Though Crypto bot has proven to be game changers in trading cryptocurrencies, not all software that claims to be crypto bot service providers should be taken seriously. Some of them are scammers out there to cone you your money.
When looking for a crypto bot, it is always very important to do a background check of the website to find out whether it is really worthy of investing in the platform or not. And that is why we have compiled this review of Crypto Shield. It will help in giving an insight into what Crypto Shield really is and whether it is legit or just another scam.
Crypto Shield is a new website that claims to be an automated cryptocurrency trading platform or in simple terms a cryptocurrency robot/bot. It claims it can make at least $1500 per day, which is quite a lucrative deal though it leaves more questions than answers.
Whilst we would recommend you staying away from the above robot, there are robots that are trustworthy. Below is a step by step of Bitcoin profit, a robot that we have tried and tested and found that it is not a scam. Signing up to this robot is simple, it consists of 3 steps; signing up, depositing and the start trading! The instructions below will give you more information, you can click the link below to get started.
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.
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 Profit offers several payment methods, with card payments being the most popular.
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.
This is always a tough question to answer since it will require a lot of research. But for some platforms, it is very clear from the word go that it is purely a scam.
To start with, in the introductory video, there is a lot of reference to stock markets instead of focusing on the main system which is a crypto shield. And this makes us feel as if this video was just copied from somewhere else and used here. It even pokes questions into the legitimacy of Steve Hopkins’ claim of being the developer of the system.
Also, crypto shield uses unregulated brokers which are too risky to invest with since in case something happens, you will not have a backup plan.
There is very little about how Crypto Shield works. The only information accessible from their platform is that you will need to sign-up for an account with them and then make an initial deposit of not less than 25 euros.
There is no insight as to what strategy the bot uses nor even an explanation of how it carries out its trades. This in a way rises eyebrows since genuine crypto bots are not afraid of laying everything in the open.