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.
What is the Bitcoin generator?
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.
Is Bitcoin Generator legit? Or is it just 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.
How does the Bitcoin Generator work?
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 the bitcoins that you want to be generated the more the time it will take. And 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.
Want a Bitcoin Generator Account? Try an Alternative!
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.
Below are the steps to gain access to the services of the Cryptosoft robot:
STEP 1: Provide personal details
On their official website, you will see a dialog box on the right-hand side where you should enter your name and your email address.
After clicking ‘Get started NOW’, you directed to the next step where you are supposed to fill in your phone number.
After entering your phone number, just hit the ‘Start making $2,200+ a day’ button and wait to be redirected to their trading platform. However, if they do not accept traders from your region, you will not be able to move past this step.
Another thing worth noting is that CryptoSoft has a set number of Traders that can register with them per day and once that limit is exceeded, you will have to wait till next day to register.
STEP 2: open a demo account
If you are allowed access, you should first open a demo account so as to familiarize yourself with the robot and see how it operates so as to make a decision on whether to trust it with your funds or not.
STEP 3: Deposit funds
Once you are satisfied that CryptoSoft is a genuine crypto trading robot, you should go ahead and deposit funds into your real trading account. The only allowed payment methods for deposits and withdrawals are credit cards and bank wire transfers.
The minimum allowed deposit is 250 €.
STEP 4: Activate automated trading
After making the deposit, you should click on the ‘AUTO TRADE’ button at the top to allow the robot to take over trading and make profits for you.
Conclusion
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.