Highlights
Pros&Cons
Pros
- Easy to use
- The account registration process is absolutely painless
Cons
- Everything is set up just to make it easy for you to deposit $250 and get ripped off
- No actual live trading option
- Steals personal data and has an almost total lack of security
Key takeways
- Lack of functions in comparison with other trading platforms is a sign of fraud.
- The account creation process is simple, but as soon as you sign up and give them your personal information, social hacking will begin.
- There is no such site in Google, and when you check the main site with errors and content, it is clear this is just a quick and cheap copy of another fraudulent site.
Overview
Table of Contents
Full Review of Bitcoin Union
Although the cryptocurrency market is currently hit by inflation and decisions of the Fed regulatory body, cryptocurrencies in general, and bitcoin in particular still carry a certain ring to them. In the opinion of the general population, the crypto world is still at the cutting edge of technology and finance.
It’s hard to imagine that it is not easy to earn money in crypto markets. It’s still not too hard, either. One just needs to know where to look. That’s the trouble. Lack of information. To be a trader in the crypto markets and have a successful trading process, you first need to do your homework.
Sadly, many are just looking for a quick and easy way to dip their toes into the crypto world, dreaming of the golden dream called – passive income with auto trading. That’s why scammy sites like this one still exist. To lure people in by the promise of a miraculous crypto-income with an automated trading platform.
So, does Bitcoin Union work?
Sadly, no. With this in mind, we’ve prepared a Bitcoin Union review that can equip you with the know-how necessary to spot a fake trading platform by yourself.
In short, the Bitcoin Union trading platform is supposed to trade on a crypto exchange or on other cryptocurrency trading platforms. Allegedly, such trading platforms analyze market trends on the crypto market in order to effectively trade on your behalf.
An automated crypto trading system is supposed to be helpful to both beginner traders and advanced traders. In theory, inexperienced traders can learn from watching the “expert” auto trading platform in action. And the experienced traders can manually set up the bot so its behavior is precisely adjusted to traders’ previously thought-out strategy.
Bitcoin Union exploits exactly the same fake strategy as applied by a number of other scam crypto bots we have been warning about:
It is, actually, possible to find a good auto trading platform that can assist you with making a passive profit. But such a crypto trading platform is a rare occurrence indeed. Most of them are fraudulent, just like this Bitcoin Union scam.
We have seen this graph many times at other websites similar to Bitcoin Union, promoting the same fraud. However, this image is nothing like the user interface of trading software. Also, as you can see the first and last graphs don’t make any sense, representing BTC twice with arbitrary numbers. We can’t really learn anything from these graphs.
Suspicious Lack of Features
If this was a legitimate trading platform, featuring only the Live Trading and Demo Account options would be rather strange. Namely, we’ve found no mention of a myriad of features for crypto trading that well-made automated systems always come with. However, as we know that this is a scam, the lack of features when compared to other trading platforms is not surprising.
When it comes to the actual trading, the scammers only mention the Live Trading feature. Even if Bitcoin Union was a legitimate auto trading platform, it would still be impossible to recommend it due to a total lack of helpful trading tools that other crypto trading platforms have gotten us used to. Portfolio management, mirror and paper trading, trailing features, advanced options for examining the cryptocurrency market trends… There’s none of that here.
Bitcoin Union also promises the service of reliable brokers, but there’s no information about whether those are regulated brokers or not.
As for the Demo Trading feature, in theory, this can be a rather useful option. Demo Trading allows users to trade in a simulated environment. While having no chance of actually losing any money, users can develop trading strategies and get accustomed to the bot’s user interface.
However, as everything points to the conclusion that Bitcoin Union is a scam, we can safely assume that even the Demo Trading feature won’t be helpful in this case. The only thing you can do to help yourself is to avoid this crypto trading platform like it’s the plague.
Misleading Ease of Use
One, sort of, positive thing we can say about this fraudulent trading platform’s design pertains to the user interface. Namely, Bitcoin Union is rather easy to use and the account registration process is totally painless. The entire process is thought-out so that the user can smoothly work the fake platform’s interface and place a required minimum deposit of $250.
Usually, this would be a great thing. However, in our eyes, this makes the scammers even slimier in this case. Of course, they didn’t want to put as much effort into making the rest of this trading system, but they worked hard on making it easy for users to leave their money for the taking.
In fact, that $250 trading capital is all they really want. Exactly the same amount wants any other site of a well-known rogue affiliate network:
Account setup process is easy, but as soon as you register and leave them your personal info, they’ll start calling you in order to convince you to leave a deposit. They’ll claim they’re doing that to encourage you to trade, but that’s a lie. Once you leave the deposit, you’ll no longer be hearing from them. They don’t really want you to start trading, as that’s not possible anyway.
More evidence that Bitcoin Union is a scam
Bitcoin Union’s website is not yet listed in the google search. That’s because fraudulent websites often get busted by various scam-watch websites, then they change their logo or layout, keeping the basic element the same.
For example, trying to find Bitcoin Union, we first reach the well-known website IndexUniverse. They are part of the fraud chain, making their business praising the scams:
As it often happens with this kind of fraud, the curtain doesn’t match the carpet:
This is what IndexUniverse is passing as Bitcoin Union, notice the fake use of logos and the absurd price list of nothing whatsoever. Also, look at the registration info. Verified and trusted crypto services are taking email and password only. Then there are layers of identification due to KYC (know your customer) protocols.
As you can see that’s not where the link takes you. Note the suspicious URL which isn’t even connected to Bitcoin Union. Searching the WHOIS lookup, the owner of the website is hidden.
This is a new layout on the Bitcoin Union homepage and throughout the site, I’ve never seen it before. The copy is similar to other scam websites but even more vague. Usually, they pretend it’s a trading bot, a crypto exchange, or some buzzword-filled tirade about machine learning and AI. It’s all lots of big words that don’t actually mean anything.
Trustpilot and other clues
These scams are usually run from the UK. Trustpilot shows two of the websites with a similar address. So, which one of them is the official Bitcoin Union website? And if both of them are official, we can’t see the point in having multiple websites if you’re running a legitimate business. Why make your potential customers go over two websites while trying to find relevant information?
As you can see two addresses are registered. The new one, Bitcoin Union, is claimed in 2021. There are no reviews, which I’m not surprised about because the bitcoinunion.app is not showing on google search. And when you can’t even find the Bitcoin Union app, there’s no way that you can review it.
The company address is listed in London. At the address is an office building. Fun thing is that other similar frauds are also registered in office buildings of lawyer offices. But when you try to actually locate the “companies” at those addresses, they’re usually nowhere to be found.
Anyway, bitcoinunion.app shows a different logo, and different websites with similar scammy copy, but always a little different layout.
However, this layout of bitcoinunion.io is the one from the start of the review. It has only four user reviews two fake, and two bad. Which is more or less the usual score for this kind of fraud.
We know those two Bitcoin Union reviews are fake as they’re completely unnuanced. Judging by these reviews, the Bitcoin Union robot is the best thing to ever grace the universe. The reviewers have found absolutely no fault with it, while also not going into details on why they think this crypto trading system is so amazing. It just is. Obviously fake.
Note how the layout is different in the thumbnail. This scam is apparently from 2020. The address listed is again in London in one of the corporate office buildings.
Scams are full of mistakes
Scammers hurry to produce many of the websites, employing similar layouts, similar graphic elements, and similar copy. That’s why they often make mistakes, which are all red flags to you. If you know what to look for, you can easily see through their scheme. Luckily for us, it seems they’re not putting much effort into their attempts to deceive people.
Cryptovibes, another fake review site, praises highly Bitcoin Union. Again, shows a totally different website with a similar layout.
But when you follow the link to Bitcoin Union, this website shows up…
Bitcoin Trader?! Another known scam! And a silly mistake by scammers. It’s like they’re not even trying. They’re making mistakes that are so easy to see through that it’s almost offending as they obviously think people are this naive.
FAQ on Bitcoin Union
It’s another in the long line of fake automated trading system websites in the crypto trading industry. They want you to create a Bitcoin Union account in order to leave your personal data. The agents will then call you and ask for a deposit of $250, while promising a great return if you do invest money. The fact is, there is no crypto trading, no money to be made, just brokers fishing for deposits made by the unsuspecting crypto traders.
Yes. It is part of fraudulent websites, a total scam. As we discussed in our Bitcoin Union review, there is a large number of red flags tied to Bitcoin Union. When examined on their own, they’re not definitive proof. However, when you put them together it becomes clear what we’re dealing with. How can these scammers look at themselves in the mirror is beyond us, but, that’s the way it is.
There are many telltale signs and we’ve seen all of them before. The Bitcoin Union “trading platform” is connected to a well-known fraud chain, there’s fake use of logos, inauthentic reviews, multiple fake websites, etc.
Judging by reviews, you can’t profit from Bitcoin Union. You can only lose a $250 deposit, so don’t even bother registering.
No, not at all. It’s just a scam that’s after your hard-earned money.
No. This is a scam, just like many other fraudulent trading robots. There are legit warnings in the disclaimer, however. By registering, you agree to have your data sold or transferred to third parties. You agree to be contacted by agents (to bug you for a deposit). It’s best to steer clear of this fake crypto trading robot.
Reviews
Avoid Bitcoin Union ! It’s definitely a scam. They lure you in with false promises and make it impossible to withdraw your funds. It’s been weeks since I requested a withdrawal, and I haven’t heard anything from them. These people are nothing but crooks !
tried this personally. All i can say, this company needs to be shut down and its operators brought to justice.
I’ve never been good at math, but I’m pretty sure that losing money is the opposite of making money. And that’s exactly what happened when I tried using Bitcoin Union. It’s like they say, “Fool me once, shame on you. Fool me twice, shame on me for using Bitcoin Union.”
Their “expert advisors” are just bots that make random trades, leading to huge losses. Stay away from this shady company!
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