The Banking On Blockchain trading software boasts of insanely high returns and is marketed as a super easy way to make thousands of dollars per day. But is this really true? Or is Banking On Blockchain a scam software that is just going to take your money and run with it?
There are legitimate cryptocurrency trading softwares out there but from what I have seen online the overwhelming majority of the ones being heavily marketed are scams. So you can never really be too sure when it comes to things like this. In fact, some other very similar trading software scams that I reviewed recently include Crypto Magnet & Bitcoin Millionaire Club.
Banking On Blockchain Review
Upon first coming across this software I was very suspicious of it all. Not only am I always suspicious of automated trading bots softwares, but also the fact that the sales video for this made insane income claims that are very characteristic of scams.
I mean seriously… come on now. They claim that you can make $13,000 a day everyday with this software, of course all with just 20 minutes of work. This is insane and I’m not falling for it at all. Right off the bat this place has many of the crypto scam warning signs that I’ve seen before.
Why This Doesn’t Make Sense To Me
Ok, so as I said, there are legitimate trading softwares out there that will trade cryptos and I know that some of them work. But I have never heard of one working as insanely good as this software claims to.
I don’t understand how it can be possible for this to make you $13,000 per day with just a $250 initial investment. This makes no sense. Just think about it. When you first start out that would be a 5,200% profit. That is crazy and I can’t wrap my head around it.
I understand that you with some of the trading bots out there you may be able to get to the $13,000/day profit level eventually. But this would be when your trading balance is around $100,000 or so and you have massive amounts to trade with. When you are trading with just $250 this doesn’t make any sense.
How Does The Software Work?
How can it possibly be making you $5,200% profit? Where is it finding these trades to be able to do this?
I don’t know… maybe I’m just an idiot but I see no plausible way that this software can make the returns that it claims to be able to. It sounds like every other crypto trading software scam out there.
Why Do You Need a Broker? – Red-Flag
This is something else that doesn’t make sense to me and makes me more suspicious that this is nothing more than a big old scam. Why do you need a broker to trade crypo’s?
You should just be able to hook the trading software up to a cryptocurrency exchange. There is no need for a broker and I have no idea why they would refer you to one. I’m very suspicious of this because I have seen countless trading software scams over the years and they always scam you out of your money the same exact way…. they refer you to some unregulated, unknown scam broker that takes your money and you never see it again.
Maybe there is a reason that they refer you to a broker but I don’t understand it. If you are reading this and have the answer as to why this is the case I would appreciate it if you leave a comment below to explain it. But as for now this is another major red-flag that this is nothing more than a scam.
A Look at The Creators Behind Banking On Blockchain
Its always important to take a look behind the scenes to see if the creators of the software are trustworthy and credible.
Yet of course… just as expected… we don’t know anything about the people behind it. They don’t give you any good information to go off of. This could have been created by a known group of scammers, it could have been created by a blockchain genius, it could have even been created by a trained monkey…. We don’t know.
Usually with legitimate programs/softwares it is very easy to find out who is behind it and they provide you with information showing why these people are qualified to create such. Since there is no information like this it just leads me to believe once again that this is nothing more than a scam.
And of course the software is free to use. The creators are just so so kind and are letting everyone make it rich out of the kindness of their hearts.
Being free is another major red-flag in my book.
I don’t know of any legitimate trading softwares that are actually free. You get what you pay for and usually good things cost more money.
Conclusion on Banking On Blockchain – Scam?
Although I have not personally bought Banking On Blockchain and tried it, I can tell you with about 99% certainty that this is a scam. After investing the initial $250 you will likely never see a penny of profits and will be out your money.
Out of all the many online money making programs out there, crypto trading software scams seem to be the most rampant at this point in time. With the massive boom in the crypto industry the scammers behind many of these are riding the new wave of popularity and taking advantage of those that are looking for a piece of the profits.
There are dozens upon dozens of very similar scams out there and you have to be careful what you get into. Most are scams.
In the online world there are way more scam programs than legitimate ones so it can be difficult filtering out the scams and finding the right opportunities. One program that I will always recommend if you are looking to make money online is this program. I’ve been a members since 2015 and make a living working online now. This has nothing to do with cryptocurrency but I know many people looking into this are just looking for a way to make money online.
You can read my review of this program Here.
And if you have any comments or questions just leave them in the comment section below ?