Bitcoin Loophole exposed – how does the Bitcoin Loophole work?
Bitcoin is one of the few high-tech software capable of predicting changes and movements in the crypto market and place trades accordingly. The robot’s algorithm is able to make thousands of trades per minute and they assert that most of the trades placed are profitable thanks to the fact that it is 0.1 second ahead of the market.
In order to trade on it you will of course have to deposit funds first. The minimum required for you to start trading is $250. Once you have done that, this software, like Cryptosoft, Bitcoin Code and all the other reliable robots, pool together all the money deposited by users around the world and automatically invest it at the best time to attempt to generate profits for the user.
This means that according to the software, the more you invest, the more money can make. However we recommend taking it slow. There is always a risk of losing funds when trading, so you should start by investing small amounts. If you see that you are making profits, you can start depositing more money to grow your account.
Another important thing we suggest doing is to withdraw some of the money you earn. You should never re-invest everything because whenever you invest, there is a risk that you will lose your money. By withdrawing some of it each time, you will be sure to break even no matter what the outcome of your trades is.
How to register an account with Bitcoin Loophole?
In this section we will run through the Bitcoin Loophole registration process, demo trading and deposit process to get you to the trading stage where you can hopefully start making profits after you login to Bitcoin Loophole.
Step 1: Registration
You can register on the platform in three short steps and it should only take you a couple of minutes. After that, you will be able to either try the demo account or place funds into your account and start your trading experience.
To sign up, you first need to provide a full name and email address. Then type in a password of your choice. The password must be between 6 and 10 characters and must contain both numbers and letters to improve its security. You are then required to choose your country and provide a phone number.
Step 2: Deposit
After you have signed up, you will be redirected to a page asking you whether you want to start trading or try the demo version first. If you click on “start trading”, you will be directed to the deposit portal. You are required to deposit a minimum of $250 to start trading. You can pay via credit or debit cards but also PayPal, Skrill, Maestro, WebMoney and much more. The availability of these payment methods also depends on the country the user is operating from, so do not be surprised if you do not see them as the payment methods listed. Cryptocurrencies like Bitcoin and Ethereum are also accepted as forms of payment.
Step 3: Demo trading
Demo trading gives the account holder a proper overview of the platform. This version of trading helps the trader understand the different functions of the platform. Through demo accounts you will also be able to learn about different aspects of the trading account, such as the sections of the platform dedicated to your total balance, winnings, dashboard, current trades, trading history, open orders etc.
When trading in demo mode, you will be given $1,500 to trade with. Once you activate the auto-trading mode, you will be able to see how the platform works and get familiar with it. The demo account is a perfect practice round for novices and trading with real funds is much easier once you have tried the demo account. Whenever you are ready, you can deposit money and start trading.
Step 4: Trading
Once you have deposited funds into your account, you will be suggested to change the trading settings based on your preferences. You can change daily stop loss, maximum trades per day, daily profits and more. You can also choose the currency pairs you wish to trade with and exclude all the others. When you are satisfied with your choices you can simply activate the auto-trading mode and wait for the investments to be places. Hopefully you will see your balance increase fairly quickly.
|Free to use|
85% claimed win-rate
$/£ 250 Min Deposit
Accepts Credit and Debit Card
All trading carries risk
Bitcoin Loophole: Key Features
Bitcoin Loophole versus Other Robots
|Bitcoin Loophole||Other bitcoin robots|
|Bitcoin Loophole is one of the most popular and well-reputed robots because of its reported success of around 90%.||Many robots have hidden fees and leave the trader with little or no profit at the end of trades.|
|Bitcoin Loophole requires users to deposit a minimum of $250 to start trading.||Other robots tend to require higher sums, which pushes new users to take higher risks.|
|Bitcoin Loophole offers a wide variety of digital coins that users can choose to trade with or without.||Most trading robots offer a very basic choice of assets.|
|Bitcoin Loophole channels funds through regulated and/or reliable online brokers.||Some platforms channel funds through unreliable brokers, risking users’ funds by investing them on the platforms supported by such broker.|
|The trading platform is suitable for all kinds of users, both beginners and advanced.||Trading platforms on other robots can often be perceived by beginners as too complex or by professionals as too simple.|
Why trade with Bitcoin Loophole?
There appear to be several reasons why users enjoy trading with Bitcoin Loophole. Most of the other robots always have some complicated aspects such as hidden fees or bad platform design. Here is what you can expect from Bitcoin Loophole:
- Bitcoin Loophole offers a demo account. Having this option is a demonstration of reliability because its aim is to allow customers to familiarise themselves with the platform before real money gets involved. Not all software of this kind offer trading in demo mode to avoid having users try the platform before depositing money.
- Bitcoin Loophole is user friendly. Both the website and trading platform on this software are user-friendly. The website is very easy to navigate through and you will be able to find all the information you need on it. The trading platform is very simple and intuitive but at the same time maintains several more complex tools. This makes the platform suitable for both beginners and more advanced customers.
- Bitcoin Loophole has a claimed success rate of 90%. The software claims to have a remarkably high success rate, ranging somewhere in between 88% and 92%. This means that according to the software, whenever your trade is placed, the software is around 90% likely to have placed a profitable investment. Please remember that there is always a chance to lose part or all of the money you invest.
- Fast withdrawals. We have already mentioned this, but it is important for us to stress it because not many robots offer such great service when it comes to withdrawals. Withdrawals are processed within hours and can take up to one day only. Many other robots can take up to 10 or 15 days.
Can you make money with Bitcoin Loophole?
The Bitcoin Loophole’s website claims that users can make up to $13,000 in profits per day. According to our test, we have found that this is exaggerated, however many users have reported having had positive experiences on the software.
There are also a few tips that you should keep in mind whenever you trade on this or any other auto trading robot. Here are some valuable strategies to help you make the big bucks trading this software:
- Start small. We always try to make sure that users do not throw themselves into new investment tools by investing huge amounts of money. Especially if you are inexperienced and are using the platform for the first time, we advise you to start with small investments. Please deposit $250 only on your account for your first trades. If you find the functions and proceedings of the platform suitable to how you think your ideal platform would work, then feel free to invest more money.
- Withdraw 25% of your profits. You should of course reinvest the money you make but not all of it. Our suggestion would be to withdraw at least 25% of your profits and reinvest the rest, otherwise you will risk losing your profits as well if you invest everything.
- Follow expert’s advice and continue educating yourself. You can find tons of online videos and tutorials on the best strategies you can use to trade on these kinds of platforms. Find the one you prefer and give it a try on the platform. It is always good to have some background knowledge before you invest funds on a trading platform.
- Only invest what you can afford to lose. Please do not invest more than you can afford to lose. There is always a risk of losing part or all of your funds when trading so make sure you invest normal amounts each time. We understand that $250 may be too little for some people who want to make larger profits. Just make sure that you stay within the limits of your financial possibilities.
Has Bitcoin Loophole been on TV?
Bitcoin Loophole has never been on TV. Despite the rumours that may be circulating on fake news platforms, the software has never been advertised on any television channel.
There are several reports circulating the Web on crypto trading platforms appearing on UK TV show Dragon’s Den. The rumours have created suspicion and controversy as to the authenticity of the software. In fact, as reported on TheMirror, Martin Lewis of Money Saving Expert has been used more than once to promote scams on Facebook and other social media. A public piece read how Jenny Campbell of Dragon’s Den invested over £180 and gained close to £150 in 3 minutes using one of these software. These advertisements are merely marketing strategies that have been used by shady webmasters to get more users to sign up to the scams, in the hope of creating more affiliate sales for them. We can confirm that the Bitcoin Loophole does not agree with these false advertisements and that the acclaimed public figures have no relation to the software.
Despite the rumours going around online, Bitcoin Loophole has never been advertised or appeared on Shark Tank either. If you ever run into news that talk about this, they are likely to be fake.
There have been claims that Bitcoin Loophole was shown as featured in the UK TV show This Morning. Upon looking on the internet, and even Youtube, InsideBitcoins couldn’t find anything that reinforces this claim. This information appears to be false.
Has Bitcoin Loophole been endorsed by celebrities?
There are also rumours about Bitcoin Loophole and several celebrity endorsements. Apparently, people behind some celebrity social media accounts have been publishing posts in which they claimed to be using certain crypto trading platforms and some claim that Bitcoin Loophole was involved in the matter. The platform is in no way linked to these endorsements which turned out to be completely fake, as stated by the real celebrities.
As one of the top faces on UK’s Dragons Den, Peter Jones’ identity has been used many times in false rumours tying the software to him. However, Peter Jones released an official report on his Twitter account where he denied the financial deal. It is important to note that whilst Bitcoin Loophole is a legit robot, users should be aware of false endorsements made by celebrities.
Other interesting rumours involving Bitcoin Loophole and entrepreneur Elon Musk made rounds on the internet. It is true that certain scams were using Elon Musk’s image to promote the product. They claimed that the Tesla co-founder is planning to step down from his role at Tesla to fund the developers. The software’s buyout clause was said to have been worth €250 million of which the arrangement is more of a takeover from the developers. However, all of these are all marketing strategies as Tesla released an official statement stating that none of the information is true. Bitcoin Loophole in particular was never linked to such false endorsements.
There are claims that Gordon Ramsay, the well-known British Billionaire chef, has Endorsed Bitcoin Loophole. InsideBitcoins investigation reveals that these are lies. We contacted Bitcoin Loophole in this regard, and they denied any Gordon Ramsey Bitcoin Loophole endorsement. We have determined that these claims are from unscrupulous affiliates. Bitcoin Loophole has promised to take action against any affiliate tarnishing its name through misleading marketing.
InsideBitcoins recommends that you always carry out enough diligence before settling on any tech product. The use of deceptive marketing techniques is common with most affiliates even for genuine products such as Bitcoin Loophole. Never buy a product based on celebrity endorsement. InsideBitcoins makes the research easier for you through comprehensive reviews like this one. We can confirm that Bitcoin Loophole is legit and worth a try.
The English Comedian Jim Davidson has been said to endorse Bitcoin Loophole and many other trading robots. This, however, has been confirmed by him to be false. He has not endorsed any robots and hasn’t even heard of Bitcoin Loophole till these rumours started.
The socialite Charlie Brake, who got to be known due to his appearance on UK’s Love Island, has confessed to his fellow islanders that he is actually a millionaire. Brake, however, never endorsed or invested in any Bitcoin trading software such as Bitcoin Loophole. His family’s inheritance comes from the food industry.
Has Bitcoin Loophole been featured on any websites?
You will find spread around across the internet, a diverse array of websites which claim that Bitcoin Loophole has been featured on. You can find some of these websites listed below.
Bitcoin Loophole and Reddit
Rumour has it that Bitcoin Loophole and other trading software have been all over reddit. In case you are wondering what reddit is, it’s commonly called the front page of the internet. It’s a social media platform for sharing news and stories or insights.
If you search around reddit you will only see people’s comments on Bitcoin Loophole, but they are biased. A lot of people have made a lot of money when trading with Bitcoin, and some of them even used trading software to help analyse the market trends. Bitcoin Loophole is simply one of these tools that helps people in exploring the crypto environment.
Bitcoin Loophole and Youtube
Rumour has it that the creators behind the official Bitcoin Loophole website have made a video on Youtube showing how the platform works, and how to get started with the auto-trading function.
You will also see many users who claim that Bitcoin Loophole is a scam, and are unhappy with their results with the trading app.
Unfortunately there are no ways to predict whether a user has or hasn’t been successful when trading with Bitcoin Loophole. Bitcoin is a very complex asset, and there are risks involved when trading with it. There are also high rewards for those who are successful in trading with Bitcoin, and Bitcoin Loophole is just one of the many tools to help users achieve the best user experience when trading.
Does Bitcoin Loophole have a mobile app?
We have tried to search a mobile app on both App Store and Google Play. However, we were unable to find one, which means that an app to access the software is unavailable. However, you will still be able to access the platform from your mobile phone or tablet and trade on-the-go because it is web-based which means that all you need is an internet connection to use it.
Bitcoin Loophole Review: The Verdict!
Although automated trading platforms cannot be compared to stock exchanges or brokers, these platforms earn primarily just by providing investment services. The Bitcoin Loophole software is one of the most popular auto trading platforms and for this reason we decided to look into it to find out whether it is a scam or not. It is not. Make sure you start off with small sums of money to see how it goes. If you are happy with it, feel free to make larger investments to try and earn more and faster.
|Free to use|
85% claimed win-rate
$/£ 250 Min Deposit
Accepts Credit and Debit Card
All trading carries risk
Is Bitcoin Loophole a Scam?
Bitcoin Loophole is an automated trading software that claims to make people money by buying and selling bitcoin at the perfect time. Bitcoin Loophole has claims of up to 88% win rate of the trades placed. There have been claims online about Bitcoin Loophole being a scam, however you can read more information in our Bitcoin Loophole Review
What is the Minimum Deposit Required for Bitcoin Loophole?
Bitcoin Loophole is free to use as an automatic trading software. Bitcoin Loophole is connected to a range of selected brokers, which usually require a minimum deposit of £/$ 250 to use.
Is Bitcoin Loophole Endorsed by Peter Jones?
There are rumours about the Dragon and Irish entrepreneur Peter Jones having endorsed Bitcoin Loophole. The Dragon has, however, confirmed via a tweet that this is fake.
Has Bitcoin Loophole appeared on Dragons Den?
Dragon’s Den is a TV show where the successful businessmen known as Dragons invest in entrepreneurs and business that are looking for funding. We haven’t found anything on the internet that links Bitcoin Loophole to Dragon’s Den. There are images online, sure, but no source or confirmation for this.
Is there a Bitcoin Loophole App?
Unfortunately Bitcoin Loophole does not have an app, but their platform is mobile friendly and can be accessed via the web browser on your phone.
Can You Make Money with Bitcoin Loophole?
Bitcoin Loophole is one of the most popular automatic trading platforms known as Bitcoin Robot. Many users have been known to make money when trading with Bitcoin. The best advice we can give you regarding this question is to read our review, try it for yourself and take your own conclusions.