✔️ Information reviewed and updated in October 2024 by Eduardo López

IS Bitcoin Millionaire TRUSTED? REVIEWS

In this review I will be looking at Bitcoin Trader. Is the Cryptocurrency, Indices and Forex broker Bitcoin Trader (with website the-bitcoin-trader.com) really reliable? Is it safe to invest your money with this company? I will take a deep look at this company.

I will explain to you why I consider Bitcoin Trader to be an UNRELIABLE company AND I CONSIDER IT TO BE UNSAFE. BE CAREFUL WITH THIS KIND OF COMPANIES!


ℹ️ BROKER DATA:

There are two aspects I would like to highlight here: (1) the first thing that is relevant to know is about its regulation and (2) the second is the company's headquarters. These are two crucial pieces of information to be able to evaluate the seriousness and credibility of a company.

Is the company unregulated or regulated by an untrustworthy country? Is the company located in a shady location or does it not even mention its location? These are questions that any investor should ask themselves about the reliability of the company.

InformationAbout the company
(I.e. PaymentCredit/debit cards, Popular e-wallets, Bank transfers
???? AddressNot mentioned
📄 Attend the eventNot mentioned
🛡️ RegulatorNot mentioned
Company typeCryptocurrency, Indices and Forex Broker
📧 EmailEmail: Not available
️ ️ Telephone numberDoes not have
🌐 Websitethe-bitcoin-trader.com
🕑 Website ageYour registration date was: September 15, 2021 (recent)
???? Live ChatYes

📞 LIST OF PHONE NUMBERS:

The company does not provide a contact phone number. The lack of means of communication makes me a bit worried. This is not usual.


💰 ACCOUNTS AND DEPOSITS:

Bitcoin Millionaire does not provide different account categories.


🌐 WEBSITE – WEB PAGE:

Here you can view the company's page and a brief analysis about it:

Bitcoin Millionaire Page
  • Website creation date: The domain “the-bitcoin-millionaire.com” was registered on August 25, 2020, indicating that it is not a very experienced site. 🚩
  • The website does not identify its owner, evidencing a notable lack of clarity in key information. 🚩
  • As previously mentioned, the company does not claim to be regulated, suggesting it may be an unsupervised entity. 🚩

⭐Bitcoin Millionaire ANALYSIS:

After carrying out a study on the company, I have come to the following observations:

1) There is no information on the company's location. This omission indicates a notable lack of transparency that is essential to know in order to assess the company's security.

2) There is no mention of whether the company is regulated nor is any information provided regarding its regulatory status. Therefore, it appears to be an UNREGULATED entity.

3) I believe the company has little track record in the market. I have verified that the domain “the-bitcoin-millionaire.com” was registered on August 25, 2020, which is quite recent.

4) The company has a rather negative reputation on the Internet, and I have already found several complaints from users.

5) The company promises a high percentage of profitability, which sounds too good and suspicious, leading me to think it is misleading. Promises of secure profits: “Daily profit guarantees” are mentioned, which is a common sign of fraud. Lack of risk information: The dangers associated with cryptocurrency trading are not addressed. Free registration: Although they claim that registration is free, a minimum deposit of $250 is required to start trading, which could be an indication of a deceptive business model.

6) The company has been denounced by the following regulatory entities: CNMV, National Securities Market CommissionIt is a low security company, please proceed with caution.

“To be honest, I would not invest in this company: it is not regulated. It does not indicate which entity it belongs to. I cannot recommend such a company.”


💬 WHAT TO THINK ABOUT A COMPANY LIKE Bitcoin Millionaire?:

Bitcoin Millionaire is a broker that has raised concerns due to its lack of transparency and regulation. The website, registered on August 25, 2020, is relatively new, which may be an indication of risk. The absence of information about who owns the platform generates distrust, as it is essential to know the identity of those responsible to assess the security and legitimacy of any financial company.

Furthermore, the company does not mention its location or provide information about its regulation, suggesting that it might be operating without official oversight. This lack of regulation is alarming, as cryptocurrency trading can be very risky, and without a regulatory framework, investors are exposed to potential fraud. Bitcoin Millionaire’s online reputation is very negative, with multiple complaints from users warning of unsatisfactory experiences.

Another point to note is that the company promises high profit percentages, which is often a warning sign. Claims of “daily profit guarantees” are common in scams and the lack of discussion about the risks associated with cryptocurrency trading is worrying. Although registration is presented as free, a minimum deposit of $250 is required to start trading, which may be indicative of a deceptive business model. Furthermore, the company has been reported by the CNMV, the National Securities Market Commission, reinforcing the perception that Bitcoin Millionaire is an unsafe option. Extreme caution is advised when considering any investment with this broker.


📣 LATEST UPDATES:

1) Update September 2024: la CNMV, National Securities Market Commission, has denounced Bitcoin Millionaire.


✔️ CLAIM MONEY FROM Bitcoin Millionaire:

If you have been scammed, then I explain, in my opinion, one of the most effective methods to recover capital. If you do it on time and with a serious company, it is highly effective.

We work with a capital recovery service. here you can recover your capital.

In a few words, we use the chargeback method or capital withdrawal, with this method what we do is ask the bank or Visa, or Mastercard (depending on how we send the money), to return our capital, since we have been scammed. In order to recover it, we have to prove that we have indeed been scammed.

Claim your money now!

If you have been scammed, it is the option that I recommend, we work with a totally serious and safe capital recovery company.


🚨 REPORT Bitcoin Millionaire:

If you have been scammed by this company and you want to report it, I think the best option is to contact the financial regulator of the country where you live. Report what happened to the regulator. Here are some examples of financial regulators by country:

🇦🇷 Argentina: the financial regulator is CNV, here you can get in touch

🇧🇷 Brazil: the financial regulator is CVM, here you can get in touch

🇨🇱 Chile: the financial regulator is CFM, here you can get in touch

🇨🇴 Colombia: the financial regulator is the Financial Superintendence, here you can get in touch

🇪🇨 Ecuador: the financial regulator is SUPERINTENDENCE OF BANKS, here you can get in touch

🇪🇸 Spain: the financial regulator is CNMV, here you can get in touch

🇺🇸 United States: the financial regulator is FINRA, here you can get in touch

🇮🇹 Italy: the financial regulator is CONSOB, here you can get in touch

🇲🇽 Mexico: the financial regulator is CNBV, here you can get in touch

🇵🇪 Peru: the financial regulator is SBS, here you can get in touch

If your country is not on the list, leave a comment and I will gladly help you!


❓ FAQS – FREQUENTLY ASKED QUESTIONS:

What is Bitcoin Millionaire?

Bitcoin Millionaire is an investment broker that specializes in cryptocurrencies, stock indices and forex.

What steps should I take if I have lost money with Bitcoin Millionaire?

If you have lost your money or been scammed, I recommend you try the capital recovery service.

Is Bitcoin Millionaire a scam?

According to my assessment, there are reasons to consider that Bitcoin Millionaire could be a scam. Based on the observed characteristics, the company seems to have an unsafe and unreliable profile.

Is Bitcoin Millionaire trustworthy?

Bitcoin Millionaire is not presented as a reliable option. Evidence indicates that it may lack the necessary safeguards to protect investors, suggesting that caution should be exercised.

Which broker is reliable to invest?

If you want to know a safe and reliable company, I invite you to see the ranking of best brokers and you can also check the 3 best brokers of the month. .


Eduardo Lopez

Editor and Copywriter

I am Eduardo López Martínez, I was born in Madrid, Spain and I am 48 years old. I am a journalist and I am part of the Brokersdeforexconfiables.com team. Do you want to know a little more about me? I invite you to read my biography.

See publications of Eduardo López

Review rating: 5/5 - (196 votes)

2 comments on «IS Bitcoin Millionaire TRUSTED? REVIEWS»

  1. jacqueline Reply

    I have some acquaintances investing with them, I'm afraid, I don't want to lose my savings or be scammed. do you have information? Thank you so much!.

    • reliableforexbroker.com Reply

      Hi Jacqueline, Bitcoin Millionaire is a SCAM, we are receiving many complaints from investors, they do not return the money, you should never invest in an unREGULATED broker.

      They create positive comments of their own to confuse investors and pose as a serious and legal company but everything is invented and if you mention our review they say that we are the competition and that is not true (we only do reviews of brokers).

      When you request a withdrawal of capital or benefits, if they make excuses and force you to pay commissions or another type of ransom, you will know that they are scamming you, do not fall into that trap, those commissions are not real, they try to take more money from you.

      If you want to recover the money, you can do so by filling out the form at this link and they will call you to assess your case at no cost: Get your money back, we are with you

      Greetings.

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