Btcbeaxy.com Reviews BTC Beaxy, Another Scam Bitcoin Exchange!

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BTC-exchange Review – is btc-exchange.com scam or good cryptocurrency exchange?

Trading A ccounts and C onditions

Account type Leverage Trading fee Deposit/withdrawal fee*
Standard 1:1 0% 1% (Min. 0.0025 BTC)

*BTC-exchange does not charge FIAT transfer s, however MisterTango and banks involved in the process probably will.

BTC-exchange is a a BTC/EUR trading platform, accessible via e-payment service provider MisterTango.

In order to start trading, y ou have to register an account with Mister T ango (which is free), download one of its mobile app s, and undergo ID verification.

BTC-exchange Advantages

No trading fees

The main advantage of BTC-exchange is that it has zero trading fees. Most exchanges charge something in the range of 0.15% – 0.25% per trade, however BTC-exchange compensates that with deposit and withdrawal fees. More details on transfer fees are available in the Disadvantages section below.

As we mentioned in the beginning, BTC-exchange works with Euro, so its users can buy Bitcoin directly with cash, or cash out their BTC. Of course, these transfers come with a price.

Deposits via bank transfer and cards

Thanks to BTC-exchange’s partnership with MisterTango, its users are able to transfer traditional money to and from their bank accounts or via MasterCard, which is a significant convenience.

BTC-exchange Disadvantages

Only one trading pair

BTC-exchange is a Bitcoin marketplace where you can only buy BTC with EUR, or vice versa. This is a very limited offering. Other entry-level crypto services have listed more coins and (or) work with several fiat currencies. By comparison, Bitstamp allows trading Bitcoin, Ethereum, Litecoin and Ripple against EUR and USD.

BTC deposit/withdrawal fees are too high

Bitcoin deposits to and withdrawals from BTC-exchange are charged with 1%, (at least 0.0025 BTC) which is a way higher than the average transfer fees in the sector. For example, UK-based CoinMate charges only coin withdrawals, and the fees are quite low (0.0003 BTC).

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As regards fiat transfers, BTC-exchange claims that they are free of charge, but keep in mind that its partner MisterTango has some fees (https://d168plm0n1qvjk.cloudfront.net/en/wp-content/uploads/price_list.pdf). For example:

– C ard fee s: withdrawal once per month up to 200 EUR – free. Other withdrawals – 2 % from the amount, not less 3 EUR;

– SEPA deposit fee – 0.00 EUR. for EU customers; 5.00 EUR for non-EU customers;

– Bank transfers to other EU banks in Euros (SEPA) for not European Union residents: 5.00 EUR.

BTC d eposit and withdrawals not instant

Another weak side of BTC-exchange is that BTC transfers need staff confirmation and there is no 24- hour customer support. BTC-exchange’ s customer support works 8:60-17:30 (GMT +2) Monday to Friday.

No m argin trading

You cannot trade on margin at BTC-exchange , which is not unusual for the sector, and especially for entry-level crypto services . Nonetheless, those of you who want to to gear up their trading, can do so with forex brokers. S ome of them offer trading in Bitcoin and other altcoins (in the form of CFDs).

Conclusion

BTC-exchange is a European entry-level crypto service. The platform basically allows its users to buy Bitcoin with EUR via convenient pauyment methods such as bank transfer and cards . The service is enabled by MisterTango – an e-money provider licensed in Lithuania.

While BTC-exchange boasts on having zero trading fees, it has pretty salty fees for BTC deposits and withdrawals. Furthermore, BTC transfers may take a lot time, as they need confirmation by the exchange’s support that is not 24/7. Another thing that bothers us with regards to BTC-exchange is that it provides no information about the company that owns it, its headquarters, etc. Nonetheless, this company also operates Bitmarket.lt, Bitmarket.lv, and Bitmarket.ee domains.

If you would rather work with a reliable and regulated entity, we remind you of the option to trade cryptocurrencies in a easier and safer way with licensed forex brokers.

Zero trading fees

Only one trading pair

F iat currenc y support

BTC transfers expensive and not instant fees

Convenient payment options

No info about the company, storage of funds

No margin trading

Broker Advantages

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

BTC Robot Review – is it a scam ? Real results from bitcointalk users…

BTC Robot Review Summary

Pros: Easy to setup, lots of tutorials, support available.

Cons: Doesn’t seem to act as described at all. Didn’t manage to get it to work on the Silver Plan.

Conclusion: No, BTC Robot is not a scam, but I believe that it’s not as accurate as described on the BTC Robot sales page. Personally, I didn’t manage to make a profit out of it but I’ve used it for 2 weeks only. The good thing is that the 60 day money back guarantee makes it a no brainer for someone who wants to try it out any way and decide for himself.

99 Bitcoins’ rating [usr=5.5]

For more information about BTC Robot.

Full BTC Robot Review

Let me start right off the bat here by saying this is not another “look how great my profits are with BTC Robot”. This review aims to bring real live research to conclude once and for all if purchasing BTC Robot is worth your money or not. I’ve been into Bitcoin for almost a year now and just recently got my hand on BTC Robot and this was only after some INTENSIVE market research. My guess is that if you’re on this page you probably are looking into researching it as well, so hopefully I can save you some time.

This review is not based on my personal experience only

Instead of just trading with BTC Robot and then giving you my personal opinion alone I integrated into this review as many online BTC robot reviews I could find online. I picked out the best ones (usually from Bitcointalk.org) and the worst ones (usually for people who are trying to make a quick profit) and brought them together. I will not talk about how to use BTC robot in the review since it’s pretty simple and there’s a complete step by step guide once you purchase it.

Searching for “BTC Robot reviews” on Google bring almost 92% are biased reviews…

So after going through the first 4 pages on Google for the term “BTC Robot Reivews” I managed to find only 3 reviews that were worth commenting about, the rest of the reviews were plain biased.

Jonathan shows real live proof that you can gain (and lose) with an honest BTC Robot review

I managed to go for almost 12 different reviews before deciding to purchase BTC robot. The first review I came across which was probably the most helpful was of a site called “Bitcoin World Wide” which was kind of suspicious looking since it seems to only be promoting BTC Robot. Nevertheless after reading the Jonathan’s review carefully I saw that he was actually updating his stats each month including loss (which is something that biased reviews rarely do). So up until November 2020 his account was at a positive ROI of %26.75 but because of the big drop in Bitcoin price in December he ended 2020 with a negative ROI of %61.23. My guess is that he was using the aggressive mode which cause him these loses. Here is his recap for December.

Michael Summer shows a real live screen capture of making profit

After screening some more excessively biased BTC Robot reviews I came across a Vimeo video of a guy named Michael Summers. Now this video is clearly narrated, but nevertheless he shows making actual profits off BTC Robot of around $386.18. After further investigation I saw that the video was uploaded on January 2020 but it was filmed on July 2020….make you wonder how legit it is after all.

The first major website to review BTC Robot says it’s a scam

After some more digging in, I came across an article from “The Verge”. To make a long story short the author of the post on The Verge claims the BTC Robot is just another scam in the world of making money online. Although he seems to be very determined about it, he did not bring one piece of evidence supporting his claims. On the comments that were posted to this article the BTC Robot team answered each and every reader who expressed the smallest of concerns which plays in their favour. If someone is trying to scam you, they usually won’t have such great customer service.

What Bitcointalk’s forum has to say about BTC Robot

For those of you not aware of it, Bitcointalk is the biggest Bitcoin forum online today, and it doesn’t take scams lightly. Users who are considered scammers are marked clearly and are usually booted out of the forum, here are some examples not related to BTC Robot:

I found 3 different posts relating to BTC Robot reviews. The first was of a a staff member of Bitcointalk. He actually created a total profit of $52.15 through the time he was trading but was losing Bitcions. He was kind of iritated by this although the BTC Robot representative who replied on that post clarified that profits are based on USD and not BTC, meaning if you want to earn USD use BTC robot. If you’re aiming to earn Bitcoins then perhaps there’s a better way.

The second thread of BTC Robot review on Bitcointalk I read heated up pretty quickly and got over 400 posts! I went over most of them (you can’t actually read 400 posts). Going through the posts I encountered another video that seemed to be legit and shows profits.

There was A LOT of back and forth in these forums. Mostly people accusing it of scam but without actual proof. The BTC Robot team seemed to defend themselves fiercely against any accusations. A few member finally came up with some actual trading data showing that they lost money when using the robot and some complained about bad customer service. Towards the end the forum get really aggressive, lowers the BTC Robot’s team trust score and calls out the program to be unsuccessful.

Finally I tried finding the latest BTC Robot review, since maybe something has changed during the time the program has been running. It seems that not much has changed although one reviewer said he had a hard time getting his money back because he bought the program with Bitcoins.

Last but not least, my own experience with BTC Robot

So after reading so much stuff online I didn’t have a very good feeling about BTC Robot, but there was still no outright proof that it was a scam. Also, they promise a 60 day money back guarantee so I figured I can purchase it, play with it a little and if I think it’s crap just get refunded. The purchasing process went pretty smooth, just go to the BTC Robot website, select your plan (I chose the Silver one) and then get redirected to ClickBetter for payment.

Note: ClickBetter is the payment processor for BTC Robot, so if you want to get refunded or have problems during your purchase you need to approach them. A word of wisdom, don’t fall into all of the up-sell crap they try to pitch you after you buy the robot, it’s just cheap marketing tactics.

I got my API keys from BTC-E. You do this by just going to your profile, choosing API Keys and then creating a new key. You can name it whatever you like but then you need to give it “info” and “trade” permissions.

I funded my BTC-E account with $100 which was the most I was willing to lose on this test. I set the robot to “medium” trade settings and waited to see what happens, unfortunately nothing did. The program wasn’t able to fetch my BTC-E information and therefor wasn’t trading. I sent an email to BTC Robot’s support and got answer the next day with some instructions. I then decided to take things up a notch and actually upgraded to the “Gold Plan”. The reason being that I have a 60 day money back guarantee so there is no risk.

After signing up to the Gold plan the Bot actually started trading. I decided to leave it for the next few days and see what happens. This is my account on the first day of trading:

Unfortunately enough, I didn’t manage to make a profit even after several days of trading. It was time to test out the last thing left…the 60 day money-back guarantee. I sent a refund request to ClickBetter and waiting to see if this will work as advertised. It did, and in 3 days I got my full refund for both programs.

The conclusion – is BTC Robot a scam ?

No, BTC Robot is not a scam, but I believe that it’s not as accurate as described on the BTC Robot sales page. Personally, I didn’t manage to make a profit out of it but I’ve used it for 2 weeks only. The good thing is that the 60 day money back guarantee makes it a no brainer for someone who wants to try it out any way and decide for himself. If you would like to share your experience with BTC Robot just post your comment and rate this product below.

BiteBTC СКАМ .

shooter

Бывалый

про этих воров уже много раз писали,но мне как-то на глаза эта тема не попадалась,пока меня лично не коснулось.
вообщем майнил и продавал MicroBitcoin (MBC) на этой бирже,а когда попытался вывести заработанное,получил письмо ,где написано в переводе—

Уважаемый трейдер,
Ваша учетная запись была временно отключена и в настоящее время находится на рассмотрении соответствия, что влечет за собой проверку недавних и прошлых действий учетной записи, чтобы убедиться, что наши пользователи соблюдают наши условия обслуживания.

Депозитная транзакция (ы):
4a317d1c2042c0bb55727cf639875e088fb143b7f9ec79eed2a36b89334faabd

Для облегчения нашего обзора, пожалуйста, предоставьте следующую информацию:
– источник средств для вышеуказанной транзакции, т. Е. Как и где они были приобретены или приобретены
– Соответствующая документация, которая указывает на подтверждение права собственности на данные средства

Спасибо за ваше сотрудничество с этим вопросом.
После предоставления вышеуказанной информации и завершения проверки соответствия мы сообщим вам о результатах и состоянии вашей учетной записи.

после этого письма заблокировали аккаунт,зайти на биржу невозможно.

так что будьте бдительны и обходите этих ВОРОВ стороной

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