BTC Prestige is one of the newest trading systems that has been designed for Bitcoin investors. The developer of this investment solution is unknown and since its launch, the software has been causing a myriad of problems for its users.
Many traders are not liking it after their first experience with it. The complaints pouring in from real traders were enough for me to undertake an independent investigation. The aim of this review is to provide traders with facts about BTC Prestige scam and warn them about the dangers of using it as an investment tool.
If you are thinking about becoming a part of BTC Prestige, then you need to think again. This trading software is simply a trick in disguise and there is nothing good it can offer. Continue reading to learn the honest truth behind its creation. In the meantime, you can also consider a better crypto system for online trading. I would recommend the Crypto CFD Trader investment platform.
What Is BTC Prestige?
I’ll be extremely honest with you. When I glanced through their website, I immediately found a number of scam elements that made me suspicious of the system. The website is well-designed, yes, and it looks appealing on the surface as well. You will also see it clearly mentioned that you have to invest the industry required standard of $250 to get started. But giving out some details and a little bit of transparency doesn’t mean that they are honest people. The software is quite harmful because traders who have actually used it haven’t attained positive results.
BTC Prestige has been described as an algorithmic trading tool. They claim that it is an advanced platform and it makes use of cutting-edge technology to produce excellent results. They are also trying to tell that traders will not lose anything after signing up with them because their software is highly accurate and risk-free.
Review Verdict: BTC Prestige Is Scam
It is quite unfortunate that their claims and promises don’t add up. The actual statistics prove that their claims are impossible and unrealistic. I want you to ask yourself this question, “If BTC Prestige was truly capable of generating high-quality signals and executing trades with precision, then why would the creators hide who they are?” This is ridiculous because reliable and trustworthy systems usually come clear with their background for the purpose of transparency.
So what I can say about BTC Prestige is that it has been created by a group of desperate fraudsters who are looking for easy ways to steal from innocent traders. There is nothing genuine this app has to offer and its origins cannot be confirmed.
How Does BTC Prestige Operate?
Their operational process is very much similar to most other fraudulent trading systems. The people who work behind the scenes trick traders by making false claims and promises. When traders fall into their traps, they ask for a deposit of $250.
Traders will not be allowed to deal with a broker of their choice if they sign up with this system. Traders will be forced to deposit funds with a broker they will assign which is a clear sign of the funds getting into the wrong hands.
In my experience, such systems deplete the investment accounts by providing unreliable assistance which results in losses for the traders. Sometimes, traders don’t even realize that the whole thing was a set up designed to take away their investment capital.
BTC Prestige: Scam Or Legitimate Option?
First of all, there is a lack of transparency which indicates that it is not a legit solution. The developer is unknown and there is no mention of how the software works to produce the results.
However, there is mention of big names like Bill Gates and Roger Ver. Do these famous personalities have anything to do with BTC Prestige scam? No, they don’t. Only their quotes have been used on the website to trick traders. If you look carefully, their comments are related to Bitcoin in general and not this trading tool.
Even after looking thoroughly through their website, I could not find information about the parameters, indicators, and technology used by the system to execute trades. There is no explanation on risk management procedures and techniques employed. It is not possible for an experienced investor to trust a system that doesn’t provide such crucial information. Yes, novice traders and unsuspecting investors will most likely fall victim to such scams and this is what the scammers aim to achieve.
While reviewing the software, I found out that access was supposed to be limited to 100 people only. But no matter how many sign-ups they receive, there will always be spots available. Basically, this is an old trick they use to pressure traders into registering with them. They create a sense of urgency so traders don’t get the time to think clearly and sign up in a haste.
The Bottom Line
In my opinion, BTC Prestige is a scam that will push you into losing your investment capital. They will connect you with unregulated brokers and execute bad trades from your account to deplete your funds.
It is advisable to stay away from these kinds of systems that only make bold claims, but deliver nothing. As a trader, you should learn and understand what trading is all about before risking your funds. Choosing a reliable option for online trading can save you a lot of time and hassle and will help you become successful in this industry.
Review Verdict: BTC Prestige 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.