fee on a successful transaction. It differs from website to website.
Furthermore, the initial investment is also different depending on the website. It is always 250, but the currency varies. It can be dollars, pounds or euros.
There is a demo account, the support is available 24/7 and upon withdrawal, it takes 24h for it to be reflected in the account.
The one that is different offers a bit more information on data protection. It uses Distributed Ledger Technology (DLT) and RSA-level encryption.
Distributed Ledger Technology or DLT is actually the blockchain technology. Instead of a centralized system, the data is dispersed and synchronized throughout the entire network.
The concept was first introduced with Bitcoin. This does keep data less corruptible by an outside attack. The system also keeps the information up-to-date and doesn’t store it all in one place.
However, since Immediate Profit needs a person’s information to complete the scam, this defense is practically useless.
In addition, there’s RSA encryption. This type of encryption uses complicated mathematical operations as a base to code and decode the message.
The nature of its complexity makes it almost unbreakable. This type of defense is commonly used in email communication, for example. But, like with the DLT, it is useless against Immediate Profit who already have the decryption key.
Fake User Testimonials
As is customary with these scams, they all have fake user testimonials to prompt the readers to sign up. Not only that, they are the same “users” and photos as in another scam.
As demonstrated in our Immediate Bitcoin review, these photos are actually stock photos.
Another section shows some more happy traders who have made money with Immediate Profit.
These are also fake, also taken from websites that sell stock photos.
No Address on any of the Immediate Profit Websites
When we looked through all of the Immediate Profit websites, we were unable to find their physical address. There isn’t any other contact information. We found only a simple contact form.
While we were researching reviews on Trustpilot, we found two addresses. They are registered with two different websites. So we checked this against the official UK database.
As demonstrated in the pictures, there isn’t a company with the same name registered on the corresponding addresses.
There is another company – 400 Capital Management Europe, which seems to be a New York-based company. This appears to be a European subsidiary.
However, we couldn’t find any links between Immediate Profit and this company.
Fake Trustpilot Reviews for Immediate Profit
Websites like Trustpilot are usually reliable to seek honest reviews. However, we recommend reading carefully all of the reviews.
Scammers have noticed that people trust other people, so now they employ an army of bots. The bots write positive reviews about the company to trick the readers.
But how to tell the fake reviews from the real ones? There are a few indicators.
Firstly, almost all of the reviewers have only ever posted once on Trustpilot. Secondly, there is a label “Invited”. This label is placed when the company invites a person to write a review.
Most companies will occasionally do so, but they prefer organic growth. So if there are many reviews labeled “Invited”, it can be a sign for bots commenting.
FAQs on Immediate Profit
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How much money can I make with Immediate Profit?
Is Immediate Profit a Scam? – Our Verdict: Yes!
As we have extensively searched and demonstrated in this Immediate Profit review, the whole operation is a scam. There is no crypto trading bot, just a group of thugs looking to con innocent people out of their money.
When looking to invest with a crypto trading platform or bot, it is important to use vetted companies. We recommend caution and investigation before making the final decision.