These days, it is quite difficult to trust online trading systems like the new Bitcoin Malay System. This is because most of them are developed to dupe innocent traders and steal from them.
This new investment software focuses on users from Malaysia and it claims to be the ideal tool that residents of this country can use to generate substantial wealth from the digital currency space.
So are their claims really true? Is Bitcoin Malay System a scam or the perfect solution for trading Bitcoin and various Altcoins online?
In this review, I have shared my insights into this brand new investment tool. Read on to learn what I have found during my independent investigation of the Bitcoin Malay System scam and why I do not recommend it.
An Overview of Bitcoin Malay System
The Bitcoin Malay System has an anonymous developer. There is a promo video on their website which has been narrated by an unknown guy. So basically, I have no idea about who created this software and who it belongs to, other than the fact that it claims to help traders attain financial freedom and success.
But my question is, how can this software help you trade in such a risky environment and at that – completely risk-free? This is not at all possible, given the nature and specifications of this trading field, which means that the claims these people have been making are false.
Review Verdict: Bitcoin Malay System Is Scam
There is no secret to attaining financial independence in this industry and I don’t see any reason why we should trust someone who is good at making big claims but is scared of revealing his true identity.
The Bitcoin Malay System isn’t capable of analyzing the markets. It is definitely of no use to the people of Malaysia or any other country for that matter because it is a scam system that offers nothing good or genuine.
How They Operate To Fool Others
These fraud trading systems are being promoted on social media sites and also via mass email marketing campaigns. They will keep filling your inbox until you decide to give them a try, assuming that the offer is free.
But once you sign up, they will ask for a deposit of at least $250. They will tell you fake stories and show you fabricated screenshots of inflated bank accounts, claiming how you can be the next one to achieve massive success in financial trading.
Choose a Better Alternative
You can expect good results only with genuine systems. That is why I recommend you to consider the Crypto CFD Trader instead of this platform if you wish to join the cryptocurrency trading industry.
Downloading their software can come with risks of getting your system infected with malware, spyware or even you becoming a victim of identity theft. Aside from these risks, the broker you connect with will never allow you to withdraw the funds you deposit or earn through their platform. They will take a deposit, let the trading software execute losing trades and make you lose your investment capital.
Bitcoin Malay System Is Malicious
One thing that I noticed when watching the introductory video is that the narrator has created quite a lot of unnecessary hype. Bitcoin can be used universally as a medium for payment or for investment purposes, and I don’t see any reason why the focus is solely on Malaysia.
Should Malaysians feel lucky after watching this video, assuming that it is an offer exclusively for them? There is no reason for any excitement because the thieves operating this scam have done the same in the past and they are doing it again. In fact, they have done it many times before. They created the Bitcoin Aussie System scam I recently reviewed, and many more fraudulent platforms.
Targeting specific countries is just a clever tactic they are using to market their fake product. Since they have experience in doing this, they know that this tactic can help them attract attention and receive sign-ups. But they have missed one thing again. They have used fake testimonials with stock photos to claim credibility. Thus harming it completely.
Another disturbing fact is that when you sign up, you are pushed to register with an offshore broker. They recommend illegitimate brokers who are not regulated. These brokers are famous for making withdrawals complicated. They refuse withdrawals and block users so they can steal the funds. I have seen many complaints with withdrawals being the main issue. I think that partnering with the Bitcoin Malay System scam is not only risky but pretty dangerous as well because aside from stealing your investment capital, these thieves can steal your credit card details as well.
This scam network has been going around for quite some time now. When one system gets exposed, it shuts down and a new one with a new name is released. Just like their claims, the testimonials they display on their website are also fake.
No matter how desperate you are about earning income online, don’t even think about going anywhere near this software.
In this review, I think I have provided substantial evidence to prove that the Bitcoin Malay System is entirely bogus. You will not find anything good in this trading software. If you opt for it, you will be dealing with fraudsters who have fooled many innocent traders in the past and are not planning to stop anytime soon.
You should make it your goal to stay away from these thieves at all costs. Always research trading systems before you sign up for them. You will be safe if you keep your distance away from offers that claim to make you millionaires.
Review Verdict: Bitcoin Malay System Is Scam
Hello, I am Collin Tyusm. I am a Forex blogger. I have created my blog, because I want to help people learn more about Forex & CFD Trading Software and Bots.