Bitcoin Loophole is a crypto trading platform that promises high accuracy and fast execution. As per vendor claims, it has received several awards from major institutions, but we cannot find any verified sources to back up this claim. In this Bitcoin Loophole review, we shall analyze the various aspects of the system to find out whether it is reliable or not.
We have little or no information about the parent company on the official website, so we don’t know when it was founded or where it is located. The vendor has not shared any contact information on the official website, and the only way we can get in touch with the service team is by using the contact form.
Bitcoin Loophole overview
On the official website, the vendor has highlighted the main features of the platform and explained each of them in brief. We have a detailed explanation of how the software functions, along with the benefits offered by it. Finally, there is an FAQ section where you can find the answer to some common questions. The vendor seems hell-bent on convincing the traders that this is an efficient piece of software and a large part of the presentation looks like a sales pitch.
Bitcoin Loophole uses fundamental and technical analysis, as well as AI to analyze the crypto market. Although this is an automated trading system, you can activate the manual mode to intervene in the trading process. There is a strategy tester built into the platform that lets you test your strategies using historical and current market data.
Prior to using the platform for real-time trading, you can use the demo version to test your strategies and make adjustments as required. You have the option of customizing trading parameters like assets, time, lot size, and take profit.
According to the vendor, you need to spend a maximum of 20 minutes every day adjusting the parameters. The minimum balance for trading with this platform is $250. Since it is a web platform, you can simply access it from your smartphone or desktop without performing a download.
To get started, you need to register on the website by providing details like name, contact details, and address. Next, you need to deposit the minimum amount and activate the software.
The idea behind Bitcoin Loophole
Since most people are not familiar with the crypto industry yet, it is difficult for investors to build efficient strategies. The idea behind Bitcoin Loophole is to apply different crypto strategies in an attempt to generate large profits for the crypto trading community. Now, it is very common for vendors to make these kinds of promises, and we can see that the company has no long-term goals as such.
The Bitcoin Loophole team consists of developers, mathematicians, and economists with several years of experience, according to the vendor. However, we have no way to verify this, since the vendor has not revealed the identities of the team members. This is a major red flag that would deter many traders from investing.
Safety of Bitcoin Loophole and the network
There is a lack of information when it comes to the security features of this trading platform. The vendor states that the system has advanced security features, but does not elaborate on them. This comes as a disappointment since security is of paramount importance for crypto traders.
For signing up with Bitcoin Loophole, you don’t need to pay a fee. While many novice traders might like the idea of free software, our experience tells us that they are generally unreliable. Before you get started with the software, the support team will coach you for an hour, explaining how the system works.
We came across several user reviews for this platform on Trustpilot. One user has complained about being spammed with phone calls about signing up for the service. They have also claimed that the account manager pressurizes traders to deposit more money.
Is Bitcoin Loophole a legit investment service?
Our verdictOur verdict
- No registration cost
- Identities of team members no revealed
- Lack of security features
- Zero vendor transparency