The adoption of cryptocurrency worldwide continues at a steady rate, with more and more individuals, businesses, and even government institutions incorporating crypto. With such popularity, many people hear about cryptocurrencies and arrive at the same, erroneous conclusion – this is a tool they’ll be able to utilize to get rich quickly.
Well, that’s exactly the kind of beginner that crypto trading bot scams are targeting. While legitimate trading bots can indeed be a valuable trader’s ally and successfully automatize some of your trading activities, unfortunately, such automated trading solutions are usually nothing more than dirty frauds. The con artists will just steal your $250 minimal deposit and take off.
And the same goes for Bitcoin Champion. The issues encountered here are the same as found when dealing with other fake bots, such as Bitcoin Loophole, as plenty of these scams are actually run by the same con artists. So, read on to learn why exactly you should steer clear of Bitcoin Champion, as we go through all the key red flags.
1) Suspicious Website Content
First of all, the content of Bitcoin Champion’s multiple official websites is rather suspicious.
To start with – why would a legitimate product need three or more websites, anyway?
Well, as we said, the same scammers are behind quite a few trading bot scams. So, what they do is slightly modify the websites once one of their previous scams is busted, in order to accommodate the next scam. They just change the name of the alleged trading bot, while keeping the same design. This makes it easier for them to scam people.
The specialized Scammer Watch site tells us that the content of these websites is always just tangentially connected to the actual product. And it’s the same in the case of Bitcoin Champion.
Namely, there’s a lot of general talk about crypto, Bitcoin, etc. on there, but there isn’t much information about the “trading bot” itself. This is supposed to fool the newbies, who aren’t sure what to expect of such a website and product anyway.
2) Ridiculous Promises
Providing little information about your product on multiple websites, though suspicious, could be an honest mistake. However, saying that your bot will make users a minimum daily profit amounting to $800 can’t be anything other than a shameless lie.
Unfortunately for automated trading robot users, no such software can work that well. Sure, crypto experts who know exactly what they’re doing can sometimes make that kind of profit. However, there’s just no way that a trading bot could singlehandedly make those earnings, and every day at that. The technology simply isn’t there yet.
Think about it – the entire crypto trading industry would collapse if this was true, as we’d all be winners most of the time. You’d be hearing about Bitcoin Champion on all news outlets; it would be considered a revolutionary product.
As it is, we’re left with legitimate trading bots, such as Trailty and Cryptohopper, that can assist users with crypto trading, but whose developers haven’t made such false promises about their product – because there’s no way at all to support such claims.
3) Dishonest Reviews
The scammers have tried to make us believe their lies by orchestrating a number of fake positive reviews.
We already discussed how the content of Bitcoin Champion’s websites is suspicious at best, so we won’t dwell too much on fake user testimonials on there – a simple Google Lens service search leads to images of the same people, only with different names this time.
But let’s take a look at Trustpilot reviews in more detail. There’s a mixture of positive and negative reviews on there.
Both we and Scammer Watch’s Bitcoin Champion review have arrived at the same, negative conclusion concerning the lack of legitimacy of the Trustpilot positive reviews. Namely, most of them were written by users with only one review to their name. In addition, they consistently lack detail; they’re comprised exclusively of generalized, over-the-top praise.
The negative reviews, on the other hand, reveal the truth about Bitcoin Champion. After registering an account, these people were bothered by the scammers’ incessant calls, urging them to start trading as soon as possible. When they didn’t do that, the callers became rude and aggressive. With so many red flags, there’s only one logical conclusion – there’s no doubt that Bitcoin Champion is a scam.
Blockchain and smart contract expert with over 7 years of experience managing cryptocurrency funds. I provide lectures and workshops on blockchain and smart contract programming to the crypto community.
