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In the digital world, online trading is one of the most lucrative activities that one can engage in. If you are a trading enthusiast, you may already be aware that crypto bots can offer opportunities for profit. These robots analyse the crypto market, identifying the ideal entry points, generate trade signals, and even place trades at the opportune moment.
It is also worth noting that not all bots available on the internet are legitimate. Some are just exchange platforms looking to exploit inexperienced customers. It can often be difficult to identify these ‘bad bots’, as most will manufacture false reviews celebrating impressive gains and reliability. In this guide, we will examine Bitcoin Miner, and attempt to ascertain the legitimacy of the software.
What is Bitcoin Miner?
If you have been looking into auto-trading applications, it is likely you have come across Bitcoin Miner. Allegedly, it is designed to leverage the technological power of your IoT (Internet of Things) devices to mine cryptos. Marketers claim that this bot will guarantee average returns of around $2,000 a day.
However, none of this seems to be true. In fact, we don’t believe that bitcoin miner is a bot at all. There seems to be a zero-transparency policy when it comes to the platform’s founder, developers, marketers and affiliate brokers. In short, nobody knows anything about anybody who created or maintains Bitcoin Miner.
Who Is Behind Bitcoin Miner?
It is unclear who the real creator of Bitcoin Miner is. One individual named ‘Dan Manson’ claimed to be the designer through Facebook, but this profile turned out to be fake.
Our Recommendation Regarding Bitcoin Miner
We do not provide sign up guides to a product that we would not use ourselves. If you are looking for an authentic auto-trading platform, one that we would personally recommend you use Bitcoin Revolution. The sign up process is simple, and we have provided you with this simple 3 step guide.
Step 1: Registration
Registering is easy, you’ll need to fill out your name, email address, phone number and then set a password. Signing up is completely free, click the link below to get started. Once signed up, you’ll receive a confirmation email and will need to verify your account.
Step 2: Deposit
Once into your account, hit the deposit button to get started. You will need to deposit the minimum amount, which is $250, and we’d recommend not going over this on day 1. Start small and grow. Bitcoin Revolution offers several payment methods, with card payments being the most popular.
Step 3: Auto-Trading
Once you have funded your account, you will need to decide the trade settings you intend to use. This includes managing your risk by determining your stop loss and take profit limits. You can also decide which cryptocurrencies you want to trade and how many you want to trade at once.
Is Bitcoin Miner Legit or A Scam?
Our research presented several pieces of evidence which would indicate that Bitcoin Miner is falsely advertised. For starters, there are a lot of complaints from previous clients. The software makes profits through affiliate marketing, receiving commissions each time a customer buys through clicking one of their links, not through trading crypto. A closer examination of the platform’s design suggests that it operates by directing its customers toward various offshore brokers, most of whom we hadn’t heard of and are quite likely unregulated.
Our Experience with Bitcoin Miner
Based on the evidence gathered, we suspect that Bitcoin Miner is not a genuine auto-trading software and we would strongly advise against using it. Offering little to no transparency, and very little information pertaining to the mechanics of its platform, we tend to believe those reviews circulating the internet that report Bitcoin Miner as a scam.
Pros and Cons of Bitcoin Miner
A lot of websites advertise themselves as auto-trading bots but are something else entirely. It is, therefore, imperative for traders to do a little research first in order to engage with a genuine trading system. You can find a selection of trading robots that we recommend by clicking the following link: https://coinlist.me/robots
In our experience, if a company is withholding information about who they are and with whom they are affiliated with, there is a good chance that the company is fraudulent. To employ the services of these platforms would likely be the same as throwing your money into the wind.
Frequently Asked Questions
There are several reasons why you should use a robot. However, the biggest reason why individuals choose to use robots is their efficiency and accuracy.
Currently, Bitcoin Miner does not offer a mining app capable of integrating on either Android or IOS.
According to Bitcoin Miner, you can make as much as $3,100 per day, though we fail to see how this amount could logically be attained.
No, the platform requires individual to create one account at a time.