Bitcoin Loophole Review: Legit or Scam Trading Robot?
- 1 Bitcoin Loophole Review: Legit or Scam Trading Robot?
We have decided to review Bitcoin Loophole due to public demand. This robot has been around since 2015 and is one of the most popular crypto trading robots today.
It claims to have the potential to generate daily returns of up to 400%.
Some users allege making up to four times their invested capital in less than 24 hours of trading.
But is Bitcoin Loophole legit and can it make the alleged profits?OPEN A FREE ACCOUNT
From the data we have analyzed, Bitcoin Loophole appears to be legit.
The robot is well-reviewed by users and has some of the best trading technologies in the industry.
Read this review to the end for tips to trade successfully with Bitcoin Loophole.
What justifies Bitcoin Loophole alleged profitability?
Bitcoin Loophole can allegedly make up to $5k in profits per day from a deposit of as little as $250. Most beginners are sceptical about this level of return until they try the bot.
Here are some justifications to Bitcoin Loophole performance.
- Bitcoin Loophole is based on AI technologies. These technologies have a proven track record in traditional asset trading. It is through these technologies that the likes of George Soros managed to become the world most prosperous traders.
- The robot applies a leverage of up to 1:5000. This allows users to bet on positions worth up to $5000 for every $1 of invested capital. High leverage means more returns even though it can also lead to humongous losses.
- Unlike traditional assets, crypto markets tend to be highly volatile. Robots such as Bitcoin Loophole capitalize on volatility rather than the direction that asset prices take. Consequently, Bitcoin Loophole remains viable even in falling crypto markets.
What is Bitcoin Loophole, and how does it work?
Bitcoin Loophole is an auto trading bot founded to help ordinary people trade bitcoin.
Consequently, the bot runs on autopilot and doesn’t require any trading experience to use. Most people who report great success with this robot have no prior crypto trading experience.
Bitcoin Loophole relies on advanced AI algorithms to glean insights from the bitcoin market big data.
Moreover, it executes these insights automatically by relaying them to a partner broker. The partner brokers have advanced execution systems to avoid slippage.
As we will see late in this review, Bitcoin Loophole only works with well-regulated brokers. With regulated brokers, traders have an assurance of the safety of their deposits.
Regulators require all brokers to segregate deposits and adhere to strict reporting requirements.
Apart from the partnership with regulated brokers, Bitcoin Loophole also observes strict data privacy regulations, including the EU General Data Protection Regulation (GDPR).
This regulation prohibits firms from sharing customers’ data without consent.
Bitcoin Loophole trades at a margin of up to 1:5000. Such a level of leverage means that users can take positions worth up to half a million dollars from a deposit of $250.
High leverage results in huge returns but can also lead to significant losses.
Case in point, a $250 account can allegedly make up to $5000 per day when trading conditions are right. However, it can result in the trading account being wiped out when the robot’s predictions are wrong.
Bitcoin Loophole applies stop-loss, take-profit, and negative balance protection features to minimize risk.
Moreover, it has a supposed accuracy level of above 90% which means that it beats the markets most of the times. Nonetheless, the risk remains, and it is therefore, paramount to only invest what you can afford to lose.
The recommended amount to start with is $250. You can always grow by ploughing back returns.
Some reviewers claim that it is possible to grow such a small account to hundreds of thousands of dollars in months.
Trading with Bitcoin Loophole is straightforward. Anyone can trade with the robot provided that they can read and understand instructions.
The trading guide that comes with this bot is written in layman’s language.OPEN A FREE ACCOUNT
How to register and trade with Bitcoin Loophole
Bitcoin Loophole is accessible in most countries. However, there are a few that are restricted, especially those that prohibit crypto trading.
You should try the registration process here to confirm if this bot is available in your country.
Step 1: Registration
The process involves submitting your name, email, and phone number in a form displayed on top of the page.
You must submit your name as it appears on your government-issued ID and a working email and phone number.
You will be asked to verify email and phone number.
Unlike most bots, Bitcoin Loophole doesn’t require users to go through the tedious KYC process.
Step 2: Deposit/Payment
After registration, you can go ahead and commit your trading capital. As mentioned previously, the minimum amount you can deposit is $250.
The deposit happens through a local broker who is a partner of Bitcoin Loophole. This means that the robot will automatically take you to this broker’s page to deposit.
You can deposit through debit/credit cards, wire transfer, crypto wallets, and e-wallets such as Neteller and Skrill.
Bitcoin Loophole does not charge any deposit fees.
Step 3: Trading
All you need to trade with this bot is to adjust risk per trade settings and click the live button.
The risk settings can be quite confusing for beginners, and it is therefore paramount that you go through the provided guide before going live.
It is also a good idea to trade a demo before going. The Bitcoin Loophole demo simulates real market happenings through historical data.OPEN A FREE ACCOUNT
Bitcoin Loophole and Celebrities
This robot is viral on social media and is attracting all manner of rumours. Some posts on Pinterest allege that some celebrities have endorsed Bitcoin Loophole.
We have contacted Bitcoin Loophole to clarify these rumours, and this is what they have to say.
Peter Jones and Bitcoin Loophole
Some of the posts allege that Peter Jones has invested in Bitcoin Loophole. However, we haven’t found any evidence in support of these rumours.
Moreover, the robot has disputed these claims and confirmed that it does not disclose the identity of its investors.
Elon Musk and Bitcoin Loophole
There is also gossip about Elon Musk investing in Bitcoin Loophole. However, there exits no proof to support these claims.
Bitcoin Loophole holds all clients information confidentially and is therefore not likely to reveal the identity of any of its investors.
Do not fall for the fake news bait by clicking on gossip headlines. Always verify all information before accepting it as the truth.
Also, avoid relying on celebrity rumours when making investment decisions.OPEN A FREE ACCOUNT
Gordon Ramsay and Bitcoin Loophole
Gordon Ramsay is another celebrity mentioned alongside Bitcoin Loophole.
But is it true that he has invested in this robot?
This review confirms that Bitcoin Loophole Gordon Ramsay rumours are a lie. It seems that the platforms spreading the lies are mostly low ranking gossip blogs.
Avoid such platforms by always conducting background checks on any piece of news before taking it as the truth.
Bitcoin Loophole is popular and hence a magnet for fake news. Always verify information on their official website before accepting as the truth.
Bitcoin Loophole Review: The verdict!
Bitcoin Loophole seems legit.
This robot has the best rating on TrustPilot in crypto trading bots category.
Moreover, it has perfect reviews on ForexPeaceArmy, another independent consumer review site.
We have done a demo test on its platforms and determined that they are based on real AI technologies.
Bitcoin Loophole appears to be easy to use even for complete beginners. As illustrated in this review, there is no particular skill that is needed to trade with Bitcoin Loophole.
Simply follow the guide that comes with it to register and trade.
While Bitcoin Loophole has high alleged profitability, it is not risk-free.
It trades on high margin, which means that it is possible to blow an account. You should only trade with what you can afford to lose when trading with high margin robots.OPEN A FREE ACCOUNT
Yes! Bitcoin Loophole has all the features found in legit bots.
For instance, it only works with regulated and reputable brokers.
The profitability with this bot is tied to invested capital, trading settings, and market forces.
Some users allege generating up to €5k daily.
You need at least €250 to trade with Bitcoin Loophole.
You can deposit via debit/credit cards or e-wallets such as Skrill and Neteller.
No! Bitcoin Loophole provides free withdrawals for all methods, including crypto wallets.
This is a great advantage given that most bots charge withdrawal fees.
Steve Rogers has a degree in Finance and journalism. He coaches at different educational centers and is a freelance writer for multiple financial outlets and cryptocurrency portals. He has a great passion for the cryptocurrency market and he often writes reviews on new released products in this sector.