In this review we prove that BestCoinBot is a scam that was designed to lose your money.
What is BestCoinBot? According to the web presentation it is an automated trading solution for cryptocurrencies. The robot will take trades on your behalf and supposedly make you $250 – $500 in profits every day.
Best Coin Bot is free, so can you really make money for free with it?
BestCoinBot scam
The reality is that BestCoinBot is a scam that is based on a scam software. We have reviewed hundreds of scams, so we immediately saw what this program is about.
Check our picture and you will see that the same trading software is used by scams like Option Robot, Forex Robot and Crypto Robot 365.
This trading software sometimes allow users to test in a demo mode, which is very dangerous in this case, because the demo creates fictitious profits. It uses fake prices. So, people might get persuaded that the software is profitable, but it is not.
We get a lot of feedback about this robot and people confirm to us that in trading with real money it is losing.
Fake testimonials
On the BestCoinBot website you can also see some testimonials from people that are allegedly making money with this bot. But these reviews are fake.
Take a look at our picture and you will see that scammers used stock photos, so they portray fictitious users, none of these stories and results are real.
How it really works
The true purpose of BestCoinBot is to make you deposit money with an unregulated broker that the scammers are affiliated with – Greenfields Capital.
This broker is paying these scammers for referring new depositing clients. That’s how it works. If you deposit and let the robot trade with your money, you will lose it.
Conclusion
BestBitcoinBot is a scam robot that will lose your money, if you let it trade with it. These free robots are all scams.
If you want to earn money with cryptocurrencies, you will have to trade them manually. You can try it on a free demo account with a regulated broker.
Don’t forget that in trading you can not only make, but also lose money.