Our review of Bitcoin Bank in 2021

If you are looking for a trader to invest in cryptocurrencies and you have seen the name Bitcoin Bank, this review will be very useful to you . Here we will tell you everything we have discovered about this platform, and we will show you why it is not a good option to manage capital.

Is that this broker uses the same mechanisms as the most dire examples of the cryptocurrency industry. To highlight its flaws, we will use as a counterexample one of the most prestigious companies to invest in bitcoin, eToro . Welcome to our Bitcoin Bank review.

In this report we will present all the reasons why Bitcoin Bank is an inadvisable option. We are also going to share the criteria we use to evaluate a cryptocurrency investment platform. Our main parameter is security, since the Internet continues to be a New Zealandra perform transactions , either in fiat money or in cryptocurrencies.

Our experience with Bitcoin Bank

Most opinions about Bitcoin Bank point to the same factor: the system is not effective . Apparently, the company is structured on the basis of a Ponzi scheme or similar, which consists in paying the earnings of users with the deposits of new members. This is unsustainable and produces nothing.

The operator has another reason to be suspicious - the positive reviews of the Bitcoin Bank forum are part of their marketing campaign, that is, they are fake.

Is Bitcoin Bank a scam? Here's why it's not reliable

If Bitcoin Bank is such an unreliable operator , how is it possible that it attracts users? What we have discovered is a cuiVegas Palmso persuasion system.

The company's advertising messages are aimed at people who have searched for information on how to invest in bitcoin in their browsers. Thus, the name of the operator appears repeatedly to them and they may come to believe that Bitcoin Bank is reliable, despite the fact that it does not give any proof .

In this way, users repeatedly encounter a very easy-to-complete registration form. It does not ask for identity or account verifications. Inexperienced investors do not perceive the potential threat to confidential information .

The various elements of the possible scam in Bitcoin Bank :

• Aggressive online advertising;
• Simple registration form;
• Customer service phone;
• Fake celebrity advertising and sponsorships.

Registration is so simple, that many users are willing to do it but not to take the next step, that is, to invest money. That's why they receive persistent phone calls from the customer service, trying to convince them of the benefits of depositing money on the platform.

This is all very suspicious. Even more so when the advertising modality is added, which consists of exploiting the image of celebrities without their consent, along with complimentary phrases for the company. Communication campaigns are so deceptive, that it is not difficult to imagine that Bitcoin Cash is a scam.

Bitcoin Bank Review: what we know about this broker

To make this review, we have consulted a wide variety of opinions and comments about Bitcoin Bank. We have noticed that the main objection of the independent forums is that this system it does not lead to any good results ; there are no real users who have perceived profits. This company is already part of our blacklist of platforms to invest in bitcoins , along with platforms of the reputation of Crypto Hopper , Trust Investing and Bitcoin System .

Do you think you've already been scammed? Here are our tips

If you are paying attention to this article, perhaps they are because you have already used Bitcoin Bank and you are not sure what happened to the funds. Well, our initial recommendation is to stop investing immediately and try withdraw what is in the account . On the website of the CNMV (National Securities Market Commission) the list of companies that have initiated cases is given. If things are not progressing, you can hire a lawyer.

Alternative insurance brokers to Bitcoin Bank

Of course, today, in the face of the prosperity of cryptocurrencies, there are numerous operators with reliable platforms . The fundamental factor to recognize them is the presence of a qualification certificate issued by some dollarpea finance entity , such as Securities Commissions. This document endorses the management mechanisms of companies and attests to their transparency. Our preferred option is eToro . It has given us the best results, as well as millions of users.

eToro is registered with the Cyprus Securities and Exchange Commission (CySEC), one of the most recognized dollar entities. Its services are spread over 120 countries, and its reputation in the world of finance it couldn't be better .

Comparison of Bitcoin Bank and eToro

The comparisons bring out the best and the worst of each one, as they illustrate graphically and clearly the operation of each operator. Here we will use the criteria on which we rely to evaluate a broker . See:

As you can see, Bitcoin Cash does not meet any of the parameters that we demand from a quality broker. We don't know for sure what's behind that platform, but judging by appearances, it does not lead to any profit .

Introductory guide on how to invest in bitcoin safely

If you want to invest in cryptocurrencies, eToro it is your trusted tool. On that platform it is necessary to register, following all protocol guidelines . Then, it will be required to make an initial deposit. These funds will be used to start investing. The operator will guide you on how to do it efficiently and profitably.

Finding

This Bitcoin Bank review will have served you, we hope, to know where not to invest the money . We have made it clear that it does not seem to us an adequate alternative to manage cryptocurrencies of any kind. It does not give guarantees of safety. We join the opinions of Bitcoin Bank that do not favor it.

As we have stated in our arguments, we believe that eToro is the best option on the market. It is a fully regulated platform, which has given satisfaction to millions of users. Investments are easy to understand thanks to its practical system. Thuś, making a profit has never been easier .

Frequently asked questions

Here we will leave you the questions that we receive most frequently in our inbox. We target our answers to a wide audience: we want to share what we know about investing in cryptocurrencies and

🔌 Does Bitcoin Bank really work?

Judging by all the opinions about Bitcoin Bank , this system does not work. Many relate it to a Ponzi scheme, which is parasitic and it does not produce anything . We have also not found evidence that users of the platform have made any real profits. All the positive reviews we read are fake, as they belong to the company's advertising campaigns.

🤥 Is Bitcoin Bank a scam? Why?

There are several points which lead us to infer that Bitcoin Bank is a possible scam . For example, the fact that the company does not have a valid purchase and sale license in Dollarpa. This indicates that is not registered with the relevant entities ; no authority attests to its proper functioning. To this is added the misleading advertising.

🗝️ Are there safe alternatives to Bitcoin Bank?

Reliable brokers present an enabling license. Without this point, it is impossible to trust them. Our safe alternative it is eToro, a company with an excellent reputation in the world of finance. Its services are available in 120 countries and its millions of users show signs of satisfaction. The platform makes investments simple and profitable .

⚡ What elements should I take into account when choosing a broker?

Every operator worthy of attention must present a license. This document indicates that the operator is registered with a public body and under the protection of an authority. It is also ideal to make a compared among some well-named platforms to see which one best suits personal needs. There is a safe broker for every type of investor.