Cryptocurrency And Forex Brokers Are Using Cryptocurrency Robots As Bait To Lure Investors

As cryptocurrencies get more and more media exposure, the number of new investors who want to make money from them increases rapidly. Unfortunately, most of these rookie investors don’t know about the many scams that are lurking just around every corner. From ICO scams to fake airdrops, many investors have lost money. As if that wasn’t enough, a new type of scam has emerged that is expanding very aggressively – the fake cryptocurrency robots.

These robots often use highly valued keywords such as Bitcoin Trader, Bitcoin Code or Crypto Robot and promise the investor easy money. All without the need of any knowledge or trading skills. They claim to have discovered a system that can generate loads of cash within hours. Hence leading the investor in to believing that he or she will be wealthy within a short period of time.

Inexperienced Investors Are Victims

For the inexperienced investor who has a hard time understanding cryptocurrencies and researching ICOs and exchanges, these robots may seem to be “just what they need”. In reality, the make-easy-money cryptocurrency robots are nothing but fabricated stories backed by fake testimonials and fake review websites.

Once the investor actually goes through and signs up with such a robot scheme, they are redirected to a CFD, Binary Options or Forex broker and not an exchange. Here is when the nightmare starts. The client is pestered into depositing more and more money and the soon as a withdrawal request has been made, the broker makes sure to put all the funds on bad trades to deplete the client’s account.

White Label Robots

What about the cryptocurrency robot itself? Well, the robots or sometimes called autotraders are often not even custom-made, neither do they have any unique coding or features that can actually predict the market. In fact, they are almost always just a white label robot that can be purchased and rebranded by anyone who wishes to run a robot scam scheme.

For example, once the Ethereum-Code robot has been exposed and is not converting any more traders, the scammers simply change the name of the robot and use a new domain with a new catchy name. Most of these crooks even run multiple robot scams simultaneously.

While you are busy exposing one of them, another ten have been created and they spread fast thanks to social media and paid advertisements. Therefore, it’s really hard to catch up and to expose all of these fake cryptocurrency robots.

Related to Binary Options

This may come as news to people who are not familiar with trading Forex and Binary Options but the truth is that these Cryptocurrency scammers are the same people who used to, or still do, run similar robot schemes in the Forex and Binary Options industry.

What really boosted the Cryptocurrency robot scams during 2018 was the tough regulations on Binary Options trading. It all started with the strict regulations and even ban on Binary Options in a number of countries. As a result, the scammers sought a new market for their operations. Interestingly, Cryptocurrencies were just exploding and trending heavily on Google and… well, pretty much everywhere and billions of dollars was being invested in Cryptocurrencies from all over the globe. What happened next was pretty much predictable: since the investors were changing focus towards cryptocurrency trading, the Binary Options scammers subsequently switched focus to the Crypto market. For these crooks, it was an easy transition. All they had to do was to replace “Binary Options” with Cryptocurrencies. The robots, the fake testimonials and the fabricated lies are no different than before.

Are There Any Real Cryptocurrency Robots?

But are there any legit robots? The Answer is YES.

We really cannot stress enough just how excited we are to finally get to use this brand new Maximus Crypto Bot software. We have heard a lot of good things about it, we got a sneak peak at it a few days ago, and we finally got to put it into action. If you think that this is just another automated cryptocurrency program, just like all of the others, you are sorely mistaken. The Maximus Crypto Bot system might not look like anything special at first, but that is just not so. There is a whole lot going on with this awesome new trading platform and you definitely need to know all about it.

At its core, the Maximus Crypto Bot system is an automated cryptocurrency trading program. It will allow you to trade all kinds of cryptocurrencies. You might think that it will only include the most popular crypto-coins, but that is also not so. The Maximus Crypto Bot app will allow you to trade hundreds of different cryptocurrencies for your benefit and profit. In fact, this particular system has a larger selection of cryptocurrencies to trade with than any other system that has come before it. Now that is really cool as far as we are concerned.

Moreover, the Maximus Crypto Bot system allows you to trade more than just cryptocurrencies. It has been specially designed to be the number one most comprehensive signals service and trading platform in existence. If there is a coin on the market, you will definitely be able to trade it using this service. Furthermore, this software also allows you to trade binary options, Forex, stocks, and other things too.

Watch this detailed members area video about how Maximus Cryptobot works, signup and initial setup, account verification process, avoiding account managers, avoiding bonuses and the successful $16,500.00 in withdrawals:

Click Here: Download Maximus Cryptobot

NOTE: YOU MUST DEPOSIT WITH YOUR ASSIGNED BROKER BEFORE YOU CAN GAIN ACCESS TO MAXIMUS CRYPTOBOT SOFTWARE. ONCE A DEPOSIT IS MADE YOU WILL BE SENT A LINK TO MAXIMUS CRYPTOBOT BACK OFFICE.

This is extremely impressive to say the least. Never before have we come across an awesome one stop shop for all of your trading needs like this Maximus Crypto Bot software. Seriously, there has never been an application that can trade all of those things. There is also the fact that this new program is semi-automated, which definitely helps make life easier. We can literally turn this program on and it does most of the trading work for us. We do like this because it means that we don’t have to do very much work. There is a lot of programming that has gone into this Maximus Crypto Bot system, with tons of awesome trading strategies and market indicator tools. You can expect the Maximus Crypto Bot app to achieve winning trade rates of at least 85%. We think that it will end up providing even better ITM rates than that, but only time will tell. These guys realized that people want to trade cryptocurrencies, so they decided to come out with their own cryptocurrency trading system that also includes all of the old aspects like the BO and FX trading capabilities. If you were happy with the results provided by Maximus Edge EA, which we certainly have been, you will be absolutely blown away by this new Maximus Crypto Bot system. We have to say that we think that the Maximus Crypto Bot application is going to be the number one cryptocurrency, BO, and FX trading system in the world within a very short amount of time.