This guide seeks to answer the question, ‘Is Bitcoin Era a scam?’ learn whether or not it’s legit, its top features, and how to use it to make money. Also, learn its possible margins and online reviews from other traders.
Bitcoin Era is a trading bot to trade cryptos automatically using AI technology. The robot uses artificial intelligence and machine learning to stay ahead of the financial markets helping traders to generate quick profits. Traders only need to configure the robot, set up their desired trading strategies, and let the robot do the rest.
Bitcoin Era Main Features | |
|---|---|
| Minimum Deposit | $250 |
| Offers Leverage | Yes |
| Withdrawal Period | 24 Hours |
| Customer Service | Email / phone / chat |
| Supported Coins | BTC, ETH, XRP & more |
| Hidden Charges | Commission fees |
The official website of the trading robot claims that the robot is fine-tuned and programmed in such a way that it leaves no stone unturned to generate a return of more than fourfolds of your initial investment. The website also claims that the Bitcoin Era implements a scalping technique to ensure that even an opportunity to earn a small profit is availed.
The robot claims to offer the facility of online trading. Traders do not have to install the software on their machines. Being based on the web, It doesn’t need to check for upgrades as well. The software remains readily available to access anytime from anywhere. You only need a Windows or Mac PC, connected to the internet to start trading. Almost all of the scam robots are web-based. Therefore it doesn’t make any difference.
The website claims to offer a stream of passive income continuously. It advertises that traders can make up to $2000 in a day using the Bitcoin Era. At the same time, they very cleverly try to drive the attention of traders towards the riskier crypto market cautioning them to stay prepared for the losses as well. Frankly speaking, they play smart, making up your mind that even if you lose, you don’t blame them.
The company offering the Bitcoin Era trading robot also claims that the robot identifies accurate trading opportunities using the built-in artificial intelligence feature and makes no mistake. They claim that the capital will maximize by 400% at the end of the day. Making such claims sounds illogical. The user can’t be sure about the trading outcome, especially when dealing in the crypto market – a very volatile market. Cryptocurrencies have the most liquid markets and are risky volatile. Expecting a robot to do wonders when everything else has failed is nothing but a prejudicial approach.
It sometimes happens that many novice traders can’t take hold of their emotions and start placing trades in times when they shouldn’t. It means that although sometimes the price of a particular asset rises implicating that it will continue to grow, beginners often misunderstand this illusion and throw away their money after a sudden market move takes place.
The trading bot tries to exploit this stance and argues that the robot doesn’t go after emotions and place trades only after determining the suitable trading opportunity. It sounds too good to be correct but is not. The robot doesn’t care whether the market is in favorable condition or not; it barely sustains your balance for a day or two. Usually, it wipes off your account the moment you set it for trading.
Bitcoin Era also offers a demo account so traders may try their trading skills and practice different trading and money management strategies using the virtual funds available in their demo accounts before risking their capital. However, the conditions in a demo account are not usually the same as that of a real account. The slippage rate, price volatility, and market imperfections are different when it comes to trading live.
The website also claims that the Bitcoin Era is one of the most legitimate trading software available around. However, many other crypto trading software also claims to be the same. Secondly, since the Bitcoin Era is available at multiple domains, it makes it difficult to know which one of them is for real.
Users may also notice that trading bots like the Bitcoin Era always seem to be persuading customers to start at once. The website claims that the offer is just valid for today. They do it on purpose. But if you revisit the website the next day, you will find that the same statement is still there with the only difference being that now the limited-time offer is available for one more day.
The Bitcoin Era is a customizable trading robot that allows users to set up their preferred trading parameters. Once you have configured the robot, you can switch it on so it may start placing trades automatically. The Bitcoin Era uses advanced algorithms to detect the best trading opportunities with the help of past and present information followed by in-depth technical as well as fundamental analysis.
The Bitcoin Era supports both manual and auto trading modes. For automated trading, you can set a minimum of four trading preferences, including the asset selection, the amount to stake on each trade, the money management strategy, and the risk levels. On the other hand, manual trading allows you to take full control of the trading interface and employ your trading methodology.
The trading bot works in collaboration with different brokers and claims to generate you $1500 within 24 hours of trading. You need to create an account with one of the robot’s brokers and deposit the minimum specified amount to start trading.
Not surprisingly, the minimum amount is just the same as that of many other scam robots asking for i-e $250. You may also notice that more or less all of those claims that the Bitcoin Era makes are not different than those of scam robots.
Signing up with the Bitcoin Era is simple, and doesn’t take more than a minute. You need to follow a few steps listed below. Since the robot is being offered under multiple domains, therefore, you need to decide which one you’d like to choose.
Bitcoin Era makes false claims such as generating $1500 to $2000 in 24 hours and making you a millionaire over a few weeks of trading leaving no reason to consider it as a scam. In the past, several other trading robots, including the Bitcoin Trader app, Bitcoin Superstar, Bitcoin Code robot, Bitcoin Loophole, etc. have also made such claims. All of them were proven fake. Therefore, without wasting any time, you must move forward and invest your hard earned money somewhere else, preferably with some legit trading platform such as Etoro, Plus500, Capital.com, etc.
Because many traders would come across various resources that talk about Bitcoin Era scams, the company has placed a dedicated section on their website which justifies all such accusations and seems to be convincing people that they are not scamming. Even they have denied the claim that their bot has ever been broadcasted on air.
Yes, there are a few more cryptocurrencies that the Bitcoin Era is compatible with including Bitcoin, Ethereum, Ripple, Litecoin, Dash, EOS, and IOTA. You can also trade bitcoin by pairing it up with different fiat currencies such as BTC/USD, BTC GBP, BTC/AUD, etc.
Well, the website claims so but doesn’t provide enough evidence to believe it to be true. Secondly, you can’t be sure about the amount you would make in a single day, especially when the market has such high volatility levels. Just think for a while, why a website would want you to become rich by investing only $250 when they do not present themselves as not for a profit-making entity. Also why they don’t allow you to choose the broker of your choice? The reasons are apparent, they just earn a commission from the broker you choose for trading.
No, they are not. You should notice that the testimonials appearing on the Bitcoin Era website are written by the same people with different names on several other sites. As proof, let us share with you screenshots taken from different websites i-e www.bitcoinera.app, www.bitcoinlifestyle.io, and www. bitcoin future.app.
Bitcoin era and all other fake crypto trading robots hire these paid actors for promoting their products. These paid actors wouldn’t mind selling anything as long as they receive compensation for that. So, you must remain vigilant and shouldn’t listen to these so-called scam trading bots for any reason.
People on one of the leading networking platforms Reddit also showed their concerns on the legitimacy of the crypto trading robot “Bitcoin Era”. One of the users said, “he isn’t sure whether Reddit is the right platform to alarm people about the ongoing scam, but he wanted to spread awareness about this scam trading software so people may not fall victim to it. Another user came up with a comment that he thankfully did not invest in Bitcoin Era, he also stated that he came to know about this scam trading robot well before reading it over here. A few months ago, someone posted it on Facebook as well to warn people not to get involved with Bitcoin Era, he added.
A lot of rumors took place that the Bitcoin Era has been broadcasted on one of the very famous Britain TV shows “This Morning”. The TV show was started in 1988 and had millions of viewers all over the world. The show features segments related to routine life, food, health & wealth, showbiz, and lifestyle. The TV show is hosted by famous media persons including Eamonn Holmes, Phillip Schofield, Langsford, Judy Finnigan.
It was allegedly claimed that the hosts talked about the effectiveness of the Bitcoin Era suggesting people try their fate by investing in it. However, the news turned out to be fake; no other source could confirm if the Bitcoin Era was broadcast on the TV Show for real.
Therefore, it is concluded that the Bitcoin Era has never been on TV. The news about its broadcast on TV is also denied by the official website of the Bitcoin Era i-e www.bitcoinera.app.
As far as Bitcoin Era reviews on Quora are concerned, there isn’t much information available. All we could find were two reviews in which the traders were praising the Bitcoin Era. A trader named “Dhir Sangameswar” claimed that he made a significant amount of money using the bitcoin trading app.
Let’s say if we believe it to be accurate, then what about the other review put up by another user following the same pattern? This time the person named “Drishnu Sankait” seems to be promoting the Bitcoin Era app. However, if you pay a little attention to both of the reviews, you won’t find it difficult to understand that these are paid reviews. The statement used in both reviews is nearly the same with a little change in words. We try not to be judgmental, but we want you to make your decisions rationally. Therefore, we try to reveal the truth as much as we can.
Almost every other trading bot claims that it has been endorsed by various media persons or celebrities and politicians just to grab the attention of people. Bitcoin Era was also rumored to have been supported by many stars including Piers Morgan, Holly Willoughby & Elon Musk. Let’s take a quick look at the facts below.
Piers Morgan: Piers Morgan hosts a famous TV show “Good Morning”. When he was asked about the credibility of the news that he endorsed the Bitcoin Era, the star straight away denied saying that although sometimes talks about bitcoins in general, he neither supported Bitcoin Era nor has ever claimed his affiliation with any of these kinds of trading software.
Holly Willoughby: Holly Willoughby was also named to be promoting Bitcoin Era, the news of Willoughby endorsing the Bitcoin Era spread like wildfire over social media. She was shocked to know that her name was being used in a false promotional campaign of the Bitcoin Era. Not only did she deny the news but also said that she will look into this and will sue those who used her name in an attempt to defame her.
Elon Musk: Elon Musk’s name has been repeatedly used to promote various trading bots without his consent. It may happen due to the reason that he occasionally passes statements reflecting his immense interest in bitcoin, and possibly this becomes the very reason why he gets named after the false promotional campaign of these so-called scammed trading robots. However, he always denies any such endorsement and asks people not to believe in rumors.
After a detailed review of the Bitcoin Era crypto trading robot, it is concluded that the Bitcoin Era is not a legitimate robot. It is just an addition to all those scam software that have already ripped off people badly. There is no information about its origin; it is not regulated and has no definite point of contact for complaints. Therefore, it is better to stay away from such suspicious trading bots and invest your money with legitimate crypto trading platforms such as eToro.
The eToro social trading platform is a multi-asset crypto trading platform as well as an exchange offering trading services to millions of customers all around the globe. The exchange is fully authorized and regulated by multiple regulatory institutions such as ASIC, CySEC, and FCA. It was founded in 2008 and is based in the UK. The exchange offers a wide range of tradeable crypto assets and multiple trading instruments to help traders make sound profits. With its tight spreads and generous leverages of 1:2 traders can open significant crypto positions by investing just a fraction of funds. Etoro also offers a dedicated digital wallet – the eToro digital wallet – where you can not only store your bitcoin and other supported cryptocurrencies but also have them exchanged for other cryptos as well.
Lastly, artificial intelligence can never compete with human rational thinking. No doubt, the trading robot can place trades faster than humans do, but it can only work if all other things go as per the plan. However, the crypto market is not like that. The ever-changing crypto market conditions need you to remain vigilant all the time. Therefore, it is better to go for assisted trading, such as using a social trading platform instead of trusting a robot. Etoro also offers you a social trading platform where you can simply copy the trades of most successful traders and be on the right track towards making profits even if you don’t know much about bitcoin trading.
No, it is not. All trading robots that promise to yield crazy profits overnights are not regulated.
The minimum deposit amount is $250. You can get started by signing up with one of the recommended brokers of the bitcoin era.
Yes, the bitcoin era trading robot allows you to place trades manually. You just have to log in to your trading interface and keep your eye on the financial markets to detect the possible trading opportunity
There are no hidden charges. However, you must fund your account with the minimum deposit amount to start trading.
Yes, the bitcoin era does offer a demo account. You can use it to practice your trading skills before putting your real money on stake.
No, the bitcoin era doesn’t offer any mobile app as yet. However, the company claims that it is under the development phase and will be available soon.
No, you can’t. The broker is automatically detected as per your country of residence as soon as you log in to the bitcoin era trading interface. You are then required to complete the registration process with it.
