Bitcoin Rush Review 2023: Is it Legit or Scam?
With unlimited profits, bitcoin rush claims to make traders millionaire over just a few days. In this piece, we will review the bitcoin rush in detail.
With unlimited profits, bitcoin rush claims to make traders millionaire over just a few days. In this piece, we will review the bitcoin rush in detail.
The Bitcoin Rush is an auto trading app designed to trade both crypto and forex automatically. According to the official website of the app, Bitcoin Rush comes in dual mode. You can trade manually or set the robot on autopilot to start placing profitable trades on your behalf. With unlimited profits, Bitcoin Rush claims to make traders millionaires over just a few days. In this piece, we will review the Bitcoin Rush in detail.
Bitcoin Rush 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 |
Given below are some self-claimed features of the Bitcoin Rush, let’s have a quick look at each of them.
The robot can operate in both auto and manual mode. The website offering the Bitcoin Rush claims this feature to be the unique one. Whereas, none of the robots we’ve reviewed so far had this feature missing. That means the dual functionality of the robot shouldn’t be the prime reason to invest your hard-earned money with the robot.
The robot allows you to set it as per your desired trading parameters. You can select the amount you wish to place on each trade. The level of risk you think you are comfortable with can also be adjusted while customizing the robot. Before placing the robot on auto trading, you can also define your money management strategy and the number of simultaneous trades. The customization of the robots undoubtedly provides a sense of controllability to a trader. However, the market is full of customizable scam robots. Therefore, you must remain vigilant before investing your money with the Bitcoin Rush trading app.
The Bitcoin Rush claims to offer a source of continuous passive income. According to the website, the robot assimilates the latest trading techniques and uses advanced algorithms to scan the crypto and forex markets. The concerns argue that with the robot’s ultra-fast trade execution feature, even a small trading opportunity doesn’t go unattended, and the robot remains successful in all scenarios. Such claims sound good to hear. However, most of the automated trading apps claim to have the same feature.
Ever since the concept of machine learning and artificial intelligence has introduced, almost every other robot claims its association with it. The Bitcoin Rush also markets its success strategy by claiming to have in-built AI features. Well, claims without proof don’t work. The robot should have advertised its productivity by sharing the trading history of its member’s trading accounts and not by some baseless assertions.
Since successful trading needs a lot of market knowledge and trading experience to cope with the trading odds, you can’t dive into the trading markets straight away. There must be someplace where you can learn and master your trading skills. Demo accounts serve the same purpose. You can use the virtually available funds of the demo account to practice multiple trading strategies and improve your trading confidence before going live. The bitcoin crush marks its uniqueness by provisioning the facility of a demo account. However, we don’t know any trading platform that doesn’t offer a practice account.
The Bitcoin Rush is a web-based trading app that doesn’t need you to install it on your PC. Also, you don’t have to update it manually. Instead, you can access it online whenever you wish to use it. It’s a great feature of the app that helps you remain connected to the platform 24/7 and place trades seamlessly. However, you must know that every auto trading robot available in the market also offers you online access.
Signing up with the platform is relatively simple. You only need to fill up the registration form and deposit the minimum amount to fund your account. The verification process at Bitcoin Rush also doesn’t take much of your time. On the other hand, getting your account verified with legitimate cryptocurrency trading platforms takes between 24 to 48 hours at a minimum. You also need to submit various supporting documents for account verification purposes with a regulated platform. However, the Bitcoin Rush appears quite suspicious as it doesn’t ask you to submit any proof of identification. Also, you can deposit as many funds in your account as you wish.
The Bitcoin Rush offers multiple deposit methods, including credit cards, debit cards, Skrill, Neteller, and PayPal, etc. The website claims to have a wide range of payment options to fulfill the needs of its customers. However, that’s not true. The company doesn’t care about its customers. It’s just that the Bitcoin Rush doesn’t wish to let any opportunity go missed.
The website offering the robot claims to have a process of quick funds withdrawals. According to the website, traders can withdraw their funds as and when required. However, the website doesn’t tell you about the minimum trading volume limitations. You are not allowed to withdraw your funds unless you complete the minimum trading volume requirements.
Should you wish to talk to customer support, the Bitcoin Rush offers no customer support at all. The website does not have any web chat window or a telephone number where you can talk to the representatives of the company. Instead, an online form is available on the company’s website under the contact us tab to use in case you have some queries or concerns.
The Bitcoin Rush has partnered with several forex and Bitcoin and crypto-oriented trading platforms to offer its services. Anyone who wishes to use the trading app needs to sign-up with the recommended brokers of the Bitcoin Rush first. A funded account is yet another requirement to get started with the Bitcoin Rush trading app. The minimum deposit at the Bitcoin Rush begins from $250. After depositing funds in your account, you need to configure the robot as per your trading preferences. The robot is all set to start placing trades automatically once configured.
Signing up with the Bitcoin Rush doesn’t take more than a few minutes. You only need to follow a few steps listed below;
We leave it up to you to decide. All we ask you is to pay a visit to the official web page of the robot. We believe that you can quickly tell that the robot is fake after opening the official website of the robot in your web browser. There is no information available about the company’s origin. The website doesn’t have any testimonials that may confirm the legitimacy of the robot. Also, the website has nothing to share concerning the performance of the robot to make it look convincing.
Making unlimited profits with an automated robot may sound appealing. However, it has nothing to do with reality. The market is full of such scam auto trading robots that claim to make traders millionaires in just a few days. The Bitcoin Rush is also one of them. The robot makes false promises to bring traders excessive returns within 24 hours. However, it doesn’t talk about the proposed algorithmic strategy as to how it is going to work?
Secondly, the crypto market is known to have substantial volatility levels. The price sometimes moves quite unprecedentedly, leaving the most skillful traders helpless. So, how can you trust a robot that is supposed to place trades according to pre-determined market conditions?
Quora is a well-known social networking platform where people from all across the globe come, meet, and share their experiences. People also ask questions on the platform to seek knowledge or advice from other people and learn from their experiences. While searching for information about the bitcoin crush, we came across various reviews of members sharing their experiences of using automated trading robots.
Most of the reviews were against the use of such auto trading apps that makes promises and do nothing. A member of Quora said that the robot doesn’t work until you code them yourself. Explaining his views, he added that the robots who follow strict trading strategies fail to adapt to the market. On the other hand, flexible, chaotic, or short-term financially oriented robots also may not produce the required results. Therefore, either you code a robot yourself, or it is better to go for a manual trading option with a legitimate trading platform like etoro.
Like Quora, Reddit is also a famous platform for socialization. People join the forum from almost every part of the world, and the community seems to be increasing day by day. Reddit also helps users to gain the information they are looking for, along with the chance to read reviews and learn from the experiences of other users. We found people were complaining about the Bitcoin Rush. The majority of users were warned not to use the robot ever. There were a lot of negative reviews on Reddit, confirming that the robot is nothing but a scam.
Claiming appearance on TV is a traditional method for the so-called scam robots to use for falsely promoting themselves. The Bitcoin Rush also claims to have been appeared on various TV shows, including this morning, shark tank, and the dragon’s den. Although we knew the claim is fake, still we researched to find any evidence in support of Bitcoin Rush’s claim. However, we couldn’t find even a single proof to believe the news was real. Moreover, upon confirmation from the show’s support team whose name Bitcoin Rush was used for its false advertisement, it was revealed that Bitcoin Rush never appeared on any of the TV shows. Let’s quickly go through each of the TV shows to know a little more detail.
This Morning: The Britain TV show “This morning” is one of the most popular TV shows in the UK. The program had its first appearance back in the late 90s. The show features segments from arts and entertainment, business and health, showbiz and fashion, etc. The Bitcoin Rush claims that it has appeared on this morning’s show and that the show hosts have endorsed it, suggesting people invest with it. However, the show hosts denied any such appearance of the so-called auto-trading robot and disowned any affiliation with it.
Shark Tank: The shark tank is an American business reality show which is equally popular amongst all classes of viewers across the United States. The program offers a chance to rising talent to sell their business ideas to the multimillionaire panelists of the show. Thanks to the vast fan base, the Bitcoin Rush tried to manipulate the information and claimed its association followed by its fake endorsement on the show.
Dragons Den: The dragon’s den is a UK TV business reality show. Its format is similar to that of the American TV show, the shark tank. The dragon’s den is one of the old shows that are equally famous these days as they were during the old days. The Bitcoin Rush claims to have the endorsement of the show’s judges. However, when the show panelists were asked about the reality of endorsement news, they even didn’t know any such robot exist.
The Bitcoin Rush claims that many celebrities have endorsed it. Superstars like Bill Gates, Richard Branson, Holly Willoughby, Mark Cuban, Piers Morgan, and some other media persons are named to have supported the Bitcoin Rush. We have seen many auto trading robots claiming such fake endorsements in the past. However, we had to get it to confirm anyway. After confirmation from the spokespersons of the celebrities mentioned above, here is what we find;
Bill Gates: Bill Gates is the founder of one of the world’s most significant business ventures Microsoft Inc. Because Bill Gates has talked about the fortune of the bitcoin (cryptocurrency) multiple times, he gets allegedly quoted for the endorsement of such fake trading robots even without his consent to misguide people and having them fall into their scam.
Holly Willoughby: Married Holly Willoughby is a well-known model, TV anchor, and news reporter. She often gets her name as a referenced celebrity who endorse auto trading robots. Holly Willoughby reacted quite naturally after hearing that she was named by a trading robot, which claims that Holly Willoughby has not only supported it but asked other people to invest in it. I’ve been sick of these so-called auto trading apps that use my name without keeping me informed, she added. Also, she told her desire of pursuing legal action against the ones responsible.
Richard Branson: Sir Richard Branson, the famous English entrepreneur and the founder of Virgin Group, needs no salutation. His name was also used for the false publicity of the Bitcoin Rush trading app. We tried to find information to confirm if Branson has endorsed the robot? However, we couldn’t find any information that could have made us believe the endorsement claim of the Bitcoin Rush was valid.
Piers Morgan: The English journalist and TV broadcaster Piers Morgan is quite a well-known public figure when it comes to talking about fake endorsement news. He might be the only person whose name has been quoted so many times by these simulated auto trading robots as compared to any other celebrity.
Piers Morgan has denied all such endorsement news on several occasions before. He said, people should react rationally, they may invest their money in anything else except these scam robots. I don’t hold any investment in any of the auto trading app, and I don’t recommend people to even think about investing in them, he added.
After a detailed review of the Bitcoin Rush, we conclude that the Bitcoin Rush is also one of those scam trading robots that make false promises of making clients millionaire overnights. The trading app works just the same as many other useless trading apps. The unavailability of testimonials and office addresses also raises alarms about the authenticity of the robot. The trading app doesn’t have even a single trading account of its members to show the performance of the robot in due course of time. We suggest not investing your money with the Bitcoin Rush. Instead, find some authorized trading platforms like the eToro trading platform to trade effectively.
eToro is one of the leading Bitcoin and crypto exchanges and social trading platforms that offers a wide range of tradeable instruments to its clients all across the globe. Regulation from the world’s most reputable regulatory institutions such as ASIC, CySEC, and FCA makes the platform even more secure for investment purposes.
eToro offers its customized digital wallet – the eToro Wallet – to its members to hold and store one hundred plus cryptocurrencies. Using eToro’s leverage option, traders can trade big crypto lots without having to invest large amounts, making it one of the best crypto CFD brokers. Novice traders can make the best use of social trading by copying trades of other successful traders through eToro’s social trading platform. The wide range of deposit and withdrawal methods on eToro offers a complete sense of feasibility for you to deposit funds in your account at your convenience.
Yes, it does. You can trade both forex and crypto assets using the bitcoin rush trading app.
Well, as far as regulation is concerned, not only the bitcoin rush but any other auto trading apps are not regulated. Talking about its legitimacy status, we have some strong reservations in believing so.
You need to deposit at least $250 to get started with the robot.
Yes, you can. The robot comes with dual features i-e auto and manual. It depends upon you whether you wish to trade manually or would like to let the robot to trade the market on your behalf automatically.
Most of the time, you can have your account verified within 5-10 minutes of registration. Else, it won’t take more than 20 minutes in any case.
Yes, you can choose to pay through your preferred payment method.
