What Is BitcoinSquare?

BitcoinSquare is an investment platform designed for cryptocurrencies and it guides you by providing an expert opinion in BTC investments. Although they have their knowledge about the investment, they do not have a license and thus not authorized to provide this investment advice.

Its major presence is in the US and it is targeting the people there as a lot of traffic is coming from the country. It is an illegal investment service that is running without any proof. The doubtful owner is running their business in the US it simply means they are getting support from the local authorities. The U.S. Securities and Exchange Commission does not recognize the Ponzi scheme of Bitcoin Square.

So, BitcoinSquare functions like an investor on your behalf and invests your Bitcoin giving you the return after 2 or more days. It is promising 3 different investment plans. But in most cases there are cases of fraud and the customer has not received a single penny still today.

There is a long list of people who have received the payment but it will not give you assurance as it is very hard to track an individual address, so it does not make any sense and the question still remains the same. There is a doubt about the company and it is yet not clear.

As the owner has not provided transparency one cannot depend on the website. The website is showing fake transactions to the customers just to fool them, customers are taking a high risk putting their funds at risk and simply giving it to the scammer.

If someone wants to trade their cryptocurrency, he or she are advised to trade it using trading robots who are designed for trading and the advantage will be that it is easy to track allowing your transparency.

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