Fact CheckedLast Updated on January 5, 2022 by Stephan Lindburg
Bitcoin Bank review and scam investigation. The Bitcoin Bank (AKA Bitcoin Banker and Crypto Bank) is advertised as an award-winning automated trading app (crypto robot) which utilizes algorithmic-based trading protocols and delivers cryptocurrency trading signals with a “99.4% level of accuracy”.
This Bitcoin Bank software review has nothing to do with P2P (pier to pier) payment methods or decentralized blockchain networks. Contrarily, it has everything to do with a cloned get-rich-quick scheme which has been copied and recycled in countless occasions by various affiliate networks and media agencies. It’s also worth pointing out that there are 2 versions of this website. One of them is Bitcoin Bank, and the other is named Bitcoin Banker. They are both exactly the same, and the only thing which was changed is the logo and color scheme. The rest is almost exactly the same as we shall clearly prove in our review.
Bitcoin Bank Review: Complaints: Our investigation was prompted when we received a fresh flurry of complaints about a new software which promises to make you a millionaire overnight. Victims signing up for the Bitcoin Bank scam found themselves subjected to a barrage of phone calls from rude sales agents posing as “account managers”.
When we registered for the Bitcoin Bank platform the broker which was assigned to us was Brokerz, which is basically blacklisted by every review website in the Forex niche as well as the FCA. It’s well known that this broker is not licensed to manage portfolios for investors, and has been operating illegally for quite some time now.
So it came as no surprise to us when we received multiple complaints from some of our members who claimed that they invested money through Bitcoin Bank and ended up losing their initial €250. Interestingly enough, the same exact thing happened to us when we decided to “risk it” and deposit money into our trading account when testing this fraudulent software.
So if you are convinced Bitcoin Bank is a legit crypto robot which can help you make money, we highly recommend you take a minute to read our informative Bitcoin Bank review because we exposed this horrible piece of trash technology as well as the crooks behind it.
Official Bitcoin Bank Website, Login Page, and Members Area: bestbtcoffers(dot)com/bbank1/index.php?, bitcoin-banker(dot)io
Quick Update: Bitcoin Bank has also been cloned and is now also advertised as Crypto Bank as well.
Scam Evidence:
OK so here we have the Bitcoin Bank registration area. Take a good look at the news-person inside the sales video. His name is Jake Tapper and he is the CNN news anchorman covering a broad range of topics such as politics and current events.
And here is the same news-person, only and he is featured in the Bitcoin Banker as well as Crypto Bank scams. We want you to take a really close look at both of these websites because it provides you with a better understanding of what you are potentially getting yourself into.
Now get ready for the real smoking gun. Below we have the same exact Jake Tapper starring in 6 other documented scams such as Bitcoin Trader and Crypto Revolt. We’d like you to click on the image below and enlarge it so you can see exactly how the scammers operate and what type of methods they use in order to bait potential victims.
And here we can see the bottom section of the Bitcoin Bank website where they talk about laser-accurate performance and an award-winning app. Again, this content is copied verbatim from other scams we have previously exposed and if you continue scrolling down and reading you will see proof of that as well.
OK so here we can see once more that the scammers are using recycled content in order to promote their fraudulent software. If you take a closer look below you will see they using this content for the Bitcoin Revolution and BitQT scams.
Fake Bitcoin Bank Reviews
Alright now take a look at the image below and check out the little red box followed by an arrow where it says “CDN Newswire Press Releases”. Press releases are an easy and safe way for web spammers to gain exposure on search engines because they are in effect “riding” or exploiting the reputation of well-known news networks and publishing press releases through their websites. We view this as a despicable practice, and hope it will end sooner rather than later. But until then we urge you to remain vigilant and search for a unbiased review from leading industry websites only since that is where you will most likely find the type of information you are really looking for.
Bitcoin Bank Fake News
We are witnessing exponential growth in fake news campaigns which are flooding the internet as well as social networks such as Facebook. This is happening because scammers understand that people believe celebrities or individuals with a high public profile. So if you see a fake advertorial-style news article about how Gordon Ramsay is “Jumping On Financial Tech”, you should know that scammers are targeting you with click-bait. Celebrities which are commonly associated with these types of get-rich-quick schemes are Martin Lewis, Members of the Dragon’s Den and Shark Tank, Richard Branson, Elon Musk, Jim Davidson, and many more.
What Is Bitcoin Bank And How Does It Work?
The Bitcoin Bank scam has nothing to do with online banking, and everything to do with defrauding unsuspecting victims looking for a genuine Bitcoin Trading software. This software is supposed to be some kind of automated trading software which offers “precise and accurate hands-free trading powered by an award-winning algorithm”. They say it works by utilizing a new ground-breaking technology which beats the market by by 0.01 seconds. We have heard about the “time leap” technology before and know that it is a complete fabrication and malicious lie.
Bitcoin Bank Review: It’s Not An Award-Winning App (Confirmed)
OK so here we go again with another cloned software based on a template which for some reason scammers are infatuated with. This time they are calling it Bitcoin Bank, and they are intentionally using the seemingly generic or unrelated term “bank” in order to confuse viewers and make it more difficult for review websites like ours to expose them.
The simple truth is that if you make a conscious decision to join this “exclusive group” which is reserved for new Bitcoin millionaires, you will surely end up losing your initial investment and maybe much more than that. The reasons for this vary, but mainly have to do with two main facts. First, there is no software! When you join there are no signals or trading dashboard. In fact, you are actually registering for an offshore broker which you know nothing about. The Bitcoin Bank scam is just another hyped up sales page which is being promoted in Facebook and search engines in various ways and it’s designed to bait you.
Secondly, when you register for a genuine software there is usually some kind of disclaimer which tells you how most retail Forex traders lose their money. When it comes to the Bitcoin Bank scam this disclaimer is not placed in a prominent place and you would have to really make an effort to find any mention of risk or danger of losing your money.
Finally, in their website the scammers claim that the Bitcoin Bank App has a “99.4% level of accuracy” as we have already mentioned in our opening arguments. But if this was true then everyone using this system would be a millionaire, and since we know that this is impossible the only conclusion that we can derive is that Bitcoin Bank is a confirmed crypto scam and bogus trading app. Oh, one last thing we almost forgot. All the testimonials are fake and if you think we are exaggerating leave a message below and inquire (we have proof).
Is It Free?
No, it isn’t. If you really want to “risk it” and invest your hard-earned money using this filthy trading app, it will cost you at least €250, and in some cases even twice as much. That is because those offshore brokers have to cover their advertising costs, and guess whose going to pay for it (that’s right, you will).
What Are Crypto CFD’s And Do Manual Signals Work Better Than Auto-Trading?
CFDs or contracts for difference are actually derivatives or contracts that “derive” their value from the performance of an underlying asset. You can buy and sell Crypto CFDs when signing up for a legit CFD broker such as FXVC, Phoenix Markets, Invstous, and many others. But the real question is what to do after you invest, or in other words how to execute successful trades.
The answers vary, but in most cases investors prefer signing up for a service which helps them trade such as signals or trading robots (AKA auto-traders). As to which is better, well this very much depends if you are the kind of person who prefers to be in control or someone who wants to let robots trade for them.
Persistent Scams That Keep Re-Surfacing
The ones we constantly hear about are Crypto Engine and BitQT.
A Few Viable Options That Actually Work
While it’s true that most systems are flops designed to rip you off and generate money for promoters and brokers, there are some apps which have proven to be both reliable as well as trustworthy. Once we identify a software that has potential we test it. If it passes our screening process and generates profits consistently, we add it to our recommended systems section.
Bitcoin Bank Review, Summary, Conclusions, And Helpful Tips
The Bitcoin Bank scam software and fraudulent trading app is just another hoax in the form of a get-rich-scheme. For that reason and no other our research team decided to blacklist this cloned website and advise our members and viewers to refrain from joining this program. It’s worth mentioning that there is a HYIP (high yield investment program) named Bitcoin Bank as well, but this review is unrelated to that website. Should you require additional information or proof which validates our conclusions, please feel free to drop us a line and message us via our contact page or social media.
