Bitcoin
£10,422.67
-0.45
Ethereum
£295.79
-1.49
Bitcoin Cash
£201.64
-3.37
There are very many cryptocurrency trading robots coming up nowadays and it is becoming almost impossible to distinguish a genuine crypto bot from a fraud. Of course, every developer is making every effort to ensure that his/her product is embraced by as many traders as possible.
Actually, trading cryptocurrencies manually are quite hectic and time-consuming. It is also very stressing since you will have to keep a brace with the ever-changing markets especially considering the volatility of the crypto markets. That is why investors and traders are opting for the auto trading platforms like bitcoin generator, Cryptosoft, and many others.
Automated trading of cryptocurrencies is quite a game changer since with a genuine trading robot, a trader can make lots of profit while typically doing nothing.
Bitcoin generator promises to generate bitcoin coins just like that to its users. It is quite hard to believe but from its homepage, the user is supposed to specify how much coins he/she wants and then generate those coins for his/her wallet. It is supposed to work as some mining software of a kind.
In researching Bitcoin Generator we were unable to find any parties who claimed to be owners or founders of this. This lack of transparency raises greater questions on the authenticity of the service, and may make some believe that it could be a scam.
The question in mind is whether Bitcoin Generator is a legit software or just another scam. There are lots of bitcoin mining software on the internet and the trickiest part is identifying the genuine software.
At times it is better to do it the hard way and just follow the right steps to mine a cryptocurrency than depending on some of these mining softwares.
When it comes to Bitcoin Generator, it was even hard locating its official website. And with scanty information about it, it is not easy to classify it as a scam or a legit bitcoin mining tool. It would be advisable to try an alternative way of earning bitcoin like trading using Cryptosoft.
From their website, they claim that the bitcoin generator generates bitcoins for your wallet. Contrary to most mining pool where one has to pay some amount of money, bitcoin generator claims it is free and there is not even a registration requirement. You are supposed to only give the public address to your bitcoin address and then set the number of bitcoins you want and press generate.
The only remark they have is that the more bitcoins that you want to be generated the more time it will take. There is also a time limit for generating the bitcoins.
But the question of legitimacy still lingers. There are no real testimonials nor are there any information on the developers too.
It is very disappointing to place your hopes on something that later turns to be a total fraud and doesn’t even work according to your expectations and especially when that touches your hard earned money. In this regard, since it was difficult to completely tell if the bitcoin generator is a scam or not, we would recommend you try an alternative way of earning bitcoins.
You could try Cryptosoft, which is tested cryptocurrency trading software that has been used by traders over a long period of time and proved to be profitable.
The Bitcoin generator platform does not have enough supporting information about how it operates. We recommend going for a tested trading robot like Cryptosoft instead.
