Last Updated on June 19, 2023 by Stephan Lindburg
Bitcoin 360 AI. What Is It And How Does It Work? Here’s Our Review!
Bitcoin 360 AI (AKA Bitcoin iFex 360) is advertised as a cutting-edge auto-trading platform with custom hedging strategies designed especially for Bitcoin CFD traders. But is that really the truth or is there a hidden agenda no one is talking about? Well, we sniffed around and uncovered some facts that will surely pique your interest. First and foremost, our researchers identified a certain pattern which is highly indicative of fraud.
Bitcoin 360 AI was launched in a highly coordinated manner. The guilty parties are connected to one governing entity operating out of London UK. We are referring to a well-known affiliate network which is responsible for publishing sponsored or paid promotional content on Indian news sites. This network is also using their own high-authority websites to promote the Bitcoin 360 AI scam software.
Secondly, the severity and nature of the complaints we received also suggests we are dealing with a fraudulent app. In most cases grievances are related to declined withdrawal requests. However, we also received a report about incessant phone calls during late hours and rude behavior from pushy sales reps.
Bitcoin 360 AI Review – Broker Check: When we registered in order to conduct our £250 deposit test the broker that was assigned to us was named Royal FX. This broker has a registered business address in Moldova, which is known to be a shady legal jurisdiction. It’s also a leading banking location for international fraudsters and con artists who wish to launder their money.
These are the main reasons we believe the greedy scammers from Bitcoin 360 AI are out to pick your pocket! But that’s not nearly enough. Our staff compiled a very convincing dossier about the inner-workings of Bitcoin 360 AI after conducting a full scam check. We also know the names and personal details of the crooks who are responsible for orchestrating this latest hoax. However, at the advice of counsel we are not allowed to divulge this information openly.
Still feel compelled to risk your money and invest with this phony software? In that case we recommend you take 5 minutes and read our independent Bitcoin 360 AI review.
Official Bitcoin 360 AI Website, Login Page, and Members Area: We have spotted 11 (Eleven) websites claiming to be the official app. They are all scam without any exception. To make matters worse, 4 of these sites are prominently displayed at the first page of Google when searching for “Bitcoin 360 AI”. A fact which is both alarming as well as illogical.
- 1 Scam Evidence
- 2 Bitcoin 360 AI Fake Testimonials
- 3 Fake Bitcoin 360 AI Reviews
- 4 Bitcoin 360 AI Fake Celebrity Endorsements
- 5 What Is Bitcoin 360 AI, How Does It Work, And Who Is really Behind This Software?
- 6 Bitcoin 360 AI Review: Top Rated Signals Software Or Losing App?
- 7 Our £250 Deposit Test: Experience And Opinion
- 8 Testing and Review Methodology
- 9 What Other Websites Are Saying
- 10 No Backtesting Or Strategies
- 11 Bitcoin 360 AI Pros And Cons
- 12 Patenting and Regulation
- 13 Confidentiality of Personal Information
- 14 Security and Safety
- 15 Bitcoin 360 AI: Repetitive Claims And Questionable Reputation
- 16 Bitcoin 360 AI Leverage
- 17 Is The Platform Compatible With Any Of The Exchanges?
- 18 Can Bitcoin 360 AI Be Used For Mining?
- 19 What Are Arbitrage Bots?
- 20 Bitcoin 360 AI Deposits And Withdrawals
- 21 Bitcoin 360 AI on TrustPilot, Reddit, And Other Forums
- 22 Bonus Plans, Incentives, and Comps
- 23 Bitcoin 360 AI FAQ
- 23.1 Is it Really Possible to Make Money With Bitcoin 360 AI?
- 23.2 What Is The Official Bitcoin 360 AI Website?
- 23.3 Why Are Other Review Websites Endorsing This Software?
- 23.4 I Read An Article That Elon Musk Is Using This Software. Is That True?
- 23.5 Does Bitcoin 360 AI Support Automated Trading?
- 23.6 Who Can I Report This To?
- 24 Taxes: How Much Do I Have To Pay?
- 25 Final Thoughts and Conclusions
Please take a look at the image below. This is a screenshot of the Bitcoin 360 AI main website and registration area. Please refer to the image of the open desktop and mobile devices.
Now, if you scroll down the same website you will see how the scammers managed to make a mess of it again. This time they forgot to switch logos and left the name of an older scheme in the cellphone (see red arrow).
Bitcoin 360 AI Fake Testimonials
Fake reviews are the cornerstone of every proper scam, and Bitcoin 360 AI is no different. Here we have a complete testimonial section that has been ripped off, copied, and recycled. There is not one single testimonial which is real or genuine, and that’s a guaranteed fact!
Fake Bitcoin 360 AI Reviews
The entire first page of Google is packed full of fake Bitcoin 360 AI Reviews (including paid or sponsored articles). All of them are paid for by a company we are not allowed to mention due to legal considerations as we have previously mentioned. We are allowed to say that this company has already managed to acquire a shady reputation, and if you wish to know more about them simply message us via email.
Bitcoin 360 AI Fake Celebrity Endorsements
It’s coming! As of yet there are no fake news campaigns, but the way things are looking this will change very quickly. If we judge things according to the latest fake news trends we can expect fake celebrity-endorsed articles to be published very soon. In most cases the scammers choose to use wealth gurus like Elon Musk, Tommy Ahlers, CEO of Tesla Motors, Jean-Jacques Goldman, Martin Lewis, Carlos Slim, Ebba Busch, Ivan Puopolo, Paulo Portas, Gérard Depardieu, Bart De Wever, Alexander De Croo, Kerry Condon, Kevin Trapp, Teddy Riner, Oliver Kahn, Tyson Fury, Marcos Galperin, Ida Wohlert, Mikkel Kryger, Mette Frederiksen, Claire Byrne, Michael Phelps, Richard Branson, Willian Bigode, Bill Gates, Masayoshi Son, Michael Schumacher, Herbert Grönemeyer, Jesper Buch, Ulf Kristersson, Jonas Gahr Støre, Kirsi Alm-Siira, Mads Mikkelsens, Christian Arnstedt, Karin Frei, Kylian Mbappé, Holly Willoughby, Members of the Dragons’ Den, Doug Ford, Mona Vetsch, and Jeff Bezos Chairman of Amazon. However, we do see some variations in the choice of who fraudsters choose to impersonate based on geographical location. In most cases residents of Australia, United Kingdom, Canada, Netherlands, Sweden, Norway, Belgium, Denmark, Finland, Germany, Austria, Switzerland, Spain, Ireland, Hong Kong, Singapore, and Portugal are targeted.
We have also recently spotted a fake Bitcoin 360 AI campaign on BBC, Le Monde, Nyhetsmorgon, Goedemorgen Nederland, La Presse, ABC Australia, RTL, as well as Tagesschau, in Germany and Toronto Sun in Canada. Please be mindful before clicking any of the spammy links inside these marketing campaigns.
What Is Bitcoin 360 AI, How Does It Work, And Who Is really Behind This Software?
Bitcoin 360 AI is reportedly a sophisticated auto-trading platform built with fully customized hedging strategies. In the Bitcoin 360 AI sales page, it’s clearly stated that it is designed for Bitcoin-based CFD contracts. The strategies are supposed to be deployed automatically and integrated using a 2 key API solution. We are not told who is behind this software or who programmed it.
Bitcoin 360 AI Review: Top Rated Signals Software Or Losing App?
Looks can be deceiving! It’s critical to understand that scammers understand how to package and sell their fraudulent software in a very convincing manner. That being said, you are not purchasing a fashion accessory or piece of clothing. Similar to a car, you always have to check under the hood. So when you look closely at this bogus trading app, you immediately spot all the discrepancies and contradictory information.
For example, how is it possible to have multiple versions of the same software? If you look at any recognizable brand name you will only see one official website or store. So ask yourself, how many official Microsoft, Amazon, or Vodafone websites are there? The answer is simple, you will only find one. That is the normal state of affairs, but this is most definitely not the case where Bitcoin 360 AI is concerned. Above we have a different version of the software, and there are at least 7 others that claim to be the official site. This is a huge red flag and a strong indication of a scam.
Another troubling aspect which is very easy for anyone to spot has to do the fact that it’s always the same sites which choose to endorse this type of software. These websites endorse 100% of the systems they review, and for that reason we view them to be completely biased and untrustworthy.
Last but not least is the troubling issue of sponsored articles, particularly from India-based media platforms. Anyone can simply draft an article and pay a news aggregator to publish it. But placing your trust in a general news or lifestyle media outlet is in many ways similar to going to surgery when your surgeon is actually a shoe salesman. Get the point?
When we combine all of these factors and try to compare the facts and draw logical conclusions. Firstly, it’s very clear that we are dealing with an investment scam. Secondly, it’s also becoming increasingly difficult to find a genuine Bitcoin 360 AI review. The scammers have deep pockets, but we are not about to give up!
Our £250 Deposit Test: Experience And Opinion
When we enrolled for this program we immediately noticed that there is no software, signals panel, or any kind of dashboard. This is really a textbook scam tactic which is employed by almost all of the affiliate networks specializing in financial fraud. Moving along, the account manager which was assigned to us was named Mike Hollander, and he was adamant about having us use their in-house trading app.
In fact, he was so insistent, that he actually badmouthed Bitcoin 360 AI and openly admitted that it is a scam. We have this documented in our call recording software, so if you want to hear him say it message us and we can make it available for you.
Something else that caught our attention has to do with the fact that there was serious lag or latency in loading times. That means the servers that are hosting the broker platform are cheap, or alternatively that someone is intentionally manipulating to contract expiry times. We believe it is a combination of both, and it seems our skepticism was justified when we lost our initial investment after 10 minutes of manual trading (auto trading was not available).
We are giving Bitcoin 360 AI an overall rating of zero. This is due to the fact that there is no software to be found and also because we lost our money very quickly.
Testing and Review Methodology
When it comes to our testing and review methodologies we try to operate in a very scientific manner. Our primary goal is to present our arguments in a clear and coherent manner. After that we collect the facts and present them to our readers in a way which allows them to make the best possible decision.
|Sources||Identifying corroborating sources of information.|
|The Main Arguments||Distilling the main arguments. Either for or against.|
|Facts Versus Opinion||Relying on facts rather than intuition or previous experience.|
|Critical Analysis||An analytical approach to problem solving.|
|Organizing the information||Organizing the information in a coherent and transparent way.|
We examine a variety of aspects related to the software. The chart you see above represents a partial list of what we sift through before reaching our conclusions.
What Other Websites Are Saying
We have decided to check and see what other review websites are saying about Bitcoin 360 AI. Once again we see the usual suspects trying to sell you the same old lies with slight differences in the presentation. Here are just a few excerpts we were able to collect.
- Bitcoin 360 AI is a high-tech system designed to help you maximize your crypto trading potential.
- A “powerful trading tool” that empowers both new and more savvy traders by letting them trade digital currencies with ease.
- An new automated trading platform that “deploys” a proprietary AI algorithm.
- A software which allows new members to “test” a variety of crypto trading strategies while utilizing a demo account.
We understand that as a new and inexperienced trader all of the information above makes the software seem very attractive. Regrettably, all of all of it is tainted and not to be regarded as serious due to a clear conflict of interest.
No Backtesting Or Strategies
One critical element related to any Forex or Crypto product review has to do with back testing. Back testing is a way of looking at previous stats or performance parameters and drawing conclusions. This is a proven strategy that’s constantly used for evaluation purposes. We could not find any type of reference in regards to historical data or back testing.
Bitcoin 360 AI Pros And Cons
Our staff took the time to create a little table which outlines the main pros and cons related to this hoax. This table is presented to our readers in a very clear and legible manner so there is no room for misinterpretations.
We are convinced that there are absolutely no benefits for anyone who joins this program. There are only risks and losses which will be incurred by new members.
Patenting and Regulation
We were not able to find any patent related to Bitcoin 360 AI. The lack of regulation is also quite evident. Software providers have to conform to certain regulatory requirements such as ISO 27001 or PCI compliance. This trading platform is basically a non-entity when it comes to the technical specifications. That’s because there is no software to begin with so no licensing is required. Additionally, certifications from financial regulatory entities such as CySec, BaFin, or ConSob were not made available to us despite our repeated requests.
Confidentiality of Personal Information
New members registering for the Bitcoin 360 AI scam app will quickly realize that their information is being circulated and sold to the highest bidder. That’s because the scammers are looking to get the most out of their campaign, and one easy way to do it is to sell your personal data. So get ready for unsolicited spam and very aggressive sales people who will suddenly appear out of nowhere and try to sell you used bubblegum and bottled air.
Security and Safety
Safety is a tricky issue and it really depends how you look at it. Having an SSL certificate with a standard SHA-256 encryption key is simply not enough. The real question is what happens after you register for an account and how your credit card transactions are processed. Gateway solutions for Forex merchant accounts are a dime-a-dozen these days, but most of them are shady business entities with offshore offices in places like Seychelles or the Martial Islands.
Most people are not aware of this but when you fund your account it is processed by a third party, and no one really knows what happens when your transaction goes through. We can tell you that legitimate business have strict guidelines when it comes to firewall settings and virus protection. In this case the people behind Bitcoin 360 AI could care less about security. In many cases these crooks will intentionally exploit vulnerabilities in order to infect your computer or device with spyware or malware.
Bitcoin 360 AI: Repetitive Claims And Questionable Reputation
It’s plain to see that all the fake review websites are making repetitive claims regarding the authenticity and performance levels of this obvious hoax. This is true for all versions of the Bitcoin 360 AI website. The usual promises about making easy money with auto-trading are made in a repetitive and even tedious manner. This is a well-known marketing strategy which is constantly used by professional marketers. It’s done in order to “drill” the message into your mind and in that way get you to make a purchase.
This would be somewhat acceptable if you were being offered a toaster oven, but in this case we are dealing new trading app. Anyone who has traded before knows that many of the new systems have a very questionable reputation (to say the least). Bitcoin 360 AI is no different!
Bitcoin 360 AI Leverage
According to ESMA or the European Securities and Markets Authority leverage for retail Forex clients can range from 30:1 to 2:1. This can vary depending on the volatility of the underlying. There are also variations based on asset types. For example leverage on commodities such as Gold will not be the same as cryptocurrency pairs. We have noticed that members registering for Bitcoin 360 AI are offered leverage of up to 5000:1.
There is no possible way for anyone who accepts this leverage to actually generate wins and be able to cash out. That’s because leverage is in may ways similar to a loan, and we all know that loans are very costly. Avoid accepting leverage in any situation.
Is The Platform Compatible With Any Of The Exchanges?
This scheme is not supported by any of the cryptocurrency exchanges available today. We messaged Kraken, Binance and FTX. None of them knew what we were talking about. In one occasion we were even warned and advised to be wary of scams. This also means that Bitcoin 360 AI is not an arbitrage bot.
Can Bitcoin 360 AI Be Used For Mining?
No. This fake bot has nothing to do with mining. This is a CFD trading app and can only be used with CFD brokers.
What Are Arbitrage Bots?
Arbitrage bots are automated trading programs designed to exploit price discrepancies in the contract buy and sell process. If you are interested in learning more about arbitrage bots message us for additional information.
Bitcoin 360 AI Deposits And Withdrawals
New members who choose to enroll for this service will have no issues funding their accounts. Most credit cards such as Visa and Mastercard are accepted. In some cases even crypto transactions are permitted. The problems start when customers want to cash out.
If your withdrawal request was declined please document the reasons for that. It may come in handy in certain situations.
When we tried to make a withdrawal we were instructed to send documentation 5 different times to 3 different people. Simply put, we were scammed and there was no recourse or any way for us to retrieve our stolen money.
Bitcoin 360 AI on TrustPilot, Reddit, And Other Forums
We have already identified some fake profiles endorsing Bitcoin 360 AI on Reddit as well as other forums and social media. We expect this trend to grow since this scheme is gaining momentum and getting viral. Please inquire with us before you invest.
Bonus Plans, Incentives, and Comps
The sales staff working for Royal FX immediately tried to attach a bonus to our trading account. We refused to accept it and put in a formal request not to have any bonus added to our trading account. That’s because bonuses have trading requirements and in this case it’s 35 times the deposit plus bonus. It’s practically impossible to withdraw funds when accepting these types of “gifts”, so please make a habit of declining bonuses.
Bitcoin 360 AI FAQ
Absolutely not! This is a scam software and the only ones who stand to profit if you invest are the promoters and offshore brokers.
It really doesn't matter. All formats and versions of the Bitcoin 360 AI trading app are scam.
These review websites collect affiliate commissions every time you register through one of their links and invest. They will pretty much say anything in order to convince you that you are investing with a legit trading app. These are all lies.
No. These are fake celebrity endorsements that con artists are using in order to make their sales pitch seem more believable. Don't let them fool you.
No. In most cases new members will not be able to access any type of software. Bitcoin 360 AI is just a new marketing platform that's designed to sell. There is no real technology that powers it.
Depending on where you live you can report this scam to your local financial authorities. Make sure to include supporting documentation and explain your case clearly.
Taxes: How Much Do I Have To Pay?
You needn’t concern yourself with taxes since they are only levied on income or profits generated. Since we have already proven that you can only lose money when trading with Bitcoin 360 AI, we can ascertain that you will not be required to declare any type of income.
A Few Working Alternatives
It’s interesting that most systems are completely worthless, but there are a select few that actually generate consistent profits. We can say that we try out every system that has potential by investing our own money. Our staff only adds new apps to our recommended section after seeing stable results on a weekly basis. So if you are looking for a profitable trading system, now is the time to check out our short list.
Final Thoughts and Conclusions
When we drafted our Bitcoin 360 AI review it quickly became apparent to us that we are dealing with a scam. We have laid out our findings for our readers in a very clear and legible manner. Let there be no room for misunderstandings or misinterpretations, Bitcoin 360 AI is a confirmed get-rich-quick scheme.
For that reason we have blacklisted this fraudulent trading software and are advising our viewers and subscribers to refrain from joining. Should you need additional information in regards to this latest farce, please reach out and message us through our contact page.