Today we will review a new trading software named Bitcode Prime.
Bitcode Prime is advertised as a fully autonomous exchange robot. This new trading app reportedly uses artificial intelligence technology in order to execute buy and sell orders in a seamless and automated manner. However, we believe Bitcode Prime is a scam. For that reason, we have chosen to blacklist this fraudulent trading platform. We are also recommending that our viewers and members refrain from joining this copied crypto scheme.
We shall not mince words. Our researchers will provide you with verified facts which explain in detail why this fake signals app is just another hoax. We take no pleasure in exposing new get-rich-quick schemes like the Bitcode Prime scam signals software. However, we are obligated to do so since that is the nature of our contract with our readers and viewers.
Bitcode Prime Broker Check: Complaints have led us to the thorny issue of unlicensed brokers and declined withdrawals. Once again, the grievances we received from our members have to do with inability to withdraw existing funds. This is foreseeable, since we encountered the same issues when conducting our £250 deposit test.
When we registered for Bitcode Prime the broker which was assigned to us was named CFD Centre. This broker has a registered business address in Belize. Belize is a very shady legal jurisdiction which is very commonly used by con-artists and criminals as a tax shelter. Another red flag that should catch your attention has to do with how victims are encouraged to try out this new software.
We saw a sponsored advertisement on Facebook. We know that there is a fake news campaign using Elon Musk which is very much active these days. So caveat lector and don't believe everything you read.
Bitcode Prime is what we refer to as the classic "problem site". It means that when you enter you know how much money you have in your wallet, but very quickly you realize that it's hard to know what will be left in the end. We made sure that our review is completely transparent and sincere. The same can be said about our conclusions. Be a smart investor, conduct some proper research, and don't neglect or disregard the facts. Even if you have an unexplained urge to try out new money-making opportunity like the Bitcode Prime scam.
Official Bitcode Prime Website, Login Page, and Members Area: There are quite a few website claiming to be "official". Don't trust any of them!
Scam Evidence
Alright, so take a look below. You will see the main registration area for the Bitcode Prime website. If you examine the bottom and top sections of the sales video (located at the center of the image), you will see that there is a totally different name there.
Bitcode Prime Website and Registration Area
To explain our point, Bitcode Prime is a sloppy copy/paste job and the scammers either forgot or neglected to change the sales presentation with the old logos. Here is the original website and you can see that everything is completely the same with one exception, the logo.
Bitcode Prime Copied Website
Here we have one of the Bitcode Prime "Beta Testers". You can see that he is nothing more than a cheap fiverr actor. We despise fake testimonials, but this time the creators of Bitcode Prime have really taken it a step too far and we shall hold them accountable for their actions.
Bitcode Prime Fake Testimonials
Fake Bitcode Prime Reviews
Some professional finance websites are trying to convince you that Bitcode Prime is your ticket and an easy pathway to financial independence. We beg to differ, and if someone tries to convince you otherwise simply refer them to this page. Then ask them what they have to say about it.
Bitcode Prime Fake News
Fraudsters are relentless. They are using Martin Lewis to promote Bitcode Prime. There are other celebrities like Ryan Reynolds, and members of the Dragons Den that are also being used in the same manipulative manner.
Bitcode Prime Fake News
What Is Bitcode Prime, Who Is Behind It, And How Does It Work?
Bitcode Prime is, as the name may suggest a trading robot for digital currencies. It is said that it is powered by Artificial Intelligence. One version claims that there is a real person behind it, but does not elaborate. There are other versions, each one offers a different narrative. However, in all cases the websites talk about a type of trading robot.
Bitcode Prime Review. Can You Really Access The Cryptocurrency Market With Ease?
Today, we will expose the Bitcode Prime scam. We will start with a few simple facts. First and foremost, Bitcode Prime does not offer a trading dashboard. If this leaves you bewildered it means you are new to the crypto trading scene.
Most get-rich-quick schemes do not offer any kind of signals dashboard. They simply redirect users to a CFD broker and let the sales rep take it from there. Secondly, we conducted a URL check with whoise. All versions we found which claim to be the official website are under 6 months old. That means the various claims in the sales pages are fabricated.
Thirdly, Bitcode Prime is totally anonymous. We tried to message the support staff, but failed to receive a proper answer. This leads us to another troubling issue; customer support. The service is atrocious. There is no other word to describe it, well maybe abysmal. Are you starting to get the picture?
But all that isn't the main issue, which leads us to the most important part of our review.
Our £250 Deposit Test. Our Experience, Benefits Versus Drawbacks
Initially things seemed to go smoothly when we started our investigation. Depositing was quite simple, and this time we funded our account with Ethereum. But right afterwards is when everything started to go downhill. After our initial deposit we were assigned a new account manager named Ethan Randleman. Ethan was very kind and professional at first. But after we lost our money, which happened after 10 minutes he started to become obsessed with us.
That's when we had this unsettling feeling. We felt that we were being led by the nose by professional con artists. That feeling was exacerbated when we started receiving additional phone calls from other account managers. They all wanted us to add money to our account.
One person who was extremely rude instructed us to an an additional £4000 or risk having our account frozen. That was our cut-off point and where we actually switched our phone number. After a period of 3 days we started receiving SPAM emails about other systems. Everything seemed to follow the same pattern of deceptive messages.
Bitcode Prime: Different Formats Same Hoax
After some time passed we started noticing additional variants of the Bitcode Prime scam popping up. In fact, these sites appeared like mushrooms after the rain. It was very quick and they all seemed to be very convincing to the naked eye. Here we have a screenshot of one version for you. Feel free to click the image to enlarge it.
Bitcode Prime: Different Formats Same Scam
Bitcode Prime Security And Safety
Just having an SSL certificate on a domain does not mean that a website is secure. In fact, in many cases the padlock serves as a kind of fig leaf in order to cover up something much more sinister. Bitcode Prime would have you believe you are trading in a secure environment, but this is a lie. Just like everything else on that dodgy website.
An Obscure Sales Pitch And A Dodgy Broker
While trying to decipher what the main selling point is behind this fishy auto-trader we found ourselves completely baffled. Its true, auto-trading is mentioned, but there are many systems offering similar services. We have put together a little chart which outlines the major features or characteristics we found to be lacking.
Of course, there is always the issue relating to the broker. We found that experience to be particularly unpleasant as well. We have already elaborated about this point in the initial part of our Bitcode Prime review.
Is Bitcode Prime Compatible With Exchanges?
No. You will not be able to use the Bitcode Prime app when trading with exchanges such as Kraken, Binance, or Coinbase. Some websites are deliberately lying to you about it. This is done in order to make Bitcode Prime seem more legitimate. Don't believe it for a second.
The Bitcode Prime Cashier (Deposits and Withdrawals)
We have been asked about depositing options that are available with the Bitcode Prime scam software. Depending on where you are from depositing is a simple task in most cases. During our tests, we found out that after registration we were instantly directed to fund our account via digital currencies. In other cases we were referred to a blank page with a message saying to wait for a call. Other times we actually saw the broker page and a deposit button.
So depositing was really very easy, regardless of what happened after we registered. The problems started when we started asking about withdrawals. We conducted two tests. We funded our account, and then immediately proceeded to cash out. In both cases the withdrawal request was declined and our account was shut down. The password was changed and we were not able to login.
Regulatory Perspectives
From a legal perspective Bitcode Prime fails an every possible way. We searched the regulator websites starting with CySec, BaFin, and AMF. We could not find a license number associated with Bitcode Prime. Then we moved on to Patenting. We checked the European Patent Office. Bitcode Prime was never granted a patent. Then we moved on to ISO certifications. These are technical requirements or standards that are set in place to make sure the software is functional.
We also checked confidentiality of personal information. The Bitcode Prime website has no mention of this anywhere. Lastly we checked PCI Compliance. PCI Compliance are additional standardized technical protocol requirements. They are designed to set quality control measures for firewall settings and storage of personal financial data like credit card information. We received no response from Bitcode Prime support staff about that as well.
Bitcode Prime Trust Pilot, Reddit, and Other Forums
We have already seen fake profiles posting reviews that endorse the Bitcode Prime scam app. They exist on Trust Pilot, Reddit, and even on YouTube. Anyone can pose as a financial expert on these social review platforms and say what they wish. We encourage you to seek professional websites that specialize in the cryptocurrency trading niche and avoid others.
Bonuses, Perks, and Incentives
When we lost our money we were immediately contacted by another "Senior Account Manager" named Nelson Sorrento. Nelson offered us a 50% match bonus on a deposit of £1000 or higher up to £2000 in bonus cash. What this charlatan neglected to mention was that these bonuses are not free.
Once accepted, customers have to trade 35 times the bonus amount in order to cash out. That's practically impossible, and Sorrento knew it. We believe this person used an alias, since we heard someone else approach him and calling him Petro.
For the reasons above, we encourage you to avoid accepting any type of bonus or incentive of any kind. Everything has a price, and this time it is simply too much to pay. Avoid this trap.
What About Taxes?
Don't be too concerned about taxes related to the Bitcode Prime scam. Taxes are levied on profits not losses. Since Bitcode Prime is a losing app, you will have no income to declare with your local tax authorities.
Tested Alternatives That Actually Work!
We usually get asked about legitimate systems. If you are searching for a trusted trading app we have a few for you. Our recommended section offers a few of the finest and most consistently profitable trading apps. We personally test each system and risk our own money before recommending it. So go ahead and check it out!
Recommended Systems
Bitcode Prime Review, Summary, Conclusions, and Closing Arguments
The verdict is in! Bitcode Prime is officially a scam. Our researchers have produced all the proof you will ever need. We already know that there are many websites out there endorsing it. Please refer anyone who disagrees with us to this review. Then proceed to ask them what they have to say about it.
We encourage you to take a more critical approach when researching investment opportunities. We believe that Bitcode Prime is a textbook example of everything that's wrong with online trading today. Should you require any additional information or corroborating evidence, please reach out and message us. We typically tend to respond within 24 hours.
No comments:
Post a Comment