MASSIVE SCAM: CoinbotLab review

Coinbotlab offical websiteThis review proves that CoinBotLab is an investment scam that you should stay away from.

CoinbotLab is a trading robot that is focused on cryptocurrencies. You are supposed to deposit money and let the robot trade with it. It of course should generate you profits, not only because testimonials on the CoinBotLab website suggest it.

So, is it a genuine opportunity?

CoinbotLab scam

Robots comparisonThe truth is that CoinbotLab is just another crypto scam based on a scam robot that we have seen many times. This robot is not profitable, period.

Sometimes it lets users try it in a demo mode, but that demo mode generates fake profits based on fake prices, so it is very misleading.

How do we know that CoinbotLab is losing money? Because it uses the same app as many scams that we get feedback about from real users.

Look at our picture and you will see some examples, BestCoinBot, CryptoRobot365 and OptionRobot all use the exact same trading software.

This robot basically is worthless, it has no real profitable strategy, it will just generate some random trading signals that lead to losses in the long term.

So, why do scammers bother with a free and losing trading robot?

Fake reviews

Fake reviewsDon’t let them persuade you about Coinbotlab with the testimonials you can see on their website. All these reviews are fake, these people are not real users of the system.

Look at our picture to see a proof, these photos were stolen from people who don’t even know that this program exists.

How it really works

The explanation is very simple. Scammers who run CoinbotLab are associated with some unregulated and shady brokers that pay them for referring new depositing clients. So, they need you to deposit through their software with their broker (Olsson Capital) in order to earn an affiliate commission.

That’s how all these scams work. And if you deposit money and let the robot trade with it, scammers will get their money and their robot will lose your deposit. End of a sad story.

Conclusion

CoinbotLab is a scam robot that can only lose your money, stay away from it!

If you are interested in making money in crypto trading, try it first risk free on a demo account with a regulated broker.

On the demo you will see what the possibilities and risks are, then you can decide whether crypto trading is a route that you want to pursue.

Summary
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CoinBotLab
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