November 6, 2020 Bitcoin Champion Review: A Non-Biased Review For Intending Investors
There are several online Bitcoin Champion reviews as many crypto investors are busy researching Bitcoin Champion before they invest.
Despite the many sources that claim to provide honest Bitcoin Champion reviews , it’s quite difficult to identify an unbiased, unpaid article on Google.
After painstaking research, we have come up with an objective evaluation of the features and activities of the Bitcoin Champion.So before you part with your hard-earned money, we advise that you read our unbiased review about the trading platform.Bitcoin Champion Review
Bitcoin Champion describes itself as an award-winning trading bot that uses artificial intelligence algorithmic protocols to seamlessly execute cryptocurrency contracts with a near 100% accuracy.
Specifically, it claims to have a 99.4% accuracy, which implies that almost every trade it executes comes out successful.
The platform also claims to have an advantage of 0.01 seconds over other crypto trading platforms while offering maximum leverage of 5000:1.This means the app is not only fast but also lets you borrow a maximum of $5,000 for every $1 in your account.
It further claims that you can make thousands of dollars per day with just an initial deposit of $250.
That pattern of $250 initial deposit and thousands of dollars in profits per day resonates with the strategies used by other proven crypto trading scams such as Immediate Bitcoin and Bitcoin Revolution .
Further investigation on Bitcoin Champion’s website reveals somewhat a contradiction with the earlier claim of near 100% trading accuracy.
“ Important Risk Note : Trading can generate significant benefits but also involves a risk of partial or full funds loss and should be considered by initial investors.
we strongly advise that you read our terms & conditions and disclaimer page before making any investment.customers must be aware of their individual capital gain tax liability in their country of residence.”
We also deduced from its website that the fake brokers behind the Bitcoin Champion are unregulated and unregistered.As a result, they target desperate and novice crypto investors who live outside of the US to leave no traces in the event of loss of money.
“It is against the law to solicit U.S.
persons to buy and sell commodity options, even if they are called prediction’ contracts unless they are listed for trading and traded on a CFTC-registered exchange or unless legally exempt.”
The information under Vendor Services , General , and Disclaimer , which are under the terms of use , reveals that Bitcoin Champion is put up ostensibly as a data collection outfit, which shares investors’ data to third party brokers.
“ The products and/or services featured on the Website may contain descriptions that are provided directly by the Third Party Provider manufacturers or distributors of such items… “
“ The information that you must supply in connection with registering for the Services may include, without limitation, some or all of the following: (a) your full name; (b) company name; (c) e-mail address; (d) mailing address (and billing address if different); (e) home telephone number…”
“THE WEBSITE, SERVICES, CONTESTS, CONTENT, ANY THIRD PARTY PRODUCTS THAT YOU MAY RECEIVE FROM ONE OF OUR THIRD PARTY PROVIDERS…” Is Bitcoin Champion a Scam or Legit? Fake Online Reviews
There are lots of fakes and compromised Bitcoin Champion review websites that manipulate readers’ perceptions toward the investment opportunities Bitcoin Champion claims to offer.
As a rule of thumb, a Bitcoin Champion review that tries to persuade you to register with Bitcoin Champion or that tends to focus more on praising-singing or description of the efficacy of Bitcoin Champion should be read with caution.Over-Promise but Under-Deliver
Bitcoin Champion claims to scan the crypto market and consummate a transaction with an accuracy rate of about 99.4%.It also claims to generate thousands of dollars in a day’s transaction with a minimum deposit of $250.
Any trading platform that promises a near 100% transaction success with a zero or minimal risk has red flags.The zero trading risk is used as bait to lure novice investors into losing their money.
Fake Brokers
At the point of registration, a pop-up message on the Bitcoin Champion website tells you that you are being connected to the best broker in your region.
The so-called process of connection matches investors’ data with the most appropriate fake brokers whose identity cannot be easily traced when you lose your money.
The investment brokers are usually unregistered and unlicensed, and trading with an unregulated broker is 100% risky because the probability of losing your money is very high.Anonymous Founders
The inability of the founders of Bitcoin Champion to adequately identify themselves and their track records sends a wrong message that they are not to be trusted with public funds.
Bitcoin Champion lacks an official business address.The only means of contact is the online contact form .
Final Words
Having read our unbiased Bitcoin Champion review , we advise investors interested in bitcoin trading to always research around regulated brokers that provide value for investors’ money.
Be careful with crypto trading platforms or brokers who do not have verifiable official contact addresses and those not domiciled in the country where you live.
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