Bitcoin Profit Review: Scam or Not? The Ultimate Test

Bitcoin Profit is an automatic trading software that claims to make people money by buying and selling cryptocurrency at the right time, offering a win-rate of supposedly up to 92%.

The Bitcoin Profit app, also known as a bitcoin robot, uses a complex algorithm to detect market trends. These ‘signals’ are used by the most experienced traders to open and close buying and selling orders automatically. The Bitcoin Profit software completes this whole process on auto-pilot, making it beginner friendly.

You’ve probably heard about the Bitcoin Profit after seeing a Facebook ad claiming it’s made people rich. You may have also heard that the app was featured on some program such as This Morning and Shark Tank, and trusted by famous business men such as Peter Jones and Richard Branson.

In our Bitcoin Profit review, we look at whether Bitcoin Profit is legit and how it works.

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Try Bitcoin Profit, the most popular auto trader in 2019!

  • 92% Claimed win-rate
  • $/£ 250 Min Deposit
  • Accepts Debit and Credit Card
All trading carries risk

Is Bitcoin Profit Scam or Not?

It’s no secret that everyone is looking for the perfect way to make money online. With the word spreading around trading robots, this is no exception. While some robots claim to be able to generate thousands per day, not all of them stand up to the best. BTC Profit claims to be one of the robots with the highest conversion rate in the wide selection of automatic trading tools, just like CryptoSoft and The Bitcoin Code software.  If you’ve been scouring the web for reviews about this robot you will find that the search “Bitcoin Profit Scam” is very popular. However, after having reviewed the software in detail and read user testimonials and reviews, it seems that there is a very positive opinion of Bitcoin Profit online. We have tested the software and we have found that it appears legitimate and fully working. Read on to find out everything you need to know about this software and whether it’s worth investing in.

Is Bitcoin Profit Legit or Not: The Verdict!

  • 1). Inside Bitcoins has tested the Bitcoin Profit software and the platform is very intuitive and easy to use.
  • 2). Because of high risks and volatility when trading with Bitcoin and cryptocurrencies, we recommend beginning with a conservative investment of $250.
  • 3). Bitcoin Profit claims to have around 92% success rate, meaning that out of 10 trades, around 9 of them would be accurate.
  • 4). Try Bitcoin Profit right now through this link, or read on to learn more first.

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What is Bitcoin Profit?

Bitcoin Profit is an automatic trading software created by John Mayers that claims to operate 0.01 seconds faster than the market average for trading signals and claims to helps many of its users making daily profits by trading Bitcoin and other cryptocurrencies.

Bitcoin Profit works by sending signals on the daily trends, and automatically opening and closing buying orders. Reliable auto trading platforms like Bitcoin Profit and Bitcoin Trader work this way. They are designed for inexperienced users, allowing them to lay back while the system gets to work. These are not the only platforms we consider to be reliable. You can check out our bitcoin robot page to find out more about these robots.

There are many trading robots advertised on the internet that promise to make daily profits. When the term Bitcoin surfaced, people started to be aware of the real value that investing in assets like Bitcoin has. There were several self-made millionaires from day to night, who invested a whole lot of money in trading Bitcoin. At the end of 2017, Bitcoin was the word that had the highest search volume in Google.

Who founded Bitcoin Profit?

According to the Bitcoin Profit’s website, John Mayers, the creator of Bitcoin Profit, created the algorithm so that it operates 0.01 seconds faster than the market average for trading signals.

How Does Bitcoin Profit Work?

The way that the software behind BTC Profit works is very straight-forward. The application provides its users the trading signals for free, and performs the purchase and selling of Bitcoin (also known as buying and selling orders) happen automatically with their selected broker inside the platform. That’s right, the algorithm provided by John Mayers is completely free as advertised on the video in Bitcoin Profit’s homepage.

If you’re wondering why the developers behind Bitcoin Profit are providing this tool for free, the reason is fairly simple. The way they make money is taking a small percentage, as tiny as 1% of all their users’ profit. This means that the CEO of BTC Profit firmly believes that his platform is the next big thing.

How to Place a Trade on Bitcoin Profit

Just like other similar Bitcoin robots, with BTC Profit it’s fairly simple to place a trade.

Follow these steps below to sign up, and learn how to make your Bitcoin Profit login and get started:

1. Registration

Firstly, click here to open your account with Bitcoin Profit. You will need to fill out their registration form with basic information including first and last names, e-mail address, and phone number. For your password, remember to put a word or code that is only known by you, that is easy to remember but at the same time difficult to be discovered. Once you’ve created the account, you will be assigned a broker automatically. This broker is the one your Bitcoin Profit software will be performing the trades with. In order to begin trading, you need to add funds to your broker account.

2. Deposit

Once you’ve selected the option to deposit, you will be taken to the your selected broker’s website. It’s just an interstitial pop-up that’s open inside the Bitcoin Profit’s platform, which means you won’t have to browse all the way back to find your way inside their platform.

The minimum deposit is of $250. The payment methods accepted are many, including Skrill, MerchantPay, GiroPay, SafePay, Visa and Master Credit and Debit cards. It’s true that the more money you invest, the higher your payouts and profit could be. To begin, we recommend making a moderate investment of $250 until you familiarise yourself with the platform.

3. Demonstration account 

You can try the demo account either before or after the initial deposit. Once you’ve selected the demo mode, you will be taken to an initial tour, so you can learn more about every functionality of the platform so you can trade bitcoin even if you’re a beginner.

On your test account, you receive a total balance of $1,500 to start the auto trade mode. It’s very simple, and you don’t need to fiddle with any of settings. Simply click on auto-trade ‘ON’, and the software will begin trading the pairs automatically.

4. Live account

Once you’ve familiarised yourself with the Bitcoin Profit platform, and you’re ready to start try the live mode, all you have to do is click on the switch that reads Push ‘Auto Trade’ to start on the dashboard screen.

On the dashboard is where you can check your Trade history, deposit additional funds, open trades, withdraw your profits, and change the settings. Bitcoin Profit trades with many pairs, including BTC/USD, ETH/USD, XRP/USD, LTC/USD and Crypto/Crypto as well. The cryptocurrencies available in the platform are Bitcoin, Ethereum, Ripple and Litecoin.

To begin your auto-trading, simply choose the amount you want to spend in every trade, the number of trades, and any limits you may want to set like Stop Loss or Take profit. After you’ve chosen the settings and configured the software, you will be ready to activate Bitcoin Profit and start trading.

Try Bitcoin Profit, the most popular auto trader in 2019!

  • 92% Claimed win-rate
  • $/£ 250 Min Deposit
  • Accepts Debit and Credit Card
All trading carries risk

Do I need a Bitcoin wallet in order to trade with Bitcoin Profit?

Bitcoin wallets are not needed to trade with the software. The reason for that is because the software does not buy actual Bitcoins – it trades cryptocurrency and claims to profit on the winning trades. This makes it a very convenient tool as the set up is very minimal, and you also avoid the risk of having your funds hacked.

Bitcoin Profit: Key Features

Payouts

The robot claims that on average, users earn at least $1,300 on a daily basis. Even though you may not earn such high amounts at first, some users have reported to make high profits, part of which they have reinvested to increase their balance.

Verification System

To sign up you will need some personal information, including your email address and phone number. Once you have created an account all you will need to do is deposit funds into your account. To do that you simply have to provide your payment details, but no ID or utility bills. It really is as simple as that.

Withdrawal and Deposits

You can make a withdrawal at any time of the day and you can be sure that it will be processed within 24 hours. In the remote case that does not happen, do not worry, because it could take up to three days. There are robots on the market that take 10 days to process a single withdrawal.

Cost/Fees

The only fee you should be aware of is that Bitcoin Profit plans to keep only 1% of your profits. That is how the platform makes profit. That is a very small amount considering that other robots have ridiculously high commissions and fees to make profit.

User Testimonials

The testimonials and stories shared on their website show that Bitcoin Profit has the potential to change lives. If you’re a new investor and do not know how to trade Bitcoin, Bitcoin Profit can definitely help you. Because the software handles all the trades for their users you don’t need much experience to trade with it. However, note that due to a lot the volatility with the cryptocurrency market, the team behind Bitcoin Profit recommend their users to invest 20 minutes of work per day, and let the software run automatically asides from that. The amount of work required of every user is minimal.

Customer Service

You can contact customer support at any time of the day or the night. There is staff available 24/7 and you may contact them via email. We contacted them to conduct our test and they were very professional and friendly and responded within an hour. Hopefully though, you will not be needing any support.

Brokers

Like all crypto trading robots, with Bitcoin Profit your money is used to trade with online brokers. So basically your investments on assets are placed through brokers. These are regulated and secure so you should worry about this aspect.

Bitcoin Profit Versus other Robots

Bitcoin Profit Other bitcoin robots
✅Bitcoin Profit is one of the most popular and well-reputed robots because of its reported success of around 88%. ❌ Many robots have hidden fees and leave the trader with little or no profit at the end of trades.
✅Bitcoin Profit requires users to deposit a minimum of $250 to start trading. ❌ Other robots tend to require higher sums, which pushes new users to take higher risks.
✅Bitcoin Profit offers a wide variety of digital coins that users can choose to trade with or without. ❌ Most trading robots offer a very basic choice of assets.
✅Bitcoin Profit uses regulated and/or reliable online brokers. ❌Some platforms channel funds through unreliable brokers, risking users’ funds by investing them on the platforms supported by such broker.
✅The trading platform is suitable for all kinds of users, both beginners and experienced. ❌ Trading platforms on other robots can often be perceived by beginners as too complex or by professionals as too simple.

Can You Make Money With Bitcoin Profit?

The software claims it can generate good profits. Just like the other users that have left their testimonials in their website, the platform was easy and simple to use when we tested the demo. Although we didn’t commit as much as the serious investors, we did make automatic trades on the demo. Bitcoin and other crypto assets are highly lucrative, but also have a very high risk due to their volatility. Using a tool like Bitcoin Profit or Bitcoin Revolution can be helpful for new and experienced traders who may wish to invest in cryptocurrencies but do not have the time for manual trading. Below, we will share some tips on how to make the most of your Bitcoin Profit subscription:

  • Start Small. You should start with a small investment to get yourself familiarised with the software. We recommend starting with the minimum deposit required of $250. Once you start making profitable trades, then you can choose to invest a little more to make higher payouts.
  • Withdraw Your Profits. Don’t forget to withdraw your profits when you invest with Bitcoin Profit. Remember though to always reinvest some of the haul earned, to continue earning more and more.
  • Follow the Expert’s Advice. You should definitely mix up a little bit with other settings and strategies from users who have tried the software themselves. Reading about Bitcoin Profit on other blogs and watching videos on Youtube could help you to find the best settings for this robot and to make the most of your account.
  • Only Invest What You Can Afford to Lose. That’s right, you should only invest additional money that you are willing to risk. Investing in cryptocurrencies has a high risk due to volatility. You will find lurking on the web reviews of users who have invested a lot of money into Bitcoin Profit, but didn’t get the results expected. This is completely normal in such a volatile market like cryptocurrencies.

Why Trade with Bitcoin Profit?

There are many trading bots available in the market, and some claim to have extraordinary conversion and performance rate. The problem is that you will always find a feature that doesn’t make other robots as good as Bitcoin Profit. In comparison to other bitcoin robots, here’s what Bitcoin Profit brings to the table:

  • Bitcoin Profit has an intuitive and user friendly platform. Needless to say that this is one of the features that makes Bitcoin Profit stand out from the crowd. The software works with a very complex algorithm, but the user experience is simply one of the best ones out of every platform tested by Inside Bitcoins. It’s very easy to set up the software, and have it up and running in no time.
  • Bitcoin Profit claims to have a high success rate on its trades. Another major difference between Bitcoin Profit and other platforms is the amount of trades that are placed. Basically, the reason why the software claims to have a high success rate of 90% or more is because of the concurrent trades being placed with shorter investments. Out of a $250 deposit, it could place many concurrent trades of as little as $25 USD each.
  • Demo account and tutorials. Inside the platform, you can create a demo account to get yourself familiarised with the software and its functionalities. If you access your mirror account, an account that is created with the broker at the same time you register on Bitcoin Profit, you can access many tutorials and tips on trading and educate yourself in their educational section.
  • Responsive and dedicated customer support. Another strong point for Bitcoin Profit is their customer support. You can engage one of their customer experience representatives any time from your dashboard screen, or on the homepage. The fastest way to do so is via live chat.

Has Bitcoin Profit Been on TV?

Bitcoin Profit has not been advertised on TV. The reason for that is because they have recently completed their open beta platform, and their exclusive  selection process for accepting new users is on a first come, first served basis.

Dragons Den 

Although Bitcoin Profit seems to be one of the best automatic trading platforms out there, it has never appeared in Dragon’s Den. There are, however, a lot of images and fake news spread around the internet that indicate otherwise.

Shark Tank

The same goes for Shark Tank. Despite the rumours spread by fake news and online images, Bitcoin Profit has never appeared on the popular TV shows. These websites are usually just trying to deviate the serious investors on their path of choosing a platform like Bitcoin Profit.

This Morning

There are rumours that link Bitcoin Profit to the UK TV show “This Morning”. We have analysed the images that are circulating on the web, and we haven’t found anything that looks legit, or any episode that has Bitcoin Profit being featured on This Morning.

shark tank

Is Bitcoin Profit endorsed by celebrities?

There seems to be a lot of rumors involving crypto trading robots and celebrities, with robots such as Bitcoin Loophole using celebs as a marketing strategy. These rumours are usually spread around the internet to advertise these platforms by affiliates. But have any celebrities been linked to Bitcoin Profit? Read on to find out.

Tobias LutkeRichard BransonHolly WilloughbyGordon RamsayLewandowski50 Cent

The CEO of Shopify Tobias Lutke has been said to endorse Bitcoin and even endorse trading apps. Tobias clearly understands the value of Bitcoin as being an innovative investment and what a great asset it is, but there doesn’t seem to be anything linking him to the trading software Bitcoin Profit.

Richard Branson

It’s no secret that Sir Richard Branson is a massive fan of Bitcoin. He’s openly said in many interviews of how fantastic cryptocurrencies are, and how he personally knows many people that made huge fortunes out of Bitcoin. As much as Branson supports Bitcoin, there doesn’t seem to be any connections between him and the trading robot Bitcoin Profit.

Holly Willoughby

The presenter for the UK TV show This Morning and Dancing on Ice, Holly Willoughby, has been said to endorse Bitcoin Profit. Rumour has it that it all started after she received a guest on the show that had supposedly introduced a miraculous trading tool that helps people achieve financial freedom and make profit with Bitcoin. None of this has been confirmed. In fact, we could not find the episode anywhere on Youtube where Holly was seen talking about Bitcoin trading.

Gordon Ramsay

There are claims that Gordon Ramsay the British Billionaire has Endorsed Bitcoin Profit. InsideBitcoins investigation reveals that these are lies. We contacted Bitcoin Profit in this regard, and they denied any Gordon Ramsay Bitcoin Profit endorsement. We have determined that these claims are from unscrupulous affiliates. Bitcoin Profit has promised to take action against any affiliate tarnishing its name through misleading marketing.

InsideBitcoins recommends that you always carry out enough due diligence before settling on any tech product. The use of deceptive marketing techniques is common with most affiliates even for genuine products such as Bitcoin Profit. Never invest into a product based on celebrity endorsements purely. InsideBitcoins makes the research easier for you through comprehensive reviews like this one.

Robert Lewandowski

The Polish footballer Robert Lewandowski has been said to be an adept of Bitcoin. There have been claims about Lewandowski and Bitcoin Profit, but nothing can be confirmed about him endorsing trading apps. Footballers do make a fortune with playing, so it would not be uncommon that a few of them invest in Bitcoin.

50 Cent

The controversial rapper 50 Cent has been known to endorse Bitcoin for a long time. He has made it public that he was paid for an album in Bitcoin and he just forgot about it and let it age. The then bankrupt 50 cent had profited millions in Bitcoin, and was even said to have made so much money with trading apps such as Bitcoin Profit.

The truth is that 50 Cent said he was lying on social media, and didn’t make millions on Bitcoin. There are no backup claims about 50 cent and Bitcoin Profit as well.

Mirror and Bitcoin Profit

There are claims of Bitcoin Profit being featured in an article on The Mirror, a UK news tabloid. Truth is that there have been images circulating on the web, usually followed with a story about a single mum making millions by trading with Bitcoin.

It seems to be a fake Mirror page, which leads people to believe it is the real deal. Bitcoin Profit has not been featured on the Mirror, and if you see anything of the sort it’s most likely a scam.

Trading with Bitcoin has made a lot of people into millionaires, and believe it or not, these bitcoin robots do help people with trading and making profit.

Is there a Bitcoin Profit app?

There currently is no Bitcoin Profit app available but you can access the software from any mobile device with an Internet connection and benefit from the same functions you would if connected from a laptop.

Bitcoin Profit Review: The Verdict!

What do all of these successful businessmen have in common? They were all pioneers in their targeted niche and specific product. Although many people have already gotten started with Bitcoin, it’s such a complex asset to invest in that not everyone understands the true value of it yet. That’s why the smart and successful people cracked the best way to get started with Bitcoin and are already making a huge amount of profit on a daily basis investing in this cryptocurrency.

The bad reputation of automatic trading platforms, or robots, comes from the fact that some users who have never traded in their lives create an account expecting to have a 100% foolproof system, when in reality there is a lot of volatility that comes with trading stocks, forex, bitcoin and cryptocurrencies in general. Although Bitcoin Profit appears to be a legit automatic trading robot, new investors should always start with a moderate investment to test the software out. We would recommend an initial investment of no more than $250 to begin.

If you still have any doubts about whether or not you should get started with Bitcoin, and start trading with an automatic trading tool like Bitcoin Profit, take a look at the video below.

 

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Try Bitcoin Profit, the most popular auto trader in 2019!

  • 92% Claimed win-rate
  • $/£ 250 Min Deposit
  • Accepts Debit and Credit Card
All trading carries risk

FAQs

Is it true that Bitcoin Profit has a high success rate?

Bitcoin Profit claims to have a high success rate of around 90% and more.

Is it true that celebrities endorse the use of Bitcoin Profit

No. Celebrities and self-made millionaires recommend trading with Bitcoin and investing in other assets.

Can I withdraw Bitcoin from my Bitcoin Profit account?

No. The reason for that is because Bitcoin Profit doesn’t have a crypto wallet inside its platform. Bitcoin Profit doesn’t require their users to ‘physically’ own the Bitcoins and other cryptocurrencies to use the platform, as they handle money transactions according to their users’ native currency. The Bitcoin Profit software was made for users who have close to no experience in trading. This also doesn’t mean that the more experienced users should not use Bitcoin Profit. The platform was built for everyone.

I’ve seen other products that look just like Bitcoin Profit. Were they all made by the same person?

After 2017, many companies started investing in automatic trading softwares and solutions. The reason why there’s many platforms similar to Bitcoin Profit out there is because of the popularity of the term Bitcoin. This doesn’t mean that there aren’t scams out there. You should always investigate and inform yourself before committing any money to a bitcoin robot or trading tool.

What is Bitcoin?

Bitcoin is a digital currency created in 2009 by Satoshi Nakamoto. Bitcoin relies on its own distributed ledger called blockchain to make peer to peer transactions between their users. The complexity of Bitcoin’s blockchain allows the transactions to be recorded on the distributed ledger and prevents hacking or duplicate transactions. Bitcoins use the mining method to verify the codes in the transactions, and rewards their miners for every block discovered in the blockchain. Bitcoin doesn’t rely on any financial institution to validate trades, making it a decentralised currency.

Do I need to have experience with Bitcoin to use Bitcoin Profit?

No. Bitcoin Profit is a software that does not rely on the user’s knowledge to operate. Although it is recommended to inform and educate yourself about the crypto universe, it’s not mandatory to know about Bitcoin and cryptocurrencies. Bitcoin Profit performs all the trades automatically for their users. All that is required is to provide the initial investment and make a deposit with the broker. Once that has been done, the users can start the software and just monitor the open and closed trades.