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Crypto Trader Review: Is it a scam or legit?

Crypto Trader is one of the most popular trading technology platforms for cryptocurrencies in 2020. Many people want to know if they can really make money with Crypto trader. Find out in this detailed review.

There are thousands of people investing in the cryptocurrency market daily. Some may wonder what the hype is all about? Our answer is simple: there are plenty of opportunities to expand and increase your wealth through cryptocurrency trading without working tediously.

bitcoin trader review
Cryptocurrency trading using trading software has been on the rise recently. One of the most popular cryptocurrency trading software tools is called Crypto Trader. We decided to look into its features and compare it to similar trading tools. We wanted to determine if it’s legit by reviewing its features and other services it provides to its customers.

In this review, we will be reporting on Crypto Trader exclusively. The people looking to invest in this kind of trading tool are often people who want to create an additional income stream so that they are not dependent only on their salaries. Cryptocurrency has made it easier for people to make money by trading, however it’s not easy for beginners to learn how cryptocurrency works. Trading software like Crypto Trader was developed to make it easier  for people to navigate the crypto markets and make a profit trading digital assets.

Please continue reading our review for some in-depth insight into our experience.

Crypto Trader


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Crypto Trader Overview

What is crypto trading?

Crypto trading involves exchanging one cryptocurrency for another. This includes buying and selling coins and exchanging fiat (inconvertible paper money made legal tender by the government) money into crypto. Crypto trading is very similar to foreign exchange (forex), where fiat currencies from around the world are traded 24 hours a day.

What is Crypto Trader?

Crypto Trader is a cryptocurrency trading system that uses intelligent trading technology to analyse the cryptocurrency market signals and present investors with the most profitable trades.

Similar to foreign exchange, in the crypto market, the aim of every investor is to buy the cryptocurrency at the lowest rate and then resell to make a profit when the price rises. Doing this manually can be very difficult, time-consuming and chances are you might end up doing it wrong. This is where a Crypto Trader becomes very useful; the automated trading robots will detect the best trading opportunities for you by monitoring the cryptocurrency markets.

Since Crypto Trader is fully automated, investors are allowed to make deposits which will be invested by the trading robots in the cryptocurrency market. The lowest deposit an investor can make is €250 and the highest deposit permitted is €15 000.

Crypto Trader is one of the most reliable and legitimate forms of trading in the cryptocurrency market. We decided to share this review with you to make sure you have all the information you need to make an informed decision.

Official Crypto Trader Registration

what is bitcoin trader

Register your Crypto Trader account through CoinInsider and receive a FREE Personal Account Manager to walk you through your account setup process.


Who created Crypto Trader?

This crypto trading platform was created by an expert team who personally monitor, organise and supervise the cryptocurrency market. The team is made up of successful software engineers such as Freddie Parker, tech investors and cryptocurrency traders. Edward Clark is a highly successful trader and heads-up the Crypto Trader team. Both Clark and Parker have the expertise, experience and the wealth to solidify that Crypto Trading is a system that works. Especially for investors looking to earn a passive income or gain financial independence.

For potential investors interested in making money as a cryptocurrency trader may require training and education, for this reason auto trading platforms like Crypto Trader have become a popular way of generating an income with ease.


Is Crypto Trader a scam or legit?

We understand that investors need to know whether they can trust the system before ploughing money into it. It is confirmed that Crypto Trader is legitimate. The trading platform offers every investor a sustainable opportunity to expand their income.

Here is some more important information about Crypto Trader: 

  • Crypto Trader has a claimed success score of 95%. This means that most investors can generate a considerable amount of wealth through the cryptocurrency market.
  • Investors are allowed 60-day money-back guarantee if they are not satisfied with their results.
  • Anyone with a minimum of €250 to invest can start making money on Crypto Trader.

Trading Transactions – How does it work?

We were keen to understand how exactly the trading works so we were critical in our analysis. Especially since so many of the automated transactions yielded high profits.

One of the biggest advantages of these trading bots is that they are highly efficient, some would even say lightning-fast- this is crucial when trading since prices fluctuate in a matter of seconds. This way Crypto Trader secures the best deals for the investor and it becomes easier to understand why the success rate for all transactions are at 95%.


How does Crypto Trader work?

The Crypto Trader system is very responsive. This makes it easy to use and its process easy to follow.

Here’s what happens after registering for free and making a deposit:

  • The trading technology system will perform trades on the investor’s behalf automatically using data gathered from the cryptocurrency market.
  • Only potential transactions that can lead to high profits for the investor will be selected. This means investors will only be getting the most lucrative deals.
  • After earning a profit, the automated system takes a percentage of the profit and the balance, including the capital, will be credited to the investors Crypto Trader account.
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Advantages of trading with Crypto Trader

There are traders and investors who are making well over €5000 daily on this platform. After understanding the trading transactional process this comes as no surprise.

Here are the top advantages of trading with Crypto Trader:

  • The high success score means that every investor can make money daily on this platform.
  • The trading system is 99.4% accurate.
  • The robots used to trade are intelligent and lightning-fast, ensuring every investor gets the best results in a matter of seconds.
  • Online safety is a priority- The SSL online security protocol is in place, for investors worried about their transactional safety.
  • No registration fee is required.
  • Fast withdrawals- Investors can receive their first payment within 24-hours and the funds are deposited to their direct bank accounts in the local currency
  • There are no hidden fees- the transactional system is completely transparent.

Is there a Crypto Trader App?

There is. The app allows potential investors to manage their own accounts and access features. It is user-friendly, instinctive and convenient. The Crypto Trader App works as well as the browser version. Potential investors should have a good user-experience with little to no hassles on the app.

The app can be downloaded on the official website and is completely free to download. No payment verification or requirements. You can also make deposits via the app.


Crypto Trader vs Other Trading Applications

There are some distinct differences between Crypto Trader and other trading systems we’ve tested. For starters, Crypto Trader is quick and easy, other trading platforms require much more information, including a subscription fee, depending on which one investor chooses. These accounts may also take longer to open.

With Crypto Trader, withdrawals are processed within 24hours, while other platforms may require a waiting period or take a week or two to receive investors earnings after initiating a withdrawal. Customer support is a big deal and investors may find that it takes longer to contact and get support from other traders, with Crypto Trader this time is significantly shorter.


How to open your Crypto Trader account

We have curated all the information potential investors need to open a new account. This account can even be used for potential investors just to test the system. You will need an account name, email address, and a phone number. Make sure the email address and phone number that is given is valid, so the account can be verified successfully and then proceed to complete the rest of the registration process.

You may find that this process is significantly shorter than other trading platforms. In just a few minutes the account is set up and ready for use. This is great user experience, most people tend to get discouraged to register an account on platforms that require an extensive amount of details for verification. There is a list of over 100 countries where potential investors can make money with Crypto Trader. With multiple payment options available on the site and app, increasing your passive income has never been easier.

Registering a new account

After the initial verification process, an email will be sent prompting the potential investor to confirm the bank details provided. Investors will then also need to enter a secure password. As mentioned before the security protocol for your transactions is completely secure.

The SSL certificate put in place on the site ensures that there is an encrypted channel between the client and the server. Transmission of information such as the potential investor’s credit card details and account login information is encrypted to prevent the loss or theft of information. Potential investors will also be relieved to know that they won’t receive any unsolicited emails in their inbox once registration is complete.

Once the details have been confirmed and the registration is complete, the first deposit can be made. The deposit process is lightning fast, in less than three minutes the potential investor can begin to trade.

There is a certain feature called the “stop-loss” feature we need to explain. Other trading platforms do not offer potential investors this option, it is unique to the Crypto Trader platform. This feature prevents potential investors from losing all their funds/money if the market suddenly changes. This does happen from time to time since these markets are time-sensitive. The stop loss feature is set before a trading session commences and trade will not exceed the restriction set by the account owner.

Crypto Trader has proved to be one of the best trading robots on the market. Any potential investors interested in generating an income from the cryptocurrency market have a high chance of success using this trading bot.

Crypto Trader


Can you make money with Crypto Trader?

Based on reviews from around the internet and going through the app, it is possible to make a profit using the Crypto Trader trading software. However, just like any form of trading, due to the volatile nature of cryptocurrencies there are risks of losing your investment if you make the wrong trades.

Here are some tips to get the best out of Crypto Trader:

  • Start small – Start with the minimum deposit of €250 and don’t trade with big money until you are familiar with how Crypto Trader works and you have started making some profit.
  • Follow expert advice – watch video tutorials from experts on how to use crypto trading platfroms.
  • Only invest what you can afford to lose – don’t trade with money that you need to survive and to pay bills.

Can US customers use Crypto Trader?

No, due to American law, people from the US cannot access Crypto Trader. There are alternative cryptocurrency trading platforms that can be used by US citizens.


Has Crypto Trader been featured on TV?

There are claims that Crypto Trader has been featured on popular television shows such as Shark Tank and Dragon’s Den. There are other claims that Crypto Trader has been endorsed by celebrities such as Elon Musk and Gordon Ramsay. We decided to look into these claims.

Was Crypto Trader featured on Dragons Den?

dragons den bitcoin loophole

Dragons Den is a famous british show where aspiring business people are given 3 minutes to pitch their business idea to a panel of successful business people in the hope of getting investment to launch and take their business idea to the next phase. Any product associated with this show would gain overnight success. We have not found any link between Crypto Trader and Dragons Den.

 

Was Crypto Trader featured on Shark Tank?

shark tank bitcoin loophole

Shark Tank is an american investment show similar to Dragons Den. Entrepreneurs a given a few minutes to pitch their idea to a panel of millionaires in the hopes that these millionaires will invest money in their idea. If Crypto Trader had the support of Shark Tank then its safe to say that it would be all over the news, however it is highly unlikely as Crypto Trader is not licensed in the states.

 

Crypto Trader


Has Crypto Trader been endorsed by celebrities?

There have been claims that Crypto Trader has been endorsed by international celebrities. However, we have found no proof that these claims are true and for now, this should be ruled out as speculation. 

Did Gordon Ramsay Endorse Crypto Trader?

Gordon Ramsay is one of the most famous chefs in the world. The Multi-Michelin starred British chef, restaurateur, writer and television personality has a huge brand so his endorsement would give any product credibility. We scoured the net and YouTube to find out if he has endorsed Crypto Trader unfortunately we did not find anything. So the rumours are false.

Did Peter Jones Endorse Crypto Trader?

Peter Jones is a British businessman and reality TV star on the popular investment show Dragons Den and American TV show American Inventor. He has an estimated net worth close to $500 million, therefore if someone of his financial standing endorses an investment product, many people would also invest in it. We looked for incidence that Peter Jones has endorsed Crypto Trader, however we did not find anything.

Did Elon Musk Endorse Crypto Trader?

Elon Musk is the eccentric billionaire with three nationalities, South African, Canadian and American. He is the man behind Tesla and SpaceX. Tweets from Elon Musk affect the stock market, if he were to endorse Crypto Trader it would be all over the news and the Crypto Trader website would crash. We searched the internet for any valid evidence that Elon Musk endorsed Crypto Trader, again we were unable to verify those claims.

So far all the claims made about different celebrities endorse Crypto Trader have been found to be false. Please note that it’s marketers making these claims and not the Crypto Trader platform itself. Only the information published on the Crypto Trader website should be regarded as true.

Did Trevor Noah Endorse Crypto Trader?

Trevor Noah is a South African comedian, political commentator, actor and the host of the popular American talk show, The Daily Show. There have been rumours that Trevor Noah uses Crypto Trader due to ads circulating around the internet about Trevor getting rich because of Bitcoin. It is public knowledge that Trevor Noahs source of wealth is his contract with The daily show and his comedy tours. Whether Trevor Noah invests in crypto or not is not public knowledge. It cannot be confirmed whether he uses Crypto Trader or not, therefore we will assume the information in the ads making the the rounds around the internet is false.


What famous people say about bitcoin

Now that we have covered all the false information, here is what famous people and successful business people are saying about cryptocurrencies.

1. “Bitcoin is exciting because it shows how cheap it can be. Bitcoin is better than currency in that you don’t have to be physically in the same place and, of course, for large transactions, currency can get pretty inconvenient.” – Bill Gates

2. “Bitcoin is a remarkable cryptographic achievement and the ability to create something that is not duplicable in the digital world has enormous value.” – Eric Schmidt (Google CEO)

3. “Bitcoin is a very exciting development, it might lead to a world currency. I think over the next decade it will grow to become one of the most important ways to pay for things and transfer assets.” – Kim Dotcom (CEO of MegaUpload)

4. “We have elected to put our money and faith in a mathematical framework that is free of politics and human error.” – Tyler Winklevoss (Co-inventor of Facebook)

5. “Bitcoin actually has the balance and incentives right, and that is why it is starting to take off.” – Julian Assange (Founder of Wikileaks)

6. “So bitcoin is cyber snob currency…” – William Shatner (Actor in Star Trek TOS)

7. “Virgin Galactic is a bold entrepreneurial technology. It’s driving a revolution and Bitcoin is doing just the same when it comes to inventing a new currency.” – Sir Richard Branson (Founder of Virgin group of companies)

8. “I really like Bitcoin. I own Bitcoins. It’s a store of value, a distributed ledger. It’s a great place to put assets, especially in places like Argentina with 40 percent inflation, where $1 today is worth 60 cents in a year, and a government’s currency does not hold value. It’s also a good investment vehicle if you have an appetite for risk. But it won’t be a currency until volatility slows down.” – David Marcus (CEO of Paypal)

9. “I think the fact that within the bitcoin universe an algorithm replaces the functions of [the government] … is actually pretty cool. I am a big fan of Bitcoin.” – Al Gore (45th Vice President of the United States)

10. “Bitcoin may be the TCP/IP of money.” – Paul Buchheit (Creator of Gmail)

11. “I am very intrigued by Bitcoin. It has all the signs. Paradigm shift, hackers love it, yet it’s derided as a toy. Just like microcomputers.” – Paul Graham (Yahoo Store)

12. “Bitcoin will do to banks what email did to the postal industry.” – Rick Falkvinge (Founder of the Swedish pirate party)

13. “Right now Bitcoin feels like the Internet before the browser.” – Wences Casares (Founder of Banco Lemon)

14. “[Virtual Currencies] may hold long-term promise, particularly if the innovations promote a faster, more secure and more efficient payment system.” – Ben Bernanke (Chairman of the Federal Reserve)

15. “I do think Bitcoin is the first [encrypted money] that has the potential to do something like change the world.” – Peter Thiel (Co-Founder of Paypal)

Crypto Trader


Celebrities with crypto interests:

Gwyneth Paltrow – In 2017, Gwyneth Paltrow joined the Bitcoin wallet startup Abra as an advisor during an episode of the Apple series, Planet of the Apps.

Mike Tyson – In 2016, Mike Tyson launched a Bitcoin wallet in a partnership with Bitcoin Direct.

Snoop Dogg -In 2013 Snoop tweeted:  “My next record available in bitcoin n delivered in a drone.” In 2017, Snoop Dogg was presented with 1,500 SparkleCOINs from the company worth approximately $55,500 as a donation for his youth football program.

Ashton Kutcher  – Invested in a sports betting blockchain, Unikrn, along with billionaire Mark Cuban.

Jamie Foxx – In 2017, Jamie Foxx endorsed the cryptocurrency exchange Cobinhood on twitter:

 “Looking forward to participating in the new @cobinhood Token! ZERO fee trading! #CryptoCurrency #BitCoin #ETH – http://cobinhood.com.”

Roseanne Barr – One of the earliest supporters of Bitcoin. Iin 2013, she tweeted:

first post apocalyptic law: slavery in all forms is now illegal-including debt slavery. #BITCOIN.

Mel B – In 2013, Mel B announced that she was going to accept Bitcoin payments for her new single.

She said:

I love how new technology makes our lives easier, and to me that’s exciting. Bitcoin unites my fans around the world using one currency. They can just pay using bitcoins.

Drew Carey – Once tweeted:

 Just tried to buy breakfast w bitcoins. Refused. #whenwilltheworldcatchuptomyhipness

Floyd Mayweather Jr. – In 2017, he tweeted a photo of himself with a caption that read, “Spending bitcoins ethereum and other types of cryptocurrency in Beverly Hill.”

Richard BransonAn article was published reporting that Richard Branson invested $30 million in cryptocurrency payments platform BitPay.

Elon Musk – In a tweet Elon Musk said:

“I still only own 0.25 Bitcoin btw.”
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Crypto Trader Review: Read the Verdict!

After doing an analysis we have found that Crypto Trader is a fully functioning trading platform, you can also talk to their consultants if you need to know how it works. After going through the internet we have also found that while some people have lost money, there are many people making from €200/week to €1000/week in profit. We recommend that you start off small with the €250 minimum deposit and learn how the platform works before investing larger amounts.


FAQs

  • Who invented Crypto Trader? 

Crypto Trader was invented by Edward Clark, a renowned cryptocurrency trader and Freddie Parker, a successful software engineer.

  • Is Crypto Trader legit? 

Yes. Crypto Trader is a legitimate trading platform for cryptocurrencies. It has been thoroughly tested and it works.

  • Can all cryptocurrencies be traded on Crypto Trader? 

Yes. Potential investors can trade Bitcoin, Ethereum, Dash, Litecoin and other coins.

  • Is Crypto Trader a pyramid scheme?

No, it is not. Crypto Trader has a similar process to the stock exchange, it just uses Bitcoins and other coins to trade.

  • Can I make money from Crypto Trader? 

Yes. There is a huge possibility for you to increase your passive income and gain financial freedom daily. What you will earn depends on the deposit you make. We would encourage you to start small initially and find out as much information as possible about how auto trading systems work. You could always double your deposit after your first withdrawal and make more money.

  • How safe is the online process? 

The process is very safe. The site uses an SSL certificate that encrypts any confidential information and protects potential investors against losing their money to online theft or ‘eavesdropping’.

  • Is it possible to study how trading bots work?

Yes. There is a variety of information available to you. This will enable and equip you to trade responsibly and find out how these trading robots work.

  • When will I receive my first payout after making a deposit? 

Your first payout can be processed in 24 hours after making an initial deposit.

  • How transparent is the payout system? 

You will find that Crypto Trader has one of the most transparent online payout systems. Your earnings are calculated accurately and deposited into your user account within seconds.

  • What are the available payment options to make a deposit? 

You may use a Visa, MasterCard, Netteller, WebPay, among other options.

  • How much is needed to register a Crypto Trader account?

It is a free registration process. All you need to do is make a deposit to start trading.

  • Is it advisable to invest all my money on this platform?

The cryptocurrency market has proven to be volatile and time-sensitive. We recommend starting small. As with any investment, there are risks but the stop-loss feature protects potential investors from huge losses. Alternatively, we advise investing your disposable income.

  • Can foreigners open a Crypto Trader account? 

Yes. Crypto Trader is available in over 100 countries and there are multiple payment options for your convenience. You can easily start earning a return on your investment from practically anywhere around the world.

  • How long does it take to open an account?

It should take about seven minutes to open a new account. The process is convenient and straightforward.


Glossary of Terms

TermDefinition
FiatFiat is traditionally referred to as paper money, that has no intrinsic value, but whose value is essentially established by the creator, in most cases this would be the government.
BitcoinBitcoin is reported to be the world’s most popular cryptocurrency. Bitcoin runs on a Bitcoin Blockchain and is a decentralized currency that operates independently from central banks and authority
EthereumEthereum, like Bitcoin, is a cryptocurrency that is decentralized. Here, investors can transfer and exchange value.
LitecoinLitecoin is also a cryptocurrency and a blockchain mirroring Bitcoin.
ExchangeThe crypto exchange is basically an online platform where crypto investors get to exchange different cryptocurrencies for other cryptocurrencies.
Bitcoin miningBitcoin mining occurs when Bitcoin transactions are verified and confirmed before being added to the Bitcoin Blockchain.
Crypto walletA crypto wallet is a software program that stores the private and public keys of investors. It also allows users to transfer, receive, spend, store and check their balances.
Circulating supplyThis refers to the amount of a given cryptocurrency or tokens that are publicly available and circulating on the market between buyers and sellers.
Market capMarket cap refers to the market value of all of the cryptocurrencies available in the market per day.
AltcoinsBitcoin was the first and most successful of all cryptocurrencies. All other coins are grouped together under the category of altcoins.
Block ExplorerAn online tool for exploring and analysing the blockchain of a cryptocurrency.
Block HeightBlock height refers to the number of blocks connected in the blockchain.
Block RewardAn incentive given to a bitcoin miner who has successfully calculated the hash (verification) in a block.
Chain LinkingTransferring one cryptocurrency to another. This requires the transaction to be lodged in two separate blockchains.
Consortium BlockchainA privately owned and operated blockchain.
CryptographyThe process of encrypting and decrypting information.
Decentralized Autonomous OrganizationRefers to organisations that are run by computer programs or software rather than a human input. There is no central authority in this regard.
TokenTokens are strongly associated with ICO’s and are often built on pre-existing standard from established ‘smart contract’ blockchains like Ethereum.
ICOThis stands for Initial Coin Offering and refers to a disruptive new method for projects to gain funding.
ForkIn cryptocurrency terms, a fork is an event where an existing cryptocurrency splits into two variations of the code.
WalletA cryptocurrency wallet is the primary way owners of cryptocurrencies are able to access their coins.
Hot and cold storageThis refers to where a particular wallet is hosted. Hot storage refers to a wallet that is accessible from an internet connection, where cold storage refers to hosting your wallet offline on a separate piece of hardware.
EscrowAn escrow is a financial arrangement where a third party holds and regulates payment of the funds required for two parties involved in a given transaction.
Smart contractThe Ethereum blockchain allows for code to be deployed onto it in the form of a smart contract. This contract is essentially a set of mathematical rules that dictate how the transactions function
Proof-of-work (PoW)For transactions to be confirmed and added to the Blockchain ledger, there are various approaches that have been developed to complete this process.
Proof-of-stake (PoS)In PoS-based cryptocurrencies, the creator of the next block is chosen via various combinations of random selection and wealth or age.
Proof of Importance (POI)This is a style of proof pioneered by the coin NEM as a third alternative to PoW and PoS.
TAShorthand for a technical analysis, or the analysis of coin values based on historical price movements and sophisticated indicators.
Nodea computer that is connected to the network of a particular cryptocurrency.
MiningMining is the process of validating new transactions on a cryptocurrencies distributed ledger.
MoonshotThis refers to a cryptocurrency shooting upwards dramatically.
Bear and Bull marketsA bull market is refers to rising prices and optimistic sentiment that encourages buying. Bear markets are considered the opposite of bull markets, with downward price trends and a pessimistic sentiment that encourages selling
WhaleRefers to someone who holds an large amounts of cryptocurrency
HODLRefers to the passive investment strategy of ignoring market turbulence and waiting for long term returns.
Hard ForkRefers to a type of fork that creates a permanent change to a digital currency’s standard protocol
Long/Long PositionRefers to making a wager that a certain asset will eventually rise in value.
Private KeyA piece of information that is presented as a string of letters and numbers a investor can use to access their digital currency
Public KeyAn address where a investor can receive his/her digital currency using a combination of letters and numbers.
RektOccurs when an investor loses large sums of money on the cryptocurrency market
Short/ShortingOccurs when an investor takes a short position- making a bet that a asset or currency will fall in value
Mining IncentiveA reward miners get for confirming transactions and mining them in to blocks
NoobRefers to new investors on the cryptocurrency market.
DAppRefers to a decentralized application.

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Disclaimer: The content on this page should not be taken as financial advice. It is for informational purposes only. Never invest what you can’t afford to lose. Always research as much as possible before making any financial decision and consult a certified financial advisor.