Fact CheckedLast Updated on January 24, 2021 by Stephan Lindburg
Welcome to our Bitcoin Power review. What is Bitcoin Power and is it a scam or legit automated trading software? Well, Bitcoin Power is advertised as a kind of robotic trading app which allows its members to “trade a wide choice of financial assets”. But what is it really and can you honestly generate income using this trading platform? The short and definitive answer is no. If you make the mistake of registering for this thieving automated trading software, you will quickly end up losing your initial investment and realize what it feels like to get scammed by professional ripoff artists. We know this to be true because we tried it ourselves and after investing €250 we started receiving phone calls from all kinds of people with strange accents who told us we needed to invest at least €5,000 if we wanted to see some “real money”. The account manager’s name was Max Fischer, and the CFD (contract for difference) broker which was assigned to us was “Online Trading”. Needless to say our initial investment evaporated in a matter of minutes, but we anticipated this and had no great expectations about the Bitcoin Power scam software.
Bitcoin Power Complaints: We originally heard about Bitcoin Power after receiving a complaint from one of our viewers. Apparently our subscriber from the United Kingdom saw a fake news advertisement with Ed Sheeran and a wealth loophole which managed to generate massive income for him on auto-pilot. Obviously that was a lie and similar to other get-rich-quick schemes we have already blacklisted here on ScamCryptoRobots.com. So if you are absolutely convinced that Bitcoin Power is a genuine trading software, we strongly suggest you read our informative Bitcoin Power review before risking your money because we exposed this latest ruse as well as the con artists who are pulling the strings behind the scenes.
Official Website, Login Page, and Members Area: the-bitcoin-power(dot)com
Scam Evidence
Below we can see the Bitcoin Power main registration area. Please take a look at the video located at the center of the website and the actual registration form where members are requested to enter their details.
Now take a look at the screenshot we have provided for you below where you will find three cloned websites in a side-by-side manner. You can clearly see that Bitcoin Power is a part of a network of websites which are created in a cookie-cutter format and provided for affiliates and online promoters who wish to plug into a “ready-made” software and start peddling it in order to receive referral commissions.
And here we have another format with the same name but different design. Suffice it to say, all formats are confirmed scams and the end results is the same in all cases.
Bitcoin Power Fake News
We have seen 2 fake news articles which keep popping up on search engines when clicking on text ads. The first one used Akshay Phillips, and the second was with Martin Lewis. There are other ones and they are all using fake UK Mirror websites to promote these scams. The National Cyber Security Center in the UK claims it has removed “over 300,000 URLs linking to investment scams with fake celebrity endorsements.”
We believe that this is a just a drop in the bucket and scammers are getting more sophisticated as they keep switching domains, websites, and servers.
Fake Bitcoin Power Reviews
There are a few fake Bitcoin Power reviews, and they will all try to sell you the ridiculous idea that this trading platforms offers a high win rate through advanced trading algorithms (see proof below).
Of course those are more lies which are designed to get you to register for this fraudulent software through their affiliate websites. We encourage all our members to do some serious research before investing and never trust any website which endorses every possible software which is launched.
What Is The Bitcoin Power App and How Does It Work?
The Bitcoin Power scam software is supposed to be an algorithm-powered automated trading platform which buys and sells crypto CFD contracts on auto-pilot without any form of human intervention. This is of course a fabrication and complete distortion of the truth. This fake app is designed for the sole purpose of baiting unsuspecting victims by getting them to register with unlicensed offshore brokers.
Bitcoin Power Review – Losing App Exposed!
The Bitcoin Power scam software has nothing to do with trading financial assets or for that matter any type of online trading. There are no algorithms which analyze price movements in the financial markets. The cheap sales pitch about accurate, “data-driven” signals is also a misrepresentation of the facts and a pathetic attempt to mislead potential victims searching for a genuine Bitcoin trading app. We also found 3 common features or characteristics which are used in all of these illegal websites.
- They all use the same font types which are Lato Regular and Lato Semibold.
- They use a company named Push Engage for push notifications (irritating practice).
- They all use Mylivechat, which is a live chat feature that is usually found at the bottom right-hand side of their websites.
There is plenty more incriminating evidence, but after providing the screenshots as well as the other methods of operation we believe our viewers now have sufficient information from which to draw their own conclusions and act accordingly.
Is It Free?
Absolutely not! It will cost you at least €250 to get started using the Bitcoin Power scam app, and that money will be charged to your credit card by thieving offshore brokers who are simply interested in getting you to deposit as much money as you can so they can steal it.
Bitcoin Power Regulation
This software is not patented and it is completely anonymous. We don’t really know which company developed it, and there are no testimonials by anyone who is willing to step up and say this system is the real deal.
Other Viral Scams
The schemes we have received the most complaints about are Immediate Edge and BitQT.
Tested Alternatives
If you are searching for a genuine trading app then you have reached the right website. Our recommended section lists the best and most consistently profitable systems available to traders. Before we recommend any software we test it ourselves and invest our own money. So go ahead, check it out!
Verdict: Bitcoin Power Review, Summary, and Conclusions
The Bitcoin Power Scam software and bogus automated trading app is a blacklisted get-rich-quick scheme. As we have already proven, this latest hoax is a part of an illegal network of cloned websites designed to trap unsuspecting victims by getting them to register with illegal offshore CFD brokers. Bitcoin Power is particularly misleading because it only speaks of the potential benefits of joining this service, but does not mention the risks which are involved with online trading (there are many). If you require additional information in regards to this auto-trader, or alternatively believe our review is inaccurate, simply leave a message below or message us through our contact page.
