Bitcode Method Review: Is Bitcode Method A Safe Platform?
Bitcode Method is allegedly a proprietary trading platform that links clients up with top brokers and enables them to utilize advanced algorithms for automated trading. However, after doing some research, we detected multiple red flags, fake testimonials, recycled sales templates, and devious marketing tactics.
You should read our Bitcode Method Review if you want to learn the truth about this platform. Also, you will find out how to detect cyber scammers such as Forex48 and what to do in case you get defrauded.
|Regulated by:||No Regulation Expected|
|Is This Company Safe?||No|
|Have Warnings from:||N/A|
|Registered in:||Hong Kong (allegedly)|
|Trading Platforms:||Proprietary Platform|
|Minimum Deposit:||250 EUR|
|Trading Assets:||Stocks, Cryptocurrencies, Indices, ETFs, Commodities|
|Free Demo Account:||Not Available|
|How to Withdraw from This Company?||Since this company is unlikely to return your money – contact your bank, Financial Regulator, or simply Reach out to us for professional assistance in recovering your funds.|
Legal Info: Is BitcodeMethod Legit or a Scam?
Let’s talk about the Bitcode Method regulation. This website is classified as a crypto affiliate campaign, which is a type of business that doesn’t require a special license. However, we know nothing about this firm – no address, company ID, phone number, etc. That’s precisely why such providers are risky, especially if they are engaged in crypto trading.
So is Bitcode Method legit? There is a mention in the Terms and Conditions section of the platform adhering to Hong Kong laws, which cannot be confirmed. We also don’t know anything about the brokers and platforms which Bitcode Method is partnered with. Some reviews suggest that Bitcode Method bitcoin trading is supported by CySEC-regulated brokers.
But without any concrete names, we cannot simply take the website’s word for it. It’s a clever ruse for unsuspecting traders. We highly doubt the this company invest potential and especially the alleged success rate of over 80%.
Instead of trusting anonymous platforms, find a transparent and honest broker with a legit trading license, issued by a renowned financial market regulator such as the FCA (UK), CFTC (US), ASIC (Australia), IIROC (Canada), CySEC (Cyprus), BaFin (Germany), etc.
Who Are Bitcode Method’s Targets?
According to godaddy.com/whois, the bitcode-method.com (bitcode ai live) website domain was created on June 6, 2022. Since then, this anonymous platform provider has primarily been interested in offering services to traders in the following countries:
- United Kingdom;
Each of these jurisdictions features slightly different but strict regulations when it comes to the financial market, trading, instruments, leverage, and digital assets such as cryptocurrencies.
An anonymous provider like Bitcode Method has no business offering services in these domains, especially not in the UK and Australia, which are renowned for heavy crypto regulations that are constantly improving.
This firm provided testimonials of how great the platform’s services are. Yet, these reviews cannot be found anywhere but on the bogus website. Generically written lies are supposed to be selling snake oil but it didn’t fool us. The Bitcode Method contact page is missing so how is one supposed to get in touch with the company?!
If you lost money to the Bitcode Method scam, please book a free consultation with us. We can help you recover your funds.
Bitcode Method app – Trading Platform
Bitcode Method claims to be linking up clients with reputable, top-level brokers. These brokers are supposed to provide the trading platform, leverage, charge their own fees, etc.
The Bitcode Method app can be used on any mobile device (Android, iOS), Windows, Linux, and browser. In general, the best available trading platforms in the market are MetaTrader 4, MetaTrader 5, SiriX, and cTrader. We do not know which platforms the brokers offer.
That is why we don’t recommend you trust this company with your honest money. Be vigilant online and avoid anonymous platforms such as Bitcode Method or offshore providers such as StockCore.
Available Trading Assets
Bitcode Method supports some of the most popular tradeable instruments. Here is a quick overview of the trading asset classes that are mentioned on Bitcode Method’s website:
Instruments from each asset class can be traded against either cryptocurrencies or fiat currencies such as the American dollar. However, there is no Bitcode Method demo account, meaning that you cannot try out the platform for a free trial period.
That’s bad news if you’re a beginner and unfamiliar with how trading functions. Legit platforms always offer a risk-free demo account to make life easier for newbie traders and enable them to practice without risking real money.
If you cannot withdraw your funds from Bitcode Method, we offer our professional assistance.
Bitcode Method Withdrawal Process
Bitcode Method offers multiple payment methods for users to deposit funds into their trading accounts. Here are the payment methods mentioned:
- Credit/debit cards (MasterCard, VISA);
- Wire transfers;
- E-wallets (PayPal, Skrill, Neteller, etc.).
The Bitcode Method login page reveals that registration is completely free and that there are no deposit or withdrawal fees. The minimum deposit is 250 EUR. Withdrawals are allegedly instant.
It’s important to note that this is the Bitcode Method withdraw policy; individual brokers and financial institutions may have their own fees, processing times, and requirements for each payment method.
Since the Bitcode Method is unlikely to fulfill your withdrawal request, you can request a chargeback at your issuing bank in order to reverse MasterCard and VISA transactions within 540 days.
Key Information To Consider About Bitcode Method
To sum up, Bitcode Method is a virtually anonymous affiliate campaign that has been active since June 2022. This platform has primarily been targeting unsuspecting traders from the United Kingdom, Canada, Australia, Germany and Italy.
We do not recommend you trust this firm with your hard-earned funds. If you fell victim to the Bitcode Method scam, please book a free consultation with us. We shall explain to you how the chargeback procedure works and gladly guide you through the whole process.
In case you deposited funds via crypto, you will need to utilize advanced crypto-tracing software to find the wallet that received your funds. Scam Broker Reviews has a team of experts that can help you recover your funds.
Book your consultation today and start the chargeback process.
What is Bitcode Method?
Bitcode Method claims to be an affiliate campaign that links traders up with top brokers.
Is Bitcode Method A Scam Or Legit?
We believe that Bitcode Method is a scam because the platform is anonymous and the bogus website contains fake testimonials.
Can I Withdraw My Funds From Bitcode Method?
It’s highly unlikely. That’s why you should seek out professional help. We offer our services.
Elon Musk Bitcode Method Connection?
There are some Bitcode Method elon musk allegations about how the latter endorses the platform. All lies.