Beware of cryptocurrency scams like bitcoin code

There are many people who choose to start investing in cryptocurrencies. Although most brokers and exchanges are safe to use, there are unfortunately some providers that are not. One of these providers is Bitcoin Code.

Many complaints about Bitcoin Code

Bitcoin Code promises that you can make a lot of money with this software. This company does promise golden mountains, but it turns out that there are many people who have a very negative experience with the company. How is this possible? And why are so many people being scammed with Bitcoin Code? To find out, read on, and we will show you. By carefully reading the article below, you will not be so susceptible to scams.

The arrival of the Bitcoin scammers

Many people who are just starting out in crypto investing and who don’t know much about the market,  can easily be lured into a trap by scammers. This is mainly due to the decentralized nature of bitcoin and the lack of knowledge surrounding it for beginners. With bitcoin, if you get scammed, there is no one to turn to.

Bitcoin does not belong to anyone, but to everyone. Therefore, it is not possible to file a complaint or anything like that. Promises of huge returns thanks to the guidance of some shadowy “bitcoin expert” or auto-trading software are unfortunately still common on the internet. The old rule of thumb still applies: if it sounds too good to be true, it probably is.

The Bitcoin Code – a group off scammers

Time to zoom in on the project behind Bitcoin Code. Bitcoin Code is a scam company whose website is constantly changing. Like many scammers, the website offers a service that allegedly predicts market trends and automates trading for users, making ridiculous profits of thousands of pounds in a matter of hours.

Some people wonder how anyone in their right mind can fall for such a scandalous claim. But this is not uncommon. People who know nothing about bitcoin will quickly believe that the internet can generate that much money in a very short time. Many people are afraid of missing out on the action and of not being able to share in the success of the currency.

You only have to do a quick search on the Internet to see that Bitcoin Code is indeed a fake website that tries to scam people. For example, it features a fake photograph of the creator of Bitcoin Code. The creator, “Steve Mckay”, does not exist. The picture is simply copied from the internet and has nothing to do with the Bitcoin Code team. There is also a promotional video for Bitcoin Code in which an actor recites a text. This actor pretends to work for Bitcoin Code, but this is just someone who has nothing to do with cryptocurrency.

Bitcoin code

Tip – don’t trust the reviews on Google

One of the reasons why many people still fall for Bitcoin Code’s tricks is that the company spends a lot of money on having good reviews written. Even the best Google search results still give good reviews of Bitcoin Code and claim that it is a truly reliable software. It is important to remember that a top search result does not mean that a piece of content is reliable. In fact, you can get to the top of the search results effortlessly if you have a large budget.

In fact, Bitcoin Code is not the only company trying to scam people. This software has been used to scam people before. For example, Bitcoin Revolution is a similar kind of software that tries to scam you and steal your money. It is critical to stay away from these nonsense companies and always choose a reliable broker or exchange. We will show you how to do this later on in this article. This will make it possible for beginners to find the right websites in the future.

How do the scammers operate?

First, it is useful to take a brief look at how Bitcoin Code works. The way these scammers go about it is by gaining the target’s trust. After that, the rest is pretty easy, especially if the victim knows little or nothing about the subject in question. Bitcoin Code says that with a few hundred pounds you can become incredibly rich. According to the website, making a small deposit is enough to get started. Once you have deposited money in your account, it is very likely that you will lose everything. Calling Bitcoin Code customer support is useless, as they do not exist or do not answer at all.

Conclusion – stay away from Bitcoin Code

We hope the information in this article has given you a better idea about Bitcoin Code investing and the risks it entails. You really should not choose this provider. If you do, there is a good chance that they will take your money and you will lose everything. That’s why it’s useful to choose a reliable provider like Binance if you want to start trading cryptocurrencies safely. When choosing a good broker, it is therefore useful to pay attention to the following matters:

  • Look for independent reviews
  • Check that there are no major complaints about the company
  • Research the team behind the party
  • Don’t just deposit a certain amount, but check everything carefully
  • Start with a small deposit (a few pounds) to see if the website is genuine

By paying attention to these things, it is not so difficult for anyone to keep scammers at bay and to be able to invest safely. Be sure to visit this site if you want to learn more about investing in cryptocurrencies and how you can do this safely and responsibly!

Author

Alex Mostert Avatar
About

When I was 16, I secretly bought my first stock. Since that ‘proud moment’ I have been managing trading.info for over 10 years. It is my goal to educate people about financial freedom. After my studies business administration and psychology, I decided to put all my time in developing this website. Since I love to travel, I work from all over the world. Click here to read more about trading.info! Don’t hesitate to leave a comment under this article.

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