Bitcoin Compass: Auto-Trading Platform for Cryptocurrencies That Doesn’t Charge Usage Fees

You may have seen Bitcoin Compass as an automated software that helps you multiply your money by investing it in cryptocurrencies. You will learn more about this auto-trading software so that you can decide if it is legit or a scam.
Bitcoin Compass Review Featured Image
Bitcoin Compass is one of those set-and-forget programs where you only need to fund your account and it will automatically execute trades for you. While this process may seem attractive, there are still no guarantees that it can work for you.

What is Bitcoin Compass?

Bitcoin Compass is an auto-trading platform for cryptocurrencies that doesn’t charge usage fees. By signing up, you will have access to buy certain crypto coins. Through the software, you have the option to buy and sell these cryptocurrency assets automatically.

How Does Bitcoin Compass Work?

The robot first gathers information about different cryptocurrencies. It is able to do this by looking at profitable signals. Then, it will automatically buy and sell cryptocurrencies for you. For the program to work, you need to fund your account with a minimum deposit of 250 USD.

How to Join Bitcoin Compass?

REGISTRATION

You can easily sign up for a new account on their website. You can get access to the registration form right from the top of the page. It is situated beside its promotional video. Initially, they will ask for your first name, last name and email address. Then, they will also ask for your phone number so that their brokers can reach you. Once you submit the necessary information, they will ask you to create a password and your account will then be created.

DEPOSIT

You may want to know about the minimum and maximum deposits that the platform can take. The lowest initial deposit is 250 USD and this can go up to 15,000 USD which is the maximum investment that you can make in the platform. You can make your deposits via MasterCard, Visa, Netpay, and bank transfer.

DEMO TRADING

Demo trading is essential if you want to test the platform before you invest your money. In this option, you log in with a demo account so that you can preview the platform. This option also allows you to study the platform before you create your own account.

LIVE TRADING

Live trading is activated by simply clicking a tab in your software. This is when you have already invested your initial 250 USD. When this is activated, the software will now thoroughly search  the market and look for cryptocurrencies that you can invest in. You can control your losses by activating the stop loss feature in the software. Through this, the bot will stop executing your trades once the market becomes too volatile.

Key Features

Can’t decide if Bitcoin Compass is worth the investment? In this section, you’ll find a short description of its key features. This is here to help you decide if Bitcoin Compass is for you.

PAYOUTS

You can set your payout threshold in your account settings. This allows you to easily withdraw your money once it reaches your desired threshold. Although there is one problem., it seems that the system doesn’t allow the complete withdrawal of all of your initial investment if you want to keep your account.

VERIFICATION SYSTEM

You will be asked for your personal details such as your email address and mobile number when you sign up. The company ensures that all of these information are verified. They may even call your number or send an email just to validate that it was you. The entire process is fast and automated.

DEPOSIT

The platform requires an initial deposit of 250 USD for it to function. You can easily deposit money through credit cards, debit cards and bank transfer. Deposits can be done instantly by simply providing your payment details.

HOW TO WITHDRAW

You can easily withdraw your money by making a request. Once you reach a payout threshold, you can fill out the form and submit it to their system. They will then facilitate your withdrawal so that it reaches your card or bank account.

FEES

One of the most attractive features of Bitcoin Compass is it doesn’t require any upfront fees. This means that you don’t need to pay for anything if you just wish to see how it works. While it requires an initial investment for it to function, this money is still yours to invest. They just deduct a small amount for each successful trade.

USER TESTIMONIALS

All of their user testimonials can be seen on their homepage. However, it cannot be verified that it came from real people.

CUSTOMER SERVICE

The system is powered by a 24/7 customer service. This means that you can easily reach out to them if you have questions. You can reach them by call or via email. They ensure that they are always available to assist their members.

BROKERS

While they claim to be affiliated with certified brokers, there is no evidence that these brokers are indeed certified. They don’t provide a database of their brokers for verification.
PROS AND CONS

Bitcoin Compass vs Other Trading Platforms

You’ll love Bitcoin Compass because of its easy-to-use interface. Aside from the fact that there is a demo trading feature, you can also find that the entire process to be easy. On top of this, they also assist you with their customer service system. The only downside is there is not enough evidence that it is legit.

PROS

  • Demo trading feature
  • Easy deposit and withdrawal process
  • Has a Stop Loss system
  • 24/7 highly responsive customer service

CONS

  • Hit rate of 99% is too good to be true
  • Brokers can’t be verified
  • User testimonials can’t be verified
  • Too similar with other cryptocurrency automated trading systems

Bitcoin Compass Hoax

Bitcoin Compass claims that they are affiliated with celebrity endorsers such as Richard Branson or Gordon Ramsey. This seems to be a hoax that is created by their company. If you will look for evidence on Google, you’ll find that their testimonials are false information posted by affiliates.

Aside from that, the claims that they have registered or legal brokers in their team is questionable. If you will try to contact them, they will just redirect you to another scam called WiseBanc. They also could not provide a list of partner brokers.

Bitcoin Compass App

Bitcoin Compass currently doesn’t have a mobile or desktop app. You can access it through a desktop or mobile browser but there is no downloadable app or software that exists. If you find an app with a similar name, it is most likely not affiliated with Bitcoin Compass.

Is Bitcoin Compass Scam or Legit?

Is Bitcoin Compass Safe?

It seems that Bitcoin Compass is not safe. It seems like it is a scam. There is a lack of verified user testimonials and they cannot provide evidence of their affiliation with trusted brokers. They even fabricated their testimonials and claimed that they work with celebrities. This is a red flag and shows that the software is a scam.

Can You Make Money With Bitcoin Compass?

Making money with Bitcoin Compass is definitely possible. But the chance is far too low. This is because you are giving your investment to a bot that will execute trades for you. While they claim that there are people at the back of the app, there is no evidence that proves this.

Why Invest With Bitcoin Compass?

We suggest that you keep your money and don’t invest. While there is a chance for success, the chance is too low. Plus, there is a chance that you will not be able to withdraw your money. The lack of evidence is a sign that they cannot be trusted with your savings.

About the author

Hi I'm Jeff Kiefer and this is my blog. I've been in the Internet Marketing industry for over ten years now, and I would like to share all my experience, insights and other fun stuff with you guys!

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