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aliitp2 (OP)
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October 06, 2022, 08:21:52 PM
 #1

i cam across http://through google ADs i guess:
https://btc-spawn.com/?us=hussammfj@gmail.com

they claim they buy btc from some exchanges at cheap and sell the BTC to other exchanges at higher rate, its got a certain terminology which i cant remember...

do u think they are reputable ?

they seem to buy reputable enough on trust pilot, is this ENOUGH of an indicator to consider them reliable or what ??
https://uk.trustpilot.com/review/btc-spawn.com?utm_medium=trustbox&utm_source=MicroReviewCount

can i trust them with higher amounts and ANY OTHER SIMILAR REPUTBLE SERVICES THAN THIS ??
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October 06, 2022, 08:32:33 PM
 #2

This is the scammer gmail: https://btc-spawn[dot]com/?us=hussammfj@gmail.com

So, that means, this is the scammer site: https://btc-spawn[dot]com

This is when the site domain was registered:

Code:
Domain:btc-spawn.com
Registrar:REGISTRAR OF DOMAIN NAMES REG.RU LLC
Registered On:2022-07-16
Expires On:2024-07-16
Updated On:2022-07-16

It was registered just 3 months ago.

they claim they buy btc from some exchanges at cheap and sell the BTC to other exchanges at higher rate, its got a certain terminology which i cant remember...
It is called arbitrage trading.

You can do that yourself. If anyone says they can do it for you, they will request for money from you for no two reason, but to scam you.

they seem to buy reputable enough on trust pilot, is this ENOUGH of an indicator to consider them reliable or what ??
https://uk.trustpilot.com/review/btc-spawn.com?utm_medium=trustbox&utm_source=MicroReviewCount
Reviewing site can be helpful at times, but the reviews can also be fake at times. Just 91 people reviewed the site yet and that is not high enough to think it is true. Their are fake reviews sometimes until people start to know that it is a scam. It is just a ponzi scheme.

Some people are paid for reviews.
Some people can be given reward by being paid as promised, in form if ponzi scheme to leave them with good reviews, but later, late investors are scammed and you can be one of them.

Avoid.

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October 06, 2022, 11:27:35 PM
Last edit: October 12, 2022, 11:26:14 PM by BitMaxz
 #3

Trustpilot is not a good place to check if the site is legit or not.
It's always best to ask it here on the forum than to check reviews from sites like Trustpilot.

And no trading bot can make you rich overnight(get rich quick scheme) they are most likely scams.

How exactly did you find this website? If it's ads what keyword?
I tried a few keywords that include that site but I can't find any ads.
Does it seem you are trying to promote it here?

I check the backlinks and it has 200 backlinks according to Ahrefs it was spread to 60 domains with 200 links. So you might be found it there but the exact email you posted above is not listed on Ahrefs so how exactly did you find this site?

So that I can report it right away to Google ads if you found it as ads.

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October 07, 2022, 09:59:35 PM
 #4

they claim they buy btc from some exchanges at cheap and sell the BTC to other exchanges at higher rate, its got a certain terminology which i cant remember...
This is known as arbitrage trading, but I can bet my hand if they are doing anything like this.

do u think they are reputable ?
Nope, absolute scam. Don't even bother. There are far better reputable bots you can use, though you need some technical knowledge to make it work according to your trading strategy.

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October 07, 2022, 10:31:43 PM
 #5

they claim they buy btc from some exchanges at cheap and sell the BTC to other exchanges at higher rate, its got a certain terminology which i cant remember...
This is known as arbitrage trading, but I can bet my hand if they are doing anything like this.

do u think they are reputable ?
Nope, absolute scam. Don't even bother. There are far better reputable bots you can use, though you need some technical knowledge to make it work according to your trading strategy.

Yeah, I think arbitrage was a thing of the past, maybe if we are still in 2017, I would believed that they can make money out of this system. But it's very different now, exchanges are well aware of this kind of trading and so they are not giving any chance for some to trade this way. Besides, it should be very fast that only bots can do it.

And so I agree that this could be scam, but I will say that the OP should stir away from any bots if he don't know how to even have a knowledge of basic trade.

 
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aliitp2 (OP)
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October 12, 2022, 12:18:30 AM
 #6

they claim they buy btc from some exchanges at cheap and sell the BTC to other exchanges at higher rate, its got a certain terminology which i cant remember...
This is known as arbitrage trading, but I can bet my hand if they are doing anything like this.

do u think they are reputable ?
Nope, absolute scam. Don't even bother. There are far better reputable bots you can use, though you need some technical knowledge to make it work according to your trading strategy.

Yeah, I think arbitrage was a thing of the past, maybe if we are still in 2017, I would believed that they can make money out of this system. But it's very different now, exchanges are well aware of this kind of trading and so they are not giving any chance for some to trade this way. Besides, it should be very fast that only bots can do it.

And so I agree that this could be scam, but I will say that the OP should stir away from any bots if he don't know how to even have a knowledge of basic trade.

well after committing to 10 days of staking my 9$ investment, they say i made 18.14 USD in profits, trying to withdraw, they wont allow it, it seems like a scam, glad i have put just 9$

but going through this post:
https://www.softwaretestinghelp.com/best-crypto-arbitrage-bots/

this seems more reputable or reliable not sure what u guys think ?!?
https://www.pionex.com/en-US/

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October 12, 2022, 03:34:08 AM
 #7

Trustpilot is not a good place to check if the site is legit or not.
It's always best to ask it here on the forum than to check reviews from sites like Trustpilot.

This. Sites like TrustPilot are utter crap that I don't even consider them when doing research on anything. You're better off looking for reviews on Reddit, some forums, and other social media sites. Of course obviously reviews on the likes of Reddit can also be faked, but the chances of them being fake are far lower. And as always, be skeptical.

Also OP, just don't use trading bots unless you can configure one yourself. Use Gekko if you're going to be serious.

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October 12, 2022, 04:00:07 AM
 #8


It was registered just 3 months ago.

well that's not enough reason to trust,  and i think much better to trust which is more reliable and proven than seeking for another good services when it comes trading because nowadays everyone can offer such features but mostly are not trustworthy..  So better to rely on the most trusted one and there's a lot of good feedbacks to assure the safety of our capital.

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October 15, 2022, 10:05:34 PM
 #9

well after committing to 10 days of staking my 9$ investment, they say i made 18.14 USD in profits, trying to withdraw, they wont allow it, it seems like a scam, glad i have put just 9$

but going through this post:
https://www.softwaretestinghelp.com/best-crypto-arbitrage-bots/

this seems more reputable or reliable not sure what u guys think ?!?
https://www.pionex.com/en-US/


That must have been another indication this was a scam, arbitrage trading relies on finding differences between the price of assets at different exchanges and then taking advantage of it, however the profits you can obtain are very low and you need a massive amount of capital to make any amount of money, the fact they claim you doubled your capital in just 10 days is ridiculous as this is not something which you can possibly ever do with this style of trading.
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October 20, 2022, 11:14:01 AM
 #10

i cam across http://through google ADs i guess:
https://btc-spawn.com/?us=hussammfj@gmail.com

they claim they buy btc from some exchanges at cheap and sell the BTC to other exchanges at higher rate, its got a certain terminology which i cant remember...

do u think they are reputable ?
It must be called arbitrage or arb for short. So this is what this all about? But earlier, im expecting something different because your title says trading bots, so what came to my mind first are those common trading bots where it helps you trade automatically like gunbot and similar.

I don't know if they are reputable as this is my first time to hear them. They may look reputable according on trust pilot but that is not enough to say that they are truly reputable because anyone can buy fake reviews or they can just create an account there and put positive comments. Obviously don't try them with higher amounts but you can begin with smaller amounts first if you insist to test them out.

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October 20, 2022, 11:18:00 AM
 #11

Nope. There’s no company that can do arbitrage trading in different exchange and earn huge due to crypto volatility and less liquidity on orderbook per exchange. They will not need investment if there method is generating profit consecutively. Most of this random ads on google that offering profit using a method that is too good to be true is just a scam. There’s no such thing as trading bot like that and if there is, You will not gonna see it publicly and ask for investment.  Cheesy

Just try exchange bots for trading and do it your own way.
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