Bitcoin Circuit Platform – Is it a Scam?
Recently, several media reports arose about the Bitcoin Circuit platform and whether it is a scam or not. It describes itself as an automated trading platform.
With the more and more widespread use of Bitcoin and other cryptocurrencies, scams targeting these currencies have also developed. In this context, it is essential to note that, for some months now, many people have wondered if they can get rich with the Bitcoin Circuit. Or if in reality, it is a scam. At least, there is something that is not clear within it.
Bitcoin Circuit describes itself as an automated trading platform that can be used to buy and sell cryptocurrencies. It is a smart trading system that people can use to make money even if they don’t know how to trade cryptocurrencies manually. On the web portal, they describe the project as an initiative by two brothers to facilitate the task of making money.
What the Bitcoin circuit promises?
They talk about the possibility of making millions through investing in cryptocurrencies. To do this, you only have to deposit on its platform. Through an automated investment program, users begin to receive “promising” returns, absolutely above the market average and guaranteed.
They add that everything is automated and that you should let the algorithm work for the user.
They point out that you shouldn’t monitor the markets because Bitcoin Circuit opens and closes trades for you. The minimum deposit that can be used for trading on the platform is $250, up to $15,000.
But is it a scam or not?
Although media within the ecosystem has covered the issue, none can ensure or deny that it is a scam. It is up to the competent authorities to determine if it is, or not. However, it gathers questions from people who indicate that it is a fraud.
What is certain is that Bitcoin Circuit is an operator that promises its clients very high-profit possibilities in a short time. And it does so through an automated trading system that should be able to support these purposes intuitively.
It is also very striking that, taking a look at the official website of the Bitcoin Circuit, we see how there are clones that emerged at the same time, which could indicate that something is wrong.
However, many people, without adequate knowledge, end up approaching operations like these with excessive optimism.
We remind you that if you want to invest in Bitcoin or any other cryptocurrency, and you are unaware of projects like this, seek working with reliable and regulated brokers. Also, you should always keep in mind: If it sounds too good to be true, then it is probably a scam.
Get the latest economy news, trading news, and Forex news on Finance Brokerage. Check out our comprehensive trading education and list of best Forex brokers list here. Subscribe now and receive FREE updates on the market today!