Bitcoin News Trader is supposed to be a trading solution for cryptocurrencies. It allegedly analyses hundreds of news sources and a team of analysts then makes recommendations about which cryptocurrencies to buy or sell.
This is how Bitcoin News Trader is supposed to make you rich for free, because access to this system is free. Really?
Bitcoin News Trader scam
The truth is that Bitcoin News trader is just another scam made to take your own money and lose it with a scam broker.
Scammers used a stock video and edited it. As you can see on our picture, the same video is widely use by other projects.
The real owners of Bitcoin News Trader remain anonymous, they don’t provide any contact information. And this is a real problem, because this program is about investment advice, which is a regulated activity.
Bitcoin News Trader therefor needs a licence, but it is not regulated, which means that it is an illegal service in most countries.
How it really works
People who run Bitcoin News Trader are getting paid by this broker for each new depositor they refer. This is how it works and how they make money.
You can be sure that if you deposit your money and trade with Bitcoin News Trader, you will lose everything.
Bitcoin News Trader is a scam that will push you to lose money with an unregulated broker, stay away from it!
If you want to trade cryptocurrencies for money, try it first on a free demo account with a regulated broker.
Then you will see how it works and what you need to understand and learn in order to be able to trade with real money.