Last Updated on January 5, 2022 by Stephan Lindburg
Welcome to our Crypto Bull App review and scam investigation. OK we’re not going to beat around the bush and waste your time with a fancy intro about this newly-launched trading platform named Crypto Bull App by Akira Yakamoto (completely unrelated to the Cryptobulls Exchange). Instead, we will simply start off by saying that it’s a confirmed scam and that’s a proven fact as you shall see. The Crypto Bull App is marketed as the most advanced crypto trading software and a top quality signals app which offers a 94% level of accuracy. However, in reality it is another fake auto-trader (crypto robot) designed to attract unwitting opportunity-seekers who are searching for a genuine cryptocurrency trading software. Again, the instigators of this vile get-rich-quick scheme are affiliate marketers who are conspiring with offshore Forex and CFD brokers in what seems to be an obvious attempt to defraud and mislead unsuspecting victims (that’s you). When we signed up to do our €250 deposit test the broker which was assigned to us was Nava Gates, which has a registered business address in Dominica of all places. That means this broker is not licensed to act as a financial adviser or manage a portfolio. In other words, signing up for the Crypto Bull App scam is in many ways like placing your head in a guillotine (metaphorically speaking of course) and the end result is all too well-known. Another issue which got our attention has to do with the actual software. We have seen it before, and after digging in deeper we found out it was used for the Crypto Masterbot scam which we also uncovered here some time ago. So if you feel compelled to join the this thieving program, we highly recommend you read our detailed Crypto Bull App review before doing so since we exposed the crooks behind it and their methods of operation.
Official Website, Login Page, and Members Area: cryptobull-app(dot)com
Proof of SCAM
Alright so here we have the Crypto Bull App main registration area where you can see that they are literally saying you can “earn extremely high income on a daily basis”. But these are just unsubstantiated claims as we shall see.
Crypto Bull App Scam Signals
Here we have the Crypto Bull App signals dashboard, which is a light-colored version of the Crypto Masterbot. We have attached a link to our review so you can see for yourself. You can compare the “top trading signals” section in both systems and quickly realize that its the same exact software just “dressed up” differently. We have also attached a screenshot of both systems for you for comparative purposes so you can see exactly what these crooks have done.
What Is The Crypto Bull App and How Does It Work?
This latest hoax is supposed to be a software which “predicts short and long term fluctuations of digital and Fiat currencies”. They say there is an “internal algorithm for identifying patterns”, and that the system is supposed to be able to identify price movements based on predictive analysis.
Crypto Bull App Functionality and Trading Tools
At first glance this software seems to be impressive. You can alternate from manual to auto-trading, control your risk levels, and even view your trading history to identify patterns of success or failure. But this does not represent a realistic snapshot of what’s going on behind the scenes. It’s true that Crypto Bull App has more features, but at the end of the day it’s just another fake app designed to execute losing trades and it doesn’t matter how professional it looks or what features it may or may not have.
Crypto Bull App Scam: Who Is Akira Yakamoto?
Yakamoto is supposed to be the Founder and the head of development for the Crypto Bull App. In the website they also say that he is a “computer and financial prodigy”. Well that’s simply not true! Yakamoto is a fictional entity contrived by greedy scammers who believe that using a fake name would make their crappy software more appealing. There is no LinkedIn or other social profile which is offered for members to see who this so-called “founder” really is (and with good reason).
Crypto Bull App Review, Magical Trading Software Or SCAM?
The Crypto Bull app is supposed to be “a new and revolutionary trading software which accurately predicts short and long term fluctuations of digital and Fiat currencies around the world.” They also say that the software has an accuracy level of “94%”, and that their indicators use back-tested strategies. This is of course a lie designed to trap you and get you to invest using an unlicensed offshore broker. It’s also mentioned that their software filters out the high-risk trades by using technical analysis, and that Yakamoto found out a way to “predict crypto currencies movements”. According to the Crypto Bull App website, it is this ability which allows the software to cross-reference those predictive patterns with trades (purchased contracts) related to Forex pairs and digital currencies such as Bitcoin and Ethereum and also factor in various economic events such as wars, droughts, or pandemics.
Crypto Bull App Review Continued:
This is one of those cases where our staff understood its a scam not only by examining the information which is provided, but more so by noticing that there are many missing facts. What they first looked for and didn’t see was some kind of back-testing protocol which is supposed to be performed by a professional or licensed third party. The second thing which was missing is a testimonial section. Finally, there is no information in regards to the practical usage of the app. Specifically how the dashboard looks like, behaves, and other functionality-related matters. In short, they are trying to sell you bottled air, and that will not stand!
Fake Crypto Bull App Reviews
We were able to sport a few fake review. These reviews are mostly related to a fragment of an older network of Binary Options blogs which has latched on to this offer and is now actively promoting it. If you see one of those fake reviews make sure to ignore it and move on.
Crypto Bull App Fake News
Crypto Bull App is not one of those systems where fake news is used for promotional purposes. Instead you will most likely receive some SPAM email or see some fake review by a second rate review website which is endorsing scams.
Is It Free?
Absolutely not. It will cost you at least €250 in order to gain access to the software, and that money will be charged to your credit card by brokers such as “Nava Gates” who don’t really care about ethical business practices.
What Are Crypto CFDs?
CFD’s or contracts for differences are derivatives or contracts that derive value from the performance of a certain underlying asset. As opposed to stocks for example, you don’t have to own the actual CFD, you merely speculate as to the direction (up or down) of a certain contract and the profit or loss is yours. CFD’s are also available for the major cryptocurrencies such as Bitcoin, Ethereum, or Ripple.
Tested Alternatives That Work
Our team researches the internet on a daily basis and exposes various scams and crypto get-rich-quick schemes. However, once in a while a new system is launched which actually has potential. Once we spot it, we test it and if it passes our screening process and generates profits consistently we add it to our recommended section. So go ahead and check it out!
Crypto Bull App Review, Summary, Conclusions, and Recommendations
The Crypto Bull App scam software is blacklisted in our official review and investigation. This is one of those cases where scammers are trying to ride the bullish market news wave and the fact that Bitcoin is gaining value and popularity. It won’t work, and consequently we are warning all our members and viewers in regards to this latest crypto scam. Should you need additional proof of scam or information in regards to the Crypto Bull App software, please reach out and message us through our contact page or social media.