BitApp24 Review: A Thorough Review for Crypto Enthusiasts
There are many interesting and innovative companies when it comes to crypto trading. BitApp24 has appeared with promises of advanced AI tech for swift market maneuvering. But can this platform live up to its claims? Let’s dive into an honest BitApp24 review. We will do our best to expose this shady company.
General information | |
Name | BitApp24 |
Type of company | Affiliate campaign |
Regulation status | Not expected |
Warnings from Financial Regulators | No official warnings |
Website link | bitapp24.com |
Active since | 2023 |
Registered in | Singapore |
Contact info | [email protected] |
Trading platforms | BTC ProAir 24 |
Majority of clients are from | United Kingdom, Germany, France, South Africa, Netherlands |
Customer support | |
Compensation fund | No |
About BitApp24
BitApp24 claims to be an automated trading platform, offering a crypto trading bot to rule the volatile crypto market. Operating 24/7, the bot claims to outpace human traders. It apparently leverages data-driven algorithms for real-time market analysis and speedy trade execution.
However, we have many doubts about BitApp24. Rather than a genuine crypto bot, it appears to be a fake affiliate company guiding users to broker websites. So what is the motive here? We believe it’s potentially extracting money and selling user data.
Who’s Behind BitApp24?
Despite claims of transparency, BitApp24 AI falls short of revealing the identity of its owner. While the website hints at BTC ProAir 24 powering the platform, the lack of clear ownership details is a problem.
It’s common in the crypto industry for platforms to work anonymously. Still, users should approach such things cautiously. Unfortunately, there are many scams out there!
BitApp24 Markets, Assets, and Options
BitApp24 scam facilitates trading in popular crypto coins such as Bitcoin, Ethereum, Ripple, and Dogecoin. Besides, it extends its reach to indices, commodities, and forex. This may look like they care to provide traders with a range of investment opportunities. Still, we doubt that is true!
For those who care about leverage, this app offers ratios of up to 1:500. While this can yield higher profits, it also exposes users to big losses, particularly in volatile markets. Keep in mind that leverage in trading is a risky practice!
Note: Chartistake Markets Ltd isn’t a trusted broker because it lacks regulation. We suggest opening an account only with brokers managed by a top-tier and strict regulator. Ideally, brokers should have FCA, ASIC, or CySEC regulations.
The Costs
This firm markets itself as a cost-free platform, claiming no fees for its services. Yet, you should be mindful of potential charges from the crypto exchange. Know that these vary based on trading pairs and volume.
- Minimum Deposit: $250
- Trading Fees: Varying crypto trading fees
- Account Fees: Zero
- Deposit/Withdrawal Fees: Zero
- Software Cost: Zero
- Subscription Cost: Zero
Also, we can see that accepted payment methods include cards, bank transfers, e-wallets, and crypto. At least, this sounds decent.
UI-Friendly Interface or Data Seller?
What about the trading platform here? As you may know by now, this firm markets itself as a crypto trading bot with a solid interface. They claim their app (BTC ProAir 24) is superior and has many interesting trading features, along with the solid costs we mentioned before.
However, our investigation shows a clear ulterior motive: selling user data. This company is nothing but a scammy affiliate campaign that aims to profit from your data.
Fact: Affiliate fraud is when shady actions are taken to earn commissions from an affiliate marketing program. It’s essential to recognize them.
AI Magic or Data Harvesting?
BitApp24 relies on advanced mathematical algorithms and AI tech. They say the app uses it for market analysis and trade identification.
The claim is that the platform promises continuous improvement. Still, we only see their other narrative. As we mentioned before, there is a clear focus on data sales rather than genuine crypto trading. This should definitely be highlighted.
BitApp24 Trustpilot Ratings
What about Bitapp24 reviews? Checking out Trustpilot for the scoop on this firm, we noticed something odd. There is a noticeable lack of reviews. In the trading game, user reviews are critical, as they give us real talk about what’s what.
The lack of reviews about this shady affiliate company is a bit alarming. When it comes to trading, it’s smart to roll with platforms sporting 4.5 stars or more. This is especially true in the FX and crypto space, where trust is the name of the game.
Affiliate Scams in Trading
The world of online trading brings many nice opportunities. Yet, it’s crucial to be mindful. Affiliate scams come in diverse forms, making it imperative for traders to be savvy and spot the warning signs.
Quick and easy money promises are often red flags, along with high-pressure sales tactics that create a sense of urgency. Be on guard against programs that ask for sensitive info like credit card details or social security numbers.
Traders should exercise additional caution if an affiliate program:
- Requires a fee for joining.
- Fails to provide real trading success examples.
- Seems too good to be true.
Before jumping into any partnership, careful research is a must. By doing your homework, you’ll ensure legitimacy and avoid headaches down the road. This goes without saying.
Tip: Did you know that BitAurox is a broker scam that aims to rob traders? It’s best to avoid such dangerous companies. There are a number of outstanding and legitimate trading platforms that care about your well-being.
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Final Verdict
After taking everything into account, we’re left with a hint of skepticism. Our viewpoint is rooted in what the company dishes out on its site. Still, this is a firm with a potential side hustle of selling data.
As you think about crypto bots and trading firms, always choose your offers wisely. Speaking of which, check out our proprietary trading firm. This is a top-notch choice to unlock gains up to $180,000. Making wise choices in the trading domain truly sets the stage for success.
FAQ
What is Bitapp24?
Bitapp24 claims to be an automated crypto trading bot, but it looks shady.
Is Bitapp24 a Legit Platform?
Bitapp24 raises concerns as it seems more like a fake affiliate than a legitimate platform.
Can I Trust Bitapp24?
Trusting them is hard due to their unclear ownership and focus on data-selling.