What is a Bitcoin Bank?
Bitcoin Bank is a passive online income tool. A closer look at consumer review sites such as TrustPilot indicates that most of its users are ordinary people with no prior trading experience.
Bitcoin Bank is also popular with expert traders. But what is it, and how does it earn the reported high rate of return? Bitcoin Bank is a powerful and highly specialized computer program founded out of the trading wisdom of five Wall Street institutional traders.
The five are former hedge fund managers with years of experience trading traditional assets in forex and stock. They came together in 2016 and automated top-level trading strategies for bitcoin trading. Initially, they made the robot for private use and supposedly used it to generate over $100 million in the crypto boom of 2017.
After the boom of 2017, they decided to name the robot Bitcoin Bank and offer it to the public for free. However, the robot is not accessible for all, and new account slots are offered on a lottery basis. Consequently, you need to keep checking on their website to determine if a registration window is open.
It is worth noting that this robot is among the few BTC robots that are 99.99% auto. Bitcoin Bank comes with a trading guide to help beginners navigate through the platform and avoid costly mistakes.
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The Bitcoin Bank trading robot
The trading robot is an independent virtual program that coordinates the entire crypto trading process on the site. The development team has revealed some information about the trading robot. What is known at this time is that the Bitcoin Bank trading robot has been developed with AI-based modern tech that increases its operating capacity to trade cryptocurrencies.
A description of how the trading robot works, as displayed on the Bitcoin Bank site, indicates that it scans the cryptocurrency market to detect the best trading deals available at that time. The trading robot uses the account owner’s deposit to buy cryptocurrencies offered on the market at a low price. The purchased crypto is held until the market value increases, and then it can be resold to make a profit.
While the trading activities of the Bitcoin Bank trading robot seem automated, the user can maintain control of the system in different ways.
On the site, the users are given different options to determine the direction of a live cryptocurrency trading session with Bitcoin Bank. It is shown that the users can activate the following options;
Setting a stop-loss limit on their account – the stop-loss function is a special setting that allows the account owner to protect their capital. The stop loss feature limits the trading robot’s access to all the funds available for completing transactions during a live trading session.
Activating and ending live trading sessions – Bitcoin Bank account owners also have the authority to start and end live trading sessions. If it is seen that a live trading session is not yielding the expected profits, the user can end the trading session and activate trading at a later date when the market trends are favorable.
How does the auto trading system work?
We had a good look at the functions of the auto trading system, it is amazing. My team set up trading sessions early to give us enough time to study the automated trading process on the platform.
We first observed that the simple operating processes for Bitcoin Bank will make it easy for anyone to start making money with the system. We can confirm that investors will not need specialised skills to invest and gain with Bitcoin Bank.
This is how it works, the registered users can schedule trading sessions, which are started with a click on a button. When a trading session is started, the robots scan the crypto market to find the best crypto deals that can make the investor richer.
Good deals are secured and processed automatically, and in the end, the profit is transferred into the users’ account balance on the platform, where it can be reinvested or withdrawn.
Who founded Bitcoin Bank ?
The founder of Bitcoin Bank is a group of anonymous scammers which you will probably never be able to find their real identities..
Bitcoin Bank Scam Review
- Website URL : bitcoinbank.io
- Type of Scam : Trading App
- Promise : Big Profits
- Regulation : None
Have you been scammed by Bitcoin Bank ?
Bitcoin Bank is a fraudulent software scam to avoid at all cost. If you have been scammed and want your money back, check out our ChargeBack process here or get a Free Consultation by a team of expert by clicking here.
You might have stumbled upon Bitcoin Bank when looking for ways to earn money online. This robot is being marketed as a tool that helps ordinary people make profits from bitcoin trading. Bitcoin Bank has a supposed profitability of up to 400% daily.
Such a return reportedly helps users get a daily stream of income of up to $1k from a deposit of $250. The high supposed profitability makes most be skeptical of the legitimacy of this robot.
From this article, you will learn if Bitcoin Bank is legit or a scam? We will also offer some tips to help you improve your potential with this robot.
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Bitcoin Bank Review: our Conclusion!
Bitcoin Bank is a fraudulent software scam to avoid at all cost. If you have been scammed and want your money back, check out our ChargeBack process here or get a Free Consultation by a team of expert by clicking here