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Bitcoin Profit Review – Is it a Scam?

More and more robots are emerging for Bitcoin Trading which makes people find it very difficult to choose the most suitable for them. If you want to know more about Bitcoin Profit, we invite you to continue reading after trying this software ourselves.

What exactly is Bitcoin Profit?

Bitcoin Profit is a platform created by John Mayers in 2017, whose software allows you to trade Bitcoin automatically, without having the need to control the trades.

Once you create an account on the Bitcoin Profit platform, you just have to configure it according to the signals and trends emitted, and Bitcoin Profit will do all the work for you. The algorithm is very complex, but the interface on the platform is smooth and user-friendly.

Bitcoin Profit’s CEO, John Mayers, created this software which claims to operate much faster than its competitors, but the most important question is: Is it really reliable?

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*Remember all trading risks and you shouldn’t risk more then you can afford to lose.

How does Bitcoin Profit work?

Bitcoin Profit works similar to other robots like Bitcoin Future, although it claims to have features that make it different from the rest. This crypto trading robot has been said by many to be reliable but also very easy to use.

The Bitcoin Profit software claims it can read the signals it receives from the market trends, then analyses them and establishes a percentage of success in different operations. If you configure it in the right way, Bitcoin Profit claims it will be in charge of identifying the best opportunities in the crypto market and making the most profit possible.

The Bitcoin Profit software is completely free and they do not charge you anything by using it, except the 1% commission on all your successful operations.

The earnings of John Mayers and the entire team behind Bitcoin Profit are based on the success of its users. If people fail to succeed within the platform, Bitcoin Profit would fall into bankruptcy.

Is Bitcoin Profit Legit?

That seems to be the million-dollar question, which everyone asks before choosing the best Bitcoin robot.

Reports suggest it can achieve a 92% success rate, which means that it claims to have an extremely high accuracy rate.

Bitcoin Profit has emerged on the market, like so many other Bitcoin robots. The difference is that many of them are scam and according to our investigation of thousands of user testimonials and the platform itself, Bitcoin Profit appears to be legit.

You will surely be interested in knowing how it works, plus you will surely also want to know how to use this software to get the most out of it. If that is your case, do not stop reading everything we will tell you next.

After having tried Bitcoin Profit for ourselves, we discovered that:

  • The minimum initial deposit is $250
  • Registration is very quick and easy, anyone can do it in less than 15 minutes.
  • It has a demo account to familiarize yourself with the platform and perform test operations, with fictitious money, before you start using your live account and your money.
  • It reports a 90%+ success rate in its operations.

However, remember all trading risks and you shouldn’t risk more then you can afford to lose.

Open account now

*Remember all trading risks and you shouldn’t risk more then you can afford to lose.

How to create a Bitcoin Profit account, step by step.

Step 1: Registration:

To register an account with Bitcoin Profit is very simple. The new users just need to fill a form with basic user information such as full name, email address, phone number and password. They do not demand complex documents nor make you lose more than 2 minutes in this process.

Step 2: Demo account:

This step can be carried out before or after making the deposit and is not mandatory, so you can skip it if you wish. However, we recommend it because, in addition to helping you become familiar with the platform, it allows you to familiarize yourself with the platform so you can increase chances when you use your real money.

The demo account allows you to start at $1500 USD. It’s fictitious, and if you want to use it, you just have to click on Auto Trade “ON”, and Bitcoin Profit will perform all operations automatically.

Step 3: Deposit:

As is logical, to be able to use the Bitcoin Profit account you need to have funds to back up operations. For this, you must perform a second step that is also quite simple. When you select the deposit option, a pop-up window will appear that will connect with the chosen Broker, in which you will make your deposit.

The minimum amount required is $250 and the payment methods are several: Skrill, MerchantPay, GiroPay, SafePay, Visa and Master Credit. We recommend you to invest no more than $250, to begin with. Then, when you feel more confident with the platform, you can try to go for higher amounts.

Step 4: Live account:

If you have already tried the demo account and feel ready to start, just click on “Push” on the auto trade.

In this fourth step, you can deposit more money if you wish, withdraw any profits, view your operations history, change the configuration and choose the pair with which you want to trade. It is important to note that Bitcoin Profit allows you to trade not only Bitcoin but also Ripple, Ethereum and Litecoin.

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*Remember all trading risks and you shouldn’t risk more then you can afford to lose.

Let’s compare Bitcoin Profit with other robots.

Bitcoin Profit Other Robots

The average claimed success rate in operations is 90% and more

Withdrawals only take 1 day.

You can register in a minute.

Several deposit options

The probability of success rates are much lower.

Some take a long time to pay your money.

Most are usually hard to understand.

Very few offer so many payment alternatives.

Some tips when using Bitcoin Profit:

Do not use Bitcoin Profit as a saving bank: One of the most common mistakes is to let the money accumulate inside the platform. The moment you get profits is the moment you should withdraw them because the world of trading has its ups and downs, and you can lose the whole week’s earnings in one single hour.

Learn from the experts: use the customer service system to clarify doubts, but also take advantage of forums, webinars and YouTube tutorials where trading experts give you data, tips, and strategies.

Start with the minimum ($ 250) and increase the amount as you gain experience in the platform.

Advantages of Bitcoin Profit

Easy to understand platform: Anyone can quickly get familiar with the Bitcoin Profit interface, as well as having a good customer service system and the Demo account to become an expert.

High claimed a percentage of success: Bitcoin Profit claims to have around 90% success in most operations according to reports on the internet, which makes it stand out from the rest of the Bitcoin robots.

Looks like designed with users in mind: Bitcoin Profit looks made for every kind of users. No matter if you are an expert or a rookie, it is made thinking about you and your needs.

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*Remember that all investment opportunities carry a certain risk. This especially applies to cryptocurrencies, which are still relatively young in the financial markets.

Has Bitcoin Profit appeared on TV before?

Bitcoin Profit has been known to be seen on TV before, and word circulates that it’s been in a few shows throughout Europe and US. Is that the case? The shows that Bitcoin Profit has been claimed to be on are the following:

Bitcoin Profit is one of the best apps for trading bitcoin, but the truth is that it hasn’t been anywhere near the TV show Dragon’s Den. There are many images spread around the internet of Bitcoin Profit being on this TV show, but they are all false.

This TV show is the American version of the previous, Dragon’s Den. The truth is that Bitcoin Profit has never appeared or been featured in any of these TV shows. We’ve tried to search online for videos and mentions of the episode, but we were unable to find anything.

Is Bitcoin Profit endorsed by any celebrities?

A lot of successful businessmen and celebrities have claimed they have high hopes for Bitcoin and cryptocurrencies. Some of these have even endorsed a few projects surrounding the crypto sphere. However, have any of these people put any sort of investment in Bitcoin Profit? Find out below:

Elon Musk has been known to love cryptocurrency. Some even daresay he’s the person behind Satoshi Nakamoto, the creator of Bitcoin itself. Truth is, however, that Mr. Musk has shared on social media that he’s never invested in Bitcoin himself, let alone any projects backed by cryptocurrency.

The owner of the Virgin Tycoon empire has claimed that his “Galactic” brand has been built on Bitcoin and cryptocurrencies. He even endorses the slogan “To the moon” with Bitcoin, but he has never invested or backed Bitcoin Profit.

There’s been several reports that Peter Jones, the successful entrepreneur from Dragon’s Den has endorsed trading robots like Bitcoin Revolution and Bitcoin Profit. He’s already expressed on social media that these are all false claims and that he’s got nothing to do with any of that. Was this a tactic to get his name out and seen with Bitcoin and cryptocurrencies? Who knows.

The verdict

Our final opinion is that Bitcoin Profit seems to be reliable and legit software.

Open account now

However, remember all trading risks and you shouldn’t risk more then you can afford to lose.

FAQ

Is there an app for Bitcoin Profit?

Not so far, however, you can access the platform from any smartphone through the browser, as well as from any laptop.

Are there extra or hidden commissions?

No. Bitcoin Profit will only charge you the amount established from the beginning.

How much does it cost to use the Bitcoin Profit software?

The software is free to use. The only payment that you will require is the minimum deposit of $ 250 to be used with the broker.

How much is the maximum amount of profit?

There is no profit limit. There are people who reported earnings of hundreds of thousands of dollars on Bitcoin Profit.

Trading is comes with risk. All content on our website is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate.

markgraham
markgraham

Mark Graham is a finance writer based in London, UK with over 8 years experience in cryptocurrency and stock writing. He has written for a number of online publications and enjoys writing about auto-trading tools.

Comments 10

  1. Avatar grace09 says:

    Thanks for this review. Been considering signing up on Bitcoin Profit. I was wondering though, will I be able to withdraw Bitcoin from my Bitcoin Profit account?

    • Avatar Crypto Vibes says:

      Hello grace09. Thank you for getting in touch with us. I am afraid that is not possible. Unfortunately, the Bitcoin Profit software is not provided with a crypto wallet. With Bitcoin Profit, you will not have to actually own Bitcoins or any other cryptocurrencies because the software is designed to simplify online trading for you. The software basically connects with an online broker and your investments are placed through that broker. All you have to do is wait and see if you’ve made a profit. It is specifically designed for beginners but more experienced users are definitely welcome to give it a try as well. I hope that helps.

  2. Avatar Christopher says:

    is trying the demo mode on Bitcoin Profit helpful??

    • Avatar Crypto Vibes says:

      Hi Christopher. Thanks for your question. Yes, trading in demo mode on Bitcoin Profit is definitely recommended. We are confident that you will not be disappointed by the services offered by the software, but whether a robot suits you or not is often very subjective. That is why the ideal thing to do is probably to sign up on the robot and give the demo trading a try before real money gets involved. It will both help you get familiar with the proceedings of the software as well as find out whether you are satisfied with the services it provides. I hope that answers your question.

  3. Avatar pic544 says:

    Bitcoin Profit really is great. I was a bit sceptical about it, but it really exceeded my expectations. Definitely recommended!

    • Avatar Crypto Vibes says:

      Hello pic544. We are glad to hear that you’ve had a positive trading experience on Bitcoin Profit. We’ve found it to be one of the best ones out there and that is why we recommend it to our readers. I assume you will keep on trading if you are satisfied with it, so I wish you best of luck in your future trades!

  4. Avatar Mary says:

    can I really make that much money on bitcoin profit?? Not so sure about it

    • Avatar Crypto Vibes says:

      Hello Mary. Thank you for your question. It is definitely ok to be sceptical about these kinds of things, you can never be too cautious. The earning amounts promised on the official website on Bitcoin Profit are really high, we are aware of that. The thing is that you actually do have the possibility of making such large amounts of money but that only depends on how much money you invest with. The bigger the investment, the higher the potential earning amount is. However, we recommend starting off with small amounts. If you see that you are making profits, feel free to increase your investment amounts to try and earn more.

  5. Avatar paul040 says:

    I’m actually glad I came across this review cause otherwise I would have never given Bitcoin Profit a try! So so happy I did!!! I made like $200 in two days!

    • Avatar Crypto Vibes says:

      Hello paul040. Thank you for getting in touch and thanks for the very kind words. We are very glad we could help and very happy to hear about your positive experience with Bitcoin Profit. We wish you all the best in your next trades and in life!

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