CoinGPT Review: Is CoinGPT Scam? We Checked!

Last Updated on August 19, 2024 by Stephan Lindburg

Welcome to our CoinGPT review and scam investigation.

CoinGPT is advertised as a top signals app which uses “tested AI protocols” in order to generate consistent profits. That being said, it’s important to differentiate between GPT Coin, which is an Open AI payment system and CoinGPT which is a premier crypto robot. These are two separate and unrelated systems.

In this CoinGPT review, we examined the various benefits, advantages, and potential risks related to this latest automated trading app. Our conclusions are quite surprising, and we must admit that it’s quite rare to conduct an investigation when your initial investment is €250, and end up with €728 by the end of the trading day.

That being said, new members should note that there are various websites claiming to be CoinGPT. The one we checked is named COINGPTAPP.COM, and it is the only one we endorse. All others are fake sites masquerading as legit in order to attract new users.

Official CoinGPT Website, Login Page, and Members Area: https://coingptapp.com/

Executive Overview

The CoinGPT app is a highly functional, easy to use automated trading software for cryptocurrencies such as Bitcoin, Ethereum, and Ripple. This software was designed by professional coders and uses a variety of strategies such as trend or stochastics in order to facilitate effective, profitable, and streamlined trading.

What Is CoinGPT and How Does It Work?

CoinGPT is an auto-trading platform. It uses a combinations of AI-powered scripts and advanced algorithms to power the trading engine. These algorithms are comprised of certain strategies or technical indicators that are deployed in a real-time environment.  Once users register for the program they are redirected to a partner platform or broker. After the account is funded through the cashier section of the software, the app is activated and set on conservative settings.

When you feel more comfortable you can have your account manager set it on intermediate or high risk for you. The account managers will do that for you as a service. Their job is to provide members with anything they need or want.

CoinGPT Trading Dashboard

The CoinGPT dashboard is compatible with an MT4 (Meta Trader 4) Forex trading terminal. That means you can also use an API Key and integrate with an external terminal in order to add additional strategies or functionality.

CoinGPT Special Features

This app offers custom trading strategies. Users can take advantage of the indicators as shown on the sales page, or alternatively integrate with an MT4 Forex terminal. It’s also possible to use a rotation tactics and see which system performs best. We did that and eventually ended up using the CoinGPT software on conservative settings. It’s also possible to use the signals push notifications feature. Once you enable that options signals are delivered to your cellphone or inbox.

CoinGPT Pros and Cons

When we started to test this software very quickly it became evident that the designers knew what they were doing. The app is extremely user-friendly and the signals are very accurate as well.

The only possible downside was that the software limited our investment amount. However, when we switched to higher risk settings that changed as well.

Review Methodology

When we inspect an app we try to implement a more scientific approach. This is also the reason why some of our research have a graduate degree in Statistics or Finance.

Summary	Synthesis
Statistical Analysis	Check the performance stats.
Cashier Evaluation	Are withdrawals easy or not?
Legal Check	Is the app regulated?
The Money Trail	Who ends up with the money?
Rigorous Fact Checking!	Validate and re-confirm the information.

The chart above provides a snapshot of the type of criteria we use as well as how we measure the results. Please note that the charts only contains a partial list of parameters. For reasons related to efficiency we are not able to display all parameters.

How Does CoinGPT Differ From Other Scam Apps?

Well, for one thing is actually performs as expected. Most get-rich-quick schemes use excessive hype and promise “guaranteed profits”. This is far from the case where CoinGPT is concerned. Additionally, the accuracy levels are significantly better than 90% of all the apps we have previously tested. It’s actually quite a relief to find out that once in a while it is really possible to find a software that actually works.

CoinGPT: Fake Celebrity-Endorsed Ads

To date, we were not able to identify any type of fake advertorial-type scheme. However, we expect this to change as this usually happens when a new product rolls out and crafty affiliate marketers use these type of ads to funnel new members to fake CoinGPT sites. Usually scammers stick to big names like Tesla CEO Elon Musk, Amazon Chairman Jeff Bezos, and other celebrities or high profile individuals.

Getting Started With CoinGPT

Getting started is super-easy. New members wanting to start out using this app are required to follow these 3 simple steps.

Step 1: Register by entering your details correctly.

Step 2: Phone verification and account funding.

Step 3: Let the app go to work and start generating profits!

CoinGPT Review: The Verdict!

So after we put all the facts together and completed our evaluation of this app the results came back and they speak for themselves. The CoinGPT scam-free trading app is a winner. We will not be blacklisting this auto-trader today! In fact, we have made a decision to add the CoinGPT app to our recommended section on a provisional bases after trying it out ourselves. We saw with our own eyes how this software makes money consistently. As is always the case, we will constantly monitor the performance of this system. If it starts to diminish or drop in any way it will be rotated out and this review will be revised accordingly.