A lack of legal and founder transparency is one of the first signs this bot can’t be trusted. If such technology truly works, people who developed it should be fairly proud of it. Yet, these guys have been hiding behind the keyboard the whole time.
Surely, that’s not a place where you can trust your money easily. That’s why we want you to watch out for all the signs we reveal in this SatoshiBot review. At least if you don’t want to get ripped off.
| Regulated By: | No regulations |
| Is This Company Safe? | No |
| Known Websites: | |
| Have Warnings From: | N/A |
| Registered In: | N/A |
| Operating Since: | 2022 |
| Trading Platforms: | Proprietary platform and app; |
| Maximum Leverage: | N/A |
| Minimum Deposit: | $500 |
| Deposit Bonus: | Not available |
| Trading Assets: | Cryptos |
| Free Demo Account: | Not Available |
| How To Withdraw From This Company? | Withdrawing funds from such an anonymous company without a trading license is close to impossible regardless of their most likely fake reviews. If you experience any trouble withdrawing your money, contact us for chargeback assistance. |
Legal Info: Is SatoshiBot Legit Or A Scam?
One of the things that can easily catch your eye is quite poor T&Cs. Without any legal information presented, it’s hardly believable this company operates legitimately. But to find easy proof of that, you just have to look for the company’s license. Since you won’t be finding it in top-tier regulatory databases, that’s a sign to steer clear.
Consequently, all the potential security features and presentation fall down the drain. Especially once you read all SatoshiBot reviews.
Who Are SatoshiBot’s Victims?
Since 2022, this investment firm has been operating worldwide. But it’s concerning they have been targeting such strictly regulated countries like:
- Netherlands
- Croatia
- United States
- United Kingdom
- Canada
Luckily, traders nowadays are well-equipped with knowledge about investment firms. However, swindlers are always one step ahead. If you are one of those as well, send us a message right away and book a free refund consultation.
Traders Reviews
You can get a hint from their reviews whenever you are unsure if the company is legit. But first, let’s take a look at a few discrepancies. Apparently, this firm has more than 10.000 registered and 5.000 monthly active users. Yet, the SatoshiBot investment firm has only 44 reviews on Trustpilot. On top of that, 20% of those comments are negative and point out withdrawal issues.
To make everything funnier, the company claims to offer the #1 trading bot. But after all those negative comments, you can realize it’s all just a farce. To learn how to stay away from such offers, check our RGN Financial Planning LTD review. Also, if any of these firms hold your money, get in touch for a chargeback consultation.
Leverage, Commissions, Spreads, Fees and Taxes
One of the worrying details about the SatoshiBot company is hidden fees and investment costs. Apparently, you just have to make a deposit, and they will generate profits for you.
However, fees and commissions for those services are not revealed. That practically looks like they will just keep your money.
Bonuses
Welcome bonuses are very common among brokerages. However, this firm generates free money for you. Therefore, you can’t get a better bonus than free money without any fees. If that sounds too good to be true, it most likely is.
SatoshiBot Trading Features
As can be seen, every SatoshiBot plan is based on crypto investments and copy trading. When they get a signal, a trade will be copied automatically on your account as well. But that doesn’t sound too convenient.
Trading Platforms Available
Important to realize is that the company doesn’t reveal on what platforms or exchanges they operate. So, how can you know if they are investing your money with a trusted platform? You can’t, and that makes everything even more suspicious.
However, you can track your portfolio through your web-based dashboard.
Available Trading Assets
Generally speaking, all this reminds of Ponzi schemes mainly offering crypto investments. Firstly, these are volatile, and it’s easy to convince traders that the SatoshiBot ROI is realistic. In reality, traders would be just sending cryptos to swindlers’ pockets, starting with:
- Bitcoin
- Ethereum
- Litecoin, and so on.
Account Types
Since there’s no SatoshiBot free trial option, you can either test them out and risk everything or invest safely elsewhere. Thus, with the company’s promising returns, it’s quite easy to fail for it.
Anyway, all accounts have fixed term periods and fixed daily or weekly returns, and the options are:
- Bennet – $50.000 / 5% ROI per day / 1 week
- Bronze – $500 / 0.8% ROI per day / 30 days
- Silver – $1.000 / 1.1% ROI per day / 30 days
- Gold – $2.500 / 1.4% ROI per day / 30 days
- Diamond – $10.000 / 12.50% ROI per week / 3 months
- Master – $15.000 / 16.5% ROI per week / 3 months
- Champion – $25.000 / 20% ROI per week / 3 months
Mobile Trading App
Even though the company presents us with a pool of 10K registered users, the company’s app on PlayStore was downloaded only a bit over 100 times. Some numbers obviously don’t add up. Sadly, if you have your SatoshiBot account registered on iOS, you won’t have a dedicated app for use.
Demo Account
As mentioned, the company does not offer trial versions. However, if they have been using copy-trading, you could do it yourself with any top-tier licensed investment firm. Simply sign up for a demo account with them and test the signals.
Education
Since the company does the investing for you, proper education is not a part of the deal. Even though it’s more than necessary to understand offers presented to you. We strongly recommend you check our ALTCRYPT review to find out why.
SatoshiBot Withdrawal
You should simply complete the SatoshiBot login process to withdraw your profits and jump to the client withdrawal area. From there, you can request your withdrawal, but only via crypto transfer. Sadly, the company doesn’t offer any trusted options like wire transfers or card transfers.
Nevertheless, whatever the options are, you can’t expect big payouts with them. Possibly, since it all looks like a Ponzi scheme, you could get a small withdrawal. But only with the purpose of pitching you for more money.
Customer Support
Another sign of the SatoshiBot scam is the mysterious customer support. The company only provides a live chat feature and web contact form. Also, some traders reported communication over Telegram, which is another encrypted feature that keeps the company anonymous.
Key Information To Consider About SatoshiBot
With this anonymous investment firm, it’s hardly believable that you can win, primarily due to missing regulations and poor transparency. Problems are highly possible, and we want you to be prepared for them.
Get in touch with our refund consultants and find out how to recover your money from any scam firm. The first meeting is completely free, so book yours today.
FAQ Section
What is SatoshiBot?
SatoshiBot is an automated investment firm that uses a copy-trading strategy to generate profits for its users.
Is SatoshiBot Legit?
No. The company promises returns that can’t be guaranteed and also operates without regulations.
Can I Trust SatoshiBot With My Money?
No. Many, traders reported issues with them. If you can’t get your profits out, don’t hesitate to reach out to our refund team for advice.
Source:
https%3A%2F%2Fscambrokersreviews.com%2Fcrypto-scams%2Fsatoshibot-review%2F
