Bitcoin Compass – Crypto Trading Bot Review by Traders
Bitcoin Compass: Full Review of a Scam Crypto Bot
Unfortunately, the growing crypto industry attracts a lot of criminals. They use Ponzi schemes and unethical marketing techniques to manipulate people into giving them money, thinking they are trading with cryptocurrencies. The damage they cause every year counts billions of dollars of practically stolen cash.
And the damage they cause to the crypto industry’s reputation is incalculable.
In this Bitcoin Compass review, we are exposing another fake crypto trading bot. We will explain what Bitcoin Compass trully is, and why users should refrain from making deposits or sharing information on this platform.
Bitcoin Compass: List Of Risks
- No algorithm
- Unethical marketing
- Unreliable user feedback
- Poor web design
- Strong evidence of scam
What Is Bitcoin Compass Trading Bot? Fake Crypto Web Platform Review
Bitcoin Compass is another scam, presenting itself as a crypto trading bot. There is clear evidence that Bitcoin Compass is a fraud. However, we will delve deeper into the Bitcoin Compass scam in the next section. For now, let’s see what they have to say.
So, Bitcoin Compass is a web platform, claiming to provide crypto trading automation. Just like dozens of other scam bots, they claim to have an exclusive algorithm that can make users rich in no time.
The algorithm is, allegedly, based on the latest AI technology. It is “insanely” accurate (97%) and fast. Needless to say, the accuracy of 97% is way overestimated. In reality, the accuracy of 70% is considered to be very high for the majority of genuine crypto trading algorithms.
Also, the scammers say that their “algorithm” has a 70% win rate and 60% of daily ROI. Sounds like a dream – because it isn’t real.
The minimum deposit for Bitcoin Compass is a standard of $250. That’s the least amount of money these con artists wish to steal from every user.
Furthermore, there are only a handful of features available:
- Live trading
- Broker assistance
- Demo mode.
The platform charges no service fees, and deposits/withdrawals are possible via wire transfer, use debit/credit card, e-wallets, or Bitcoin.
Bitcoin Compass has a lot of different websites. One of the latest has only one landing page. So, we don’t know any details about the platform, such as who created it and when.
The other side of the story, however, is completely different and much darker. Here is why Bitcoin Compass is far from being legit, and why its creators should be in jail.
Scam Alert! Bitcoin Compass Caught Behaving Badly
Although proves that Bitcoin Compass is a scam might seem obvious, it is understandable why some people still take the bait. The scammers are very good manipulators and experienced criminals. We will now expose their strategies so that no one ever falls for it again.
Unethical Marketing: Fake Affiliate Reviews
Affiliate marketing refers to a situation in which one party (i.e. a blog) makes a review of a product or a service. For presenting the product to their audience, the affiliate earns a fee for each purchase made thanks to their recommendation.
If ethical and responsible, the affiliate will tell the truth about the product, providing readers with all relevant information to make an independent decision.
However, that is not how Bitcoin Compass affiliates work. On the contrary, they write false positive reviews, saying only great things about the platform. In other words, they are manipulating readers into making an account and depositing at any cost.
Their story is always the same: the algorithm is great, works fast, insanely accurate, and so on. The lies are endless and shameless.
The real function of these reviews is not to inform readers. Their sole purpose is to earn the commissions and clutter Google search results. In such a way, real reviews and feedback can’t ever reach people researching Bitcoin Compass.
Thus, they fall into the vortex of lies and manipulation, produced by the criminal network behind thhis rogue bot platform.
User Feedback on Using Bitcoin Compass
The scammers use the same unethical spin strategy to manipulate user feedback as well. Trustpilot, for example, currently has five Bitcoin Compass pages.
How can one know which one is genuine? That’s the point. It is impossible to know.
Previously, the Bitcoin Compass official website had a list of user testimonials. However, they are now removed. It was too easy to find out that the testimonials were fake: the images of “users” were downloaded from Google or other free stock image sites.
Standard Scam Strategy: Fake News
In the beginning, the Bitcoin Compass homepage displayed a video of a CNN reporter, saying great things about Bitcoin. Probably, the idea was to impress website visitors with amazing profits they could make trading cryptocurrencies and, therefore, using the bot.
However, since the same video was depicted on dozens of other scam websites, people began recognizing the pattern. So, the video is no longer there.
Still, the scammers found another way to appeal to unsuspecting people. They began creating fake news, targeting the Internet users potentially interested in crypto trading. This news was usually about famous celebrities and how they got rich thanks to the crypto trade. And of course, the news would have a link leading to Bitcoin Compass (or other similar scam bots) website.
The fraud was so obvious, that the scammers feel the need to explain themselves on their website.
However, they seem quite ambivalent and unclear here. If the claims were false, why put them next to a tick symbol? In any case, going any deeper into the trickster logic is unneccessary here. It is obvious that these guys are hiding something, and it is better to stay away.
Crude Web Design and Poor Quality Content
Finally, it is possible to see that Bitcoin Compass is not a serious company by the quality of their web design and content. Neither of those is any good.
The websites of genuine crypto trading platforms have a lot of details about their team, algorithm, and pricing plans. Also, they provide educational materials on how to use and customize the bot. Bitcoin Compass, like its sister platforms, has none of those. It is obvious that the website was made in five minutes, and with minimum cost.
And what’s worse, there are absolutely no safety protocols. Users’ most sensitive data, such as mobile phone and bank account numbers, are exposed to criminals behind this whole bluff.
Also, the content is so bad that it is almost funny. Spelling mistakes and typos are all over the website.
If a company has such a lame website, what could be the quality of their service?
FAQ on Bitcoin Compass Trading Bot
Is Bitcoin Compass a legit crypto trading platform?
No. Bitcoin Compass is a platform made by criminals, only presenting itself as a crypto bot.
How much profit can I make with Bitcoin Compass?
It is not possible to profit from Bitcoin Compass, as there is no crypto trading algorithm. Most probably, you will lose your deposit and put your sensitive data at risk.
Is Bitcoin Compass free to use?
In theory, yes. The platform doesn’t charge any fees. However, the real price of making an account on Bitcoin Compass is losing your deposit and personal data.
Our Verdict: Bitcoin Compass Is a SCAM!
The evidence of this Bitcoin Compass review is clear and obvious: Bitcoin Compass is just another fake bot. There is no crypto trading algorithm and no profits. The only thing a user can get from these people is obnoxious phone calls, forcing them to invest more money.
The “brokers” are the tricksters themselves. Their only goal is to take as much money as they can. They couldn’t care less about their users’ interests, data, or resources. Therefore, users are advised to stay away from Bitcoin Compass and trade with reputable crypto bots recommended by users.