Our review exposes the Bitcoin Up scam that was designed to make you lose money with a dirty company.
What is Bitcoin Up
Bitcoin Up is presented as a piece of software that trades cryptocturrencies on your behalf. It is almost entirely automated, which means that you just have to switch it on and watch it trading for you.
Bitcoin Up allegedly launched in 2016, and since than at least 15% of its users became millionaires. The app promises to turn your initial $250 investment into a $2500 daily income.
Can the software really 10x your investment in just one day, is Bitcoin Up legit? The answer is no, it is not legitimate.
Bitcoin Up scam
Just a quick look revealed that Bitcoin Up is a total scam. It is a fraudulent software based on a system developed by scammers. It literally was developed to do the opposite of what it promises, it was made to take your money and transfer it to scammers.
These programs are all the same, they promise you easy and big profits from cryptocurrency trading, but all they will bring to you is the loss of your investment capital.
As experienced traders we can say that if anybody promises you to multiply your money 10 times each and every day, they are scammers. There is no other possibility.
It is just not possible to turn $250 to $2500 in financial trading every day as promised by Bitcoin Up. Crypto markets are wild and having a system that would perform at this level is just pure fiction.
Fake Bitcoin Up testimonials
The Bitcoin Up’s official website features four stories of alleged users of the system. These stories are about quick and big profits, but they all are fake. And we can prove it.
As you can see in our picture below, they used stock photos to portray their fictitious users. The earnings are made up, nothing about this Bitcoin Up testimonials is real.
How Bitcoin Up really works
Bitcoin Up is a scam that is not free, it is designed to get your money. Here is how it works. When you sign up for it, you will immediately be asked to deposit at least $250 with a broker that you won’t be allowed to choose.
It will be an unregulated and shady broker that cooperates with scammers who run Bitcoin Up. Together they will try to get your money, and they will never give you anything in return, certainly not any profits.
Scams like Bitcoin Up will sometimes even let you try their software in a demo mode, but their demo always hides a dirty trick. It will work with fake prices to create profits that would be impossible in real trading.
But a lot of people won’t see through that trick and they will think that Bitcoin Up really works, since it is generating a lot of profits on demo. When they switch it to real trading, their money will disappear so quickly that when they realize it is a scam, it will be too late.
Don’t get us wrong, cryptocurrencies are a real thing, a real asset that can be traded. It is possible to make money in trading. But Bitcoin Up is not about trading, it is a scam that just wants your money, it has nothing to do with real profitable crypto trading.
Bitcoin Up is a scam. The software is not free, you will be required to send your own money to a scam company where it will disappear. Stay away from it!
If you want to try legit cryptocurrency trading, open a free demo account with a regulated broker. You will get virtual money to try everything risk free.
If you want to trade with real money, please be sure to understand the risks and to have good trading strategy.