Bitcoin Champion Risk Report — ScammerWatch

Overview

Report status: Unverified Risk
Risk level: High
Last reviewed: May 2023
Category: Fake trading platform

Risk Status

• “$800 daily from $250 deposit” claim: no audited proof, live trading logs, or independent benchmark found
• Founder claims: “Wall Street background” stated — no identifiable individuals found connected to this platform
• User reports of sensitive data abuse: found in publicly available reviews — could not be independently verified by ScammerWatch
• User reports of unauthorized credit card transactions: found — could not be independently verified
• User reports of intrusive phone calls after registration: found
• Platform network: same layout pattern identified in Bitcoin Circuit, Bitcoin Code, Bitcoin Cycle, and Bitcoin Era reviews
• Operator identity: not found
• Registered legal entity: not found
• Trading license: not found
• Demo account: available
• Withdrawal process: not documented — elevated withdrawal risk

Do not deposit before completing independent verification.

Bitcoin Champion is an automated cryptocurrency trading platform. ScammerWatch reviewed publicly available information including platform claims, founder identity, platform network connections, security documentation, and user feedback.

Risk Si>Risk Signals Identified

• User reports of sensitive data abuse — found in publicly available reviews
• User reports of unauthorized credit card transactions — found in publicly available reviews
• User reports of intrusive phone calls after registration
• Multiple unverifiable licenses and reviews documented
• Wealth-promise claims — not independently verified

Platform Netw>Platform Network — Documented

Although they present themselves as a crypto bot, Bitcoin Champion is an automated cryptocurrency trading platform. It is only another scamming and dangerous platform our users are advised to avoid at any cost. 

Platform structure is consistent with Bitcoin Circuit, Bitcoin Code, Bitcoin Cycle, and Bitcoin Era — all reviewed by ScammerWatch:

• Bitcoin Circuit
• Bitcoin Code review
• Bitcoin Pro – scam or legit?
• Bitcoin Cycle crypto bot
• Bitcoin Era trading bot

The same network created at least 50 websites using the same pattern were identified across this network, pretending to be crypto trading platforms.

All these websites use similar strategies to attract users and take away their money. They promise to have the latest AI technology which trades automatically and brings thousands of dollars a day. In the end, however, users only discover that they have lost both their profits and their deposits.

Platform Claims — >Platform Claims — Not Verified

Now, let’s focus on Bitcoin Champion. Allegedly, the platform claims to be no less than a famous brand among crypto bots. It is “famous” because in 24 hours it can make a minimum of $800 profit. And all that with only a $250 deposit. 

The platform claims to have been operating since 2017 and to have produced significant returns for users — these claims could not be independently verified. For their success, they even won awards. At least that’s what they say.

Also, the website tells us that the creators of the platform used to work on Wall Street. However, we don’t get their names to check if the statement is true or not.

If a user invests a larger amount, Bitcoin Champion tells us on their site, then earnings of up to $5,000 are possible.

Sounds unrealistic, because it is.

Making an account on Bitcoin Champion is easy for a reason. There aren’t any safety protocols, no KYC procedures, and no verification steps. The scammers don’t care about that. They want users’ money and data, and they want them fast.

As one might expect, we don’t know many details about how deposits and withdrawals work. Most probably, as is the case with the majority of these scamming bots, the deposits are possible via credit cards. 

On the other hand, the platform promises withdrawals within 24 hours. How the withdrawals are processed, nobody knows. Probably because nobody ever saw a profit or withdrawal from these criminals.

Supposedly, the algorithm is so powerful that it makes predictions with 99% accuracy. It is impossible to predict the possibility of rain in the following two hours with such precision, let alone the hyper-volatile crypto market.

Furthermore, the algorithm is not only precise but also fast. It works 0.01 seconds faster than any other crypto bot in the market.

Web Platform Analysis — Features Documented<>Web Platform Analysis — Features Documented

Also, the interface of the app is easy-to-use and is beginner-friendly. In fact, the interface is so simple that it is unsophisticated. Reportedly, the several available features are:

• Signals (the algorithm performs a marketing analysis based on 6 indicators, and informs the user of potentially beneficial trades)
• Manual trade
• Automatic trade
• Broker’s assistance (allegedly, certified)
• Demo mode.

The system claims to be customizable and can perform multiple trades at the same time. 

Except for trading with crypto assets, it is possible to “invest in various schemes”. Those who guide users through the “schemes” are the online brokers.

However, one of the fake positive reviews reveals to us what is the true purpose of these “brokers”.

Here we can see that the scammers are doing their best to avoid legal prosecution for what they are doing. Hopefully, they won’t be able to do that for long.

The fake “brokers” are most probably the main masterminds behind this entire criminal network, which also includes these fake platforms, already reviewed on our site:

• Bitcoin Evolution robot
• Bitcoin Fast Profit bot review
• Bitcoin Formula scam
• Bitcoin Fortune crypto trading bot

The platform doesn’t have apps for Android and iOS devices, but the webpage is optimized for all devices.

The system supports the following cryptocurrencies: BTC, ETH, BTCUSD, LITE, XRP, BTCEUR, and 8 others.

While we are reading vague mentions of KYC procedures, the Bitcoin Champion and its affiliate reviews don’t tell us the crucial things:

• who created the platform
• is the platform on a cloud
• which payment options are available

Security, Licenses, and Reviews — Evidence

News Coverage and Celebrity Endorsements — Not Independently Verified

The content of these ads often informs readers that they should invest with Bitcoin Champion as soon as possible. And one of the main reasons people should invest is that a lot of celebrities already did. Supposedly, Elon Musk, Daniel Radcliffe, Dragon’s Den, and many other famous people benefited from trading with Bitcoin Champion. 

It is pointless to even contradict this nonsense. Needless to say, Elon Musk doesn’t really need Bitcoin Champion to get rich.

Affiliate Review Activity and Content Analysis

However, it is very easy to see that this is not genuine marketing. Most reviews are filled with spelling and grammar errors. Also, the reviews are written in phony, persuasive language. 

Even worse, the lame content of these reviews holds a series of inconsistencies. While one says that Bitcoin Champion processes withdrawals in 24 hours, the other one says it’s 36 hours.

It all proves that these reviews are generic. Their goal isn’t to inform readers and provide facts. On the contrary, these reviews are there only to fill the top of search engine pages and prevent the truth from reaching the users.

Sometimes, the content is so lame that it’s almost comical. Take a close look at the screenshot below. It is a paragraph from Bitcoin Champion’s official site, the “About us” section.

Did they just openly admit that they work without any licenses? 

User Feedback — Issues Identified

ScammerWatch cannot independently verify individual user repo>User Feedback — Issues Identifiedailable reviews at the time of the original investigation.

The overall rating of Bitcoin Champion on Trustpilot is 2.8 (out of 5). Although generally low, the rating would be even lower if there were no fake positive reviews. 

It is very easy to know that a review is fake:

• the “person” writing it has only 1 review on Trustpilot
• the profile picture is a free stock image
• the content is generic (similar to reviews on sister bots) and/or absurd (containing only a link to the website).

An example of a fake positive user review on Trustpilot

Unfortunately, buying positive reviews on Trustpilot has become a common practice among scammers.

Unlike the positive ones, the bad reviews reveal a completely different side of this bot. There are a couple of disturbing testimonials of people who started getting countless phone calls soon after making an account on Bitcoin Champion.

People complain that the people on the other side of the line are pushing them to invest more. At first, they are promising great profits. But, if a person refuses to give them money, they become very unpleasant and rude. 

Other than disturbing phone calls, people report unauthorized charges to their bank accounts. As one would expect, once the scammers have credit card credentials, nothing prevents them from taking however much they want.

FAQ 

Verification Status

Risk level: High. The “$800 daily from $250 deposit” claim could not be independently verifie>Verification Statuso have a Wall Street background — no identifiable individuals were found. Platform structure is consistent with Bitcoin Circuit, Bitcoin Code, Bitcoin Cycle, and Bitcoin Era — the same pattern identified across at least 50 websites. User reports of sensitive data abuse, unauthorized credit card transactions, and intrusive phone calls after registration were found in publicly available reviews. Trading license could not be found. Operator identity could not be found.

This assessment is based on documented evidence and does not constitute a legal determination of fraud. If you have used Bitcoin Champion and experienced unauthorized transactions, withdrawal difficulties, or deposit loss, or have screenshots, transaction records, or communication logs related to this platform, submit them at scammerwatch.com/report-a-scam .