Beware of Bitcoin 360 AI Scam

Bitcoin 360 AI is presented as an automated trading software

Bitcoin 360 AI: another scam in the crypto world

On the surface is website may look legitimate, but in reality it doesn’t take long to discover that it’s the same old one fraud.

The first clue that suggests quite clearly that this is just an attempted scam is the explicit statement on their website that “The average daily profit is $1,300.”

This number appears quite clearly to be completely made up, and thrown in just to try to fool the naive.

In fact, in trading the profits depend on the amount invested, so they also vary greatly depending on whether you invest a lot or a little.

However, the second clue is one obvious lie.

Indeed, the website claims that Bitcoin 360 AI is “multiple award winning”, but there is no record of it ever receiving a single award.

So, as far as anyone knows, Bitcoin 360 AI has never received any real prizeswhile on the website they are lying by calling it multiple award winning.

Then there are other minor clues, starting with the fact that the website it is presented with is extremely similar, if not almost identical, to that of many other similar scams.

Among the minor clues, the most important is the fact that it is offered as free software. There are several auto trading programs on the market, but they are very complex to set up and manage, and above all very expensive.

Developing truly successful auto trading software is extremely difficult and expensive, so no one would ever dream of offering it for free. It is more than obvious that Bitcoin 360 AI earns directly from users’ payouts, and since this hypothetical auto trading software most likely does not even exist, users will only be paid back with money collected from new users.

Another Ponzi scheme in the market?

Thus, it is most likely a running pyramid scheme, or Ponzi scheme, where the money paid in by newcomers is used to pay back the first participants. When the influx of new deposits from naive new users ceases, or slows down, the pyramid scheme will collapse and stop paying out.

In the end, only the first ones who have already entered will win, while everyone who enters later will end up losing their deposited money.

In this regard, one should not be fooled by another lie, namely the claim that Bitcoin 360 AI would have a “99.4% accuracy rate.” In reality, such software most likely does not even exist, so it has no degree of accuracy.

Another minor, but pretty obvious, clue that this is the usual scam is the fact that they ask for an initial deposit of $250.

Such scams always ask for an initial deposit of between $200 and $300, although then the operators behind them try to convince the more naive to deposit more. There are people who have lost tens, if not thousands of dollars or euros this way.

It is worth pointing out that with a hypothetical investment of $250, it is absolutely impossible to generate an average of $1300 in daily profits. It’s actually not even possible to generate an average of $1,300 in annual profit, so this is a huge lie.

Moreover, in such cases, the naive investors should ask themselves why a company that happens to own such software should give it away to everyone. It’s more than obvious that if they give it away, it means that either it doesn’t work or it simply doesn’t exist.

Bitcoin 360 AI: the classic scam

Analyzing what is written on the official Bitcoin 360 AI website, one can go so far as to say that practically nothing they say is true. In fact, nothing they say is verifiable: to believe what is claimed would require trusting someone who has not even been identified.

It is worth remembering that anyone can create such a website and write any lie on it. So the most obvious thing is that scammers did it.

Also, similar sites have been published for years now, and they have all always turned out to be nothing but scams. Most likely, it is always the same scammers who create many different versions, with different names, of basically the same website to try to lure more and more naive people.

It is no coincidence that the site’s domain is registered anonymously so that the authors cannot be traced.

Unfortunately, these are often real organizations operating from abroad, and as a result law enforcement authorities are unable to arrest them. Now they have been operating in exactly the same way for so long that someone should have learned that they are just trivial scams.