Fact CheckedLast Updated on January 3, 2021 by Stephan Lindburg
Bitcoin Benefit Review. The Bitcoin Benefit scam APP is advertised as a Bitcoin Robot which “accurately analyzes the markets to ensure your trading success”. But our readers want to know the truth, and we’re not about to beat around the bush. So we assume you were intrigued by some kind of fake news advertisement or maybe you saw a popup ad which looked interesting and offered you an easy way to make a quick buck online. Either way it doesn’t really matter, because if you choose to register for the blacklisted Bitcoin Benefit scam software and fraudulent automated trading platform, you will lose your money (guaranteed). Why do we believe Bitcoin Benefit is simply another money-stealing gimmick? Simple, we invested €250 and after about 15 minutes the software gobbled up all our money and once more we had to listen to some rude broker call us and try to convince us to invest using an “in house app”. What we experienced also helps explain why we started receiving complaints about the Bitcoin Benefit scam, and the reason would-be traders claim they were deceived or misled.
Bitcoin Benefit Brokers: When we signed up for this bogus app the broker which was assigned to us was FinRoyalty, which is an unregulated offshore broker with a registered business address in St. Vincent and the Grenadines. Sleazy unlicensed CFD (contract for difference) brokers are quickly becoming the scourge of the crypto trading community, and when these crooks pay top dollars for paying clients we start seeing things like fake Bitcoin Benefit reviews which get picked up by thieving affiliate networks such as offer vault or click bank. So before you open up your wallet and invest with your hard-earned money, we recommend you put your thinking cap on and read our informative Bitcoin Benefit Review and scam investigation.
Official Website, Login Page, and Members Area: the-bitcoin-benefit(dot)com
Proof Of SCAM
Below is the main sales page and registration area for the Bitcoin Benefit scam software. Please take a good look at the video presentation where Sri Lankan Bitcoin investor and venture capitalist Chamath Palihapitiya talks about how Bitcoin is “a huge deal”.
And here below you can see the same Mr. Palihapitiya saying exactly the same thing, only this time he is being used to promote the Bitcoin Capital scam. To clarify, both sales videos are identical because one liar copied from the other which officially makes Bitcoin Benefit another cloned scam.
Bitcoin Benefit Fake Testimonials: Here we can clearly see that “Brian Bendon” is not a real person and his picture is taken from an image bank. If you take a look at “Linda Dean” you can also see it’s the image of a man, but Linda is obviously a woman’s name (amateur scammers).
The Problematic Bitcoin Benefit “Time Leap” Sales Pitch
If you take a look below you will see that the “advanced technology” section of the website is duplicated in at least 4 documented scams we exposed right here at Scam Crypto Robots. We have even underlined the section which is copied so you can see for yourself what the scammers have done here.
Fake Bitcoin Benefit Reviews
We are first to expose the Bitcoin Benefit scam, so right now there are no Bitcoin Benefit reviews at all (fake or real) except ours. However, we are sure that as time progresses we will start seeing fake reviews being published because that is just the nature of the beast. Some webmasters don’t really care about the integrity of their websites and will post anything as long as they get paid.
Bitcoin Benefit Fake News
Bitcoin benefit has the potential to become a viral scam, even it right now it is not being very aggressively promoted by various media outlets. In the past we have seen fake celebrity-based scams and get-rich-quick schemes which are endorsed by various high profile individuals such as Gordon Ramsay, members of the Dragons Den, Shark Tank, This Morning Show with Holly and Phil, Ant Mcpartlin, Elon Musk, Sir Richard Branson, Peter Lim, and a host of other wealth gurus as well as politicians.
How Does Bitcoin Benefit Work And Does It Make Money?
Bitcoin Benefit is presented to us as an automated trading system which uses an advanced algorithm designed to “scan the financial markets and to find potentially profitable trading opportunities”. However, in reality Bitcoin Benefit is a losing app which only generates money for it’s promoters and offshore brokers as we have clearly proven.
Bitcoin Benefit Review, Ideal Trading Partner Or SCAM?
When you look The Bitcoin Benefit scam website what you actually see is the front end of an elaborate scam which is supported by a sophisticated technological infrastructure designed to provide a turnkey solution for affiliates and online promoters who want to get paid for promoting scams. Bitcoin Benefit has nothing to do with algorithmic trading, and automated functionality is disabled because most legitimate brokers will not allow traders to use fraudulent software. Needless to say there is no “team of dedicated professionals”, and all the mumbo jumbo about “a range of exclusive features” designed to generate profitable trades is a tall tale designed to mislead uneducated would-be traders. So to make a long story short, you can forget about accurate analytics and generating massive profits on auto pilot because Bitcoin Benefit is a confirmed scam and losing app.
Is It Free?
No it isn’t. It’s going to cost you at least €250 to activate this software and in some cases even twice as much. That money will be charged to your bank account by fake brokers like FinRoyalty who are really just gunning for your wallet and don’t really care about your financial situation.
Other Viral Scams Trending
The ones to watch out for are Bitcoin Evolution and Bitcoin Era.
What Are Crypto CFD’s?
CFD’s or contracts for difference are financial instruments AKA derivatives which allow you to speculate on shares, indices, commodities, or currencies (in this case cryptocurrencies). Meaning, you can bet that a price will go up or down and profit (or lose) based on your speculation on how the financial markets will react. If you are inexperienced when it comes to Forex or CFD’s, and are not familiar with basic concepts of technical trading, optimal contract rates, indicators, or various strategies, then you will need someone to trade on your behalf or you can use a signals app.
Proven Alternatives
Today we know for a fact that most apps turn out to be flops designed to deplete your account and generate profit for various promoters and brokers. However, once in a blue moon a new system is launched which actually has potential. That’s when we start testing it, and if it passes our screening process and generates wins consistently we add it to our recommended section. So go ahead check it out!
Bitcoin Benefit Review, Conclusions, and Recommendations
The Bitcoin Benefit scam software and automated trading platform is a bogus app and therefore entirely blacklisted in our review. Our investigation was conducted in a completely transparent and professional manner, and it’s designed to provide our readers with fair and unbiased information in regards to this latest sham (for the lack of a better word). Still, we know some of you are always leaning towards trying out new systems regardless of the facts and will do so as long as you believe there is even a slight chance of generating some profits. So, just to dispel any doubts you may have our staff would be more than willing to provide you with additional proof of scam should you require it. Feel free to message us in regards to any questions you may have via our contact page or social media.
