Bitcoin Aussie System App claims to provide an automated approach to making money from Bitcoin trading. This app is said to have up to 99% trading accuracy to ensure investments are profitable. As of writing this review, September 25, 2019, the site claims to host over 3,000 accounts. People in Australia are making millions… don’t get left out!
Or actually should you get left out? The purpose of this review is to determine whether the Bitcoin Aussie System App is a legit money making opportunity or a mere SCAM.
The domain BitcoinAussieSystemApp.com was registered with Name.com, Inc on April, 22 2018 for 2 years. They are currently enjoying a small amount of internet traffic especially from Australia, which seems to waning slowly. That is curious. If there’s an app that can generate money on autopilot, wouldn’t you expect the engagement to GROW rather than DROP?
What exactly is offered on BitcoinAussieSystemApp.com?
First of all, no need to be anxious to sign up, that countdown timer is fake. When it reaches 0, the site remains functional, and you can refresh the page to reset the timer. And that number of Limited Places is obviously fake as well. There’s no limit to the wealth the owners of the Bitcoin Aussie System App are willing to accumulate on top of innocent online buyers.
You sign up, make a deposit of at least $250 with one of their recommended CFD (or binary options) brokerages, then you get access to the software which basically generates money for you. It is totally free. There are no charges or fees. And the software is “RISK-FREE.”
They demonstrate how they use the software leaving it running for 24 hours. In just 1 day, the balance grows from $250 to $5,314.03. Now, imagine there are indeed 3,000 people using the software. They should be making $15,000,000 PER DAY by this logic…
The disclaimer at the bottom of this landing page reveals the truth hidden in the above fold section:
Bitcoin Aussie System is highly speculative, carries a level of risk and may not be suitable for all investors. You may lose some or all of your invested capital, therefore you should not speculate with capital that you cannot afford to lose.
The truth is that the software doesn’t offer any real benefit. CFDs/binary option trading is highly risky. And with some scam brokerages, even if you do make profits, you may never be able to withdraw them. So risky is this trading tool that it is illegal in the US (and binary options are illegal in Europe and other countries). Unfortunately, it is not yet illegal in Australia, which is why these scammers decided to target this demographic.
Who is Behind Bitcoin Aussie System?
Bitcoin Aussie System is claimed to be a trading name of Bitcoin Aussie System LTD, a technology services company. We don’t trust that this is their real name, however we do believe they are indeed a technology company which develops landing pages such as BitcoinAussieSystemApp.com.
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Review Conclusion: Is Bitcoin Aussie System App a Scam?
By hooking you up with their associated brokerages, this tech company is raking hundreds if not thousands of dollars in commissions for each trader they refer who deposits with those brokers. Nothing good usually comes from this type of trading, it is very close to mere financial gambling.
Indeed, as the people who designed BitcoinAussieSystemApp.com write in their disclaimer, they do “not make profits based on your trading results.” Rather, they make money from referring clients to brokerages. They are “not a Financial Services firm.”
As such, we wouldn’t necessarily classify the Bitcoin Aussie System App as a scam, but it is definitely highly manipulative, misleading, and just plain nasty…
We mean, just look at the fake testimonials they use to lure people in:
If you are unaware of the risks involved in CFDs/binary option trading, then we’d recommend that you stay away from Bitcoin Aussie System App and their brokerages!
If you have any first-hand knowledge about this site, we’d appreciate if you could share it with us by leaving a comment below.
We’re especially interested to know which brokerages they work with, and if they are legitimate.