Welcome to our Bitcoin Compass Review. Today we’re delving into this popular bitcoin trading platform because there has been a lot of talk about the legitimacy of Bitcoin Compass. So, is Bitcoin Compass scam or not? After carefully researching this automated trading software (AKA Bitcoin robot), our team of experts have concluded that Bitcoin Compass is nothing more than an over-glamorized piece of trash technology designed to rip you off and steal your hard-earned money. We reached this conclusion after receiving a few complaints in regards to the Bitcoin Compass scam, but that’s not the worst part. It has recently come to our attention that a fraud affiliate network specializing in crypto get-rich-quick schemes has decided to promote the Bitcoin Compass scam app. This makes perfect sense if you consider that fact that when we conducted our €250 deposit test the broker which was assigned to us was “Brokerz”, which is one of the dirtiest offshore brokers in the crypto trading niche and has a registered business address in Moscow and owned by All Media EOOD and Onero LLC. So just blacklisting this bogus app and saying its not to be trusted with your hard-earned money is not enough. We dug in deep to get real insights and understand just how deep these shady practices run. The information we were able to retrieve is nothing less than sensational and proves without a shadow of a doubt that the Bitcoin Compass scam was designed with the most malicious intent in mind and in a very deceptive manner. Don’t believe us? Well, in that case we strongly suggest you keep reading our detailed Bitcoin Compass and scam investigation because we exposed the crooks behind it and explain exactly how they operate.
Official Website, Login Page, and Members Area: en.thebitcoincompass(dot)live, the-bitcoincompass(dot)com
Below is the Bitcoin Compass main registration area. Bitcoin Compass makes grand claims of turning you into the next millionaire from bitcoin trading.
Bitcoin Compass By Any Other Name…Still Stinks
One way fake cryptocurrency trading platforms really trip up people is by changing their name to confuse the consumers. What these crooks have done is simply duplicate the content, algorithms, and information from the original website and transferred it to another site with a different name (Bitcoin Victory). This is why investors have to be extremely careful when investing in a new platform and check that the software has legitimate endorsements before investing.
We also found 2 versions of the same scam with the same name. The content is the same but the layout is different. You can see for yourself as we have added both sites for you for comparative analysis in the image below.
What About All Those Testimonials?
If you visit the Bitcoin Compass website, you’ll see several quotes from huge names like Warren Buffet, William O’Neil, Alexander Elder, and Ed Seykota. These are big people in finance and investing, so if you see their names on a trading platform website, you are pretty much sold on the software. That’s generally the case, but we took a closer look. There are also tons of fake testimonials as you can see below.
Bitcoin Compass Post Registration Screen
Here is what you see after you register. When we signed up the broker we got was “brokerz” and when we signed up for Bitcoin Victory it was Royal CFDs (another fake broker). So in essence this is a kind of scam production line where people signing up are funneled to offshore brokers and get scammed. The money is then split between the brokers and the affiliate marketers in what is commonly known as a revenue or profit share scheme.
Fake Bitcoin Compass Reviews
Here is a collection of fake reviews we were able to find online. If you notice they all provide the Bitcoin Compass scam with a very high trust score, even when the actual website itself has the word “advertorial” right at the top for everyone to see. So what does that mean? In essence these websites are promoting scams for monetary compensation in the form of affiliate commissions.
What is Bitcoin Compass?
Bitcoin Compass is advertised as a cryptocurrency trading platform which “capitalizes” on an intelligent algo-trading software that can “predict” trends and trade at optimal levels. Bitcoin is a popular cryptocurrency that has shown incredible promise in the trading environments over the last few years. Some people have made millions trading in this currency. And it’s this huge hype that Bitcoin Compass is basing its claims off of. Before you get excited though, realize that Bitcoin Compass won’t actually make you money at all. It’ll take you for whatever you’re willing to give, and leave your bank account empty.
How Does Bitcoin Compass Work (Supposedly)?
The Bitcoin Compass scam software uses “cutting-edge” technology which is designed to deliver “seriously high-performance that is unbelievably easy to use”. That’s basically it. There is no mention of back testing, QA, or validation protocols.
Bitcoin Compass Review: Be the Next Millionaire or Lose All Your Money?
So Bitcoin Compass seems like a pretty sweet deal, if only it were real. Unfortunately, this phony system is totally a shakedown. If you invest even a single dime in this trading platform, you’ve already lost. In the sales presentation we see a bunch of wealth gurus and celebrities like John McAfee, Bill Gates, and Mike Novogratz who keep speaking praise about how wonderful Bitcoin is. Needless to say this collection of news snippets is taken completely out of context and used in such a way as to create an illusion that you can be wealthy like these people are. But the bottom line is all too well-know. Whatever money you put in will be stolen from you, never to be seen again, so avoid the Bitcoin Compass scam at all costs. You can thank us later.
How Bitcoin Compass Lures You In
Bitcoin Compass is incredibly convincing; it appeals to people with its videos, celebrity endorsements, and grand promises. Most people assume what they read online is true, and don’t stop to question any of it. We are not impressed by all of these hyped up claims which try to trick you into believing you can generate profits. In reality the lies the crooks are feeding you are designed to line their pockets with your investment. In other words, Bitcoin Compass is a carefully crafted con game, and far too many people have fallen for this ruse.
How Much Does Bitcoin Compass Cost?
What a good question. How much does Bitcoin Compass cost? Well, if you’re talking about registration fees it’s going to cost you at least €250 and sometimes twice as much. The Bitcoin Compass trading platform is supposed to be completely free to sign up and use, but that’s just another lie.
Bots, Signals, and Social Trading
There are tens of systems rotating in the market and they are all offering a fantastic return on investment. But the fact remains, cryptocurrencies attract a lot of scammers and most systems turn out to be worthless flops designed to generate money for promoters. Still, if you are a new trader just starting out you must have access to a profitable trading app which actually helps you make money.
Worthy And Tested Alternatives
We test each system we recommend and make sure it generates consistent profits on a daily basis. If you are searching for a reputable and genuine trading software, we advise you to check out our recommended systems section as we monitor results on an hourly basis and cash out periodically. Go ahead, check it out!
Bitcoin Compass Review, Summary, and Conclusions
To wrap up our Bitcoin Compass scam review in a few words, it’s a ruse and obviously blacklisted. Our expert researchers have conducted an extensive investigation into this fraudulent software and have concluded that you should stay far away from the Bitcoin Compass app.We hope this Bitcoin Compass review has enlightened you and saved you from making a huge mistake. Should you need additional information please message us through our contact page or social media.